NOT LISTED FOR SALE

5602 Simpson Ave Richmond, VA 23231

Fulton Neighborhood

Estimated Value: $231,000 - $254,710

3 Beds
1.5 Baths
1,256 Sq Ft
$194/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $140,000 $111 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,514/month

12 Days on Market

Highlights

  • In Ground Pool
  • 0.49 Acre Lot
  • Eat-In Kitchen
  • Open High School Rated A+
  • Wood Flooring
  • Shed

About This Home

As of November 2020

Welcome to 5602 Simpson Avenue, a charming 3 bedroom, 1.5 baths all Brick Ranch! Hardwood floors and lots of extra cabinet space in kitchen with eat in area. Large yard fully fenced in front and back. This home is move in ready and perfect for a first time home buyer or great investment property! A must see that won't last long! Although no known defects, sheds and pool will convey "AS IS'.

Last Agent to Sell the Property

Tanya Cauthorne

Napier REALTORS ERA License #0225241211 Listed on: 10/08/2020

Napier REALTORS ERA

Last Buyer's Agent

Maegan Deibler

Long & Foster REALTORS License #0225215701

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1961

Lot Details

  • 0.49 Acre Lot
  • Chain Link Fence
  • Zoning described as R-5

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Shed

Schools

  • Bellevue Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Harrison Place Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number E010-0227-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1961
  • Property Attached Yn: No
  • Lot Size Acres: 0.4858
  • Ownership: Individuals
  • Subdivision Name: Harrison Place
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Partially Carpeted, Tile, Wood
  • Appliances: Gas Water Heater, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Living Area: 1256.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link, Fenced
  • Pool Features: Fenced, In Ground, Pool
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Brick, Frame
  • Exterior Features: Awning(s), Storage, Shed
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • 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: Martin Luther King Jr.

Lot Info

  • Parcel Number: E010-0227-004
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1380.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 2, 2020
Sold by
Choi Wai
Bought by
Miller Esson Mckenzie and Miller Anne Macphee
Seller's Agent
Tanya Cauthorne
Napier REALTORS ERA
Buyer's Agent
Maegan Deibler
Long & Foster REALTORS
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$243,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,428
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Apr 6, 2011
Sold by
Secy Of H U D
Bought by
Choi Wai

Purchase Details

Closed on
Aug 17, 2010
Sold by
Profl Foreclosure Corp Of Va
Bought by
Secy Of H U D

Purchase Details

Closed on
Aug 29, 2003
Sold by
Jones Tony G
Bought by
Hicks Carl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,861
Interest Rate
5.69%
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
Miller Esson Mckenzie $140,000 Stewart Title Guaranty Co
Choi Wai $47,000 --
Secy Of H U D $119,655 --
Hicks Carl W $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Esson Mckenzie $147,000
Previous Owner Hicks Carl W $107,590
Previous Owner Hicks Carl W $80,861
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $140,000 +0.1% $111 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $139,900 -- $111 / 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 $2,256 $188,000 $70,000 $118,000
2024 $2,148 $179,000 $65,000 $114,000
2023 $1,848 $154,000 $55,000 $99,000
2022 $1,632 $136,000 $45,000 $91,000
2021 $1,380 $121,000 $40,000 $81,000
2020 $1,380 $115,000 $35,000 $80,000
2019 $1,320 $110,000 $35,000 $75,000
2018 $1,272 $106,000 $35,000 $71,000
2017 $1,224 $102,000 $35,000 $67,000
2016 $1,224 $102,000 $35,000 $67,000
2015 $1,212 $102,000 $35,000 $67,000
2014 $1,212 $101,000 $35,000 $66,000
Source: Public Records

Agents Affiliated with this Home

  • Tanya Cauthorne

    Seller's Agent in 2020

    Tanya Cauthorne

    Napier REALTORS ERA

    (804) 514-0450

    3 in this area

    23 Total Sales

    Tanya Cauthorne
    Section Image
  • Maegan Deibler

    Buyer's Agent in 2020

    Maegan Deibler

    Long & Foster

    (804) 307-4240

    1 in this area

    35 Total Sales

    Maegan Deibler
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2031115

Central Virginia Regional MLS

APN: E010-0227-004

Virginia Richmond City County Richmond 23231 Fulton

5602 Simpson Ave, Richmond, VA

This home is located at 5602 Simpson Ave, Richmond, VA 23231 since 08 October 2020 and is currently estimated at $243,428, approximately $193 per square foot. This property was built in 1961. 5602 Simpson Ave is a home located in Richmond City with nearby schools including Bellevue Elementary School, Martin Luther King Jr. Middle School, and Armstrong 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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