NOT LISTED FOR SALE

109 N Lake Ave Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $352,000 - $388,077

4 Beds
3 Baths
3,276 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $250,000 $76 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,230/month

4 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Thermal Windows
  • Hydromassage or Jetted Bathtub
  • Workshop
  • Oversized Parking

About This Home

As of December 2020

Attractive Classic Brick White Rancher w/FULL FINISHED BASEMENT, totaling overall of 3,276 sq.ft. It arrives w/freshly landscaped on a spacious 1/2 acre lot with a ton of space & storage! The freshly painted interior boasts nice tiled foyer, leading to large Family Room w/built-ins, bright light & fireplace. The large eat-in kitchen offers tiled floors/countertops, Gas & Electric cooking tops, built-in wine rack & plenty of cabinet & pantry space, w/direct access to the outside. 3 nice sized bedrooms & 2 full tiled baths, including the Primary w/ensuite bath, finish off the main level. The FULLY FINISHED BASEMENT adds a 25+ ft. 2nd family room, featuring 2nd fireplace, bar top sitting area w/natural lighting coming in. Down the hall brings the 3RD FULL BATH, 4th bedroom w/walk-in & built-ins. An additional 2 large flex rooms are perfect for gym/office(s)/workshops/etc.. The spacious laundry offers MORE storage & utility sink(s). Basement direct outside access to rear fenced-in yard w/2 detached sheds, w/power & lights, alongside the isolated party deck sitting atop a quite/peaceful yard, perfect for entertaining friends & family, w/paved parking pad offering parking for 10+ cars!!

Last Agent to Sell the Property

Joseph King

Long & Foster REALTORS License #0225213869 Listed on: 10/23/2020

Long & Foster REALTORS

Co-Listed By

Alex Glaser

Long & Foster REALTORS License #0225193449

Last Buyer's Agent

Brandon Jenkins

Real Broker LLC License #0225222104

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1971

Lot Details

  • 0.5 Acre Lot
  • Street terminates at a dead end
  • Privacy Fence
  • Back Yard Fenced
  • Zoning described as R3

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,276 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Electric Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Bay Window
  • Workshop
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Carport
  • Oversized Parking
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Schools

  • Donahoe Elementary School
  • Elko Middle School
  • Highland Springs

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater
  • High Speed Internet

Community Details

  • Beechwood Park Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 820-727-0122

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,974

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1971
  • Property Attached Yn: No
  • Lot Size Acres: 0.5003
  • Co List Office Mls Id: BNFO09
  • Co List Office Phone: 804-288-8888
  • Ownership: Individuals
  • Subdivision Name: Beechwood Park
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Tile
  • Basement: Full, Finished, Walk-Out Access
  • Appliances: Dishwasher, Exhaust Fan, Electric Cooking, Electric Water Heater, Gas Cooking, Oven, Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1638.0
  • Fireplace Features: Electric, Gas, Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Bay Window, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Jetted Tub, Pantry, Tile Countertop, Tile Counters, Wired for Data, Walk-In Closet(s), Workshop
  • Living Area: 3276.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Privacy, Fenced
  • Lot Features: Dead End
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall
  • Exterior Features: Deck, Lighting, Storage, Shed, Paved Driveway
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport, Driveway, Oversized, Paved

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Parcel Number: 820-727-0122
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1974.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Donahoe
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 3, 2020
Sold by
Burton William S and Burton Michele
Bought by
Owens Charles Elliot
Seller's Agent
Joseph King
Long & Foster REALTORS
Buyer's Agent
Brandon Jenkins
Real Broker LLC
List Price
$284,250
Sold Price
$250,000
Premium/Discount to List
-$34,250
-12.05%
Current Estimated Value
$368,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,519
Avg. Annual Appreciation
8.40%
Original Mortgage
$237,500
Outstanding Balance
$211,446
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$157,073

Purchase Details

Closed on
May 24, 2002
Sold by
Bingel Daniel E
Bought by
Burton William S and Burton Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Owens Charles Elliot $250,000 Attorney
Burton William S $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Charles Elliot $237,500
Previous Owner Burton William S $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $250,000 -12.0% $76 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $284,250 -- $87 / 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 $3,218 $339,900 $40,000 $299,900
2024 $3,218 $337,600 $40,000 $297,600
2023 $2,903 $337,600 $40,000 $297,600
2022 $2,306 $268,100 $38,500 $229,600
2021 $2,227 $224,300 $37,500 $186,800
2020 $1,974 $224,300 $37,500 $186,800
2019 $1,851 $210,300 $35,000 $175,300
2018 $1,723 $195,800 $32,000 $163,800
2017 $1,605 $182,400 $32,000 $150,400
2016 $1,522 $172,900 $32,000 $140,900
2015 $1,471 $167,100 $32,000 $135,100
2014 $1,471 $167,100 $32,000 $135,100
Source: Public Records

Agents Affiliated with this Home

  • Joseph King

    Seller's Agent in 2020

    Joseph King

    Long & Foster

    (804) 690-0718

    1 in this area

    91 Total Sales

    Joseph King
    Section Image
  • Alex Glaser

    Seller Co-Listing Agent in 2020

    Alex Glaser

    Long & Foster

    (804) 288-8888

    2 in this area

    183 Total Sales

    Alex Glaser
    Section Image
  • Brandon Jenkins

    Buyer's Agent in 2020

    Brandon Jenkins

    Real Broker LLC

    (804) 929-3459

    1 in this area

    190 Total Sales

    Brandon Jenkins
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2032427

Central Virginia Regional MLS

APN: 820-727-0122

Virginia Henrico County Richmond 23223 Fairfield

109 N Lake Ave, Richmond, VA

This home is located at 109 N Lake Ave, Richmond, VA 23223 since 23 October 2020 and is currently estimated at $368,519, approximately $112 per square foot. This property was built in 1971. 109 N Lake Ave is a home located in Henrico County with nearby schools including Donahoe Elementary School, Elko Middle School, and Highland Springs 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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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