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7 South Addison Street

7 South Addison Street, Richmond, VA 23220
Property in The Fan
Sold Apr 05, 2017
$371,000
$359,040 by Movement Mortgage Llc
Mortgage
Sold Jun 18, 2004
$219,000
$175,200 by First Community Bank
Mortgage
7 South Addison Street in Richmond, VA was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7 South Addison Street has 2,030 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 linear feet across the front of the lot is 260 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 3,900 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a flat style roof made of metal. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. 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 quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood 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 central air conditioning. As for heating, the home is utilizing a hot water heating system 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. 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, 7 South Addison Street was last sold in Mar 21, 2017 for $371,000. According to our calculations, that's $182.76 per sqft. Prior to that sales transaction, the property was sold for $219,000 in May 27, 2004. Current property owners are expected to pay $5,904 in taxes per year. The property on 7 South Addison Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $492,000. To break that down further, the land itself was valued at $180,000. While improvements to the property were assessed at a total of $312,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1900
  • Effective Year Built: 2000
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,900
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 260
  • Total Building Area: 2,030
  • Building Area: 2,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,030
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0026.00X0150.00 0000.000

Ownership

  • Current Owner : JOHNSON WALTER
  • Previous Owner : LITTLE BENJAMIN C
  • Owner Before Previous Owner: GRAVES DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 041100

Zoning

  • Zoning: R-63 MULTI

Geography

  • District: 504
  • Parcel: W-000-0994-034
  • Municipality: CENTRAL
  • Latitude: 37.5498
  • Longitude: -77.4697

    Address

  • Full Address: 7 S Addison St
  • Address - House Number: 7
  • Street Direction: S
  • Address - Street Name: Addison
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C038
  • 4-Digit Zip Code: 5214
  • Zip Code: 23220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,904

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 594,246
  • High Value: 710,627
  • Low Value: 477,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,040
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 05, 2017
  • First Open Lien Mortgage Loan Amount: $359,040
  • 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: $492,000
  • Market Land Value: $180,000
  • Market Improvement Value: $312,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,000
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $312,000

    Sales

  • Current Sale Contract Date: Mar 21, 2017
  • Current Sale Recording Date: Apr 05, 2017
  • Current Sale Transaction ID: 1807116895
  • Current Sale Price: $371,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 170006726
  • Previous Sale Recording Date: Jun 18, 2004
  • Previous Sale Contract Date: May 27, 2004
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 05, 2017
  • First Mortgage Loan Amount: $359,040
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jun 18, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $175,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fan - Oregon Hill - Carver



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7 South Addison Street located in?
The 7 South Addison Street is a located in the neighborhood of The Fan in Fan - Oregon Hill - Carver, Richmond.
What is the average sales price for listings in 7 South Addison Street?
The average sales price for units in 7 South Addison Street is $0 currently.

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