1201 Nelson St Richmond, VA 23231
Fulton NeighborhoodEstimated payment $1,208/month
About This Lot
Richmond, Virginia remains one of the strongest mid-Atlantic markets for residential growth, supported by steady population
increases, job expansion, and limited availability of new infill lots, in particular, benefits from strong
infrastructure, proximity to downtown Richmond, and consistent buyer demand for new construction homes.
Infill development opportunities like Nelson Street are increasingly scarce, making this portfolio well-positioned for builders and
investors seeking centrally located residential sites with by-right potential. Sale also include 1220 Nelson Street for a total of 4 by-right and up to 10 homesites with SUP
Property Details
Property Type
- Land
Est. Annual Taxes
- $588
Lot Details
- 0.27 Acre Lot
- North Facing Home
- Additional Land
- Zoning described as R-5
Schools
- Bellevue Elementary School
- Martin Luther King Jr. Middle School
- Armstrong High School
Utilities
- Natural Gas Not Available
- Water Not Available
- Sewer Not Available
- Internet Available
- Cable TV Available
Community Details
- The community has rules related to allowing corporate owners
Listing and Financial Details
- Assessor Parcel Number E000-2303-009
Map
Home Values in the Area
Average Home Value in this Area
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 | $588 | $49,000 | $49,000 | $0 |
| 2024 | $540 | $45,000 | $45,000 | $0 |
| 2023 | $456 | $38,000 | $38,000 | $0 |
| 2022 | $360 | $30,000 | $30,000 | $0 |
| 2020 | $284 | $15,000 | $15,000 | $0 |
| 2019 | $284 | $15,000 | $15,000 | $0 |
| 2018 | $180 | $15,000 | $15,000 | $0 |
| 2017 | $180 | $15,000 | $15,000 | $0 |
| 2016 | $180 | $15,000 | $15,000 | $0 |
| 2015 | $282 | $15,000 | $15,000 | $0 |
| 2014 | $282 | $15,000 | $15,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | For Sale | $224,950 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $38,500 | Old Republic National Title |
Source: Central Virginia Regional MLS
MLS Number: 2600487
APN: E000-2303-009
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.
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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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