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514 South Oak Avenue

514 South Oak Avenue, Henrico, VA 23075
Property in Henrico
Sold Jul 11, 2017
$176,400
$173,204 by Virginia Credit Union Inc
Mortgage
Local assessors in Henrico, VA have categorized 514 South Oak Avenue as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 43,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 514 South Oak Avenue has a total of 1,400 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. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 514 South Oak Avenue sold most recently in Jun 30, 2017 for a total of $176,400. If you work out the math, that's approximately a cost of $126.00 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 $2,213 in taxes each year. 514 South Oak Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $257,300. 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 $217,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 2017
  • Effective Year Built: 2017
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,400
  • Gross Building Area: 1,548
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 01550A0000 0020; S OAK AVE AC 1 112.12 FT

Ownership

  • Current Owner : CURTIS JENNIFER
  • Previous Owner : Liberty Homes Inc A Virginia Corporation
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 201205

Zoning

  • Zoning: R-3

Geography

  • District: VARINA
  • Parcel: 822-720-3360
  • Municipality: VARINA
  • Latitude: 37.5354
  • Longitude: -77.329

    Address

  • Full Address: 514 S Oak Ave
  • Address - House Number: 514
  • Street Direction: S
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Henrico
  • Carrier Code: C006
  • 4-Digit Zip Code: 2006
  • Zip Code: 23075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,213

    Appraisal Valuation

  • Standard Deviation: 0.1414
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 83
  • Final Value: 290,775
  • High Value: 331,920
  • Low Value: 249,631

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,204
  • First Open Lien Mortgage Lender: VIRGINIA CREDIT UNION INC
  • First Open Lien Mortgage Recording Date: Jul 11, 2017
  • First Open Lien Mortgage Loan Amount: $173,204
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $257,300
  • Market Land Value: $40,000
  • Market Improvement Value: $217,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,300
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $217,300

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Jul 11, 2017
  • Current Sale Transaction ID: 1590032064
  • Current Sale Price: $176,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201700021668

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA CREDIT UNION INC
  • First Mortgage Transaction Date: Jul 11, 2017
  • First Mortgage Loan Amount: $173,204
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Highland Springs



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Frequently Asked Questions

What neighborhood is 514 South Oak Avenue located in?
The 514 South Oak Avenue is a located in the neighborhood of Henrico in Highland Springs, Henrico.
What is the average sales price for listings in 514 South Oak Avenue?
The average sales price for units in 514 South Oak Avenue is $0 currently.

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