1208 Lorraine Ave Richmond, VA 23227
Bellevue NeighborhoodEstimated Value: $498,000 - $636,000
4
Beds
3
Baths
1,778
Sq Ft
$313/Sq Ft
Est. Value
About This Home
This home is located at 1208 Lorraine Ave, Richmond, VA 23227 and is currently estimated at $555,869, approximately $312 per square foot. 1208 Lorraine Ave is a home located in Richmond City with nearby schools including Linwood Holton Elementary School, Henderson Middle School, and John Marshall High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2023
Sold by
Mueller Jeffrey N and Mueller Sarah M
Bought by
Hurley-Brown Erin and Brown Jonathan C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Outstanding Balance
$295,197
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$237,832
Purchase Details
Closed on
Aug 18, 2020
Sold by
Rumsey Michael T and Rumsey Alison M
Bought by
Mueller Jeffrey N and Mueller Sarah M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2001
Bought by
Rumsey Micheal T and Rumsey Alison M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
7.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 21, 1997
Sold by
Hughes Donald C
Bought by
Snell Diana L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
7.42%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hurley-Brown Erin | $475,000 | First American Title Insurance | |
Mueller Jeffrey N | $378,000 | Attorney | |
Rumsey Micheal T | -- | -- | |
Snell Diana L | $117,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hurley-Brown Erin | $301,000 | |
Previous Owner | Mueller Jeffrey N | $353,000 | |
Previous Owner | Rumsey Michael T | $204,888 | |
Previous Owner | Tumsey Michael T | $210,600 | |
Previous Owner | Rumsey Michael T | $30,000 | |
Previous Owner | Rumsey Micheal T | $142,400 | |
Previous Owner | Snell Diana L | $105,300 |
Source: Public Records
Tax History Compared to Growth
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 | $5,448 | $454,000 | $105,000 | $349,000 |
2024 | $5,172 | $431,000 | $90,000 | $341,000 |
2023 | $5,172 | $431,000 | $90,000 | $341,000 |
2022 | $4,704 | $392,000 | $75,000 | $317,000 |
2021 | $3,516 | $378,000 | $68,000 | $310,000 |
2020 | $3,516 | $293,000 | $65,000 | $228,000 |
2019 | $3,360 | $280,000 | $65,000 | $215,000 |
2018 | $3,228 | $269,000 | $65,000 | $204,000 |
2017 | $3,132 | $261,000 | $60,000 | $201,000 |
2016 | $3,012 | $251,000 | $55,000 | $196,000 |
2015 | $2,880 | $244,000 | $55,000 | $189,000 |
2014 | $2,880 | $240,000 | $55,000 | $185,000 |
Source: Public Records
Map
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