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7002 Miami Avenue

7002 Miami Avenue, Richmond, VA 23226
Property in Henrico
Sold Nov 06, 2017
$297,500
$282,625 by Alcova Mortgage Llc
Mortgage
Sold Sep 02, 2005
$249,210
$199,000 by Abn Amro Mtg Group Inc
Mortgage
7002 Miami Avenue in Richmond, VA was first built in 2003 and is 21 years old. Although, the building on the property was most recently renovated and altered in 2011. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial 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 3 partial bathrooms. 7002 Miami Avenue has 1,912 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 600 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 8,258 square feet.

Learn more about the property and building on this page. There is a covered porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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. 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, 7002 Miami Avenue sold most recently in Oct 30, 2017 for a total of $297,500. If you work out the math, that's approximately a cost of $155.60 per sqft. Before that, the property was also sold for $249,210 in Aug 24, 2005. 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 $3,274 in taxes each year. 7002 Miami Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $385,200. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $295,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 2003
  • Effective Year Built: 2011
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,258
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,912
  • Gross Building Area: 2,342
  • Building Area: 1,912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRESTVIEW
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0092070012 0101; CRESTVIEW SC A LT 101 94 A1 10

Ownership

  • Current Owner : BRESSON REGINA J
  • Current Owner 2: RICHARDSON JEFFREY P
  • Previous Owner : MASTERS RICHARD A
  • Owner Before Previous Owner: G G C ASSOCIATES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200303

Zoning

  • Zoning: R-3

Geography

  • Account Number: MA5509251
  • District: TUCKAHOE
  • Parcel: 765-742-0675
  • Lot: 94,101
  • Municipality: TUCKAHOE
  • Latitude: 37.5979
  • Longitude: -77.5261

    Address

  • Full Address: 7002 Miami Ave
  • Address - House Number: 7002
  • Address - Street Name: Miami
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C018
  • 4-Digit Zip Code: 3529
  • Zip Code: 23226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,274

    Appraisal Valuation

  • Standard Deviation: 0.125
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 86
  • Final Value: 443,866
  • High Value: 499,372
  • Low Value: 388,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,625
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 06, 2017
  • First Open Lien Mortgage Loan Amount: $282,625
  • 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: $385,200
  • Market Land Value: $90,000
  • Market Improvement Value: $295,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,200
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $295,200

    Sales

  • Current Sale Contract Date: Oct 30, 2017
  • Current Sale Recording Date: Nov 06, 2017
  • Current Sale Transaction ID: 11295641592
  • Current Sale Price: $297,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201700036234
  • Previous Sale Recording Date: Sep 02, 2005
  • Previous Sale Contract Date: Aug 24, 2005
  • Previous Sale Amount: $249,210
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 06, 2017
  • First Mortgage Loan Amount: $282,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MTG GROUP INC
  • Previous Mortgage Transaction Date: Sep 02, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $199,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Henrico



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Frequently Asked Questions

What neighborhood is 7002 Miami Avenue located in?
The 7002 Miami Avenue is a located in the neighborhood of Henrico in Henrico, Richmond.
What is the average sales price for listings in 7002 Miami Avenue?
The average sales price for units in 7002 Miami Avenue is $0 currently.

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