4503 Kensington Ave Richmond, VA 23221
Colonial Place Neighborhood
4
Beds
4.5
Baths
3,676
Sq Ft
6,752
Sq Ft Lot
Highlights
- Two Primary Bedrooms
- Custom Home
- Wood Flooring
- Mary Munford Elementary School Rated A-
- City View
- Main Floor Primary Bedroom
About This Home
As of October 2024Masterfully renovated in 2022, this professionally designed Cape on storybook street will leave you speechless!!! Custom shop front doors from Governors Antiques w/ sliders. Heavy moldings, Pella windows & high end LVP floors throughout. Electric shades & curtains. Kitchen w/ custom European inset, soft-close cabinetry & rollouts, leathered marble tops, 136" long island w/ storage & overhang, SubZero fridge, Bosch dw, LaCornue gas range, smugglers pantry w/ marble tops & beverage fridge. Family room w/ limestone surround gas fp, flanked by custom built-ins extends out to retractable screened-in porch w/ brick floors, gas fp, speakers & vaulted ceiling. First floor primary suite w/ whitewash pine & boxed beam vaulted ceiling & French Doors out to expansive rear brick patio. First floor laundry room off primary w/ vinyl grass cloth wall coverings, granite tops, stack washer/dryer & more custom cabinetry. Primary bath w/ heated porcelain tile floors, walk-in marble shower, double sinks w/ quartz countertops, makeup counter & two w-i closets outfitted by Closet Factory that include an 11x11 closet w/ built-in drawers, laundry hampers, a velvet lined jewelry drawer & marble top island w/ extra storage. Rec room on second floor w/ built-ins, oversized smart closet & tons of natural light. Three spacious auxiliary bedrooms upstairs w/ huge closets, one with en suite bath & two w/ hall bath access. Detached one car garage w/ built-in storage, utility sink & extra fridge. Finished room above garage (275sqft) that includes dedicated mini-split system, full bath & walk-in closet w/ same finishes as the house. Parking pad in alley for overflow parking. Covered breezeway between garage & backdoor to house w/ metal roof. Privacy fenced-in backyard w/ lighting. Basement cellar & conditioned crawl space. White, vinyl picket fenced-in front yard. Full, brick front porch w/ gas lanterns & blue stone steps. Pics & description do not do this home justice...too many details, this one is an absolute MUST SEE!!!
Last Agent to Sell the Property
Long & Foster REALTORS Brokerage Phone: (804) 393-1038 License #0225177664 Listed on: 09/05/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,996
Year Built
- Built in 1948 | Remodeled
Lot Details
- 6,752 Sq Ft Lot
- Property fronts an alley
- Picket Fence
- Property is Fully Fenced
- Privacy Fence
- Landscaped
- Level Lot
- Sprinkler System
- Zoning described as R-5
Parking
- 1 Car Detached Garage
- Dry Walled Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Custom Home
- Cape Cod Architecture
- Brick Exterior Construction
- Frame Construction
- Composition Roof
- HardiePlank Type
Interior Spaces
- 3,676 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bookcases
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Stone Fireplace
- Gas Fireplace
- Thermal Windows
- Palladian Windows
- French Doors
- Insulated Doors
- Separate Formal Living Room
- Screened Porch
- City Views
- Home Security System
- Stacked Washer and Dryer
Kitchen
- Eat-In Kitchen
- <<OvenToken>>
- Gas Cooktop
- <<microwave>>
- Dishwasher
- Wine Cooler
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Double Master Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Double Vanity
Unfinished Basement
- Partial Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Exterior Lighting
- Outdoor Storage
- Breezeway
Schools
- Munford Elementary School
- Albert Hill Middle School
- Thomas Jefferson High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Tankless Water Heater
- Gas Water Heater
Community Details
- Colonial Place Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number W019-0248-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2024
Closed on
Oct 31, 2024
Sold by
Watson Ann B and Knarr Neil
Bought by
Ann B Watson Living Trust and Watson
Seller's Agent
Patrick Gee
Long & Foster REALTORS
Buyer's Agent
Neil Hodge
Boyd Realty Group
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%
Views
233
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,797
Avg. Annual Appreciation
4.98%
Original Mortgage
$1,200,000
Outstanding Balance
$1,194,069
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$462,880
Purchase Details
Listed on
Sep 5, 2024
Closed on
Oct 18, 2024
Sold by
Goodstein Mark David and Ashley Rhoades
Bought by
Watson Ann and Knarr Neil
Seller's Agent
Patrick Gee
Long & Foster REALTORS
Buyer's Agent
Neil Hodge
Boyd Realty Group
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%
Views
233
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,194,069
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$462,880
Purchase Details
Listed on
Sep 15, 2020
Closed on
Oct 7, 2020
Sold by
Timberlake James C
Bought by
Goodstein Mark David and Goodstein Ashley Rhoades
Seller's Agent
Tom Stanley
Joyner Fine Properties
Buyer's Agent
Patrick Gee
Long & Foster REALTORS
List Price
$407,000
Sold Price
$415,000
Premium/Discount to List
$8,000
1.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.66%
Original Mortgage
$332,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Similar Homes in Richmond, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Bargain Sale Deed | $1,600,000 | Old Republic National Title | |
| Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | New Conventional | |
| Previous Owner | $750,000 | New Conventional | |
| Previous Owner | $332,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $1,600,000 | -3.0% | $435 / Sq Ft |
| 09/28/2024 09/28/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $1,650,000 | +297.6% | $449 / Sq Ft |
| 10/16/2020 10/16/20 | Sold | $415,000 | +2.0% | $227 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 09/15/2020 09/15/20 | For Sale | $407,000 | -- | $223 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $14,544 | $1,212,000 | $265,000 | $947,000 |
| 2024 | $12,996 | $1,083,000 | $265,000 | $818,000 |
| 2023 | $12,696 | $1,058,000 | $240,000 | $818,000 |
| 2022 | $5,004 | $417,000 | $180,000 | $237,000 |
| 2021 | $4,884 | $409,000 | $150,000 | $259,000 |
| 2020 | $4,884 | $407,000 | $150,000 | $257,000 |
| 2019 | $4,788 | $399,000 | $108,000 | $291,000 |
| 2018 | $4,380 | $365,000 | $108,000 | $257,000 |
| 2017 | $4,140 | $345,000 | $90,000 | $255,000 |
| 2016 | $4,044 | $337,000 | $90,000 | $247,000 |
| 2015 | $3,420 | $321,000 | $85,000 | $236,000 |
| 2014 | $3,420 | $285,000 | $84,000 | $201,000 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Gee
Seller's Agent in 2024
Patrick Gee
Long & Foster
(804) 822-3209
10 in this area
228 Total Sales
-
Neil Hodge
Buyer's Agent in 2024
Neil Hodge
Boyd Realty Group
(804) 456-6000
1 in this area
63 Total Sales
-
Tom Stanley
T
Seller's Agent in 2020
Tom Stanley
Joyner Fine Properties
(804) 347-5890
1 in this area
48 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2423283
APN: W019-0248-003
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.
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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