NOT LISTED FOR SALE

505 Luther Rd Henrico, VA 23075

Estimated Value: $271,000 - $292,000

3 Beds
1 Bath
1,284 Sq Ft
$219/Sq Ft Est. Value

About This Home

This home is located at 505 Luther Rd, Henrico, VA 23075 and is currently estimated at $281,578, approximately $219 per square foot. 505 Luther Rd is a home located in Henrico County with nearby schools including Fair Oaks Elementary School, Elko Middle School, and Highland Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Murphey Judy Gail and Holland Trudy Ann
Bought by
Newcomb Jessica
Current Estimated Value
$281,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Outstanding Balance
$232,756
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$48,822
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
Newcomb Jessica $275,000 Sage Title
Newcomb Jessica $275,000 Sage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newcomb Jessica $233,750
Closed Newcomb Jessica $233,750
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 $2,208 $242,600 $42,000 $200,600
2024 $2,208 $231,400 $40,000 $191,400
2023 $1,990 $231,400 $40,000 $191,400
2022 $1,725 $200,600 $38,000 $162,600
2021 $1,460 $148,600 $25,000 $123,600
2020 $1,308 $148,600 $25,000 $123,600
2019 $1,216 $138,200 $25,000 $113,200
2018 $1,193 $135,600 $25,000 $110,600
2017 $1,045 $118,700 $25,000 $93,700
2016 $942 $107,000 $25,000 $82,000
2015 $942 $107,000 $25,000 $82,000
2014 $942 $107,000 $25,000 $82,000
Source: Public Records

Map

Virginia Henrico County Henrico 23075

505 Luther Rd, Henrico, VA

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