2202 3rd Ave Richmond, VA 23222
Chestnut Hill NeighborhoodEstimated payment $3,306/month
Highlights
- New Construction
- Deck
- High Ceiling
- Open High School Rated A+
- Modern Architecture
- 3-minute walk to Third Avenue Tot Lot
About This Home
Seller is offering a 2-1 interest rate buydown, providing substantial monthly payment savings in today’s rate environment. Experience affordable luxury in this striking ultra-modern new construction by Nuwave Development, designed for both style and function. This turnkey home features three spacious bedroom suites, each with its own private bath, plus a convenient main-level half bath — ideal for guests, roommates, or flexible living. Inside, enjoy soaring ceilings, an open-concept layout, and oversized windows that flood the home with natural light. Every bathroom is fully tiled, and thoughtful details are found throughout, including two walk-in closets. The designer kitchen is a true centerpiece, featuring custom cabinetry, quartz countertops, premium CAFÉ appliances, and a gas range — perfect for cooking and entertaining. Outside, the home impresses with Hardie siding, cedar accents, concrete pavers, and extensive hardscaping. Efficient systems including a Rinnai tankless water heater and Rheem HVAC provide long-term comfort and reliability. A fully sodded yard, privacy fence, and paved driveway complete the package. Modern. Efficient. Move-in ready. Seller-paid 2-1 rate buydown available with acceptable offer when using the seller’s preferred lender and title company. Builder warranty included. Must use Nuwave builder contract.
Listing Agent
Compass Brokerage Phone: (804) 690-1536 License #0225224523 Listed on: 02/03/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,632
Year Built
- Built in 2025 | New Construction
Lot Details
- 8,398 Sq Ft Lot
- Property is Fully Fenced
- Privacy Fence
- Zoning described as R-6
Home Design
- Modern Architecture
- Fire Rated Drywall
- Concrete Block And Stucco Construction
- HardiePlank Type
- Hardboard
Interior Spaces
- 2,550 Sq Ft Home
- 2-Story Property
- High Ceiling
- Recessed Lighting
- Electric Fireplace
- Dining Area
- Dryer Hookup
Kitchen
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Double Vanity
Parking
- Oversized Parking
- Driveway
- Paved Parking
Outdoor Features
- Deck
- Rear Porch
Schools
- Overby-Sheppard Elementary School
- Martin Luther King Jr. Middle School
- John Marshall High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Gas Water Heater
- Sewer Not Available
Community Details
- Chestnut Hills Subdivision
- The community has rules related to allowing corporate owners
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number N000-0559-007
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 | $1,632 | $136,000 | $82,000 | $54,000 |
| 2024 | $1,560 | $130,000 | $78,000 | $52,000 |
| 2023 | $1,560 | $130,000 | $78,000 | $52,000 |
| 2022 | $1,152 | $96,000 | $47,000 | $49,000 |
| 2020 | $1,567 | $83,000 | $36,000 | $47,000 |
| 2019 | $1,101 | $72,000 | $27,000 | $45,000 |
| 2018 | $245 | $68,000 | $27,000 | $41,000 |
| 2017 | $804 | $67,000 | $25,000 | $42,000 |
| 2016 | $780 | $65,000 | $25,000 | $40,000 |
| 2015 | $1,371 | $64,000 | $25,000 | $39,000 |
| 2014 | $1,371 | $60,000 | $25,000 | $35,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2026 02/03/26 | For Sale | $609,900 | +276.5% | $239 / Sq Ft | |
| 11/08/2024 11/08/24 | Sold | $162,000 | 0.0% | $70 / Sq Ft | View Prior Sale |
| 10/26/2024 10/26/24 | Pending | -- | -- | -- | |
| 10/26/2024 10/26/24 | For Sale | $162,000 | -- | $70 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $162,000 | Old Republic National Title In | |
| Deed | $82,845 | -- | |
| Deed | $58,000 | -- | |
| Warranty Deed | $86,000 | -- | |
| Warranty Deed | $86,000 | -- | |
| Warranty Deed | $86,000 | -- | |
| Warranty Deed | $54,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $162,000 | Construction | |
| Previous Owner | $8,250 | New Conventional | |
| Previous Owner | $55,250 | New Conventional |
Source: Central Virginia Regional MLS
MLS Number: 2602589
APN: N000-0559-007
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