603 Elmfield Dr Richmond, VA 23227
Chamberlayne Neighborhood
3
Beds
1.5
Baths
1,583
Sq Ft
0.27
Acres
Highlights
- 1 Fireplace
- Central Air
- Heat Pump System
- Sliding Doors
- Carpet
About This Home
As of April 2025**SELLER FINANCING AVAILABLE** WHAT A DEAL!! Welcome to this charming handyman special in Henrico County. Offering (1,583) square feet with 3 spacious bedrooms,1 full bathroom, and 1 half bath.. Additionally, it features a spacious enclosed yard. This property is being sold as-is, presenting a unique opportunity for customization. Although this is not an REO property, it does need repairs, and some TLC. This is a perfect opportunity to remodel to your taste and make it the perfect home for you to move into. For investors, this home will make a great investment property and should cash flow very well while building wealth or rehab for a quick profit. Similar updated houses in the area sell for $300K+. Don’t miss this chance to transform it into your ideal home or investment. Schedule a showing today to explore its potential.
Last Agent to Sell the Property
The Hogan Group Real Estate Brokerage Email: info@hogangrp.com License #0225093823 Listed on: 09/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,595
Year Built
- Built in 1981
Lot Details
- 0.27 Acre Lot
- Zoning described as R5
Home Design
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,583 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Sliding Doors
- Carpet
- Walk-Out Basement
- Washer and Dryer Hookup
Kitchen
- Oven
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Laburnum Elementary School
- Moody Middle School
- Henrico High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
Community Details
- Village Of Azalea Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 789-746-7517
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
Apr 9, 2025
Sold by
Hanna Fadi and Hanna Monir Victor
Bought by
Hedgespeth Keith L
Seller's Agent
Gergis Hanna
A Plus Realty and Associates Inc
Buyer's Agent
Lindsay Miller
Engel & Volkers Richmond
List Price
$359,950
Sold Price
$350,000
Premium/Discount to List
-$9,950
-2.76%
Views
2363
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
-$12,180
Avg. Annual Appreciation
-12.29%
Original Mortgage
$315,000
Outstanding Balance
$314,722
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$23,098
Purchase Details
Listed on
Sep 27, 2024
Closed on
Oct 15, 2024
Sold by
Rva Dreams Big Business Trust and 603 Elmfield Drive Series
Bought by
Hanna Fadi and Abdelsayed Ihab
Seller's Agent
Mike Hogan
The Hogan Group Real Estate
Buyer's Agent
Gergis Hanna
A Plus Realty and Associates Inc
List Price
$184,900
Sold Price
$190,000
Premium/Discount to List
$5,100
2.76%
Views
119
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
247.90%
Purchase Details
Closed on
Aug 7, 2024
Sold by
Sherd Hervey E and Sherd Janet N
Bought by
603 Elmfield Drive Series
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 |
|---|---|---|---|
| Bargain Sale Deed | $350,000 | First American Title | |
| Bargain Sale Deed | $350,000 | First American Title | |
| Bargain Sale Deed | $190,000 | Fidelity National Title | |
| Bargain Sale Deed | $140,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Closed | $315,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $350,000 | -2.8% | $221 / Sq Ft |
| 03/27/2025 03/27/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | For Sale | $359,950 | +89.4% | $227 / Sq Ft |
| 10/18/2024 10/18/24 | Sold | $190,000 | +2.8% | $120 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 09/27/2024 09/27/24 | For Sale | $184,900 | -- | $117 / 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 | $1,714 | $187,600 | $39,000 | $148,600 |
| 2024 | $1,714 | $173,000 | $37,000 | $136,000 |
| 2023 | $1,471 | $173,000 | $37,000 | $136,000 |
| 2022 | $1,304 | $153,400 | $34,000 | $119,400 |
| 2021 | $1,180 | $131,700 | $30,000 | $101,700 |
| 2020 | $1,146 | $131,700 | $30,000 | $101,700 |
| 2019 | $1,115 | $128,200 | $30,000 | $98,200 |
| 2018 | $1,058 | $121,600 | $28,000 | $93,600 |
| 2017 | $950 | $109,200 | $26,000 | $83,200 |
| 2016 | $940 | $108,000 | $26,000 | $82,000 |
| 2015 | $926 | $108,000 | $26,000 | $82,000 |
| 2014 | $926 | $106,400 | $26,000 | $80,400 |
Source: Public Records
Agents Affiliated with this Home
-
Gergis Hanna
Seller's Agent in 2025
Gergis Hanna
A Plus Realty and Associates Inc
(804) 740-0002
2 in this area
30 Total Sales
-
Lindsay Miller
Buyer's Agent in 2025
Lindsay Miller
Engel & Volkers Richmond
(757) 775-7303
1 in this area
5 Total Sales
-
Mike Hogan
Seller's Agent in 2024
Mike Hogan
The Hogan Group Real Estate
(804) 655-0751
13 in this area
1,004 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2425530
APN: 789-746-7517
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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