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7304 Belmont Stakes Drive

7304 Belmont Stakes Drive, Midlothian, VA 23112
Property in Chesterfield
Sold Feb 16, 2016
$194,900
$110,000 by Virginia Credit Union Inc
Mortgage
Sold Nov 15, 2011
$184,000
$179,335 by Metlife Home Loans
Mortgage
7304 Belmont Stakes Drive in Midlothian, VA was first built in 1991 and is 33 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7304 Belmont Stakes Drive has 1,996 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 13,460 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a gas heating system and 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, 7304 Belmont Stakes Drive sold most recently in Feb 9, 2016 for a total of $194,900. If you work out the math, that's approximately a cost of $97.65 per sqft. Before that, the property was also sold for $184,000 in Oct 7, 2011. 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 $2,970 in taxes each year. 7304 Belmont Stakes Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $323,600. If we break it down further, the land itself was valued at $57,000. Improvements to the property, however, were assessed at a total of $266,600. 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: 1991
  • Effective Year Built: 1991
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,460
  • Total Building Area: 1,996
  • Building Area: 1,996
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Gas
  • Heated Square Feet: 1,996
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRIPLE CROWN
  • Land Acres: 0.309
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRIPLE CROWN SEC 3 000-011

Ownership

  • Current Owner : NELSON DENISE NICOLETTE
  • Previous Owner : GRIFFIN DANIEL
  • Owner Before Previous Owner: JOHNSON TERRY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 101012

Zoning

  • Zoning: R12 - SING

Geography

  • Assessors Map Reference: MB 70 PG 80
  • Account Number: 378344001
  • District: 04
  • Section: 3
  • Parcel: 728-67-07-40-300-000
  • Lot: 11
  • Municipality: MATOACA
  • Latitude: 37.3992
  • Longitude: -77.6537

    Address

  • Full Address: 7304 Belmont Stakes Dr
  • Address - House Number: 7304
  • Address - Street Name: Belmont Stakes
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Midlothian
  • Carrier Code: R043
  • 4-Digit Zip Code: 6408
  • Zip Code: 23112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,970

    Appraisal Valuation

  • Standard Deviation: 0.152
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 81
  • Final Value: 349,482
  • High Value: 402,622
  • Low Value: 296,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: VIRGINIA CREDIT UNION INC
  • First Open Lien Mortgage Recording Date: Feb 16, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $110,000
  • 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: $323,600
  • Market Land Value: $57,000
  • Market Improvement Value: $266,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,600
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $266,600

    Sales

  • Current Sale Contract Date: Feb 09, 2016
  • Current Sale Recording Date: Feb 16, 2016
  • Current Sale Transaction ID: 1441017169
  • Current Sale Price: $194,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016005163
  • Previous Sale Recording Date: Nov 15, 2011
  • Previous Sale Contract Date: Oct 07, 2011
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA CREDIT UNION INC
  • First Mortgage Transaction Date: Feb 16, 2016
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE HOME LOANS
  • Previous Mortgage Transaction Date: Nov 15, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $179,335
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Chesterfield



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Frequently Asked Questions

What neighborhood is 7304 Belmont Stakes Drive located in?
The 7304 Belmont Stakes Drive is a located in the neighborhood of Chesterfield in Chesterfield, Midlothian.
What is the average sales price for listings in 7304 Belmont Stakes Drive?
The average sales price for units in 7304 Belmont Stakes Drive is $0 currently.

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