NOT LISTED FOR SALE

1612 Park Ave Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $1,230,000 - $1,339,000

3 Beds
2.5 Baths
2,886 Sq Ft
$449/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $845,000 $293 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,971/month

65 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Open High School Rated A+
  • High Ceiling
  • 3-minute walk to Lombardy & Park Avenue Triangle

About This Home

As of October 2019

Don't miss this amazing opportunity to call this gorgeous Fan property your home. This classic 1901 town home has been completely updated and features open, dramatic living spaces and spacious bedrooms and bathrooms. Special features include a huge gourmet kitchen, beautiful original fireplaces, a sunny first floor office/den, a delightfully private back yard, a two-car brick garage, and multiple additional off-street parking spaces. Imagine a great city lifestyle where you can walk to your favorite Fan destinations (walk score of 89!) and never have to worry about finding an on-street parking spot.

Last Agent to Sell the Property

Michael Maloney

KW Metro Center License #0225176521 Listed on: 07/11/2019

KW Metro Center

Co-Listed By

Justin Rosso

KW Metro Center License #0225208401

Last Buyer's Agent

Kathryn Oti

Rashkind Saunders & Co. License #0225211159

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,328

Year Built

  • Built in 1901

Lot Details

  • Property fronts an alley
  • Back Yard Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,886 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace Features Masonry
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number WOOO-O666-O44

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,328

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1901
  • Property Attached Yn: No
  • Co List Office Mls Id: KLRW01
  • Co List Office Phone: 804-858-9000
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: 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
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Partial, Unfinished
  • Appliances: Gas Cooking, Gas Water Heater, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: High Ceilings
  • Living Area: 2886.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Other
  • Fencing: Back Yard
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Alley Access, Driveway, Detached, Garage, Oversized, Paved

Utilities

  • Heating: Natural Gas, Radiator(s)
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: WOOO-O666-O44
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8328.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Oct 3, 2019
Sold by
Weber William F
Bought by
Laib Jean E and Laib David R
Seller's Agent
Michael Maloney
KW Metro Center
Buyer's Agent
Kathryn Oti
Rashkind Saunders & Co.
List Price
$899,950
Sold Price
$845,000
Premium/Discount to List
-$54,950
-6.11%
Current Estimated Value
$1,297,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,137
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Jun 8, 2010
Sold by
Ramey Samuel E and Thompson Donald R
Bought by
Weber William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2005
Sold by
Hurst Michael
Bought by
Thompson Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2001
Bought by
Hurst Micheal T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2000
Bought by
Hurst Micheal T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1998
Sold by
Morris Robert D and Morris Elizabeth P
Bought by
Hurst Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 1996
Sold by
Mccarthy Frank J and Mccarthy Milby S
Bought by
Morris Robert D and Morris Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Laib Jean E $845,000 Attorney
Weber William F $715,000 --
Thompson Donald $439,000 --
Hurst Micheal T -- --
Hurst Micheal T -- --
Hurst Michael R $285,000 --
Morris Robert D $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber William F $572,000
Previous Owner Thompson Donald $351,200
Previous Owner Thompson Donald $65,850
Previous Owner Hurst Micheal T $28,000
Previous Owner Hurst Micheal T $22,146
Previous Owner Morris Robert D $256,500
Previous Owner Morris Robert D $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2019 10/08/19 Sold $845,000 -6.1% $293 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $899,950 -- $312 / 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 $13,608 $1,134,000 $400,000 $734,000
2024 $12,420 $1,035,000 $345,000 $690,000
2023 $12,216 $1,018,000 $345,000 $673,000
2022 $10,644 $887,000 $265,000 $622,000
2021 $9,972 $841,000 $225,000 $616,000
2020 $9,972 $831,000 $220,000 $611,000
2019 $9,468 $789,000 $220,000 $569,000
2018 $8,772 $731,000 $200,000 $531,000
2017 $8,328 $694,000 $160,000 $534,000
2016 $8,040 $670,000 $150,000 $520,000
2015 $7,680 $666,000 $150,000 $516,000
2014 $7,680 $640,000 $140,000 $500,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Maloney

    KW Metro Center

    (804) 282-5901

    10 Total Sales

    Michael Maloney
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Justin Rosso

    KW Metro Center

  • Kathryn Oti

    Buyer's Agent in 2019

    Kathryn Oti

    Rashkind Saunders & Co.

    (804) 467-8901

    8 in this area

    55 Total Sales

    Kathryn Oti
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1923113

Central Virginia Regional MLS

APN: W000-0666-044

Virginia Richmond City County Richmond 23220 The Fan

1612 Park Ave, Richmond, VA

Not Listed for Sale

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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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