NOT LISTED FOR SALE

5940 Shallow Way Richmond, VA 23224

Estimated Value: $221,553 - $271,000

3 Beds
1 Bath
1,052 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $148,000 $141 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,492/month

5 Days on Market

Highlights

  • Window Unit Cooling System
  • Recessed Lighting
  • Baseboard Heating
  • Open High School Rated A+
  • Ceiling Fan
  • Dining Area

About This Home

As of December 2020

This is one of the lowest priced homes in the area. This lovely home is perfect for a first-time homebuyer or anyone eager to downsize. The living room is generously sized and offers natural lighting from the adjacent windows, a ceiling fan, crown molding, and an open flow into the dining area, which is also highlighted by beautiful crown molding. The home offers a charming galley-style kitchen with ample cabinets and counter space, recessed lighting, crown molding with decorative crown molding corner blocks, and a new kitchen window. The laundry room is at the opposite end of the kitchen and has direct access to the rear patio and yard. The rear storm door is new and the roof was replaced about five years ago. The home features three bedrooms, two of which have a ceiling fan, and the master bedroom is nicely sized. Make sure you add this home to your must-see list!

Last Agent to Sell the Property

Scott McClaine

Lifelong Realty Inc License #0225062636 Listed on: 08/29/2020

Last Buyer's Agent

Beth Johnston

Real Broker LLC License #0225240530

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 1986

Lot Details

  • 7,501 Sq Ft Lot
  • Zoning described as R-4

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Dining Area
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Schools

  • Miles Jerome Jones Elementary School
  • Lucille Brown Middle School
  • Huguenot High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Water Heater

Community Details

  • Glendale Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number C006-0892-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$696

Year Built

Built in 1986

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Property Attached Yn: No
  • Lot Size Acres: 0.1722
  • Ownership: Individuals
  • Subdivision Name: Glendale
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Recessed Lighting
  • Living Area: 1052.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Paved

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Lucille Brown

Lot Info

  • Parcel Number: C006-0892-004
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 696.0
  • Tax Lot: 2

MLS Schools

  • Elementary School: Miles Jerome Jones
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Frazier Linda D
Bought by
Knight Virginia
Current Estimated Value
$248,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,531
Interest Rate
2.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Knight Virginia $148,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Virginia $10,361
Previous Owner Knight Virginia $135,531
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $148,000 +5.7% $141 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $140,000 -- $133 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,208 $189,000 $53,000 $136,000
2024 $2,208 $184,000 $48,000 $136,000
2023 $1,944 $162,000 $40,000 $122,000
2022 $1,752 $146,000 $40,000 $106,000
2020 $696 $116,000 $25,000 $91,000
2019 $636 $106,000 $25,000 $81,000
2018 $1,200 $100,000 $25,000 $75,000
2017 $1,188 $99,000 $20,000 $79,000
2016 $1,140 $95,000 $20,000 $75,000
2015 $564 $95,000 $20,000 $75,000
2014 $564 $94,000 $20,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2026485

Central Virginia Regional MLS

APN: C006-0892-004

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