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1716 Lakeview Avenue

1716 Lakeview Avenue, Richmond, VA 23220
House in Randolph
Sold Oct 08, 2019
$267,500
$176,550 by Townebank Mortgage
Mortgage
Sold Jun 10, 2008
$240,000
Buyer
Seller
$240,000 by Bank Of America Na
Mortgage
Local assessors in Richmond, VA have categorized 1716 Lakeview Avenue as a residential type of property. The home was built in 2006 and is 18 years old. It was most recently renovated and altered in 2011. The property's lot size has been calculated to be 3,746 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 440 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 1716 Lakeview Avenue has a total of 1,566 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 open 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 good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 1716 Lakeview Avenue sold most recently in Sep 27, 2019 for a total of $267,500. If you work out the math, that's approximately a cost of $170.82 per sqft. Before that, the property was also sold for $240,000 in Apr 23, 2008. 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 $3,696 in taxes each year. 1716 Lakeview Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $308,000. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $208,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2011
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,746
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,566
  • Building Area: 1,566
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,566
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RANDOLPH WEST
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RANDOLPH WEST L21BBS1 0044.00X0085.75 0000.086 AC

Ownership

  • Current Owner : THOMPSON TODD V
  • Previous Owner : SINHA AMIT
  • Owner Before Previous Owner: BOWERS SEAN A

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 041300

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 504
  • Parcel: W-000-0649-081
  • Municipality: CENTRAL
  • Latitude: 37.5424
  • Longitude: -77.4657

    Address

  • Full Address: 1716 Lakeview Ave
  • Address - House Number: 1716
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C013
  • 4-Digit Zip Code: 6458
  • Zip Code: 23220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,696

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 381,908
  • High Value: 458,868
  • Low Value: 304,947

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,550
  • First Open Lien Mortgage Lender: TOWNEBANK MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 08, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $176,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $308,000
  • Market Land Value: $100,000
  • Market Improvement Value: $208,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $208,000

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Oct 08, 2019
  • Current Sale Transaction ID: 11664398947
  • Current Sale Price: $267,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190020858
  • Previous Sale Recording Date: Jun 10, 2008
  • Previous Sale Contract Date: Apr 23, 2008
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Oct 08, 2019
  • First Mortgage Loan Amount: $176,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 10, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fan - Oregon Hill - Carver



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Frequently Asked Questions

What neighborhood is 1716 Lakeview Avenue located in?
The 1716 Lakeview Avenue is a house located in the neighborhood of Randolph in Fan - Oregon Hill - Carver, Richmond.
What is the average sales price for listings in 1716 Lakeview Avenue?
The average sales price for units in 1716 Lakeview Avenue is $0 currently.

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