NOT LISTED FOR SALE

1406 Melton Ave Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $259,912

3 Beds
1 Bath
1,032 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2023

Last sale price $218,500 $212 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,709 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Central Air
  • Open High School Rated A+
  • Front Porch
  • 2-minute walk to Oakwood Playground

About This Home

As of November 2023

Located in Oakwood / Church Hill North just down the street from Oakwood Park, this adorable cottage built in 1920 has been freshly painted inside and out and is ready for new owners. The flowing layout features hardwood floors, replacement windows, central HVAC, and a recently re-coated metal roof. The large fenced backyard creates a great setting for entertaining with plenty of room in the shed for gardening tools. Just a short distance from the James River Park System, Church Hill shopping and dining, and Downtown/VCU, the convenient location just adds even more to this wonderful home.

Last Agent to Sell the Property

Justin Owen

The Steele Group License #0225197051 Listed on: 10/21/2023

The Steele Group

Last Buyer's Agent

Kong Nou

The Steele Group License #0225208218

The Steele Group

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 1920

Lot Details

  • 3,258 Sq Ft Lot
  • Property is Fully Fenced
  • Zoning described as R-5

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Crawl Space
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Water Heater

Community Details

  • East End Subdivision

Listing and Financial Details

  • Assessor Parcel Number E000-1102-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,088

Year Built

Built in 1920

Lot Details

3,258 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Property Attached Yn: No
  • Lot Size Acres: 0.0748
  • Ownership: Individuals
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: East End
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space
  • Appliances: Refrigerator, Stove, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Dining Area
  • Living Area: 1032.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: Fenced, Full
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1102-024
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2088.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

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 21, 2023
Closed on
Nov 9, 2023
Sold by
Werner Michael J and Hershey Caroline W
Bought by
Seller's Agent
Justin Owen
The Steele Group
Buyer's Agent
Kong Nou
The Steele Group
List Price
$200,000
Sold Price
$218,500
Premium/Discount to List
$18,500
9.25%
Views
17
Current Estimated Value
$259,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,412
Avg. Annual Appreciation
6.35%
Original Mortgage
$174,800
Outstanding Balance
$170,123
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$89,789

Purchase Details

Closed on
Jul 2, 2007
Sold by
Moore Thoams
Bought by
Hershey Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Augson Albert
Bought by
Moore Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.83%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oakwood, VA

  • Alyssa Devereaux Real Estate Agent - Compass

    Alyssa Devereaux

    Compass

    (804) 409-4911

    111 Total Sales

    1 in Oakwood

    $215,000 Price

    Alyssa Devereaux
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  • Melanie Lucero Real Estate Agent - Real Broker, LLC

    Melanie Lucero

    Real Broker, LLC

    (442) 245-8121

    74 Total Sales

    1 in Oakwood

    $245,000 Price

    Melanie Lucero
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  • Carrie Akins Real Estate Agent - The Hogan Group Real Estate

    Carrie Akins

    The Hogan Group Real Estate

    (585) 565-6523

    82 Total Sales

    1 in Oakwood

    $114,950 Price

    Carrie Akins
     Section Image
  • David Seibert Real Estate Agent - Real Broker LLC

    David Seibert

    Real Broker LLC

    (804) 477-8355

    413 Total Sales

    12 in Oakwood

    $165K - $721K Price Range

    David Seibert
     Section Image
  • Rick Cox Real Estate Agent - The Rick Cox Realty Group

    Rick Cox

    The Rick Cox Realty Group

    (804) 835-6636

    370 Total Sales

    2 in Oakwood

    $100K - $593K Price Range

    Rick Cox
     Section Image
  • Dave Ludlow Real Estate Agent - EXP Realty, LLC

    Dave Ludlow

    EXP Realty, LLC

    (804) 636-3677

    109 Total Sales

    1 in Oakwood

    $108,000 Price

    Dave Ludlow
     Section Image
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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
$218,500 Sage Title
Hershey Michael $92,000 --
Moore Thomas $51,000 --
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 $174,800
Previous Owner Hershey Michael $73,600
Previous Owner Moore Thomas J $22,000
Previous Owner Moore Thomas $116,000
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
11/22/2023 11/22/23 Sold $218,500 +9.3% $212 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $200,000 -- $194 / 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 $2,904 $242,000 $70,000 $172,000
2025 $2,136 $230,000 $70,000 $160,000
2024 $2,136 $178,000 $70,000 $108,000
2023 $2,088 $174,000 $70,000 $104,000
2022 $1,836 $153,000 $55,000 $98,000
2020 $1,380 $115,000 $35,000 $80,000
2019 $1,164 $97,000 $25,000 $72,000
2018 $1,032 $86,000 $20,000 $66,000
2017 $1,020 $85,000 $20,000 $65,000
2016 $972 $81,000 $20,000 $61,000
2015 $996 $83,000 $20,000 $63,000
2014 $996 $83,000 $20,000 $63,000
Source: Public Records

Agents Affiliated with this Home

  • Justin Owen Real Estate Agent - The Steele Group

    Seller's Agent in 2023

    Justin Owen

    The Steele Group

    (804) 400-5809

    3 in this area

    176 Total Sales

    Justin Owen
    Section Image

  • KN

    Buyer's Agent in 2023

    Kong Nou

    The Steele Group

    (804) 241-3494

    2 in this area

    59 Total Sales

    Kong Nou
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2325425

Central Virginia Regional MLS

APN: E000-1102-024

Virginia Richmond City County Richmond 23223 Oakwood

1406 Melton Ave, Richmond, VA

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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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