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334 Albemarle Avenue

334 Albemarle Avenue, Richmond, VA 23226
Property in Stonewall Court
Sold Jul 12, 2013
$610,000
$488,000 by Branch Banking And Trust Co
Mortgage
Sold Jun 06, 2007
$489,000
$389,000 by Taylor Bean Whittaker Mtg
Mortgage
334 Albemarle Avenue in Richmond, VA was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 1996. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 334 Albemarle Avenue has 2,978 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 basement is 742 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 7,013 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 512 sqft. There are a total of 2 available parking spaces. 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. 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 hot water heating system and being fueled with oil. 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. 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, 334 Albemarle Avenue was last sold in Jul 2, 2013 for $610,000. According to our calculations, that's $204.84 per sqft. Prior to that sales transaction, the property was sold for $489,000 in Jun 1, 2007. Current property owners are expected to pay $8,232 in taxes per year. The property on 334 Albemarle Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $849,000. To break that down further, the land itself was valued at $225,000. While improvements to the property were assessed at a total of $624,000. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1996
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: B+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 742
  • Garage Type: Detached
  • Garage Square Area: 512
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,978
  • Building Area: 2,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,978
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STONEWALL COURT L19 BD 0050.00X0140.00 0000.161 AC

Ownership

  • Current Owner : SHAH SAUMIL R
  • Previous Owner : WHITE MATTHEW G
  • Owner Before Previous Owner: FLOWERS GEORGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 050400

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 104
  • Parcel: W-020-0137-019
  • Municipality: WEST END
  • Latitude: 37.5711
  • Longitude: -77.5059

    Address

  • Full Address: 334 Albemarle Ave
  • Address - House Number: 334
  • Address - Street Name: Albemarle
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C001
  • 4-Digit Zip Code: 1602
  • Zip Code: 23226

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $8,232

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Mar 22, 2023
  • Confidence Score: 73
  • Final Value: 1,015,638
  • High Value: 1,214,526
  • Low Value: 816,750

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,036,250
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 12, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $488,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: MCLEAN MORTGAGE CORPORATION
  • Second Open Lien Mortgage Recording Date: Aug 19, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $548,250
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $849,000
  • Market Land Value: $225,000
  • Market Improvement Value: $624,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $849,000
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $624,000

    Sales

  • Current Sale Contract Date: Jul 02, 2013
  • Current Sale Recording Date: Jul 12, 2013
  • Current Sale Transaction ID: 1006491198
  • Current Sale Price: $610,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 06, 2007
  • Previous Sale Contract Date: Jun 01, 2007
  • Previous Sale Amount: $489,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Jul 12, 2013
  • First Mortgage Loan Amount: $488,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN WHITTAKER MTG
  • Previous Mortgage Transaction Date: Jun 06, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $389,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Near West End



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Frequently Asked Questions

What neighborhood is 334 Albemarle Avenue located in?
The 334 Albemarle Avenue is a located in the neighborhood of Stonewall Court in Near West End, Richmond.
What is the average sales price for listings in 334 Albemarle Avenue?
The average sales price for units in 334 Albemarle Avenue is $0 currently.

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