NOT LISTED FOR SALE

331 Forest Ave Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $295,000 - $352,396

3 Beds
1.5 Baths
1,864 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2023

Last sale price $334,000 $179 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,072 / mo

20 Days on Market

Highlights

  • 0.9 Acre Lot
  • 2 Car Detached Garage
  • Central Air
  • Wood Flooring
  • Glass Enclosed
  • Power Generator

About This Home

As of July 2023

First offering! This meticulously maintained brick rancher has been well loved for the last 52 years by its only owners. It is situated on a large private lot, nearly an acre in size. Featuring approximately 1800 sqft of quality living space, formal living room, dining room, 3 bedrooms, hardwood floors, updated kitchen with corian countertops, large family room, opens up to the gorgeous sunroom. Upon entering the backyard you are welcomed with the large stamped concrete patio looking out onto your private space. This home also has a Generac generator, to go along with a large 2 car detached garage. This home is ready for its next owners!

Last Agent to Sell the Property

Blake Jones

RB Jones Properties LLC License #0225244012 Listed on: 05/16/2023

RB Jones Properties LLC

Last Buyer's Agent

Jennifer Bebbs

Honey Tree Realty License #0225229269

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1971

Lot Details

  • 39,160 Sq Ft Lot
  • Zoning described as R3

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Wood Flooring

Kitchen

  • Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Glass Enclosed

Schools

  • Donahoe Elementary School
  • Elko Middle School
  • Highland Springs

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Water Heater

Community Details

  • Acreage Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 819-729-9442

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,983

Year Built

Built in 1971

Lot Details

0.9 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1971
  • Property Attached Yn: No
  • Lot Size Acres: 0.899
  • Ownership: Individuals
  • Subdivision Name: Acreage
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Stove, Washer
  • Other Equipment: Generator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Living Area: 1864.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Glass Enclosed, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport, Driveway, Detached, Garage, Paved

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Parcel Number: 819-729-9442
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1983.0
  • Tax Lot: 27

MLS Schools

  • Elementary School: Donahoe
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jul 7, 2023
Sold by
Neagle John E and Neagle Elizabeth T
Bought by
Kennedy Alexis M and Salazar Nicholas B
Seller's Agent
Blake Jones
RB Jones Properties LLC
Buyer's Agent
Jennifer Bebbs
Honey Tree Realty
List Price
$339,950
Sold Price
$334,000
Premium/Discount to List
-$5,950
-1.75%
Views
272
Current Estimated Value
$338,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,527
Avg. Annual Appreciation
-1.26%
Original Mortgage
$327,950
Outstanding Balance
$319,802
Interest Rate
6.57%
Mortgage Type
FHA
Estimated Equity
$2,297
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kennedy Alexis M -- Fidelity National Title
Kennedy Alexis M -- Fidelity National Title
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 Kennedy Alexis M $327,950
Closed Kennedy Alexis M $327,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $334,000 -1.8% $179 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $339,950 -- $182 / Sq Ft
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
2025 $2,841 $303,500 $40,000 $263,500
2024 $2,841 $296,300 $40,000 $256,300
2023 $2,519 $296,300 $40,000 $256,300
2022 $1,983 $233,300 $38,500 $194,800
2021 $1,911 $207,000 $37,500 $169,500
2020 $1,801 $207,000 $37,500 $169,500
2019 $1,710 $196,500 $35,000 $161,500
2018 $1,519 $174,600 $32,000 $142,600
2017 $1,422 $163,500 $32,000 $131,500
2016 $1,312 $150,800 $32,000 $118,800
2015 $1,297 $149,100 $32,000 $117,100
2014 $1,297 $149,100 $32,000 $117,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Blake Jones

    RB Jones Properties LLC

    Section Image
  • Jennifer Bebbs

    Buyer's Agent in 2023

    Jennifer Bebbs

    Honey Tree Realty

    (301) 523-2920

    1 in this area

    73 Total Sales

    Jennifer Bebbs
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2311779

Central Virginia Regional MLS

APN: 819-729-9442

Virginia Henrico County Richmond 23223 Fairfield

331 Forest Ave, Richmond, VA

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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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