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1405 Grove Avenue

1405 Grove Avenue, Richmond, VA 23220
Property in The Fan
1405 Grove Avenue has been categorized by the local assessors in Richmond, VA as a residential type of property. The building on the property was first built in 1905 and is 119 years old. However, we must point out that the home was most recently renovated and altered in 1951. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1405 Grove Avenue has 1,832 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 310 ft. The area measurement of the land has been determined as 3,725 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a flat style roof made of metal. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There are 2 fireplaces in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Oct 24, 2017 for $290,500. That's $158.57 per sqft. Prior to that sales transaction, the property was also sold in Sep 1, 2017 for $268,000. 1405 Grove Avenue was last assessed in 2023. The total value of the property was assessed at $434,000. Specifically, the land the property is located on was valued at $325,000. While improvements on the property were assessed at a total of $109,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,208. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20111116
11/16/2011
Studio
-
-
$245,000
bedrooms
Studio
bathrooms
-
$246,000 +0.41%
06/14/2012
-
Philip Innes
RE/MAX Commonwealth

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1951
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,725
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,832
  • Building Area: 1,832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,832
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 0031.04X0120.00 0000.000

Ownership

  • Current Owner : 1405 GROVE AVENUE LLC A VIRGINIA LIMITED
  • Previous Owner : Castlewood Holdings Llc A Virginia Limit
  • Owner Before Previous Owner: Grove Avenue Apartments Llc A Virginia l
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 040400

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 208
  • Parcel: W-000-0527-011
  • Municipality: NORTH CENTRAL
  • Latitude: 37.5487
  • Longitude: -77.4576

    Address

  • Full Address: 1405 Grove Ave
  • Address - House Number: 1405
  • Address - Street Name: Grove
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C041
  • 4-Digit Zip Code: 4647
  • Zip Code: 23220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,208

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 417,961
  • High Value: 490,342
  • Low Value: 345,579

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,000
  • First Open Lien Mortgage Lender: VILLAGE BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Loan Amount: $341,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $434,000
  • Market Land Value: $325,000
  • Market Improvement Value: $109,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,000
  • Assessed Land Value: $325,000
  • Assessed Improvements Value: $109,000

    Sales

  • Current Sale Contract Date: Oct 24, 2017
  • Current Sale Recording Date: Nov 06, 2017
  • Current Sale Transaction ID: 11295747631
  • Current Sale Price: $290,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 170023415
  • Previous Sale Recording Date: Sep 13, 2017
  • Previous Sale Contract Date: Sep 01, 2017
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES COMMUNITY BANK
  • First Mortgage Transaction Date: Nov 06, 2017
  • First Mortgage Loan Amount: $365,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Fan - Oregon Hill - Carver



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215-218 S Arthur Ashe Blvd #218 S Arthur Ashe Blvd, Richmond, VA, 23220 Listing by Manager

Frequently Asked Questions

What neighborhood is 1405 Grove Avenue located in?
The 1405 Grove Avenue is a located in the neighborhood of The Fan in Fan - Oregon Hill - Carver, Richmond.
What is the average sales price for listings in 1405 Grove Avenue?
The average sales price for units in 1405 Grove Avenue is $0 currently.

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