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4418 Reedy Avenue

4418 Reedy Avenue, Richmond, VA 23225
Sold Oct 30, 2019
$315,000
$295,000 by Village Bank Mortgage Corporat
Mortgage
Sold Sep 13, 2017
$230,550
$219,023 by Capital One National Associati
Mortgage
4418 Reedy Avenue in Richmond, VA was first built in 1955 and is 69 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 ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4418 Reedy Avenue has 1,539 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 1,510 ft and the linear feet between the front and back of the lot is 2,140. In total, the area measurement of the land is 15,269 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 none system. We do not have data on where the property's water is sourced from. 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 brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 4418 Reedy Avenue sold most recently in Oct 25, 2019 for a total of $315,000. If you work out the math, that's approximately a cost of $204.68 per sqft. Before that, the property was also sold for $230,550 in Sep 11, 2017. 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 $4,428 in taxes each year. 4418 Reedy Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $369,000. If we break it down further, the land itself was valued at $92,000. Improvements to the property, however, were assessed at a total of $277,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1985
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,269
  • Lot Size Depth Feet: 2,140
  • Lot Size Frontage Feet: 1,510
  • Total Building Area: 1,539
  • Building Area: 1,539
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,539
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: FOREST HILL TERRACE
  • Land Acres: 0.351
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST HILL TERRACE PTL1 B17 0151.40X0214.00 IRG0000.000

Ownership

  • Current Owner : KELLEY SEAN DAVIES
  • Current Owner 2: GERSTBREIN SAMANTHA
  • Previous Owner : POULIN SIMEON
  • Previous Owner 2: POULIN KING
  • Owner Before Previous Owner: JESTER ZACHARY J
  • Owner Before Previous Owner 2: VLETT-JESTER ERIN H VAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 060502

Zoning

  • Zoning: R-4 SINGLE

Geography

  • District: 509
  • Parcel: S-005-3394-013
  • Municipality: CENTRAL
  • Latitude: 37.5162
  • Longitude: -77.4841

    Address

  • Full Address: 4418 Reedy Ave
  • Address - House Number: 4418
  • Address - Street Name: Reedy
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C016
  • 4-Digit Zip Code: 4638
  • Zip Code: 23225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,428

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 462,760
  • High Value: 543,202
  • Low Value: 382,318

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $295,000
  • First Open Lien Mortgage Lender: VILLAGE BANK MORTGAGE CORPORAT
  • First Open Lien Mortgage Recording Date: Oct 30, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $295,000
  • 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: $369,000
  • Market Land Value: $92,000
  • Market Improvement Value: $277,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,000
  • Assessed Land Value: $92,000
  • Assessed Improvements Value: $277,000

    Sales

  • Current Sale Contract Date: Oct 25, 2019
  • Current Sale Recording Date: Oct 30, 2019
  • Current Sale Transaction ID: 11677834965
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190022690
  • Previous Sale Recording Date: Sep 13, 2017
  • Previous Sale Contract Date: Sep 11, 2017
  • Previous Sale Amount: $230,550
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VILLAGE BANK MORTGAGE CORPORAT
  • First Mortgage Transaction Date: Oct 30, 2019
  • First Mortgage Loan Amount: $295,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL ONE NATIONAL ASSOCIATI
  • Previous Mortgage Transaction Date: Sep 13, 2017
  • Previous Mortgage Loan Amount: $219,023
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Westover Hills - Forest Hill Park



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Frequently Asked Questions

What neighborhood is 4418 Reedy Avenue located in?
The 4418 Reedy Avenue is a house located in the neighborhood of Forest Hill Terrace in Westover Hills - Forest Hill Park, Richmond.
What is the average sales price for listings in 4418 Reedy Avenue?
The average sales price for units in 4418 Reedy Avenue is $0 currently.

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