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406 West Marshall Street

406 West Marshall Street, Richmond, VA 23220
Property in Jackson Ward
406 West Marshall Street in Richmond, VA was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 406 West Marshall Street has 2,373 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 200 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 3,200 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 wood control joints. 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 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. 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, 406 West Marshall Street was last sold in May 31, 2022 for $435,000. According to our calculations, that's $183.31 per sqft. Prior to that sales transaction, the property was sold for $349,950 in Jul 31, 2018. Current property owners are expected to pay $4,980 in taxes per year. The property on 406 West Marshall Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $415,000. To break that down further, the land itself was valued at $75,000. While improvements to the property were assessed at a total of $340,000. 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. 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.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.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220510
05/10/2022
Studio
-
-
$470,000
bedrooms
Studio
bathrooms
-
$435,000 -7.45%
06/07/2022
-
Betts McGurn
Joyner Fine Properties
20180615
06/15/2018
Studio
-
-
$374,950
bedrooms
Studio
bathrooms
-
$349,950 -6.67%
08/03/2018
Jared Davis
Capital Real Estate Services

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,200
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 200
  • Total Building Area: 2,373
  • Building Area: 2,373
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,373
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.073
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 0020.00X0160.00 0000.000

Ownership

  • Current Owner : GADSON SHARLA D
  • Previous Owner : MASON III WINSTON R
  • Owner Before Previous Owner: PARLANTI SALVATORE ANTONINO
  • Owner Before Previous Owner 2: PARLANTI ANNAMARIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 030200

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 213
  • Parcel: N-000-0207-017
  • Municipality: NORTH CENTRAL
  • Latitude: 37.549
  • Longitude: -77.4447

    Address

  • Full Address: 406 W Marshall St
  • Address - House Number: 406
  • Street Direction: W
  • Address - Street Name: Marshall
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C042
  • 4-Digit Zip Code: 3936
  • Zip Code: 23220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,980

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 44
  • Final Value: 431,510
  • High Value: 551,366
  • Low Value: 311,653

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,121
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jun 10, 2022
  • First Open Lien Mortgage Loan Amount: $427,121
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $415,000
  • Market Land Value: $75,000
  • Market Improvement Value: $340,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $415,000
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $340,000

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Transaction ID: 11890013684
  • Current Sale Price: $435,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 13776
  • Previous Sale Recording Date: Aug 03, 2018
  • Previous Sale Contract Date: Jul 31, 2018
  • Previous Sale Amount: $349,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jun 10, 2022
  • First Mortgage Loan Amount: $427,121
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Aug 03, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $262,462
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Downtown Richmond



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Frequently Asked Questions

What neighborhood is 406 West Marshall Street located in?
The 406 West Marshall Street is a located in the neighborhood of Jackson Ward in Downtown Richmond, Richmond.
What is the average sales price for listings in 406 West Marshall Street?
The average sales price for units in 406 West Marshall Street is $374,950 currently.

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