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$992,088Estimated home value

Beds
4
Baths
3.5
sq ft
2,453

1128 West Ave, Richmond, VA 23220

1128 West Ave

Richmond, VA 22320

  • Sold On 10/21/2024
Don't miss this very special West Avenue renovated home in The Historic Fan District that has 10 ft ceilings and plenty of living space. The fantastic paneled front living room has fine crafted mill work with a gas fireplace. The dining room opens up to the hall, creating an airy feeling, perfect for entertaining. From here you flow into a large, comfortable family room that is adjacent to a spacious eat-in kitchen. Gas cooking, center island, granite counter tops, wet bar and wine refrigerator are everything you need. The kitchen opens to the new deck (2023) that steps down into the garden area, it is designed to double as a garden and off-street parking with a roll door. Also included in back are two new heat pumps. Upstairs you will find four spacious light filled bedrooms, two are en-suite, remodeled bathrooms, laundry room and lots of closets. This gem of a home is in the very unique West Avenue neighborhood and a great opportunity for a buyer seeking prime location.

Details

Property type

Single Family Residence

Est. home value

$992,088

Lot size

2,309 sq ft

Price per sq ft

$378

Year built

1906

Annual property taxes

$10,440

Price History

10/16/2024
CentralVirginia

CentralVirginia #2424079

Sold
$900,000
-2.7%
10/08/2024
CentralVirginia

CentralVirginia #2424079

Removed
$925,000
09/20/2024
CentralVirginia

CentralVirginia #2424079

Pending
$925,000

Schools & Community

Neighborhood: 

The Fan

Elementary school: 

Fox

Middle school: 

Dogwood

High school: 

Thomas Jefferson

Negotiation Insights

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

Seller could get up to

$492,962
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$358,038
Cash to seller
$492,962

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Republic Bank

Loan start date

March 2019

Original loan amount

$400,000

Est. remaining balance

$358,038

Interest rate

4.41%

Loan type

New Conventional, 30 year

Seller

Stewart H Gamage and Edward G Tompkins

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: Off Market

Tomo last checked: 01/15/2025 at 5:55 AM

Listing updated: 10/22/2024 at 1:51 AM

Listed by: Anne Chewning, The Steele Group Phone #: (804) 282-3136

MLS: CentralVirginia #2424079

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