Affordable Home! Perfect for first-time home buyer, Investor, or anyone looking to downsize to the simple life. This cute and cozy ground level 2 bed 1 bath condo is directly across from the beautifully scenic Forest Hill Park and minutes away from Downtown and VCU. Water, trash removal, ground maintenance, building exterior and parking lot maintenance, and heating and cooling maintenance are included in the monthly condo fee. Storage space is located in the basement and there is assigned parking.
Sold for $162,750
$162,750
4050 Forest Hill Ave #U3, Richmond, VA 23225
2beds
695sqft
Condominium
Built in 1961
-- sqft lot
$170,800 Zestimate®
$234/sqft
$1,567 Estimated rent
Home value
$170,800
$150,000 - $193,000
$1,567/mo
Zestimate® history
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$1,439/mo
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Zillow last checked:
Listing updated:
Listed by:
James Martin 804-855-8485,
Lifelong Realty Inc
Bought with:
Andrew Affendikis, 0225196387
Joyner Fine Properties
Bentley Affendikis, 0225093204
Joyner Fine Properties
Source: CVRMLS,MLS#: 2427969
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Dimensions: 0 x 0
Other
- Description: Tub & Shower
- Level: First
Kitchen
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Hot Water, Natural Gas, Steam
Cooling
- Central Air
Features
- Flooring: Wood
- Has basement: No
- Attic: None
Interior area
- Total interior livable area: 695 sqft
- Finished area above ground: 695
Property
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
Details
- Parcel number: S0002923082
- Zoning description: R-53
- Special conditions: Corporate Listing
Construction
Type & style
- Home type: Condo
- Architectural style: Colonial
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Roof: Pitched,Slate
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Forest Oaks Condominiums
HOA
- Has HOA: Yes
- Services included: Common Areas, Gas, Heat, Hot Water, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
- HOA fee: $398 monthly
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $135,000
- Annual tax amount: $1,620
- Date on market: 9/18/2025
- Ownership: Corporate
- Ownership type: Corporation
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2025 | Sold | $162,750-5.1%$234/sqft |
Source:  CVRMLS #2427969 Report a problem | ||
| 2/26/2025 | Pending sale | $171,499$247/sqft |
Source: CVRMLS #2427969 Report a problem | ||
| 2/5/2025 | Price change | $171,499-1.2%$247/sqft |
Source: CVRMLS #2427969 Report a problem | ||
| 1/22/2025 | Price change | $173,499-0.6%$250/sqft |
Source: CVRMLS #2427969 Report a problem | ||
| 1/2/2025 | Price change | $174,499-0.6%$251/sqft |
Source: CVRMLS #2427969 Report a problem | ||
| 12/22/2024 | Price change | $175,499-0.6%$253/sqft |
Source: CVRMLS #2427969 Report a problem | ||
| 12/16/2024 | Price change | $176,499-0.6%$254/sqft |
Source: CVRMLS #2427969 Report a problem | ||
| 11/15/2024 | Price change | $177,499-1.4%$255/sqft |
Source: CVRMLS #2427969 Report a problem | ||
| 10/25/2024 | Listed for sale | $179,999+500%$259/sqft |
Source: CVRMLS #2427969 Report a problem | ||
| 12/8/2009 | Sold | $30,000-59.2%$43/sqft |
Source: Public Record Report a problem | ||
| 7/25/2008 | Listing removed | $73,500$106/sqft |
Source: Prudential Real Estate #2814985 Report a problem | ||
| 5/29/2008 | Listed for sale | $73,500+15.7%$106/sqft |
Source: Prudential Real Estate #2814985 Report a problem | ||
| 5/26/2006 | Sold | $63,500$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,704 +5.2% | $142,000 +5.2% |
| 2024 | $1,620 +29.8% | $135,000 +29.8% |
| 2023 | $1,248 | $104,000 |
| 2022 | $1,248 +50.7% | $104,000 +50.7% |
| 2021 | $828 +15% | $69,000 +15% |
| 2020 | $720 +5.3% | $60,000 +5.3% |
| 2019 | $684 +3.6% | $57,000 +3.6% |
| 2018 | $660 | $55,000 |
| 2017 | $660 | $55,000 |
| 2016 | $660 | $55,000 |
| 2015 | $660 | $55,000 |
| 2014 | $660 | $55,000 |
| 2013 | -- | $55,000 -11.3% |
| 2012 | -- | $62,000 -11.4% |
| 2011 | -- | $70,000 |
| 2010 | -- | $70,000 |
| 2009 | -- | $70,000 |
| 2008 | -- | $70,000 +5.6% |
| 2007 | -- | $66,300 +44.1% |
| 2006 | -- | $46,000 |
| 2005 | -- | $46,000 +48.4% |
| 2003 | -- | $31,000 |
| 2002 | -- | $31,000 -1.4% |
| 2001 | $450 | $31,450 |
Find assessor info on the county website
Neighborhood: Forest Hill Terrace
Nearby homes
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- $175,0002 bd1 ba829 sqft4050 Forest Hill Ave #U9, Richmond, VA 23225Sold
Nearby schools
GreatSchools rating
- 2/10Westover Hills Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 1/10Lucille M. Brown Middle SchoolGrades: 6-8Distance: 2.1 mi
- 1/10Richmond High School for the ArtsGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Westover Hills
- Middle: Thompson
- 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
$170,800
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
$170,800
- Virginia
- Richmond City
- Richmond
- 23225
- Forest Hill Terrace
- 4050 Forest Hill Ave Unit U3
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