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Former Circuit City exec’s home sells in a day

Brandy Brubaker July 10, 2014 3
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A Rivergate home sold in early June for $1.89 million, the highest-priced sale last month.

Sometimes it takes months – or even years – to sell $1 million-plus mansions.

Sometimes it takes one day.

For his 8,000-square-foot listing in Goochland, Re/Max Commonwealth agent Jim Brooks found a buyer and a full-price offer on the first day the property was on the market.

The home — at 455 Rivergate Drive in the gated Rivergate neighborhood — sold June 2 for $1.89 million. It was the highest-priced residential sale in the Richmond market last month, according to the Central Virginia Regional Multiple Listing Service (CVRMLS).

455 Rivergate Drive stairs

The home formerly belonged to William and Marlene Rivas.

“I’d love to say ‘Oh, I sell all my houses on the first day,’ but if I did, I’d probably be underpricing it,” Brooks said. “If you get lucky, having priced it right and making it perfect, it will sell sooner rather than later, but seldom do I get my sellers to make it perfect. And then it might take six months.”

The seller of the 4-acre property was Marlene Rivas, widow of long-time Circuit City executive William Rivas.

Brooks would not identify the buyer, citing a confidentiality agreement, and county records do not yet reflect the change in ownership. The buyer’s agent, Long & Foster Realtor Bob Collins, declined to comment.

Brooks and his wife, Town & Country Sales and Management agent Fran Brooks, represented the seller.

Rivas wanted to downsize from the mansion she and her husband had custom built in 2004, Brooks said. The four-bedroom, 5 ½- bathroom home has high vaulted ceilings and his-and-her bathrooms and closets. Its home office contains $40,000 worth of walnut, Brooks said.

“There’s not one thing you’d say, ‘Well, I wish they’d done this,’” Brooks said. “They thought of everything.”

Richmond’s high-end home market was without a $1 million-plus sale in May, but rebounded in June with 10 sales of $1 million or more, according to a CVRMLS list provided by Re/Max Commonwealth Realtors George Cumming and Mike Lester.

Cumming closed a sale for $1.45 million in June.$1 million plus homes June

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3 Comments »

  1. Kyle McKenna July 11, 2014 at 6:06 am - Reply

    What a hideous, pretentious monstrosity! Yep—that’s what sells!

  2. Jim Moncrieff July 11, 2014 at 9:31 am - Reply

    A double McMansion with Cheese!

  3. Josh McCullar July 11, 2014 at 10:34 am - Reply

    that house is an amalgamation of schizophrenia. no architecture whatsoever

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