NOT LISTED FOR SALE

7040 Forest Hill Ave Richmond, VA 23225

Stratford Hills Neighborhood

Estimated Value: $1,760,079

-- Bed
-- Bath
7,285 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 7040 Forest Hill Ave, Richmond, VA 23225 and is currently estimated at $1,760,079, approximately $241 per square foot. 7040 Forest Hill Ave is a home located in Richmond City with nearby schools including Southampton Elementary School, Lucille M. Brown Middle, and Huguenot High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Scioto Properties Sp-15 Llc An Onio Limi
Bought by
Mendota Properties Llc An Ohio Limited L
Current Estimated Value
$1,760,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,500
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 2011
Sold by
Realty Income Corporation
Bought by
Scioto Properties Sp 15 Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

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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
Mendota Properties Llc An Ohio Limited L -- None Available
Scioto Properties Sp 15 Llc $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendota Properties Llc $7,506,315
Closed Mendota Properties Llc An Ohio Limited L $604,500
Previous Owner Scioto Properties Sp 15 Llc $450,000
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 $14,340 $1,195,000 $604,000 $591,000
2024 $14,340 $1,195,000 $604,000 $591,000
2023 $14,340 $1,195,000 $604,000 $591,000
2022 $14,088 $1,174,000 $604,000 $570,000
2021 $13,644 $1,137,000 $585,000 $552,000
2020 $6,857 $1,137,000 $585,000 $552,000
2019 $13,451 $1,121,000 $585,000 $536,000
2018 $13,200 $1,100,000 $585,000 $515,000
2017 $13,200 $1,100,000 $585,000 $515,000
2016 $13,200 $1,100,000 $585,000 $515,000
2015 $13,200 $1,100,000 $512,000 $588,000
2014 $13,200 $1,100,000 $512,000 $588,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23225 Stratford Hills

7040 Forest Hill Ave, Richmond, VA

This home is located at 7040 Forest Hill Ave, Richmond, VA 23225 and is currently estimated at $1,760,079, approximately $241 per square foot. 7040 Forest Hill Ave is a home located in Richmond City with nearby schools including Southampton Elementary School, Lucille M. Brown Middle, and Huguenot High School.

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