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526 South Sheppard Street

526 South Sheppard Street, Richmond, VA 23221
Property in Carillon
Refi Apr 03, 2015
Transfer
$327,000 by Reverse Mortgage Funding Llc
Mortgage Due Feb 15, 2089
Local assessors in Richmond, VA have categorized 526 South Sheppard Street as a residential type of property. The home was built in 1924 and is 100 years old. It was most recently renovated and altered in 1992. The property's lot size has been calculated to be 3,306 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 240 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 526 South Sheppard Street has a total of 2,068 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 782 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 342 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of metal. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $5,508 in taxes each year. 526 South Sheppard Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $459,000. If we break it down further, the land itself was valued at $120,000. Improvements to the property, however, were assessed at a total of $339,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1924
  • Effective Year Built: 1992
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 782
  • Garage Type: Detached
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,306
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,068
  • Building Area: 2,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,068
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.076
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0024.25X0136.33 0000.000

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 041600

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 501
  • Parcel: W-000-1348-031
  • Municipality: CENTRAL
  • Latitude: 37.5485
  • Longitude: -77.4809

    Address

  • Full Address: 526 S Sheppard St
  • Address - House Number: 526
  • Street Direction: S
  • Address - Street Name: Sheppard
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C010
  • 4-Digit Zip Code: 3510
  • Zip Code: 23221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,508

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 545,958
  • High Value: 650,917
  • Low Value: 440,998

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $327,000
  • First Open Lien Mortgage Lender: REVERSE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Apr 03, 2015
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $327,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Feb 15, 2089

    Market Valuation

  • Market Total Value: $459,000
  • Market Land Value: $120,000
  • Market Improvement Value: $339,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,000
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $339,000

About Fan - Oregon Hill - Carver



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Frequently Asked Questions

What neighborhood is 526 South Sheppard Street located in?
The 526 South Sheppard Street is a located in the neighborhood of Carillon in Fan - Oregon Hill - Carver, Richmond.
What is the average sales price for listings in 526 South Sheppard Street?
The average sales price for units in 526 South Sheppard Street is $0 currently.

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