3225 W Franklin St Richmond, VA 23221
The Museum District NeighborhoodEstimated Value: $777,000 - $845,000
3
Beds
4
Baths
1,630
Sq Ft
$498/Sq Ft
Est. Value
About This Home
This home is located at 3225 W Franklin St, Richmond, VA 23221 and is currently estimated at $810,996, approximately $497 per square foot. 3225 W Franklin St 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
Mar 31, 2003
Sold by
Shearer Phillip J
Bought by
Layne Kathleen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Outstanding Balance
$89,709
Interest Rate
5.91%
Mortgage Type
New Conventional
Estimated Equity
$721,287
Purchase Details
Closed on
Jan 17, 2002
Bought by
Shearer Phillip J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 8, 1998
Sold by
Culler Rusty M and Culler Widow
Bought by
Shearer Philip J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Layne Kathleen | $258,000 | -- | |
| Shearer Phillip J | -- | -- | |
| Shearer Philip J | $108,000 | -- | |
| Shearer Philip J | $108,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shearer Philip J | $206,400 | |
| Previous Owner | Shearer Phillip J | $123,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,304 | $692,000 | $220,000 | $472,000 |
| 2024 | $7,944 | $662,000 | $215,000 | $447,000 |
| 2023 | $7,596 | $633,000 | $190,000 | $443,000 |
| 2022 | $6,660 | $555,000 | $145,000 | $410,000 |
| 2021 | $5,724 | $524,000 | $115,000 | $409,000 |
| 2020 | $5,076 | $477,000 | $100,000 | $377,000 |
| 2019 | $4,572 | $453,000 | $100,000 | $353,000 |
| 2018 | $4,008 | $406,000 | $100,000 | $306,000 |
| 2017 | $4,716 | $393,000 | $90,000 | $303,000 |
| 2016 | $3,672 | $378,000 | $85,000 | $293,000 |
| 2015 | $3,168 | $367,000 | $85,000 | $282,000 |
| 2014 | $3,168 | $336,000 | $80,000 | $256,000 |
Source: Public Records
Map
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