4503 Kensington Ave Richmond, VA 23221
Colonial Place Neighborhood
3
Beds
1
Bath
1,829
Sq Ft
6,752
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Deck
- Separate Formal Living Room
- Mary Munford Elementary School Rated A-
- Wood Flooring
- Breakfast Area or Nook
About This Home
As of October 2024First time on market since original sale 1948. Always cared for and well maintained. Squeaky clean and ready for new owner to move right in or remodel . Family room with fireplace and dressing room/office additions 1970s and 80s. Super strong location . Natural gas generator hard wired. Competitively priced at 2020 assessed value.
Last Agent to Sell the Property
Joyner Fine Properties License #0225000673 Listed on: 09/15/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,884
Year Built
- Built in 1948
Lot Details
- 6,752 Sq Ft Lot
- Back Yard Fenced
- Zoning described as R-5
Home Design
- Cape Cod Architecture
- Colonial Architecture
- Brick Exterior Construction
- Composition Roof
- Plaster
Interior Spaces
- 1,829 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Fireplace Features Masonry
- Thermal Windows
- Awning
- Separate Formal Living Room
- Dryer
Kitchen
- Breakfast Area or Nook
- Electric Cooktop
- Microwave
- Tile Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Partial Basement
- Sump Pump
- Crawl Space
Parking
- No Garage
- On-Street Parking
Outdoor Features
- Deck
- Front Porch
Schools
- Munford Elementary School
- Albert Hill Middle School
- Thomas Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Generator Hookup
- Power Generator
- 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
4.91%
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
64 Total Sales
-
Tom Stanley
T
Seller's Agent in 2020
Tom Stanley
Joyner Fine Properties
(804) 347-5890
1 in this area
47 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2027539
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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