NOT LISTED FOR SALE

1509 Confederate Ave Richmond, VA 23227

Laburnum Park Neighborhood

Estimated Value: $1,255,000 - $1,392,625

5 Beds
4.5 Baths
4,404 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $1,002,960 $228 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,348/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Fireplaces
  • Open High School Rated A+
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of March 2021

Welcome to this thoughtfully and meticulously COMPLETELY UPDATED home in Laburnum Park. This rare find offers historic charm, beauty & modern amenities throughout the original home & large (2016) addition. Re-designed to provide great entertaining flow & top of the line finishes, w/ every detail considered & attended to! Downstairs find generous living & dining rooms, a sunroom & side porch, even a bar area w/ sink, dishwasher & wine cooler, all leading to the coveted open kitchen & family room. The kitchen is spacious & beautiful w/ quality stainless appliances, Cambria countertops, a butler’s pantry & a huge island full of storage space. The gracious family room offers a 2nd fireplace, built-in bookcases, room for a dining table & access to the huge, screened porch w/ heaters overlooking a sizable backyard. Upstairs, find 5 bedrooms, 3 w/ attached updated bathrooms. One is a true suite including a walk-in closet w/ built-in shelves & dresser & a bathroom with 2 vanities & huge tile/glass shower. Other features include an upstairs laundry space, mudroom w/ built-in lockers, multiple porches, clean dry basement for storage or extra play space & a garage. Don’t miss this beauty!

Last Agent to Sell the Property

Kelly Blanchard

Nest Realty Group License #0225192706 Listed on: 12/30/2020

Nest Realty Group

Last Buyer's Agent

Tracy Mcguire

The Steele Group License #0225226121

The Steele Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,093

Year Built

  • Built in 1928

Lot Details

  • 0.42 Acre Lot
  • Back Yard Fenced
  • Zoning described as R-2

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 4,404 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Separate Formal Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck

Schools

  • Holton Elementary School
  • Henderson Middle School
  • John Marshall High School

Utilities

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

Community Details

  • Laburnum Park Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number N000-1430-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,093

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1928
  • Property Attached Yn: No
  • Lot Size Acres: 0.4168
  • Ownership: Individuals
  • Subdivision Name: Laburnum Park
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1108.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space, Partial, Walk-Out Access
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Butler's Pantry, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Kitchen Island, Bath in Primary Bedroom, Walk-In Closet(s)
  • Living Area: 4404.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Slate
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Porch
  • Patio And Porch Features: Deck, Screened, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

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

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-1430-004
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7093.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Holton
  • High School: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Feb 15, 2021
Sold by
Rabke Walter W and Rabke Emilie M
Bought by
Groome Harold Vincent
Seller's Agent
Kelly Blanchard
Nest Realty Group
Buyer's Agent
Tracy Mcguire
The Steele Group
List Price
$975,000
Sold Price
$1,002,960
Premium/Discount to List
$27,960
2.87%
Current Estimated Value
$1,340,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,446
Avg. Annual Appreciation
7.31%
Original Mortgage
$752,220
Outstanding Balance
$680,413
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$699,469

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 19, 2016
Sold by
Horvatich Paula K
Bought by
Rabke Walter W and Rabke Emilie M
Seller's Agent
Dennis Garza
Long & Foster REALTORS
Buyer's Agent
Cabell Childress
Long & Foster REALTORS
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$625,500
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Groome Harold Vincent $1,002,960 Attorney
Rabke Walter W $520,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groome Harold Vincent $752,220
Previous Owner Rabke Walter W $200,000
Previous Owner Rabke Walter W $625,500
Previous Owner Horvatich Paula K $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $1,002,960 +2.9% $228 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $975,000 +87.5% $221 / Sq Ft
05/31/2016 05/31/16 Sold $520,000 0.0% $200 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $520,000 -- $200 / 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 $14,484 $1,207,000 $210,000 $997,000
2024 $13,860 $1,155,000 $200,000 $955,000
2023 $13,224 $1,102,000 $180,000 $922,000
2022 $12,108 $1,009,000 $135,000 $874,000
2021 $8,808 $735,000 $120,000 $615,000
2020 $7,093 $734,000 $120,000 $614,000
2019 $6,479 $683,000 $110,000 $573,000
2018 $6,420 $649,000 $110,000 $539,000
2017 $6,060 $505,000 $80,000 $425,000
2016 $4,656 $388,000 $75,000 $313,000
2015 $4,488 $384,000 $75,000 $309,000
2014 $4,488 $374,000 $75,000 $299,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Blanchard

    Seller's Agent in 2021

    Kelly Blanchard

    Nest Realty Group

    (804) 307-4499

    2 in this area

    130 Total Sales

    Kelly Blanchard
    Section Image
  • Tracy Mcguire

    Buyer's Agent in 2021

    Tracy Mcguire

    The Steele Group

    (804) 937-4210

    1 in this area

    73 Total Sales

    Tracy Mcguire
    Section Image

  • D

    Seller's Agent in 2016

    Dennis Garza

    Long & Foster

    (804) 516-9388

    7 in this area

    45 Total Sales

    Dennis Garza
    Section Image
  • Cabell Childress

    Buyer's Agent in 2016

    Cabell Childress

    Long & Foster

    (804) 288-0220

    3 in this area

    466 Total Sales

    Cabell Childress
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2037827

Central Virginia Regional MLS

APN: N000-1430-004

Virginia Richmond City County Richmond 23227 Laburnum Park

1509 Confederate Ave, Richmond, VA

This home is located at 1509 Confederate Ave, Richmond, VA 23227 since 30 December 2020 and is currently estimated at $1,340,406, approximately $304 per square foot. This property was built in 1928. 1509 Confederate Ave is a home located in Richmond City with nearby schools including Linwood Holton Elementary School, Henderson Middle School, and John Marshall 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.

Nearby Homes