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Richmond 23230 Sauer's Gardens
4016 Augusta Avenue
$410,000
● House - Off Market

4016 Augusta Avenue

Richmond, VA 23230
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,405
Est. Monthly
5.00%
Cap Rate

About This Property

This charming brick Cape Cod offers a desirable location near the heart of Richmond. Freshly painted inside and out, the home includes a wood-burning fireplace, screened-in porch, brick paver patio with natural gas hook up, detached shed, and fenced rear yard. Updates include a sump pump (2024) in the crawlspace, a radiator (2020) for backup heat, and a 50-year Grand Manor roof (2013). Enjoy the convenience of city living with easy access to highways and transportation as well as shops and restaurants in Willow Lawn, Scott's Addition, the Museum District, and Carytown. Don't miss the opportunity to own this adorable home featuring a perfect blend of character, updates, and a fantastic neighborhood.
Unit Size
-
Days on Market
58 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1946

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CVRMLS #2400999)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold
Premium
Sold
Jan 23, 2024 Listed by Shaheen Ruth Martin & Fonville $410,000
Listed by Shaheen Ruth Martin & Fonville
Nov 3, 2014 Sold
Premium
Sold
Sep 27, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1987
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,243
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,281
  • Building Area: 1,281
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,281
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMAS JEFFERSON TERRACE
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 115
  • Legal Description 1: JEFFERSON THOMAS TERR L35 B12 0046.63X0125.37 IRG0000.000

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 050100

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 112
  • Parcel: W-000-1799-038
  • Municipality: WEST END
  • Latitude: 37.5719
  • Longitude: -77.4838

    Address

  • Full Address: 4016 Augusta Ave
  • Address - House Number: 4016
  • Address - Street Name: Augusta
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C012
  • 4-Digit Zip Code: 3904
  • Zip Code: 23230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,200

    Appraisal Valuation

  • Standard Deviation: 0.0976
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 91
  • Final Value: 415,215
  • High Value: 455,747
  • Low Value: 374,683

    Market Valuation

  • Market Total Value: $391,000
  • Market Land Value: $170,000
  • Market Improvement Value: $221,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,000
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $221,000

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 4433
  • Previous Sale Recording Date: Nov 03, 2014
  • Previous Sale Contract Date: Oct 21, 2014
  • Previous Sale Amount: $234,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Near West End

Stats & Trends

Median Asking:

$774,950

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

34

Average Home Size

2951 ft²

Average Home Age

58.1 years

Currently For Sale

24 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 27 W Locke Lane, Richmond, VA, 23226

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 905 ft²
27 W Locke Lane #U4, Richmond, VA, 23226 Listing by Theresa Alford
Unit for rent at 3600 W Broad Street, Richmond, VA, 23230

$2,225 /mo

  • 2 Beds
  • 2 Baths
3600 W Broad Street #108, Richmond, VA, 23230 Listing by Marc Austin Highfill

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Annie Carter, Shaheen Ruth Martin & Fonville
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2400999
All or a portion of the 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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 4016 Augusta Avenue built and last sold?
The property at 4016 Augusta Avenue was built in 1946 and last sold on Mar 15, 2024 for $410,000.
How much is this home worth?
The estimated value of the home located at 4016 Augusta Avenue is $0.
What are some comparable homes to 4016 Augusta Avenue?
There are currently no comparable homes to 4016 Augusta Avenue.
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