NOT LISTED FOR SALE

4506 Patterson Ave Richmond, VA 23221

Malvern Gardens Neighborhood

Estimated Value: $494,000 - $618,000

3 Beds
2 Baths
1,575 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $540,000 $343 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,321/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Rear Porch
  • Mary Munford Elementary School Rated A-
  • Granite Countertops
  • Oversized Parking

About This Home

As of October 2024

Impressively updated craftsman bungalow has charm and character both inside and out. Enter and see the beautiful hardwood floors throughout. The bright living room at the front of the home provides a comfortable space to unwind. Center of the home is a dining space filled with natural light. The open kitchen has new cabinets surrounding the refrigerator. The tiled kitchen wall features open shelving, soap stone countertops, and large farmhouse sink deliver a very contemporary design experience. Two bedrooms on the first floor share a hallway bath with reglazed tub. The closet system and queen-sized murphy bed with desk feature installed in the second bedroom increases the utility of the space. Primary bedroom on the first floor for ease of use. Upstairs features a second bath, built in desk space for a great work from home environment, and flex space to use as an additional bedroom, den or studio. Through the screened porch you enter the laundry/utility room with sink. The outdoor living spaces from the front porch to the rear stone patio allow you to enjoy the beauty of the area. Off-street parking is designed for three spots including an extended space for an RV. Brick siding, slate roof, replacement windows, newer hot water heater make this house very low maintenance.

Last Agent to Sell the Property

Wayne Gauthier

Joyner Fine Properties License #0225084355 Listed on: 09/06/2024

Joyner Fine Properties

Co-Listed By

Austin Gauthier

Joyner Fine Properties License #0225233971

Last Buyer's Agent

Lauren Baust

Joyner Fine Properties License #0225206350

Joyner Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,484

Year Built

  • Built in 1941

Lot Details

  • 4,465 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System
  • Zoning described as R-5

Home Design

  • Craftsman Architecture
  • Cottage
  • Bungalow
  • Brick Exterior Construction
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 1,575 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Recessed Lighting
  • Dining Area
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Rear 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
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Colonial Place Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number W000-2025-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,484

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.1025
  • Co List Office Mls Id: JOYN02
  • Co List Office Phone: (804) 270-9440
  • Ownership: Relocation
  • Subdivision Name: Colonial Place
  • Architectural Style: Bungalow, Cottage, Craftsman
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Cooktop, Dryer, Dishwasher, Gas Cooking, Gas Water Heater, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Granite Counters, Pantry, Recessed Lighting
  • Living Area: 1575.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Frame
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Oversized, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-2025-005
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5484.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 9, 2024
Sold by
Whitehurst James G and Whitehurst Martine M
Bought by
Blacutt Alex A
Seller's Agent
Wayne Gauthier
Joyner Fine Properties
Buyer's Agent
Lauren Baust
Joyner Fine Properties
List Price
$549,950
Sold Price
$540,000
Premium/Discount to List
-$9,950
-1.81%
Views
84
Current Estimated Value
$547,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,575
Avg. Annual Appreciation
1.14%
Original Mortgage
$432,000
Outstanding Balance
$427,032
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$120,543

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 5, 2016
Sold by
Drash Mapes Jason Paul and Drash Mapes Katherine
Bought by
Whitehurst James G and Whitehurst Martine M
Seller's Agent
Melissa Savenko
Long & Foster REALTORS
Buyer's Agent
Tim Schoenman
Long & Foster REALTORS
List Price
$284,900
Sold Price
$275,000
Premium/Discount to List
-$9,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$261,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2016
Sold by
Drash Mapes Katherine
Bought by
Drash Mapes Jason Paul and Drash Mapes Katherine

Purchase Details

Listed on
May 16, 2012
Closed on
Jul 23, 2012
Sold by
The Kittrell Company
Bought by
Drash Katherine A
Seller's Agent
William Hamnett
Hamnett Properties
Buyer's Agent
Dexter Brown
The Wilson Group
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$124,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2012
Sold by
Jones Glenn E
Bought by
The Kittrell Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Blacutt Alex A $540,000 Fidelity National Title
Whitehurst James G $275,000 Attorney
Drash Mapes Jason Paul -- None Available
Drash Katherine A $155,000 --
The Kittrell Company $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blacutt Alex A $432,000
Previous Owner Whitehurst James G $261,250
Previous Owner Drash Katherine A $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $540,000 -1.8% $343 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $549,950 +100.0% $349 / Sq Ft
12/16/2016 12/16/16 Sold $275,000 0.0% $191 / Sq Ft View Prior Sale
11/05/2016 11/05/16 Pending -- -- --
11/04/2016 11/04/16 Price Changed $274,900 -3.5% $191 / Sq Ft
10/20/2016 10/20/16 For Sale $284,900 +83.8% $198 / Sq Ft
07/24/2012 07/24/12 Sold $155,000 -6.1% $155 / Sq Ft View Prior Sale
06/07/2012 06/07/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $165,000 -- $165 / 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 $5,484 $467,000 $190,000 $277,000
2024 $5,484 $457,000 $190,000 $267,000
2023 $5,064 $422,000 $170,000 $252,000
2022 $4,416 $368,000 $135,000 $233,000
2020 $3,720 $310,000 $80,000 $230,000
2019 $3,576 $298,000 $70,000 $228,000
2018 $3,288 $274,000 $70,000 $204,000
2017 $2,208 $184,000 $65,000 $119,000
2016 $2,160 $180,000 $65,000 $115,000
2015 $2,040 $170,000 $60,000 $110,000
2014 $2,040 $170,000 $60,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Wayne Gauthier

    Seller's Agent in 2024

    Wayne Gauthier

    Joyner Fine Properties

    (804) 377-3091

    1 in this area

    85 Total Sales

    Wayne Gauthier
    Section Image
  • Austin Gauthier

    Seller Co-Listing Agent in 2024

    Austin Gauthier

    Joyner Fine Properties

    (804) 357-6232

    2 in this area

    86 Total Sales

    Austin Gauthier
    Section Image
  • Lauren Baust

    Buyer's Agent in 2024

    Lauren Baust

    Joyner Fine Properties

    (757) 589-9612

    1 in this area

    82 Total Sales

    Lauren Baust
    Section Image
  • Melissa Savenko

    Seller's Agent in 2016

    Melissa Savenko

    Long & Foster

    (804) 986-3993

    56 Total Sales

    Melissa Savenko
    Section Image
  • Tim Schoenman

    Buyer's Agent in 2016

    Tim Schoenman

    Long & Foster

    (804) 239-8399

    19 Total Sales

    Tim Schoenman
    Section Image
  • William Hamnett

    Seller's Agent in 2012

    William Hamnett

    Hamnett Properties

    (804) 240-6713

    3 in this area

    168 Total Sales

    William Hamnett
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2423603

Central Virginia Regional MLS

APN: W000-2025-005

Virginia Richmond City County Richmond 23221 Malvern Gardens

4506 Patterson Ave, Richmond, VA

Not Listed for Sale

Detached

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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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