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1641 New Market Road

1641 New Market Road, Henrico, VA 23231
Property in Henrico
Sold Jan 05, 2004
$168,470
$165,866 by Aegis Mortgage Corp
Mortgage
1641 New Market 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 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1641 New Market Road has 2,170 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,865 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 garage for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with 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, 1641 New Market Road sold most recently in Dec 29, 2003 for a total of $168,470. If you work out the math, that's approximately a cost of $77.64 per sqft. Before that, the property was also sold for $168,470 in Jan 1, 1970. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,476 in taxes each year. 1641 New Market Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $291,300. If we break it down further, the land itself was valued at $52,000. Improvements to the property, however, were assessed at a total of $239,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2003
  • Effective Year Built: 2011
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 20,865
  • Total Building Area: 2,170
  • Gross Building Area: 2,956
  • Building Area: 2,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLDE COLONY ESTATES
  • Land Acres: 0.479
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0214020000C 0002; OLDE COLONY ESTATES SC A BL C LT 2 .479 AC 27 A1 56

Ownership

  • Current Owner : JONES DON M
  • Previous Owner : WESTBRIDGE DEVELOPMENT IN
  • Owner Before Previous Owner: WESTBRIDGE DEVELOPMENT IN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-2C

Geography

  • Account Number: JO3075501
  • District: VARINA
  • Parcel: 805-696-5257
  • Lot: 2
  • Municipality: VARINA
  • Latitude: 37.4699
  • Longitude: -77.3884

    Address

  • Full Address: 1641 New Market Rd
  • Address - House Number: 1641
  • Address - Street Name: New Market
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Henrico
  • Carrier Code: R001
  • 4-Digit Zip Code: 6831
  • Zip Code: 23231

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,476

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 81
  • Final Value: 358,599
  • High Value: 413,577
  • Low Value: 303,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,866
  • First Open Lien Mortgage Lender: AEGIS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 05, 2004
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $165,866
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $291,300
  • Market Land Value: $52,000
  • Market Improvement Value: $239,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,300
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $239,300

    Sales

  • Current Sale Contract Date: Dec 29, 2003
  • Current Sale Recording Date: Jan 05, 2004
  • Current Sale Transaction ID: 1078223910
  • Current Sale Price: $168,470
  • Current Sale Document Type: Deed
  • Previous Sale Amount: $168,470
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AEGIS MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 05, 2004
  • First Mortgage Loan Amount: $165,866
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AEGIS MORTGAGE CORP
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $165,866
  • Previous Mortgage Loan Type: FHA

About Henrico



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Frequently Asked Questions

What neighborhood is 1641 New Market Road located in?
The 1641 New Market Road is a located in the neighborhood of Henrico in Henrico, Henrico.
What is the average sales price for listings in 1641 New Market Road?
The average sales price for units in 1641 New Market Road is $0 currently.

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