Seller's Agent in 2023
Justin Sledd
One South Commercial LLC
(804) 307-4060
21 in this area
83 Total Sales
1262 Parkwood Ave Richmond, VA 23220
The Fan NeighborhoodEstimated Value: $369,000 - $433,000
3
Beds
2.5
Baths
1,568
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Rowhouse Architecture
- Central Air
- Heating Available
- Open High School Rated A+
- Wood Siding
- 5-minute walk to Sydney Park
About This Home
As of October 2023Welcome to the heart of Richmond, Virginia, where opportunity meets location in the most lucrative way possible. If you're an investor seeking a strong investment in the world of commercial real estate, look no further than this exceptional single-family portfolio. A meticulously curated portfolio consisting of five single-family homes and one charming duplex, each property in this portfolio has been handpicked for its exceptional qualities and strategic placement within its high-demand neighborhoods. Speaking of location, these properties are situated in several of Richmond's most coveted neighborhoods surrounded by local restaurants, coffee shops, music venues and more. Just steps away from the bustling Virginia Commonwealth University campus, you'll find an unmatched pool of potential tenants. With a prime location like this, your rental demand is virtually guaranteed. VCU students, faculty, and staff are eager to secure homes that offer both proximity to campus and the comfort of a vibrant community. These properties have been impeccably maintained, boasting modern amenities, spacious layouts, and the character that makes each one unique.
Last Agent to Sell the Property
One South Commercial LLC License #0225191850 Listed on: 09/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,200
Year Built
- Built in 1900
Lot Details
- 2,309
Home Design
- Rowhouse Architecture
- Flat Roof Shape
- Wood Siding
Interior Spaces
- 1,568 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Assessor Parcel Number W0000440078
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2023
Closed on
Oct 26, 2023
Sold by
Rali Real Estate Llc
Bought by
Litaker Hania
Seller's Agent
Justin Sledd
One South Commercial LLC
Buyer's Agent
Hania Sanders
United Real Estate Richmond
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Views
707
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,536
Avg. Annual Appreciation
4.52%
Purchase Details
Closed on
May 28, 2019
Sold by
Clachan Properties Llc
Bought by
Rali Real Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,528,800
Interest Rate
4.1%
Mortgage Type
Commercial
Purchase Details
Closed on
May 28, 2002
Sold by
Anderson Robert E
Bought by
1317 West Cary Associated Llc
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
7.01%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Litaker Hania | $365,000 | Fidelity National Title | |
| Rali Real Estate Llc | $1,000 | Fidelity Title | |
| Rali Real Estate Llc | $185,000 | Fidelity Title | |
| 1317 West Cary Associated Llc | $33,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Litaker Hania | $255,500 | |
| Previous Owner | Rali Real Estate Llc | $4,528,800 | |
| Previous Owner | 1317 West Cary Associated Llc | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $365,000 | -8.5% | $233 / Sq Ft |
| 10/12/2023 10/12/23 | Pending | -- | -- | -- |
| 09/15/2023 09/15/23 | For Sale | $399,000 | -- | $254 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $4,704 | $392,000 | $190,000 | $202,000 |
| 2024 | $4,356 | $363,000 | $170,000 | $193,000 |
| 2023 | $4,200 | $350,000 | $170,000 | $180,000 |
| 2022 | $3,384 | $282,000 | $115,000 | $167,000 |
| 2021 | $2,964 | $258,000 | $95,000 | $163,000 |
| 2020 | $2,964 | $247,000 | $90,000 | $157,000 |
| 2019 | $2,796 | $233,000 | $90,000 | $143,000 |
| 2018 | $2,316 | $210,000 | $75,000 | $135,000 |
| 2017 | $2,268 | $189,000 | $55,000 | $134,000 |
| 2016 | $1,512 | $177,000 | $55,000 | $122,000 |
| 2015 | $840 | $175,000 | $55,000 | $120,000 |
| 2014 | $840 | $155,000 | $43,000 | $112,000 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Sledd
-
Tom Rosman
Seller Co-Listing Agent in 2023
Tom Rosman
One South Commercial LLC
(804) 539-3017
13 in this area
76 Total Sales
-
Hania Sanders
Buyer's Agent in 2023
Hania Sanders
United Real Estate Richmond
(919) 888-0654
2 in this area
6 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2322571
APN: W000-0440-078
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 ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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