109 North Lake Avenue

109 North Lake Avenue in Richmond, VA was first built in 1971 and is 53 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 109 North Lake Avenue has 1,638 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,638 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 21,794 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 109 North Lake Avenue was last sold in Dec 3, 2020 for $250,000. According to our calculations, that's $152.63 per sqft. Prior to that sales transaction, the property was sold for $127,000 in Jan 1, 1970. Current property owners are expected to pay $2,903 in taxes per year. The property on 109 North Lake Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $337,600. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $297,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.