NOT LISTED FOR SALE

Estimated Value: $2,666,405

2 Beds
1 Bath
800 Sq Ft
$3,333/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • High Ceiling
  • Skylights
  • Open High School Rated A+
  • Solid Surface Countertops
  • Cooling Available

About This Home

As of December 2022

Stylish upscale 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 is included. Tenant will be responsible for parking.

Last Agent to Rent the Property

Theresa Alford

Henry Briggs & Assoc, Inc License #0225199872 Listed on: 10/18/2022

Last Renter's Agent

Theresa Alford

Henry Briggs & Assoc, Inc License #0225199872 Listed on: 10/18/2022

Property Details

Home Type

  • Apartment

Year Built

  • 1928

Lot Details

  • 4,008 Sq Ft Lot

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Wood Flooring
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $1,395
  • Property Available on 10/24/22
  • Assessor Parcel Number W000-0036-017

Property Details

Home Type

Apartment

Year Built

1928

Lot Details

4,008 Sq Ft Lot

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Air Conditioning, Electricity, Hot Water, Internet, Sewer, Water
  • Lease Term: Other
  • Available Date: 2022-10-24
  • Security Deposit: 1395.0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Lot Size Acres: 0.092
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 3
  • Year Built (Public Record): 1928

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: High Ceilings, Solid Surface Counters, Skylights
  • Living Area: 800.0
  • Stories: 3
  • Window Features: Skylight(s)

Exterior Features

  • Pool Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • 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
$2,666,405

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
$1,460,689
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,205,716

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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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 List to Sale Price per Sq Ft
12/29/2022 12/29/22 Rented $1,395 0.0% --
10/18/2022 10/18/22 For Rent $1,395 -- --
Source: Central Virginia Regional MLS

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
2026 $26,388 $2,199,000 $245,000 $1,954,000
2025 $25,272 $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
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: 2228489

Central Virginia Regional MLS

APN: W000-0036-017

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