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3039 Montrose Avenue

3039 Montrose Avenue, Richmond, VA 23222
Sold Dec 17, 2021
$450,000
$436,500 by Bank Of America Na
Mortgage Due Nov 01, 2036
Local assessors in Richmond, VA have categorized 3039 Montrose Avenue as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 6,752 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 3039 Montrose Avenue has a total of 1,784 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 812 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The building has a hip style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3039 Montrose Avenue was last sold in Dec 9, 2021 for $450,000. According to our calculations, that's $252.24 per sqft. Current property owners are expected to pay $5,088 in taxes per year. The property on 3039 Montrose Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $424,000. To break that down further, the land itself was valued at $60,000. While improvements to the property were assessed at a total of $364,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

On-Street Parking

Exterior

Stucco Exterior

Driveway

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 812
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,752
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,784
  • Building Area: 1,784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,784
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GINTER PARK TERRACE
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GINTER PARK TERRACE L31 BC 0050.00X0135.00 0000.155 AC

Ownership

  • Current Owner : TEWOLDE ELILTA
  • Previous Owner : MSQUARE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 010600

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 302
  • Parcel: N-000-1034-050
  • Municipality: NORTHSIDE
  • Latitude: 37.5745
  • Longitude: -77.4393

    Address

  • Full Address: 3039 Montrose Ave
  • Address - House Number: 3039
  • Address - Street Name: Montrose
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C026
  • 4-Digit Zip Code: 2509
  • Zip Code: 23222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,088

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 490,790
  • High Value: 584,497
  • Low Value: 397,083

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $436,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $436,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $424,000
  • Market Land Value: $60,000
  • Market Improvement Value: $364,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,000
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $364,000

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11875848529
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210035516

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $436,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northside



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3039 Montrose Avenue located in?
The 3039 Montrose Avenue is a house located in the neighborhood of Ginter Park Terrace in Northside, Richmond.
What is the average sales price for listings in 3039 Montrose Avenue?
The average sales price for units in 3039 Montrose Avenue is $474,999 , or $183/sqft. currently.

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