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3225 Hanover Avenue

3225 Hanover Avenue, Richmond, VA 23221
Sold Feb 14, 2019
$405,000
$364,500 by First Heritage Mortgage Llc
Mortgage
Sold Sep 01, 2015
$359,900
$287,920 by Prosperity Home Mortgage Llc
Mortgage
3225 Hanover Avenue in Richmond, VA was first built in 1923 and is 101 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3225 Hanover Avenue has 1,504 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. The linear feet across the front of the lot is 140 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 1,869 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a flat style roof made of metal. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of brick. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3225 Hanover Avenue sold most recently in Jan 22, 2019 for a total of $405,000. If you work out the math, that's approximately a cost of $269.28 per sqft. Before that, the property was also sold for $359,900 in Jul 30, 2015. 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 $6,204 in taxes each year. 3225 Hanover Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $517,000. If we break it down further, the land itself was valued at $180,000. Improvements to the property, however, were assessed at a total of $337,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1923
  • Effective Year Built: 2000
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Brick
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,869
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 140
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,504
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.043
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0014.95X0125.00 0000.000

Ownership

  • Current Owner : REESE ELIZABETH ANNE
  • Previous Owner : CLIPP MICHELLE BURT
  • Owner Before Previous Owner: PATTERSON AVE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 040900

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 114
  • Parcel: W-000-1460-006
  • Municipality: WEST END
  • Latitude: 37.5581
  • Longitude: -77.4802

    Address

  • Full Address: 3225 Hanover Ave
  • Address - House Number: 3225
  • Address - Street Name: Hanover
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C009
  • 4-Digit Zip Code: 2822
  • Zip Code: 23221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,204

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 581,557
  • High Value: 693,438
  • Low Value: 469,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $364,500
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 14, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $364,500
  • 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: $517,000
  • Market Land Value: $180,000
  • Market Improvement Value: $337,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,000
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $337,000

    Sales

  • Current Sale Contract Date: Jan 22, 2019
  • Current Sale Recording Date: Feb 14, 2019
  • Current Sale Transaction ID: 11574043581
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190002900
  • Previous Sale Recording Date: Sep 01, 2015
  • Previous Sale Contract Date: Jul 30, 2015
  • Previous Sale Amount: $359,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 14, 2019
  • First Mortgage Loan Amount: $364,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 01, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $287,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Carytown - Museum District



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Frequently Asked Questions

What neighborhood is 3225 Hanover Avenue located in?
The 3225 Hanover 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 3225 Hanover Avenue?
The average sales price for units in 3225 Hanover Avenue is $0 currently.

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