5509 Millwheel Lane

Local assessors in Henrico, VA have categorized 5509 Millwheel Lane as a residential type of property. The home was built in 2004 and is 20 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 1,686 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 5509 Millwheel Lane has a total of 1,440 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. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Apr 21, 2015 for $162,000. That's $112.50 per sqft. Prior to that sales transaction, the property was also sold in Oct 13, 2011 for $117,496. 5509 Millwheel Lane was last assessed in 2023. The total value of the property was assessed at $243,300. Specifically, the land the property is located on was valued at $48,000. While improvements on the property were assessed at a total of $195,300. 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 $2,068. 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. 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.