5616 Lake Crest Way Richmond, VA 23227
Lakeside NeighborhoodEstimated Value: $301,734 - $339,000
3
Beds
2
Baths
1,200
Sq Ft
$267/Sq Ft
Est. Value
About This Home
This home is located at 5616 Lake Crest Way, Richmond, VA 23227 and is currently estimated at $320,184, approximately $266 per square foot. 5616 Lake Crest Way is a home located in Henrico County with nearby schools including Chamberlayne Elementary School, Brookland Middle School, and Hermitage High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 8, 2008
Sold by
Favaro Jacob D
Bought by
Hemminger Katherine
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
$75,000
Outstanding Balance
$50,420
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$269,764
Purchase Details
Closed on
Mar 22, 2002
Bought by
Blackburn Jacob D and Blackburn Carrie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,575
Interest Rate
6.91%
Mortgage Type
New Conventional
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 |
---|---|---|---|
Hemminger Katherine | $175,000 | -- | |
Blackburn Jacob D | -- | -- | |
Favaro Jacob D | $117,575 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hemminger Katherine | $75,000 | |
Previous Owner | Favaro Jacob D | $117,575 |
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 | $2,220 | $239,800 | $76,000 | $163,800 |
2024 | $2,220 | $228,300 | $70,000 | $158,300 |
2023 | $1,941 | $228,300 | $70,000 | $158,300 |
2022 | $1,727 | $203,200 | $64,000 | $139,200 |
2021 | $1,640 | $174,600 | $54,000 | $120,600 |
2020 | $1,519 | $174,600 | $54,000 | $120,600 |
2019 | $1,467 | $168,600 | $48,000 | $120,600 |
2018 | $1,437 | $165,200 | $46,000 | $119,200 |
2017 | $1,415 | $162,600 | $46,000 | $116,600 |
2016 | $1,380 | $158,600 | $46,000 | $112,600 |
2015 | $1,274 | $144,000 | $46,000 | $98,000 |
2014 | $1,274 | $146,400 | $46,000 | $100,400 |
Source: Public Records
Map
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