Seller's Agent in 2021
Justin Sledd
One South Commercial LLC
(804) 307-4060
21 in this area
80 Total Sales
Available for sale is 1629 West Grace Street. This multifamily quadplex offers Value Add opportunity with cosmetic improvements.
The property is comprised of two 1 bedroom, 1 bathroom apartments; one 2 bedroom, 1 bathroom apartment, & one studio apartment.
A detached garage on the premises & is leased on a month-to-month basis. Located on historic West Grace Street in Richmond’s vibrant Fan District neighborhood, these apartments rent below market and feature central heat & air as well as a shared washer dryer on site. Tenants are responsible for all utilities except water. Only blocks from VCU, the property is located near shops and restaurants along West Broad Street, including the new Whole Foods, tenants also have easy access to I-195, I-95, & I-64. And just north of Broad Street to the west is the exciting neighborhood of Scott’s Addition with its former industrial properties renovated as apartments, restaurants, & breweries.
Last Agent to Sell the Property
One South Commercial LLC License #0225191850 Listed on: 12/03/2020
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/19/2021 01/19/21 | Sold | $615,000 | +7.0% | $172 / Sq Ft | |
| 12/08/2020 12/08/20 | Pending | -- | -- | -- | |
| 12/03/2020 12/03/20 | For Sale | $575,000 | +12.0% | $160 / Sq Ft | |
| 01/26/2017 01/26/17 | Sold | $513,500 | -4.0% | $143 / Sq Ft | View Prior Sale |
| 12/01/2016 12/01/16 | Pending | -- | -- | -- | |
| 12/01/2016 12/01/16 | For Sale | $535,000 | -- | $149 / Sq Ft |
| 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 | $8,256 | $737,000 | $250,000 | $487,000 |
| 2024 | $8,256 | $688,000 | $230,000 | $458,000 |
| 2023 | $7,884 | $657,000 | $210,000 | $447,000 |
| 2022 | $7,128 | $594,000 | $155,000 | $439,000 |
| 2020 | $5,976 | $538,000 | $140,000 | $398,000 |
| 2019 | $5,232 | $516,000 | $140,000 | $376,000 |
| 2018 | $4,164 | $467,000 | $125,000 | $342,000 |
| 2017 | $5,376 | $448,000 | $105,000 | $343,000 |
| 2016 | $3,312 | $436,000 | $105,000 | $331,000 |
| 2015 | $3,144 | $392,000 | $105,000 | $287,000 |
| 2014 | $3,144 | $394,000 | $100,000 | $294,000 |
Seller's Agent in 2021
Justin Sledd
One South Commercial LLC
(804) 307-4060
21 in this area
80 Total Sales
Buyer's Agent in 2021
Tom Rosman
One South Commercial LLC
(804) 539-3017
11 in this area
65 Total Sales
Seller's Agent in 2017
Patrick Sanderson
Neumann & Dunn Real Estate
(804) 651-6825
27 Total Sales
Buyer's Agent in 2017
Christopher Small
Small & Associates
(804) 350-0879
60 in this area
161 Total Sales
Source: Central Virginia Regional MLS
MLS Number: 2036127
APN: W-000-0735-016
Ask me questions while you tour the home.