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111 Damascus Drive

111 Damascus Drive, Richmond, VA 23227
Property in Henrico
Sold Aug 06, 2021
Transfer
$194,000 by Movement Mortgage Llc
Mortgage Due Sep 01, 2051
Sold Jan 27, 2021
$45,000
Local assessors in Richmond, VA have categorized 111 Damascus Drive as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 1977. The property's lot size has been calculated to be 13,753 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 111 Damascus Drive has a total of 2,118 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a radiant heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $45,000 in Jan 25, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,767 in taxes each year. 111 Damascus Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $325,500. If we break it down further, the land itself was valued at $57,000. Improvements to the property, however, were assessed at a total of $268,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1977
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,430
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,753
  • Total Building Area: 2,118
  • Gross Building Area: 3,740
  • Building Area: 2,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 2,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHAMBERLAYNE HGHTS
  • Land Acres: 0.315
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0074030008 0002; CHAMBERLAYNE HGHTS SC B BL 8 LT 2 105 A2 2

Ownership

  • Current Owner : GLOVER EDGAR ALLAN
  • Previous Owner : AZT REALTY LLC
  • Owner Before Previous Owner: TUCKER LYNN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200904

Zoning

  • Zoning: R-2A

Geography

  • Account Number: GL0665801
  • District: FAIRFIELD
  • Parcel: 791-752-4553
  • Lot: 2,105
  • Municipality: FAIRFIELD
  • Latitude: 37.6242
  • Longitude: -77.4346

    Address

  • Full Address: 111 Damascus Dr
  • Address - House Number: 111
  • Address - Street Name: Damascus
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Richmond
  • Carrier Code: C003
  • 4-Digit Zip Code: 2040
  • Zip Code: 23227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,767

    Appraisal Valuation

  • Standard Deviation: 0.1406
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 383,459
  • High Value: 437,392
  • Low Value: 329,525

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $194,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $325,500
  • Market Land Value: $57,000
  • Market Improvement Value: $268,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,500
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $268,500

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11850767478
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202100039834
  • Previous Sale Recording Date: Jan 27, 2021
  • Previous Sale Contract Date: Jan 25, 2021
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Commissioner's Deed - North Carolina in probate-related transfers. In Hawaii foreclosure-related transfers.

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $194,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Chamberlayne



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Frequently Asked Questions

What neighborhood is 111 Damascus Drive located in?
The 111 Damascus Drive is a located in the neighborhood of Henrico in Chamberlayne, Richmond.
What is the average sales price for listings in 111 Damascus Drive?
The average sales price for units in 111 Damascus Drive is $0 currently.

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