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510 Patrick Avenue

510 Patrick Avenue, Richmond, VA 23222
Property in Providence Park
Sold Dec 15, 2021
$185,000
$179,450 by Prosperity Home Mortgage Llc
Mortgage Due Oct 15, 2051
Sold Jul 23, 2020
$69,500
Local assessors in Richmond, VA have categorized 510 Patrick Avenue as a residential type of property. The home was built in 1941 and is 83 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 7,856 square feet. The linear feet between the front and back of the lot was measured at 1,630 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 510 Patrick Avenue has a total of 1,014 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. 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, 510 Patrick Avenue was last sold in Nov 30, 2021 for $185,000. According to our calculations, that's $182.45 per sqft. Prior to that sales transaction, the property was sold for $69,500 in Jun 29, 2020. Current property owners are expected to pay $2,124 in taxes per year. The property on 510 Patrick Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $177,000. To break that down further, the land itself was valued at $63,000. While improvements to the property were assessed at a total of $114,000. 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. 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. 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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1979
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 7,856
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,014
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NORTH HIGHLAND PARK
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N HIGHLAND PARK PTSL24-25 B7 0050.00X0163.24 IRG0000.000

Ownership

  • Current Owner : WALSH ALLISON T
  • Previous Owner : MARTIN CHARLES A
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 010800

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 304
  • Parcel: N-000-1558-024
  • Municipality: NORTHSIDE
  • Latitude: 37.58
  • Longitude: -77.4242

    Address

  • Full Address: 510 Patrick Ave
  • Address - House Number: 510
  • Address - Street Name: Patrick
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C021
  • 4-Digit Zip Code: 2845
  • Zip Code: 23222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,124

    Appraisal Valuation

  • Standard Deviation: 0.242
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 66
  • Final Value: 243,466
  • High Value: 302,405
  • Low Value: 184,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $179,450
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $179,450
  • 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: Oct 15, 2051

    Market Valuation

  • Market Total Value: $177,000
  • Market Land Value: $63,000
  • Market Improvement Value: $114,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,000
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $114,000

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11875848545
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210035312
  • Previous Sale Recording Date: Jul 23, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $69,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $179,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 15, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northside



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Frequently Asked Questions

What neighborhood is 510 Patrick Avenue located in?
The 510 Patrick Avenue is a located in the neighborhood of Providence Park in Northside, Richmond.
What is the average sales price for listings in 510 Patrick Avenue?
The average sales price for units in 510 Patrick Avenue is $0 currently.

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