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$1,095,000

Beds
3
Baths
3.5
sq ft
2,614

1607 Hanover Ave, Richmond, VA 23220

1607 Hanover Ave

Richmond, VA 23220

  • Coming soon
Welcome Home to 1607 Hanover Ave., located in the sought after Historic Fan. This prestigious home offers timeless beauty, gorgeous molding/woodwork, while offering modern conveniences of today. Step into the Foyer and note the 10'+ ceilings, beautiful fireplaces and mantles, original hardwoods throughout the home. The Foyer is open to the living room that has triple windows, stained glass transom; the dining room has pocket doors, amazing natural lighting. The Kitchen has custom cabinets with soft close drawers, granite, an island/bar top, new gas stainless stove, beautiful windows along the back of the home and opens to a cozy family room. The second floor continues with hardwood floors, a primary bedroom with fireplace, excellent closet and en-suite bathroom with a double vanity sink, spacious marble shower with a bench and glass door. Bedrooms 2 & 3 are good sized and charming. The second floor has a second full bath with tub and a powder room is located on the first floor. The back of the home offers a private and charming paved courtyard with mature landscaping. There is a detached carriage home that offers a spacious room that can be bedroom/living/office, an efficiency kitchen and full bathroom. It is a remarkable opportunity for a separate suite/rental opportunity. A walk to Lombardy Park, Kuba Kuba and more, this home is a must see!

Details

Property type

Single Family Residence

Est. home value

$853,467

Lot size

2,605 sq ft

Price per sq ft

$419

Year built

1896

Annual property taxes

$9,072

Price History

09/03/2020
CentralVirginia

CentralVirginia #2020203

Sold
$631,000

Schools & Community

Neighborhood: 

The Fan

Elementary school: 

Fox

Middle school: 

Dogwood

High school: 

Thomas Jefferson

Community features: 

Playground

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

$571,698
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$435,702
Cash to seller
$571,698

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2020

Original loan amount

$481,000

Est. remaining balance

$435,702

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Brenda Elaine Sawyer

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: Coming Soon

Tomo last checked: 01/10/2025 at 6:10 AM

Listing updated: 01/09/2025 at 7:50 PM

Listed by: Melissa Oefelein, Keller Williams Realty Phone #: (804) 282-5901

MLS: CentralVirginia #2500606

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