NOT LISTED FOR SALE

Estimated Value: $426,000 - $582,000

3 Beds
1 Bath
1,188 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $174,000 $146 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,842/month

25 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Bandy Field Nature Park
  • Mary Munford Elementary School Rated A-

About This Home

As of April 2014

An incredible value in the heart of West Richmond, this house sits conveniently between Three Chopt and Patterson and is the best home in area 20 under $200,000. Featuring 3 bedrooms, this house has a HUGE master with tile floors. The master includes a massive walk-in closet. The living room and two additional bedrooms have hardwood floors where the kitchen, bathroom, and master have tile floors. The kitchen contains custom tile countertops and is large and open, a rarity in this part of town. For a home built in 1950, it has all of the important upgrades to include a BRAND NEW ROOF (installed Dec. 2013) and a brand new sump pump. Walking through this clean house, you'll also notice the beautiful plantation shutters and new paint. This home is ready for Verizon Fios and Direct TV, as it contains cable and a satellite dish. Walk through the utility room (with conveying washer and dyer) to get to the spacious fenced-in backyard that is looked over by a very large back deck. You'll notice a cement slab towards the back of the yard which can be a patio or even a parking space! Listed under $160/sf, this will not last long. As the old saying goes, location location location!

Last Agent to Sell the Property

Benjamin Rogers

Hometown Realty License #0225203918 Listed on: 02/19/2014

Hometown Realty

Last Buyer's Agent

Mike Ryan

Keller Williams Realty License #0225045605

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • 7,405

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number W0210175016

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

0

Listing Details

  • Structure: Block
  • Price Per Finished Sq Ft: 146.46
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Electric Cooking, Exhaust Fan, Freezer, Microwave, Oven, Refrigerator, Satellite Dish, Smoke Alarm, Sump Pump, Washer
  • Flooring: Tile, Wood
  • Interior: 1st Floor Master Bedroom, Cable TV, Eat-In-Kitchen, Internet Ready, Pantry, Satellite Dish, Walk-In Closet
  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Frontage Road: 50
  • Fence: Rear Only
  • Porch: Deck
  • Exterior: Storm Doors
  • Roof: Composition
  • Siding: Wood

Garage/Parking

  • Parking: On Street

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard, Electric
  • Cooling: Individual Window Units
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Zoning: R-4 Single Family
  • Parcel Number: W0210175016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Apr 9, 2014
Sold by
Dunn Lee G
Bought by
Essid Joseph J
Seller's Agent
Benjamin Rogers
Hometown Realty
Buyer's Agent
Mike Ryan
Keller Williams Realty
List Price
$199,950
Sold Price
$174,000
Premium/Discount to List
-$25,950
-12.98%
Current Estimated Value
$480,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,644
Avg. Annual Appreciation
9.06%
Original Mortgage
$130,500
Outstanding Balance
$98,905
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$381,739

Purchase Details

Closed on
Mar 11, 2008
Sold by
Setchel Douglas A
Bought by
Dunn Lee G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2006
Sold by
Mullins David T
Bought by
Setchel Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,750
Interest Rate
15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 3, 1998
Bought by
Mullins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.89%
Mortgage Type
New Conventional
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
Essid Joseph J $174,000 --
Dunn Lee G $179,500 --
Setchel Douglas A $202,850 --
Mullins $72,000 --
Smr Associates A Va Corp $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Essid Joseph J $130,500
Previous Owner Dunn Lee G $179,500
Previous Owner Setchel Douglas A $50,750
Previous Owner Setchel Douglas A $152,100
Previous Owner Smr Associates A Va Corp $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $174,000 -13.0% $146 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $199,950 -- $168 / 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 $3,888 $324,000 $125,000 $199,000
2024 $3,708 $309,000 $116,000 $193,000
2023 $3,480 $290,000 $106,000 $184,000
2022 $3,180 $265,000 $106,000 $159,000
2021 $2,724 $240,000 $88,000 $152,000
2020 $2,724 $227,000 $88,000 $139,000
2019 $2,592 $216,000 $88,000 $128,000
2018 $2,364 $197,000 $70,000 $127,000
2017 $2,268 $189,000 $70,000 $119,000
2016 $2,232 $186,000 $70,000 $116,000
2015 $2,208 $184,000 $70,000 $114,000
2014 $2,208 $184,000 $70,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1404095

Central Virginia Regional MLS

APN: W021-0175-016