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947 Wheelwood Way

947 Wheelwood Way, Richmond, VA 23223
Property in Henrico
Sold May 17, 2004
$174,000
Buyer
Seller
$156,600 by Suntrust Mortgage Inc
Mortgage
Sold Apr 07, 1998
$147,500
$151,600 by Allied Bancshares Mortgage Gro
Mortgage
Local assessors in Richmond, VA have categorized 947 Wheelwood Way as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 8,505 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 947 Wheelwood Way has a total of 2,210 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. 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 264 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 947 Wheelwood Way was last sold in May 17, 2004 for $174,000. According to our calculations, that's $78.73 per sqft. Prior to that sales transaction, the property was sold for $147,500 in Jan 1, 1970. Current property owners are expected to pay $2,500 in taxes per year. The property on 947 Wheelwood Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $294,100. To break that down further, the land itself was valued at $55,000. While improvements to the property were assessed at a total of $239,100. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1998
  • Effective Year Built: 2006
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,505
  • Total Building Area: 2,210
  • Gross Building Area: 2,981
  • Building Area: 2,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,210
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HUNTWOOD
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0140040000B 0011; HUNTWOOD SC B BL B LT 11 8 A1 8

Ownership

  • Current Owner : KING THELMA
  • Previous Owner : SECY OF V A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 201104

Zoning

  • Zoning: R-3

Geography

  • Account Number: KI1016201
  • District: VARINA
  • Parcel: 808-727-0515
  • Lot: 8,11
  • Municipality: VARINA
  • Latitude: 37.5538
  • Longitude: -77.3784

    Address

  • Full Address: 947 Wheelwood Way
  • Address - House Number: 947
  • Address - Street Name: Wheelwood
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Richmond
  • Carrier Code: C025
  • 4-Digit Zip Code: 2640
  • Zip Code: 23223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,500

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 81
  • Final Value: 345,281
  • High Value: 398,546
  • Low Value: 292,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,600
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 17, 2004
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $156,600
  • 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: $294,100
  • Market Land Value: $55,000
  • Market Improvement Value: $239,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,100
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $239,100

    Sales

  • Current Sale Contract Date: May 17, 2004
  • Current Sale Recording Date: May 17, 2004
  • Current Sale Transaction ID: 1159342570
  • Current Sale Price: $174,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 07, 1998
  • Previous Sale Amount: $147,500
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: May 17, 2004
  • First Mortgage Loan Amount: $156,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: ALLIED BANCSHARES MORTGAGE GRO
  • Previous Mortgage Transaction Date: Apr 07, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $151,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Henrico



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Nearby Rentals

Unit for rent at 823 N 26th Street, Richmond, VA, 23223

$2,495 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,544 ft²
823 N 26th Street, Richmond, VA, 23223 Listing by Jenny Lowenstein

Frequently Asked Questions

What neighborhood is 947 Wheelwood Way located in?
The 947 Wheelwood Way is a located in the neighborhood of Henrico in Henrico, Richmond.
What is the average sales price for listings in 947 Wheelwood Way?
The average sales price for units in 947 Wheelwood Way is $0 currently.

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