NOT LISTED FOR SALE

509 Grayson Ave Richmond, VA 23222

Estimated Value: $271,000 - $312,000

4 Beds
1 Bath
1,296 Sq Ft
$229/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $251,000 $194 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,813/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Front Porch
  • Central Air
  • Wood Flooring
  • Patio
  • Privacy Fence

About This Home

As of February 2022

Recently refreshed Cape offers stylish, comfortable, and low-maintenance living in a convenient location. Vinyl siding and replacement windows, freshly refinished hardwood floors, new carpet upstairs, new heat pump, new kitchen, updated bathroom, new lighting throughout, fresh paint and more!

Last Agent to Sell the Property

Matt Smith

MSE Properties License #0225086338 Listed on: 01/31/2022

Last Buyer's Agent

Lisa Overton

Oakstone Properties License #0225146537

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence
  • Fenced
  • Zoning described as R3

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Stacked Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Laburnum Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Confederate Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 793-740-5982

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Property Attached Yn: No
  • Lot Size Acres: 0.2553
  • Ownership: Individuals
  • Subdivision Name: Confederate Heights
  • Architectural Style: Cape Cod
  • 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: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 1296.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Privacy
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Mixed, Vinyl Siding
  • Exterior Features: Lighting, Porch, Unpaved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 793-740-5982
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 932.0

MLS Schools

  • Elementary School: Laburnum
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 20, 2022
Sold by
Burke Michael J and Burke Audrey J
Bought by
Ayala Rodolfo and Ayala Nina
Seller's Agent
Matt Smith
MSE Properties
Buyer's Agent
Lisa Overton
Oakstone Properties
List Price
$220,000
Sold Price
$251,000
Premium/Discount to List
$31,000
14.09%
Current Estimated Value
$296,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,991
Avg. Annual Appreciation
5.01%
Original Mortgage
$238,450
Outstanding Balance
$222,260
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$75,605

Purchase Details

Closed on
Jul 14, 2021
Sold by
Wolpert Tony C
Bought by
Burke Michael James and Burke Audrey Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2001
Sold by
Jones Basil W
Bought by
Jones Basil W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ayala Rodolfo $251,000 First American Title
Burke Michael James $150,000 Attorney
Jones Basil W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Rodolfo $238,450
Previous Owner Burke Michael James $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $251,000 +14.1% $194 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $220,000 +22464.1% $170 / Sq Ft
03/11/2014 03/11/14 Sold $975 -99.2% $1 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
05/21/2012 05/21/12 For Sale $119,000 -- $132 / 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 $2,338 $249,100 $32,000 $217,100
2024 $2,338 $242,800 $32,000 $210,800
2023 $2,088 $242,800 $32,000 $210,800
2022 $1,055 $128,700 $30,000 $98,700
2021 $932 $105,000 $25,000 $80,000
2020 $924 $105,000 $25,000 $80,000
2019 $906 $103,000 $25,000 $78,000
2018 $871 $99,000 $24,000 $75,000
2017 $828 $94,100 $22,000 $72,100
2016 $828 $94,100 $22,000 $72,100
2015 $828 $94,100 $22,000 $72,100
2014 $828 $94,100 $22,000 $72,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matt Smith

    MSE Properties

    (804) 833-6377

    2 in this area

    70 Total Sales

    Matt Smith
    Section Image
  • Lisa Overton

    Buyer's Agent in 2022

    Lisa Overton

    Oakstone Properties

    (804) 218-4131

    3 in this area

    83 Total Sales

    Lisa Overton
    Section Image

  • J

    Seller's Agent in 2014

    Jim McTighe

    Virginia Capital Realty

  • S

    Buyer's Agent in 2014

    Scott Booth

    Douglas Realty LLC

    (804) 747-1740

    Scott Booth
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2202338

Central Virginia Regional MLS

APN: 793-740-5982

Virginia Henrico County Richmond 23222

509 Grayson Ave, Richmond, VA

This home is located at 509 Grayson Ave, Richmond, VA 23222 since 31 January 2022 and is currently estimated at $296,991, approximately $229 per square foot. This property was built in 1948. 509 Grayson Ave is a home located in Henrico County with nearby schools including Laburnum Elementary School, L. Douglas Wilder Middle, and Henrico High.

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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