Seller's Agent in 2021
Zachary Fauver
Real Broker LLC
(757) 403-4727
1 in this area
189 Total Sales
2918 3rd Ave Richmond, VA 23222
Chestnut Hill Neighborhood
8
Beds
--
Bath
3,680
Sq Ft
0.31
Acres
Highlights
- 0.31 Acre Lot
- Open High School Rated A+
- Victorian Architecture
About This Home
As of January 2021Cash Flowing and updated, this 4 unit building is a rare opportunity. Featuring three units with two bedrooms and one studio apartment. All units are very spacious and in good condition with new HVAC, new roof, electrical and plumbing. Currently 3 of the 4 units are occupied and cash flowing, one unit still needing to be refreshed and leased out. Current monthly income is $2,500 per month with the remaining unit being the best in the building it would easily rent for $1,200 per month. Don't miss out on this incredible opportunity.
Last Agent to Sell the Property
Real Broker LLC License #0225203199 Listed on: 04/16/2020
Last Buyer's Agent
Ben Swicegood
Keeton & Co Real Estate License #0225228448
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,020
Year Built
- Built in 1900
Lot Details
- 0.31 Acre Lot
Home Design
- Quadruplex
- Victorian Architecture
- Brick Exterior Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3,680 Sq Ft Home
- 2-Story Property
- Partial Basement
Parking
- Driveway
- Unpaved Parking
- On-Street Parking
Schools
- Overby-Sheppard Elementary School
- Martin Luther King Jr. Middle School
- Armstrong High School
Community Details
- 4 Units
- The Plateau Subdivision
- The community has rules related to allowing corporate owners
Listing and Financial Details
- Assessor Parcel Number N000-0919-004
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/28/2021 01/28/21 | Sold | $315,000 | -3.1% | $86 / Sq Ft | |
| 12/09/2020 12/09/20 | Pending | -- | -- | -- | |
| 12/04/2020 12/04/20 | For Sale | $325,000 | +3.2% | $88 / Sq Ft | |
| 05/18/2020 05/18/20 | Off Market | $315,000 | -- | -- | |
| 04/27/2020 04/27/20 | Price Changed | $325,000 | -7.1% | $88 / Sq Ft | |
| 04/16/2020 04/16/20 | For Sale | $350,000 | +105.9% | $95 / Sq Ft | |
| 03/09/2020 03/09/20 | Sold | $170,000 | -24.4% | $46 / Sq Ft | View Prior Sale |
| 02/12/2020 02/12/20 | Pending | -- | -- | -- | |
| 11/08/2019 11/08/19 | For Sale | $225,000 | 0.0% | $61 / Sq Ft | |
| 10/28/2019 10/28/19 | Pending | -- | -- | -- | |
| 10/16/2019 10/16/19 | For Sale | $225,000 | +65.4% | $61 / Sq Ft | |
| 06/12/2013 06/12/13 | Sold | $136,000 | -9.3% | $37 / Sq Ft | View Prior Sale |
| 04/25/2013 04/25/13 | Pending | -- | -- | -- | |
| 02/19/2013 02/19/13 | For Sale | $149,950 | -- | $41 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $4,296 | $358,000 | $82,000 | $276,000 |
| 2024 | $4,152 | $346,000 | $78,000 | $268,000 |
| 2023 | $4,152 | $346,000 | $78,000 | $268,000 |
| 2022 | $3,792 | $316,000 | $51,000 | $265,000 |
| 2020 | $2,254 | $188,000 | $39,000 | $149,000 |
| 2019 | $3,020 | $160,000 | $30,000 | $130,000 |
| 2018 | $1,872 | $156,000 | $30,000 | $126,000 |
| 2017 | $1,872 | $156,000 | $33,000 | $123,000 |
| 2016 | $1,812 | $151,000 | $33,000 | $118,000 |
| 2015 | $2,160 | $150,000 | $33,000 | $117,000 |
| 2014 | $2,160 | $180,000 | $33,000 | $147,000 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Fauver
-
B
Buyer's Agent in 2021
Ben Swicegood
Keeton & Co Real Estate
-
Mike Maynes
M
Seller's Agent in 2020
Mike Maynes
Atlantic Beacon Realty Inc
(804) 640-8235
51 Total Sales
-
Kenneth Storey
K
Seller's Agent in 2013
Kenneth Storey
Hometown Realty
(804) 730-7195
67 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2011667
APN: N-000-0919-004
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 ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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