1902 3rd Ave Richmond, VA 23222
Chestnut Hill NeighborhoodEstimated payment $1,895/month
Highlights
- Deck
- Wood Flooring
- Victorian Architecture
- Open High School Rated A+
- Main Floor Primary Bedroom
- 1-minute walk to Third Avenue Tot Lot
About This Home
1902 N 3rd Street is a rare opportunity to restore a large historic home in one of Richmond’s steadily growing Northside neighborhoods. Offering approximately 2,868 square feet on a generous 9,099-square-foot lot, this property gives the next owner the kind of size, footprint, and flexibility that is getting harder to find in the city. With a true three-level layout, including finished 3rd-floor space, the home offers substantial potential for the right investor, contractor, or buyer with vision. This property is in distressed condition and is being sold as a full renovation project. Per seller-provided information, burst pipes have caused damage to the flooring, there is visible roof deterioration with a section of roof coating coming loose, and the photos reflect a home that is in generally rough shape throughout. Buyers should expect significant repairs, updates, and improvements across the property, making this best suited for someone prepared to take on a true rehab. What makes this opportunity especially compelling is that the home has already shown what it can become. Previously renovated and sold in 2021, this property offers a strong reminder of the potential that exists here with the right plan, budget, and execution. The square footage, three finished levels, lot size, and historic character create a strong foundation for a transformational project. Located in Northside, an area that continues to see ongoing reinvestment and rising interest from buyers and investors alike, 1902 N 3rd Street presents the chance to bring a sizable Richmond home back to life in a neighborhood where restored properties continue to stand out. For someone who can see past the current condition, the upside here is clear. Sold strictly as-is. Property is being sold strictly as-is, where is. Inspection for informational purposes only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,124
Year Built
- Built in 1910
Lot Details
- 9,100 Sq Ft Lot
- Chain Link Fence
- Zoning described as R-6
Parking
- Shared Driveway
Home Design
- Victorian Architecture
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,868 Sq Ft Home
- 2-Story Property
- Wired For Data
- Built-In Features
- Bookcases
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Dining Area
- Loft
- Dryer Hookup
Kitchen
- Eat-In Kitchen
- Granite Countertops
Flooring
- Wood
- Partially Carpeted
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- En-Suite Primary Bedroom
- Walk-In Closet
- 4 Full Bathrooms
- Double Vanity
Outdoor Features
- Balcony
- Deck
- Wrap Around Porch
Schools
- Overby-Sheppard Elementary School
- Henderson Middle School
- John Marshall High School
Utilities
- Central Air
- Heating Available
- Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Chestnut Hills Subdivision
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number N000-0500-006
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,124 | $427,000 | $82,000 | $345,000 |
| 2024 | $4,956 | $413,000 | $78,000 | $335,000 |
| 2023 | $4,956 | $413,000 | $78,000 | $335,000 |
| 2022 | $4,908 | $409,000 | $47,000 | $362,000 |
| 2020 | $3,036 | $253,000 | $36,000 | $217,000 |
| 2019 | $2,977 | $251,000 | $27,000 | $224,000 |
| 2018 | $1,416 | $118,000 | $27,000 | $91,000 |
| 2017 | $1,404 | $117,000 | $27,000 | $90,000 |
| 2016 | $1,356 | $113,000 | $27,000 | $86,000 |
| 2015 | $2,097 | $112,000 | $27,000 | $85,000 |
| 2014 | $2,097 | $112,000 | $27,000 | $85,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2026 03/13/26 | For Sale | $275,000 | -27.6% | $96 / Sq Ft | |
| 10/21/2021 10/21/21 | Sold | $380,000 | -4.5% | $132 / Sq Ft | View Prior Sale |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- | |
| 09/01/2021 09/01/21 | For Sale | $398,100 | +62.6% | $139 / Sq Ft | |
| 11/07/2018 11/07/18 | Sold | $244,897 | -2.0% | $85 / Sq Ft | View Prior Sale |
| 09/25/2018 09/25/18 | Pending | -- | -- | -- | |
| 09/19/2018 09/19/18 | For Sale | $249,900 | +122.1% | $87 / Sq Ft | |
| 05/25/2017 05/25/17 | Sold | $112,500 | -12.8% | $50 / Sq Ft | View Prior Sale |
| 05/04/2017 05/04/17 | Pending | -- | -- | -- | |
| 04/20/2017 04/20/17 | Price Changed | $129,000 | -7.8% | $57 / Sq Ft | |
| 03/24/2017 03/24/17 | For Sale | $139,900 | +24.4% | $62 / Sq Ft | |
| 03/08/2017 03/08/17 | Off Market | $112,500 | -- | -- | |
| 02/28/2017 02/28/17 | For Sale | $139,900 | -- | $62 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | Attorney | |
| Warranty Deed | $244,897 | Attorney | |
| Warranty Deed | $112,500 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $342,000 | New Conventional | |
| Previous Owner | $195,918 | New Conventional |
Source: Central Virginia Regional MLS
MLS Number: 2606109
APN: N000-0500-006
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Ask me questions while you tour the home.