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524 Montvale Avenue

524 Montvale Avenue, Richmond, VA 23222
Property in Highland Terrace
Sold Jan 22, 2018
$120,000
$116,800 by Southern Trust Mortgage Llc
Mortgage Due Feb 01, 2051
524 Montvale Avenue in Richmond, VA was first built in 1928 and is 96 years old. Although, the building on the property was most recently renovated and altered in 1955. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 524 Montvale Avenue has 1,710 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 basement is 285 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 350 ft and the linear feet between the front and back of the lot is 1,410. In total, the area measurement of the land is 4,961 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 wood control joints. The condition of the building has been evaluated as poor. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 22, 2017 for $120,000. That's $70.18 per sqft. 524 Montvale Avenue was last assessed in 2023. The total value of the property was assessed at $163,000. Specifically, the land the property is located on was valued at $58,000. While improvements on the property were assessed at a total of $105,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,956. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 285
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,961
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,710
  • Building Area: 1,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,710
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSLYN HEIGHTS
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSLYN HEIGHTS L23 BB 0035.00X0141.75 0000.000

Ownership

  • Current Owner : HENEBRY WILLIAM S
  • Previous Owner : ADETUNJI LAVITA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 010800

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 606
  • Parcel: N-000-1047-014
  • Municipality: GATEWAY
  • Latitude: 37.5721
  • Longitude: -77.4254

    Address

  • Full Address: 524 Montvale Ave
  • Address - House Number: 524
  • Address - Street Name: Montvale
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C024
  • 4-Digit Zip Code: 3021
  • Zip Code: 23222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,956

    Appraisal Valuation

  • Standard Deviation: 0.242
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 66
  • Final Value: 260,053
  • High Value: 323,006
  • Low Value: 197,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $116,800
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $116,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $163,000
  • Market Land Value: $58,000
  • Market Improvement Value: $105,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,000
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $105,000

    Sales

  • Current Sale Contract Date: Dec 22, 2017
  • Current Sale Recording Date: Jan 22, 2018
  • Current Sale Transaction ID: 11381218089
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180001315

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 22, 2018
  • First Mortgage Loan Amount: $116,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Northside



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Frequently Asked Questions

What neighborhood is 524 Montvale Avenue located in?
The 524 Montvale Avenue is a located in the neighborhood of Highland Terrace in Northside, Richmond.
What is the average sales price for listings in 524 Montvale Avenue?
The average sales price for units in 524 Montvale Avenue is $0 currently.

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