NOT LISTED FOR SALE

1200 Wallace St Richmond, VA 23220

Randolph Neighborhood

Estimated Value: $269,000 - $336,000

2 Beds
1.5 Baths
1,007 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $213,500 $212 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,947/month

9 Days on Market

Highlights

  • Fitness Center
  • Concrete Pool
  • Deck
  • Open High School Rated A+
  • Clubhouse
  • 3-minute walk to Thomas Square

About This Home

As of August 2020

Great Spot in Randolph Community~Walking distance to VCU, Hollywood Cemetery, Restaurants, Entertainment~ 1920 Solid Brick Duplex. Very Well Maintained Home Totally Renovated in 2007 and Rented ever since. Investment or Nice spot to live. Off Street Parking~Fenced in Backyard with Deck & Fire Pitt~ Covered Concrete Front Porch~ Roof Redone 2018~All Appliances convey~ Nice ceiling Fans in Every room W/lights~Hardwood Floor on Stairs and on 2nd level refinished~1st Floor Hardwood covered with heavy Plywood and Painted to Protected~

Last Agent to Sell the Property

Susan Koechlein

Best Realty License #0225055510 Listed on: 05/30/2020

Last Buyer's Agent

Kimberly Mays

Long & Foster REALTORS License #0225231891

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1920

Lot Details

  • 1,764 Sq Ft Lot
  • Privacy Fence
  • Chain Link Fence
  • Back Yard Fenced

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,007 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Awning
  • Separate Formal Living Room
  • Dining Area
  • Wood Flooring
  • Basement
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Concrete Pool
  • Deck
  • Front Porch

Location

  • Property is near public transit

Schools

  • Lois-Harrison Jones Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-0437-041

Community Details

Overview

  • Property has a Home Owners Association
  • Randolph West Subdivision

Recreation

  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,440

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1920
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0405
  • Ownership: Individuals
  • Subdivision Name: Randolph West
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Exhaust Fan, Electric Cooking, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Smooth Cooktop, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, High Ceilings
  • Living Area: 1007.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Flat, Rubber
  • Fencing: Back Yard, Chain Link, Fenced, Privacy
  • Pool Features: Concrete, Pool, Community
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent
  • Construction Type: Brick, Drywall
  • Exterior Features: Awning(s), Deck, Porch
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Clubhouse, Fitness, Home Owners Association, Playground, Park, Pool, Public Transportation

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0437-041
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1440.0

MLS Schools

  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Jul 23, 2020
Sold by
Koechlein Richard F and Koechlein Susan M
Bought by
Howard Michele and Howard Joshua
Seller's Agent
Susan Koechlein
Best Realty
Buyer's Agent
Kimberly Mays
Long & Foster REALTORS
List Price
$217,500
Sold Price
$213,500
Premium/Discount to List
-$4,000
-1.84%
Current Estimated Value
$309,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,137
Avg. Annual Appreciation
7.22%
Original Mortgage
$202,825
Outstanding Balance
$182,239
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$120,769

Purchase Details

Closed on
Sep 7, 2007
Sold by
Robinson Charles A
Bought by
Koechlein Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Howard Michele $213,500 Attorney
Koechlein Richard F $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Michele $202,825
Previous Owner Koechlein Richard F $106,300
Previous Owner Koechlein Richard F $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $213,500 -1.8% $212 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $217,500 -- $216 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,024 $252,000 $100,000 $152,000
2024 $2,832 $236,000 $90,000 $146,000
2023 $2,556 $213,000 $60,000 $153,000
2022 $2,400 $200,000 $60,000 $140,000
2021 $1,788 $191,000 $60,000 $131,000
2020 $1,788 $149,000 $55,000 $94,000
2019 $1,440 $120,000 $42,000 $78,000
2018 $1,344 $112,000 $42,000 $70,000
2017 $1,308 $109,000 $42,000 $67,000
2016 $1,272 $106,000 $42,000 $64,000
2015 $1,272 $106,000 $40,000 $66,000
2014 $1,272 $106,000 $40,000 $66,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Susan Koechlein

    Best Realty

    (804) 350-9016

    14 Total Sales

    Section Image

  • K

    Buyer's Agent in 2020

    Kimberly Mays

    Long & Foster REALTORS

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2016086

Central Virginia Regional MLS

APN: W000-0437-041

Virginia Richmond City County Richmond 23220 Randolph

1200 Wallace St, Richmond, VA

This home is located at 1200 Wallace St, Richmond, VA 23220 since 30 May 2020 and is currently estimated at $309,637, approximately $307 per square foot. This property was built in 1920. 1200 Wallace St is a home located in Richmond City with nearby schools including Dogwood Middle School, Open High School, and Thomas Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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