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$399,950

Beds
3
Baths
1.0
sq ft
3,356

1003 W 42nd St, Richmond, VA 23225

1003 W 42nd St

, VA 23225

  • <1 day on market
Southside charmer! Great walkability to Forest Hill Park, Laura Lee's, Crossroads Coffee & Ice Cream, Little Nickle, and more. You are greeted by gleaming hardwood floors, and a simple floor plan. The open living and dining rooms flow through the kitchen to the back door to the rear deck. Three bedrooms and a full hall bathroom are beyond the living room on the other side. Enjoy the sunroom with chalkboard paint, the covered back porch overlooking the private rear yard, the expansive basement, and the floored walk-up attic. All the big stuff has been done for you: newer roof, and HVAC systems. Don't miss this one.

Details

Property type

Single Family Residence

Est. home value

$403,005

Lot size

8,102 sq ft

Price per sq ft

$120

Year built

1952

Annual property taxes

$4,212

Price History

02/26/2025
CentralVirginia

CentralVirginia #2504420

Listed
$399,950
+73.93%
08/03/2015
CentralVirginia

CentralVirginia #1513591

Sold
$229,950

Schools & Community

Neighborhood: 

Forest Hill Terrace

Elementary school: 

Westover Hills

Middle school: 

Lucille Brown

High school: 

Richmond High School for the Arts

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$317,222
Asking price
$399,950
Closing costs (~8% of asking)
-$31,996
Est. remaining loan balance
-$50,732
Cash to seller
$317,222

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2013

Original loan amount

$191,900

Est. remaining balance

$50,732

Interest rate

3.13%

Loan type

New Conventional, 15 year

Seller

Samuel Peterson and Margaret Hamel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/27/2025 at 2:00 AM

Listing updated: 02/26/2025 at 9:50 PM

Listed by: Ellie Boyd, Long & Foster REALTORS Phone #: (804) 288-8888

MLS: CentralVirginia #2504420

CentralVirginia logo

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