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$884,177Estimated home value

Beds
5
Baths
3.5
sq ft
3,372

3215 Brook Rd, Richmond, VA 23227

3215 Brook Rd

Richmond, VA 23227

  • Sold On 9/21/2024
    • Price drop $100,000↓
Motivated Seller! This Move-In ready house is looking for the right buyer that understands that a good house is never done. There are a few projects that need attention that would add value but nothing that needs to be done right away. The Owner has very realistic expectations and this house couldn't be purchased for what it will sell for. Let's make a deal soon and they will add the RING system for FREE. If you like Air BNB, the FHA has a loan that they will lend only 5% down for this Owner Occupied beauty because of the basement Efficiency Apt! Live in the Basement and rent the Main House! The main house rents for $250-$300 per night and the Studio rents for $75-$100 per night. This classic home has great flow into its large rooms. A large foyer welcomes you to enjoy original trim, charm, and plenty of character. To the right of the foyer is the front Living Room and attached Dining Room both with working gas fireplaces. There is a half bath, separate laundry room, and butler's pantry on the first floor next to the EXTRA large kitchen with gas fireplace that makes entertaining a joy. A rear, well-lit studio room off the kitchen is a wonderfully lit space for an office or play room. There are two sets of stairs leading to the basement: One to the unfinished section and the other lead to a finished studio apartment that has a full bathroom, Living Room, and Bedroom. From the kitchen, a screened in porch awaits visitors to enjoy beverages and to view bunnies in the large backyard with a shed and lots of grass and mature greenery. The second floor contains three bedrooms, a full bathroom and then a HUGE Primary bedroom at the back of the house, en-suite full bathroom and tub. Another set of stairs lead to the kitchen to make midnight snacks a breeze. A pull-down stairs to the attic allows for more storage and access to the HVAC.

Details

Property type

Single Family Residence

Est. home value

$884,177

Lot size

0.51 acres

Price per sq ft

$282

Year built

1900

Annual property taxes

$9,648

Price History

09/20/2024
CentralVirginia

CentralVirginia #2405506

Sold
$927,500
-2.37%
08/14/2024
CentralVirginia

CentralVirginia #2405506

Pending
$950,000
07/17/2024
CentralVirginia

CentralVirginia #2405506

Price change
$950,000
-9.52%

Schools & Community

Neighborhood: 

Ginter Park

Elementary school: 

Holton

Middle school: 

Henderson

High school: 

John Marshall

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

$574,483
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$299,517
Cash to seller
$574,483

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

Seller’s Loan History

Lender

First Home Mortgage Corporation

Loan start date

July 2017

Original loan amount

$350,000

Est. remaining balance

$299,517

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Baha O Kikhia

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: Off Market

Tomo last checked: 10/04/2024 at 8:00 PM

Listing updated: 09/21/2024 at 10:45 AM

Listed by: David Franke, Turnkey Real Estate Services Phone #: (804) 505-0864

MLS: CentralVirginia #2405506

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