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2343 Fernbrook Drive

2343 Fernbrook Drive, Richmond, VA 23224
Sold Mar 10, 2021
$610,000
$206,196 by Guild Mortgage Company Llc
Mortgage
Sold Apr 03, 2020
$120,000
2343 Fernbrook Drive has been categorized by the local assessors in Richmond, VA as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2343 Fernbrook Drive has 1,352 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 1,510 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 12,829 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 attached garage for those who require parking. The garage measured 550 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with oil. 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, 2343 Fernbrook Drive sold most recently in Jan 27, 2021 for a total of $610,000. If you work out the math, that's approximately a cost of $451.18 per sqft. Before that, the property was also sold for $120,000 in Mar 13, 2020. 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 $2,664 in taxes each year. 2343 Fernbrook Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $222,000. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $187,000. 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.

Building Features

Parking

Garage Parking
Paved Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,829
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,352
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: E HOLLANDALE
  • Land Acres: 0.295
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLLANDALE L1 BF SE 0080.00X0151.83 IRG0000.000

Ownership

  • Current Owner : WILLIAMS SHERRE L
  • Previous Owner : LEWIS JACK A
  • Previous Owner 2: LEWIS JONATHAN
  • Owner Before Previous Owner: ESTATE OF JACQUELINE LAWRENCE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 070803

Zoning

  • Zoning: R-4 SINGLE

Geography

  • District: 903
  • Parcel: C-008-0379-026
  • Municipality: SOUTH CENTRAL
  • Latitude: 37.4817
  • Longitude: -77.4884

    Address

  • Full Address: 2343 Fernbrook Dr
  • Address - House Number: 2343
  • Address - Street Name: Fernbrook
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Richmond
  • Carrier Code: C004
  • 4-Digit Zip Code: 4711
  • Zip Code: 23224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,664

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 67
  • Final Value: 259,604
  • High Value: 319,961
  • Low Value: 199,247

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,196
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Mar 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $206,196
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $222,000
  • Market Land Value: $35,000
  • Market Improvement Value: $187,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,000
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $187,000

    Sales

  • Current Sale Contract Date: Jan 27, 2021
  • Current Sale Recording Date: Mar 10, 2021
  • Current Sale Transaction ID: 11825978548
  • Current Sale Price: $610,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210006953
  • Previous Sale Recording Date: Apr 03, 2020
  • Previous Sale Contract Date: Mar 13, 2020
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Mar 10, 2021
  • First Mortgage Loan Amount: $206,196
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2343 Fernbrook Drive located in?
The 2343 Fernbrook Drive is a house located in the neighborhood of South Garden in South Richmond, Richmond.
What is the average sales price for listings in 2343 Fernbrook Drive?
The average sales price for units in 2343 Fernbrook Drive is $109,000 , or $81/sqft. currently.

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