2429 Hanover Ave, Richmond, VA 23220

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2429 Hanover Ave Richmond, VA 23220

4 beds2 baths2,526 sqft

Off Market
Zestimate®: $528,453
Rent Zestimate®: $1,486/mo
 
 
 
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My Notes

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RARE OPPORTUNITY TO OWN BOTH A DUPLEX AND A COMMERCIAL STOREFRONT IN THE FAN! 2429 HANOVER AVENUE (DUPLEX) IS SOLD IN CONJUNCTION WITH 207 N. DAVIS AVENUE (COMMERCIAL STOREFRONT). BOTH UNITS ARE DEEDED AS ONE. DUPLEX HAS TENANTS WHO ARE ON A 60 NOTIFICATION LEASE BUT WOULD LOVE TO STAY. BOTH UNITS OF DUPLEX ARE 2 BEDROOM/1 BATH. BOTH UNITS SHARE THE COURTYARD AND WASHER AND DRYER IN THE BASEMENT. STOREFRONT HAS BEEN FULLY RENOVATED FROM TOP TO BOTTOM (ALL NEW PAINT, CERAMIC TILE FLOOR, HEAT PUMP, HOT WATER HEATER, RUBBER ROOF WITH 12 INCHES OF INSULATION AND BATH). PROPERTY IS ZONED 'COMMERCIAL WITHIN A RESIDENTIAL PROPERTY'. ANY PROPOSED BUSINESS MUST OBTAIN A SPECIAL USE PERMIT FROM THE CITY FOR THE TYPE OF BUSINESS. FIREPLACES AND FLUES SOLD AS-IS.  More Less 

Facts

  • Single Family
  • Built in 1916
  • Cooling: Other
  • Heating: Forced air
  • Last sold: Jan 2009 for $409,500

Features

  • Cable Ready
  • Ceiling Fan
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood, Linoleum / Vinyl
  • Parking: On street
  • Patio
  • Porch
  • Unfinished basement
  • View: City

Appliances Included

  • Dishwasher
  • Dryer
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Breakfast nook
  • Laundry room
  • Pantry

Construction

  • Exterior material: Brick
  • Roof type: Composition
  • Room count: 8
  • # Stories: 2.0
  • Structure type: Colonial
  • Unit count: 2

Other

  • Floor size: 2,526 sqft
  • Heating: Gas
  • Laundry: In Unit
  • Zillow Home ID: 2137796035

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$528,453
-$35,429 Last 30 days
$491K
$560K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,486/mo
+$27 Last 30 days
$936
$2K
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Neighborhood

Market guide

Zillow predicts The Fan home values will increase 4.3% next year, compared to a 1.5% rise for Richmond as a whole. Among The Fan homes, this home is valued 37.5% more than the midpoint (median) home, and is valued 4.5% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the The Fan market, the number of foreclosures waiting to be sold shrank 11.5% in the last year. The number of unsold foreclosures is 13.4% lower than in Richmond, and 88.4% less than the national average. This lower local number could help The Fan home values rise more quickly than other regions in Richmond.

Learn more about forecast calculations or The Fan home values.
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    Nearby Schools in Richmond

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org

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    NMLS #218116

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