NOT LISTED FOR SALE

Estimated Value: $2,744,518

3 Beds
2 Baths
1,175 Sq Ft
$2,336/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Skylights
  • Open High School Rated A+
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of October 2023

ARTS DISTRICT. Stylish upscale 3 bedroom 2 bath apartment in the heart of downtown Richmond 306 E. Grace Apts is within steps from everything you need. Close to VCU/MCV, the Canal, Browns Island, the arts district and restaurants. Features Include: - open two level floor plan. - kitchen including granite counter tops stainless steel appliances plenty of cabinet drawer and counter top space perfect for the aspiring chef. Open floor plans, historic features and distinct architectural features. Washer/Dryer included. Water, electricity and basic internet included. Tenant will be responsible for parking.

Last Agent to Rent the Property

Theresa Alford

Henry Briggs & Assoc, Inc License #0225199872 Listed on: 09/19/2023

Last Renter's Agent

Theresa Alford

Henry Briggs & Assoc, Inc License #0225199872 Listed on: 09/19/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $26,388

Year Built

  • 1928

Lot Details

  • 4,008

Parking

  • On-Street Parking

Interior Spaces

  • 1,175 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Skylights
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $1,695
  • Property Available on 9/22/23
  • 12 Month Lease Term
  • Assessor Parcel Number W000-0036-017

Property Details

Home Type

Apartment

Est. Annual Taxes

$26,388

Year Built

1928

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Air Conditioning, Electricity, Heat, Sewer, Water
  • Lease Term: 12 Months
  • Available Date: 2023-09-22
  • Security Deposit: 1695.0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1928

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen, Granite Counters, High Speed Internet, Main Level Primary, Skylights, Wired for Data
  • Living Area: 1175.0
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Pool Features: None

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: Conditional

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-0036-017
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Carver
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
306 Grace Llc
Bought by
3416 Stuart Avenue Llc
Current Estimated Value
$2,744,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,483,913
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,260,605

Purchase Details

Closed on
Apr 25, 2014
Sold by
Madison Development Co
Bought by
Ramachandran Satish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2012
Sold by
Roupas Nicholas A
Bought by
306 Grace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,659,497
Interest Rate
3.4%
Mortgage Type
Construction
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
3416 Stuart Avenue Llc $2,200,000 Fidelity National Title
Ramachandran Satish $297,000 --
306 Grace Llc $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3416 Stuart Avenue Llc $1,600,000
Previous Owner Ramachandran Satish $237,600
Previous Owner 306 Grace Llc $1,659,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2023 10/15/23 Rented $1,795 +5.9% --
09/19/2023 09/19/23 For Rent $1,695 -- --
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 $26,388 $2,199,000 $245,000 $1,954,000
2024 $25,272 $2,106,000 $245,000 $1,861,000
2023 $25,272 $2,106,000 $245,000 $1,861,000
2022 $23,832 $1,986,000 $245,000 $1,741,000
2021 $22,888 $1,831,000 $195,000 $1,636,000
2020 $9,028 $1,831,000 $195,000 $1,636,000
2019 $7,515 $1,710,000 $195,000 $1,515,000
2018 $7,515 $1,710,000 $195,000 $1,515,000
2017 $21,375 $1,710,000 $195,000 $1,515,000
2016 $7,515 $1,710,000 $195,000 $1,515,000
2015 $6,265 $1,658,000 $195,000 $1,463,000
2014 $6,265 $1,610,000 $195,000 $1,415,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2322880

Central Virginia Regional MLS

APN: W000-0036-017