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3124 Bute Ln; Richmond, VA Property Details

3124 Bute Ln, Richmond, VA is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 3124 Bute Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,311 square feet. The lot size of 3124 Bute Ln is 10,890 square feet.

Off market
3124 Bute Ln Richmond, VA 23221
$520,000 Estimated Value
3 Beds
2.5 Baths
2,311 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1950
  • Purchase Price: $750,000
  • Open Loans / Balance: 1 / $497,987
  • Est. Equity / %: $241,013 / 32.61%
  • Gross Yield: 8.072%
  • APN: W-000-1325-047
  • Situs County: Richmond City
  • Length Of Ownership: 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Wood
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Roll Composition
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,311/SqFt
  • Lot: 10,890/SqFt
  • Living: 2,311/SqFt
  • Basement: 140/SqFt
  • Building: 2,311/SqFt
  • Ground: 1,875/SqFt
  • Basement Finished: 140/SqFt
  • Price Per Square Foot: $324.53

Legal Description

  • Description: L W BATES L8PT7; 0084.66X0152.05 IRG0000.000
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: 37.54207 / -77.48836
  • Property Class: Residential
  • Zoning: R-4 SINGLE
  • County Use Code: 115

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3903
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Heat Pump

Ownership Info

3124 Bute Ln has no associated ownership info
3124 Bute Ln has no associated ownership info.

Taxes

3124 Bute Ln has 10 associated Taxes items

3124 Bute Ln, 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 $520,000. The APN we've located for 3124 Bute Ln is W-000-1325-047.

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Taxes
  • Assessed Value:  $520,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  W-000-1325-047
  • Assessed Land Value:  225000
  • Market Land Value:  225000
  • Tax Amount:  6240
  • Tax Year:  2026
  • Market Value:  520000
  • Market Year:  2026

Tax History

3124 Bute Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $520,000 Land Value $225,000 Improvement Value $295,000 Tax Amount $6,240 Change Rate +0.023622% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,096 Change Rate +0.022133% Assessed CR Tax Rate
Year 2024 Assessed Value $497,000 Land Value $225,000 Improvement Value $272,000 Tax Amount $5,964 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $483,000 Land Value $225,000 Improvement Value $258,000 Tax Amount $5,964 Change Rate +0.078091% Assessed CR Tax Rate +0.012348%
Year 2022 Assessed Value $461,000 Land Value $225,000 Improvement Value $236,000 Tax Amount $5,532 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $438,000 Land Value $200,000 Improvement Value $238,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $414,000 Land Value $100,000 Improvement Value $314,000 Tax Amount $4,968 Change Rate +0.061538% Assessed CR Tax Rate +0.012%
Year 2019 Assessed Value $390,000 Land Value $100,000 Improvement Value $290,000 Tax Amount $4,680 Change Rate +0.147059% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $340,000 Land Value $100,000 Improvement Value $240,000 Tax Amount $4,080 Change Rate Assessed CR Tax Rate +0.012%
Year 2017 Assessed Value $321,000 Land Value $100,000 Improvement Value $221,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $309,000 Land Value $100,000 Improvement Value $209,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $308,000 Land Value $100,000 Improvement Value $208,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $308,000 Land Value $105,000 Improvement Value $203,000 Tax Amount $3,696 Change Rate Assessed CR Tax Rate +0.012%