NOT LISTED FOR SALE

4007 Patterson Ave Richmond, VA 23221

Colonial Place Neighborhood

Estimated Value: $769,347 - $911,000

3 Beds
4 Baths
2,053 Sq Ft
$404/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $390,000 $190 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,948/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Granite Countertops
  • Mary Munford Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of March 2016

Outstanding NEAR WEST END expanded cape cod. Been looking for a cape with over 2000 of non cramped space, and a basement in MARY MUNFORD elem? HERE YOU GO! This cute cape features formal living room with wood burning fireplace, RENOVATED enlarged kitchen with GRANITE countertops, eat-at ISLAND, STAINLESS appliances all open to great eating/dining area. A layout very difficult to find in area 20! Also you will find an office/playroom or possible bedroom on the first floor (front room- currently a playroom) with powder room. AND a separate additional room off the dining area -- great as a informal den or second office/playroom which opens to the back stoop. AND a screened porch! Upstairs has3 bedrooms and a dressing room. You can use the front bedroom with private bath as the master. Or use the rear bedroom and sitting room as your master wing. Your choice. Nice well lit clean unfinished basement. Basement is approx 500 sq ft. Look at this PARTY YARD! Fenced rear yard w/ large shed and a smaller bike shed. Transferring owners will gladly leave the projection screen and dart board. Replacement windows. 2 zone elec heat pumps.Oil furnace. Gutter guards. A FIND!

Last Agent to Sell the Property

Jenny Maraghy

Compass License #0225161742 Listed on: 01/21/2016

Compass

Last Buyer's Agent

Holly Shaheen

Shaheen Ruth Martin & Fonville License #0225036056

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1949

Lot Details

  • 9,845 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R-5 Single Family

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2,053 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Formal Dining Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Basement Storage

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Water Heater

Community Details

  • Grove Avenue Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number W0001873004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,176

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Property Attached Yn: No
  • Lot Size Acres: 0.226
  • Ownership: Individuals
  • Subdivision Name: Grove Avenue Crest
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: Partial, Storage Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Refrigerator, Stove
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters
  • Living Area: 2053.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall, Vinyl Siding
  • Exterior Features: Deck, Out Building(s), Porch, Storage, Shed
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio, Screened, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric, Zoned
  • Cooling: Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W0001873004
  • Zoning Description: R-5 Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4176.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Feb 15, 2016
Sold by
Gleva Mark S
Bought by
Steele Barbara J
Seller's Agent
Jenny Maraghy
Compass
Buyer's Agent
Holly Shaheen
Shaheen Ruth Martin & Fonville
List Price
$410,000
Sold Price
$390,000
Premium/Discount to List
-$20,000
-4.88%
Current Estimated Value
$830,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,337
Avg. Annual Appreciation
8.01%
Original Mortgage
$312,000
Outstanding Balance
$246,847
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$583,490

Purchase Details

Listed on
Jun 28, 2013
Closed on
Aug 21, 2013
Sold by
Fisher Ryan R
Bought by
Gleva Mark S
Seller's Agent
Debbie Gibbs
The Steele Group
Buyer's Agent
Marcia Thomas
Hometown Realty
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$276,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2008
Sold by
Adamson John G
Bought by
Fisher Ryan R and Manion,Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,150
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2008
Sold by
Winn Arthur
Bought by
Adamson John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.2%
Mortgage Type
Construction
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
Steele Barbara J $390,000 Attorney
Gleva Mark S $345,000 --
Fisher Ryan R $333,500 --
Adamson John G $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Barbara J $312,000
Previous Owner Gleva Mark S $276,000
Previous Owner Fisher Ryan R $300,150
Previous Owner Adamson John G $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2016 03/18/16 Sold $390,000 -4.9% $190 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $410,000 +18.8% $200 / Sq Ft
08/26/2013 08/26/13 Sold $345,000 -1.4% $168 / Sq Ft View Prior Sale
06/29/2013 06/29/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $350,000 -- $170 / 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 $7,320 $626,000 $215,000 $411,000
2024 $7,320 $610,000 $215,000 $395,000
2023 $6,816 $568,000 $195,000 $373,000
2022 $6,072 $506,000 $160,000 $346,000
2020 $5,172 $431,000 $90,000 $341,000
2019 $5,052 $421,000 $80,000 $341,000
2018 $4,195 $383,000 $80,000 $303,000
2017 $4,536 $378,000 $75,000 $303,000
2016 $3,093 $358,000 $75,000 $283,000
2015 $2,580 $348,000 $75,000 $273,000
2014 $2,580 $330,000 $75,000 $255,000
Source: Public Records

Agents Affiliated with this Home

  • Jenny Maraghy

    Seller's Agent in 2016

    Jenny Maraghy

    Compass

    (804) 405-7337

    18 in this area

    858 Total Sales

    Jenny Maraghy
    Section Image
  • Holly Shaheen

    Buyer's Agent in 2016

    Holly Shaheen

    Shaheen Ruth Martin & Fonville

    (804) 218-7654

    3 in this area

    109 Total Sales

    Holly Shaheen
    Section Image
  • Debbie Gibbs

    Seller's Agent in 2013

    Debbie Gibbs

    The Steele Group

    (804) 402-2024

    1 in this area

    173 Total Sales

    Debbie Gibbs
    Section Image

  • M

    Buyer's Agent in 2013

    Marcia Thomas

    Hometown Realty

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1602020

Central Virginia Regional MLS

APN: W000-1873-004

Virginia Richmond City County Richmond 23221 Colonial Place

4007 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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