Seller's Agent in 2018
Tina Morris
Engel & Volkers Richmond
(804) 638-4944
1 in this area
153 Total Sales
1609 W Grace St Richmond, VA 23220
The Fan NeighborhoodEstimated Value: $901,298 - $1,196,000
8
Beds
4
Baths
3,431
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- Rowhouse Architecture
- High Ceiling
- Eat-In Kitchen
- Open High School Rated A+
- Front Porch
- 4-minute walk to Lombardy & Park Avenue Triangle
About This Home
As of March 2018Great big, solid classic 3 Story Row house currently leased as 2 unit income property with great rents and potential for more. Strong rental history with it's proximity near VCU and Fan restaurants and shopping. Front unit is 5 Bedrooms, living room, huge kitchen and 2.5 baths over three floors of space. Rear unit is 2 upstairs bedrooms and 1 full bath above a 1st floor open living/kitchen floor plan. Some off street parking, shaded and fenced back yard and classic front porch. Tenants pay all utilities but 100$ which landlord pays toward water bill. Any amount above $100.00 tenants pay. Wonderful block with many owner occupied homes. This is an amazing investment property but home could easily be transitioned back to a single family or a single family with rear unit rental. Each individually metered unit has washer & dryer, which convey along with all other appliances. New HVAC, New roof on 2nd half of duplex, all new bathrooms, newer kitchen in front unit with center island, newer appliances, new gravel back yard, convenient off street parking in back. Stable turnkey investment property.
Last Agent to Sell the Property
Engel & Volkers Richmond License #0225219082 Listed on: 02/03/2018
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,316
Year Built
- Built in 1903
Lot Details
- 3,149 Sq Ft Lot
- Privacy Fence
- Fenced
Home Design
- Rowhouse Architecture
- Brick Exterior Construction
- Slate Roof
- Rubber Roof
Interior Spaces
- 3,431 Sq Ft Home
- 3-Story Property
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Bay Window
- Dining Area
- Washer Hookup
Kitchen
- Eat-In Kitchen
- Kitchen Island
- Laminate Countertops
Basement
- Partial Basement
- Crawl Space
Home Security
Parking
- Driveway
- Unpaved Parking
- Off-Street Parking
Outdoor Features
- Exterior Lighting
- Front Porch
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Utilities
- Gas Water Heater
Community Details
- 2 Units
- Gross Income $55,800
- Fire Sprinkler System
Listing and Financial Details
- Assessor Parcel Number W000-0735-027
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
Feb 3, 2018
Closed on
Mar 16, 2018
Sold by
Bought by
Seller's Agent
Tina Morris
Engel & Volkers Richmond
Buyer's Agent
David Feibish
Joyner Fine Properties
List Price
$680,000
Sold Price
$635,000
Premium/Discount to List
-$45,000
-6.62%
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
$405,575
Avg. Annual Appreciation
6.13%
Original Mortgage
$476,250
Outstanding Balance
$401,191
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$639,384
Purchase Details
Listed on
Mar 10, 2015
Closed on
Apr 9, 2015
Sold by
Bought by
Seller's Agent
Kevin Daley
One South Realty Group, LLC
Buyer's Agent
Michael Grider
Real Broker LLC
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$345,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2005
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
$276,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2003
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
$236,700
Interest Rate
5.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 25, 1997
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
$57,000
Interest Rate
7.17%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $635,000 | Titleworks Of Virginia Inc | ||
| $460,000 | -- | ||
| $345,000 | -- | ||
| $263,000 | -- | ||
| $42,500 | -- |
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 | $476,250 | ||
| Previous Owner | $345,000 | ||
| Previous Owner | $276,000 | ||
| Previous Owner | $236,700 | ||
| Previous Owner | $57,000 |
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 |
|---|---|---|---|---|---|
| 03/22/2018 03/22/18 | Sold | $635,000 | -6.6% | $185 / Sq Ft | |
| 02/15/2018 02/15/18 | Pending | -- | -- | -- | |
| 02/12/2018 02/12/18 | For Sale | $680,000 | 0.0% | $198 / Sq Ft | |
| 02/10/2018 02/10/18 | Pending | -- | -- | -- | |
| 02/03/2018 02/03/18 | For Sale | $680,000 | +47.8% | $198 / Sq Ft | |
| 04/20/2015 04/20/15 | Sold | $460,000 | -1.9% | $134 / Sq Ft | View Prior Sale |
| 03/13/2015 03/13/15 | Pending | -- | -- | -- | |
| 03/10/2015 03/10/15 | For Sale | $469,000 | -- | $137 / 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 | $8,508 | $728,000 | $250,000 | $478,000 |
| 2025 | $7,908 | $709,000 | $250,000 | $459,000 |
| 2024 | $7,908 | $659,000 | $230,000 | $429,000 |
| 2023 | $6,264 | $629,000 | $210,000 | $419,000 |
| 2020 | $6,264 | $522,000 | $140,000 | $382,000 |
| 2019 | $5,952 | $496,000 | $140,000 | $356,000 |
| 2018 | $5,556 | $463,000 | $125,000 | $338,000 |
| 2017 | $4,512 | $443,000 | $105,000 | $338,000 |
| 2016 | $5,172 | $431,000 | $105,000 | $326,000 |
| 2015 | $4,512 | $407,000 | $105,000 | $302,000 |
| 2014 | $4,512 | $376,000 | $100,000 | $276,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tina Morris
-
David Feibish
Buyer's Agent in 2018
David Feibish
Joyner Fine Properties
(804) 967-2735
2 in this area
22 Total Sales
-
K
Seller's Agent in 2015
Kevin Daley
One South Realty Group, LLC
-
Michael Grider
Buyer's Agent in 2015
Michael Grider
Real Broker LLC
(804) 731-9057
4 in this area
38 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 1802285
APN: W000-0735-027
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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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