$125,000
SOLD AUG 16, 2024

401 N 3 1 2 Ave Hopewell, VA 23860

3 Beds
1 Bath
1,122 Sq Ft
5,793 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

19% Below List Price

43 Days on Market

Highlights

  • Wood Burning Stove
  • Screened Porch
  • Window Unit Cooling System
  • Solid Surface Countertops
  • 1 Car Detached Garage
  • 1-minute walk to 3 1/2 Street Playground

About This Home

As of August 2024

Welcome to 401 N 3 1/2 Ave, located in the heart of Hopewell, VA! This 3 bedroom 1 bath rancher is calling all investors who are eager for their next renovation or rental property! The house sits on a generously sized corner lot on a quite street with direct access to 3 1/2 Street park. The detached garage has power and would be the perfect spot for a shop or storage! The prime location is a huge draw, as it is within minutes from: Historic City Point, Hopewell City Marina, Hopewell Riverwalk & Park, restaurants/shopping, and so much more! Schedule your showings today, as this great deal will not last long!

Last Agent to Sell the Property

Brandon Allen

River City Elite Properties License #0225255342 Listed on: 06/28/2024

Co-Listed By

James Nay

River City Elite Properties License #0225221595

Last Buyer's Agent

Julio Moncada

James River Realty Group LLC License #0225052165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,035

Year Built

  • Built in 1947

Lot Details

  • 5,793 Sq Ft Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Zoning described as RP

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Screened Porch
  • Crawl Space

Kitchen

  • <<OvenToken>>
  • Electric Cooktop
  • Solid Surface Countertops

Flooring

  • Partially Carpeted
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Copeland Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Water Heater

Community Details

  • B Village Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 011-0855

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,035

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Property Attached Yn: No
  • Lot Size Acres: 0.133
  • Co List Office Mls Id: RLTK02
  • Co List Office Phone: (804) 594-6750
  • Ownership: Individuals
  • Subdivision Name: B Village
  • Above Grade Finished Sq Ft: 1122.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate, Partially Carpeted, Vinyl
  • Basement: Crawl Space
  • Appliances: Dryer, Electric Cooking, Electric Water Heater, Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Solid Surface Counters
  • Living Area: 1122.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Shingle
  • Fencing: Chain Link, Fenced, Full
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Screened, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Oil, Wood Stove
  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 011-0855
  • Zoning Description: RP
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1035.08
  • Tax Lot: 4

MLS Schools

  • Elementary School: Copeland
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 15, 2024
Sold by
Nve Rehab Llc
Bought by
Sanchez Jose G
Seller's Agent
Brandon Allen
River City Elite Properties
Buyer's Agent
Julio Moncada
James River Realty Group LLC
List Price
$155,000
Sold Price
$125,000
Premium/Discount to List
-$30,000
-19.35%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%

Purchase Details

Closed on
Feb 27, 2024
Sold by
Powell Carroll H and Powell Jerri Gill
Bought by
Nve Rehab Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $125,000 Fidelity National Title
Bargain Sale Deed $110,000 Rocket Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $32,900 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $299,950 +140.0% $234 / Sq Ft
08/16/2024 08/16/24 Sold $125,000 -10.7% $111 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $139,900 -6.4% $125 / Sq Ft
07/16/2024 07/16/24 Price Changed $149,500 -3.5% $133 / Sq Ft
06/28/2024 06/28/24 For Sale $155,000 -- $138 / 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
2024 $1,072 $91,600 $26,100 $65,500
2023 $1,035 $91,600 $26,100 $65,500
2022 $624 $55,200 $26,100 $29,100
2021 $624 $55,200 $26,100 $29,100
2020 $624 $55,200 $26,100 $29,100
2019 $624 $55,200 $26,100 $29,100
2018 $714 $63,200 $26,100 $37,100
2017 $714 $63,200 $26,100 $37,100
2016 $720 $63,700 $26,100 $37,600
2015 $720 $63,700 $26,100 $37,600
2014 $1,064 $63,900 $15,000 $48,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2416891

Central Virginia Regional MLS

APN: 011-0855