NOT LISTED FOR SALE

4517 Patterson Ave Richmond, VA 23221

Colonial Place Neighborhood

Estimated Value: $1,104,000 - $1,218,000

4 Beds
3.5 Baths
2,746 Sq Ft
$428/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $925,000 $337 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,247/month

167 Days on Market

Highlights

  • Under Construction
  • Wood Flooring
  • Loft
  • Mary Munford Elementary School Rated A-
  • Farmhouse Style Home
  • Separate Formal Living Room

About This Home

As of October 2022

New Construction in Colonial Place! This modern farmhouse built by custom home builder, Urban Land Solutions LLC, has it all! The large, inviting front porch is perfect for morning coffee or happy hour! Walk into the home that boasts hardwood floors throughout! Walk through your formal dining room right into the HUGE living room that offers gas insert fireplace and attached to the gourmet kitchen! The oversized island gives nice separation and not to mention the gourmet kitchen including quartz countertops and stainless steel appliances! FIRST FLOOR PRIMARY with walk-in closet and ensuite. The second floor offers a loft, two more bedrooms, and a second floor primary as well which includes a walk-in closet and ensuite bath. Too many features to mention! Reach out today to put your final touches on this beautiful home!

Last Agent to Sell the Property

Kyle Gragnani

Long & Foster REALTORS License #0225206536 Listed on: 03/14/2022

Long & Foster REALTORS

Last Buyer's Agent

Melissa Oefelein

Keller Williams Realty License #0225080536

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,057 Sq Ft Lot
  • Zoning described as R-5

Parking

  • On-Street Parking

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,746 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Separate Formal Living Room
  • Dining Area
  • Loft
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Munford Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Colonial Place Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number W000-2024-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,184

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Property Attached Yn: No
  • Lot Size Acres: 0.162
  • Ownership: Partnership
  • Subdivision Name: Colonial Place
  • Architectural Style: Farmhouse, Two Story
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 230.0
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Granite Counters, Loft, Main Level Primary, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2746.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, HardiPlank Type
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Screened, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric, Forced Air, Zoned
  • Cooling: Central Air, Electric, Zoned
  • 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: W000-2024-007
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2184.0
  • Tax Lot: 10

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Oct 14, 2022
Sold by
River City Funding Llc
Bought by
Rush Desiree Rose and Rush Charles Edward
Seller's Agent
Kyle Gragnani
Long & Foster REALTORS
Buyer's Agent
Melissa Oefelein
Keller Williams Realty
List Price
$949,950
Sold Price
$925,000
Premium/Discount to List
-$24,950
-2.63%
Views
8
Current Estimated Value
$1,174,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,616
Avg. Annual Appreciation
7.77%
Original Mortgage
$740,000
Outstanding Balance
$510,591
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$636,905

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 3, 2021
Sold by
Williamson Patricia and Williamson Allen
Bought by
River City Funding Llc
Seller's Agent
Raffi Bandazian
Bandazian & Co
Buyer's Agent
Ed Mograbi
First Landing Co Inc
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
207.44%

Purchase Details

Closed on
Jun 27, 2001
Sold by
Williamson Patricia
Bought by
Williamson Patricia and Williamson Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rush Desiree Rose $925,000 --
River City Funding Llc $235,000 Attorney
Williamson Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rush Desiree Rose $740,000
Previous Owner Williamson Patricia $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $925,000 -2.6% $337 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $949,950 +304.2% $346 / Sq Ft
08/04/2021 08/04/21 Sold $235,000 +2.2% $306 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $230,000 -- $299 / 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 $11,868 $989,000 $190,000 $799,000
2024 $11,484 $957,000 $190,000 $767,000
2023 $10,872 $906,000 $170,000 $736,000
2022 $2,496 $208,000 $135,000 $73,000
2021 $2,088 $182,000 $95,000 $87,000
2020 $2,088 $174,000 $90,000 $84,000
2019 $1,956 $163,000 $80,000 $83,000
2018 $1,884 $157,000 $80,000 $77,000
2017 $1,848 $154,000 $75,000 $79,000
2016 $1,824 $152,000 $75,000 $77,000
2015 $1,740 $145,000 $70,000 $75,000
2014 $1,740 $145,000 $70,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Kyle Gragnani

    Seller's Agent in 2022

    Kyle Gragnani

    Long & Foster

    (804) 398-0684

    5 in this area

    127 Total Sales

    Kyle Gragnani
    Section Image
  • Melissa Oefelein

    Buyer's Agent in 2022

    Melissa Oefelein

    Keller Williams Realty

    (540) 761-8432

    2 in this area

    110 Total Sales

    Melissa Oefelein
    Section Image
  • Raffi Bandazian

    Seller's Agent in 2021

    Raffi Bandazian

    Bandazian & Co

    (804) 358-5543

    1 in this area

    16 Total Sales

    Raffi Bandazian
    Section Image
  • Ed Mograbi

    Buyer's Agent in 2021

    Ed Mograbi

    First Landing Co Inc

    (804) 869-7774

    1 in this area

    124 Total Sales

    Ed Mograbi
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2206463

Central Virginia Regional MLS

APN: W000-2024-007

Virginia Richmond City County Richmond 23221 Colonial Place

4517 Patterson Ave, Richmond, VA

This home is located at 4517 Patterson Ave, Richmond, VA 23221 since 14 March 2022 and is currently estimated at $1,174,616, approximately $427 per square foot. This property was built in 2022. 4517 Patterson Ave is a home located in Richmond City with nearby schools including Mary Munford Elementary School, Albert Hill Middle, and Thomas Jefferson High School.

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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