It’s the first such departure for Shaheen, Ruth, Martin & Fonville Real Estate since it broke away from Long & Foster in 2017.
Residential Real Estate
The century-old house had fallen into neglect before the sellers bought it for $165,000 in 1995. It sold last month for more than 10 times that amount.
Bristol Development Group says its Artistry at Winterfield and Tapestry West apartments will remain on schedule.
Richmond released the draft plan this week, setting the stage for sales and redevelopment of city-owned properties once part of the failed Navy Hill proposal.
Catina and Robert Jones are considering an expansion of their Rocketts Landing-based Icon Realty Group to South Florida after travel restrictions kept them there for three months.
The deal in Midlothian is the latest for the Glen Allen-based firm, which made the purchase through a recently formed real estate investment trust.
The owners of the 7,400-square-foot mansion originally built for a member of Richmond’s Valentine family paid $877,000 for it in 1998.
Father-and-son developers Mark and Matt Sowers paid $4.5 million for four lots that were part of the 1,300-acre Roseland development envisioned by Mark’s late brother.
Four-story buildings within the 800-acre commercial development would continue the residential infill that started with a 236-unit apartment complex.
The section of attached and detached homes is the final phase of the 256-unit development, part of a larger revitalization of the nearby Creighton Court.