NOT LISTED FOR SALE

Estimated Value: $758,000 - $841,000

4 Beds
2.5 Baths
2,924 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $526,500 $180 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,949/month

113 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Formal Dining Room
  • Open High School Rated A+
  • High Ceiling
  • 2-minute walk to Chimborazo Playground

About This Home

As of July 2020

SKIP THE FLIP; RENOVATE TO YOUR TASTE & BUDGET! Rare is the opportunity to acquire a substantial home a block from Libby HIll Park and make it your own without paying a premium to a flipper to make design choices for you. Originally built in 1908 as a duplex, 2704 E Grace St was converted long ago into a 2,924 sf single-family home. Surrounded by architecturally distinguished homes this house is ready for you to make your own or use extensive architectural drawings already completed. Owners undertook essential and expensive improvements, including rebuilding its sumptuous, columned front porch, which will serve as your outdoor living room. Inside are unusually large windows, vintage flooring, mantels, and moldings. First floor has a living room, dining room, powder room, sitting room, family room, kitchen, and in-house pub! Upstairs are two full baths, laundry room and four bedrooms, which could be reconfigured to suit your needs. A large rear terrace is shaded by a towering magnolia. Minutes from award-winning bakeries & cafes as well as James River, Capital Trail, airport, interstate, VCU/MCV. ADDITIONAL PHOTOS COMING!

Last Agent to Sell the Property

Jennie Dotts

Long & Foster REALTORS License #0225194725 Listed on: 03/03/2020

Long & Foster REALTORS

Last Buyer's Agent

Sara Crum

Hometown Realty License #0225209169

Hometown Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,744

Year Built

  • Built in 1908

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 27' x 135'
  • Property is Fully Fenced
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Slate Roof
  • Rubber Roof
  • Metal Roof
  • Plaster

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • French Doors
  • Formal Dining Room
  • City Views
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number E000-0484-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,744

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1908
  • Property Attached Yn: No
  • Lot Size Acres: 0.08
  • Lot Size: 27' X 135'
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Historic
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, French Door(s)/Atrium Door(s), High Ceilings, Bath in Primary Bedroom
  • Living Area: 2924.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal, Rubber, Slate
  • Fencing: Full
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Historical
  • Construction Type: Brick, Drywall, Mixed, Plaster
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Patio, Side Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0484-023
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6744.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jul 17, 2020
Sold by
Huddle John M and Huddle Sarah P
Bought by
Jeffrey Derek and Sellers Christine Ann
Seller's Agent
Jennie Dotts
Long & Foster REALTORS
Buyer's Agent
Sara Crum
Hometown Realty
List Price
$575,000
Sold Price
$526,500
Premium/Discount to List
-$48,500
-8.43%
Current Estimated Value
$815,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,992
Avg. Annual Appreciation
8.31%
Original Mortgage
$421,200
Outstanding Balance
$373,492
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$442,000

Purchase Details

Closed on
Jun 28, 2007
Sold by
Neher Richard
Bought by
Huddle John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jeffrey Derek $526,500 Attorney
Huddle John $438,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey Derek $421,200
Previous Owner Huddle John $350,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $526,500 -4.2% $180 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
04/18/2020 04/18/20 Price Changed $549,500 -4.4% $188 / Sq Ft
03/03/2020 03/03/20 For Sale $575,000 -- $197 / 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 $8,220 $730,000 $205,000 $525,000
2024 $8,220 $685,000 $180,000 $505,000
2023 $7,704 $642,000 $165,000 $477,000
2022 $6,588 $549,000 $120,000 $429,000
2020 $5,796 $562,000 $110,000 $452,000
2019 $5,304 $521,000 $95,000 $426,000
2018 $5,244 $516,000 $95,000 $421,000
2017 $5,988 $499,000 $85,000 $414,000
2016 $4,728 $473,000 $115,000 $358,000
2015 $2,154 $439,000 $115,000 $324,000
2014 $2,154 $361,000 $105,000 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2006676

Central Virginia Regional MLS

APN: E000-0484-023