NOT LISTED FOR SALE

1228 Hull St Richmond, VA 23224

Blackwell Neighborhood

Estimated Value: $381,000 - $633,708

-- Bed
-- Bath
3,645 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $346,500 $95 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,076/month

23 Days on Market

Highlights

  • 1-Story Property
  • Open High School Rated A+
  • 5-minute walk to Alice Fitz Playground

About This Home

As of February 2020

ONLINE & LIVE BIDDING DECEMBER 17 11:00 am ET at The Westin Richmond. Property previews TBD. List price BPO. Zoned B-5 - commercial & multi-family but, currently not utilized as multi-family. This property is one of 10 commercial, residential & redevelopment offerings to be sold individually from the Hild Manchester Real Estate Portfolio. The sale of the properties included in this sale has received all required approvals, including any approvals required pursuant to the Restraining Order issued by the United States District Court for the Southern District of New York on August 28, 2019 in United States v. Hild, Case No. 1:19-cr-00602. This highly desirable 4,000+/- SF redevelopment opportunity, freestanding building was formerly the Lighthouse Diner building in the heart of Manchester retail district. It is located in opportunity zone and is historic tax credit eligible. Build up to 5 stories, renovations underway. Fully permitted construction drawings convey with purchase. Plans call for a 1 story mixed use Historic Tax Credit renovation and new construction of 2 apartment units at rear for a total of 5 apartments.

Last Agent to Sell the Property

Linda Terry

Tranzon Key Auctions License #0225037588 Listed on: 11/25/2019

Last Buyer's Agent

Jon Beckner

HighGate Homes License #0225198423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 1920

Lot Details

  • 5,624 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3,645 Sq Ft Home
  • 1-Story Property

Schools

  • Blackwell Elementary School
  • Thompson Middle School
  • Armstrong High School

Listing and Financial Details

  • Assessor Parcel Number S000-0084-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,668

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Lot Size Acres: 0.1291
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Other, Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Living Area: 3645.0
  • Stories: 1

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Construction Type: Brick, Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Parcel Number: S000-0084-001
  • Zoning Description: 39
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2668.0

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: Blackwell
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Jan 17, 2020
Sold by
Gardenia Llc
Bought by
Hull Street Properties Llc
Seller's Agent
Linda Terry
Tranzon Key Auctions
Buyer's Agent
Jon Beckner
HighGate Homes
List Price
$400,000
Sold Price
$346,500
Premium/Discount to List
-$53,500
-13.38%
Current Estimated Value
$512,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,987
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Sep 28, 2018
Sold by
Brookland 15 Associates Llc
Bought by
Gardenia Llc

Purchase Details

Closed on
Aug 15, 2016
Sold by
Robinson Thomas J
Bought by
Brookland 15 Associates Llc A Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2004
Sold by
Keck Andrew G
Bought by
Lighthouse Diner L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.81%
Mortgage Type
Commercial
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
Hull Street Properties Llc $346,500 None Available
Gardenia Llc $285,000 Titleworks Of Virginia Inc
Brookland 15 Associates Llc A Virginia L $200,000 Stewart Title Guaranty Co
Lighthouse Diner L L C $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brookland 15 Associates Llc A Virginia L $175,000
Previous Owner Lighthouse Diner L L C $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $346,500 -13.4% $95 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $400,000 -- $110 / 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 $3,240 $270,000 $270,000 $0
2024 $2,976 $248,000 $248,000 $0
2023 $2,700 $225,000 $225,000 $0
2022 $2,700 $225,000 $225,000 $0
2021 $3,244 $135,000 $135,000 $0
2020 $1,796 $266,000 $135,000 $131,000
2019 $2,668 $218,000 $90,000 $128,000
2018 $2,332 $190,000 $62,000 $128,000
2017 $2,332 $190,000 $62,000 $128,000
2016 $1,324 $113,000 $62,000 $51,000
2015 $1,969 $113,000 $62,000 $51,000
2014 $1,969 $113,000 $62,000 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Linda Terry

    Seller's Agent in 2020

    Linda Terry

    Tranzon Key Auctions

    (866) 872-6966

    136 Total Sales

    Section Image
  • Jon Beckner

    Buyer's Agent in 2020

    Jon Beckner

    HighGate Homes

    (252) 202-4854

    2 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1937546

Central Virginia Regional MLS

APN: S000-0084-001

Virginia Richmond City County Richmond 23224 Blackwell

1228 Hull St, Richmond, VA

This home is located at 1228 Hull St, Richmond, VA 23224 since 25 November 2019 and is currently estimated at $507,354, approximately $139 per square foot. This property was built in 1920. 1228 Hull St is a home located in Richmond City with nearby schools including Blackwell Elementary School, Open High School, and Armstrong 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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