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4509 Kensington Avenue

4509 Kensington Avenue, Richmond, VA 23221
Property in Colonial Place
Sold Nov 20, 2023
$625,000
$500,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2053
Sold Aug 02, 2019
$421,950
$337,000 by Bank Of America Na
Mortgage
4509 Kensington 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 1922 and is 102 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4509 Kensington Avenue has 1,528 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 396 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 contemporary 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. 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 C+ by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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 forced air unit. 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, 4509 Kensington Avenue was last sold in Nov 2, 2023 for $625,000. According to our calculations, that's $409.03 per sqft. Prior to that sales transaction, the property was sold for $421,950 in Aug 1, 2019. Current property owners are expected to pay $6,564 in taxes per year. The property on 4509 Kensington Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $547,000. To break that down further, the land itself was valued at $240,000. While improvements to the property were assessed at a total of $307,000. 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. 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.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: 1922
  • Effective Year Built: 1985
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 396
  • Parking Space Count: 0
  • 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: 1,528
  • Building Area: 1,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,528
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: B COLONIAL PLACE
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLONIAL PL L7-8 B21 SB 0050.00X0135.00 0000.155 AC

Ownership

  • Current Owner : HAMMER ANDREW
  • Current Owner 2: HAMMER STACI
  • Previous Owner : TULLIDGE WILLIAM BRANT
  • Owner Before Previous Owner: MARTIN LAURA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 105
  • Parcel: W-019-0248-005
  • Municipality: WEST END
  • Latitude: 37.5673
  • Longitude: -77.4968

    Address

  • Full Address: 4509 Kensington Ave
  • Address - House Number: 4509
  • Address - Street Name: Kensington
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C005
  • 4-Digit Zip Code: 1826
  • Zip Code: 23221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,564

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 74
  • Final Value: 591,266
  • High Value: 704,935
  • Low Value: 477,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 20, 2023
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Dec 01, 2053

    Market Valuation

  • Market Total Value: $547,000
  • Market Land Value: $240,000
  • Market Improvement Value: $307,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $547,000
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $307,000

    Sales

  • Current Sale Contract Date: Nov 02, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Transaction ID: 11916796913
  • Current Sale Price: $625,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 17303
  • Previous Sale Recording Date: Aug 02, 2019
  • Previous Sale Contract Date: Aug 01, 2019
  • Previous Sale Amount: $421,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 20, 2023
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 02, 2019
  • 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



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2900 Kensington Avenue, Richmond, VA, 23221

$1,655 /mo

  • 2 Beds
  • 1 Bath
  • 792 ft²
2900 Kensington Avenue #703, Richmond, VA, 23221 Listing by Marc Austin Highfill

Frequently Asked Questions

What neighborhood is 4509 Kensington Avenue located in?
The 4509 Kensington Avenue is a located in the neighborhood of Colonial Place in Near West End, Richmond.
What is the average sales price for listings in 4509 Kensington Avenue?
The average sales price for units in 4509 Kensington Avenue is $0 currently.

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