NOT LISTED FOR SALE

5732 Omo Rd Richmond, VA 23234

Estimated Value: $56,000 - $252,000

0.69 Acre
$170,341 Price per Acre
30,231 Sq Ft Lot

Last Sold September 20, 2023

Last sale price $50,000

Est. 136% increase in value since last sale

Current estimated payment $622/month

59 Days on Market

Highlights

  • 0.69 Acre Lot
  • Additional Land
  • Level Lot
  • Wooded Lot

About This Lot

As of September 2023

0.694 acre lot with 100 feet of road frontage on Omo Rd. Perfect opportunity to build your next home or buy as an investment in the fast growing and appreciating Chesterfield county. The lot is 100 feet wide and 300 feet deep. There are two more lots available for sale separately on the same street. Zoned Residential - R7.

Last Agent to Sell the Property

James Nay

River City Elite Properties - Real Broker License #0225221595 Listed on: 05/11/2023

Last Buyer's Agent

Brandon Allen

River City Elite Properties - Real Broker License #0225255342

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23

Lot Details

  • 0.69 Acre Lot
  • Level Lot
  • Wooded Lot
  • Additional Land
  • Zoning described as R7

Schools

  • Hopkins Elementary School
  • Falling Creek Middle School
  • Meadowbrook High School

Utilities

  • Well Required
  • Sewer Not Available

Community Details

  • Ampthill Gardens Subdivision

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 772-68-18-33-600-000

Property Details

Property Type

Land

Est. Annual Taxes

$23

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.694
  • Ownership: Individuals
  • Subdivision Name: Ampthill Gardens
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Additional Land Available, Level, Wooded
  • Waterfront: No

Utilities

  • Sewer: None
  • Water Source: Well Needed
  • Utilities: Fiber Optic Available, Natural Gas Not Available, Electricity Available, Sewer Not Available

Schools

  • Middle Or Junior School: Falling Creek

Lot Info

  • Parcel Number: 772-68-18-33-600-000
  • Wooded Area: 0.6
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 24.0
  • Tax Lot: 58

MLS Schools

  • Elementary School: Hopkins
  • High School: Meadowbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Sep 20, 2023
Sold by
Sprouse Katherine A
Bought by
Thornton Philip R
Seller's Agent
James Nay
River City Elite Properties - Real Broker
Buyer's Agent
Brandon Allen
River City Elite Properties - Real Broker
List Price
$50,000
Sold Price
$50,000
Views
296
Current Estimated Value
$118,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,217
Avg. Annual Appreciation
52.47%
Original Mortgage
$37,500
Outstanding Balance
$36,705
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$81,512
Source: Public Records

Range of Values:

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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
Thornton Philip R $50,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Philip R $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $50,000 0.0% --
07/10/2023 07/10/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $50,000 0.0% --
05/17/2023 05/17/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $50,000 -- --
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 $23 $2,600 $2,600 $0
2024 $23 $2,600 $2,600 $0
2023 $24 $2,600 $2,600 $0
2022 $24 $2,600 $2,600 $0
2021 $25 $2,600 $2,600 $0
2020 $25 $2,600 $2,600 $0
2019 $25 $2,600 $2,600 $0
2018 $25 $2,600 $2,600 $0
2017 $25 $2,600 $2,600 $0
2016 $25 $2,600 $2,600 $0
2015 $25 $2,600 $2,600 $0
2014 $25 $2,600 $2,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2311450

Central Virginia Regional MLS

APN: 772-68-18-33-600-000