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9518 Chipping Drive

9518 Chipping Drive, Richmond, VA 23237
Property in Chesterfield
Sold Jun 26, 2018
$195,250
$191,713 by Towne First Mortgage
Mortgage
Sold Jan 20, 2006
$183,000
$146,400 by 1st American
Mortgage
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Local assessors in Richmond, VA have categorized 9518 Chipping Drive as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 10,629 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 9518 Chipping Drive has a total of 1,524 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. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 432 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back 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 frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of composition shingle. Lots of wood siding 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 air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 9518 Chipping Drive sold most recently in Jun 15, 2018 for a total of $195,250. If you work out the math, that's approximately a cost of $128.12 per sqft. Before that, the property was also sold for $183,000 in Jan 18, 2006. 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 $2,353 in taxes each year. 9518 Chipping Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $255,800. If we break it down further, the land itself was valued at $53,000. Improvements to the property, however, were assessed at a total of $202,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1986
  • Effective Year Built: 1986
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Floating floor/laminate
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,629
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,524
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SALEM WOODS
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SALEM WOODS L 9 BK O SEC G

Ownership

  • Current Owner : MARTINEZ ANA M
  • Previous Owner : GONZALEZ CARLOS V
  • Previous Owner 2: FERNANDEZ MIRNA P
  • Owner Before Previous Owner: HOYLER JOHN T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100816

Zoning

  • Zoning: R7 - SINGL

Geography

  • Account Number: 397450001
  • District: 03
  • Section: G
  • Parcel: 779-66-56-12-700-000
  • Block: O
  • Lot: 9
  • Municipality: DALE
  • Latitude: 37.3848
  • Longitude: -77.4787

    Address

  • Full Address: 9518 Chipping Dr
  • Address - House Number: 9518
  • Address - Street Name: Chipping
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: North Chesterfield
  • Carrier Code: R019
  • 4-Digit Zip Code: 3841
  • Zip Code: 23237

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,353

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 78
  • Final Value: 300,537
  • High Value: 351,441
  • Low Value: 249,634

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $198,594
  • First Open Lien Mortgage Lender: TOWNE FIRST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 26, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $191,713
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Sep 22, 2022
  • Second Open Lien Mortgage Loan Amount: $6,881
  • Second Open Lien Mortgage Term: 309
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $255,800
  • Market Land Value: $53,000
  • Market Improvement Value: $202,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,800
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $202,800

    Sales

  • Current Sale Contract Date: Jun 15, 2018
  • Current Sale Recording Date: Jun 26, 2018
  • Current Sale Transaction ID: 11476933839
  • Current Sale Price: $195,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018023267
  • Previous Sale Recording Date: Jan 20, 2006
  • Previous Sale Contract Date: Jan 18, 2006
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE FIRST MORTGAGE
  • First Mortgage Transaction Date: Jun 26, 2018
  • First Mortgage Loan Amount: $191,713
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: 1ST AMERICAN
  • Previous Mortgage Transaction Date: Jan 20, 2006
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $146,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Chesterfield



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Nearby Rentals

Unit for rent at 5411 Old Warson Drive, North Chesterfield, VA, 23237

$2,000 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,248 ft²
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Frequently Asked Questions

What neighborhood is 9518 Chipping Drive located in?
The 9518 Chipping Drive is a located in the neighborhood of Chesterfield in Chesterfield, Richmond.
What is the average sales price for listings in 9518 Chipping Drive?
The average sales price for units in 9518 Chipping Drive is $0 currently.

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