Check Availability

1129 Micheline Terrace

1129 Micheline Terrace, Richmond, VA 23223
Property in Henrico
Sold Oct 02, 2017
$174,900
$171,731 by Union Mortgage Group Inc
Mortgage
Sold Jul 23, 2014
$97,000
Local assessors in Richmond, VA have categorized 1129 Micheline Terrace as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 2007. The property's lot size has been calculated to be 9,390 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1129 Micheline Terrace has a total of 1,863 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. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of composition shingle. Lots of a combination of material 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 forced air unit 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. According to our sources, 1129 Micheline Terrace sold most recently in Sep 26, 2017 for a total of $174,900. If you work out the math, that's approximately a cost of $93.88 per sqft. Before that, the property was also sold for $97,000 in Jun 13, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,429 in taxes each year. 1129 Micheline Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $285,800. If we break it down further, the land itself was valued at $42,000. Improvements to the property, however, were assessed at a total of $243,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1989
  • Effective Year Built: 2007
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,390
  • Total Building Area: 1,863
  • Gross Building Area: 2,185
  • Building Area: 1,863
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,863
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MITCHELTREE
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0129110000B 0166A; MITCHELTREE SC B BL B LT PT 166 & 165 7 B2 55

Ownership

  • Current Owner : ATHEY SALETA
  • Current Owner 2: COLES PATRICIA
  • Previous Owner : CHO SAM J
  • Previous Owner 2: CHO JESSICA J
  • Owner Before Previous Owner: DEUTSCHE BANK NATL TR CO TR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 201103

Zoning

  • Zoning: R-4

Geography

  • Account Number: DA3886101
  • District: FAIRFIELD
  • Parcel: 811-730-0103
  • Municipality: FAIRFIELD
  • Latitude: 37.5616
  • Longitude: -77.3681

    Address

  • Full Address: 1129 Micheline Ter
  • Address - House Number: 1129
  • Address - Street Name: Micheline
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Richmond
  • Carrier Code: C029
  • 4-Digit Zip Code: 2221
  • Zip Code: 23223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,429

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 321,831
  • High Value: 375,651
  • Low Value: 268,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,731
  • First Open Lien Mortgage Lender: UNION MORTGAGE GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 02, 2017
  • First Open Lien Mortgage Loan Amount: $171,731
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $285,800
  • Market Land Value: $42,000
  • Market Improvement Value: $243,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,800
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $243,800

    Sales

  • Current Sale Contract Date: Sep 26, 2017
  • Current Sale Recording Date: Oct 02, 2017
  • Current Sale Transaction ID: 1736738961
  • Current Sale Price: $174,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201700031769
  • Previous Sale Recording Date: Jul 23, 2014
  • Previous Sale Contract Date: Jun 13, 2014
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION MORTGAGE GROUP INC
  • First Mortgage Transaction Date: Oct 02, 2017
  • First Mortgage Loan Amount: $171,731
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Henrico



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1129 Micheline Terrace located in?
The 1129 Micheline Terrace is a located in the neighborhood of Henrico in Henrico, Richmond.
What is the average sales price for listings in 1129 Micheline Terrace?
The average sales price for units in 1129 Micheline Terrace is $0 currently.

Quantcast