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7520 Brook Road

7520 Brook Road, Richmond, VA 23227
Commercial in Henrico
7520 Brook Road in Richmond, VA was first built in 1939 and is 85 years old. This has been categorized as a office property type. There are a total of 2 floors. 7520 Brook Road has 2,232 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. In total, the area measurement of the land is 16,997 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing electric heaters and being fueled with electricity. The property was last sold in Oct 26, 2020 for $235,000. That's $105.29 per sqft. Prior to that sales transaction, the property was also sold in Mar 2, 2009 for $230,000. 7520 Brook Road was last assessed in 2023. The total value of the property was assessed at $242,900. Specifically, the land the property is located on was valued at $76,500. While improvements on the property were assessed at a total of $166,400. 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 $2,065. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190905
09/05/2019
Loft
-
-
$239,000
bedrooms
Loft
bathrooms
-
$235,000 -1.67%
10/27/2020
-
John Stratiou
Full Cycle Real Estate

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 0
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,997
  • Total Building Area: 2,232
  • Gross Building Area: 2,796
  • Building Area: 2,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 2,232
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: STUART RIDGE
  • Land Acres: 0.39
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: 0073020000F 0026; BL F LT 26 & 25 105 A1 2

Ownership

  • Current Owner : MARWAHA COMMERCIALS LLC
  • Previous Owner : FIRST OF VIRGINIA LLC
  • Owner Before Previous Owner: MIDLOTHIAN REAL ESTATE HO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Jan 12, 2024

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 200801

Zoning

  • Zoning: O-2C

Geography

  • Account Number: FI1022106
  • District: FAIRFIELD
  • Parcel: 784-753-4738
  • Municipality: FAIRFIELD
  • Latitude: 37.6267
  • Longitude: -77.4586

    Address

  • Full Address: 7520 Brook Rd
  • Address - House Number: 7520
  • Address - Street Name: Brook
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Richmond
  • Carrier Code: C004
  • 4-Digit Zip Code: 1848
  • Zip Code: 23227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,065

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,750
  • First Open Lien Mortgage Lender: BLUE RIDE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $369,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $242,900
  • Market Land Value: $76,500
  • Market Improvement Value: $166,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,900
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $166,400

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11799455940
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000045470
  • Previous Sale Recording Date: Mar 13, 2009
  • Previous Sale Contract Date: Mar 02, 2009
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA COMMONWEALTH BANK
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $188,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Lakeside



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Frequently Asked Questions

What neighborhood is 7520 Brook Road located in?
The 7520 Brook Road is a commercial located in the neighborhood of Henrico in Lakeside, Richmond.
What is the average sales price for listings in 7520 Brook Road?
The average sales price for units in 7520 Brook Road is $0 currently.

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