NOT LISTED FOR SALE

Estimated Value: $611,000 - $767,877

4 Beds
3 Baths
3,390 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2023

Last sale price $570,000 $168 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,146 / mo

19 Days on Market

Highlights

  • 0.13 Acre Lot
  • Deck
  • High Ceiling
  • Open High School Rated A+
  • Wood Flooring
  • Skylights

About This Home

As of February 2023

Welcome to 516 Brook Rd! Home to this historic mixed-use building, converted into an incredible SF home on a double lot over looking Abner Clay Park! Just blocks away from VCU & Richmond’s Arts District, this property is in the heart of the City & walkable to all of Richmond’s finest urban amenities. With just under 3,400 SF of finished living space on the first 2 levels plus another 800 sq. feet in the basement, this unique property offers a variety of opportunities to its next owner/investor. Enjoy this home as your own private residence, utilize the additional side lot to build an additional unit or seek approval to convert the building back to mixed use/commercial & use it as a gallery/studio or other commercial use. Boasting some of the largest residential windows and skylights in all of Richmond, you will love the natural light and sweeping views. Built with storage in mind, plentiful closet space, basement storage, attached/detached sheds as well as an operable dumbwaiter that services all 3 floors! Loaded with character, you are sure to love the wood floors, high ceilings, & exposed brick. Exterior living spaces include rear deck, large side yard and off-street parking!

Last Agent to Sell the Property

David Seibert

Real Broker LLC Brokerage Phone: 804-346-4411 License #0225189389 Listed on: 12/13/2022

Real Broker LLC

Co-Listed By

Vito Bussa

Real Broker LLC Brokerage Phone: 804-346-4411 License #0225256630

Last Buyer's Agent

Kacie Jenkins

Real Broker LLC License #0225240465

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,284

Year Built

  • Built in 1885

Lot Details

  • 5,750 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as R-6

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,390 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Rear Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number N000-0182-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,284

Year Built

Built in 1885

Lot Details

5,750 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1885
  • Property Attached Yn: No
  • Attribution Contact: 804-346-4411
  • Lot Size Acres: 0.132
  • Co List Office Mls Id: BNFO21
  • Co List Office Phone: 804-346-4411
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 886.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Wood
  • Basement: Crawl Space, Full, Sump Pump
  • Appliances: Dryer, Dishwasher, Gas Cooking, Microwave, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, High Ceilings, Laminate Counters, Pantry, Recessed Lighting, Skylights, Walk-In Closet(s)
  • Living Area: 3390.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Fencing: Back Yard, Privacy, Fenced
  • Lot Features: Split Possible
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Storage, Shed
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, 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: N000-0182-008
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4284.0

MLS Schools

  • Elementary School: Carver
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2002
Sold by
Pennington Mark S
Bought by
Tansill Stuart P
Current Estimated Value
$674,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$58,683
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
$615,786
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
Tansill Stuart P $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tansill Stuart P $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2023 02/07/23 Sold $570,000 0.0% $168 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
12/13/2022 12/13/22 For Sale $569,950 -- $168 / Sq Ft
Source: Central Virginia Regional MLS

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 $6,840 $583,000 $125,000 $458,000
2024 $6,840 $570,000 $117,000 $453,000
2023 $4,968 $414,000 $90,000 $324,000
2022 $4,284 $357,000 $80,000 $277,000
2020 $3,506 $288,000 $70,000 $218,000
2019 $3,348 $279,000 $70,000 $209,000
2018 $3,276 $273,000 $61,000 $212,000
2017 $3,204 $267,000 $61,000 $206,000
2016 $3,120 $260,000 $61,000 $199,000
2015 $2,136 $257,000 $61,000 $196,000
2014 $2,136 $178,000 $66,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2232455

Central Virginia Regional MLS

APN: N000-0182-008

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