NOT LISTED FOR SALE

4807 Hanover Ave Richmond, VA 23226

Colonial Place Neighborhood

Estimated Value: $1,018,000 - $1,236,115

5 Beds
3 Baths
2,976 Sq Ft
$391/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $977,000 $328 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,202/month

10 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Front Porch
  • Mary Munford Elementary School Rated A-
  • Granite Countertops
  • Double Vanity

About This Home

As of September 2022

Welcome to 4807 Hanover! This better than new construction home is located in the Near West End, just blocks from the Libbie and Grove shopping and dining district, the Museum of Fine Art, and History Museum! This 3,000 SQFT, FIVE Bedroom, THREE Bathroom home features high end lighting , hardwood floorings, moulding details, stunning sale selections including tile, vanity, and hardware throughout! With a full FIRST FLOOR BEDROOM SUITE, large entertaining and living spaces, and a gorgeous lot- Do not miss your opportunity to own a stunning better than new construction home on Hanover Ave!

Last Agent to Sell the Property

Jenny Maraghy

Compass License #0225161742 Listed on: 07/11/2022

Compass

Last Buyer's Agent

Lynn Shugrue

Real Broker LLC License #0225222461

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,996

Year Built

  • Built in 1928 | Under Construction

Lot Details

  • 6,752 Sq Ft Lot
  • Zoning described as R-5

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W019-0272-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,996

Year Built

Built in 1928 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1928
  • Property Attached Yn: No
  • Lot Size Acres: 0.155
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Double Vanity, Granite Counters, Kitchen Island, Bath in Primary Bedroom, Pantry, Walk-In Closet(s)
  • Living Area: 2976.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick, Drywall, Frame
  • Patio And Porch Features: Rear Porch, Front Porch
  • Property Condition: Resale, Under Construction

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • 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: W019-0272-007
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 1, 2022
Sold by
Cava Capital Llc
Bought by
Gabay Barry Downing and Gabay Jennifer Ellen
Seller's Agent
Jenny Maraghy
Compass
Buyer's Agent
Lynn Shugrue
Real Broker LLC
List Price
$975,000
Sold Price
$977,000
Premium/Discount to List
$2,000
0.21%
Views
1
Current Estimated Value
$1,163,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,279
Avg. Annual Appreciation
5.75%
Original Mortgage
$627,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2021
Sold by
Harper Russell B
Bought by
Cava Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Gabay Barry Downing $977,000 Fidelity National Title
Cava Capital Llc $387,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabay Barry Downing $627,000
Previous Owner Cava Capital Llc $637,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $977,000 +0.2% $328 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $975,000 +221.8% $328 / Sq Ft
03/15/2019 03/15/19 Sold $303,000 +8.6% $227 / Sq Ft View Prior Sale
02/28/2019 02/28/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $279,000 -- $209 / 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 $12,996 $1,083,000 $265,000 $818,000
2024 $12,588 $1,049,000 $265,000 $784,000
2023 $11,628 $969,000 $240,000 $729,000
2022 $3,960 $330,000 $180,000 $150,000
2021 $3,552 $302,000 $150,000 $152,000
2020 $3,552 $296,000 $150,000 $146,000
2019 $3,312 $276,000 $108,000 $168,000
2018 $3,168 $264,000 $108,000 $156,000
2017 $2,964 $247,000 $90,000 $157,000
2016 $2,916 $243,000 $90,000 $153,000
2015 $2,520 $233,000 $85,000 $148,000
2014 $2,520 $210,000 $84,000 $126,000
Source: Public Records

Agents Affiliated with this Home

  • Jenny Maraghy

    Seller's Agent in 2022

    Jenny Maraghy

    Compass

    (804) 405-7337

    18 in this area

    858 Total Sales

    Jenny Maraghy
    Section Image
  • Lynn Shugrue

    Buyer's Agent in 2022

    Lynn Shugrue

    Real Broker LLC

    (804) 615-4958

    1 in this area

    81 Total Sales

    Lynn Shugrue
    Section Image
  • Eliza Branch

    Seller's Agent in 2019

    Eliza Branch

    Long & Foster

    (804) 937-6812

    3 in this area

    70 Total Sales

    Eliza Branch
    Section Image
  • Brant Tullidge

    Buyer's Agent in 2019

    Brant Tullidge

    RE/MAX

    (804) 822-5397

    8 in this area

    48 Total Sales

    Brant Tullidge
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2219513

Central Virginia Regional MLS

APN: W019-0272-007

Virginia Richmond City County Richmond 23226 Colonial Place

4807 Hanover Ave, 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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