NOT LISTED FOR SALE

5545 Forest Hill Ave Unit 5545 Richmond, VA 23225

Cedarhurst Neighborhood

Estimated Value: $248,794 - $277,000

3 Beds
2 Baths
1,250 Sq Ft
653 Sq Ft Lot

Last Sold January 08, 2015

Last sale price $95,000 $76 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,525/month

26 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Open High School Rated A+
  • Wall to Wall Carpet

About This Home

As of January 2015

Completely remodeled 2 story Condo in a great location. This home features 3 bedrooms, 2.5 baths with new paint, carpet, counter tops,flooring, water heater, new HVAC system and New replacement windows. Quite a deal for the price. Come see this beauty today. Sellers First Look Initiative allows only owner occupant offers for the first 20 days of listing, good through 10/11//14. After that date, investors offers will be reviewed.

Last Agent to Sell the Property

Alan Puryear

Coldwell Banker Elite License #0225059106 Listed on: 11/12/2014

Coldwell Banker Elite

Last Buyer's Agent

Richard Harrison

Napier REALTORS ERA License #0225178096

Napier REALTORS ERA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,848

Year Built

  • 1982

Lot Details

  • 653

Home Design

  • Composition Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number C0050341103

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,848

Year Built

1982

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 76.00
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Flooring: Carpet-W-W, Vinyl
  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Pull Down
  • Number Of Levels: 2.00

Exterior Features

  • Roof: Composition
  • Siding: Vinyl

Utilities

  • Heating Fuel: Electric
  • Heating: Forced Hot Air, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Association/Amenities

  • Amenities: Landscaping
  • Management Firm: ACS West

Fee Information

  • Fee: 117.00
  • Fee Period: Monthly

Lot Info

  • Parcel Number: C0050341103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Menk Properties Llc
Bought by
5545 Forest Hill Llc
Current Estimated Value
$260,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$46,528
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$213,671

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jan 6, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Menk Properties Llc
Seller's Agent
Alan Puryear
Coldwell Banker Elite
Buyer's Agent
Richard Harrison
Napier REALTORS ERA
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$76,000
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 22, 2014
Sold by
Samuel I White Pc Sub Tr
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 29, 2004
Sold by
Chambliss Dekesha
Bought by
Jenkins Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2002
Sold by
Darden William T
Bought by
Chambliss Dekesha Y and Chambliss Althia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,050
Interest Rate
6.16%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
5545 Forest Hill Llc $239,950 Chicago Title
5545 Forest Hill Llc $239,950 Chicago Title
Menk Properties Llc $95,000 --
Federal Home Loan Mortgage Corporation $67,800 --
Jenkins Michelle $120,500 --
Chambliss Dekesha Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5545 Forest Hill Llc $135,000
Closed 5545 Forest Hill Llc $135,000
Open 5545 Forest Hill Llc $475,000
Previous Owner Menk Properties Llc $76,000
Previous Owner Jenkins Michelle $102,500
Previous Owner Chambliss Dekesha Y $78,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2015 01/08/15 Sold $95,000 -13.6% $76 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
11/12/2014 11/12/14 For Sale $109,900 -- $88 / 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 $1,848 $154,000 $40,000 $114,000
2024 $1,848 $154,000 $40,000 $114,000
2023 $1,848 $154,000 $40,000 $114,000
2022 $1,848 $154,000 $40,000 $114,000
2021 $1,728 $154,000 $40,000 $114,000
2020 $1,723 $144,000 $30,000 $114,000
2019 $1,648 $137,000 $35,000 $102,000
2018 $1,560 $130,000 $35,000 $95,000
2017 $1,908 $159,000 $35,000 $124,000
2016 $1,908 $159,000 $35,000 $124,000
2015 $1,908 $159,000 $35,000 $124,000
2014 $1,908 $159,000 $35,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1431056

Central Virginia Regional MLS

APN: C005-0341-103