7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC

$2,198,000
Est. Mortgage /mo

MLS® R2899356

Closed

$2,108,000
Closed at 26 Sep 2024
Listing price: $2,198,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
4 Baths
2 Stories
lot 8198 sqft
3699 sqft
1978 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Prestigious BROADMOOR area custom built deluxe house with south facing backyard, features 4 bedroom + den + sun room, 3.5 bath, 3699 sqft on a 8,198 sqft lot. House needs repair, water damage to kitchen and eating area ceiling and flooring. Close to all amenities. Next door 7880 Penny Lane also for sale.

General Info

Price $2,198,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3699
Lot Size 8198
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1978
Age Of Building 46
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2899356
Area Richmond
Neighbourhood Broadmoor
City Richmond
Gross Taxes $6,829.42
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric, Forced Air

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites None
# of Kitchens 1
Flooring Laminate, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer
Roof Wood

Property History

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Status Date Price
Sold 09-26-2024 $2,198,000
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Listed by: Macdonald Realty Westmar & Macdonald Realty Westmar

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Richmond Secondary School
1.25 km
No Rating
Elementary
W D Ferris Elementary School
0.6 km
No Rating
Elementary
W D Ferris Elementary School
Above Average
0.6 km
Rating 8.3/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St.Paul School
0.58 km
Rating 10/10
Elementary, Secondary
Richmond Christian School
3.68 km
Rating 9.3/10

Closest Transit

Translink
Southbound No. 3 Rd @ Penny Lane
0.1 km

7860 PENNY LANE, Richmond BC V6Y 2Z1 is serviced by W D Ferris Elementary School. The property with listing MLS® R2899356 is located 0.6 km from the school. W D Ferris Elementary School has a rating of No Rating.

This home with address 7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC is also serviced by Richmond Secondary School and located 1.25 km from it. Richmond Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7860 PENNY LANE, Richmond BC V6Y 2Z1 is St.Paul School with School's rating Rating 10/10, located 0.58 km from this home.

The closest to this address 7860 PENNY LANE, Richmond BC V6Y 2Z1 Secondary independent school is Richmond Christian School with School's rating Rating 9.3/10, located 3.68 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 16,909 volation disturbances in this neighbourhood. The overall crime rate near the address - 7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC is 7,826.57. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -3.39%

Drug crime rate next to the listing MLS® R2899356 is High comparing to other neighbourhoods. The illegal substances offences rating is 2,081.96. There were 4,498 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 19.46%

Property crimes in the neighbourhood close to real estate listing for sale 7860 PENNY LANE, Richmond BC V6Y 2Z1 are Average. Property misconduct rating adjacent to MLS® R2899356 is 3,238.66. There were 6,997 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -14.19%

There were 1,986 violent lawbreaking disorders in 2020. 919.25 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is 0.06%

The closest Bus station is Southbound No. 3 Rd @ Penny Lane in 0.1 km away from this listing with - MLS® R2899356.

36.2% of people with university certificate/degree live in this neighbourhood adjacent to the 7860 PENNY LANE, Richmond BC V6Y 2Z1 which is High in comparison with other BC neighbourhoods. 13.2% of population in this neighbourhood that is near the Listing MLS® R2899356 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC is $63898 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2899356 is $20875 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 53.1% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2899356 is 5.1 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 7860 PENNY LANE, Richmond BC V6Y 2Z1 Broadmoor where population change between 2011 and 2016 was -0.6%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC is 3300.9 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 7860 PENNY LANE, Richmond BC V6Y 2Z1 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2899356 is 71.9% and it is High. % of Married or living common law is around 61.9% and it is Above Average.

Average age of the population close to the 7860 PENNY LANE, Richmond BC V6Y 2Z1 is 42.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC is $1562970 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7860 PENNY LANE, Richmond BC V6Y 2Z1. $1900 owners spent in average for the dwelling. Tenants are paying $1666 in this district close to MLS® R2899356 and it is High comparing to other cities.

10.6% of Population in this district near the 7860 PENNY LANE, Richmond BC V6Y 2Z1 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC is 4%, it is Low, % of English speakers only is 80.7% and Below Average. % of Neither English nor French speakers close to home for sale 7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC is 15.2% and it is High comparing to other BC cities.

15.3% of all population in the area around this property with the address 7860 PENNY LANE, Richmond BC V6Y 2Z1, Richmond, BC using Public Transport which is Above Average, 78% of using population are using Cars around MLS® R2899356, which is Below Average. 1% of people using Bicycles around the 7860 PENNY LANE, Richmond BC V6Y 2Z1 and it is Average. 4% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,198,000
Richmond $2,024,999
Broadmoor No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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