2202 3rd Ave Richmond, VA 23222
Chestnut Hill NeighborhoodEstimated payment $3,372/month
Highlights
- Popular Property
- New Construction
- Modern Architecture
- Open High School Rated A+
- Deck
- 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
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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