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821 Albemarle Street

821 Albemarle Street, Richmond, VA 23220
Property in Oregon Hill
Local assessors in Richmond, VA have categorized 821 Albemarle Street as a residential type of property. The home was built in 1890 and is 134 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 2,439 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 220 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 2 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 821 Albemarle Street has a total of 2,799 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,426 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. The building has a flat style roof that was made of roll composition. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 821 Albemarle Street sold most recently in Jan 6, 2017 for a total of $400,000. If you work out the math, that's approximately a cost of $142.91 per sqft. Before that, the property was also sold for $368,000 in Jul 1, 2013. 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 $6,240 in taxes each year. 821 Albemarle Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $520,000. If we break it down further, the land itself was valued at $120,000. Improvements to the property, however, were assessed at a total of $400,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20160819
08/19/2016
Studio
-
-
$400,000
bedrooms
Studio
bathrooms
-
$400,000
02/01/2017
George Cumming
Long & Foster REALTORS 12
20130429
04/29/2013
Studio
-
-
$375,000
bedrooms
Studio
bathrooms
-
$368,000 -1.87%
07/18/2013
Remington Rand
Long & Foster REALTORS 12

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1999
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,426
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,439
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 220
  • Total Building Area: 2,799
  • Building Area: 2,799
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,799
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.056
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 0022.17X0110.00 0000.000

Ownership

  • Current Owner : FREEMAN ROBERT N
  • Current Owner 2: FREEMAN MARISSA J
  • Previous Owner : KEMP ARNOLD J
  • Owner Before Previous Owner: ROONEY DERMOT W

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 041200

Zoning

  • Zoning: R-7 SINGLE

Geography

  • District: 505
  • Parcel: W-000-0167-001
  • Municipality: CENTRAL
  • Latitude: 37.5403
  • Longitude: -77.4527

    Address

  • Full Address: 821 Albemarle St
  • Address - House Number: 821
  • Address - Street Name: Albemarle
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C005
  • 4-Digit Zip Code: 6205
  • Zip Code: 23220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,240

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 500,415
  • High Value: 587,075
  • Low Value: 413,754

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Feb 01, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2047

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $120,000
  • Market Improvement Value: $400,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,000
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $400,000

    Sales

  • Current Sale Contract Date: Jan 06, 2017
  • Current Sale Recording Date: Feb 01, 2017
  • Current Sale Transaction ID: 1953431708
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 170002168
  • Previous Sale Recording Date: Jul 18, 2013
  • Previous Sale Contract Date: Jul 01, 2013
  • Previous Sale Amount: $368,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Feb 01, 2017
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 18, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $294,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Fan - Oregon Hill - Carver



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 821 Albemarle Street located in?
The 821 Albemarle Street is a located in the neighborhood of Oregon Hill in Fan - Oregon Hill - Carver, Richmond.
What is the average sales price for listings in 821 Albemarle Street?
The average sales price for units in 821 Albemarle Street is $400,000 currently.

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