NOT LISTED FOR SALE

Estimated Value: $305,000 - $369,000

3 Beds
2 Baths
2,085 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $184,000 $88 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,951/month

7 Days on Market

Highlights

  • 2.55 Acre Lot
  • Wooded Lot
  • Thermal Windows
  • Deck
  • Wood Flooring
  • Rear Porch

About This Home

As of December 2022

Attentions investors! Here's an outstanding opportunity to renovate and either resell or keep as a long term investment! Nestled in the woods on a 2.5 acre Henrico County lot, this brick rancher offers over 2,000 square feet of living space and is ready for renovations! From the entry foyer, you soon encounter a spacious family room with a brick fireplace. The eat-in kitchen comes with appliances and provides ample dining space. Then there's a spacious rec room with parquet floors and rear patio access. The bedroom wing is complete with three bedrooms including a master suite complete with a walk-in closet and full master bathroom. Out back, there's a large shed, a rear deck and privacy galore! Downtown Richmond is easily accessed from this rural retreat as is Richmond International airport, shopping, dining and more. This property is being sold strictly as is and will not qualify for bank financing. Extensive crawl space work will be required (rotten wood) and an estimate/ evaluation is attached. Nonetheless, this diamond in the rough has been priced to allow for needed repairs & will be a wonderful find for whoever secures it. Comparable sales in great shape sell for MUCH more!

Last Agent to Sell the Property

Chad Seay

Seay Real Estate License #0225043676 Listed on: 11/04/2022

Last Buyer's Agent

Stella Stanley

Signature Properties License #0225233272

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1988

Lot Details

  • 2.55 Acre Lot
  • Level Lot
  • Flag Lot
  • Wooded Lot
  • Zoning described as A1

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Rear Porch

Schools

  • Ward Elementary School
  • Elko Middle School
  • Varina High School

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 848-691-7856

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,358

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Property Attached Yn: No
  • Lot Size Acres: 2.55
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate, Parquet, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Oven, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Main Level Primary, Walk-In Closet(s)
  • Living Area: 2085.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Flag Lot, Wooded, Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Drywall
  • Exterior Features: Out Building(s), Storage, Shed
  • Other Structures: Outbuilding
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Oversized

Utilities

  • Heating: Baseboard, Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Topography: Level
  • Parcel Number: 848-691-7856
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2358.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Ward
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 1999
Sold by
Foote Robert W and Foote L
Bought by
Burrows Eileen B
Current Estimated Value
$331,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,750
Outstanding Balance
$39,207
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$292,604
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burrows Eileen B $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrows Eileen B $140,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2022 12/06/22 Sold $184,000 -8.0% $88 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $199,900 -- $96 / 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 $2,592 $287,200 $56,300 $230,900
2024 $2,592 $251,500 $56,300 $195,200
2023 $2,138 $251,500 $56,300 $195,200
2022 $2,138 $277,300 $54,300 $223,000
2021 $894 $243,400 $54,300 $189,100
2020 $894 $243,400 $54,300 $189,100
2019 $894 $231,500 $54,300 $177,200
2018 $0 $223,500 $54,300 $169,200
2017 $0 $215,600 $54,300 $161,300
2016 $1,789 $205,600 $54,300 $151,300
2015 $1,719 $205,600 $54,300 $151,300
2014 $1,719 $197,600 $54,300 $143,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2230061

Central Virginia Regional MLS

APN: 848-691-7856