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1418 Lorraine Ave; Richmond, VA Property Details

1418 Lorraine Ave, Richmond, VA is a Single Family that was built in 1937. This property is currently a cash purchase and is not for sale. Our records show that 1418 Lorraine Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,728 square feet. The lot size of 1418 Lorraine Ave is 7,013 square feet.

Off market
1418 Lorraine Ave Richmond, VA 23227
$390,000 Listing Price
3 Beds
2.5 Baths
1,728 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1937
  • Purchase Price: $390,000
  • Open Loans / Balance: 1 / $65,231
  • Est. Equity / %: $601,769 / 90.22%
  • Gross Yield: 7.058%
  • APN: N-017-0181-027
  • Situs County: Richmond City
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: B-
  • Roof Type: Hip
  • Porch Type: Open
  • Roof Cover Type: Slate
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,728/SqFt
  • Lot: 7,013/SqFt
  • Garage: 320/SqFt
  • Living: 1,728/SqFt
  • Basement: 720/SqFt
  • Building: 1,728/SqFt
  • Ground: 896/SqFt
  • Basement Unfinished: 720/SqFt
  • Price Per Square Foot: $225.69

Legal Description

  • Description: BELLEVUE COURT L27 BG; 0050.00X0140.00 0000.161 AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Richmond City Public Schools
  • Lat / Lon: 37.595684 / -77.45889
  • Subdivision: Bellevue Court
  • Property Class: Residential
  • Zoning: R-5 SINGLE
  • County Use Code: 120

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3735
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $25
  • H O A Amount: $25
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

1418 Lorraine Ave has no associated ownership info
1418 Lorraine Ave has no associated ownership info.

Taxes

1418 Lorraine Ave has 10 associated Taxes items

1418 Lorraine Ave, Richmond, VA pays taxes in Richmond City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $543,000. The APN we've located for 1418 Lorraine Ave is N-017-0181-027.

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Taxes
  • Assessed Value:  $543,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  N-017-0181-027
  • Assessed Land Value:  105000
  • Market Land Value:  105000
  • Tax Amount:  6516
  • Tax Year:  2026
  • Market Value:  543000
  • Market Year:  2026

Tax History

1418 Lorraine Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $543,000 Land Value $105,000 Improvement Value $438,000 Tax Amount $6,516 Change Rate +0.054369% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,180 Change Rate +0.06405% Assessed CR Tax Rate
Year 2024 Assessed Value $484,000 Land Value $90,000 Improvement Value $394,000 Tax Amount $5,808 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $424,000 Land Value $90,000 Improvement Value $334,000 Tax Amount $5,808 Change Rate +0.241026% Assessed CR Tax Rate +0.013698%
Year 2022 Assessed Value $390,000 Land Value $75,000 Improvement Value $315,000 Tax Amount $4,680 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $376,000 Land Value $68,000 Improvement Value $308,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $364,000 Land Value $65,000 Improvement Value $299,000 Tax Amount $4,368 Change Rate +0.019608% Assessed CR Tax Rate +0.012%
Year 2019 Assessed Value $357,000 Land Value $65,000 Improvement Value $292,000 Tax Amount $4,284 Change Rate +0.538793% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $232,000 Land Value $65,000 Improvement Value $167,000 Tax Amount $2,784 Change Rate Assessed CR Tax Rate +0.012%
Year 2017 Assessed Value $227,000 Land Value $60,000 Improvement Value $167,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $217,000 Land Value $55,000 Improvement Value $162,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $211,000 Land Value $55,000 Improvement Value $156,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $208,000 Land Value $55,000 Improvement Value $153,000 Tax Amount $2,496 Change Rate Assessed CR Tax Rate +0.012%