9 days on rocket

Sale Pending

5270 New Market Rd, Henrico, VA, 23231

$160,000

41.00 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
MLS #2410317
Lot Size41.00 Acres
StatusSale Pending
(Pending)

About 5270 New Market Rd

PROPERTY IS SUBJECT TO A CONSERVATION EASEMENT HELD BY THE VIRGINIA BOARD OF HISTORIC RESOURCES. KNOWN AS "LITTLE MALVERN HILL" TRACT; ;THIS IS A RECORDED CONSERVATION EASEMENT WHEREAS NO RESIDENTIAL HOME (S) CAN BE CONSTRUCTED ON PROPERTY; THE EASEMENT IS PERPETUAL AND CANNOT BE REMOVED TO THEN DEVELOP SITE. PERMITTED NEW IMPROVEMENTS FOR THIS INVESTMENT PROPERTY ARE FARMING, AGRICULTURAL BUILDINGS/BARNS (NOT TO EXCEED 3000 S.F.), GREENHOUSES. ANY OTHER USE IDEAS. NOTE: THERE MAY BE AN OLD WELL AND SEPTIC TANK ON PROPERTY BUT PURCHASER WILL NEED TO ADDRESS IT'S USE.

Property Details

Property Features

Listing Office:

  • Office Name: Varina & Seelmann Realty
  • Office Phone: (804) 795-1366
  • Listing Agent: Sandra Seelmann

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot: Level, Unimproved Land
  • Lot Size: 41.00 Acres

School Info

Assigned Schools Information:

  • Varina High School, Public Magnet Grades 9-12
  • Elko Middle School, Public District Grades 6-8
  • Varina Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: HEADED EAST ON RT. 5 FROM RICHMOND, PROPERTY IS ON LEFT ABOUT 1/8 MILE PAST WILLIS CHURCH RD.. SIGN UP.

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000

Tax Information:

  • Annual Amount: $157
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Henrico, VA.

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Henrico, VA

City

Med. Sold Price

$379.5K

Med. Price/SqFt

$221

Avg. Days On Market

22

# of Sold Homes

210

5270 New Market Rd vs Henrico

9 DAYS ON ROCKET

-13 Days

$160,000

-$219.5K Less

KEY TAKEAWAY

This property is $219.5K less than the Median Sold Price in Henrico, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2410317

Listing Office:

  • Office Name: Varina & Seelmann Realty
  • Office Phone: (804) 795-1366
  • Listing Agent: Sandra Seelmann

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 9:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$157$18,100
2020$157$18,100
2019$146$18,100
2018$146$16,800
2017$380$43,700

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6409073
4
/10

  • Varina Elementary School

  • 2551 New Market Rd

  • 5.96 miles

  • Public District Grades 3-5

Middle School

school-card-donut-6409074
2
/10

  • Elko Middle School

  • 5901 Elko Rd

  • 7.17 miles

  • Public District Grades 6-8

High School

school-card-donut-6409075
2
/10

  • Varina High School

  • 7053 Messer Rd

  • 8.08 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,458. The most common annual income of people living in Henrico, VA is between $100k-200k. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5270 New Market Rd

What is the listing price of this property?

The listing price of 5270 New Market Rd property is $160,000.

What type of property is this?

The property 5270 New Market Rd is land located in Henrico, Virginia, 23231.

Is this property for sale now?

Sale Pending: 5270 New Market Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5270 New Market Rd are:
Varina Elementary School: GreatSchools Rating 4/10
Elko Middle School: GreatSchools Rating 2/10
Varina High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $157 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5270 New Market Rd is 41.00 acres.
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Rocket Homes›Virginia›Henrico County›Henrico›23231›5270 New Market Rd

This home is located at 5270 New Market Rd in Henrico, VA and zip code 23231. This home sits on a 41.00 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $160,000.

Over 121 listings were sold over their listed price in April 2024 in Henrico, VA. In the same period over 54 listings were sold below the listed price and 33 listings were sold for the listed price. The number of homes for sale in Henrico, VA increased by 11.6% between March 2024 and April 2024. In April 2024 median list price was $379,502 and the average listing age was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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