NOT LISTED FOR SALE

1408 Commerce Rd Richmond, VA 23224

Estimated Value: $1,010,566

-- Bed
-- Bath
4,583 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 1408 Commerce Rd, Richmond, VA 23224 and is currently estimated at $1,010,566, approximately $220 per square foot. 1408 Commerce Rd is a home located in Richmond City with nearby schools including Blackwell Elementary School, Open High School, and Armstrong High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2012
Sold by
The Clovelly Corporation
Bought by
Allen Thomas N
Current Estimated Value
$1,010,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Outstanding Balance
$209,888
Interest Rate
3.99%
Mortgage Type
Construction
Estimated Equity
$770,648
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Allen Thomas N $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Thomas N $297,500
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 $6,504 $542,000 $270,000 $272,000
2024 $5,856 $488,000 $216,000 $272,000
2023 $5,220 $435,000 $134,000 $301,000
2022 $5,076 $423,000 $122,000 $301,000
2021 $4,884 $407,000 $116,000 $291,000
2020 $4,884 $407,000 $116,000 $291,000
2019 $4,404 $367,000 $110,000 $257,000
2018 $3,900 $325,000 $77,000 $248,000
2017 $3,900 $325,000 $77,000 $248,000
2016 $3,900 $325,000 $77,000 $248,000
2015 $3,900 $325,000 $85,000 $240,000
2014 $3,900 $325,000 $85,000 $240,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23224

1408 Commerce Rd, Richmond, VA

This home is located at 1408 Commerce Rd, Richmond, VA 23224 and is currently estimated at $1,010,566, approximately $220 per square foot. 1408 Commerce Rd is a home located in Richmond City with nearby schools including Blackwell Elementary School, Open High School, and Armstrong High School.

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