601 Somerset Ave Richmond, VA 23226
Three Chopt NeighborhoodEstimated Value: $1,110,159 - $1,414,000
3
Beds
3
Baths
2,437
Sq Ft
$493/Sq Ft
Est. Value
About This Home
This home is located at 601 Somerset Ave, Richmond, VA 23226 and is currently estimated at $1,202,540, approximately $493 per square foot. 601 Somerset Ave is a home located in Richmond City with nearby schools including Mary Munford Elementary School, Albert Hill Middle, and Thomas Jefferson High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 26, 2009
Sold by
Davis Craig B
Bought by
Degnan Daniel
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
$394,000
Interest Rate
4.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2002
Sold by
Myers Keith Warren
Bought by
Davis Craig B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 1996
Sold by
Stone Franklin B
Bought by
Myers Keith W and Myers Colleen O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.89%
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 |
---|---|---|---|
Degnan Daniel | $494,000 | -- | |
Davis Craig B | $265,000 | -- | |
Myers Keith W | $124,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Degnan Kathlyn Brett | $294,000 | |
Closed | Degnan Daniel | $394,000 | |
Previous Owner | Davis Craig B | $185,000 | |
Previous Owner | Davis Craig B | $212,000 | |
Previous Owner | Myers Keith W | $93,000 |
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 | $9,936 | $828,000 | $210,000 | $618,000 |
2024 | $9,408 | $784,000 | $190,000 | $594,000 |
2023 | $8,928 | $744,000 | $174,000 | $570,000 |
2022 | $8,172 | $681,000 | $145,000 | $536,000 |
2021 | $7,452 | $652,000 | $145,000 | $507,000 |
2020 | $7,452 | $621,000 | $110,000 | $511,000 |
2019 | $7,116 | $593,000 | $110,000 | $483,000 |
2018 | $6,840 | $570,000 | $110,000 | $460,000 |
2017 | $6,648 | $554,000 | $98,000 | $456,000 |
2016 | $6,420 | $535,000 | $98,000 | $437,000 |
2015 | $5,664 | $525,000 | $98,000 | $427,000 |
2014 | $5,664 | $472,000 | $87,000 | $385,000 |
Source: Public Records
Map
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