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Sold for $795,000
  • $795,000

    1116 West Ave, Richmond, VA 23220

    5beds
    3baths
    2,684sqft
    Duplex, Multi Family, Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $296/sqft
    $2,843 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,843/mo

    Zestimate® history
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    What's special

    Family roomThoughtfully designed layoutOpen concept living spacesOpen concept kitchenGas cookingFrench door accessAmazing cabinet storage
    Stylish Duplex located on sophisticated West Ave in the heart of The Fan District. Amazing upstairs unit was once an owner's residence with thoughtfully designed layout with excellent use of space. The open concept living spaces feature large dining area, family room with handsome built-ins and French door access to the deck. The Kitchen features gas cooking, Sub-Zero refrigerator and amazing cabinet storage, plus a glass eat-in area. Front primary bedroom includes wonderful closet space as well as a luxurious bath with Ipe Wood accents in the shower. Rear bedroom shares the hall bath. Upstairs unit also has a super cool Hydronic Radiant Floor system for toasty floors on your bare feet! Lower level unit has 3 bedrooms, open concept kitchen/family room with outdoor access to the fenced brick terrace and off street parking area. If you are looking for a solid investment with wonderful rental income potential on one of the best streets in the city, you need to see this property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Graham Johnson 804-873-3504,

    Coldwell Banker Avenues

    Bought with:

    NON MLS USER MLS

    NON MLS OFFICE

    Source: CVRMLS,MLS#: 2410553MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Partial,Unfinished
    • Attic: Access Only
    Interior area
    • Total interior livable area: 2,684 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch, Side Porch
    • Fencing: Fenced,Privacy
    Lot
    • Size: 2,408 Square Feet
    Details
    • Parcel number: W0000531022
    • Zoning description: R-6
    • Special conditions: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Duplex, Multi Family, Multi Family
    Materials
    • Brick, Frame
    • Roof: Flat,Rubber
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $296/sqft
    • Tax assessed value: $631,000
    • Annual tax amount: $7,476
    • Date on market: 4/29/2024
    • Ownership: Other

    Price history

    DateEventPrice
    5/30/2024Sold$795,000+3.4%$296/sqft
    Source: CVRMLS #2410553 Report a problem
    5/2/2024Pending sale$769,000$287/sqft
    Source: CVRMLS #2410553 Report a problem
    4/26/2024Listed for sale$769,000+30%$287/sqft
    Source: CVRMLS #2410553 Report a problem
    6/7/2019Sold$591,725-0.6%$220/sqft
    Source: CVRMLS #1914150 Report a problem
    5/7/2019Pending sale$595,000$222/sqft
    Source: Long & Foster REALTORS #1914150 Report a problem
    5/2/2019Price change$595,000-3.3%$222/sqft
    Source: Long & Foster REALTORS #1914150 Report a problem
    4/13/2019Listed for sale$615,000+200%$229/sqft
    Source: Owner Report a problem
    3/19/1998Sold$205,000$76/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,096 +20.1%$758,000 +20.1%
    2024$7,572 +1.3%$631,000 +1.3%
    2023$7,476 $623,000
    2022$7,476 +27.4%$623,000 +27.4%
    2021$5,868 +0.8%$489,000 +0.8%
    2020$5,820 +3.9%$485,000 +3.9%
    2019$5,604 +5.9%$467,000 +5.9%
    2018$5,292 +21.5%$441,000 +3%
    2017$4,356 $428,000 +4.1%
    2016$4,356 $411,000 +2%
    2015$4,356 $403,000 +1.5%
    2014$4,356 $397,000 +0.5%
    2013-- $395,000
    2012-- $395,000
    2011-- $395,000
    2010-- $395,000 -2.6%
    2009-- $405,600
    2008-- $405,600 +3.3%
    2007-- $392,700 +4.6%
    2006-- $375,300
    2005-- $375,300 +15%
    2003-- $326,300 +11.7%
    2002-- $292,100 +46.4%
    2001$2,853 $199,500
    Find assessor info on the county website

    Neighborhood: The Fan

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fox
    • Middle: Thompson
    • High: Thomas Jefferson

    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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