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5104 Clarence Street

5104 Clarence Street, Richmond, VA 23225
Property in Forest View
Sold Feb 22, 2017
$129,900
$127,546 by Alcova Mortgage Llc
Mortgage
Sold Sep 22, 2016
$60,000
Local assessors in Richmond, VA have categorized 5104 Clarence Street as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 7,700 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. 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 5104 Clarence Street has a total of 864 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 none system. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. 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 plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5104 Clarence Street sold most recently in Feb 15, 2017 for a total of $129,900. If you work out the math, that's approximately a cost of $150.35 per sqft. Before that, the property was also sold for $60,000 in Sep 16, 2016. 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 $2,424 in taxes each year. 5104 Clarence Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $202,000. If we break it down further, the land itself was valued at $37,000. Improvements to the property, however, were assessed at a total of $165,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1950
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • 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: 7,700
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 550
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: B HOLMES HEIGHTS
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLMES HGTS L3 BB SB 0055.00X0140.00 0000.000

Ownership

  • Current Owner : GUTIERREZ REYNA B
  • Previous Owner : Home-Aid Rva Llc A Virginia Limited Liab
  • Owner Before Previous Owner: HORNE DAVID R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 060600

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 404
  • Parcel: S-006-0369-010
  • Municipality: SOUTHWEST
  • Latitude: 37.5196
  • Longitude: -77.4924

    Address

  • Full Address: 5104 Clarence St
  • Address - House Number: 5104
  • Address - Street Name: Clarence
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C023
  • 4-Digit Zip Code: 4429
  • Zip Code: 23225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,424

    Appraisal Valuation

  • Standard Deviation: 0.2375
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 66
  • Final Value: 275,924
  • High Value: 341,465
  • Low Value: 210,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,546
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 22, 2017
  • First Open Lien Mortgage Loan Amount: $127,546
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $202,000
  • Market Land Value: $37,000
  • Market Improvement Value: $165,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,000
  • Assessed Land Value: $37,000
  • Assessed Improvements Value: $165,000

    Sales

  • Current Sale Contract Date: Feb 15, 2017
  • Current Sale Recording Date: Feb 22, 2017
  • Current Sale Transaction ID: 1982856640
  • Current Sale Price: $129,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 170003583
  • Previous Sale Recording Date: Sep 22, 2016
  • Previous Sale Contract Date: Sep 16, 2016
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 22, 2017
  • First Mortgage Loan Amount: $127,546
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5104 Clarence Street located in?
The 5104 Clarence Street is a located in the neighborhood of Forest View in Westover Hills - Forest Hill Park, Richmond.
What is the average sales price for listings in 5104 Clarence Street?
The average sales price for units in 5104 Clarence Street is $0 currently.

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