NOT LISTED FOR SALE

1213 Wallace St Richmond, VA 23220

Randolph Neighborhood

Estimated Value: $449,000 - $568,187

2 Beds
1 Bath
726 Sq Ft
$682/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $189,950 $262 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,216/month

1 Day on Market

Highlights

  • Forced Air Heating and Cooling System
  • Privacy Fence
  • 2-minute walk to Thomas Square
  • Open High School Rated A+
  • 1-Story Property

About This Home

As of September 2020

Great investment property not far from VCU. Come check it out

Last Agent to Sell the Property

David Seibert

Real Broker LLC License #0225189389 Listed on: 08/19/2020

Real Broker LLC

Last Buyer's Agent

David Seibert

Real Broker LLC License #0225189389 Listed on: 08/19/2020

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1950

Lot Details

  • 6,625 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Zoning described as R-6

Home Design

  • Composition Roof

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Wallace Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-0436-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,884

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Property Attached Yn: No
  • Lot Size Acres: 0.1521
  • Ownership: Individuals
  • Subdivision Name: Wallace Manor
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 726.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced, Privacy
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0436-012
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1884.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 22, 2020
Sold by
Gao Yilan
Bought by
Ccrii Holdings Llc
Seller's Agent
David Seibert
Real Broker LLC
Buyer's Agent
David Seibert
Real Broker LLC
List Price
$190,000
Sold Price
$189,950
Premium/Discount to List
-$50
-0.03%
Current Estimated Value
$495,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,097
Avg. Annual Appreciation
20.09%
Original Mortgage
$161,400
Outstanding Balance
$145,169
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$325,863

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 18, 2018
Sold by
Habermehl Bruce
Bought by
Gao Yilan
Seller's Agent
Heather Rager
Samson Properties
Buyer's Agent
David Seibert
Real Broker LLC
List Price
$162,000
Sold Price
$167,000
Premium/Discount to List
$5,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$158,650
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Martin Kenneth
Bought by
Habermehl Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2002
Sold by
Deaner Patrick D
Bought by
Martin Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Ccrii Holdings Llc $189,950 Attorney
Gao Yilan $167,000 Attorney
Habermehl Bruce $130,000 --
Martin Kenneth E $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ccrii Holdings Llc $161,400
Previous Owner Gao Yilan $158,650
Previous Owner Habermehl Bruce $104,000
Previous Owner Martin Kenneth E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $189,950 0.0% $262 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $190,000 +13.8% $262 / Sq Ft
05/24/2018 05/24/18 Sold $167,000 +3.1% $226 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $162,000 -- $219 / 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 $6,480 $540,000 $115,000 $425,000
2024 $6,156 $513,000 $105,000 $408,000
2023 $5,856 $488,000 $100,000 $388,000
2022 $960 $80,000 $80,000 $0
2021 $1,884 $170,000 $80,000 $90,000
2020 $1,884 $157,000 $70,000 $87,000
2019 $1,404 $117,000 $50,000 $67,000
2018 $1,116 $93,000 $50,000 $43,000
2017 $1,104 $92,000 $50,000 $42,000
2016 $1,080 $90,000 $50,000 $40,000
2015 $900 $75,000 $45,000 $30,000
2014 $900 $75,000 $45,000 $30,000
Source: Public Records

Agents Affiliated with this Home

  • David Seibert

    Seller's Agent in 2020

    David Seibert

    Real Broker LLC

    (804) 201-7220

    8 in this area

    469 Total Sales

    David Seibert
    Section Image
  • Heather Rager

    Seller's Agent in 2018

    Heather Rager

    Samson Properties

    (804) 840-6761

    64 Total Sales

    Heather Rager
    Section Image

  • A

    Buyer Co-Listing Agent in 2018

    Alex Marshall

    Long & Foster

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2025330

Central Virginia Regional MLS

APN: W000-0436-012

Virginia Richmond City County Richmond 23220 Randolph

1213 Wallace St, Richmond, VA

This home is located at 1213 Wallace St, Richmond, VA 23220 since 19 August 2020 and is currently estimated at $495,047, approximately $681 per square foot. This property was built in 1950. 1213 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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