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5302 Gillespie Avenue

5302 Gillespie Avenue, Henrico, VA 23228
Property in Henrico
Sold Aug 11, 2011
$114,000
$91,200 by Bank Of America Na
Mortgage
Local assessors in Henrico, VA have categorized 5302 Gillespie Avenue as a residential type of property. The home was built in 1937 and is 87 years old. It was most recently renovated and altered in 1957. The property's lot size has been calculated to be 12,681 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5302 Gillespie Avenue has a total of 1,242 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. 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. Do you like to entertain? The home has a covered 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. 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 no air conditioning for their cooling system. The home's a space/suspended heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5302 Gillespie Avenue was last sold in Aug 9, 2011 for $114,000. According to our calculations, that's $91.79 per sqft. Current property owners are expected to pay $1,786 in taxes per year. The property on 5302 Gillespie Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $210,100. To break that down further, the land itself was valued at $81,600. While improvements to the property were assessed at a total of $128,500. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1937
  • Effective Year Built: 1957
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 12,681
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,242
  • Gross Building Area: 1,392
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Space/suspended
  • Heated Square Feet: 1,242
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BLOOMINGDALE
  • Land Acres: 0.291
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0095010015 0014; BLOOMINGDALE BL 15 LT 14&15 106 A1 1

Ownership

  • Current Owner : MAY RONALD N
  • Previous Owner : SAMMONS BARBARA J
  • Previous Owner 2: LOWE DELORES A
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200700

Zoning

  • Zoning: R-4

Geography

  • Account Number: SA0665801
  • District: FAIRFIELD
  • Parcel: 783-744-1706
  • Municipality: FAIRFIELD
  • Latitude: 37.6012
  • Longitude: -77.4634

    Address

  • Full Address: 5302 Gillespie Ave
  • Address - House Number: 5302
  • Address - Street Name: Gillespie
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Henrico
  • Carrier Code: C004
  • 4-Digit Zip Code: 6109
  • Zip Code: 23228

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,786

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 81
  • Final Value: 275,005
  • High Value: 315,991
  • Low Value: 234,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,200
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 11, 2011
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $91,200
  • 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: $210,100
  • Market Land Value: $81,600
  • Market Improvement Value: $128,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,100
  • Assessed Land Value: $81,600
  • Assessed Improvements Value: $128,500

    Sales

  • Current Sale Contract Date: Aug 09, 2011
  • Current Sale Recording Date: Aug 11, 2011
  • Current Sale Transaction ID: 1180216338
  • Current Sale Price: $114,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 11, 2011
  • First Mortgage Loan Amount: $91,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 5302 Gillespie Avenue located in?
The 5302 Gillespie Avenue is a located in the neighborhood of Henrico in Lakeside, Henrico.
What is the average sales price for listings in 5302 Gillespie Avenue?
The average sales price for units in 5302 Gillespie Avenue is $0 currently.

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