NOT LISTED FOR SALE

510 S Oak Ave Henrico, VA 23075

Estimated Value: $307,138 - $359,000

3.96 Acres
$84,246 Price per Acre
172,328 Sq Ft Lot

Last Sold February 01, 2016

Last sale price $50,000

Est. 567% increase in value since last sale

Current estimated payment $2,026/month

3 Days on Market

Highlights

  • 3.96 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of February 2016

3.96 wooded Henrico County acres with state maintained road frontage. May be possible to subdivide! Water and sewer available at the street but no connections paid. Great opportunity for builders or investors. Great location for accessing interstates, downtown Richmond and airport. Shopping and dining close by too. Just on the outskirts of RVA!

Last Agent to Sell the Property

Chad Seay

Seay Real Estate License #0225043676 Listed on: 06/02/2015

Last Buyer's Agent

Chad Seay

Seay Real Estate License #0225043676 Listed on: 06/02/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $696

Lot Details

  • 3.96 Acre Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as R-3

Schools

  • Fair Oaks Elementary School
  • Elko Middle School
  • Highland Springs

Utilities

  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 822-720-3465

Property Details

Property Type

Land

Est. Annual Taxes

$696

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 3.9561
  • Road Surface Type: Paved
  • Ownership: Individuals
  • Subdivision Name: None
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Subdivision, Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Level, Wooded
  • Waterfront: No
  • Disclosures: Disclosure on File

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Cable Available, Natural Gas Not Available, Phone Available, Electricity Available

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Parcel Number: 822-720-3465
  • Wooded Area: 3.9
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 696.0

MLS Schools

  • Elementary School: Fair Oaks
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2017
Sold by
Libery Homes Inc A Virginia Corporation
Bought by
Banks Monica S
Current Estimated Value
$333,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,218
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jan 24, 2016
Sold by
Milby Frances Clark
Bought by
Robert D Walton Ii Construction Company
Seller's Agent
Chad Seay
Seay Real Estate
Buyer's Agent
Chad Seay
Seay Real Estate
List Price
$120,000
Sold Price
$50,000
Premium/Discount to List
-$70,000
-58.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.53%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Banks Monica S $172,390 Attorney
Robert D Walton Ii Construction Company $85,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Monica S $167,218
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2016 02/01/16 Sold $50,000 -58.3% --
06/05/2015 06/05/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $120,000 -- --
Source: Central Virginia Regional MLS

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 $2,515 $262,600 $42,000 $220,600
2024 $2,515 $259,800 $40,000 $219,800
2023 $2,234 $259,800 $40,000 $219,800
2022 $1,947 $226,400 $38,000 $188,400
2021 $1,882 $185,600 $30,000 $155,600
2020 $1,633 $185,600 $30,000 $155,600
2019 $1,545 $175,600 $30,000 $145,600
2018 $1,500 $170,400 $30,000 $140,400
2017 $264 $30,000 $30,000 $0
2016 $264 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1516379

Central Virginia Regional MLS

APN: 822-720-3570