tomo logo

$306,000

Beds
3
Baths
2.0
sq ft
1,853

1116 E 16th St, Richmond, VA 23224

1116 E 16th St

, VA 23224

  • 3 days on market
    • Open house Apr 05
Welcome to a move-in ready gem near Manchester in Richmond, VA—nestled on a quiet street and conveniently located just minutes from interstate exits. This refined 3-bedroom, 2-bathroom home spans over 1,800 sq ft of modern living space and features essential must haves including a updated roof, HVAC, and electrical system for worry-free living. The heart of the home is a sleek, updated kitchen with granite countertops and brand-new stainless steel appliances, perfect for both gourmet cooking and casual dining. Each bedroom comes complete with its own closet, while fresh paint and modern light fixtures throughout add a crisp, contemporary feel. A spacious finished basement offers versatile space for recreation or work, complete with a dedicated laundry area. Outdoors, the fully fenced yard enhances privacy and convenience, featuring a handy shed and exterior basement access.

Details

Property type

Single Family Residence

Est. home value

$290,936

Lot size

5,001 sq ft

Price per sq ft

$166

Year built

1947

Annual property taxes

$3,084

Price History

03/31/2025
CentralVirginia

CentralVirginia #2508245

Listed
$306,000
+7.37%
10/31/2022
CentralVirginia

CentralVirginia #2223253

Sold
$285,000
+106.52%
03/02/2022
CentralVirginia

CentralVirginia #2203099

Sold
$138,000

Schools & Community

Neighborhood: 

Oak Grove

Elementary school: 

Oak Grove

Middle school: 

Boushall

High school: 

Armstrong

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Atlantic Coast Mortgage Llc

Loan start date

October 2022

Original loan amount

$276,450

Est. remaining balance

Not provided

Interest rate

5.89%

Loan type

New Conventional

Seller

Glenda Abbieann Wagner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 11:55 AM

Listing updated: 04/01/2025 at 7:06 AM

Listed by: James OConnell, Coldwell Banker Avenues Phone #: (804) 288-4163

MLS: CentralVirginia #2508245

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