tomo logo

$395,000

Beds
4
Baths
3.5
sq ft
2,028

3131 Groveland Ave, Richmond, VA 23222

3131 Groveland Ave

Richmond, VA 23222

  • 55 days on market
    • Price drop $4,000↓
Welcome to this beautifully renovated Northside home where luxury meets affordability. With stunning curb appeal featuring flower beds, a private driveway, and an inviting front porch, this property is sure to impress. Inside, you'll find a bright, open floor plan with endless possibilities. The standout kitchen boasts quartz countertops, stainless appliances and a gorgeous new Samsung refrigerator. This home offers 4 bedrooms and 3.5 baths, including a convenient first-floor bedroom with an ensuite bathroom—ideal for guests or multi-generational living. The first floor also includes a dedicated laundry room and a powder room. On the second floor you will find an expansive primary suite that is a true retreat, complete with a walk-in closet and a beautifully renovated bathroom. Two additional bedrooms with generous closets share a spacious, updated hall bath. The fenced backyard provides privacy and space, featuring garden beds, a large driveway, and a shed. Located just a short walk or bike ride from the shops and restaurants on Brookland Park Blvd, this home perfectly blends comfort, style, and convenience. Don’t miss the chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$407,115

Lot size

4,212 sq ft

Price per sq ft

$195

Year built

1910

Annual property taxes

$4,644

Price History

11/01/2024
CentralVirginia

CentralVirginia #2423792

Price change
$395,000
-1%
10/02/2024
CentralVirginia

CentralVirginia #2423792

Price change
$399,000
-5%
09/19/2024
CentralVirginia

CentralVirginia #2423792

Listed
$420,000
+24.63%

Schools & Community

Neighborhood: 

Highland Terrace

Elementary school: 

Barack Obama

Middle school: 

Henderson

High school: 

John Marshall

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

$63,287
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$300,113
Cash to seller
$63,287

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

November 2021

Original loan amount

$320,150

Est. remaining balance

$300,113

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Charles Samuel Mas and Lavonne Peterson

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?

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Status: Active

Tomo last checked: 11/13/2024 at 11:00 PM

Listing updated: 11/03/2024 at 3:15 PM

Listed by: Kelly Trask, Samson Properties Phone #: (804) 353-0009

MLS: CentralVirginia #2423792

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