$165,000
SOLD SEP 10, 2024

7 Raines Ave Sandston, VA 23150

3 Beds
1 Bath
1,037 Sq Ft
8,337 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Recessed Lighting
  • Separate Formal Living Room
  • Front Porch
  • French Doors

About This Home

As of December 2024

Here you go, investors! Here's a project that will pay off handsomely! Located in Sandston, and just off of its historic corridor, this Henrico County rancher is ready for its next chapter. A concrete sidewalk and off street parking are noticed upon arrival and lead to a covered front porch and a perfect place to enjoy pleasant weather. Step into the expansive living room an imagine the potential! Hardwood floors and recessed lights are here and hardwoods are found in most of the home including the dining room which has chair railing and easy kitchen access. All kitchen appliances stay and the granite countertops are an upgrade of recent years. There's a sun/ sitting room separated from the living room by French doors that could become bedroom #3 or a fantastic office space. There are two more bedrooms, a full bath and an enclosed back porch with washer and dryer hookups. With easy access to downtown Richmond, Richmond International Airport, and plenty of shopping, dining, banking and more, here is one you can renovate to re-sell or hold and enjoy good demand for the finished product. Sold strictly "as is" and cash buyers are preferred. Will not qualify for most forms of financing. Priced to allow for needed improvement. A great opportunity!

Last Agent to Sell the Property

Chad Seay

Seay Real Estate License #0225043676 Listed on: 08/21/2024

Last Buyer's Agent

Cathy Heleniak

The Kerzanet Group LLC License #0225266689

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1918

Lot Details

  • 8,337 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R3

Home Design

  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,037 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Separate Formal Living Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • <<OvenToken>>
  • Electric Cooktop
  • Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Seven Pines Elementary School
  • Elko Middle School
  • Varina High School

Utilities

  • No Cooling
  • Heat Pump System
  • Water Heater

Community Details

  • Sandston Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 827-715-9649

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,382

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1918
  • Property Attached Yn: No
  • Lot Size Acres: 0.1914
  • Ownership: Individuals
  • Subdivision Name: Sandston
  • Above Grade Finished Sq Ft: 1037.0
  • 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: Ceramic Tile, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Oven, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Granite Counters, Kitchen Island, Main Level Primary, Recessed Lighting
  • Living Area: 1037.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Aluminum Siding, Frame
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Parcel Number: 827-715-9649
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1381.86
  • Tax Lot: 10

MLS Schools

  • Elementary School: Seven Pines
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 17, 2024
Sold by
Pineda Brothers Llc
Bought by
Moore Bruce and Moore Alejandrina
Seller's Agent
Cathy Heleniak
The Kerzanet Group LLC
Buyer's Agent
Jessica Cooper
KW Metro Center
List Price
$275,000
Sold Price
$275,000
Views
68
Current Estimated Value
$266,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,689
Avg. Annual Appreciation
-6.76%
Original Mortgage
$132,000
Outstanding Balance
$131,430
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$132,629

Purchase Details

Listed on
Aug 21, 2024
Closed on
Sep 4, 2024
Sold by
Armstrong Pamela and Turner Mary Anne
Bought by
Pineda Brothers Llc
Seller's Agent
Chad Seay
Seay Real Estate
Buyer's Agent
Cathy Heleniak
The Kerzanet Group LLC
List Price
$165,000
Sold Price
$165,000
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
519.89%

Purchase Details

Closed on
Jul 21, 1998
Sold by
Rickman Beulah S
Bought by
Davis W L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $275,000 None Listed On Document
Bargain Sale Deed $165,000 First American Title
Warranty Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $275,000 0.0% $265 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $275,000 +66.7% $265 / Sq Ft
09/10/2024 09/10/24 Sold $165,000 0.0% $159 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $165,000 -- $159 / 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 $2,145 $162,000 $38,000 $124,000
2024 $2,145 $148,300 $36,000 $112,300
2023 $1,265 $148,300 $36,000 $112,300
2022 $1,004 $123,500 $34,000 $89,500
2021 $937 $102,400 $30,000 $72,400
2020 $894 $102,400 $30,000 $72,400
2019 $854 $97,800 $27,000 $70,800
2018 $797 $91,300 $27,000 $64,300
2017 $740 $84,800 $27,000 $57,800
2016 $718 $82,300 $27,000 $55,300
2015 $706 $82,300 $27,000 $55,300
2014 $706 $80,900 $27,000 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2421961

Central Virginia Regional MLS

APN: 827-715-9649