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4024 Monticello Street

4024 Monticello Street, Richmond, VA 23227
Property in Bellevue
Sold Mar 10, 2020
$350,000
$315,000 by First Savings Mortgage Corpora
Mortgage
Sold Jun 06, 2003
$177,000
Buyer
Seller
$175,113 by National City Mtg Co
Mortgage
4024 Monticello Street in Richmond, VA was first built in 1936 and is 88 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4024 Monticello Street has 1,363 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 377 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 1,300. In total, the area measurement of the land is 6,490 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. 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 good. The exterior walls of the home are made of alum/vinyl siding. 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 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, 4024 Monticello Street sold most recently in Mar 9, 2020 for a total of $350,000. If you work out the math, that's approximately a cost of $256.79 per sqft. Before that, the property was also sold for $177,000 in Jan 1, 1970. 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 $5,016 in taxes each year. 4024 Monticello Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $418,000. If we break it down further, the land itself was valued at $95,000. Improvements to the property, however, were assessed at a total of $323,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1936
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 377
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,490
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,363
  • Building Area: 1,363
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,363
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTICELLO PLACE
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MONTICELLO PL L26 BB 0050.00X0130.00 0000.149 AC

Ownership

  • Current Owner : PEARSON ELLEN RABY
  • Previous Owner : NEELY GRANT OWENS
  • Owner Before Previous Owner: LEVENE LISA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 010401

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 309
  • Parcel: N-000-2178-007
  • Municipality: NORTHSIDE
  • Latitude: 37.5899
  • Longitude: -77.4606

    Address

  • Full Address: 4024 Monticello St
  • Address - House Number: 4024
  • Address - Street Name: Monticello
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C015
  • 4-Digit Zip Code: 3932
  • Zip Code: 23227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,016

    Appraisal Valuation

  • Standard Deviation: 0.1994
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 495,091
  • High Value: 593,829
  • Low Value: 396,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: FIRST SAVINGS MORTGAGE CORPORA
  • First Open Lien Mortgage Recording Date: Mar 10, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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: $418,000
  • Market Land Value: $95,000
  • Market Improvement Value: $323,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,000
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $323,000

    Sales

  • Current Sale Contract Date: Mar 09, 2020
  • Current Sale Recording Date: Mar 10, 2020
  • Current Sale Transaction ID: 11748359408
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200005399
  • Previous Sale Recording Date: Jun 06, 2003
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS MORTGAGE CORPORA
  • First Mortgage Transaction Date: Mar 10, 2020
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG CO
  • Previous Mortgage Transaction Date: Jun 06, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $175,113
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Northside



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Frequently Asked Questions

What neighborhood is 4024 Monticello Street located in?
The 4024 Monticello Street is a located in the neighborhood of Bellevue in Northside, Richmond.
What is the average sales price for listings in 4024 Monticello Street?
The average sales price for units in 4024 Monticello Street is $0 currently.

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