NOT LISTED FOR SALE

5608 Crenshaw Rd Unit 1331 Richmond, VA 23227

Chamberlayne Neighborhood

Estimated Value: $121,000 - $141,000

1 Bed
1 Bath
730 Sq Ft
0.56 Acres

Last Sold April 25, 2014

Last sale price $35,000 $48 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $829/month

56 Days on Market

About This Home

As of April 2014

OPPORTUNITY IS KNOCKING!!! Excellent Value in Henrico. Great 1 bedroom, 1 full bath condo. Large living room/dining area combo, kitchen with all appliances in place, full bath and a large bedroom. Exterior maintenance and grounds with a swimming pool are included in the HOA. Each building has on-site laundry facilities. Short Sale. Subject to 3 Party Approval. This Property is being SOLD AS-IS, including appliances. Tenant is on a month to month lease.

Last Agent to Sell the Property

Sherri Spragg

ICON Realty Group License #0225177168 Listed on: 11/29/2013

ICON Realty Group

Last Buyer's Agent

Mike Boone

Boone Residential LLC License #0225199873

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $907

Year Built

  • 1963

Lot Details

  • 0.56

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Property has 1 Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 788-746-5297.008

Property Details

Home Type

Condominium

Est. Annual Taxes

$907

Year Built

1963

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 47.95
  • Finished Sq Ft: 730
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1963

Interior Features

  • Number of Rooms: 4
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Pool Description: Community/Off Site, In Ground
  • Roof: Composition
  • Siding: Brick, Vinyl

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Fee Information

  • Fee: 159.00
  • Fee Period: Monthly

Schools

  • Elementary School: Laburnum
  • Middle School: Douglas Wilder
  • High School: Henrico

Lot Info

  • Zoning: R-5
  • Parcel Number: 788-746-5297.008

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2013
Closed on
Apr 15, 2014
Sold by
Holmes William B
Bought by
Sadek Ihab
Seller's Agent
Sherri Spragg
ICON Realty Group
Buyer's Agent
Mike Boone
Boone Residential LLC
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Current Estimated Value
$136,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,198
Avg. Annual Appreciation
12.64%

Purchase Details

Closed on
Apr 11, 2006
Sold by
Ashley Terrace Realty Inc
Bought by
Holmes William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
6.34%
Mortgage Type
New Conventional
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
Sadek Ihab $67,700 --
Holmes William B $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes William B $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $35,000 -12.5% $48 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
11/29/2013 11/29/13 For Sale $40,000 -- $55 / 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 $907 $86,000 $20,000 $66,000
2024 $907 $74,900 $17,000 $57,900
2023 $637 $74,900 $17,000 $57,900
2022 $514 $63,400 $15,000 $48,400
2021 $457 $46,100 $12,000 $34,100
2020 $401 $46,100 $12,000 $34,100
2019 $381 $43,800 $12,000 $31,800
2018 $345 $39,600 $12,000 $27,600
2017 $267 $30,700 $10,000 $20,700
2016 $255 $29,300 $10,000 $19,300
2015 $576 $35,600 $10,000 $25,600
2014 $576 $67,700 $20,000 $47,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1329908

Central Virginia Regional MLS

APN: 788-746-5297.008