NOT LISTED FOR SALE

Estimated Value: $379,563 - $396,000

0.08 Acres
$5,102,395 Price per Acre
3,311 Sq Ft Lot

Sale Details

Date Sold: May 25, 2021

Last sale price $295,000

Est. 31% increase in value since last sale

Current estimated payment $2,192 / mo

75 Days on Market

About This Lot

As of May 2021

Prime Church Hill Development Opportunity! Unlock the potential of one of Richmond’s most vibrant neighborhoods with the land, design and approvals for this ready-to-build 5-unit multifamily project in the heart of Church Hill. Just steps from Jefferson Park and surrounded by cafes, markets, and local favorites, this property is positioned to thrive in RVA’s high-demand rental market. Future tenants will love the convenience of off-street parking and the lifestyle perks of living in a highly walkable, historic community. Act now and step directly into a streamlined construction timeline that can help accelerate your return and begin accumulating long-term value appreciation. Whether you’re an experienced investor looking to grow your portfolio or a newcomer ready to capture a rare opportunity, this project delivers on design, location, and financial upside. The image is an artist rendering of the approved 5-unit building on the lot for sale created from the project elevations and spec sheet. Artist rendering shown. Don’t miss your chance to build and own in Church Hill—contact us today for full details.

Last Agent to Sell the Property

Patrick Sullivan

Samson Properties License #0225206165 Listed on: 01/27/2021

Samson Properties

Last Buyer's Agent

Patrick Sullivan

Samson Properties License #0225206165 Listed on: 01/27/2021

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $720

Lot Details

  • 3,311 Sq Ft Lot
  • Zoning described as R-63

Schools

  • Bellevue Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Water Not Available
  • Not Connected to Sewer
  • Phone Available

Community Details

  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number E000-0252-003

Property Details

Property Type

Land

Est. Annual Taxes

$720

Lot Details

3,311 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.076
  • Ownership: Corporate
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Basement YN: No

Exterior Features

  • Waterfront: No
  • Disclosures: Owner Is Listing Agent

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Natural Gas Available, Phone Available, Electricity Available

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0252-003
  • Zoning Description: R-63
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 720.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
May 6, 2021
Sold by
Cheneys Creek Llc
Bought by
2007 Cedar Street Llc
Seller's Agent
Patrick Sullivan
Samson Properties
Buyer's Agent
Patrick Sullivan
Samson Properties
List Price
$395,000
Sold Price
$295,000
Premium/Discount to List
-$100,000
-25.32%
Current Estimated Value
$387,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,782
Avg. Annual Appreciation
5.64%

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 16, 2018
Sold by
Nguyen Sinh
Bought by
Cheneys Creek Llc
Seller's Agent
David Wright
Real Broker LLC
Buyer's Agent
Zach Kennedy
One South Realty Group, LLC
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.14%
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
2007 Cedar Street Llc $295,000 First American Title
Cheneys Creek Llc $70,000 Attorney
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 Cheneys Creek Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 For Sale $399,950 +35.6% --
05/25/2021 05/25/21 Sold $295,000 -1.5% --
04/12/2021 04/12/21 Pending -- -- --
03/28/2021 03/28/21 Price Changed $299,500 -14.4% --
02/26/2021 02/26/21 Price Changed $350,000 -11.4% --
01/27/2021 01/27/21 For Sale $395,000 +426.7% --
08/31/2018 08/31/18 Sold $75,000 0.0% -- View Prior Sale
06/29/2018 06/29/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $75,000 -- --
Source: Central Virginia Regional MLS

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
2026 $1,116 $93,000 $93,000 $0
2025 $1,116 $93,000 $93,000 $0
2024 $1,116 $93,000 $93,000 $0
2023 $1,116 $93,000 $93,000 $0
2022 $1,116 $93,000 $93,000 $0
2020 $720 $60,000 $60,000 $0
2019 $1,132 $60,000 $60,000 $0
2018 $720 $60,000 $60,000 $0
2017 $540 $45,000 $45,000 $0
2016 $480 $40,000 $40,000 $0
2015 $480 $40,000 $40,000 $0
2014 $480 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2102380

Central Virginia Regional MLS

APN: E000-0252-003

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