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3416 Grove Ave

Richmond, VA 23221

2 bd 1 ba 1,040 sqft Built 1959 Lot 17,672 sqft condos
Most recent sale
$254,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $254,000 MLS #2212409
May 10, 2022 Listed $249,000 MLS #2212409
Jul 5, 2016 Sold $165,000 Public Record
Oct 28, 1983 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $207,000 $40,000 $247,000 $2,964
2024 $207,000 $40,000 $247,000 $2,964
2023 $195,000 $40,000 $235,000 $2,820
2022 $162,000 $40,000 $202,000 $2,424
2021 $162,000 $40,000 $202,000 $2,424
2020 $151,000 $40,000 $191,000 $2,292
2019 $145,000 $35,000 $180,000 $2,160
2018 $132,000 $35,000 $167,000 $2,004
2017 $126,000 $35,000 $161,000 $1,932
2016 $126,000 $35,000 $161,000 $1,932
2015 $120,000 $35,000 $155,000 $1,860
2014 $120,000 $35,000 $155,000 $1,860
2013 $90,000 $25,000 $115,000 $1,380
2011 $100,000 $25,000 $125,000 $1,100
2010 $100,000 $25,000 $125,000 $15,000
2008 $144,000 $35,000 $179,000 $2,148

Property facts

Year built
1959
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
1,040 sqft
Lot size
17,672 sqft
ZIP code
23221
City
Richmond
Street
Grove Ave
Coordinates
37.55849, -77.48334

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
7.37%
Implied cap rate
4.79%
Trend-extrapolated value

Frequently asked questions

When did 3416 Grove Ave last sell?
3416 Grove Ave most recently sold on Jun 15, 2022 for $254,000.
What is the current tax assessment for 3416 Grove Ave?
The most recent total assessment for 3416 Grove Ave (year 2025) is $247,000 with $2,964 in property tax.
How does 3416 Grove Ave's assessment compare to its last sale price?
The current assessment is 2.8% below the last sale price of $254,000.
When was 3416 Grove Ave built?
3416 Grove Ave was built in 1959.
How does 3416 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 3416 Grove Ave?
3416 Grove Ave is a 2 bed, 1 bath, 1,040 sqft, 17,672 sqft lot condos.
Is 3416 Grove Ave a flip candidate?
No — 3416 Grove Ave does not appear in our flips dataset.
Is 3416 Grove Ave a tax-appeal candidate?
No — 3416 Grove Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$715.9K
2026 Q4
$719.4K
ZIP 23221 — Median Price History + Forecast

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