Matt Smith
Responds Quickly
MSE Properties
(804) 548-4499
74 Total Sales
2 in The Fan
$435K - $1.2M Price Range
2000 W Grace St Richmond, VA 23220
The Fan Neighborhood
--
Bed
--
Bath
3,420
Sq Ft
3,498
Sq Ft Lot
Highlights
- Victorian Architecture
- High Ceiling
- Ceiling Fan
- Open High School Rated A+
- Front Porch
- 4-minute walk to Meadow Park
About This Home
As of March 2024Exceptional Investment Opportunity in the Fan! A rare chance for savvy investors to acquire a fully rented six-unit apartment building in the W Grace street historic district. Each unit has one bedroom, one bath, with individual fridges, oven/stoves, and AC window units. Tenants benefit from separate electric meters. The owner covers water, sewer, trash, and gas (including radiant heat & hot water), ensuring ease of maintenance. The building includes a shared washer/dryer in the hallway, adding convenience for residents. Perfectly located at the corner of Grace and Meadow, this property is in high demand due to its proximity to VCU/MCV as well as being in walking distance to all things “Fan." Its strategic position ensures a steady income stream. Easy to rent and manage, it's an ideal opportunity for investors seeking a profitable and straightforward venture in a lively neighborhood.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,736
Year Built
- Built in 1910
Lot Details
- 3,498 Sq Ft Lot
- Back Yard Fenced
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Slate Roof
Interior Spaces
- 3,420 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Basement
- Dirt Floor
- Stacked Washer and Dryer
Outdoor Features
- Front Porch
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Listing and Financial Details
- Assessor Parcel Number W000-0911-030
Community Details
Overview
- 4 Units
- Low-Rise Community
Building Details
- Gross Income $5,610
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
Jan 19, 2024
Closed on
Mar 8, 2024
Sold by
Bought by
Seller's Agent
Christopher Small
PARK 27
Buyer's Agent
Christy Bowman
Harris & Assoc, Inc
List Price
$749,950
Sold Price
$640,000
Premium/Discount to List
-$109,950
-14.66%
Views
136
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,500
Outstanding Balance
$437,316
Interest Rate
6.77%
Mortgage Type
New Conventional
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
67 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 |
|---|---|---|---|
| $640,000 | Fidelity National Title |
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 |
|---|---|---|---|
| Open | $448,500 |
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 |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $640,000 | -7.9% | $187 / Sq Ft |
| 02/03/2024 02/03/24 | Pending | -- | -- | -- |
| 01/30/2024 01/30/24 | Price Changed | $695,000 | -7.3% | $203 / Sq Ft |
| 01/19/2024 01/19/24 | For Sale | $749,950 | -- | $219 / 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 | $7,368 | $478,373 | $425,736 | $52,637 |
| 2025 | $7,368 | $424,480 | $382,032 | $42,448 |
| 2024 | $7,189 | $416,160 | $374,544 | $41,616 |
| 2023 | $6,980 | $408,000 | $367,200 | $40,800 |
| 2022 | $6,646 | $400,000 | $360,000 | $40,000 |
| 2021 | $2,649 | $59,177 | $59,176 | $1 |
| 2020 | $2,569 | $58,571 | $58,570 | $1 |
| 2019 | $2,405 | $57,423 | $57,422 | $1 |
| 2018 | $2,363 | $56,297 | $56,296 | $1 |
| 2017 | $1,889 | $55,194 | $55,193 | $1 |
| 2016 | $1,820 | $54,112 | $54,111 | $1 |
| 2015 | $1,751 | $53,299 | $53,298 | $1 |
| 2014 | -- | $52,255 | $52,254 | $1 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Small
Seller's Agent in 2024
Christopher Small
PARK 27
(804) 350-0879
56 in this area
151 Total Sales
-
Christy Bowman
Buyer's Agent in 2024
Christy Bowman
Harris & Assoc, Inc
(804) 731-6740
6 in this area
86 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2400543
APN: W-000-0911-030
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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