9 days on rocket

1718 Gross Ave, Richmond, VA, 23224

$125,000

Home List Price

$1,484*

Closing Credit

2 Bedrooms
1 Full Bath
725 SqFt
$172/SqFt
House
Schools Nearby

Location

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1718 Gross Ave, Richmond$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1948
HeatingElectric, Heat Pump
CoolingCentral Air
MLS #2410295
Lot Size0.24 Acres
StatusActive

About 1718 Gross Ave

Welcome to 1718 Gross Avenue, a charming brick rancher nestled in Richmond’s McGuire Village subdivision. This cozy abode boasts 725± square feet of one-level living, 2 bedrooms and 1 full bath. As you approach the home, you'll be greeted by a welcoming covered side porch. Step inside to discover a naturally lit living room adorned with hardwood floors, creating a warm and inviting atmosphere. Adjacent to the living room, the kitchen awaits, featuring wooden cabinets, tile flooring, and an entrance to the expansive backyard, offering ample space for outdoor activities and gatherings. Down the hall, you'll find a full bath and two generously sized bedrooms, providing comfortable accommodation for residents or guests. Located in Richmond’s up-and-coming Manchester area, 1718 Gross Ave offers easy access to popular spots in the city, including the Fan, Shockoe Bottom, and the Richmond Airport. Plus, with quick access to I-95, commuting to other parts of the city is a breeze. Upgrades to the home include a new roof in 2020, new HVAC with cage in 2020, new subfloor and toilet in 2021, side porch and front porch rebuilt in 2024. The lot is also approved for an additional dwelling to be built. Currently occupied by long-term tenants who wish to stay, this property presents an excellent investment opportunity, with a monthly rent of $795, making it an income-producing asset for savvy investors. Don't miss out on the chance to own this delightful home in a thriving neighborhood! This property is being sold completely "AS-IS." This property is subject to Auction. The list price represents the Starting Bid, not the Final Sales Price. This property can be sold prior to Auction with an offer that is acceptable to the Seller.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1948
  • Stories: 1
  • Living Area: 725 SqFt

Listing Office:

  • Office Name: Motleys Real Estate
  • Office Phone: (804) 232-3300
  • Listing Agent: Carly Stratton Hancock

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Linoleum, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • George Wythe High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Franklin Military Academy, Public District Grades 6-12
  • Thomas C. Boushall Middle School, Public District Grades 6-8
  • Broad Rock Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $996
  • Tax Year: 2021
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Housing Market Comparison

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

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Richmond, VA

City

Med. Sold Price

$346.3K

Med. Price/SqFt

$218

Avg. Days On Market

18

# of Sold Homes

376

1718 Gross Ave vs Richmond

9 DAYS ON ROCKET

-9 Days

$125,000

-$221.3K Less

$172/SqFt

-$46 Less

KEY TAKEAWAY

This property is $221.3K less than the Median Sold Price and $46/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2410295

Listing Office:

  • Office Name: Motleys Real Estate
  • Office Phone: (804) 232-3300
  • Listing Agent: Carly Stratton Hancock

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: 5/4/2024, 3:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 19, 2021Home Sold
$75,000
Feb 17, 2004Home Sold
$53,000

Tax History

YEARPROP. TAXASSESSMENT
2021$996$85,000
2020$996$83,000
2019$744$77,000
2018$744$62,000

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-5737491
2
/10

  • Broad Rock Elementary School

  • 4615 Ferguson Ln

  • 1.54 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5737492
3
/10

  • Thomas C. Boushall Middle School

  • 3400 Hopkins Rd

  • 1.50 miles

  • Public District Grades 6-8

High School

school-card-donut-5737493
1
/10

  • George Wythe High School

  • 4314 Crutchfield St

  • 1.64 miles

  • Public District Grades 9-12

school-card-donut-5737494
10
/10

  • Open High School

  • 600 S Pine St

  • 3.10 miles

  • Public District Grades 9-12

school-card-donut-5737495
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 3.99 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,579. The majority of Richmond, VA residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1718 Gross Ave

What is the listing price of this property?

The listing price of 1718 Gross Ave property is $125,000.

What type of property is this?

The property 1718 Gross Ave is a house located in Richmond, Virginia, 23224.

Is this property for sale now?

Active Listing: 1718 Gross Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1718 Gross Ave are:
Broad Rock Elementary School: GreatSchools Rating 2/10
Thomas C. Boushall Middle School: GreatSchools Rating 3/10
George Wythe High School: GreatSchools Rating 1/10
Open High School: GreatSchools Rating 10/10
Franklin Military Academy: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $996 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 19, 2021 for $75,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1718 Gross Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1718 Gross Ave is 725 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1718 Gross Ave is 1948.

Rocket Homes›Virginia›Richmond›23224›1718 Gross Ave

This home is located at 1718 Gross Ave in Richmond, VA and zip code 23224 in the South Side neighborhood. This 725 square foot home, which was built in 1948, sits on a 0.24 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $125,000.

Richmond, VA housing market in April 2024 saw over 201 listings sold above listed price, more than 89 sold at listed price and over 85 sold below. The number of listings in Richmond, VA increased by 10% between March 2024 and April 2024. In April 2024 median list price was $346,381 and the average listing age was 18 days.

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

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