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2540 Elliham Avenue

2540 Elliham Avenue, Richmond, VA 23237
Property in Chesterfield
Sold Oct 28, 2021
$156,000
$153,174 by Fairway Independent Mortgage C
Mortgage
Sold Jan 27, 2021
$80,000
2540 Elliham Avenue has been categorized by the local assessors in Richmond, VA as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2540 Elliham Avenue has 984 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,212 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 336 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing oil and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. 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, 2540 Elliham Avenue sold most recently in Sep 15, 2021 for a total of $156,000. If you work out the math, that's approximately a cost of $158.54 per sqft. Before that, the property was also sold for $80,000 in Jan 25, 2021. 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 $1,492 in taxes each year. 2540 Elliham Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $161,200. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $111,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1964
  • Effective Year Built: 1964
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,212
  • Total Building Area: 984
  • Building Area: 984
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Oil
  • Heated Square Feet: 984
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PATTERSON PARK
  • Land Acres: 0.992
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PATTERSON PARK L 13 BK C

Ownership

  • Current Owner : LUCK JOHN E
  • Current Owner 2: LUCK MYRA T
  • Previous Owner : BECK THOMAS F
  • Previous Owner 2: BECK JOSEPHINE F
  • Owner Before Previous Owner: THE LAST WILL AND TESTAMENT OF RUSSO W R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100404

Zoning

  • Zoning: R7 - SINGL

Geography

  • Account Number: 435470000
  • District: 01
  • Section: 81
  • Parcel: 792-68-00-81-600-000
  • Block: C
  • Lot: 13
  • Municipality: BERMUDA
  • Latitude: 37.425
  • Longitude: -77.4352

    Address

  • Full Address: 2540 Elliham Ave
  • Address - House Number: 2540
  • Address - Street Name: Elliham
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: North Chesterfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1530
  • Zip Code: 23237

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,492

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 78
  • Final Value: 206,860
  • High Value: 241,922
  • Low Value: 171,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,174
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $153,174
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $161,200
  • Market Land Value: $50,000
  • Market Improvement Value: $111,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,200
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $111,200

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11862162668
  • Current Sale Price: $156,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021068986
  • Previous Sale Recording Date: Jan 27, 2021
  • Previous Sale Contract Date: Jan 25, 2021
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $153,174
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Bellwood



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Frequently Asked Questions

What neighborhood is 2540 Elliham Avenue located in?
The 2540 Elliham Avenue is a located in the neighborhood of Chesterfield in Bellwood, Richmond.
What is the average sales price for listings in 2540 Elliham Avenue?
The average sales price for units in 2540 Elliham Avenue is $0 currently.

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