NOT LISTED FOR SALE

701 S Laurel St Unit 701 Richmond, VA 23220

Oregon Hill Neighborhood

Estimated Value: $476,274 - $519,000

3 Beds
2 Baths
1,712 Sq Ft
1,742 Sq Ft Lot

Last Sold July 28, 2014

Last sale price $250,000 $146 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,112/month

66 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • 2-minute walk to Holly Street Playground
  • Open High School Rated A+

About This Home

As of July 2014

HUD Owned Home, For Sale “As-Is”, FHA Loans Available. Beautiful urban home in the heart of the city-- on top of Oregon Hill. Open the door to your gorgeous master bedroom and step out onto the veranda Sit drinking your morning coffee while gazing at the river. Walk half a block to a spectacular view of the city and the river.You have two reserved parking spots in back with door leading into kitchen, also plenty of parking on the street in front for guests. Your kitchen is lovely with granite countertops & cherry cabinets and open to living and dining rooms. The entire downstairs is spacious, light-filled and welcoming. You will love the ease and comfort of living in this home in Richmond's historic Oregon Hill.

Last Agent to Sell the Property

Pamela Steele

New Market Realty License #0225034719 Listed on: 04/07/2014

Last Buyer's Agent

Charlene Porrata

EXP Realty LLC License #0225212611

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,728

Year Built

  • 2006

Lot Details

  • 1,742

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 2 Levels
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number W0000162056

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,728

Year Built

2006

Lot Details

0

Listing Details

  • Restrictions: Assoc Restrictions
  • Structure: Frame
  • Price Per Finished Sq Ft: 146.03
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Drop-In Range, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet-W-W, Wood
  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Crawl Space
  • Attic: Pull Down
  • Number Of Levels: 2.00

Exterior Features

  • Porch: Balcony, Front Full
  • Exterior: Gazebo, Insulated Doors, Irrigation System, Outdoor Lighting, Public Park, Screens, Thermal Windows, Waterview
  • Roof: Asphalt, Composition, Shingled
  • Siding: Cement Lapbox
  • Water Type: River, Walk To Water, Whitewater

Garage/Parking

  • Parking: Assigned, Off Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: 2 Zoned Heat, Hot Water Coil
  • Cooling: 2 Zoned AC, Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas, Tank

Association/Amenities

  • Amenities: Association, City View, Deck, Jogging Path, Landscaping, On Bus Line, Professional Management, Street Lights, Water View
  • Management Firm: Community Partners
  • Management Phone: 804-560-4260

Fee Information

  • Fee: 138.71
  • Fee Description: Condo Association
  • Fee Includes: Comm Ar Mnt, Exterior Maintenance, Snow Removal, Trash Removal
  • Fee Period: Monthly

Schools

  • Elementary School: Clark Springs
  • Middle School: Binford
  • High School: Thomas Jefferson

Lot Info

  • Lot: 0.04
  • Parcel Number: W0000162056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2017
Sold by
Trimmer Zachary Edward S
Bought by
Trimmer Zachary Edward S and Trimmer Lisa Marie S
Current Estimated Value
$492,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$187,588
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$307,967

Purchase Details

Closed on
Nov 2, 2017
Sold by
Todd Jennifer L
Bought by
Pearson Nancy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$187,588
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$307,967

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jul 24, 2014
Sold by
Secretary Hud Of Washington Dc
Bought by
Trimmer Zachary E
Seller's Agent
Pamela Steele
New Market Realty
Buyer's Agent
Charlene Porrata
EXP Realty LLC
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$200,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Hud Of Washington Dc

Purchase Details

Closed on
Mar 31, 2009
Sold by
Ploghoft Milton
Bought by
Hill Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,638
Interest Rate
4.86%
Mortgage Type
FHA
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
Trimmer Zachary Edward S -- None Available
Pearson Nancy Elizabeth $284,950 Attorney
Trimmer Zachary E $250,000 --
Secretary Hud Of Washington Dc $294,370 --
Wells Fargo Bank Na $294,370 --
Hill Ryan J $296,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Nancy Elizabeth $221,250
Previous Owner Trimmer Zachary E $200,000
Previous Owner Hill Ryan J $290,638
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2014 07/28/14 Sold $250,000 +2.0% $146 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $245,000 -- $143 / 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 $4,728 $394,000 $90,000 $304,000
2024 $4,248 $354,000 $90,000 $264,000
2023 $4,248 $354,000 $90,000 $264,000
2022 $3,924 $327,000 $90,000 $237,000
2021 $3,732 $327,000 $90,000 $237,000
2020 $3,732 $311,000 $65,000 $246,000
2019 $3,516 $293,000 $70,000 $223,000
2018 $3,168 $264,000 $70,000 $194,000
2017 $3,060 $255,000 $70,000 $185,000
2016 $3,060 $255,000 $70,000 $185,000
2015 $1,530 $255,000 $70,000 $185,000
2014 $1,530 $255,000 $70,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1409512

Central Virginia Regional MLS

APN: W000-0162-056