NOT LISTED FOR SALE

316 W Broad St Richmond, VA 23220

Jackson Ward Neighborhood

Estimated Value: $988,118

-- Bed
-- Bath
2,526 Sq Ft
$391/Sq Ft Est. Value

About This Home

This home is located at 316 W Broad St, Richmond, VA 23220 and is currently estimated at $988,118, approximately $391 per square foot. 316 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
Aug 25, 2023
Sold by
Jmrc Llc
Bought by
316 Broad Fee Llc
Current Estimated Value
$988,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Outstanding Balance
$120,238
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
$834,467

Purchase Details

Closed on
Oct 17, 2003
Sold by
Thorsen James B
Bought by
J M R C Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6.43%
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

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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
316 Broad Fee Llc $895,000 None Listed On Document
James Montgomery Investments Llc -- None Listed On Document
J M R C Llc $377,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 316 Broad Fee Llc $457,500
Previous Owner Jmrc Llc $75,000
Previous Owner J M R C Llc $302,000
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 $11,964 $997,000 $793,000 $204,000
2024 $10,380 $865,000 $661,000 $204,000
2023 $7,764 $647,000 $443,000 $204,000
2022 $7,764 $647,000 $443,000 $204,000
2021 $7,950 $636,000 $459,000 $177,000
2020 $7,950 $636,000 $459,000 $177,000
2019 $7,113 $569,000 $399,000 $170,000
2018 $6,738 $539,000 $385,000 $154,000
2017 $6,250 $500,000 $350,000 $150,000
2016 $6,250 $500,000 $350,000 $150,000
2015 $6,025 $482,000 $350,000 $132,000
2014 $6,025 $482,000 $297,000 $185,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23220 Jackson Ward

316 W Broad St, Richmond, VA

This home is located at 316 W Broad St, Richmond, VA 23220 and is currently estimated at $988,118, approximately $391 per square foot. 316 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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