9 days on rocket

Sale Pending

3118 Hanover Ave, Richmond, VA, 23221

$740,000

Home List Price

$8,788*

Closing Credit

0 Baths
2,832 SqFt
$261/SqFt
Multi
Schools Nearby

Location

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3118 Hanover Ave, Richmond$740,000

Buyer Closing Credits

$8,788*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street, On Street
Year Built1912
MLS #2410316
Lot Size0.08 Acres
StatusSale Pending
(Pending)

About 3118 Hanover Ave

Beautiful Brick Quad located in the Museum District and blocks away from Carytown! This 4 unit property features front & rear porches, rear parking, replaced windows, stoves/ovens, refrigerators, built in microwaves, stack washers/dryers, updated kitchen & baths, hardwood floors, air conditions, and great location! Sellers are aware the rental rates are below market value.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1912
  • Stories: 2
  • Living Area: 2,832 SqFt

Listing Office:

  • Office Name: Atlantic Beacon Realty Inc
  • Office Phone: (804) 359-7355
  • Listing Agent: Michael Maynes

Interior Features

Interior Information:

  • Basement: No
  • Interior: Ceiling Fan(s), Dining Area, Laminate Counters, Window Treatments

Exterior Features

Parking Information:

  • Parking: Off Street, On Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.08 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Cary Street or Monument to Belmont Ave, . Right on Hanover.

Price Information

Listing Price Info

Price Summary:

  • List Price: $740,000
  • Price Per SqFt: $261/SqFt

Tax Information:

  • Annual Amount: $4,656
  • 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

3118 Hanover Ave vs Richmond

9 DAYS ON ROCKET

-9 Days

$740,000

+$393.6K More

$261/SqFt

+$43 More

KEY TAKEAWAY

This property is $393.6K more than the Median Sold Price and $43/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: #2410316

Listing Office:

  • Office Name: Atlantic Beacon Realty Inc
  • Office Phone: (804) 359-7355
  • Listing Agent: Michael Maynes

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: 5/5/2024, 6:10:33 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

Oct 14, 2014Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,656$401,000
2020$4,656$388,000
2019$3,828$347,000
2018$3,828$319,000

History based on county public records data.

Payment Calculator

$3,761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,285

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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-6345241
4
/10

  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.65 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6345242
2
/10

  • Albert Hill Middle School

  • 3400 Patterson Ave

  • 0.36 miles

  • Public District Grades 6-8

High School

school-card-donut-6345243
3
/10

  • Thomas Jefferson High School

  • 4100 W Grace St

  • 1.03 miles

  • Public District Grades 9-12

school-card-donut-6345244
10
/10

  • Open High School

  • 600 S Pine St

  • 2.06 miles

  • Public District Grades 9-12

school-card-donut-6345245
10
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 2.80 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,070. Most Richmond, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23221›3118 Hanover Ave

This home is located at 3118 Hanover Ave in Richmond, VA and zip code 23221 in the West End neighborhood. This 2,832 square foot home, which was built in 1912, sits on a 0.08 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $740,000.

In April 2024, from all listings sold in Richmond, VA there were more than 201 sold above asking price, over 85 sold below and more than 89 were sold right at the asked price. Between March 2024 and April 2024, Richmond, VA real estate market has seen increase in the number of listings by 10%. While the average time on the market in April 2024 was 18 days, the median list price was $346,381.

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

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