NOT LISTED FOR SALE

4940 Cedar Summit Rd Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $354,000 - $422,000

3 Beds
2 Baths
1,640 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 4940 Cedar Summit Rd, Richmond, VA 23223 and is currently estimated at $380,812, approximately $232 per square foot. 4940 Cedar Summit Rd is a home located in Henrico County with nearby schools including Arthur Ashe Jr. Elementary School, Fairfield Middle School, and Highland Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2011
Sold by
Legault Homes Llc
Bought by
Gipson Michael C
Current Estimated Value
$373,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,884
Interest Rate
4.5%
Mortgage Type
FHA
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
Gipson Michael C $206,110 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gipson Michael C $200,884
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 $2,616 $305,100 $58,000 $247,100
2024 $2,616 $305,100 $58,000 $247,100
2023 $2,593 $305,100 $58,000 $247,100
2022 $2,133 $250,900 $55,000 $195,900
2021 $2,040 $228,700 $48,000 $180,700
2020 $1,990 $228,700 $48,000 $180,700
2019 $1,957 $224,900 $48,000 $176,900
2018 $1,907 $219,200 $48,000 $171,200
2017 $1,812 $208,300 $45,000 $163,300
2016 $1,762 $202,500 $45,000 $157,500
2015 $1,762 $202,500 $45,000 $157,500
2014 $1,762 $202,500 $45,000 $157,500
Source: Public Records

Map

Virginia Henrico County Richmond 23223 Fairfield

4940 Cedar Summit Rd, Richmond, VA

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