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3516 Murchies Hill Road

3516 Murchies Hill Road, Richmond, VA 23234
Sold Apr 25, 2022
$260,000
Buyer
Seller
$252,200 by Movement Mortgage Llc
Mortgage Due May 01, 2052
Sold May 27, 2021
$239,500
$191,600 by Village Bank Mortgage Corporat
Mortgage
Local assessors in Richmond, VA have categorized 3516 Murchies Hill Road as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1950. The property's lot size has been calculated to be 33,977 square feet. The linear feet between the front and back of the lot was measured at 2,090 ft and the front of the lot was measured at 2,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3516 Murchies Hill Road has a total of 1,450 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 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 gable style roof that was made of composition shingle. Lots of wood siding 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 central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with gas. The property was last sold in Apr 4, 2022 for $260,000. That's $179.31 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2021 for $239,500. 3516 Murchies Hill Road was last assessed in 2023. The total value of the property was assessed at $261,000. Specifically, the land the property is located on was valued at $101,000. While improvements on the property were assessed at a total of $160,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,132. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 33,977
  • Lot Size Depth Feet: 2,090
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,450
  • Building Area: 1,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,450
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHESTERFIELD HILLS
  • Land Acres: 0.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHESTERFIELD HILLS LB-4 0200.00X0209.80 IRG0000.780 AC

Ownership

  • Current Owner : MOSBY BENAE
  • Previous Owner : BRIAN BISHOP
  • Owner Before Previous Owner: LOGIC EQUITIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 070804

Zoning

  • Zoning: R-2 SINGLE

Geography

  • District: 812
  • Parcel: C-008-1098-002
  • Municipality: SOUTHSIDE
  • Latitude: 37.4663
  • Longitude: -77.4961

    Address

  • Full Address: 3516 Murchies Hill Rd
  • Address - House Number: 3516
  • Address - Street Name: Murchies Hill
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Richmond
  • Carrier Code: C009
  • 4-Digit Zip Code: 3328
  • Zip Code: 23234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,132

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 252,440
  • High Value: 296,156
  • Low Value: 208,723

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,200
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 25, 2022
  • First Open Lien Mortgage Loan Amount: $252,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $261,000
  • Market Land Value: $101,000
  • Market Improvement Value: $160,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,000
  • Assessed Land Value: $101,000
  • Assessed Improvements Value: $160,000

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Transaction ID: 11886861117
  • Current Sale Price: $260,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 9831
  • Previous Sale Recording Date: May 27, 2021
  • Previous Sale Contract Date: May 18, 2021
  • Previous Sale Amount: $239,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 25, 2022
  • First Mortgage Loan Amount: $252,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: VILLAGE BANK MORTGAGE CORPORAT
  • Previous Mortgage Transaction Date: May 27, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $191,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About South Richmond



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3516 Murchies Hill Road located in?
The 3516 Murchies Hill Road is a house located in the neighborhood of Belmont Woods in South Richmond, Richmond.
What is the average sales price for listings in 3516 Murchies Hill Road?
The average sales price for units in 3516 Murchies Hill Road is $234,950 , or $162/sqft. currently.

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