Check Availability

5131 Farmount Terrace

5131 Farmount Terrace, Glen Allen, VA 23059
Property in Henrico
Sold Sep 19, 2016
$612,922
$490,000 by Pnc Mortgage Llc
Mortgage
5131 Farmount Terrace in Glen Allen, VA was first built in 2016 and is 8 years old. Although, the building on the property was most recently renovated and altered in 2017. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5131 Farmount Terrace has 3,052 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.

Learn more about the property and building on this page. There is a covered porch. The roof of the home is made of composition shingle. For those who need parking, there is a garage. The garage is 492 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick. 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. 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, 5131 Farmount Terrace was last sold in Sep 14, 2016 for $612,922. According to our calculations, that's $200.83 per sqft. Current property owners are expected to pay $5,947 in taxes per year. The property on 5131 Farmount Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $699,600. To break that down further, the land itself was valued at $160,000. While improvements to the property were assessed at a total of $539,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2016
  • Effective Year Built: 2017
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 492
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 3,052
  • Gross Building Area: 4,271
  • Building Area: 3,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,052
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREY OAKS VILLAS CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 00170A0000 0012; GREY OAKS VILLAS CONDOMINIUMS PH 19 UN 52

Ownership

  • Current Owner : CLANCY BEVERLY R
  • Previous Owner : EAGLE CONSTRUCTION OF VA LLC A VIRGINIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200147

Zoning

  • Zoning: R-TH

Geography

  • District: THREE CHOPT
  • Parcel: 739-772-0627.052
  • Municipality: THREE CHOPT
  • Latitude: 37.6788
  • Longitude: -77.6163

    Address

  • Full Address: 5131 Farmount Ter
  • Address - House Number: 5131
  • Address - Street Name: Farmount
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Glen Allen
  • Carrier Code: R023
  • 4-Digit Zip Code: 5762
  • Zip Code: 23059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,947

    Appraisal Valuation

  • Standard Deviation: 0.1414
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 83
  • Final Value: 747,241
  • High Value: 852,975
  • Low Value: 641,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: PNC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 19, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $490,000
  • 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: $699,600
  • Market Land Value: $160,000
  • Market Improvement Value: $539,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $699,600
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $539,600

    Sales

  • Current Sale Contract Date: Sep 14, 2016
  • Current Sale Recording Date: Sep 19, 2016
  • Current Sale Transaction ID: 1779605856
  • Current Sale Price: $612,922
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201600030053

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 19, 2016
  • First Mortgage Loan Amount: $490,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Wyndham



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5600 Mulholland Drive, Glen Allen, VA, 23059

$2,719 /mo

  • 3 Beds
  • 2 Baths
  • 1,521 ft²
5600 Mulholland Drive #12312, Glen Allen, VA, 23059 Listing by The Carriage Homes at Wyndham

Frequently Asked Questions

What neighborhood is 5131 Farmount Terrace located in?
The 5131 Farmount Terrace is a located in the neighborhood of Henrico in Wyndham, Glen Allen.
What is the average sales price for listings in 5131 Farmount Terrace?
The average sales price for units in 5131 Farmount Terrace is $0 currently.

Quantcast