Matt Smith
Responds Quickly
MSE Properties
(804) 548-4499
74 Total Sales
2 in The Fan
$435K - $1.2M Price Range
1620 Park Ave Richmond, VA 23220
The Fan Neighborhood
8
Beds
--
Bath
4,876
Sq Ft
3,859
Sq Ft Lot
About This Home
As of January 20221620 Park Ave is a quadplex prominently positioned in one of Richmond’s top historic locations in the Fan Neighborhood. The property has been recently renovated and is a prime opportunity for a multi-family investor or owner occupant buyer. The quadplex was originally built as a duplex and converted to four units. There are two 2 bedroom / 1 bathroom units on the first floor. The second floor contains one studio style unit with a bathroom and a 3 bedroom / 2 bathroom unit. Both units on the second floor have been completely renovated, featuring beautifully upgraded kitchens and bathrooms, restored hardwood floors, and new lighting fixtures. The infrastructure of the property has been considerably improved by the current owner. All units enjoy central cooling with newly installed ductwork and HVAC units. Major plumbing and electrical work has been completed throughout the property and the roof was refinished with all new TPO membrane material in 2019. Residents will also enjoy the four street parking spots allotted to the property by the City of Richmond.
Last Agent to Sell the Property
One South Commercial LLC License #0225191850 Listed on: 12/14/2021
Last Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,304
Year Built
- Built in 1910
Lot Details
- 3,859 Sq Ft Lot
Home Design
- Quadruplex
- Flat Roof Shape
- Brick Exterior Construction
- Metal Roof
Interior Spaces
- 4,876 Sq Ft Home
- 2-Story Property
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 371
- Assessor Parcel Number W000-0666-048
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
Dec 14, 2021
Closed on
Jan 12, 2022
Sold by
Bought by
Seller's Agent
Justin Sledd
One South Commercial LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%
Purchase Details
Listed on
Sep 23, 2016
Closed on
Nov 9, 2016
Sold by
Bought by
Seller's Agent
Christopher Small
PARK 27
Buyer's Agent
Jana Mills
Compass
List Price
$624,950
Sold Price
$550,000
Premium/Discount to List
-$74,950
-11.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$412,500
Interest Rate
3.42%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in The Fan, VA
-
Matt Smith
-
Jenny Brock
Jenny Brock
Neumann & Dunn Real Estate
(804) 409-9342
120 Total Sales
2 in The Fan
$300K - $305K Price Range
-
Amy Beem
Amy Beem
Samson Properties
(804) 409-3910
68 Total Sales
2 in The Fan
$188K - $650K Price Range
-
Margaret Wade
Margaret Wade
Long & Foster REALTORS
(804) 793-8720
235 Total Sales
18 in The Fan
$500K - $3M Price Range
-
Clair Stewart
Clair Stewart
Charles A Rose Co, Inc
(804) 409-3312
42 Total Sales
1 in The Fan
$655,280 Price
-
Jacque Vaughan
Jacque Vaughan
Mint Door Realty
(804) 886-1487
63 Total Sales
1 in The Fan
$420,000 Price
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 |
|---|---|---|---|
| $975,000 | Fidelity National Title | ||
| $975,000 | Fidelity National Title | ||
| $550,000 | Foster Title Agency Llc |
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 |
|---|---|---|---|
| Previous Owner | $412,500 |
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 |
|---|---|---|---|---|---|
| 01/18/2022 01/18/22 | Sold | $975,000 | -2.4% | $200 / Sq Ft | |
| 12/16/2021 12/16/21 | Pending | -- | -- | -- | |
| 12/14/2021 12/14/21 | For Sale | $999,000 | +81.6% | $205 / Sq Ft | |
| 11/14/2016 11/14/16 | Sold | $550,000 | -8.3% | $113 / Sq Ft | View Prior Sale |
| 10/20/2016 10/20/16 | Pending | -- | -- | -- | |
| 10/18/2016 10/18/16 | Price Changed | $599,950 | -4.0% | $123 / Sq Ft | |
| 09/23/2016 09/23/16 | For Sale | $624,950 | -- | $128 / 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 | $14,076 | $1,173,000 | $375,000 | $798,000 |
| 2025 | $11,796 | $1,078,000 | $375,000 | $703,000 |
| 2024 | $11,796 | $983,000 | $325,000 | $658,000 |
| 2023 | $11,604 | $967,000 | $325,000 | $642,000 |
| 2022 | $8,928 | $744,000 | $245,000 | $499,000 |
| 2020 | $4,104 | $684,000 | $200,000 | $484,000 |
| 2019 | $7,476 | $623,000 | $200,000 | $423,000 |
| 2018 | $6,420 | $535,000 | $180,000 | $355,000 |
| 2017 | $5,856 | $488,000 | $145,000 | $343,000 |
| 2016 | $5,628 | $469,000 | $135,000 | $334,000 |
| 2015 | $5,304 | $448,000 | $135,000 | $313,000 |
| 2014 | $5,304 | $442,000 | $130,000 | $312,000 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Sledd
Seller's Agent in 2022
Justin Sledd
One South Commercial LLC
(804) 307-4060
18 in this area
78 Total Sales
-
Isaac Weintz
Seller Co-Listing Agent in 2022
Isaac Weintz
One South Commercial LLC
(804) 404-3161
10 in this area
43 Total Sales
-
N
Buyer's Agent in 2022
NON MLS USER MLS
NON MLS OFFICE
-
Christopher Small
Seller's Agent in 2016
Christopher Small
PARK 27
(804) 350-0879
56 in this area
151 Total Sales
-
J
Buyer's Agent in 2016
Jana Mills
Compass
Map
Source: Central Virginia Regional MLS
MLS Number: 2136579
APN: W-000-0666-048
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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