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3024 Farmstead Mill Drive

3024 Farmstead Mill Drive, Glen Allen, VA 23059
Property in Henrico
Sold Dec 31, 2020
$541,539
$431,498 by Wells Fargo Bank Na
Mortgage
Sold Jan 02, 2020
$319,725
3024 Farmstead Mill Drive in Glen Allen, VA was first built in 2020 and is 4 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 3024 Farmstead Mill Drive has 2,949 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 7,781 square feet.

Learn more about the property and building on this page. There is a covered porch. The roof of the home is made of composition shingle. For those who need parking, there is a garage. The garage is 475 sqft. There are a total of 2 available parking spaces. 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 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, 3024 Farmstead Mill Drive sold most recently in Dec 18, 2020 for a total of $541,539. If you work out the math, that's approximately a cost of $183.63 per sqft. Before that, the property was also sold for $319,725 in Dec 19, 2019. 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 $4,788 in taxes each year. The initial year of tax delinquency occurred in 2020. 3024 Farmstead Mill Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $563,300. If we break it down further, the land itself was valued at $109,000. Improvements to the property, however, were assessed at a total of $454,300. 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: 2020
  • Effective Year Built: 2020
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 475
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,781
  • Total Building Area: 2,949
  • Gross Building Area: 3,858
  • Building Area: 2,949
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,949
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER MILL
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 00230A0000 0022; RIVER MILL SC 3 BL P LT 6

Ownership

  • Current Owner : PATEL RAMESHBHAI N
  • Current Owner 2: PATEL HANSABEN
  • Previous Owner : SCHELL BROTHERS RICHMOND LLC
  • Owner Before Previous Owner: HHHUNT RIVER MILL LLC

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200907

Zoning

  • Zoning: R-5A

Geography

  • District: FAIRFIELD
  • Parcel: 780-772-2760
  • Lot: 6
  • Municipality: FAIRFIELD
  • Latitude: 37.6795
  • Longitude: -77.4725

    Address

  • Full Address: 3024 Farmstead Mill Dr
  • Address - House Number: 3024
  • Address - Street Name: Farmstead Mill
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Glen Allen
  • Carrier Code: R041
  • 4-Digit Zip Code: 8037
  • Zip Code: 23059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,788
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 673,563
  • High Value: 784,650
  • Low Value: 562,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $431,498
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $431,498
  • 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: $563,300
  • Market Land Value: $109,000
  • Market Improvement Value: $454,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,300
  • Assessed Land Value: $109,000
  • Assessed Improvements Value: $454,300

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Transaction ID: 11814872958
  • Current Sale Price: $541,539
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 202000056917
  • Previous Sale Recording Date: Jan 02, 2020
  • Previous Sale Contract Date: Dec 19, 2019
  • Previous Sale Amount: $319,725
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 31, 2020
  • First Mortgage Loan Amount: $431,498
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Glen Allen



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Frequently Asked Questions

What neighborhood is 3024 Farmstead Mill Drive located in?
The 3024 Farmstead Mill Drive is a located in the neighborhood of Henrico in Glen Allen, Glen Allen.
What is the average sales price for listings in 3024 Farmstead Mill Drive?
The average sales price for units in 3024 Farmstead Mill Drive is $0 currently.

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