NOT LISTED FOR SALE

1607 Fairfax Ave Richmond, VA 23224

Oak Grove Neighborhood

Estimated Value: $223,000 - $233,138

3 Beds
1 Bath
995 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 04, 2015

Last sale price $89,950 $90 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,447/month

12 Days on Market

Highlights

  • Wood Flooring
  • Open High School Rated A+
  • Forced Air Heating and Cooling System

About This Home

As of August 2015

This home has been remodeled inside and outside with stainless steel appliances, beautiful hardwood floors throughout in bedrooms too.

Last Agent to Sell the Property

Eli Rich

First Choice Realty License #0225049064 Listed on: 05/11/2015

First Choice Realty

Last Buyer's Agent

Kenneth Samuels

Samuels Realty and Prop Mgmnt License #0225112189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,484

Year Built

  • 1940

Lot Details

  • 4,792

Home Design

  • Shingle Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number S0000454011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,484

Year Built

1940

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 90.40
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Exhaust Fan, Ice Maker, Microwave, Oven, Refrigerator, Smoke Alarm, Stove
  • Flooring: Vinyl, Wood
  • Interior: 1st Floor Bedroom, 1st Floor Master Bedroom, Cable TV, Ceiling Fan, Dryer Hookup, Formal Dining Room, Pantry, Washer Hookup
  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Crawl Space
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Frontage Road: 35
  • Fence: Part Fenced
  • Porch: Front Full
  • Roof: Shingled
  • Siding: Hardboard, Stucco
  • Wall Type: Drywall

Garage/Parking

  • Parking: On Street

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Forced Hot Air, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Blackwell
  • Middle School: Thompson
  • High School: Armstrong

Lot Info

  • Zoning: R-5 Single Family
  • Lot Description: Level
  • Parcel Number: S0000454011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 26, 2015
Sold by
Billings Scott
Bought by
White Ronell D
Seller's Agent
Eli Rich
First Choice Realty
Buyer's Agent
Kenneth Samuels
Samuels Realty and Prop Mgmnt
List Price
$89,950
Sold Price
$89,950
Current Estimated Value
$227,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,585
Avg. Annual Appreciation
9.49%
Original Mortgage
$81,857
Outstanding Balance
$64,950
Interest Rate
3.97%
Mortgage Type
FHA
Estimated Equity
$158,915

Purchase Details

Listed on
Nov 7, 2014
Closed on
Dec 18, 2014
Sold by
Hayes George E
Bought by
Billings Scott
Seller's Agent
Chris Pandel
Long & Foster REALTORS
Buyer's Agent
Eli Rich
First Choice Realty
List Price
$25,000
Sold Price
$22,000
Premium/Discount to List
-$3,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
945.44%
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
White Ronell D $89,950 --
Billings Scott $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Ronell D $81,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2015 08/04/15 Sold $89,950 0.0% $90 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $89,950 +308.9% $90 / Sq Ft
12/29/2014 12/29/14 Sold $22,000 -12.0% $22 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $25,000 -- $25 / 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 $2,484 $207,000 $55,000 $152,000
2024 $2,352 $196,000 $45,000 $151,000
2023 $2,040 $170,000 $36,000 $134,000
2022 $1,728 $144,000 $36,000 $108,000
2021 $1,152 $113,000 $20,000 $93,000
2020 $1,152 $96,000 $15,000 $81,000
2019 $1,068 $89,000 $10,000 $79,000
2018 $984 $82,000 $10,000 $72,000
2017 $972 $81,000 $10,000 $71,000
2016 $696 $58,000 $10,000 $48,000
2015 $1,574 $58,000 $10,000 $48,000
2014 $1,574 $58,000 $10,000 $48,000
Source: Public Records

Agents Affiliated with this Home

  • Eli Rich

    Seller's Agent in 2015

    Eli Rich

    First Choice Realty

    (804) 248-4663

    129 Total Sales

    Eli Rich
    Section Image
  • Kenneth Samuels

    Buyer's Agent in 2015

    Kenneth Samuels

    Samuels Realty and Prop Mgmnt

    (804) 539-6926

    36 Total Sales

    Kenneth Samuels
    Section Image
  • Chris Pandel

    Seller's Agent in 2014

    Chris Pandel

    Long & Foster

    (804) 201-1471

    27 Total Sales

    Chris Pandel
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1513861

Central Virginia Regional MLS

APN: S000-0454-011

Virginia Richmond City County Richmond 23224 Oak Grove

1607 Fairfax Ave, Richmond, VA

This home is located at 1607 Fairfax Ave, Richmond, VA 23224 since 11 May 2015 and is currently estimated at $227,535, approximately $228 per square foot. This property was built in 1940. 1607 Fairfax Ave is a home located in Richmond City with nearby schools including Blackwell Elementary School, Open High School, and Armstrong 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.

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