NOT LISTED FOR SALE

5131 Faraday Dr Chester, VA 23831

Estimated Value: $486,000 - $512,000

5 Beds
4 Baths
3,068 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 5131 Faraday Dr, Chester, VA 23831 and is currently estimated at $498,364, approximately $162 per square foot. 5131 Faraday Dr is a home located in Chesterfield County with nearby schools including C.C. Wells Elementary School, George W. Carver Middle School, and Matoaca High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2002
Sold by
Higgins J E/Son Contr Inc
Bought by
Barot Ghanshyam C and Barot Arvinder G
Current Estimated Value
$498,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Barot Ghanshyam C $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barot Chanshyam C $237,600
Closed Barot Ghanshyam C $83,365
Closed Barot Ghanshyam C $200,000
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 $3,781 $422,000 $85,000 $337,000
2024 $3,781 $412,200 $75,000 $337,200
2023 $3,431 $377,000 $69,000 $308,000
2022 $3,367 $366,000 $66,000 $300,000
2021 $3,093 $322,900 $62,000 $260,900
2020 $2,978 $313,500 $62,000 $251,500
2019 $2,867 $301,800 $62,000 $239,800
2018 $2,801 $294,800 $62,000 $232,800
2017 $2,830 $294,800 $62,000 $232,800
2016 $2,758 $287,300 $62,000 $225,300
2015 $2,783 $287,300 $62,000 $225,300
2014 $2,845 $293,800 $62,000 $231,800
Source: Public Records

Map

Virginia Chesterfield County Chester 23831

5131 Faraday Dr, Chester, VA

This home is located at 5131 Faraday Dr, Chester, VA 23831 and is currently estimated at $498,364, approximately $162 per square foot. 5131 Faraday Dr is a home located in Chesterfield County with nearby schools including C.C. Wells Elementary School, George W. Carver Middle School, and Matoaca High School.

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