NOT LISTED FOR SALE

5508 Riverside Heights Way Richmond, VA 23225

Cedarhurst Neighborhood

Estimated Value: $381,466 - $407,000

3 Beds
2.5 Baths
1,584 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $339,500 $214 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,659/month

100 Days on Market

Highlights

  • Newly Remodeled
  • Craftsman Architecture
  • High Ceiling
  • Open High School Rated A+
  • Wood Flooring
  • Granite Countertops

About This Home

As of February 2023

Owner Purchased new in 2016. Open Concept Townhome. Primary Bedroom with en-suite Bath. Excellent location convenient to VCU, Stony Point, Forest Hill Park, James River etc.
This townhome has a 1 Car detached garage, Stamped Concrete patio / courtyard, fenced. In addition it has attic access for minimal additional storage, tankless Hot Water Heater. Home has just been fully painted and carpets replaced.

Last Agent to Sell the Property

Donald Ford

Hometown Realty License #0225031207 Listed on: 10/23/2022

Hometown Realty

Last Buyer's Agent

Kia Townes

1st Class Real Estate RVA License #0225215428

1st Class Real Estate RVA

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 2,200 Sq Ft Lot
  • Vinyl Fence
  • Back Yard Fenced

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Front Porch
  • Stoop

Schools

  • Southampton Elementary School
  • Lucille Brown Middle School
  • Huguenot High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number C005-0340-043

Community Details

Overview

  • Riverside Heights Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,672

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2016
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0505
  • Ownership: Individuals
  • Subdivision Name: Riverside Heights
  • Architectural Style: Craftsman, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: New
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Appliances: Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Stove, Tankless Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Dining Area, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Cable TV
  • Living Area: 1584.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Vinyl
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Drywall, Frame, Stone, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Patio, Stoop
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Detached, Garage, Garage Door Opener, Off Street, Two Spaces, On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Structure, Reserve Fund, Trash

Schools

  • Middle Or Junior School: Lucille Brown

Lot Info

  • Parcel Number: C005-0340-043
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3672.0
  • Tax Lot: 33

MLS Schools

  • Elementary School: Southampton
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2022
Closed on
Feb 22, 2023
Sold by
Williams Lindsey
Bought by
Ruckman James J
Seller's Agent
Donald Ford
Hometown Realty
Buyer's Agent
Kia Townes
1st Class Real Estate RVA
List Price
$369,900
Sold Price
$339,500
Premium/Discount to List
-$30,400
-8.22%
Views
104
Current Estimated Value
$399,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,834
Avg. Annual Appreciation
6.81%
Original Mortgage
$347,308
Outstanding Balance
$334,284
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$64,959

Purchase Details

Closed on
Sep 6, 2016
Sold by
Nvr Inc A Virginia Corporation
Bought by
Williams Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,132
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ruckman James J $339,500 --
Williams Lindsey $257,869 Nvr Settlement Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruckman James J $347,308
Previous Owner Williams Lindsey $250,132
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $339,500 0.0% $214 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $339,500 -5.7% $214 / Sq Ft
12/22/2022 12/22/22 Price Changed $359,900 -2.7% $227 / Sq Ft
10/23/2022 10/23/22 For Sale $369,900 -- $234 / 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 $3,996 $333,000 $65,000 $268,000
2024 $3,984 $332,000 $65,000 $267,000
2023 $3,744 $312,000 $65,000 $247,000
2022 $3,672 $306,000 $65,000 $241,000
2021 $3,372 $283,000 $65,000 $218,000
2020 $3,372 $281,000 $40,000 $241,000
2019 $2,904 $242,000 $40,000 $202,000
2018 $2,892 $241,000 $40,000 $201,000
2017 $2,760 $230,000 $40,000 $190,000
2016 $480 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2228976

Central Virginia Regional MLS

APN: C005-0340-043