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1235 New Market Road

1235 New Market Road, Henrico, VA 23231
Property in Henrico
Sold Jun 02, 2021
$237,500
Sold Jun 06, 2018
$135,000
Local assessors in Henrico, VA have categorized 1235 New Market Road as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 17,293 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 5 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 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 1235 New Market Road has a total of 1,283 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 350 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. 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 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, 1235 New Market Road sold most recently in May 24, 2021 for a total of $237,500. If you work out the math, that's approximately a cost of $185.11 per sqft. Before that, the property was also sold for $135,000 in May 31, 2018. 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 $1,714 in taxes each year. 1235 New Market Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $201,600. If we break it down further, the land itself was valued at $41,400. Improvements to the property, however, were assessed at a total of $160,200. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 350
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 17,293
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,283
  • Gross Building Area: 1,681
  • Building Area: 1,283
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,283
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPITOL VIEW SD
  • Land Acres: 0.397
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEW MARKET RD AC .397 PAR B

Ownership

  • Current Owner : SPUDIC THOMAS J
  • Current Owner 2: SPUDIC LINDA C
  • Previous Owner : HAINES THOMAS E
  • Previous Owner 2: HAINES TRACY K
  • Owner Before Previous Owner: BURTON MATTHEW F
  • Owner Before Previous Owner 2: MOODY CHRISTINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 201602

Zoning

  • Zoning: R-3

Geography

  • Account Number: TH1719676
  • District: VARINA
  • Parcel: 802-702-3544
  • Municipality: VARINA
  • Latitude: 37.4862
  • Longitude: -77.3992

    Address

  • Full Address: 1235 New Market Rd
  • Address - House Number: 1235
  • Address - Street Name: New Market
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Henrico
  • Carrier Code: C004
  • 4-Digit Zip Code: 5737
  • Zip Code: 23231

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,714

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 275,257
  • High Value: 319,447
  • Low Value: 231,066

    Market Valuation

  • Market Total Value: $201,600
  • Market Land Value: $41,400
  • Market Improvement Value: $160,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,600
  • Assessed Land Value: $41,400
  • Assessed Improvements Value: $160,200

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11837727546
  • Current Sale Price: $237,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100027779
  • Previous Sale Recording Date: Jun 06, 2018
  • Previous Sale Contract Date: May 31, 2018
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Henrico



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1235 New Market Road located in?
The 1235 New Market Road is a located in the neighborhood of Henrico in Henrico, Henrico.
What is the average sales price for listings in 1235 New Market Road?
The average sales price for units in 1235 New Market Road is $0 currently.

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