1 month on rocket

Sale Pending

1418 Grove Ave, Richmond, VA, 23220

$1,200,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths, 1 Partial
4,652 SqFt
$258/SqFt
House
Schools Nearby

Location

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1418 Grove Ave, Richmond$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage, Garage Door Opener, Off Street, Two Spaces, On Street, Storage, Unfinished Garage
Garage1 space
Year Built1893
HeatingHot Water, Natural Gas, Radiant
CoolingZoned
BasementYes
FireplaceDecorative
ViewCity
MLS #2406338
StatusSale Pending
(Pending)

About 1418 Grove Ave

One of the Fan's most original houses with a rich and interesting history, this gracious home is offered for the first time since the mid 1970's. Before Monument Avenue became the place to live, there was the Lower End of Grove Avenue where in the 1890's some of Richmond's most expensive homes were constructed for a number of the leading citizens of the City. The First Floor features the original fireplaces (non working) with original mantels and tile surrounds and even original converted gas ceiling chandeliers! Improvements over the years include a working Otis three story elevator, a Mint Julep Sipping Parlor on the side and an updated Kitchen. One of the unusual features is a two story Carriage House with parking, a side potting shed and a second floor game room. There is even a Prohibition era concealed cellar! Great yard and Patio with wonderful morning sun. Lovingly maintained and restored by the current owner, including many original architectural elements, there was a separate bedroom for each of five children and several extra rooms, so you will not run out of space. This is truly a grand home and will be a showplace for any future owner. Please view the two videos to learn more about this special home. LOVE WHERE YOU LIVE!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1893
  • Stories: 4
  • Living Area: 4,652 SqFt

Listing Office:

  • Office Name: RE/MAX Commonwealth
  • Office Email: tom@tominnes.com
  • Listing Agent: Thomas Innes

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Refrigerator, Cooktop, Washer
  • Basement: Yes
  • Flooring Type: Laminate, Parquet, Wood
  • Interior: Bay Window, Dining Area, Separate/Formal Dining Room, Fireplace, Granite Counters, High Ceilings, Bath in Primary Bedroom
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: Deck, Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage, Garage Door Opener, Off Street, Two Spaces, On Street, Storage, Unfinished Garage

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas, Radiant
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Richmond Community High School, Public District Grades 9-12
  • Thomas Jefferson High School, Public District Grades 9-12
  • Binford Middle School, Public District Grades 6-8
  • William Fox Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: On Grove Avenue one block east of Lombardy Street. Permit Parking with One Hour Limit.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $258/SqFt

Tax Information:

  • Annual Amount: $9,288
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

Med. Sold Price

$343.1K

Med. Price/SqFt

$216

Avg. Days On Market

22

# of Sold Homes

329

1418 Grove Ave vs Richmond

34 DAYS ON ROCKET

+12 Days

$1,200,000

+$856.8K More

$258/SqFt

+$42 More

KEY TAKEAWAY

This property is $856.8K more than the Median Sold Price and $42/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2406338

Listing Office:

  • Office Name: RE/MAX Commonwealth
  • Office Email: tom@tominnes.com
  • Listing Agent: Thomas Innes

IDX 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 Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,288$780,000
2020$9,288$774,000
2019$8,292$740,000
2018$8,292$691,000

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1064198
4
/10
  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.62 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1064199
3
/10
  • Binford Middle School

  • 1701 Floyd Ave

  • 0.25 miles

  • Public District Grades 6-8

High School

school-card-donut-1064200
10
/10
  • Open High School

  • 600 S Pine St

  • 0.90 miles

  • Public District Grades 9-12

school-card-donut-1064201
10
/10
  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 2.14 miles

  • Public District Grades 9-12

school-card-donut-1064202
3
/10
  • Thomas Jefferson High School

  • 4100 W Grace St

  • 2.18 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,200. Residents of Richmond, VA typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1418 Grove Ave

What is the listing price of this property?

The listing price of 1418 Grove Ave property is $1,200,000.

What type of property is this?

The property 1418 Grove Ave is a house located in Richmond, Virginia, 23220.

Is this property for sale now?

Sale Pending: 1418 Grove Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1418 Grove Ave are:
William Fox Elementary School: GreatSchools Rating 4/10
Binford Middle School: GreatSchools Rating 3/10
Open High School: GreatSchools Rating 10/10
Richmond Community High School: GreatSchools Rating 10/10
Thomas Jefferson High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,288 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1418 Grove Ave has 7 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1418 Grove Ave is 4,652 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1418 Grove Ave is 1893.

Rocket HomesVirginiaRichmond232201418 Grove Ave

This home is located at 1418 Grove Ave in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 4,652 square foot home was built in 1893. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $1,200,000.

In March 2024 more than 158 listings in Richmond, VA were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 97 were sold below. The inventory of homes for sale in Richmond, VA between February 2024 and March 2024 increased by 7.8%. Listings spent 22 days on the market in March 2024, and had a median list price of $343,141 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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