NOT LISTED FOR SALE

311 Oak Ln Richmond, VA 23226

Westhampton Neighborhood

Estimated Value: $1,847,000 - $2,622,000

5 Beds
5 Baths
3,915 Sq Ft
$536/Sq Ft Est. Value

About This Home

This home is located at 311 Oak Ln, Richmond, VA 23226 and is currently estimated at $2,099,696, approximately $536 per square foot. 311 Oak Ln is a home located in Richmond City with nearby schools including Mary Munford Elementary School, Albert Hill Middle, and Thomas Jefferson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2013
Sold by
Nimmo Ian A
Bought by
Erwin Michael B
Current Estimated Value
$2,099,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Outstanding Balance
$550,429
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,749,925
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

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
Erwin Michael B $905,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erwin Michael B $250,000
Open Erwin Michael B $724,000
Previous Owner Nimmo Ian A $250,000
Previous Owner Nimmo Ian A $398,000
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 $18,192 $1,516,000 $420,000 $1,096,000
2024 $17,112 $1,426,000 $420,000 $1,006,000
2023 $15,864 $1,322,000 $420,000 $902,000
2022 $14,076 $1,173,000 $370,000 $803,000
2021 $13,032 $1,133,000 $335,000 $798,000
2020 $13,032 $1,086,000 $310,000 $776,000
2019 $12,396 $1,033,000 $310,000 $723,000
2018 $12,060 $1,005,000 $310,000 $695,000
2017 $11,808 $984,000 $310,000 $674,000
2016 $11,604 $967,000 $310,000 $657,000
2015 $11,232 $903,000 $310,000 $593,000
2014 $11,232 $936,000 $310,000 $626,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23226 Westhampton

311 Oak Ln, Richmond, VA

This home is located at 311 Oak Ln, Richmond, VA 23226 and is currently estimated at $2,099,696, approximately $536 per square foot. 311 Oak Ln is a home located in Richmond City with nearby schools including Mary Munford Elementary School, Albert Hill Middle, and Thomas Jefferson High School.

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