NOT LISTED FOR SALE

1400 Grove Ave Unit 5 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $454,443

2 Beds
1.5 Baths
1,402 Sq Ft
1,268 Sq Ft Lot

Sale Details

Date Sold: November 14, 2023

Last sale price $399,000 $285 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,219 / mo

2 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Elevator
  • Open High School Rated A+
  • Granite Countertops
  • 3-minute walk to Sydney Park

About This Home

As of November 2023

Located in Richmond’s Historic Fan District, this 2-bedroom, 1.5 bath second floor condominium with elevator access has deeded off-street parking for 2 cars! This sun-filled corner unit with 6’ windows and 10' ceilings features stained glass transom entrance to Unit 5, beautifully restored hardwood floors throughout; an open kitchen with granite, raised bar, stainless appliances and gas cooking; open dining and living areas; a full size laundry area and a utility room with built-in cabinets. The primary bedroom with attached full bath has two closets, hardwood floors, and ceiling fan. The building has controlled, secure access and additional secured storage in the basement. You are just steps away from some of the finest dining in Richmond, museums, parks, Altria Theatre, The Virginia Museum of Fine Arts (VMFA), and VCU’s Monroe Park campus. Showings start this Thursday, October 12th. Enjoy carefree living at its best. Welcome Home!

Last Agent to Sell the Property

Rhonda Everett

Everett Properties Inc. License #0225079688 Listed on: 10/08/2023

Last Buyer's Agent

Molly Jarvis

Samson Properties License #0225247023

Samson Properties
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1881

Lot Details

  • 1,268

HOA Fees

  • $362 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 1,402 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Thermal Windows
  • Dining Area
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Off-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet

Additional Features

  • Wrap Around Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number W000-0528-036

Community Details

Amenities

  • Common Area
  • Elevator
  • Community Storage Space

Additional Features

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,600

Year Built

Built in 1881

Lot Details

1,268 Sq Ft Lot

HOA Fees

$362 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1881
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0291
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooking, Disposal, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Granite Counters, High Speed Internet, Bath in Primary Bedroom, Pantry, Wired for Data
  • Living Area: 1402.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Wrap Around, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Elevator, Home Owners Association, Public Transportation, Storage Facilities
  • Amenities: Management
  • Association Fee: 362.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0528-036
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3600.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Nov 7, 2023
Sold by
Bought by
Seller's Agent
Rhonda Everett
Everett Properties Inc.
Buyer's Agent
Molly Jarvis
Samson Properties
List Price
$399,000
Sold Price
$399,000
Views
40
Current Estimated Value
$454,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,443
Avg. Annual Appreciation
4.85%
Original Mortgage
$194,000
Outstanding Balance
$188,908
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$265,535

Purchase Details

Closed on
Jul 22, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,770
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 2, 2015
Sold by
Bought by
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
4.02%

Purchase Details

Closed on
May 13, 2011
Sold by
Bought by

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
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$399,000 Fidelity National Title
-- None Available
$297,000 Attorney
$269,000 --
$305,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $194,000
Previous Owner $261,770
Previous Owner $242,100
Previous Owner $244,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2023 11/14/23 Sold $399,000 0.0% $285 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $399,000 +34.3% $285 / Sq Ft
11/06/2015 11/06/15 Sold $297,000 -1.0% $212 / Sq Ft View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,368 $364,000 $60,000 $304,000
2025 $3,600 $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
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: 2324619

Central Virginia Regional MLS

APN: W000-0528-036

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