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4507 Stuart Avenue

4507 Stuart Avenue, Richmond, VA 23221
Property in Colonial Place
Sold Jun 16, 2022
$800,000
$400,000 by Southern Trust Mortgage Llc
Mortgage Due Jul 01, 2052
Sold Apr 11, 2014
$475,000
$337,000 by Credit Union Mortgage Ass
Mortgage
4507 Stuart Avenue has been categorized by the local assessors in Richmond, VA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4507 Stuart Avenue has 2,319 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 819 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,752 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The building has a hip style roof made of slate. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. 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, 4507 Stuart Avenue was last sold in Jun 8, 2022 for $800,000. According to our calculations, that's $344.98 per sqft. Prior to that sales transaction, the property was sold for $475,000 in Apr 3, 2014. Current property owners are expected to pay $9,264 in taxes per year. The property on 4507 Stuart Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $772,000. To break that down further, the land itself was valued at $240,000. While improvements to the property were assessed at a total of $532,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1990
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B+
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 819
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,752
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,319
  • Building Area: 2,319
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,319
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLONIAL PLACE L8-9 B24 SB 0050.00X0135.00 0000.155 AC

Ownership

  • Current Owner : CHANG KEVIN
  • Current Owner 2: CHAN SABRINA
  • Previous Owner : POPPS STEVEN G
  • Previous Owner 2: POPPS CATHERINE G
  • Owner Before Previous Owner: VORENBERG ANDREW J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 050200

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 105
  • Parcel: W-019-0263-004
  • Municipality: WEST END
  • Latitude: 37.5665
  • Longitude: -77.4976

    Address

  • Full Address: 4507 Stuart Ave
  • Address - House Number: 4507
  • Address - Street Name: Stuart
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C005
  • 4-Digit Zip Code: 1832
  • Zip Code: 23221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,264

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 72
  • Final Value: 806,589
  • High Value: 969,969
  • Low Value: 643,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 17, 2022
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $772,000
  • Market Land Value: $240,000
  • Market Improvement Value: $532,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $772,000
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $532,000

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Transaction ID: 11890810253
  • Current Sale Price: $800,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 14282
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Contract Date: Apr 03, 2014
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 16, 2022
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CREDIT UNION MORTGAGE ASS
  • Previous Mortgage Transaction Date: Apr 11, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $337,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Near West End



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Frequently Asked Questions

What neighborhood is 4507 Stuart Avenue located in?
The 4507 Stuart Avenue is a located in the neighborhood of Colonial Place in Near West End, Richmond.
What is the average sales price for listings in 4507 Stuart Avenue?
The average sales price for units in 4507 Stuart Avenue is $0 currently.

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