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3000 Kensington Avenue

3000 Kensington Avenue, Richmond, VA 23221
Sold Oct 01, 2020
$800,000
$800,000 by Barron-shocket Llc
Mortgage
Local assessors in Richmond, VA have categorized 3000 Kensington Avenue as a residential type of property. The home was built in 1917 and is 107 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 5,750 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 460 ft. This is a 3 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 3000 Kensington Avenue has a total of 8,040 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 none system. 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 average. 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 other control joints. 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, 3000 Kensington Avenue sold most recently in Sep 23, 2020 for a total of $800,000. If you work out the math, that's approximately a cost of $99.50 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 $11,976 in taxes each year. 3000 Kensington Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $998,000. If we break it down further, the land itself was valued at $219,000. Improvements to the property, however, were assessed at a total of $779,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1917
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Other
  • Floor Count: 3
  • Living Units: 6
  • Basement Type: Unspecified basement
  • Basement Area: 1,340
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 460
  • Total Building Area: 8,040
  • Building Area: 8,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.132
  • Standard Land Use Code: Apartment house (5+ units)
  • Legal Description 1: 0046.00X0125.00 0000.000

Ownership

  • Current Owner : 3000 KENSINGTON LLC
  • Previous Owner : BARRON-SHOCKET LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 040600

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 113
  • Parcel: W-000-1365-028
  • Municipality: WEST END
  • Latitude: 37.5595
  • Longitude: -77.4751

    Address

  • Full Address: 3000 Kensington Ave
  • Address - House Number: 3000
  • Address - Street Name: Kensington
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C009
  • 4-Digit Zip Code: 2427
  • Zip Code: 23221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,976

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 44
  • Final Value: 1,204,766
  • High Value: 1,539,403
  • Low Value: 870,128

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,135,000
  • First Open Lien Mortgage Lender: BARRON-SHOCKET LLC
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: NOT GIVEN
  • Second Open Lien Mortgage Recording Date: Mar 23, 2022
  • Second Open Lien Mortgage Loan Amount: $335,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $998,000
  • Market Land Value: $219,000
  • Market Improvement Value: $779,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $998,000
  • Assessed Land Value: $219,000
  • Assessed Improvements Value: $779,000

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11791737381
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200022905

    Last Sale Mortgage

  • First Mortgage Lender: BARRON-SHOCKET LLC
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Carytown - Museum District



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Frequently Asked Questions

What neighborhood is 3000 Kensington Avenue located in?
The 3000 Kensington Avenue is a located in the neighborhood of The Museum District in Carytown - Museum District, Richmond.
What is the average sales price for listings in 3000 Kensington Avenue?
The average sales price for units in 3000 Kensington Avenue is $0 currently.

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