NOT LISTED FOR SALE

Estimated Value: $377,000 - $502,000

2 Beds
1 Bath
924 Sq Ft
$472/Sq Ft Est. Value

Last Sold October 09, 2014

Last sale price $60,000 $65 Per Sq Ft

Est. 627% increase in value since last sale

Current estimated payment $2,736/month

About This Home

As of October 2014

Calling all Investors! Great Home in the hearth of Church Hill! This wonderful two bedroom one full bath home is updated and is the perfect real estate investment. Property currently rented to section 8 tenant with guaranteed rental income each month!The property is inspected by RRHA inspectors to meet housing quality standards, at least once every year. Priced below assessment for quick sale.

Last Agent to Sell the Property

Tyler Rackley

GO Real Estate Inc License #0225105260 Listed on: 09/15/2014

Last Buyer's Agent

Elliott Gravitt

Providence Hill Real Estate License #0225202862

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,956

Year Built

  • 1910

Lot Details

  • 1,307

Home Design

  • Composition Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number E0000527013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,956

Year Built

1910

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 64.94
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Oven
  • Flooring: Carpet-Part, Vinyl
  • Number of Rooms: 5
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Attic: No Attic
  • Number Of Levels: 2.00

Exterior Features

  • Frontage Road: 17
  • Fence: Privacy, Rear Only
  • Porch: Front
  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Parking: On Street

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Individual Window Units
  • Sewer: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Chimborazo
  • Middle School: Martin Luther King Jr.
  • High School: Armstrong

Lot Info

  • Zoning: R-63 Multi Family Urban Res.
  • Parcel Number: E0000527013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2016
Sold by
Grvi Llc A Virginia Limited Liability Co
Bought by
Gallahan Derek
Current Estimated Value
$436,023

Purchase Details

Listed on
Sep 15, 2014
Closed on
Oct 6, 2014
Sold by
Prasad Ravi
Bought by
Grvi Llc
Seller's Agent
Tyler Rackley
GO Real Estate Inc
Buyer's Agent
Elliott Gravitt
Providence Hill Real Estate
List Price
$59,950
Sold Price
$60,000
Premium/Discount to List
$50
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%

Purchase Details

Closed on
Feb 10, 1998
Sold by
Young James S
Bought by
Kamal Mohammad L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gallahan Derek -- None Available
Grvi Llc $120,000 --
Kamal Mohammad L $39,000 --
Kamal Mohammad L $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallahan Derek $179,100
Closed Gallahan Derek $172,200
Previous Owner Kamal Mohammad L $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2014 10/09/14 Sold $60,000 +0.1% $65 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $59,950 -- $65 / 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 $4,956 $413,000 $105,000 $308,000
2024 $4,752 $396,000 $100,000 $296,000
2023 $4,512 $376,000 $100,000 $276,000
2022 $3,972 $331,000 $75,000 $256,000
2021 $3,480 $298,000 $60,000 $238,000
2020 $3,480 $290,000 $60,000 $230,000
2019 $3,192 $266,000 $60,000 $206,000
2018 $2,544 $212,000 $60,000 $152,000
2017 $2,316 $193,000 $45,000 $148,000
2016 $2,040 $170,000 $40,000 $130,000
2015 $1,020 $170,000 $40,000 $130,000
2014 $1,020 $85,000 $40,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1425781

Central Virginia Regional MLS

APN: E000-0527-013