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400 Richardson Road

400 Richardson Road, Collinsville, VA 24078
Property in Henry
Sold Apr 01, 2020
$121,500
$132,275 by United States-orvirginia-chart
Mortgage Due May 01, 2052
400 Richardson Road has been categorized by the local assessors in Collinsville, VA as a residential type of property. The building on the property was first built in 1962 and is 62 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 400 Richardson Road has 1,864 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 22,530 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 400 Richardson Road sold most recently in Mar 26, 2020 for a total of $121,500. If you work out the math, that's approximately a cost of $65.18 per sqft. 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 $640 in taxes each year. 400 Richardson Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,400. If we break it down further, the land itself was valued at $11,500. Improvements to the property, however, were assessed at a total of $103,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1962
  • Effective Year Built: 1962
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,530
  • Total Building Area: 1,864
  • Building Area: 1,864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 28.8(077 )000 /010; CLYDE A RICHARDSON SUB LOT 10

Ownership

  • Current Owner : LOVELL MEREDITH H
  • Current Owner 2: LOVELL TERRY
  • Previous Owner : HOLBROOK PATRICK J
  • Previous Owner 2: HOLBROOK CHRISTOPHER J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henry County Public Schools
  • Census Tract: 010100

Zoning

  • Zoning: SR

Geography

  • District: COLL
  • Parcel: 104500000
  • Lot: 10
  • Municipality: COLLINSVILLE DISTRICT
  • Latitude: 36.7199
  • Longitude: -79.9327

    Address

  • Full Address: 400 Richardson Rd
  • Address - House Number: 400
  • Address - Street Name: Richardson
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Collinsville
  • Carrier Code: C001
  • 4-Digit Zip Code: 2128
  • Zip Code: 24078

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $640

    Appraisal Valuation

  • Standard Deviation: 0.1051
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 140,737
  • High Value: 155,531
  • Low Value: 125,942

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,275
  • First Open Lien Mortgage Lender: UNITED STATES-ORVIRGINIA-CHART
  • First Open Lien Mortgage Recording Date: Apr 26, 2022
  • First Open Lien Mortgage Loan Amount: $132,275
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $115,400
  • Market Land Value: $11,500
  • Market Improvement Value: $103,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,400
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $103,900

    Sales

  • Current Sale Contract Date: Mar 26, 2020
  • Current Sale Recording Date: Apr 01, 2020
  • Current Sale Transaction ID: 11754478988
  • Current Sale Price: $121,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200001082

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 01, 2020
  • First Mortgage Loan Amount: $122,727
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Collinsville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 400 Richardson Road located in?
The 400 Richardson Road is a located in the neighborhood of Henry in Collinsville, Collinsville.
What is the average sales price for listings in 400 Richardson Road?
The average sales price for units in 400 Richardson Road is $0 currently.

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