NOT LISTED FOR SALE

1016 W 47th St Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $431,833 - $483,000

2 Beds
2 Baths
1,249 Sq Ft
$363/Sq Ft Est. Value

About This Home

This home is located at 1016 W 47th St, Richmond, VA 23225 and is currently estimated at $452,958, approximately $362 per square foot. 1016 W 47th St is a home located in Richmond City with nearby schools including Westover Hills Elementary School, Open High School, and Huguenot High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2024
Sold by
Richardson John Davenport and Richardson Gail Russ
Bought by
Richardson John D and Richardson Gail Russell
Current Estimated Value
$452,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Outstanding Balance
$643,101
Interest Rate
6.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$187,279

Purchase Details

Closed on
Mar 18, 2024
Sold by
Richardson John Davenport
Bought by
Richardson John Davenport and Richardson Gail Russell

Purchase Details

Closed on
Jan 2, 2002
Bought by
Richardson Ii J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Richardson John D -- None Listed On Document
Richardson John Davenport -- None Listed On Document
Richardson Ii J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson John D $671,250
Closed Richardson John D $671,250
Previous Owner Richardson Ii J $75,000
Source: Public Records

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 $4,848 $404,000 $79,000 $325,000
2024 $4,584 $382,000 $79,000 $303,000
2023 $4,296 $358,000 $79,000 $279,000
2022 $3,876 $323,000 $66,000 $257,000
2021 $3,084 $262,000 $60,000 $202,000
2020 $3,084 $257,000 $60,000 $197,000
2019 $2,832 $236,000 $60,000 $176,000
2018 $2,736 $228,000 $60,000 $168,000
2017 $2,652 $221,000 $60,000 $161,000
2016 $2,280 $190,000 $45,000 $145,000
2015 $2,184 $186,000 $45,000 $141,000
2014 $2,184 $182,000 $45,000 $137,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23225 Forest Hill

1016 W 47th St, Richmond, VA

This home is located at 1016 W 47th St, Richmond, VA 23225 and is currently estimated at $452,958, approximately $362 per square foot. 1016 W 47th St is a home located in Richmond City with nearby schools including Westover Hills Elementary School, Open High School, and Huguenot High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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