Seller's Agent in 2020
Justin Sledd
One South Commercial LLC
(804) 307-4060
3 in this area
79 Total Sales
Located in Richmond’s Northside, this quad features traditional architecture from the 1920’s with brick construction. The large parcel includes a landscaped front yard and a rear yard with a large off-street parking area.
Each of the four apartments are two-bedroom/one bath units and runs the length of the building providing natural lighting from windows overlooking both the front and rear yards. All units also include outdoor living spaces on street-facing terraces and rear decks. Other unit amenities include hardwood flooring, replacement windows, and fully equipped kitchens. All units are separately metered for utilities including electric and water.
2807 Barton Ave has strong historical occupancy and room for rent growth. An investor could assume ownership and immediately benefit from the current cash flow. Alternatively, those willing to do some light renovation would yield a return in substantially increased rental rates. The Northside rental market is quickly growing due to new construction and rising demand. Primed to take advantage of this growth, this listing offers a tremendous opportunity in this emerging neighborhood.
Last Agent to Sell the Property
One South Commercial LLC License #0225191850 Listed on: 12/17/2019
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2020 02/10/20 | Sold | $370,000 | +2.8% | $135 / Sq Ft |
| 12/24/2019 12/24/19 | Pending | -- | -- | -- |
| 12/17/2019 12/17/19 | For Sale | $360,000 | -- | $132 / Sq Ft |
| 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 | $5,568 | $483,000 | $110,000 | $373,000 |
| 2024 | $5,568 | $464,000 | $105,000 | $359,000 |
| 2023 | $5,208 | $434,000 | $75,000 | $359,000 |
| 2022 | $4,680 | $390,000 | $65,000 | $325,000 |
| 2020 | $2,904 | $242,000 | $50,000 | $192,000 |
| 2019 | $2,868 | $239,000 | $45,000 | $194,000 |
| 2018 | $2,700 | $225,000 | $45,000 | $180,000 |
| 2017 | $2,700 | $225,000 | $40,000 | $185,000 |
| 2016 | $2,436 | $203,000 | $29,000 | $174,000 |
| 2015 | $2,400 | $200,000 | $29,000 | $171,000 |
| 2014 | $2,400 | $200,000 | $29,000 | $171,000 |
Seller's Agent in 2020
Justin Sledd
One South Commercial LLC
(804) 307-4060
3 in this area
79 Total Sales
Seller Co-Listing Agent in 2020
Tom Rosman
One South Commercial LLC
(804) 539-3017
64 Total Sales
Buyer's Agent in 2020
Lisa Patel
KW Metro Center
(804) 601-0207
22 Total Sales
Source: Central Virginia Regional MLS
MLS Number: 1938297
APN: N-000-0786-017
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