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4508 Grove Ave, Richmond, VA, 23221

3beds
4baths
2,131sqft
$659,000
$309price/sqft
$4,352/moest. monthly cost
$174,080/yrincome needed

About This Home

Welcome to Munford on Grove, Richmond's premier modern townhome community nestled in the heart of the Near West End. Boasting a prime location just minutes away from the vibrant Libbie & Grove shopping district and the eclectic charm of Carytown, this development offers the perfect blend of convenience and contemporary living. Crafted by the renowned 510 Architects and meticulously constructed by Keel Custom Homes, Munford on Grove introduces a sophisticated three-level attached townhome concept. Experience the epitome of contemporary living at Munford on Grove, where meticulous design meets prime location, offering a lifestyle that perfectly balances urban sophistication with the comfort of home. Don't miss the opportunity to make this your new haven in Richmond's thriving real estate landscape. This is the second unti from left facing the units from Grove.

Getting Around

30
WalkingCar-Dependent
31
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

9/10
6/10
4/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Rubber
  • Construction materials: Brick,Drywall,Frame,HardiPlank Type

Type & Style

  • Home type: Townhouse
  • Architectural style: Modern,Row House
  • Property subType: Townhouse,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Electric Cooking,Electric Water Heater,Disposal,Microwave,Oven,Refrigerator,Stove
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Bedroom on Main Level,Dining Area,Double Vanity,Fireplace,Granite Counters,High Ceilings,Kitchen Island,Bath in Primary Bedroom,Recessed Lighting
  • Window features: Thermal Windows
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 2,131

Half Bath

  • Level: Third

Heating & Cooling

  • Heating features: Electric,Heat Pump,Zoned
  • Cooling features: Heat Pump,Zoned

Interior Area

  • Total interior livable area: 2,131 sqft

Other

  • Level: First

Other

  • Level: Second

Property

Details

  • Parcel number: W0190278062
  • Attached to another structure: Yes

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Front Porch,Patio,Porch
  • Exterior features: Sprinkler/Irrigation,Lighting,Porch,Paved Driveway
  • Has view: Yes
  • View description: City
  • Topography of land: Level

Lot

  • Features: Level

Parking

  • Total spaces: 1
  • Parking features: Attached,Driveway,Garage,Heated Garage,Paved,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,332$39,984
Home Insurance *$156$1,872
Property Taxes $659$7,908
Electricity $205$2,463
Total$4,352$52,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$149,211/yr
40% on housing$130,560/yr
45% on housing$116,053/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$309This listing

vs Other Active Listings

Avg $/sqft

ZIP 23221$308
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23221$353
Richmond City$226

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-26Listed for sale$685,000
2026-03-26Pending sale$685,000
2026-03-16Price change$685,000
2025-12-03Price change$695,000
2025-08-21Price change$725,000
2025-04-23Price change$779,000
2025-03-26Listed for sale$819,000
2025-03-23Listing removed$879,000
2024-10-30Listed for sale$879,000
2024-04-19Listing removed$879,000
2024-04-17Listed for sale$879,000

New Construction

AgentMahood Fonville
BrokerageShaheen Ruth Martin & Fonville

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