NOT LISTED FOR SALE

2703 Grove Ave Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $1,144,000 - $1,363,000

4 Beds
3 Baths
3,110 Sq Ft
$393/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $610,000 $196 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $7,598/month

Highlights

  • Wood Flooring
  • Open High School Rated A+
  • Forced Air Zoned Heating and Cooling System

About This Home

As of August 2012

BACK ON MARKET AS OF 5/7/12, Absolute showplace just recently gutted and restored to its original splendor, all new plumbing, electrical, HVAC, roof, kitchen, baths, floors, walls, trim and it's amazing. 4 large bedrooms/3.5 brand new luxury baths, over 3100sqft, off street parking, carriage house with garage and studio apartment above. Huge master suite with balcony, high end kitchen with Wolf 5 burner range and Electrolux dishwasher, refrigerator, microwave and convection wall oven, full unfinished basement

Last Agent to Sell the Property

William Hamnett

Hamnett Properties License #0225052373 Listed on: 03/21/2012

Last Buyer's Agent

Susan Derco

Long & Foster REALTORS License #0225050881

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,948

Year Built

  • 1920

Lot Details

  • 3,485

Home Design

  • Composition Roof
  • Rubber Roof

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property has 2 Levels
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number W0001203006

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,948

Year Built

1920

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 196.14
  • Finished Sq Ft: 3110
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Gas Cooking, Microwave, Wall Oven, Washer, Refrigerator, Dryer
  • Flooring: Tile-Ceramic, Wood
  • Interior: 9 Ft + Ceilings, Bay/Bow Window, Built In Cabinet/Bookcases, Formal Dining Room, French Doors, MBR Bath, Walk-In Closet
  • Number of Rooms: 9
  • Total Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 3
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Basement-Full, Unfinished
  • Attic: Access Panel
  • Number Of Levels: 2.00

Exterior Features

  • Frontage Road: 30
  • Fence: Rear Only
  • Porch: Balcony, Rear
  • Roof: Composition, Rubber
  • Siding: Brick
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: Apartment, Auto Door Opener
  • Number Of Cars: 1
  • Parking: Off Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: 2 Zoned AC
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Fox
  • Middle School: Binford
  • High School: Thomas Jefferson

Lot Info

  • Zoning: R-48 Multi Family
  • Parcel Number: W0001203006

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2012
Closed on
Jul 30, 2012
Sold by
Bugatti Properties Llc
Bought by
Morris Gray F
Seller's Agent
William Hamnett
Hamnett Properties
Buyer's Agent
Susan Derco
Long & Foster REALTORS
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Current Estimated Value
$1,223,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,600
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
Sep 22, 2011
Sold by
Sties James A
Bought by
Bugatti Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.33%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 3, 1997
Sold by
Sties James A and Sties Elizabeth T
Bought by
Sties James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Morris Gray F $610,000 --
Bugatti Properties Llc $155,000 --
Sties James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bugatti Properties Llc $475,000
Previous Owner Sties James A $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2012 08/13/12 Sold $610,000 -6.2% $196 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $650,000 -- $209 / 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 $12,948 $1,079,000 $400,000 $679,000
2024 $11,832 $986,000 $345,000 $641,000
2023 $11,676 $973,000 $345,000 $628,000
2022 $10,464 $872,000 $265,000 $607,000
2021 $9,816 $822,000 $225,000 $597,000
2020 $6,414 $818,000 $220,000 $598,000
2019 $4,800 $778,000 $220,000 $558,000
2018 $4,164 $725,000 $200,000 $525,000
2017 $8,496 $708,000 $120,000 $588,000
2016 $3,732 $689,000 $120,000 $569,000
2015 $2,832 $645,000 $120,000 $525,000
2014 $2,832 $614,000 $120,000 $494,000
Source: Public Records

Agents Affiliated with this Home

  • William Hamnett

    Seller's Agent in 2012

    William Hamnett

    Hamnett Properties

    (804) 240-6713

    14 in this area

    178 Total Sales

    William Hamnett
    Section Image
  • Susan Derco

    Buyer's Agent in 2012

    Susan Derco

    Long & Foster

    (804) 399-2105

    4 in this area

    65 Total Sales

    Susan Derco
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1207422

Central Virginia Regional MLS

APN: W000-1203-006

Virginia Richmond City County Richmond 23220 The Fan

2703 Grove Ave, Richmond, VA

This home is located at 2703 Grove Ave, Richmond, VA 23220 since 21 March 2012 and is currently estimated at $1,223,600, approximately $393 per square foot. This property was built in 1920. 2703 Grove Ave 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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