5571 Forest Hill Ave Unit 16 Richmond, VA 23225
Cedarhurst Neighborhood
2
Beds
2.5
Baths
1,160
Sq Ft
$282/mo
HOA Fee
Highlights
- Front Porch
- Shed
- Ceramic Tile Flooring
- Open High School Rated A+
- En-Suite Primary Bedroom
- Guest Parking
About This Home
As of September 2024Welcome to this beautifully updated townhome in the heart of Forest Hill! This home is perfect for a first time buyer, a downsizer or even an investor! Upon entering, you'll find a kitchen with a stainless steel stove, vent hood, fridge, and dishwasher, all replaced in the last two years. The kitchen features updated cabinets and flooring. Down the hall, an eat-in area seamlessly connects to the spacious living room with updated flooring, a fireplace, and plenty of room for entertaining or relaxing. The sliding glass door, replaced in 2023, comes with a five-year transferable warranty. The main level also has a half bath with a new vanity and tile flooring.
Upstairs, there are two nicely sized bedrooms, each with its own private full bathroom featuring new vanities and tile flooring. Both bedrooms offer ample closet space. The home includes a walkable attic with pull-down stairs for additional storage.
Additional updates since 2022 include a new main water shut off and pipes, an encapsulated crawl space, and a brand new roof. The backyard shed provides extra storage. Conveniently located near public transportation, with a bus stop at the community entrance, this property is just minutes from the James River, Forest Hill Park, and neighborhood restaurants like The Little Nickel, The Galley, and Crossroads Coffee and Ice Cream!
Last Agent to Sell the Property
EXP Realty LLC License #0225249109 Listed on: 08/06/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,704
Year Built
- Built in 1982
HOA Fees
- $282 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,160 Sq Ft Home
- 2-Story Property
- Wired For Data
- Ceiling Fan
- Wood Burning Fireplace
- Sliding Doors
- Stacked Washer and Dryer
Kitchen
- Oven
- Electric Cooktop
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
Home Security
Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- Shed
- Front Porch
Schools
- Southampton Elementary School
- Lucille Brown Middle School
- Huguenot High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Water Heater
- High Speed Internet
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number C005-0341-116
Community Details
Overview
- Colonial Green Condominiums Subdivision
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2024
Closed on
Sep 24, 2024
Sold by
Wilt Sarah Chelsea and Wilt James
Bought by
Trotter Timothy J
Seller's Agent
Lauren Hammond
EXP Realty LLC
Buyer's Agent
Jarrod Houp
Shaheen Ruth Martin & Fonville
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Views
128
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,940
Avg. Annual Appreciation
7.56%
Original Mortgage
$223,100
Outstanding Balance
$221,871
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$21,056
Purchase Details
Closed on
Nov 17, 2022
Sold by
Bersimo Team Llc
Bought by
Wilt James and Wilt Sarah Chelsea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
4%
Mortgage Type
VA
Purchase Details
Closed on
Feb 7, 2022
Sold by
Hill Management Llc
Bought by
Bersimo Team Llc
Purchase Details
Closed on
Oct 20, 2009
Sold by
Rogers Sub Tr Nancy Ann
Bought by
Hill Management Llc
Purchase Details
Closed on
Aug 24, 2004
Sold by
Reid Ernest
Bought by
Horak Travis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
6.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2002
Sold by
Johnson Darius A
Bought by
Reid Ernest L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
6.85%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 27, 2000
Sold by
Harper Alice M
Bought by
Johnson Darius A and Stewart Monique H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
8.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 1999
Bought by
Harper Alice M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
6.78%
Mortgage Type
FHA
Similar Homes in Richmond, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | First American Title | |
| Bargain Sale Deed | $209,000 | Fidelity National Title | |
| Bargain Sale Deed | $180,000 | Fidelity National Title | |
| Trustee Deed | $115,000 | -- | |
| Deed | $88,500 | -- | |
| Warranty Deed | $71,000 | -- | |
| Warranty Deed | $62,000 | -- | |
| Warranty Deed | $52,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $223,100 | New Conventional | |
| Previous Owner | $209,000 | VA | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $70,800 | New Conventional | |
| Previous Owner | $69,400 | FHA | |
| Previous Owner | $58,900 | New Conventional | |
| Previous Owner | $50,350 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $230,000 | +2.2% | $198 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 08/06/2024 08/06/24 | For Sale | $225,000 | -- | $194 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $1,704 | $142,000 | $40,000 | $102,000 |
| 2024 | $1,704 | $142,000 | $40,000 | $102,000 |
| 2023 | $1,704 | $142,000 | $40,000 | $102,000 |
| 2022 | $1,704 | $142,000 | $40,000 | $102,000 |
| 2021 | $1,596 | $142,000 | $40,000 | $102,000 |
| 2020 | $1,596 | $133,000 | $28,000 | $105,000 |
| 2019 | $762 | $127,000 | $35,000 | $92,000 |
| 2018 | $1,440 | $120,000 | $35,000 | $85,000 |
| 2017 | $1,680 | $140,000 | $35,000 | $105,000 |
| 2016 | $1,680 | $140,000 | $35,000 | $105,000 |
| 2015 | $1,680 | $140,000 | $35,000 | $105,000 |
| 2014 | $1,680 | $140,000 | $35,000 | $105,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Hammond
Seller's Agent in 2024
Lauren Hammond
EXP Realty LLC
(571) 442-0814
1 in this area
71 Total Sales
-
Jarrod Houp
Buyer's Agent in 2024
Jarrod Houp
Shaheen Ruth Martin & Fonville
(804) 621-3721
1 in this area
15 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2419574
APN: C005-0341-116
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.
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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