Seller's Agent in 2024
Thomas Innes
RE/MAX
(804) 514-7890
22 in this area
84 Total Sales
1418 Grove Ave Richmond, VA 23220
The Fan NeighborhoodEstimated Value: $1,202,000 - $1,499,000
7
Beds
4.5
Baths
4,652
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- City View
- Deck
- Victorian Architecture
- Open High School Rated A+
- Wood Flooring
- 2-minute walk to Lombardy & Park Avenue Triangle
About This Home
As of May 2024One of the Fan's most original houses with a rich and interesting history, this gracious home is offered for the first time since the mid 1970's. Before Monument Avenue became the place to live, there was the Lower End of Grove Avenue where in the 1890's some of Richmond's most expensive homes were constructed for a number of the leading citizens of the City. The First Floor features the original fireplaces (non working) with original mantels and tile surrounds and even original converted gas ceiling chandeliers! Improvements over the years include a working Otis three story elevator, a Mint Julep Sipping Parlor on the side and an updated Kitchen. One of the unusual features is a two story Carriage House with parking, a side potting shed and a second floor game room. There is even a Prohibition era concealed cellar! Great yard and Patio with wonderful morning sun. Lovingly maintained and restored by the current owner, including many original architectural elements, there was a separate bedroom for each of five children and several extra rooms, so you will not run out of space. This is truly a grand home and will be a showplace for any future owner. Please view the two videos to learn more about this special home. LOVE WHERE YOU LIVE!
Last Agent to Sell the Property
RE/MAX Commonwealth Brokerage Email: tom@tominnes.com License #0225107894 Listed on: 03/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,684
Year Built
- Built in 1893 | Remodeled
Lot Details
- Lot Dimensions are 30 x 150
- Privacy Fence
- Back Yard Fenced
Parking
- 1 Car Detached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- On-Street Parking
- Off-Street Parking
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Slate Roof
- Rubber Roof
- Metal Roof
Interior Spaces
- 4,652 Sq Ft Home
- 4-Story Property
- High Ceiling
- 6 Fireplaces
- Decorative Fireplace
- Bay Window
- Separate Formal Living Room
- Dining Area
- City Views
- Unfinished Basement
- Partial Basement
- Home Security System
Kitchen
- Induction Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Parquet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Accessibility Features
Outdoor Features
- Deck
- Patio
- Front Porch
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Utilities
- Zoned Cooling
- Radiator
- Heating System Uses Natural Gas
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Exclusions: 3 Ceiling Lights
- Assessor Parcel Number W000-0528-023
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2024
Closed on
May 28, 2024
Sold by
Bell M Patrick B M and Bell Patrick B
Bought by
1418 Grove Ave Llc
Seller's Agent
Thomas Innes
RE/MAX Commonwealth
Buyer's Agent
Anne Chewning
The Steele Group
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
93
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,165
Avg. Annual Appreciation
12.26%
Original Mortgage
$900,000
Outstanding Balance
$888,690
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$474,475
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1418 Grove Ave Llc | $1,150,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1418 Grove Ave Llc | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2024 05/31/24 | Sold | $1,150,000 | -4.2% | $247 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 03/24/2024 03/24/24 | For Sale | $1,200,000 | -- | $258 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $13,788 | $1,149,000 | $400,000 | $749,000 |
| 2024 | $12,684 | $1,057,000 | $345,000 | $712,000 |
| 2023 | $12,492 | $1,041,000 | $345,000 | $696,000 |
| 2022 | $10,188 | $849,000 | $265,000 | $584,000 |
| 2021 | $9,288 | $780,000 | $225,000 | $555,000 |
| 2020 | $9,288 | $774,000 | $220,000 | $554,000 |
| 2019 | $8,880 | $740,000 | $220,000 | $520,000 |
| 2018 | $8,292 | $691,000 | $200,000 | $491,000 |
| 2017 | $7,896 | $658,000 | $160,000 | $498,000 |
| 2016 | $7,632 | $636,000 | $150,000 | $486,000 |
| 2015 | $7,188 | $610,000 | $150,000 | $460,000 |
| 2014 | $7,188 | $599,000 | $140,000 | $459,000 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Innes
-
Philip Innes
Seller Co-Listing Agent in 2024
Philip Innes
RE/MAX
(804) 357-5371
26 in this area
188 Total Sales
-
Anne Chewning
Buyer's Agent in 2024
Anne Chewning
The Steele Group
(804) 822-2310
12 in this area
27 Total Sales
-
Jeannette Mock
Buyer Co-Listing Agent in 2024
Jeannette Mock
Joyner Fine Properties
(804) 714-6469
12 in this area
98 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2406338
APN: W000-0528-023
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.
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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