NOT LISTED FOR SALE

4005 Patterson Ave Richmond, VA 23221

Colonial Place Neighborhood

Estimated Value: $755,000 - $909,000

4 Beds
3.5 Baths
2,168 Sq Ft
$400/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $645,000 $298 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,231/month

15 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Mary Munford Elementary School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of March 2021

Stunning newly reconstructed 2 story brick, 2,200 +/- feet, 4 bedroom, 3 and a half bath home in the Grove Avenue Crest Subdivision. 1st floor master bedroom with a large elegant bathroom. New all wood kitchen cabinets with soft close doors/drawers, marble countertops, new gas range, exhaust vent, dishwasher and microwave. The 2nd floor boasts a 2nd master bedroom/bath, two bedrooms, a full bath and common area. Hardwood floors throughout house with ceramic tile in bathrooms, utility room and sunroom. House sits on a larger lot within walking distance to many shops and restaurants. Detached, metal 1 car garage and plenty of parking at rear of property. Reconstruction entailed removal of all interior plaster, installation of new walls and insulation/foam for an air tight seal and increased energy efficiency and comfort. NEW 200 amp electric panel, wiring and devices, gas lines, plumbing supply/drain lines, heating/AC ductwork, dual zone Heating/AC systems with a 1st floor gas furnace and 2nd floor heat pump. Other new features include a tank less water heater, windows, roof, gutters and a large Trex board deck. This Home Offers So Much More - ITS A MUST SEE.

Last Agent to Sell the Property

Ralph Maggiore

Movement Realty Professionals License #0225185100 Listed on: 01/15/2021

Last Buyer's Agent

Adam Hancock

BHHS PenFed Realty License #0225232892

BHHS PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Zoning described as R-5

Parking

  • 1 Car Detached Garage
  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

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

Community Details

  • Grove Avenue Crest Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number W000-1873-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,024

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Property Attached Yn: No
  • Lot Size Acres: 0.2625
  • Ownership: Other
  • Subdivision Name: Grove Avenue Crest
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooking, Gas Water Heater, Microwave, Oven, Range, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Granite Counters
  • Living Area: 2168.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Back Yard, Partial, Wood
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck, Porch, Unpaved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage, Off Street, Unpaved

Utilities

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1873-005
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3024.0
  • Tax Lot: 12

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 1, 2021
Sold by
Lucid Investments Llc
Bought by
Ferrari Hope and Reiman Taylor Brooks
Seller's Agent
Ralph Maggiore
Movement Realty Professionals
Buyer's Agent
Adam Hancock
BHHS PenFed Realty
List Price
$675,000
Sold Price
$645,000
Premium/Discount to List
-$30,000
-4.44%
Current Estimated Value
$866,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,387
Avg. Annual Appreciation
6.21%
Original Mortgage
$548,250
Outstanding Balance
$491,467
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$374,920

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 14, 2020
Sold by
Matthews Moe
Bought by
Lucid Investments Llc
Seller's Agent
Cathy Mathews
Fresh Start Realty
Buyer's Agent
Ralph Maggiore
Movement Realty Professionals
List Price
$349,900
Sold Price
$329,000
Premium/Discount to List
-$20,900
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
207.10%

Purchase Details

Closed on
Nov 12, 2018
Sold by
Petschauer Erich and Harmic Sandra
Bought by
Matthews Moe and 4005 Patterson Ave Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4%
Mortgage Type
New Conventional
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
Ferrari Hope $645,000 First Title And Escrow
Lucid Investments Llc $329,000 First Title & Escrow Inc
Matthews Moe $230,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Hope $548,250
Previous Owner Matthews Moe $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $645,000 -0.8% $298 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $649,900 -3.7% $300 / Sq Ft
01/15/2021 01/15/21 For Sale $675,000 +105.2% $311 / Sq Ft
07/30/2020 07/30/20 Sold $329,000 -6.0% $152 / Sq Ft View Prior Sale
06/23/2020 06/23/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $349,900 -- $161 / 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 $8,784 $752,000 $225,000 $527,000
2024 $8,784 $732,000 $225,000 $507,000
2023 $8,328 $694,000 $205,000 $489,000
2022 $8,280 $690,000 $170,000 $520,000
2020 $3,024 $232,000 $90,000 $142,000
2019 $3,122 $256,000 $80,000 $176,000
2018 $2,844 $237,000 $80,000 $157,000
2017 $2,664 $222,000 $75,000 $147,000
2016 $2,616 $218,000 $75,000 $143,000
2015 $2,568 $215,000 $80,000 $135,000
2014 $2,568 $214,000 $80,000 $134,000
Source: Public Records

Agents Affiliated with this Home

  • Ralph Maggiore

    Seller's Agent in 2021

    Ralph Maggiore

    Movement Realty Professionals

    (804) 306-3112

    1 in this area

    50 Total Sales

    Ralph Maggiore
    Section Image

  • A

    Buyer's Agent in 2021

    Adam Hancock

    BHHS PenFed (actual)

    Section Image
  • Cathy Mathews

    Seller's Agent in 2020

    Cathy Mathews

    Fresh Start Realty

    (804) 245-1004

    36 Total Sales

    Cathy Mathews
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2101313

Central Virginia Regional MLS

APN: W000-1873-005

Virginia Richmond City County Richmond 23221 Colonial Place

4005 Patterson Ave, 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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