NOT LISTED FOR SALE

Estimated Value: $2,972,000 - $3,569,000

4 Beds
6 Baths
4,764 Sq Ft
$711/Sq Ft Est. Value

Last Sold January 07, 2025

Last sale price $3,450,000 $724 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $19,611/month

6 Days on Market

Highlights

  • 1.73 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Mary Munford Elementary School Rated A-
  • Maid or Guest Quarters
  • 3 Fireplaces

About This Home

As of January 2025

One of Old Richmond's true landmark homes. Built in 1907 as a stately country estate on an almost 2-acre park-like parcel. Very private thanks to 3 massive magnolias in the middle of the grand circular drive that leads to this classic 2-story Colonial with its 147 sq. ft. front porch, screened summer porch on the side (432 sq. ft), overlooking an elegant brick surround fountain. The rear opens to a 260 sq. ft. rear deck leading to a stunning rear garden with incredible boxwoods and hydrangeas among other beautiful plantings, 2-car detached garage, and 640 sq. ft. ADORABLE guest cottage with Kitchen, Laundry, Living Room, Full Bath and Bedroom. The main house starts with a grand front-to-back Center Hall, formal Living Room, formal Dining Room with fireplace, Family Room with fireplace, eat-in Kitchen, and sunny Sitting Area off the Kitchen. 4 sizable Bedrooms on the second level all with Full Baths. First Offering in almost 50 years, you don't want to miss this one, they only come about once in a blue moon.

Last Agent to Sell the Property

James Ransone

Long & Foster REALTORS Brokerage Phone: (804) 690-3420 License #0225118622 Listed on: 11/14/2024

Long & Foster REALTORS

Co-Listed By

Donna Ransone

Long & Foster REALTORS Brokerage Phone: (804) 690-3420 License #0225208400

Last Buyer's Agent

Meg Grymes

The Steele Group License #0225240938

The Steele Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,112

Year Built

  • Built in 1907

Lot Details

  • 1.73 Acre Lot
  • Fenced Front Yard
  • Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Slate Roof
  • Wood Siding
  • Hardboard
  • Plaster

Interior Spaces

  • 4,764 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • French Doors
  • Formal Dining Room
  • Screened Porch
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number W021-0350-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,112

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1907
  • Property Attached Yn: No
  • Attribution Contact: (804) 690-3420
  • Lot Size Acres: 1.7253
  • Co List Office Mls Id: BNFO09
  • Co List Office Phone: (804) 288-8888
  • Ownership: Estate
  • Subdivision Name: None
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Full, Partially Finished, Walk-Out Access, Sump Pump
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Wine Cooler, Washer
  • Other Equipment: Generator
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 300.0
  • Door Features: French Doors
  • Fireplace Features: Gas, Masonry, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, High Speed Internet, Kitchen Island, Bath in Primary Bedroom, Tile Countertop, Tile Counters, Wired for Data, Walk-In Closet(s)
  • Living Area: 4764.0
  • Dining Room Type: Guest Quarters
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Slate
  • Fencing: Fenced, Front Yard
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame, Hardboard, Plaster, Wood Siding
  • Patio And Porch Features: Front Porch, Screened, Side Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Detached, Garage, Garage Door Opener, Off Street, Two Spaces

Utilities

  • Heating: Electric, Hot Water, Oil, Radiator(s), Zoned
  • Cooling: Heat Pump, Zoned
  • Electric: Generator Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W021-0350-016
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23112.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Jan 2, 2025
Sold by
Jane E Covington Revocable Trust and Covington Jane E
Bought by
Magnolia24 Llc
Seller's Agent
James Ransone
Long & Foster REALTORS
Buyer's Agent
Meg Grymes
The Steele Group
List Price
$3,450,000
Sold Price
$3,450,000
Views
116
Current Estimated Value
$3,385,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,566
Avg. Annual Appreciation
-1.87%

Purchase Details

Closed on
Mar 25, 2019
Sold by
Covington Jane E
Bought by
Covington Jane E and The Jane E Covington Revocable Trust Agr

Purchase Details

Closed on
May 8, 2002
Bought by
Covington James E and Covington Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Magnolia24 Llc $3,450,000 First American Title
Magnolia24 Llc $3,450,000 First American Title
Covington Jane E -- None Available
Covington James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covington James E $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2025 01/07/25 Sold $3,450,000 0.0% $724 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $3,450,000 -- $724 / 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 $23,112 $2,094,000 $690,000 $1,404,000
2024 $23,112 $1,926,000 $600,000 $1,326,000
2023 $21,444 $1,787,000 $560,000 $1,227,000
2022 $20,052 $1,671,000 $560,000 $1,111,000
2020 $18,492 $1,541,000 $519,000 $1,022,000
2019 $17,676 $1,476,000 $519,000 $957,000
2018 $17,184 $1,432,000 $519,000 $913,000
2017 $16,644 $1,387,000 $519,000 $868,000
2016 $16,584 $1,382,000 $519,000 $863,000
2015 $15,420 $1,344,000 $519,000 $825,000
2014 $15,420 $1,337,000 $519,000 $818,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2426908

Central Virginia Regional MLS

APN: W021-0350-016