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Sold for $477,870
  • $477,870

    1023 W 45th St, Richmond, VA 23225

    3beds
    1,610sqft
    Single Family Residence
    Built in 1942
    5,009 Square Feet Lot
    $478,000 Zestimate®
    $297/sqft
    $2,834 Estimated rent

    Home value

    $478,000

    $454,000 - $502,000

    $2,834/mo

    Zestimate® history
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    What's special

    Brick fireplaceModern comfortsHistoric characterInviting sunroomClassic architectureUpdated bathroomsOrnamental cherry trees
    Nestled in the vibrant Forest Hill Terrace neighborhood, this charming Colonial offers the perfect blend of historic character, thoughtful updates, and an exceptional location. Just a leisurely stroll from Forest Hill Park and its weekly farmers market, the James River, and dining destinations such as Little Nickel, this home places the best of Forest Hill right at your doorstep. Step inside and be greeted by the timeless allure of gorgeous hardwood floors, a brick fireplace, a formal dining room, and an inviting sunroom. Oak flooring runs throughout the first floor and heart pine flooring upstairs. The inviting sunroom provides a tranquil retreat, ideal for morning coffee, reading, or simply enjoying views of the surrounding landscape. A half bath off the kitchen and large pantry area complete the downstairs. Upstairs, you’ll find a large and bright primary bedroom with attached dressing area. Two additional rooms, a full bath, and a hallway linen closet round out the second floor. A full basement provides abundant storage space. Thoughtfully maintained and updated, the home features updated bathrooms and a new A/C unit (2023), and the boiler flue was relined in 2023. Annual maintenance through Woodfin reflects the care invested in the property’s major systems. The roof, estimated to be from 2004, has been regularly maintained and soft-washed. Outside, discover a backyard filled with seasonal beauty and abundant harvests. Mature persimmon and peach trees complement ornamental cherry trees, creating a private oasis for gardening, entertaining, or relaxing outdoors. Rich in charm and ideally situated, this Forest Hill Terrace gem is a rare opportunity to enjoy classic architecture, modern comforts, and an unmatched neighborhood lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Courtney Haag 804-332-4632,

    River Fox Realty

    Bought with:

    Bessan Daou, 0225255412

    CapCenter

    Source: CVRMLS,MLS#: 2616420MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Dimensions: 12.0 x 11.0
    Bedroom 2
    • Level: Second
    • Dimensions: 12.0 x 9.0
    Bedroom 3
    • Level: Second
    • Dimensions: 9.0 x 8.0
    Additional room
    • Description: sunroom
    • Level: First
    • Dimensions: 15.0 x 7.0
    Additional room
    • Description: Off kitchen pantry area
    • Level: First
    • Dimensions: 10.0 x 7.0
    Dining room
    • Level: First
    • Dimensions: 12.0 x 10.0
    Foyer
    • Level: First
    • Dimensions: 7.0 x 6.0
    Other
    • Description: Tub & Shower
    • Level: Second
    Half bath
    • Level: First
    Kitchen
    • Level: First
    • Dimensions: 12.0 x 9.0
    Living room
    • Level: First
    • Dimensions: 19.0 x 12.0
    Heating
    • Oil, Radiator(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Oil Water Heater, Refrigerator, Stove, Washer
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, High Ceilings
    • Flooring: Ceramic Tile, Wood
    • Basement: Full
    • Attic: Pull Down Stairs
    • Has fireplace: Yes
    • Fireplace features: Masonry
    Interior area
    • Total interior livable area: 1,610 sqft
    • Finished area above ground: 1,610
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Porch, Patio
    • Pool features: None
    Lot
    • Size: 5,009 Square Feet
    Details
    • Parcel number: S0060374005
    • Zoning description: R-5

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial,Transitional
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Frame, Plaster, Wood Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Forest Hill Terrace
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $297/sqft
    • Tax assessed value: $389,000
    • Annual tax amount: $4,668
    • Date on market: 7/11/2026
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    7/17/2026Sold$477,870+5.3%$297/sqft
    Source: CVRMLS #2616420 Report a problem
    6/29/2026Pending sale$454,000$282/sqft
    Source: CVRMLS #2616420 Report a problem
    6/23/2026Listed for sale$454,000+74.6%$282/sqft
    Source: CVRMLS #2616420 Report a problem
    8/1/2005Sold$260,000$161/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,668 +5.7%$389,000 +5.7%
    2024$4,416 -2.6%$368,000 -2.6%
    2023$4,536 $378,000
    2022$4,536 +26.8%$378,000 +26.8%
    2021$3,576 +3.1%$298,000 +3.1%
    2020$3,468 +8.2%$289,000 +8.2%
    2019$3,204 +8.5%$267,000 +8.5%
    2018$2,952 +12.8%$246,000 +0.8%
    2017$2,616 $244,000 +9.9%
    2016$2,616 $222,000 +1.8%
    2015$2,616 $218,000
    2014$2,616 $218,000
    2013-- $218,000 -5.6%
    2012-- $231,000 -3.3%
    2011-- $239,000
    2010-- $239,000 +0.2%
    2009-- $238,600 +3.5%
    2008-- $230,500 +4%
    2007-- $221,700 +9.6%
    2006-- $202,300 +8.4%
    2005-- $186,700 +26%
    2003-- $148,200 +10%
    2002-- $134,700 +5%
    2001$1,834 $128,270
    Find assessor info on the county website

    Neighborhood: Forest Hill Terrace

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Westover Hills
    • Middle: Lucille Brown
    • High: Huguenot

    Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $478,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $478,000