NOT LISTED FOR SALE

1316 Nelwood Dr Richmond, VA 23231

Fulton Neighborhood

Estimated Value: $469,000 - $547,000

3 Beds
4 Baths
2,656 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 1316 Nelwood Dr, Richmond, VA 23231 and is currently estimated at $502,097, approximately $189 per square foot. 1316 Nelwood Dr is a home located in Richmond City with nearby schools including Chimborazo Elementary School, Martin Luther King Jr. Middle School, and Armstrong High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Tower 3 Llc
Bought by
Collins Derrick A
Current Estimated Value
$502,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2019
Sold by
Brown Irene and Crump Clinton E
Bought by
City Of Richmond
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Collins Derrick A $410,952 Old Republic National Title
City Of Richmond -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Derrick A $368,300
Closed Collins Derrick A $367,500
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 $5,484 $457,000 $78,000 $379,000
2024 $5,196 $433,000 $71,000 $362,000
2023 $5,172 $431,000 $71,000 $360,000
2022 $576 $48,000 $48,000 $0
2021 $386 $34,000 $34,000 $0
2020 $386 $28,000 $28,000 $0
2019 $336 $28,000 $28,000 $0
2018 $336 $28,000 $28,000 $0
2017 $651 $28,000 $28,000 $0
2016 $976 $28,000 $28,000 $0
2015 $2,051 $28,000 $28,000 $0
2014 $2,051 $28,000 $28,000 $0
Source: Public Records

Map

Virginia Richmond City County Richmond 23231 Fulton

1316 Nelwood Dr, Richmond, VA

This home is located at 1316 Nelwood Dr, Richmond, VA 23231 and is currently estimated at $502,097, approximately $189 per square foot. 1316 Nelwood Dr is a home located in Richmond City with nearby schools including Chimborazo Elementary School, Martin Luther King Jr. Middle School, and Armstrong High School.

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