NOT LISTED FOR SALE

616 Grayson Ave Richmond, VA 23222

Estimated Value: $243,000 - $298,000

3 Beds
1.5 Baths
2,288 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 26, 2019

Last sale price $142,000 $62 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,605/month

36 Days on Market

About This Home

As of October 2019

All brick rancher features 3 bedrooms, formal living and dining rooms with hardwood floors, enclosed porch on first level and 2 fireplaces. There is a full basement with a large recreation/family room, possible workshop, utility room and additional room that can used as an office, crafting room or all purpose room. Property built prior to 1978 lead based paint potentially exists. Property sold AS-IS w/o repair or, warranty. This property may qualify for Seller Financing (Vendee). The Listing Broker and Seller assume no responsibility and make no guarantees, warranties, or representations as to the availability or accuracy of information herein. Buyer must verify all information contained herein. Please allow 2-3 Business Days for Seller Response.

Last Agent to Sell the Property

Lorraine Lett-Brown

Clear Vision Realty LLC License #0225050322 Listed on: 08/14/2019

Last Buyer's Agent

Sherri Spragg

ICON Realty Group License #0225177168

ICON Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1958

Lot Details

  • 0.27 Acre Lot
  • Zoning described as R3

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • Grayson Park Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 9
  • Assessor Parcel Number 793-741-9662

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Property Attached Yn: No
  • Lot Size Acres: 0.2677
  • Ownership: REO
  • Subdivision Name: Grayson Park
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1144.0
  • Living Area: 2288.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File, Owner Is Listing Agent
  • Construction Type: Brick, Block

Utilities

  • Heating: Baseboard, Natural Gas
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 793-741-9662
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1300.0
  • Tax Lot: 9

MLS Schools

  • Elementary School: Laburnum
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Oct 14, 2019
Sold by
The Secretary Of Veterans Affairs
Bought by
Nguyen Duong Tam
Seller's Agent
Lorraine Lett-Brown
Clear Vision Realty LLC
Buyer's Agent
Sherri Spragg
ICON Realty Group
List Price
$142,750
Sold Price
$142,000
Premium/Discount to List
-$750
-0.53%
Current Estimated Value
$268,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,617
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Jun 5, 2019
Sold by
Equity Trustees Llc
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Listed on
Jan 29, 2017
Closed on
Mar 6, 2017
Sold by
Carter Valerie D
Bought by
Branch Angela
Seller's Agent
Larry Perkins
United Real Estate Richmond
Buyer's Agent
Eli Rich
First Choice Realty
List Price
$144,500
Sold Price
$150,000
Premium/Discount to List
$5,500
3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$152,919
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Oct 16, 2002
Sold by
Glover Jeanette W
Bought by
Carter Hylan Q and Carter D V
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
Nguyen Duong Tam $142,000 Safe Harbor Title Company
The Secretary Of Veterans Affairs $126,075 None Available
Branch Angela $150,000 First Title & Escrow Inc
Carter Hylan Q $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Branch Angela $152,919
Previous Owner Carter Valerie D $125,900
Previous Owner Carter Valerie D $140,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2019 10/26/19 Sold $142,000 -0.5% $62 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $142,750 -4.8% $62 / Sq Ft
03/28/2017 03/28/17 Sold $150,000 +3.8% $66 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $144,500 -- $63 / 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 $1,692 $186,300 $32,000 $154,300
2024 $1,692 $178,700 $32,000 $146,700
2023 $1,537 $178,700 $32,000 $146,700
2022 $1,385 $161,000 $30,000 $131,000
2021 $1,286 $143,300 $25,000 $118,300
2020 $1,261 $143,300 $25,000 $118,300
2019 $1,300 $147,700 $25,000 $122,700
2018 $1,291 $146,700 $24,000 $122,700
2017 $1,235 $140,300 $22,000 $118,300
2016 $1,235 $140,300 $22,000 $118,300
2015 $1,235 $140,300 $22,000 $118,300
2014 $1,235 $140,300 $22,000 $118,300
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Lett-Brown

    Seller's Agent in 2019

    Lorraine Lett-Brown

    Clear Vision Realty LLC

    (804) 644-5411

    1 in this area

    37 Total Sales

    Lorraine Lett-Brown
    Section Image
  • Sherri Spragg

    Buyer's Agent in 2019

    Sherri Spragg

    ICON Realty Group

    31 Total Sales

    Sherri Spragg
    Section Image
  • Larry Perkins

    Seller's Agent in 2017

    Larry Perkins

    United Real Estate Richmond

    (804) 539-6273

    8 Total Sales

    Larry Perkins
    Section Image
  • Eli Rich

    Buyer's Agent in 2017

    Eli Rich

    First Choice Realty

    (804) 248-4663

    1 in this area

    129 Total Sales

    Eli Rich
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1927278

Central Virginia Regional MLS

APN: 793-741-9662

Virginia Henrico County Richmond 23222

616 Grayson Ave, Richmond, VA

This home is located at 616 Grayson Ave, Richmond, VA 23222 since 14 August 2019 and is currently estimated at $268,617, approximately $117 per square foot. This property was built in 1958. 616 Grayson Ave is a home located in Henrico County with nearby schools including Glen Lea 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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