NOT LISTED FOR SALE

2501 W Grace St Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $1,409,000 - $1,647,000

4 Beds
3.5 Baths
5,448 Sq Ft
$282/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $1,028,128 $189 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,369/month

135 Days on Market

Highlights

  • Guest House
  • 0.2 Acre Lot
  • Separate Formal Living Room
  • Open High School Rated A+
  • Victorian Architecture
  • Corner Lot

About This Home

As of September 2020

Welcome to 2501 W.Grace Street with its commanding corner location,charming guest house & the best wrap-around porch in the Fan! One-of-a-kind historic mansion features stunning Foyer,formal LR / DR, original hardwoods, fireplaces and millwork throughout.Part of Fan & West Grace Street Historic Districts. The first floor also features a charming bonus room/office,HUGE Family Room, custom architect-designed eat-in Kitchen w wet bar, radiant floor heat,walk-in pantry and a back staircase.2nd floor has a lovely Master BR w wall of built-in closets, renovated bath w radiant floor heat,marble tile and walk-in shower.Front two bedrooms w balcony access & another BR w adjoining bath.Hall Bath & separate laundry room.3rd floor perfect for Rec Room/Exercise Studio + additional guest or teen room.Large sunny lot,very unusual for the Fan w yard,mature shrubbery,private driveway.Property also includes a separate 2-story guest house w its own fenced yard, currently rented.Guest house features kitchen,living room,upstairs BR and Full Bath & currently garners $1100/month. Just off Monument Avenue and close to VMFA,restaurants,Whole Foods. This is a very special property and a must-see!

Last Agent to Sell the Property

Kathryn Oti

Rashkind Saunders & Co. License #0225211159 Listed on: 03/25/2020

Co-Listed By

Alyse Auernheimer

Rashkind Saunders & Co. License #0225193111

Last Buyer's Agent

Mollie B. Benedict

Rashkind Saunders & Co. License #0225078487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,255

Year Built

  • Built in 1910

Lot Details

  • 8,847 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Historic Home
  • Zoning described as R-48

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 5,448 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Bay Window
  • Separate Formal Living Room
  • Dining Area
  • Workshop
  • Storm Windows
  • Washer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Wrap Around Porch

Additional Homes

  • Guest House

Schools

  • Fox Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-1129-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,255

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Property Attached Yn: No
  • Lot Size Acres: 0.2031
  • Co List Office Mls Id: ONES01
  • Co List Office Phone: 804-353-0009
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Historic
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1226.0
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Basement: Full, Interior Entry
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Butler's Pantry, Breakfast Area, Bay Window, Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Bath in Primary Bedroom, Pantry, Workshop
  • Living Area: 5448.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot, Landscaped
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Porch, Paved Driveway
  • Other Structures: Guest House
  • Patio And Porch Features: Balcony, Rear Porch, Wrap Around, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Paved

Utilities

  • Heating: Electric, Heat Pump, Natural Gas, Radiator(s), Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1129-010
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10255.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
Sep 9, 2020
Sold by
Gross Kevin R and Gross Sarah R
Bought by
Huntington Albert Henry and Huntington Shelley H
Seller's Agent
Kathryn Oti
Rashkind Saunders & Co.
Buyer's Agent
Mollie B. Benedict
Rashkind Saunders & Co.
List Price
$1,199,000
Sold Price
$1,028,128
Premium/Discount to List
-$170,872
-14.25%
Current Estimated Value
$1,501,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,884
Original Mortgage
$771,096
Outstanding Balance
$690,483
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2002
Bought by
Gross Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,500
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2001
Sold by
Hutchins C W
Bought by
Gross Kevin R and Gross Sarah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Huntington Albert Henry $1,028,128 Attorney
Gross Kevin R -- --
Gross Kevin R $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huntington Albert Henry $771,096
Previous Owner Gross Kevin R $760,000
Previous Owner Gross Kevin R $223,000
Previous Owner Gross Kevin R $623,000
Previous Owner Gross Kevin R $390,500
Previous Owner Gross Kevin R $382,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $1,028,128 -8.6% $189 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $1,125,000 -6.2% $206 / Sq Ft
03/25/2020 03/25/20 For Sale $1,199,000 -- $220 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $14,292 $1,191,000 $290,000 $901,000
2024 $13,596 $1,133,000 $285,000 $848,000
2023 $13,104 $1,092,000 $265,000 $827,000
2022 $12,192 $1,016,000 $210,000 $806,000
2021 $11,748 $980,000 $200,000 $780,000
2020 $11,360 $979,000 $195,000 $784,000
2019 $10,255 $937,000 $195,000 $742,000
2018 $9,663 $870,000 $180,000 $690,000
2017 $8,988 $749,000 $160,000 $589,000
2016 $7,753 $727,000 $160,000 $567,000
2015 $6,973 $722,000 $160,000 $562,000
2014 $6,973 $662,000 $175,000 $487,000
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Oti

    Seller's Agent in 2020

    Kathryn Oti

    Rashkind Saunders & Co.

    (804) 467-8901

    8 in this area

    57 Total Sales

    Section Image
  • Alyse Auernheimer

    Seller Co-Listing Agent in 2020

    Alyse Auernheimer

    Rashkind Saunders & Co.

    (804) 482-1464

    1 in this area

    24 Total Sales

    Section Image
  • Mollie B. Benedict

    Buyer's Agent in 2020

    Mollie B. Benedict

    Rashkind Saunders & Co.

    (804) 244-1114

    9 in this area

    74 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2009494

Central Virginia Regional MLS

APN: W000-1129-010

Virginia Richmond City County Richmond 23220 The Fan

2501 W Grace St, Richmond, VA

This home is located at 2501 W Grace St, Richmond, VA 23220 since 25 March 2020 and is currently estimated at $1,535,765, approximately $281 per square foot. This property was built in 1910. 2501 W Grace St is a home located in Richmond City with nearby schools including Dogwood Middle School, Thomas Jefferson High School, and Open High School.

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.

Central Virginia Regional MLS 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 ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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