NOT LISTED FOR SALE

1625 1/2 W Grace St Unit 1 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $404,000 - $483,000

2 Beds
2 Baths
1,674 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $240,000 $143 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,894/month

192 Days on Market

Highlights

  • Deck
  • Rowhouse Architecture
  • 4 Fireplaces
  • Open High School Rated A+
  • Wood Flooring
  • 5-minute walk to Lombardy & Park Avenue Triangle

About This Home

As of February 2017

Great investment property. Renovated 2 bedroom/2full bath condo located within walking distance to VCU. Thoughtful renovation kept plenty of original charm and detail. Heart of pine floors, 10+ foot ceilings, original moldings, 4 ornate fire places (non working), and working pocket doors and more! Kitchen is eat-in with plenty of cabinet and counter space and access to back deck. Desirable off street parking! Home has versatile floor plan. Rented $1900 per month. Tax abatement thru 2019. Come see all this home has to offer.

Last Agent to Sell the Property

Cathy Saunders

Long & Foster REALTORS License #0225021378 Listed on: 06/22/2016

Long & Foster REALTORS

Last Buyer's Agent

Sam Fleck

Providence Hill Real Estate License #0225224088

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1915

Lot Details

  • 1,612 Sq Ft Lot

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 1,674 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 4 Fireplaces
  • Decorative Fireplace
  • Awning
  • Leaded Glass Windows
  • Bay Window
  • Separate Formal Living Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

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 W000-0735-055

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,920

Year Built

Built in 1915

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1915
  • Lot Size Acres: 0.037
  • Ownership: Individuals,Other
  • Subdivision Name: None
  • Architectural Style: Row House
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • General Property Information Below Grade Unfinished Area: 110.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile, Wood
  • Basement: Partial
  • Appliances: Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Bay Window, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, High Ceilings, Recessed Lighting
  • Living Area: 1674.0
  • Stories: 1
  • Window Features: Leaded Glass
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber, Slate
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block
  • Exterior Features: Awning(s), Deck
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

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

  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Reserve Fund

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0735-055
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1920.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jan 26, 2017
Sold by
Siner Kathleen E
Bought by
1625 Re Llc A Virginia Limited Liabi
Seller's Agent
Cathy Saunders
Long & Foster REALTORS
Buyer's Agent
Sam Fleck
Providence Hill Real Estate
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$457,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,314
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Jun 7, 2005
Sold by
Turnbull Lennox
Bought by
Siner Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
5.78%
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
1625 Re Llc A Virginia Limited Liabi $240,000 Attorney
Siner Richard $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siner Richard $231,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2017 02/01/17 Sold $240,000 -4.0% $143 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $250,000 0.0% $149 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/09/2016 11/09/16 Price Changed $250,000 -5.7% $149 / Sq Ft
09/22/2016 09/22/16 For Sale $265,000 0.0% $158 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/25/2016 07/25/16 Price Changed $265,000 -3.6% $158 / Sq Ft
06/22/2016 06/22/16 For Sale $275,000 -- $164 / 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 $4,164 $347,000 $50,000 $297,000
2024 $3,696 $308,000 $50,000 $258,000
2023 $3,696 $308,000 $50,000 $258,000
2022 $3,696 $308,000 $50,000 $258,000
2021 $3,696 $308,000 $50,000 $258,000
2020 $3,696 $308,000 $65,000 $243,000
2019 $3,176 $291,000 $60,000 $231,000
2018 $2,712 $270,000 $60,000 $210,000
2017 $3,120 $260,000 $60,000 $200,000
2016 $2,160 $260,000 $60,000 $200,000
2015 $1,920 $260,000 $60,000 $200,000
2014 $1,920 $260,000 $60,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1620793

Central Virginia Regional MLS

APN: W000-0735-055