tomo logo

$230,000

Beds
3
Baths
1.0
sq ft
1,040

1625 Mechanicsville Tpke, Richmond, VA 23223

1625 Mechanicsville Tpke

Richmond, VA 23223

  • 96 days on market
Welcome to 1625 Mechanicsville Turnpike. This home is essentially new!! Roof, HVAC, windows, electric and plumbing were all updated in 2021. Cute home perfect for a first time homebuyer or a great investment opportunity! Kitchen has been updated and there is ample cabinet space with granite countertops and tile backsplash! There is stainless steel appliances including refrigerator that has an ice maker, microwave, dishwasher and smooth top range. All major systems are newer (less than 3 years old) this includes the roof, HVAC, newer water heater, new windows, and newer electrical and newer plumbing. This should give you peace of mind! The backyard has a screened in porch and spacious backyard with privacy fence. There is also parking available in the back.

Details

Property type

Single Family Residence

Est. home value

$226,877

Lot size

4,687 sq ft

Price per sq ft

$222

Year built

1925

Annual property taxes

$2,676

Price History

10/21/2024
CentralVirginia

CentralVirginia #2421598

Listed
$230,000
09/15/2024
CentralVirginia

CentralVirginia #2421598

Removed
$230,000
08/17/2024
CentralVirginia

CentralVirginia #2421598

Listed
$230,000
+28.13%

Schools & Community

Neighborhood: 

Eastview

Elementary school: 

Fairfield

Middle school: 

Martin Luther King Jr.

High school: 

Armstrong

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

$60,736
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$150,864
Cash to seller
$60,736

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

Seller’s Loan History

Lender

C&F Mortgage Corporation

Loan start date

July 2021

Original loan amount

$161,550

Est. remaining balance

$150,864

Interest rate

3.38%

Loan type

New Conventional, 30 year

Seller

Wayne D Faust

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?

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1609 N 25th St, Richmond, VA 23223

Status: Active

Tomo last checked: 11/22/2024 at 3:05 AM

Listing updated: 11/11/2024 at 11:40 AM

Listed by: Amy Lindsay, EXP Realty LLC Phone #: (804) 729-5188

MLS: CentralVirginia #2421598

CentralVirginia logo

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