NOT LISTED FOR SALE

5541 Riverside Heights Way Unit 1 Richmond, VA 23225

Cedarhurst Neighborhood

Estimated Value: $391,186 - $422,000

3 Beds
2.5 Baths
1,584 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $252,127 $159 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,589/month

115 Days on Market

Highlights

  • Newly Remodeled
  • Transitional Architecture
  • Breakfast Area or Nook
  • Open High School Rated A+
  • High Ceiling
  • 1 Car Detached Garage

About This Home

As of June 2016

BRAND NEW COMMUNITY! Ryan Homes at Riverside Heights offers the lowest priced, luxury garage townhomes in RVA, close to downtown, Carytown, The Fan and minutes from Pony Pasture. This 2 level townhome features 3 bedrooms, 2 full and one 1/2 baths and includes an expansive list of included features: 1-Car detached garage plus private parking pad, granite kitchen counters, recessed lighting in kitchen and all stainless appliances. Experience a beautiful upgrade to City Life at Riverside Heights!

Last Agent to Sell the Property

Janice Taylor

RE/MAX Commonwealth License #0225002880 Listed on: 08/19/2015

RE/MAX Commonwealth

Last Buyer's Agent

Nina Newton

Shaheen Ruth Martin & Fonville License #0225043965

Shaheen Ruth Martin & Fonville

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 3,833

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Home to be built
  • Transitional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

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

Listing and Financial Details

  • Tax Lot BA
  • Assessor Parcel Number C-005-0340-018

Community Details

Overview

  • Riverside Heights Subdivision
  • The community has rules related to allowing corporate owners

Additional Features

  • Common Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,847

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$110 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2015
  • Ownership: Corporate
  • Subdivision Name: Riverside Heights
  • Architectural Style: Two Story, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: To Be Built
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Townhouse
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave, Oven, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Area, Eat-in Kitchen, High Ceilings
  • Living Area: 1584.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association
  • Amenities: Landscaping
  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash

Schools

  • Middle Or Junior School: Lucille Brown

Lot Info

  • Parcel Number: C-005-0340-018
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2847.0
  • Tax Lot: BA

MLS Schools

  • Elementary School: Southampton
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Lodha Pradeep L and Lodha Sangeeta
Bought by
Bruchac Christine
Current Estimated Value
$404,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$304,077
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$100,220

Purchase Details

Closed on
Sep 15, 2019
Sold by
Giles Ian and Giles Anne
Bought by
Lodha Pradeep L and Lodha Sangeeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,960
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2015
Closed on
Jun 20, 2016
Sold by
Nvr Inc A Virginia Corporation
Bought by
Giles Ian C and Giles Anne K
Seller's Agent
Janice Taylor
RE/MAX Commonwealth
Buyer's Agent
Nina Newton
Shaheen Ruth Martin & Fonville
List Price
$241,190
Sold Price
$252,127
Premium/Discount to List
$10,937
4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$252,127
Interest Rate
3.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2016
Sold by
Hope Equity Llc A Virginia Limited Liabi
Bought by
Nvr Inc A Virginia Corporation
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
Bruchac Christine $385,000 Fidelity National Title
Lodha Pradeep L $299,950 Attorney
Giles Ian C $252,127 Attorney
Nvr Inc A Virginia Corporation $364,500 Nvr Settlement Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruchac Christine $308,000
Previous Owner Lodha Pradeep L $239,960
Previous Owner Giles Ian C $252,127
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $252,127 +4.5% $159 / Sq Ft
12/12/2015 12/12/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $241,190 -- $152 / 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 $4,176 $348,000 $80,000 $268,000
2024 $4,164 $347,000 $80,000 $267,000
2023 $3,960 $330,000 $80,000 $250,000
2022 $3,900 $325,000 $80,000 $245,000
2021 $3,492 $302,000 $80,000 $222,000
2020 $3,492 $291,000 $50,000 $241,000
2019 $3,024 $252,000 $50,000 $202,000
2018 $3,012 $251,000 $50,000 $201,000
2017 $2,868 $239,000 $50,000 $189,000
2016 $600 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Janice Taylor

    Seller's Agent in 2016

    Janice Taylor

    RE/MAX

    (804) 921-9995

    163 Total Sales

    Janice Taylor
    Section Image
  • Nina Newton

    Buyer's Agent in 2016

    Nina Newton

    Shaheen Ruth Martin & Fonville

    (804) 334-6849

    34 Total Sales

    Nina Newton
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1523519

Central Virginia Regional MLS

APN: C005-0340-018

Virginia Richmond City County Richmond 23225 Cedarhurst

5541 Riverside Heights Way Unit 1, Richmond, VA

Not Listed for Sale

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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