701 Old Locke Ln Richmond, VA 23226
Wilton NeighborhoodEstimated Value: $3,586,101 - $3,843,000
5
Beds
8
Baths
11,000
Sq Ft
$335/Sq Ft
Est. Value
About This Home
This home is located at 701 Old Locke Ln, Richmond, VA 23226 and is currently estimated at $3,680,034, approximately $334 per square foot. 701 Old Locke Ln 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
Sep 6, 2018
Sold by
Schroeder Louis Clifford and Schroeder Alice Boggs
Bought by
Old Locke Llc
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
$2,469,000
Outstanding Balance
$2,175,047
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,382,406
Purchase Details
Closed on
Jun 29, 2011
Sold by
Wells Fargo Bank Na
Bought by
Schroeder Louis C
Purchase Details
Closed on
May 16, 2008
Sold by
Brannan W Scott
Bought by
Wachovia Bank
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Old Locke Llc | $2,500,000 | Attorney | |
| Schroeder Louis C | $1,650,000 | -- | |
| Wachovia Bank | $3,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Old Locke Llc | $2,469,000 | |
| Previous Owner | Schroeder Louis C | $1,401,900 | |
| Previous Owner | Schroeder Louis Clifford | $300,000 | |
| Previous Owner | Schroeder Louis | $1,357,400 | |
| Previous Owner | Schroeder Louis C | $100,000 | |
| Previous Owner | Schroeder Louis | $1,360,000 |
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 | $33,252 | $2,771,000 | $600,000 | $2,171,000 |
| 2024 | $30,348 | $2,529,000 | $525,000 | $2,004,000 |
| 2023 | $28,788 | $2,399,000 | $490,000 | $1,909,000 |
| 2022 | $26,904 | $2,242,000 | $490,000 | $1,752,000 |
| 2021 | $23,832 | $2,120,000 | $490,000 | $1,630,000 |
| 2020 | $23,832 | $1,986,000 | $450,000 | $1,536,000 |
| 2019 | $20,916 | $1,743,000 | $450,000 | $1,293,000 |
| 2018 | $20,220 | $1,685,000 | $450,000 | $1,235,000 |
| 2017 | $19,800 | $1,650,000 | $450,000 | $1,200,000 |
| 2016 | $19,596 | $1,633,000 | $450,000 | $1,183,000 |
| 2015 | $18,732 | $1,572,000 | $550,000 | $1,022,000 |
| 2014 | $18,732 | $1,561,000 | $550,000 | $1,011,000 |
Source: Public Records
Map
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