NOT LISTED FOR SALE

5840 Shallow Way Richmond, VA 23224

Midlothian-South Richmond Neighborhood

Estimated Value: $246,000 - $264,000

3 Beds
2 Baths
1,050 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 5840 Shallow Way, Richmond, VA 23224 and is currently estimated at $254,041, approximately $241 per square foot. 5840 Shallow Way is a home located in Richmond City with nearby schools including Miles Jones Elementary School, Huguenot High School, and Open High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2015
Sold by
Harris Queen M J
Bought by
Harris Rufus A and Harris Queen M
Current Estimated Value
$254,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Outstanding Balance
$28,246
Interest Rate
3.96%
Mortgage Type
Construction
Estimated Equity
$198,320
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

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
Harris Rufus A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Rufus A $36,000
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 $2,340 $195,000 $53,000 $142,000
2024 $2,280 $190,000 $48,000 $142,000
2023 $2,016 $168,000 $40,000 $128,000
2022 $1,824 $152,000 $40,000 $112,000
2021 $1,440 $121,000 $30,000 $91,000
2020 $1,440 $120,000 $25,000 $95,000
2019 $1,318 $110,000 $25,000 $85,000
2018 $1,236 $103,000 $25,000 $78,000
2017 $1,224 $102,000 $20,000 $82,000
2016 $1,176 $98,000 $20,000 $78,000
2015 $1,164 $98,000 $20,000 $78,000
2014 $1,164 $97,000 $20,000 $77,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23224 Midlothian-South Richmond

5840 Shallow Way, Richmond, VA

This home is located at 5840 Shallow Way, Richmond, VA 23224 and is currently estimated at $254,041, approximately $241 per square foot. 5840 Shallow Way is a home located in Richmond City with nearby schools including Miles Jones Elementary School, Huguenot High School, and Open High School.

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