NOT LISTED FOR SALE

4316 Grantlake Rd Richmond, VA 23234

Cottrell Farms Neighborhood

Estimated Value: $73,000 - $281,000

0.59 Acre
$283,340 Price per Acre
25,496 Sq Ft Lot

Last Sold August 13, 2021

Last sale price $58,000

Est. 186% increase in value since last sale

Current estimated payment $967/month

47 Days on Market

About This Lot

As of August 2021

Location, Location, Location!!! This gorgeous lot is located at the end of a quiet cul-de-sac and offers direct access to Falling Creek! Create the feeling of being on vacation with this waterfront lot. At over half an acre, you’ll have ample room to build your dream home in a beautiful neighborhood that offers convenient access to Carytown, The Fan district and the heart of Richmond. Set an appointment to see it today!

Last Agent to Sell the Property

Adam Bennett

Real Broker LLC License #0225229984 Listed on: 06/01/2021

Real Broker LLC

Co-Listed By

Clayton Gits

Real Broker LLC License #0225086086

Last Buyer's Agent

Jonathan Park

EXP Realty LLC License #0225243693

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $378

Lot Details

  • 0.59 Acre Lot
  • Waterfront
  • Zoning described as R-3

Schools

  • Francis Elementary School
  • River City Middle School
  • Richmond High School For The Arts

Utilities

  • Water Not Available

Community Details

  • Grantlake Hills Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number C008-1112-018 & 778-69-28-75-800-000

Property Details

Property Type

Land

Est. Annual Taxes

$378

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.5853
  • Co List Office Mls Id: EXXP01
  • Co List Office Phone: (804) 729-5188
  • Ownership: Individuals
  • Subdivision Name: Grantlake Hills
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: Yes

Utilities

  • Electric: Unknown
  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Natural Gas Not Available

Schools

  • Middle Or Junior School: River City

Lot Info

  • Parcel Number: C008-1112-018 & 778-69-28-75-800-000
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 378.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Francis
  • High School: Richmond High School for the Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 12, 2021
Sold by
Law Jeffrey and Fung Carol
Bought by
Ugwu Arinzechukwu
Seller's Agent
Adam Bennett
Real Broker LLC
Buyer's Agent
Jonathan Park
EXP Realty LLC
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%
Current Estimated Value
$165,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,839
Avg. Annual Appreciation
28.34%

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 9, 2021
Sold by
Willard Williams J
Bought by
Law Jeffrey and Fung Carol
Seller's Agent
DEBRA HOFFMAN
BHHS PenFed Realty
Buyer's Agent
Adam Bennett
Real Broker LLC
List Price
$50,000
Sold Price
$46,000
Premium/Discount to List
-$4,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.01%

Purchase Details

Closed on
Jun 27, 2019
Sold by
Williams J Willard
Bought by
Williams J Willard and The J Willard Williams Revocable Living

Purchase Details

Closed on
Apr 30, 1998
Sold by
Buchanan John P
Bought by
Buchanan John P and Willard Williams J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Ugwu Arinzechukwu $58,000 None Available
Law Jeffrey $46,000 Attorney
Williams J Willard -- None Available
Buchanan John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buchanan John P $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2021 08/13/21 Sold $58,000 -1.7% --
07/18/2021 07/18/21 Pending -- -- --
07/16/2021 07/16/21 Price Changed $59,000 -9.2% --
06/01/2021 06/01/21 For Sale $65,000 +41.3% --
03/15/2021 03/15/21 Sold $46,000 -8.0% -- View Prior Sale
02/10/2021 02/10/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $50,000 -- --
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 $1,164 $97,000 $97,000 $0
2024 $1,032 $86,000 $86,000 $0
2023 $1,032 $86,000 $86,000 $0
2022 $996 $83,000 $83,000 $0
2021 $756 $63,000 $63,000 $0
2020 $378 $63,000 $63,000 $0
2019 $756 $63,000 $63,000 $0
2018 $780 $65,000 $65,000 $0
2017 $780 $65,000 $65,000 $0
2016 $780 $65,000 $65,000 $0
2015 $780 $65,000 $65,000 $0
2014 $780 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    DEBRA HOFFMAN

    BHHS PenFed (actual)

    1 in this area

    39 Total Sales

    DEBRA HOFFMAN
    Section Image

  • A

    Seller's Agent in 2021

    Adam Bennett

    Real Broker LLC

    (804) 774-1590

    3 in this area

    110 Total Sales

    Adam Bennett
    Section Image
  • Clayton Gits

    Seller Co-Listing Agent in 2021

    Clayton Gits

    Real Broker LLC

    (804) 601-4960

    2 in this area

    632 Total Sales

    Clayton Gits
    Section Image

  • J

    Buyer's Agent in 2021

    Jonathan Park

    EXP Realty LLC

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2116051

Central Virginia Regional MLS

APN: C008-1112-018

Virginia Richmond City County Richmond 23234 Cottrell Farms

4316 Grantlake Rd, 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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