NOT LISTED FOR SALE

3503 E Clay St Richmond, VA 23223

Chimborazo Neighborhood

Estimated Value: $665,000 - $701,000

4 Beds
2.5 Baths
2,400 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $645,000 $269 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,225/month

11 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Granite Countertops
  • Open High School Rated A+
  • High Ceiling
  • Front Porch

About This Home

As of May 2023

Built in 2020! Modern farmhouse w/full front porch w/2400 sqft, 4 bdrms, 2.5 baths, wide open living, dining & kitchen plus great storage inside & out. The natural light throughout is truly amazing. Custom details & quality finishes throughout - 5” wide white oak HARDWOODS floors UP & DOWN (NO LVP here), LEATHERED marble counters, stainless steel exterior railings, SHIPLAP details & more. This is no cookie cutter home. Dream kitchen w/classic white cabinetry w/soft close & dovetail components (no stapled drawers here), island w/bar seating, farmhouse sink, pantry, gas range, custom hood, subway tile & under cab lighting. 1st floor bedroom & mudroom cubbies at the back door. Custom cable railing staircase & shiplap detail on the 2nd floor back hall. The primary suite is a true retreat w/vaulted ceiling, 2 walk-in closets & primary bath to swoon over. The walk-in shower is a stunner, double sinks & private water closet. 2 more bedrooms, full bath w/beautiful tile on the walls (no plastic drop-in unit here) & floor, a laundry room, huge linen closet & pull down attic round out the 2nd floor. Private fenced yard w/patio & custom shed. Gas furnace & 2 zone hvac. Conditioned crawl.

Last Agent to Sell the Property

Lee Ann Ruby

Napier REALTORS ERA License #0225090574 Listed on: 03/28/2023

Last Buyer's Agent

Shannon Johnson

ICON Realty Group License #0225242218

ICON Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,420

Year Built

  • Built in 2020

Lot Details

  • 3,058 Sq Ft Lot
  • Street terminates at a dead end
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R-8

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number E000-1116-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,420

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Property Attached Yn: No
  • Lot Size Acres: 0.0702
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Bedroom on Main Level, Dining Area, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
  • Living Area: 2400.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition, Metal
  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Dead End, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, HardiPlank Type
  • Exterior Features: Porch, Storage, Shed
  • Patio And Porch Features: Front Porch, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s), Sidewalks

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Topography: Level
  • Parcel Number: E000-1116-002
  • Zoning Description: R-8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6420.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
May 2, 2023
Sold by
Carithers James P and Carithers Alana R
Bought by
Mcfalls Edward and Haffmans Marcia
Seller's Agent
Lee Ann Ruby
Napier REALTORS ERA
Buyer's Agent
Shannon Johnson
ICON Realty Group
List Price
$639,500
Sold Price
$645,000
Premium/Discount to List
$5,500
0.86%
Views
1
Current Estimated Value
$688,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,899
Avg. Annual Appreciation
2.43%

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jun 10, 2020
Sold by
Johnston Kyle H
Bought by
Carithers James P and Carithers Alana R
Seller's Agent
Christian Brock
Hometown Realty
Buyer's Agent
Lee Ann Ruby
Napier REALTORS ERA
List Price
$499,950
Sold Price
$500,000
Premium/Discount to List
$50
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$450,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2019
Closed on
Jun 28, 2019
Sold by
Bernstein Mark L
Bought by
Johnston Kyle H
Seller's Agent
Andrew Bernstein
RE/MAX Commonwealth
Buyer's Agent
Andrew Bernstein
RE/MAX Commonwealth
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
434.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Mcfalls Edward $645,000 First American Title
Carithers James P $500,000 Attorney
Johnston Kyle H $100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carithers James P $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2023 05/09/23 Sold $645,000 +0.9% $269 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $639,500 +27.9% $266 / Sq Ft
06/22/2020 06/22/20 Sold $500,000 0.0% $208 / Sq Ft View Prior Sale
05/13/2020 05/13/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $499,950 +400.0% $208 / Sq Ft
07/09/2019 07/09/19 Sold $100,000 -33.3% -- View Prior Sale
06/20/2019 06/20/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $150,000 -- --
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 $7,896 $691,000 $105,000 $586,000
2024 $7,896 $658,000 $85,000 $573,000
2023 $6,420 $535,000 $85,000 $450,000
2022 $5,952 $496,000 $65,000 $431,000
2020 $660 $55,000 $55,000 $0
2019 $849 $45,000 $45,000 $0
2018 $420 $35,000 $35,000 $0
2017 $420 $35,000 $35,000 $0
2016 $420 $35,000 $35,000 $0
2015 $749 $40,000 $40,000 $0
2014 $749 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Ann Ruby

    Seller's Agent in 2023

    Lee Ann Ruby

    Napier REALTORS ERA

    (804) 651-9281

    1 in this area

    68 Total Sales

    Lee Ann Ruby
    Section Image
  • Shannon Johnson

    Buyer's Agent in 2023

    Shannon Johnson

    ICON Realty Group

    (917) 232-5984

    2 in this area

    42 Total Sales

    Shannon Johnson
    Section Image

  • C

    Seller's Agent in 2020

    Christian Brock

    Hometown Realty

    (804) 920-9535

    6 in this area

    95 Total Sales

    Christian Brock
    Section Image
  • Andrew Bernstein

    Seller's Agent in 2019

    Andrew Bernstein

    RE/MAX

    (804) 837-2118

    23 Total Sales

    Andrew Bernstein
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2305502

Central Virginia Regional MLS

APN: E000-1116-002

Virginia Richmond City County Richmond 23223 Chimborazo

3503 E Clay St, Richmond, VA

Not Listed for Sale

Detached

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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.

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