1907 Cool Lane

1907 Cool Lane in Richmond, VA was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 1968. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1907 Cool Lane has 752 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,938 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit. 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, 1907 Cool Lane sold most recently in Jan 1, 1970 for a total of $47,000. If you work out the math, that's approximately a cost of $62.50 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 $597 in taxes each year. 1907 Cool Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $71,900. If we break it down further, the land itself was valued at $17,000. Improvements to the property, however, were assessed at a total of $54,900. 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.