NOT LISTED FOR SALE

3101 Patterson Ave Richmond, VA 23221

The Museum District Neighborhood

Estimated Value: $660,437

-- Bed
-- Bath
1,584 Sq Ft
$417/Sq Ft Est. Value

About This Home

This home is located at 3101 Patterson Ave, Richmond, VA 23221 and is currently estimated at $660,437, approximately $416 per square foot. 3101 Patterson Ave is a home located in Richmond City with nearby schools including Lois-Harrison Jones Elementary School, Albert Hill Middle, and Thomas Jefferson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2016
Sold by
Ararat Land Company Inc A Virginia Corpo
Bought by
Clay Acquisitions Inc A Virginia Corpora
Current Estimated Value
$660,437

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
$237,369
Interest Rate
3.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
$423,068

Purchase Details

Closed on
Apr 18, 2011
Sold by
Shaia Harry
Bought by
Ararat Land Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
4.82%
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
Clay Acquisitions Inc A Virginia Corpora $350,000 Attorney
Ararat Land Company Inc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clay Acquisitions Inc A Virginia Corpora $297,500
Previous Owner Ararat Land Company Inc $128,250
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 $4,824 $402,000 $248,000 $154,000
2024 $4,332 $361,000 $207,000 $154,000
2023 $3,828 $319,000 $165,000 $154,000
2022 $3,780 $315,000 $165,000 $150,000
2021 $3,012 $251,000 $118,000 $133,000
2020 $3,012 $251,000 $118,000 $133,000
2019 $2,784 $232,000 $103,000 $129,000
2018 $2,496 $208,000 $88,000 $120,000
2017 $2,496 $208,000 $88,000 $120,000
2016 $2,340 $195,000 $81,000 $114,000
2015 $2,172 $186,000 $81,000 $105,000
2014 $2,172 $181,000 $81,000 $100,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23221 The Museum District

3101 Patterson Ave, Richmond, VA

Not Listed for Sale

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