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516 Ridge Top Road

516 Ridge Top Road, Henrico, VA 23229
Property in Henrico
Sold Apr 08, 2020
$541,000
$360,000 by Caliber Home Loans Inc
Mortgage
516 Ridge Top Road has been categorized by the local assessors in Henrico, VA as a residential type of property. The building on the property was first built in 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 516 Ridge Top Road has 2,201 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 843 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 14,628 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 underground or in the basement for those who require parking. The garage measured 360 sqft. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of slate. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 516 Ridge Top Road was last sold in Mar 17, 2020 for $541,000. According to our calculations, that's $245.80 per sqft. Current property owners are expected to pay $6,030 in taxes per year. The property on 516 Ridge Top Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $709,400. To break that down further, the land itself was valued at $175,000. While improvements to the property were assessed at a total of $534,400. 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. 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. 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: 1957
  • Effective Year Built: 1985
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Slate
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 843
  • Garage Type: Underground/basement
  • Garage Square Area: 360
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 14,628
  • Lot Size Depth Feet: 1,580
  • Total Building Area: 2,201
  • Gross Building Area: 4,402
  • Building Area: 2,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLLEGE HILLS
  • Land Acres: 0.335
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0101200000C 0009; COLLEGE HILLS SC 2 BL C LT 9 94 B1 50

Ownership

  • Current Owner : JONES ANDREW L
  • Current Owner 2: JONES SARAH BARR
  • Previous Owner : REGAN PEGGY GIBSON

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200202

Zoning

  • Zoning: R-3

Geography

  • Account Number: RE0920002
  • District: TUCKAHOE
  • Parcel: 761-738-6937
  • Lot: 9,94
  • Municipality: TUCKAHOE
  • Latitude: 37.586
  • Longitude: -77.5379

    Address

  • Full Address: 516 Ridge Top Rd
  • Address - House Number: 516
  • Address - Street Name: Ridge Top
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Henrico
  • Carrier Code: C028
  • 4-Digit Zip Code: 6936
  • Zip Code: 23229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,030

    Appraisal Valuation

  • Standard Deviation: 0.1425
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 83
  • Final Value: 752,419
  • High Value: 859,712
  • Low Value: 645,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: $709,400
  • Market Land Value: $175,000
  • Market Improvement Value: $534,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $709,400
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $534,400

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Apr 08, 2020
  • Current Sale Transaction ID: 11754461672
  • Current Sale Price: $541,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000012332

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Apr 08, 2020
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Tuckahoe



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Frequently Asked Questions

What neighborhood is 516 Ridge Top Road located in?
The 516 Ridge Top Road is a located in the neighborhood of Henrico in Tuckahoe, Henrico.
What is the average sales price for listings in 516 Ridge Top Road?
The average sales price for units in 516 Ridge Top Road is $0 currently.

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