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508 Welwyn Road

508 Welwyn Road, Henrico, VA 23229
Property in Henrico
Sold Jan 16, 2020
$760,000
$608,000 by Homespire Mortgage Corporation
Mortgage Due Jan 16, 2050
Sold Jul 05, 2018
$420,000
$375,000 by Ftf Lending Llc
Mortgage
508 Welwyn Road in Henrico, VA was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 508 Welwyn Road has 2,428 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 1,405 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,450 ft and the linear feet between the front and back of the lot is 3,350. In total, the area measurement of the land is 52,926 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 504 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with 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, 508 Welwyn Road sold most recently in Jan 9, 2020 for a total of $760,000. If you work out the math, that's approximately a cost of $313.01 per sqft. Before that, the property was also sold for $420,000 in Jun 28, 2018. 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 $7,430 in taxes each year. 508 Welwyn Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $874,100. If we break it down further, the land itself was valued at $288,800. Improvements to the property, however, were assessed at a total of $585,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1979
  • Effective Year Built: 2001
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,405
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 52,926
  • Lot Size Depth Feet: 3,350
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 2,428
  • Gross Building Area: 5,230
  • Building Area: 2,428
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,428
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DORSET WOODS SOUTH
  • Land Acres: 1.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0124010000J 0003; DORSET WOODS SOUTH SC A BL J LT 3 81 A1 23

Ownership

  • Current Owner : CUSTODIO DANIEL
  • Previous Owner : BACK NINE PROPERTIES LLC
  • Owner Before Previous Owner: HANKS ALOISE ZAVOY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200108

Zoning

  • Zoning: R-1

Geography

  • Account Number: ZA0109858
  • District: TUCKAHOE
  • Parcel: 742-733-3830
  • Lot: 3,81
  • Municipality: TUCKAHOE
  • Latitude: 37.5726
  • Longitude: -77.6047

    Address

  • Full Address: 508 Welwyn Rd
  • Address - House Number: 508
  • Address - Street Name: Welwyn
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Henrico
  • Carrier Code: C005
  • 4-Digit Zip Code: 8106
  • Zip Code: 23229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,430

    Appraisal Valuation

  • Standard Deviation: 0.1248
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 86
  • Final Value: 1,004,524
  • High Value: 1,129,957
  • Low Value: 879,092

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $865,672
  • First Open Lien Mortgage Lender: HOMESPIRE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $608,000
  • 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: Jan 16, 2050
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Jan 05, 2024
  • Second Open Lien Mortgage Loan Amount: $257,672
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 05, 2054

    Market Valuation

  • Market Total Value: $874,100
  • Market Land Value: $288,800
  • Market Improvement Value: $585,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $874,100
  • Assessed Land Value: $288,800
  • Assessed Improvements Value: $585,300

    Sales

  • Current Sale Contract Date: Jan 09, 2020
  • Current Sale Recording Date: Jan 16, 2020
  • Current Sale Transaction ID: 11719316109
  • Current Sale Price: $760,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000001584
  • Previous Sale Recording Date: Jul 05, 2018
  • Previous Sale Contract Date: Jun 28, 2018
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESPIRE MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jan 16, 2020
  • First Mortgage Loan Amount: $608,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FTF LENDING LLC
  • Previous Mortgage Transaction Date: Jul 05, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 508 Welwyn Road located in?
The 508 Welwyn Road is a located in the neighborhood of Henrico in Tuckahoe, Henrico.
What is the average sales price for listings in 508 Welwyn Road?
The average sales price for units in 508 Welwyn Road is $0 currently.

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