Financial adviser, C-suite advisor acquire priciest household marketed in March
4 min readA regional couple’s acquire of a just about century-aged residence alongside Riverside Generate topped Richmond-place home revenue previous month, edging out quite a few million-dollar promotions that integrated a recently built contemporary household in Byrd Park.
Topping the list was 7612 Hill Generate, a 7,500-square-foot residence on a bluff beside the river that marketed March 29 for $2.15 million, underneath its Jan. 19 list value of $2.49 million.
The purchasers are Brian and Stephanie Ford. They have been represented by Paul Wierschem with Keller Williams Midlothian.
Brian Ford is a money adviser with RBC Wealth Administration and for 20 many years contributed to the “Virginia Stock Report” and other economic systems on VPM. Stephanie Ford is a director with administration consulting company Warren Whitney, operating with CEOs and CFOs on small business development.
Town property documents detect the sellers as James and Jan Starnes, who outlined the assets with Ann Kelly with Shaheen, Ruth, Martin & Fonville Authentic Estate.
The pair procured the household in 1998 for just about $1 million, data exhibit. The most up-to-date city evaluation valued the 6.4-acre property at $1.91 million.
With their purchase, the Fords are returning to the south aspect of the river, where they grew up and dated in significant school, Stephanie stated. They’re shifting from their previous dwelling in the West End.
“We both equally grew up in Westover Hills close to the river and have constantly loved that location,” Stephanie claimed in an e mail. “Since our times as significant college sweethearts, we have usually relished our visits jointly to the river.
“We seem ahead to this up coming chapter in our lives making the most of the wildlife, surroundings and energetic life of the James River whilst caring for this historical assets.”
Constructed in 1925 with stone from the aged Southampton Quarry adjacent to the home, the residence overlooks the James River near the Z Dam downstream from the Huguenot Bridge. Totaling 5 bedrooms, 5 bathrooms and two half-baths, the two-amount colonial incorporates a rear addition with a extra up to date design by the late architect and Richmond native Jaqueline Robertson.
The addition has ground-to-ceiling windows improving the river sights, alongside with a screened porch, kitchen and family home with a single of the house’s seven fireplaces. Stephanie stated the addition was constructed in the 1970s when the property was owned by the late S. Buford Scott, head of his family’s namesake Scott & Stringfellow investments brokerage that is now a division of BB&T Securities.
The home has a ground-degree bedroom with en suite toilet, and the property features a 40-by-20-foot pool with pool household, blue stone terrace, two-car garage and unique barn.
The home also contains a around 50 %-acre parcel throughout Riverside Drive with river frontage. It does not involve the adjacent quarry house, a 3.5-acre parcel that continues to be below James Starnes’s possession.
The property is the hottest on that stretch of Riverside to sell higher than the $2 million mark.
Across the quarry from the dwelling, a 5,400-square-foot property beforehand owned by John and Margaret Gottwald bought in 2017 for $2.05 million. Farther upriver, Mark and Victoria Sauer sold their 6,500-sq.-foot Butte Road house for $2.1 million previous yr.
Coming in as the 2nd-priciest household sale in March was 3905 Sulgrave Road in Windsor Farms. The 5,800-sq.-foot Dutch Colonial offered March 26 for $1.77 million, previously mentioned its Feb. 8 checklist price of $1.66 million. Long & Foster’s Margaret Wade had the listing, and SRMF’s Rebecca Winters represented the prospective buyers.
The month’s No. 3 sale was 810 Westover Street, a modern-layout residence overlooking Byrd Park that offered March 3 for $1.74 million. The newly created property was at first stated two decades in the past at just below $2 million and most not too long ago was priced at $1.79 million.
Jeannette Mock with The Steele Group | Sotheby’s Global Realty experienced that listing, and SRMF’s Becky McNeer represented the purchasers.
Rounding out the month’s best five gross sales had been, according to the Central Virginia Regional Various Listing Company:
- 2001 Monument Ave., Richmond – $1.72 million. Listing agent: Michelle Ferguson, Virginia Houses Extended & Foster buyer’s agent: Maria Brent, Steele Team.
- 853 Elmslie Lane, Kinloch, Goochland – $1.65 million. Listing agents: Sue Farrell, Joyner Fantastic Properties, and Lucy Williams, Steele Group buyer’s agent: Philip Innes, Re/Max Commonwealth.