NOT LISTED FOR SALE

5618 Crenshaw Rd Unit 824 Richmond, VA 23227

Chamberlayne Neighborhood

Estimated Value: $101,000 - $169,000

1 Bed
1 Bath
730 Sq Ft
$175/mo HOA Fee

Last Sold January 14, 2022

Last sale price $80,000 $110 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $956/month

99 Days on Market

Highlights

  • Outdoor Pool
  • Granite Countertops
  • Porch
  • 2,735 Acre Lot
  • Balcony
  • Walk-In Closet

About This Home

As of January 2022

Investor Ready!!! Excellent seven year tenant desires to stay in his large one bedroom condo. But if you are looking for your own home that is not a problem because his tenant rights are month to month. Being on the middle level, the unit has easy access. Crown molding, oak cabinets, granite counters and stainless steel appliances are a plus. Oversized balcony provides wonderful outdoor opportunities. Storage unit and new Laundry in basement. CHOICE PLUS Home Warranty offered to purchaser(s). Noteworthy however is the quick access to 95, 295, and 64 plus a bus stop around the corner!

Last Agent to Sell the Property

Patrick McCrerey

Pick Patrick Realty License #0225040785 Listed on: 08/10/2021

Last Buyer's Agent

Jessica Eaton

EXP Realty LLC License #0225238042

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $457

Year Built

  • Built in 1963

Lot Details

  • Back Yard Fenced

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 730 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Carpet

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Shed
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0.27
  • Assessor Parcel Number 788-746-5297.062

Community Details

Overview

  • Ashley Terrace Condo Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$457

Year Built

Built in 1963

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1963
  • Property Attached Yn: Yes
  • Lot Size Acres: 2735.0
  • Ownership: Individuals
  • Subdivision Name: Ashley Terrace Condo
  • Architectural Style: Low Rise
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Basement: Full, Storage Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooking, Microwave, Refrigerator, Stove
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Dining Area, Granite Counters, Cable TV, Walk-In Closet(s)
  • Living Area: 730.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Chain Link, Fenced
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall, Frame
  • Exterior Features: Porch, Storage, Shed
  • Patio And Porch Features: Balcony, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Heating: Electric, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association, Pool
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Snow Removal, Trash

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 788-746-5297.062
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 457.0
  • Tax Lot: 0.27

MLS Schools

  • Elementary School: Laburnum
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Jan 4, 2022
Sold by
Sties Joan M
Bought by
Griffin Lamar E
Seller's Agent
Patrick McCrerey
Pick Patrick Realty
Buyer's Agent
Jessica Eaton
EXP Realty LLC
List Price
$81,900
Sold Price
$80,000
Premium/Discount to List
-$1,900
-2.32%
Current Estimated Value
$132,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,391
Avg. Annual Appreciation
13.05%
Original Mortgage
$60,000
Outstanding Balance
$55,595
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$70,058

Purchase Details

Closed on
Jul 12, 2007
Sold by
Ashley Terrace Realty
Bought by
Sties Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.54%
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
Griffin Lamar E $80,000 Fidelity National Title
Sties Joan M $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Lamar E $60,000
Previous Owner Sties Joan M $60,800
Previous Owner Sties Joan M $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $80,000 -2.3% $110 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $81,900 +2.4% $112 / Sq Ft
08/31/2021 08/31/21 Off Market $80,000 -- --
08/10/2021 08/10/21 For Sale $80,900 -- $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 $979 $93,700 $20,000 $73,700
2024 $979 $81,600 $17,000 $64,600
2023 $694 $81,600 $17,000 $64,600
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 $589 $35,600 $10,000 $25,600
2014 $589 $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: 2124578

Central Virginia Regional MLS

APN: 788-746-5297.062