NOT LISTED FOR SALE

3017 Vernon Rd Richmond, VA 23228

Lakeside Neighborhood

Estimated Value: $3,763,065

-- Bed
-- Bath
33,061 Sq Ft
$114/Sq Ft Est. Value

About This Home

This home is located at 3017 Vernon Rd, Richmond, VA 23228 and is currently estimated at $3,763,065, approximately $113 per square foot. 3017 Vernon Rd is a home located in Henrico County with nearby schools including Elizabeth Holladay Elementary School, George H. Moody Middle School, and Hermitage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Hutchison Richard L and Hutchison Anita L
Bought by
Jtm Real Property Iv Llc
Current Estimated Value
$3,763,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,741,543
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,021,522

Purchase Details

Closed on
Feb 22, 2021
Sold by
3017 Vernon Road Llc
Bought by
Hutchison Richard L and Hutchison Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 29, 2002
Sold by
Vernon Road Ptshp
Bought by
Hokie Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
6.88%
Mortgage Type
Commercial
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
Jtm Real Property Iv Llc $3,000,000 First American Title
Hutchison Richard L $2,100,000 Attorney
Hokie Associates Llc $1,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jtm Real Property Iv Llc $1,800,000
Previous Owner Hutchison Richard L $1,785,000
Previous Owner Hokie Associates Llc $1,075,000
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 $16,306 $1,922,100 $228,000 $1,694,100
2024 $16,306 $1,848,600 $228,000 $1,620,600
2023 $15,713 $1,848,600 $228,000 $1,620,600
2022 $14,566 $1,713,700 $228,000 $1,485,700
2021 $13,117 $1,488,400 $228,000 $1,260,400
2020 $12,949 $1,488,400 $228,000 $1,260,400
2019 $12,812 $1,472,600 $228,000 $1,244,600
2018 $12,813 $1,472,700 $228,000 $1,244,700
2017 $12,900 $1,482,800 $228,000 $1,254,800
2016 $12,748 $1,465,300 $228,000 $1,237,300
2015 $12,693 $1,454,900 $228,000 $1,226,900
2014 $12,693 $1,459,000 $228,000 $1,231,000
Source: Public Records

Map

Virginia Henrico County Richmond 23228 Lakeside

3017 Vernon Rd, Richmond, VA

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