3120 Grove Ave
Richmond, VA 23221
3 bd 3 ba 1,985 sqft Built 1985 Lot 5,437 sqft townhomes
Most recent sale
$590,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 30, 2025 | Listed for rent | $3,200 | RentalBeast |
| May 28, 2025 | Listed for rent | $3,200 | RentecDirect |
| Dec 8, 2022 | Listed for rent | $2,750 | RentecDirect |
| Dec 3, 2022 | Price changed for rent | $2,750 | RentecDirect |
| Oct 20, 2022 | Listed for rent | $2,995 | Zumper |
| May 2, 2022 | Sold | $590,000 | MLS #2207483 |
| Mar 24, 2022 | Listed | $590,000 | MLS #2207483 |
| Aug 31, 2021 | Price changed for rent | $2,950 | Avail |
| Aug 30, 2021 | Listed for rent | $3,200 | Avail |
| Jun 10, 2021 | Sold | $530,000 | MLS #2110688 |
| Oct 25, 2018 | Sold | $367,000 | Public Record |
| Jun 23, 2008 | Sold | $355,000 | Public Record |
| Jul 6, 2004 | Sold | $316,000 | Public Record |
| Jun 2, 1998 | Sold | $185,000 | Public Record |
| Dec 14, 1992 | Sold | $75,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $388,000 | $230,000 | $618,000 | $7,416 |
| 2024 | $366,000 | $225,000 | $591,000 | $7,092 |
| 2023 | $362,000 | $200,000 | $562,000 | $6,744 |
| 2022 | $353,000 | $150,000 | $503,000 | $6,036 |
| 2021 | $352,000 | $120,000 | $472,000 | $5,664 |
| 2020 | $347,000 | $120,000 | $467,000 | $5,604 |
| 2019 | $324,000 | $120,000 | $444,000 | $5,328 |
| 2018 | $282,000 | $120,000 | $402,000 | $4,824 |
| 2017 | $280,000 | $110,000 | $390,000 | $4,680 |
| 2016 | $277,000 | $100,000 | $377,000 | $4,524 |
| 2015 | $261,000 | $100,000 | $361,000 | $4,332 |
| 2014 | $221,000 | $100,000 | $321,000 | $3,852 |
| 2013 | $230,000 | $100,000 | $330,000 | $3,960 |
| 2011 | $240,000 | $100,000 | $340,000 | $4,080 |
| 2010 | $240,000 | $100,000 | $340,000 | $40,800 |
| 2009 | $244,500 | $100,000 | $344,500 | $4,134 |
| 2008 | $313,000 | $94,200 | $407,200 | $4,886 |
Property facts
Year built
1985
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,985 sqft
Lot size
5,437 sqft
ZIP code
23221
City
Richmond
Street
Grove Ave
Coordinates
37.55694, -77.47896
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,978
Gross rental yield
6.06%
Implied cap rate
3.94%
Trend-extrapolated value
—
Frequently asked questions
When did 3120 Grove Ave last sell?
3120 Grove Ave most recently sold on May 2, 2022 for $590,000.
What is the current tax assessment for 3120 Grove Ave?
The most recent total assessment for 3120 Grove Ave (year 2025) is $618,000 with $7,416 in property tax.
How does 3120 Grove Ave's assessment compare to its last sale price?
The current assessment is 4.7% above the last sale price of $590,000.
When was 3120 Grove Ave built?
3120 Grove Ave was built in 1985.
How does 3120 Grove Ave compare to others on Grove Ave?
We track 8 other properties on Grove Ave. Browse the list under "Other properties on Grove Ave" to compare beds, baths, and sale history.
What are the property facts for 3120 Grove Ave?
3120 Grove Ave is a 3 bed, 3 bath, 1,985 sqft, 5,437 sqft lot townhomes.
Is 3120 Grove Ave a flip candidate?
No — 3120 Grove Ave does not appear in our flips dataset.
Is 3120 Grove Ave a tax-appeal candidate?
No — 3120 Grove Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$715.9K
2026 Q4
$719.4K
ZIP 23221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grove Ave