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$187,000   Price Analysis
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1718 Gross Ave
Richmond, VA 23224
2 bed 1 bath 725 SqFt ($257/SqFt)
0.24 acre lot. Built 1948
Listed 2024-04-24, Taxes $1,452
Ⓧ USDA Ineligible
due to location

near Richmond

Welcome to 1718 Gross Avenue

* Sale Pending *

A charming brick rancher nestled in Richmonds McGuire V illage subdivision. This cozy abode boasts 725 square feet of one-level living, 2 bedrooms and 1 full bath. As you approach the home, you'll be greeted by a welcoming covered side porch. Step inside to discover a naturally lit living room adorned with hardwood floors, creating a warm and inviting atmosphere. Adjacent to the living room, the kitchen awaits, featuring wooden cabinets, tile flooring and an entrance to the expansive backyard, offering ample space for outdoor activities and gatherings. Down the hall, you'll find a full bath and two generously sized bedrooms, providing comfortable accommodation for residents or guests. Located in Richmonds up-and-coming Manchester area, 1718 Gross Ave offers easy access to popular spots in the city, including the Fan, Shockoe Bottom and the Richmond Airport. Plus, with quick access to I-95, commuting to other parts of the city is a breeze. Upgrades to the home include a new roof in 2020, new HVAC with cage in 2020, new subfloor and toilet in 2021, side porch and front porch rebuilt in 2024. Th lot is also approved for an additional dwelling to be built. Currently occupied by long-term tenants who wish to stay, this property presents an excellent investment opportunity, with a monthly rent of $795, making it an income-producing asset for savvy investors. Don't miss out on the chance to own this delightful home in a thriving neighborhood!

This property is being sold completely AS-IS.


Presented by Carly Stratton Hancock at
Motleys Asset Disposition Grp.
Listing Agent Photo

Property MLS #2410295 from CVRMLS

Bedrooms: 2

Total Rooms: 4

Total Bathrooms: 1
Full Bathrooms: 1

Cooling Features: CentralAir
Heating Features: Electric, HeatPump
Heating: Yes

Flooring: Linoleum, Wood

Lot Size Acres: 0.2366
Lot Size Square Feet: 10306

Parking Features: OffStreet

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Oak Grove
High School: Armstrong
Middle School: Boushall

E.S.H. Greene Elementary School is a public elementary school located approximately 0.9 miles away.
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George Wythe High School is a public high school located approximately 1.6 miles away.
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River City Middle is a public middle school located approximately 2.8 miles away.
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Ephesus Sda School is a private elementary and middle school located approximately 1.3 miles away.
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Annual Tax Amount: 1452
Source Listing Status: Pending
County: Richmond City
Tax Year: 2023
Source Property Type: Residential
Area: Cofer
Source Neighborhood: Mcguire Village
Ownership Type: Corporation
Parcel Number: C009-0249-032
Postal City: Richmond
Postal Code Plus 4: 6408
Subdivision: Mcguire Village
Zoning Description: R-4
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$81,000 + $40,000
$121,000
$1,452
2022$67,000 + $40,000
$107,000
$1,284
2021$60,000 + $25,000
$85,000
$1,020
2020$58,000 + $25,000
$83,000
$996
2019$52,000 + $25,000
$77,000
$874
2018$47,000 + $15,000
$62,000
$744
2017$47,000 + $15,000
$62,000
$744
2016$47,000 + $15,000
$62,000
$744
2015$47,000 + $15,000
$62,000
$744
2014$47,000 + $15,000
$62,000
$1,578
2013$48,000 + $15,000
$63,000
$753
2011$58,000 + $17,000
$75,000
$900
2010$58,000 + $17,000
$75,000
$9,000
2009$58,100 + $17,000
$75,100
$901
2009$58,000 + $17,000
$75,000
$901
2008$58,100 + $17,000
$75,100
$901

Price Changed 2024-05-18
$187,000
MyStateMLS
Price Changed 2024-05-17
$187,000
CVRMLS
Listed 2024-04-24
$125,000
MyStateMLS
Listed 2024-04-24
$125,000
CVRMLS
Sold 2021-05-19
$75,000
Public Record
Sold 2004-02-17
$53,000
Public Record
Sold 1989-11-01
$41,300
Public Record
Sold 1987-05-15
$37,500
Public Record

Total Square Feet Living: 725
Year Built: 1948
Building Area Source: Assessor
Construction Materials: Brick, WoodSiding
Levels: One
Living Area Source: Assessor
Property Age: 76
Property Condition: Resale
Roof: Composition, Shingle
Levels or Stories: 1
Building Total Stories: 1
House Style: Ranch
Year Built Details: Actual
Architectural Style: Ranch

Sewer: PublicSewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.