NOT LISTED FOR SALE

1642 W Broad St Richmond, VA 23220

Midtown Richmond Neighborhood

Estimated Value: $2,147,551

-- Bed
-- Bath
1,769 Sq Ft
$1,214/Sq Ft Est. Value

About This Home

This home is located at 1642 W Broad St, Richmond, VA 23220 and is currently estimated at $2,147,551, approximately $1,213 per square foot. 1642 W Broad St is a home located in Richmond City with nearby schools including George W. Carver Elementary School, Albert Hill Middle, and Open High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2008
Sold by
Aramin Investments
Bought by
Rehman Inc
Current Estimated Value
$2,147,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$644,276
Interest Rate
6.3%
Mortgage Type
Commercial
Estimated Equity
$1,503,275

Purchase Details

Closed on
Dec 31, 2003
Sold by
Motiva Enterprises
Bought by
Aramin Investments

Purchase Details

Closed on
Mar 29, 1999
Bought by
Motiva Enterprises Llc Delaware
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rehman Inc $990,000 --
Aramin Investments $340,000 --
Motiva Enterprises Llc Delaware $239,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rehman Inc $1,000,000
Closed Rehman Inc $100,000
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 $18,084 $1,507,000 $1,370,000 $137,000
2024 $15,348 $1,279,000 $1,142,000 $137,000
2023 $11,700 $975,000 $838,000 $137,000
2022 $11,700 $975,000 $838,000 $137,000
2021 $11,544 $965,000 $820,000 $145,000
2020 $11,544 $962,000 $820,000 $142,000
2019 $10,200 $850,000 $713,000 $137,000
2018 $8,856 $738,000 $600,000 $138,000
2017 $8,856 $738,000 $600,000 $138,000
2016 $8,856 $738,000 $600,000 $138,000
2015 $7,452 $647,000 $499,000 $148,000
2014 $7,452 $621,000 $488,000 $133,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23220 Midtown Richmond

1642 W Broad St, Richmond, VA

Not Listed for Sale

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