NOT LISTED FOR SALE

3114 Hanover Ave Richmond, VA 23221

The Museum District Neighborhood

Estimated Value: $867,739 - $921,000

8 Beds
4 Baths
2,832 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $525,000 $185 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,875/month

20 Days on Market

Highlights

  • City View
  • Open High School Rated A+
  • Front Porch

About This Home

As of March 2019

MUSEUM DISTRICT QUAD. Brick, separately metered apartment building with excellent rental history. Each unit is approximately 708 Sq. Ft. and features 1 Bedroom, Living Room, Dining Room and Kitchen. Stack washer/dryer in each unit. Renovated bathrooms in Units A & B. Great location within easy walking distance to restaurants, shopping and entertainment.

Last Agent to Sell the Property

Ken Hurst

Ken Hurst Real Estate License #0225056199 Listed on: 01/04/2019

Last Buyer's Agent

Kevin Allocca

Neumann & Dunn Real Estate License #0225028604

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,624

Year Built

  • Built in 1912

Lot Details

  • 3,685

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slate Roof
  • Metal Roof
  • Plaster

Interior Spaces

  • 2,832 Sq Ft Home
  • 2-Story Property
  • City Views
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

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

Additional Features

  • Front Porch
  • 3,685 Sq Ft Lot
  • Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $42,840

Listing and Financial Details

  • Assessor Parcel Number W000-1410-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,624

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1912
  • Lot Size Acres: 0.0846
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Approximate
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Living Area: 2832.0
  • Stories: 2

Exterior Features

  • Roof: Metal, Slate
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Plaster
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1410-026
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 42840.0
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3624.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
3114 Hanover Ave Llc
Bought by
Mcmoon Valerie V
Current Estimated Value
$894,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,800
Outstanding Balance
$478,946
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$367,613

Purchase Details

Closed on
Sep 11, 2020
Sold by
Daleng Myra Lynn
Bought by
3118 Hanover Ave Llc

Purchase Details

Closed on
Jul 14, 2020
Sold by
Mcmoon John J and Mcmoon Valerie V
Bought by
3114 Hanover Ave Llc

Purchase Details

Listed on
Jan 4, 2019
Closed on
Mar 14, 2019
Sold by
3114 Hanover Avenue Llc
Bought by
Mcmoon Valerie V and Mcmoon John J
Seller's Agent
Ken Hurst
Ken Hurst Real Estate
Buyer's Agent
Kevin Allocca
Neumann & Dunn Real Estate
List Price
$559,000
Sold Price
$525,000
Premium/Discount to List
-$34,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$393,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2015
Sold by
Greenberg Eugene D and Levine David E
Bought by
3114 Hanover Avenue Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcmoon Valerie V -- Tluchak Redwood & Culbertson P
3118 Hanover Ave Llc -- None Available
3114 Hanover Ave Llc -- None Available
Mcmoon Valerie V $525,000 Apex Title & Stlmnt Svc Llc
3114 Hanover Avenue Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmoon Valerie V $513,800
Previous Owner Mcmoon Valerie V $393,750
Previous Owner Greenberg Eugene D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $525,000 -6.1% $185 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $559,000 -- $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 $24 $2,000 $1,000 $1,000
2024 $24 $2,000 $1,000 $1,000
2023 $24 $2,000 $1,000 $1,000
2022 $5,664 $472,000 $145,000 $327,000
2021 $5,148 $444,000 $115,000 $329,000
2020 $5,148 $429,000 $100,000 $329,000
2019 $3,936 $328,000 $100,000 $228,000
2018 $3,624 $302,000 $100,000 $202,000
2017 $3,384 $282,000 $90,000 $192,000
2016 $3,336 $278,000 $85,000 $193,000
2015 $2,748 $273,000 $85,000 $188,000
2014 $2,748 $229,000 $80,000 $149,000
Source: Public Records

Agents Affiliated with this Home

  • Ken Hurst

    Seller's Agent in 2019

    Ken Hurst

    Ken Hurst Real Estate

    (804) 683-5366

    3 in this area

    30 Total Sales

    Section Image
  • Kevin Allocca

    Buyer's Agent in 2019

    Kevin Allocca

    Neumann & Dunn Real Estate

    (804) 909-5751

    140 Total Sales

    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1900346

Central Virginia Regional MLS

APN: W000-1410-026

Virginia Richmond City County Richmond 23221 The Museum District

3114 Hanover Ave, Richmond, VA

This home is located at 3114 Hanover Ave, Richmond, VA 23221 since 04 January 2019 and is currently estimated at $894,370, approximately $315 per square foot. This property was built in 1912. 3114 Hanover Ave is a home located in Richmond City with nearby schools including Lois-Harrison Jones Elementary School, Albert Hill Middle, and Thomas Jefferson High School.

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.

Central Virginia Regional MLS 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.

Nearby Homes