$299,000
SOLD MAY 21, 2025

409 N 3 1 2 Ave Hopewell, VA 23860

-- Bed
-- Bath
1,810 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

7 Days on Market

Highlights

  • Front Porch
  • 1-Story Property
  • 2-minute walk to 3 1/2 Street Playground
  • Level Lot

About This Home

As of May 2025

This fully renovated duplex offers a fantastic opportunity for investors, house hackers, or anyone looking for a move-in-ready rental property. Each unit features 3 bedrooms and 1 full bathroom, with an open-concept living room and kitchen area that provides a spacious and functional layout. Recent updates include new LVP flooring, fresh interior paint, updated kitchens with quartz countertops, new siding, and a new roof. Both units are on separate Dominion power panels, and each has its own new HVAC system and hot water heater, offering efficiency and convenience for tenants or owners. The location is ideal—just two blocks from John Randolph Hospital and The Boathouse at City Point, and directly across the street from a well-maintained playground. This makes the property especially appealing for long-term renters, short-term rental use, or owner-occupants looking to offset their mortgage with rental income.This is a turnkey property in a growing area with strong rental demand and great proximity to amenities.

Last Agent to Sell the Property

Brad Ruckart

Real Broker LLC Brokerage Email: Membership@TheRealBrokerage.com License #0225064787 Listed on: 04/07/2025

Real Broker LLC

Co-Listed By

Joshua Staneart

Real Broker LLC Brokerage Email: Membership@TheRealBrokerage.com License #0225252286

Last Buyer's Agent

Joy Montrief

Nest Realty Group License #0225223492

Nest Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 1947

Lot Details

  • 7,187 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Schools

  • Harry James Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Additional Features

  • Front Porch
  • Water Heater

Community Details

  • 2 Units
  • B Village Subdivision

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 011-0865

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,305

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1947
  • Attribution Contact: Membership@TheRealBrokerage.com
  • Lot Size Acres: 0.165
  • Co List Office Mls Id: RLTK01
  • Co List Office Phone: (855) 450-0442
  • Ownership: Corporate
  • Subdivision Name: B Village
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Partial
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Living Area: 1810.0
  • Stories: 1

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Lot Features: Level
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 011-0865
  • Zoning Description: RP
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1305.16
  • Tax Lot: A

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Harry James
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
May 13, 2025
Sold by
409 N 3 Avenue Llc
Bought by
Branch Vincent
Seller's Agent
Brad Ruckart
Real Broker LLC
Buyer's Agent
Joy Montrief
Nest Realty Group
List Price
$299,000
Sold Price
$299,000
Views
46
Current Estimated Value
$287,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,108
Avg. Annual Appreciation
-11.16%
Original Mortgage
$284,050
Outstanding Balance
$283,547
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$4,345

Purchase Details

Closed on
Jul 8, 2024
Sold by
Pierson Jamard L
Bought by
409 N 3 Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,200
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jul 6, 2016
Sold by
Federal National Mortgage Association
Bought by
Pierson Jamard L
Seller's Agent
Diana Hayes
Harris & Assoc, Inc
Buyer's Agent
Keith Wagner
EXP Realty LLC
List Price
$43,000
Sold Price
$30,000
Premium/Discount to List
-$13,000
-30.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.04%

Purchase Details

Closed on
Feb 10, 2016
Sold by
Alg Trustees Llc Sub Tr
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 10, 2007
Sold by
Smith Darline R
Bought by
Greene Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2005
Sold by
Federal Natl Mtg Association
Bought by
Smith Darline R
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 Type Sale Price Title Company
Bargain Sale Deed $299,000 Sage Title Group
Bargain Sale Deed $120,000 Apex Title
Special Warranty Deed $30,000 Atlantic Coast Stlmnt Svcs
Trustee Deed $51,300 None Available
Warranty Deed $74,250 --
Warranty Deed $36,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,050 New Conventional
Previous Owner $194,200 New Conventional
Previous Owner $74,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $299,000 0.0% $165 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $299,000 +896.7% $165 / Sq Ft
07/26/2016 07/26/16 Sold $30,000 -30.2% $17 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $43,000 -- $25 / 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 $1,594 $136,200 $35,600 $100,600
2024 $1,351 $115,500 $32,400 $83,100
2023 $2,059 $115,500 $32,400 $83,100
2022 $796 $70,400 $32,400 $38,000
2021 $796 $70,400 $32,400 $38,000
2020 $796 $70,400 $32,400 $38,000
2019 $796 $70,400 $32,400 $38,000
2018 $643 $56,900 $32,400 $24,500
2017 $643 $56,900 $32,400 $24,500
2016 $662 $58,600 $32,400 $26,200
2015 $662 $58,600 $32,400 $26,200
2014 $764 $45,900 $15,000 $30,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2509091

Central Virginia Regional MLS

APN: 011-0865