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5116 Shimmering Place

5116 Shimmering Place, Glen Allen, VA 23060
Property in Henrico
Sold May 20, 2021
$539,430
$90,000 by Virginia Credit Union Inc
Mortgage
Sold Apr 20, 2017
$562,918
$394,042 by George Mason Mortgage Llc
Mortgage
5116 Shimmering Place has been categorized by the local assessors in Glen Allen, VA as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5116 Shimmering Place has 3,572 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 finished improved basement that is 1,628 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 area measurement of the land has been determined as 14,968 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 garage for those who require parking. The garage measured 553 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 5116 Shimmering Place was last sold in May 14, 2021 for $539,430. According to our calculations, that's $151.02 per sqft. Prior to that sales transaction, the property was sold for $562,918 in Apr 14, 2017. Current property owners are expected to pay $4,984 in taxes per year. The property on 5116 Shimmering Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $586,400. To break that down further, the land itself was valued at $165,000. While improvements to the property were assessed at a total of $421,400. 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: 2017
  • Effective Year Built: 2017
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,628
  • Garage Type: Garage
  • Garage Square Area: 553
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 14,968
  • Total Building Area: 3,572
  • Gross Building Area: 6,103
  • Building Area: 3,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEREDITH BRANCH ESTATES
  • Land Acres: 0.343
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 00390A0000 0013; MEREDITH BRANCH ESTATES SC 1 BL A LT 19

Ownership

  • Current Owner : DANG DIEU
  • Current Owner 2: LE UYEN V
  • Previous Owner : THE KITTRELL CO
  • Owner Before Previous Owner: Nvr Inc A Virginia Corporation
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200414

Zoning

  • Zoning: R-3C

Geography

  • District: BROOKLAND
  • Parcel: 758-765-7265
  • Lot: 19
  • Municipality: BROOKLAND
  • Latitude: 37.6611
  • Longitude: -77.5472

    Address

  • Full Address: 5116 Shimmering Pl
  • Address - House Number: 5116
  • Address - Street Name: Shimmering
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Glen Allen
  • Carrier Code: R007
  • 4-Digit Zip Code: 2874
  • Zip Code: 23060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,984

    Appraisal Valuation

  • Standard Deviation: 0.1398
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 83
  • Final Value: 666,507
  • High Value: 759,685
  • Low Value: 573,328

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: VIRGINIA CREDIT UNION INC
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $586,400
  • Market Land Value: $165,000
  • Market Improvement Value: $421,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $586,400
  • Assessed Land Value: $165,000
  • Assessed Improvements Value: $421,400

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11836654476
  • Current Sale Price: $539,430
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100025526
  • Previous Sale Recording Date: Apr 20, 2017
  • Previous Sale Contract Date: Apr 14, 2017
  • Previous Sale Amount: $562,918
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA CREDIT UNION INC
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Previous Mortgage Transaction Date: Apr 20, 2017
  • Previous Mortgage Loan Amount: $394,042
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Henrico



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Frequently Asked Questions

What neighborhood is 5116 Shimmering Place located in?
The 5116 Shimmering Place is a located in the neighborhood of Henrico in Henrico, Glen Allen.
What is the average sales price for listings in 5116 Shimmering Place?
The average sales price for units in 5116 Shimmering Place is $0 currently.

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