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5309 New Kent Road

5309 New Kent Road, Richmond, VA 23225
Property in Westover Hills
Sold Nov 23, 1998
$225,000
$207,258 by Astoria Federal Mortgage
Mortgage
5309 New Kent Road has been categorized by the local assessors in Richmond, VA as a residential type of property. The building on the property was first built in 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 2009. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5309 New Kent Road has 1,998 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 partial basement that is 816 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 linear feet between the front and back of the lot is 1,530 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 12,294 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 detached garage for those who require parking. The garage measured 324 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The building has a hip style roof made of slate. The exterior walls of the building are made of wood siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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. 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, 5309 New Kent Road sold most recently in Jan 1, 1970 for a total of $225,000. If you work out the math, that's approximately a cost of $112.61 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 $8,232 in taxes each year. 5309 New Kent Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $686,000. If we break it down further, the land itself was valued at $125,000. Improvements to the property, however, were assessed at a total of $561,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1947
  • Effective Year Built: 2009
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 816
  • Garage Type: Detached
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,294
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,998
  • Building Area: 1,998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,998
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTOVER HILLS L11 BF SC 0080.00X0153.67 0000.000

Ownership

  • Current Owner : HOLLOWAY JOHN M
  • Current Owner 2: PAIGE E HOLLOWAY B
  • Previous Owner : CLARK STEPHEN E
  • Previous Owner 2: CLARK EILEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 060600

Zoning

  • Zoning: R-3 SINGLE

Geography

  • District: 402
  • Parcel: S-006-0114-011
  • Municipality: SOUTHWEST
  • Latitude: 37.5289
  • Longitude: -77.4929

    Address

  • Full Address: 5309 New Kent Rd
  • Address - House Number: 5309
  • Address - Street Name: New Kent
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Richmond
  • Carrier Code: C014
  • 4-Digit Zip Code: 3031
  • Zip Code: 23225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,232

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 67
  • Final Value: 693,626
  • High Value: 854,892
  • Low Value: 532,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,258
  • First Open Lien Mortgage Lender: ASTORIA FEDERAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 23, 1998
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $207,258
  • 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: $686,000
  • Market Land Value: $125,000
  • Market Improvement Value: $561,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $686,000
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $561,000

    Sales

  • Current Sale Recording Date: Nov 23, 1998
  • Current Sale Transaction ID: 1013171696
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASTORIA FEDERAL MORTGAGE
  • First Mortgage Transaction Date: Nov 23, 1998
  • First Mortgage Loan Amount: $207,258
  • 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 5309 New Kent Road located in?
The 5309 New Kent Road is a located in the neighborhood of Westover Hills in Westover Hills - Forest Hill Park, Richmond.
What is the average sales price for listings in 5309 New Kent Road?
The average sales price for units in 5309 New Kent Road is $0 currently.

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