1201 Townley Road

1201 Townley Road has been categorized by the local assessors in Henrico, VA as a residential type of property. The building on the property was first built in 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1201 Townley Road has 1,125 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 1,160 ft. The area measurement of the land has been determined as 12,835 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as fair. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1201 Townley Road sold most recently in Apr 13, 2020 for a total of $207,000. If you work out the math, that's approximately a cost of $184.00 per sqft. 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 $2,219 in taxes each year. The initial year of tax delinquency occurred in 2018. 1201 Townley Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $261,100. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $191,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.