NOT LISTED FOR SALE

402 Forest Ave Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $516,000 - $772,951

3 Beds
1.5 Baths
2,820 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $540,000 $191 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,803/month

10 Days on Market

Highlights

  • River Access
  • Colonial Architecture
  • Window Unit Cooling System
  • Waterfront
  • 2 Car Detached Garage
  • Radiator

About This Home

As of February 2021

1830's Colonial Farmhouse is listed in the VA Dept. of Historic Resources as one of the oldest standing structures in Henrico. This home sits on nearly 120 acres and boasts 4 bedrooms 1.5 baths amongst 3 levels that features tons of character and charm with an english basement and fireplaces in every room. The property also features several outbuildings including a large garage. The land has mixed zoning with approximately 48 acres zoned A-1 that has immediate opportunity for development with water and sewer available. The remainder is conservation wetlands. The property also front nearly 400 feet of the Chickahominy river and features and a daffodil farm. Contact Blake for showings.

Last Agent to Sell the Property

Blake Jones

RB Jones Properties LLC License #0225244012 Listed on: 12/04/2020

Last Buyer's Agent

Anne Soffee

Small & Associates License #0225180705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,827

Year Built

  • Built in 1840

Lot Details

  • Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Brick Exterior Construction

Interior Spaces

  • 2,820 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • River Access
  • Walking Distance to Water

Schools

  • Highland Springs Elementary School
  • Fairfield Middle School
  • Highland Springs

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Well
  • Septic Tank

Community Details

  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 821-730-7989

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,827

Year Built

Built in 1840

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1840
  • Property Attached Yn: No
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Colonial, Farmhouse
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2820.0
  • Stories: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: None
  • Waterfront Features: River Access, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Disclosure on File
  • Construction Type: Brick
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Oil, Radiator(s)
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Fairfield

Lot Info

  • Parcel Number: 821-730-7989
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3827.0

MLS Schools

  • Elementary School: Highland Springs
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 8, 2021
Sold by
Forest Ave Llc
Bought by
Tsow David A
Seller's Agent
Blake Jones
RB Jones Properties LLC
Buyer's Agent
Anne Soffee
Small & Associates
List Price
$695,000
Sold Price
$540,000
Premium/Discount to List
-$155,000
-22.3%
Current Estimated Value
$644,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,738
Avg. Annual Appreciation
3.80%

Purchase Details

Closed on
Nov 27, 2017
Sold by
Hayek Barbara P and Neagle John E
Bought by
Forest Ave Llc A Virginia Limited Liabil

Purchase Details

Closed on
Aug 10, 2017
Sold by
Price Roy A and Neagle John E
Bought by
Neagle John E and Neagle Elizabeth T
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Tsow David A $540,000 Attorney
Forest Ave Llc A Virginia Limited Liabil -- None Available
Neagle John E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2021 02/15/21 Sold $540,000 -22.3% $191 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $695,000 -- $246 / 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 $4,865 $531,800 $348,100 $183,700
2024 $4,865 $530,400 $348,100 $182,300
2023 $4,508 $530,400 $348,100 $182,300
2022 $4,494 $528,700 $346,100 $182,600
2021 $3,926 $439,900 $320,500 $119,400
2020 $3,827 $439,900 $320,500 $119,400
2019 $3,781 $434,600 $320,500 $114,100
2018 $3,682 $423,200 $320,500 $102,700
2017 $3,638 $418,200 $320,700 $97,500
2016 $2,041 $413,000 $320,700 $92,300
2015 $2,098 $413,000 $320,700 $92,300
2014 $2,098 $413,600 $320,600 $93,000
Source: Public Records

Agents Affiliated with this Home

  • Blake Jones

    Seller's Agent in 2021

    Blake Jones

    RB Jones Properties LLC

    (804) 317-9436

    4 in this area

    49 Total Sales

    Blake Jones
    Section Image
  • Anne Soffee

    Buyer's Agent in 2021

    Anne Soffee

    Small & Associates

    (804) 868-8163

    2 in this area

    158 Total Sales

    Anne Soffee
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2036161

Central Virginia Regional MLS

APN: 821-730-7989

Virginia Henrico County Richmond 23223 Fairfield

402 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 ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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