NOT LISTED FOR SALE

5501 Yates Ln Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $297,000 - $326,000

4 Beds
3 Baths
1,898 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $160,500 $85 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,913/month

4 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Central Air
  • Main Floor Primary Bedroom
  • En-Suite Primary Bedroom
  • Storm Doors

About This Home

As of August 2017

BEAUTIFULLY MAINTAINED SPLIT-LEVEL ON A LARGE CORNER LOT.GREAT LAY-OUT FOR FAMILY;LOWER LEVEL OFFERS TWO-BEDROOMS,FAMILY ROOM GREAT FOR FAMILY ENTERTAINING AND FULL BATH. BEAUTIFUL GLASS STORM DOOR, AND NEW ENTRANCE DOOR.TOOL SHED CONVEYS WITH PROPERTY. GREAT HOME FOR FAMILY. PAVED DRIVEWAY WITH GREAT PARKING.WASHER/DRYER.RANGE,REFRIGERATOR. NEW HOT WATER HEATER.

Last Agent to Sell the Property

Willnette Dyer

Wilnet M Dyer & Co License #0225108864 Listed on: 06/20/2017

Last Buyer's Agent

Wade Randolph

Premier Choice Realty License #0225139973

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1994

Lot Details

  • 8,276

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,898 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Thermal Windows
  • Dining Area
  • Storm Doors
  • Laminate Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Driveway
  • Paved Parking

Schools

  • Highland Springs Elementary School
  • Fairfield Middle School
  • Highland Springs

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet

Additional Features

  • Deck
  • 8,276 Sq Ft Lot

Community Details

  • Wynfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 815-724-5404

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,148

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1994
  • Property Attached Yn: No
  • Lot Size Acres: 0.19
  • Lot Size: 18,186
  • Ownership: Individuals
  • Subdivision Name: Wynfield
  • Architectural Style: Split-Foyer
  • Garage Yn: No
  • Unit Levels: Two, Multi/Split
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Full, Walk-Out Access
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Interior Amenities: Bedroom on Main Level, Dining Area, High Speed Internet, Laminate Counters, Bath in Primary Bedroom, Main Level Primary, Wired for Data
  • Living Area: 1898.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Frame, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Fairfield

Lot Info

  • Parcel Number: 815-724-5404
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1148.4

MLS Schools

  • Elementary School: Highland Springs
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Aug 8, 2017
Sold by
Brown Andre D
Bought by
Ross Kenneth and Ross Cornequa
Seller's Agent
Willnette Dyer
Wilnet M Dyer & Co
Buyer's Agent
Wade Randolph
Premier Choice Realty
List Price
$155,000
Sold Price
$160,500
Premium/Discount to List
$5,500
3.55%
Current Estimated Value
$311,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,933
Avg. Annual Appreciation
8.34%
Original Mortgage
$5,617
Interest Rate
3.92%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Feb 11, 2013
Closed on
Jul 25, 2013
Sold by
Igweike Ikechukwu F
Bought by
Brown Andre D
Seller's Agent
Kathy Carmichael
ERA Woody Hogg & Assoc
Buyer's Agent
Carol Bynum
VA Choice Real Estate LLC
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$5,500
Interest Rate
4.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 29, 2007
Sold by
Lee Elizabeth V
Bought by
Igweike Ikechakwu F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,311
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1998
Sold by
Gail Chloe Y
Bought by
Lee Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,501
Interest Rate
6.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ross Kenneth $160,500 Attorney
Brown Andre D $110,000 --
Igweike Ikechakwu F $174,000 --
Lee Elizabeth $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Cornequa $75,000
Closed Ross Cornequa $5,617
Open Ross Kenneth $157,592
Previous Owner Brown Andre D $117,550
Previous Owner Brown Andre D $5,500
Previous Owner Brown Andre D $108,007
Previous Owner Igweike Ikechakwu F $171,311
Previous Owner Lee Elizabeth $95,501
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $160,500 +3.5% $85 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $155,000 +40.9% $82 / Sq Ft
09/09/2013 09/09/13 Sold $110,000 -4.3% $58 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $115,000 -- $61 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,259 $257,000 $45,000 $212,000
2024 $2,259 $240,000 $45,000 $195,000
2023 $2,040 $240,000 $45,000 $195,000
2022 $1,946 $228,900 $45,000 $183,900
2021 $1,718 $177,300 $42,000 $135,300
2020 $1,543 $177,300 $42,000 $135,300
2019 $1,493 $171,600 $42,000 $129,600
2018 $1,345 $154,600 $38,000 $116,600
2017 $1,151 $132,300 $36,000 $96,300
2016 $1,126 $129,400 $36,000 $93,400
2015 $1,126 $129,400 $36,000 $93,400
2014 $1,126 $129,400 $36,000 $93,400
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Willnette Dyer

    Wilnet M Dyer & Co

    Section Image
  • Wade Randolph

    Buyer's Agent in 2017

    Wade Randolph

    Premier Choice Realty

    (804) 986-1050

    1 in this area

    49 Total Sales

    Wade Randolph
    Section Image
  • Kathy Carmichael

    Seller's Agent in 2013

    Kathy Carmichael

    ERA Woody Hogg & Assoc

    (804) 683-0011

    2 in this area

    98 Total Sales

    Kathy Carmichael
    Section Image

  • C

    Buyer's Agent in 2013

    Carol Bynum

    VA Choice Real Estate LLC

    2 in this area

    40 Total Sales

    Carol Bynum
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1723141

Central Virginia Regional MLS

APN: 815-724-5404

Virginia Henrico County Richmond 23223 Fairfield

5501 Yates Ln, Richmond, VA

This home is located at 5501 Yates Ln, Richmond, VA 23223 since 20 June 2017 and is currently estimated at $311,433, approximately $164 per square foot. This property was built in 1994. 5501 Yates Ln is a home located in Henrico County with nearby schools including Highland Springs Elementary School, Fairfield Middle School, and Highland Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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