7048 Forest Hill Ave Richmond, VA 23225
Stratford Hills Neighborhood
--
Bed
--
Bath
5,890
Sq Ft
0.82
Acres
About This Home
This home is located at 7048 Forest Hill Ave, Richmond, VA 23225. 7048 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
Dec 5, 2017
Sold by
Garcia Real Estate Ii Lc A Limited Liabi
Bought by
Bgc Land Llc A Virginia Limited Liabilit
Purchase Details
Closed on
Sep 17, 2015
Sold by
Chan Investments Llc
Bought by
Garcia Real Estate Ii Lc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,013,400
Interest Rate
3.97%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Apr 15, 2010
Sold by
Pw Forest Hil Llc
Bought by
Chan Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5%
Mortgage Type
Construction
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 |
---|---|---|---|
Bgc Land Llc A Virginia Limited Liabilit | $950,000 | Attorney | |
Garcia Real Estate Ii Lc | $900,000 | None Available | |
Chan Investments Llc | $585,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Bgc Land Llc | $4,370,000 | |
Closed | Bgc Land Llc | $2,550,000 | |
Closed | Bgc Land Llc A Virginia Limited Liabilit | $4,432,300 | |
Previous Owner | Garcia Real Estate Ii Lc | $1,013,400 | |
Previous Owner | Chan Investments Llc | $468,000 |
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 | $16,224 | $1,352,000 | $582,000 | $770,000 |
2024 | $16,224 | $1,352,000 | $582,000 | $770,000 |
2023 | $16,080 | $1,340,000 | $582,000 | $758,000 |
2022 | $15,540 | $1,295,000 | $582,000 | $713,000 |
2021 | $15,480 | $1,290,000 | $565,000 | $725,000 |
2020 | $15,480 | $1,290,000 | $565,000 | $725,000 |
2019 | $10,514 | $872,000 | $565,000 | $307,000 |
2018 | $10,356 | $863,000 | $565,000 | $298,000 |
2017 | $10,212 | $851,000 | $565,000 | $286,000 |
2016 | $10,212 | $851,000 | $565,000 | $286,000 |
2015 | $10,212 | $851,000 | $494,000 | $357,000 |
2014 | $10,212 | $851,000 | $494,000 | $357,000 |
Source: Public Records
Map
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