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513 Chestnut Avenue

513 Chestnut Avenue, Colonial Heights, VA 23834
Property in Colonial Heights
Sold Oct 10, 2018
$120,000
$117,826 by C&f Mortgage Corporation
Mortgage
513 Chestnut Avenue in Colonial Heights, VA was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 513 Chestnut Avenue has 941 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 linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. 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 forced air unit and being fueled with gas. 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, 513 Chestnut Avenue sold most recently in Oct 1, 2018 for a total of $120,000. If you work out the math, that's approximately a cost of $127.52 per sqft. 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 $1,564 in taxes each year. 513 Chestnut Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $130,300. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $90,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1954
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 550
  • Total Building Area: 941
  • Gross Building Area: 941
  • Building Area: 941
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 941
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESTNUT
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUB: CHESTNUT**SECTION: **BLOCK: **LOT: 8

Ownership

  • Current Owner : MCGRATH LUKE C
  • Previous Owner : ALLANSON BRANDON N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Colonial Heights City Public Schools
  • Census Tract: 830500

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP: 45
  • Account Number: 2940
  • Parcel: 45000200008
  • Lot: 8
  • Latitude: 37.2447
  • Longitude: -77.3966

    Address

  • Full Address: 513 Chestnut Ave
  • Address - House Number: 513
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Colonial Heights
  • Carrier Code: C001
  • 4-Digit Zip Code: 3504
  • Zip Code: 23834

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,564

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 71
  • Final Value: 194,782
  • High Value: 235,935
  • Low Value: 153,628

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,826
  • First Open Lien Mortgage Lender: C&F MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Oct 10, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $117,826
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $130,300
  • Market Land Value: $40,000
  • Market Improvement Value: $90,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,300
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $90,300

    Sales

  • Current Sale Contract Date: Oct 01, 2018
  • Current Sale Recording Date: Oct 10, 2018
  • Current Sale Transaction ID: 11521658704
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180001638

    Last Sale Mortgage

  • First Mortgage Lender: C&F MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Oct 10, 2018
  • First Mortgage Loan Amount: $117,826
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Colonial Heights



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Frequently Asked Questions

What neighborhood is 513 Chestnut Avenue located in?
The 513 Chestnut Avenue is a located in the neighborhood of Colonial Heights in Colonial Heights, Colonial Heights.
What is the average sales price for listings in 513 Chestnut Avenue?
The average sales price for units in 513 Chestnut Avenue is $0 currently.

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