NOT LISTED FOR SALE

1400 Grove Ave Unit 5 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $429,000 - $443,000

2 Beds
1.5 Baths
1,402 Sq Ft
$299/mo HOA Fee

Last Sold November 06, 2015

Last sale price $297,000 $212 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,957/month

27 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Central Air
  • Open High School Rated A+
  • Controlled Access
  • 3-minute walk to Lombardy & Park Avenue Triangle

About This Home

As of November 2015

Spacious, sun-filled condominium in one of the Fan District’s premier luxury condominium communities offers carefree city living at its finest. Live steps away from the best Richmond restaurants, galleries, parks, the VMFA and Altria Theatre, and the VCU Monroe Park campus. Walk, cycle or catch a bus to work downtown; stroll to 3 terrific neighborhood groceries; relax or entertain on the veranda. This second floor corner Unit features deeded off-street parking for 2 cars, beautifully restored hardwood floors, 10’ ceilings, ample closets & storage, spectacular sunrises and sunsets through 6’ windows. The open kitchen, dining and living room areas are ideal for indoor entertaining. There are 2 large bedrooms, 1.5 baths, laundry room with full size W/D, and large utility room with built-in cabinets. The building has controlled, secure access; transferable tax abatement; additional private, secured storage in the basement. Online marketing estimates may not accurately represent the value due to tax abatement and omission of recent sales comps.

Last Agent to Sell the Property

Susan Sadid

The Steele Group License #0225206559 Listed on: 09/04/2015

The Steele Group

Last Buyer's Agent

Nicole Taylor

Estate Realty Group License #0225079819

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1881 | Remodeled

Lot Details

  • 1,263

HOA Fees

  • $299 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Plaster

Interior Spaces

  • 1,402 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • City Views
  • Stacked Washer and Dryer

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Shared Basement
  • Basement Storage

Parking

  • No Garage
  • Assigned Parking

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Additional Features

  • Accessible Elevator Installed
  • Block Wall Fence

Community Details

  • Community Storage Space
  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number W0000528036

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,640

Year Built

Built in 1881 | Remodeled

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1881
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Common Basement, Storage Space, Unfinished
  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Water Heater, Gas Cooking, Refrigerator, Stove
  • Accessibility Features: Accessible Elevator Installed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1402.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Fencing: Wall
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Drywall, Plaster
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Stacked
  • Security: Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Elevator, Home Owners Association, Storage Facilities
  • Association Fee: 299.29
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Reserve Fund, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W0000528036
  • Zoning Description: R-6 Single Family Attached
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2640.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Boutwell Justin
Bought by
Carden Roger E and Carden Margaret H
Current Estimated Value
$437,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Outstanding Balance
$190,609
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$247,355

Purchase Details

Closed on
Jul 22, 2020
Sold by
Boutwell Justin and Boutwell Ashley
Bought by
Boutwell Justin

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 2, 2015
Sold by
Henley Wendy
Bought by
Boutwell Justin and Boutwell Ashley
Seller's Agent
Susan Sadid
The Steele Group
Buyer's Agent
Nicole Taylor
Estate Realty Group
List Price
$300,000
Sold Price
$297,000
Premium/Discount to List
-$3,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
May 13, 2011
Sold by
Buholtz Ben A
Bought by
Henley Wendy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,100
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2008
Sold by
1400 Grove Ave Llc
Bought by
Buholtz Ben A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carden Roger E $399,000 Fidelity National Title
Boutwell Justin -- None Available
Boutwell Justin $297,000 Attorney
Henley Wendy D $269,000 --
Buholtz Ben A $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carden Roger E $194,000
Previous Owner Henley Wendy D $242,100
Previous Owner Buholtz Ben A $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $297,000 -1.0% $212 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $300,000 -- $214 / 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 $4,032 $336,000 $60,000 $276,000
2024 $3,600 $300,000 $60,000 $240,000
2023 $3,600 $300,000 $60,000 $240,000
2022 $3,600 $300,000 $60,000 $240,000
2021 $3,456 $300,000 $60,000 $240,000
2020 $3,456 $288,000 $60,000 $228,000
2019 $3,264 $272,000 $60,000 $212,000
2018 $2,928 $244,000 $60,000 $184,000
2017 $2,820 $235,000 $60,000 $175,000
2016 $2,130 $235,000 $60,000 $175,000
2015 $1,440 $220,000 $60,000 $160,000
2014 $1,440 $235,000 $60,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1524885

Central Virginia Regional MLS

APN: W000-0528-036