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Richmond 23230 Sauer's Gardens
4511 Augusta Avenue
$657,000
● House - Off Market

4511 Augusta Avenue

Richmond, VA 23230
bedrooms
3 Beds
bathrooms
2 Baths
$525,880
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to this charming cape on Augusta Ave. Walk right into a lovely living room with hardwood floors and wood-burning fireplace. Off the living room is the perfect home office, reading area or craft room. The formal dining room leads you to the updated kitchen with granite countertops, stainless steel appliances and slate tile flooring. Move through the kitchen to a beautiful light-filled den area, perfect for movie nights or enjoying your morning coffee. The first floor hosts a bedroom and full bath with shower. The second floor features two additional bedrooms with a shared full bath. Enjoy the outdoor space and get a break from the sun under the pergola. This wonderful home is close to Scott's Addition, Willow Lawn along with easy access to highways, making its location unbeatable.
Unit Size
-
Days on Market
83 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #2306379)

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold
Premium
Sold
Mar 22, 2023 Listed by Joyner Fine Properties $525,000
Listed by Joyner Fine Properties
Feb 20, 2019 Sold
Premium
Sold
Jan 16, 2019 No longer available -
No longer available
Jan 12, 2019 Relisted $389,750
Relisted
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 6
  • Construction Type: 17
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 175
  • Floor Cover: 15
  • Basement Type: 6
  • Basement Area: 379
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,813
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONUMENT AVENUE PARK
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 115
  • Legal Description 1: MONUMENT AVE PARK L8-9PT7 B9 0062.50X0125.00 0000.000

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 050200

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 111
  • Parcel: W-000-2032-007
  • Municipality: WEST END
  • Latitude: 37.5754
  • Longitude: -77.4904

    Address

  • Full Address: 4511 Augusta Ave
  • Address - House Number: 4511
  • Address - Street Name: Augusta
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C012
  • 4-Digit Zip Code: 3723
  • Zip Code: 23230

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $564,000

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 606,419
  • High Value: 725,400
  • Low Value: 487,439

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $170,000
  • Market Improvement Value: $300,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,000
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8885
  • Previous Sale Recording Date: Feb 20, 2019
  • Previous Sale Contract Date: Feb 18, 2019
  • Previous Sale Amount: $395,000
  • 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:

$749,950

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: Wayne Gauthier, Joyner Fine Properties
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2306379
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 4511 Augusta Avenue built and last sold?
The property at 4511 Augusta Avenue was built in 1950 and last sold on May 11, 2023 for $657,000.
How much is this home worth?
The estimated value of the home located at 4511 Augusta Avenue is $530,250.
What are some comparable homes to 4511 Augusta Avenue?
There are currently no comparable homes to 4511 Augusta Avenue.
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