NOT LISTED FOR SALE

1011 E 16th St Richmond, VA 23224

Oak Grove Neighborhood

Estimated Value: $176,000 - $231,000

3 Beds
1 Bath
1,190 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $172,000 $145 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,255/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Built-In Features
  • Forced Air Heating and Cooling System
  • Open High School Rated A+
  • Shed
  • Ceiling Fan

About This Home

As of December 2023

Great opportunity for a buyer or for an investor who wants a proven rent-producer. Freshly painted 3-bedroom, 1-bath with bonus upstairs loft living area. Great counter space and cabinet storage in kitchen and in knee walls. All appliances convey: new laundry hookups and Whirlpool washer/dryer combo 2019. New HVAC system 2019. All new plumbing & piping 2021. New electric Water heater 2023. New roof 2023. Newer vinyl replacement window. Newer toilet and new GFCI in bathroom. 4-piece Ring security system conveys. Oversized carport in back yard, alley access. Crawl space has new full vapor barrier and insulation (2020).

Last Agent to Sell the Property

Carol Beth Buchanan

Shaheen Ruth Martin & Fonville Brokerage Email: info@srmfre.com License #0225055515 Listed on: 10/26/2023

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Issac Abdelmalak

Virginia Capital Realty License #0225208553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1947

Lot Details

  • 4,813 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R-5

Parking

  • Carport

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Crawl Space
  • Storm Doors

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Blackwell Elementary School
  • Boushall Middle School
  • Armstrong High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • Mason Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number S000-0543-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,620

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Property Attached Yn: No
  • Attribution Contact: info@srmfre.com
  • Lot Size Acres: 0.1105
  • Ownership: Individuals
  • Subdivision Name: Mason Park
  • Architectural Style: Cape Cod
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl
  • Basement: Crawl Space
  • Appliances: Dryer, Electric Water Heater, Gas Cooking, Microwave, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s)
  • Living Area: 1190.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Storage, Shed
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Boushall

Lot Info

  • Parcel Number: S000-0543-010
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1620.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Blackwell
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 1, 2023
Sold by
Norman Archer Michael and Grimm Sasha
Bought by
Wanis Sara
Seller's Agent
Carol Beth Buchanan
Shaheen Ruth Martin & Fonville
Buyer's Agent
Issac Abdelmalak
Virginia Capital Realty
List Price
$209,000
Sold Price
$172,000
Premium/Discount to List
-$37,000
-17.7%
Views
59
Current Estimated Value
$200,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,275
Avg. Annual Appreciation
11.92%
Original Mortgage
$136,500
Outstanding Balance
$134,885
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$73,644

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 17, 2019
Sold by
Hawkins Kim T and Page Deron O
Bought by
Archer Michael Norman and Archer Sasha Grishina
Seller's Agent
Woinshet Kassa
Lee Conner Realty & Assoc. LLC
Buyer's Agent
Marilyn Cooke
EXP Realty LLC
List Price
$99,500
Sold Price
$99,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$74,625
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wanis Sara $172,000 First American Title Insurance
Archer Michael Norman $99,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wanis Sara $136,500
Previous Owner Archer Michael Norman $74,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $172,000 -17.7% $145 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $209,000 +110.1% $176 / Sq Ft
10/28/2019 10/28/19 Sold $99,500 0.0% $84 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $99,500 -- $84 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,992 $166,000 $55,000 $111,000
2024 $1,872 $156,000 $45,000 $111,000
2023 $1,620 $135,000 $36,000 $99,000
2022 $1,404 $117,000 $36,000 $81,000
2021 $900 $94,000 $20,000 $74,000
2020 $450 $75,000 $15,000 $60,000
2019 $720 $60,000 $10,000 $50,000
2018 $624 $52,000 $10,000 $42,000
2017 $612 $51,000 $10,000 $41,000
2016 $612 $51,000 $10,000 $41,000
2015 $612 $51,000 $10,000 $41,000
2014 $612 $51,000 $10,000 $41,000
Source: Public Records

Agents Affiliated with this Home

  • Carol Beth Buchanan

    Seller's Agent in 2023

    Carol Beth Buchanan

    Shaheen Ruth Martin & Fonville

    (804) 307-7252

    1 in this area

    52 Total Sales

    Carol Beth Buchanan
    Section Image
  • Issac Abdelmalak

    Buyer's Agent in 2023

    Issac Abdelmalak

    Virginia Capital Realty

    (804) 274-9218

    4 in this area

    201 Total Sales

    Issac Abdelmalak
    Section Image
  • Woinshet Kassa

    Seller's Agent in 2019

    Woinshet Kassa

    Lee Conner Realty & Assoc. LLC

    (804) 737-6075

    1 in this area

    96 Total Sales

    Woinshet Kassa
    Section Image
  • Marilyn Cooke

    Buyer's Agent in 2019

    Marilyn Cooke

    EXP Realty LLC

    (804) 464-8060

    7 Total Sales

    Marilyn Cooke
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2326388

Central Virginia Regional MLS

APN: S000-0543-010

Virginia Richmond City County Richmond 23224 Oak Grove

1011 E 16th St, Richmond, VA

This home is located at 1011 E 16th St, Richmond, VA 23224 since 26 October 2023 and is currently estimated at $200,275, approximately $168 per square foot. This property was built in 1947. 1011 E 16th St is a home located in Richmond City with nearby schools including Blackwell Elementary School, Open High School, and Armstrong High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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