NOT LISTED FOR SALE

445 W 7th St Unit 23 Richmond, VA 23224

Manchester Neighborhood

Estimated Value: $882,850 - $977,000

4 Beds
4.5 Baths
3,100 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $838,212 $270 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,895/month

44 Days on Market

Highlights

  • New Construction
  • Deck
  • Wood Flooring
  • Open High School Rated A+
  • Rowhouse Architecture
  • Main Floor Bedroom

About This Home

As of May 2022

MOVE-IN READY!! Welcome to McRae & Lacy, where historic meets modern with Luxury Townhomes overlooking the Richmond skyline and James River, in historic Old Town Manchester. Enjoy walking to all the local restaurants, shops, and cafes that Manchester has to offer. This SOUTHAVEN plan features unique touches with main floor open concept living, two car garage, and the best part –an outdoor terrace overlooking the James River and Richmond Skyline! The first floor features a den that would make a perfect office or guest bedroom and also includes a private bathroom. Upstairs you will find your main level living with an open kitchen, dining area, and spacious living room. Third floor features dual primary suites. The main primary bedroom includes a generous walk-in closet and luxury bath with soaking tub. On the top level of this stunning home, you will find the perfect area for entertaining - guest bedroom, media room, & best of all - the huge rooftop terrace overlooking the Richmond skyline, great for entertaining!

Last Agent to Sell the Property

Brian Busbee

Eagle Realty of Virginia License #0225233406 Listed on: 03/01/2022

Last Buyer's Agent

Brian Busbee

Eagle Realty of Virginia License #0225233406 Listed on: 03/01/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,133

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 3,100 Sq Ft Home
  • 4-Story Property
  • Wired For Data
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • French Doors
  • Insulated Doors
  • Separate Formal Living Room
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Garden Bath

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Deck

Schools

  • Blackwell Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number S000-0007-057

Community Details

Overview

  • Manchester Subdivision

Amenities

  • Common Area

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,000

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2022
  • Property Attached Yn: Yes
  • Ownership: Corporate
  • Subdivision Name: Manchester
  • Architectural Style: Row House
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Building Stories: 4
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: NewHome
  • Stories: 4

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Appliances: Dishwasher, Exhaust Fan, Gas Cooking, Disposal, Gas Water Heater, Microwave, Oven, Tankless Water Heater
  • Accessibility Features: Accessible Elevator Installed
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Insulated Doors
  • Fireplace Features: Gas, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Double Vanity, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, Garden Tub/Roman Tub, High Ceilings, High Speed Internet, Kitchen Island, Bath in Primary Bedroom, Pantry, Recessed Lighting, Cable TV, Wired for Data, Walk-In Closet(s)
  • Living Area: 3100.0
  • Stories: 4
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Other
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick, Drywall, Frame, HardiPlank Type
  • Exterior Features: Deck
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Garage, Garage Door Opener, Garage Faces Rear

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association
  • Amenities: Landscaping, Management
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Snow Removal

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: S000-0007-057
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: Other

Tax Info

  • Tax Year: 2022
  • Tax Lot: 23

MLS Schools

  • Elementary School: Blackwell
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Hood Robert and Hood Stephanie
Bought by
Powers Timothy and Powers Pamela
Current Estimated Value
$944,713

Purchase Details

Closed on
May 11, 2021
Sold by
Eagle West 7 Llc
Bought by
Hood Robert and Hood Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,800
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2020
Sold by
Pearsall John W and Pearsall Patricia R
Bought by
Eagle West 7 Llc
Source: Public Records

Range of Values:

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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
Powers Timothy $850,000 Old Republic National Title In
Hood Robert $838,212 None Listed On Document
Eagle West 7 Llc $905,656 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hood Robert $662,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $838,212 +1.1% $270 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $828,950 -- $267 / 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 $9,000 $750,000 $225,000 $525,000
2024 $9,000 $750,000 $225,000 $525,000
2023 $8,640 $720,000 $205,000 $515,000
2022 $7,656 $638,000 $205,000 $433,000
2021 $1,800 $150,000 $150,000 $0
2020 $1,800 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brian Busbee

    Eagle Realty of Virginia

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Map

Source: Central Virginia Regional MLS

MLS Number: 2204967

Central Virginia Regional MLS

APN: S000-0007-057

Virginia Richmond City County Richmond 23224 Manchester

445 W 7th St Unit 23, 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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