Score
0North Chesterfield, VA
8406 Scottingham Dr
280K
3 beds
2 baths
1,132 sqft
3 bd • 2 ba • 1,132 sf
This analysis was generated on 2/20/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$280,000
Price/Sq.Ft
$247
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Competitive price per square foot: At $247.35 per square foot, the property is priced competitively compared to the median home value in North Chesterfield, offering potential value for buyers.
• Three bedrooms and two bathrooms: The property offers a functional layout with three bedrooms and two bathrooms, suitable for small families or individuals needing extra space for guests or home offices.
• Detached garage: The presence of a detached garage provides secure parking and additional storage space, a desirable feature for many buyers.
The Bad
• Unknown year built: The absence of this key information makes it difficult to assess the property's condition, potential maintenance needs, and overall value. This increases the risk of unexpected repairs and expenses.
• Lack of property details: The limited description and lack of room details make it challenging to visualize the layout, assess the functionality of the space, and determine if it meets your needs.
• No utility information: Without knowing the types of utilities serving the property (e.g., gas, electric, well, septic), it's impossible to estimate monthly utility costs accurately. This lack of transparency makes budgeting difficult.
The Ugly
• Potential for significant repairs: Given the unknown year built and lack of property details, there is a high likelihood of needing to address deferred maintenance issues. This could include replacing the roof, updating the HVAC system, or repairing structural problems, leading to significant unexpected expenses.
• High ongoing costs: Relatively high property taxes in Chesterfield County, combined with potentially high utility costs and maintenance expenses, could result in significant monthly carrying costs.
• Environmental concerns: Investigate the property's proximity to coal ash ponds and assess any potential environmental risks. Conduct soil testing if necessary. Remediating environmental contamination can be costly.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Investors seeking rental income: With a potential monthly rental income of $2,030 for a 3-bedroom unit in North Chesterfield (based on 2023 data), this property presents an opportunity for positive cash flow. Investors should conduct a thorough comparative market analysis to confirm achievable rental rates in the specific neighborhood.
• Buyers comfortable with potential renovation: Given the unknown build year and lack of property details, this property is best suited for buyers open to undertaking renovations and upgrades to modernize the home and address any deferred maintenance issues. A pre-purchase inspection is essential.
• Buyers seeking a detached garage: The property features a detached garage, which provides secure parking and additional storage space. This appeals to buyers who value these features.
Not For
• Buyers seeking a move-in ready property: With limited information available, it's likely this property requires updates and repairs. Buyers looking for a hassle-free purchase should consider newer or recently renovated homes.
• Buyers with limited budgets: The potential for renovations, combined with relatively high property taxes in Chesterfield County, makes this property less suitable for buyers with strict budget constraints.
• Buyers prioritizing walkability or public transportation: North Chesterfield is generally car-dependent. This property is not ideal for those seeking walkable neighborhoods or convenient access to public transportation.
Demographics
Area Median Income
$88,609
Property History
Price History
Ownership Timeline
$280,000Financed
Sep 13, 2022Rebecca L CondreyZachary C Mahoney, Virginia Le Francois
Warranty Deed
Standard Sale (Purchase/Resales)
$145,000Financed
Jan 6, 2010Hsbc Bank UsaRebecca L Condrey
Special Warranty Deed
Standard Sale (Purchase/Resales)
$125,000Financed
Jul 14, 2005Lisa M GrierBryan Swerdlow
Warranty Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
4.3/10
AverageMiddle
4.0/10
AverageHigh
4.0/10
AverageFinancials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$1,360
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$280,000
Price/sqft
$247
Layout
3 bd•2 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$252,492
10.9%
Your price is 10.9% above average
Median Price
$265,000
5.7%
Based on 6 recent sales
Price per Sq.Ft
$215
15.0%
Your price is 15.0% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 8138 Clovertree Court, Chesterfield, VA 23235 | $235,000 | 1,220 | 3 | 2 | $19322.1% | 2/1/2025 |
| 8606 Middle Road, Chesterfield, VA 23235 | $219,950 | 988 | 2 | 2 | $22310.0% | 12/19/2024 |
| 1532 Rayburn Road, Chesterfield, VA 23235 | $200,000 | 960 | 3 | 2 | $20815.8% | 12/13/2024 |
| 912 Hartford Lane, North Chesterfield, VA 23236 | $320,000 | 1,280 | 3 | 2 | $2501.1% | 11/13/2024 |
| 213 Jade Road, Richmond, VA 23236 | $265,000 | 1,268 | 3 | 2 | $20915.5% | 9/22/2024 |
| 1710 White Cedar Lane, North Chesterfield, VA 23235 | $275,000 | 1,331 | 3 | 2 | $20716.5% | 10/9/2024 |
8138 Clovertree Court, Chesterfield, VA 23235
Price: $235,000
Sq.Ft: 1,220
Beds/Baths: 3/2
$/Sq.Ft:
$19322.1%
Sale Date: 2/1/2025
8606 Middle Road, Chesterfield, VA 23235
Price: $219,950
Sq.Ft: 988
Beds/Baths: 2/2
$/Sq.Ft:
$22310.0%
Sale Date: 12/19/2024
1532 Rayburn Road, Chesterfield, VA 23235
Price: $200,000
Sq.Ft: 960
Beds/Baths: 3/2
$/Sq.Ft:
$20815.8%
Sale Date: 12/13/2024
912 Hartford Lane, North Chesterfield, VA 23236
Price: $320,000
Sq.Ft: 1,280
Beds/Baths: 3/2
$/Sq.Ft:
$2501.1%
Sale Date: 11/13/2024
213 Jade Road, Richmond, VA 23236
Price: $265,000
Sq.Ft: 1,268
Beds/Baths: 3/2
$/Sq.Ft:
$20915.5%
Sale Date: 9/22/2024
1710 White Cedar Lane, North Chesterfield, VA 23235
Price: $275,000
Sq.Ft: 1,331
Beds/Baths: 3/2
$/Sq.Ft:
$20716.5%
Sale Date: 10/9/2024
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