NOT LISTED FOR SALE

628 Fayette Ave Richmond, VA 23222

Estimated Value: $246,000 - $273,038

2 Beds
1 Bath
1,136 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $214,950 $189 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,582/month

18 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Shed
  • Chain Link Fence

About This Home

As of October 2022

Welcome home to 628 Fayette Avenue! This 2 bed, 1 bath rancher is ready for its new owner. Enjoy great proximity to the city with Henrico taxes! Full of unique architectural touches such as hardwood flooring and arched openings, you'll be sure to fall in love the moment you walk inside. Upon arrival, you are greeted by refreshed landscaping and mature trees. As you enter, the mudroom offers a wonderful drop zone with plentiful storage. The spacious, open floor plan transitions seamlessly from family room to dining room to kitchen. The room to room flow is perfect for entertaining both small gatherings and large groups! Down the hall are 2 spacious bedrooms with their own closet space and a shared full bath. In the backyard, unwind after a long day on the patio nestled underneath mature trees offering wonderful shade for those warm summer days. Schedule your showing today for this adorable rancher before it's too late!

Last Agent to Sell the Property

Peter Petras

Shaheen Ruth Martin & Fonville License #0225245353 Listed on: 08/17/2022

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Alexandra Leigh

River Fox Realty LLC License #0225230807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1952

Lot Details

  • 8,377 Sq Ft Lot
  • Chain Link Fence
  • Back Yard Fenced
  • Zoning described as R3

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Gas Cooktop

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • Glen Lea Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • Fairfield Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 794-741-2448

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,220

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1952
  • Property Attached Yn: No
  • Lot Size Acres: 0.1923
  • Ownership: Individuals
  • Subdivision Name: Fairfield
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Gas Cooking, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1136.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Back Yard, Chain Link, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Storage, Shed, Paved Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Paved

Utilities

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

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 794-741-2448
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1220.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Glen Lea
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 26, 2022
Sold by
Schumm Laura E
Bought by
Schick Ryan Daniel
Seller's Agent
Peter Petras
Shaheen Ruth Martin & Fonville
Buyer's Agent
Alexandra Leigh
River Fox Realty LLC
List Price
$229,950
Sold Price
$214,950
Premium/Discount to List
-$15,000
-6.52%
Views
38
Current Estimated Value
$258,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,810
Avg. Annual Appreciation
6.19%
Original Mortgage
$177,707
Outstanding Balance
$169,076
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$86,485

Purchase Details

Listed on
Mar 16, 2020
Closed on
Mar 16, 2020
Sold by
Stella Blue Properties Llc
Bought by
Schumm Laura E
Seller's Agent
NON MLS USER MLS
NON MLS OFFICE
Buyer's Agent
David Seibert
Real Broker LLC
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.92%
Original Mortgage
$130,950
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2018
Sold by
Rodenhaver Daniel C
Bought by
Stella Blue Properties Llc

Purchase Details

Listed on
Nov 3, 2017
Closed on
Dec 4, 2017
Sold by
Parker Zachary C
Bought by
Rodenhaver Daniel C
Seller's Agent
Darren Brown
The Steele Group
Buyer's Agent
David Seibert
Real Broker LLC
List Price
$89,900
Sold Price
$84,183
Premium/Discount to List
-$5,717
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%
Original Mortgage
$63,137
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Smoot Ernestine D
Bought by
Parker Zachary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
5.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schick Ryan Daniel $214,950 Old Republic National Title
Schumm Laura E $135,000 Stewart Title Guaranty Co
Stella Blue Properties Llc -- None Available
Rodenhaver Daniel C $84,183 Bridgetrust Title Group
Parker Zachary C $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schick Ryan Daniel $177,707
Previous Owner Schumm Laura E $130,950
Previous Owner Rodenhaver Daniel C $63,137
Previous Owner Parker Zachary C $78,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $214,950 0.0% $189 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/31/2022 08/31/22 Price Changed $214,950 -6.5% $189 / Sq Ft
08/17/2022 08/17/22 For Sale $229,950 +70.3% $202 / Sq Ft
03/16/2020 03/16/20 Sold $135,000 +60.4% $120 / Sq Ft
12/14/2017 12/14/17 Sold $84,183 -6.4% $74 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $89,900 -- $79 / 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 $2,068 $226,900 $24,000 $202,900
2024 $2,068 $220,400 $24,000 $196,400
2023 $1,895 $220,400 $24,000 $196,400
2022 $1,220 $148,800 $22,000 $126,800
2021 $1,177 $93,700 $18,000 $75,700
2020 $825 $93,700 $18,000 $75,700
2019 $805 $91,500 $18,000 $73,500
2018 $788 $89,500 $16,000 $73,500
2017 $703 $79,900 $16,000 $63,900
2016 $703 $79,900 $16,000 $63,900
2015 $703 $79,900 $16,000 $63,900
2014 $703 $79,900 $16,000 $63,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2222762

Central Virginia Regional MLS

APN: 794-741-2448