NOT LISTED FOR SALE

1501 Georgia Ave Richmond, VA 23220

Maymont Neighborhood

Estimated Value: $311,000 - $377,000

3 Beds
1 Bath
1,106 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 25, 2013

Last sale price $169,000 $153 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,214/month

988 Days on Market

Highlights

  • Wood Flooring
  • Open High School Rated A+
  • Central Air

About This Home

As of April 2013

BRAND NEW heating and a/c system just added!! Location/Renovation/New Roof/New Windows/Detached Garage/Corner Lot! What more could you ask for? It's a dream come true for 1st time homebuyers, a family needing more space, students attending VCU. Near Byrd Park & convenient to downtown & all the major expressways. New roof recently installed along with fresh paint on siding. Hardwood floors thruout with exception of the Kitchen-ceramic tile. You'll love the new Kitchen that has all amenities you've come to expect with tons of cabinet space. Large picture window in family room gives an excellent view of the outdoor scenery. Adjoining bedrooms have a new bathroom to share with a tub/shower with tile surround and cabinet. Don't miss this one because it's worth every bit of it & more.

Last Agent to Sell the Property

SYLVESTER M WRIGHT

BHHS PenFed Realty License #0225082692 Listed on: 07/19/2010

BHHS PenFed Realty

Last Buyer's Agent

Dave Worrie

RE/MAX Commonwealth License #0225141295

RE/MAX Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,672

Year Built

  • 1942

Lot Details

  • 5,227

Home Design

  • Shingle Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W0000789009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,672

Year Built

1942

Lot Details

0

Listing Details

  • Structure: Block
  • Price Per Finished Sq Ft: 152.80
  • Finished Sq Ft: 1106
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Appliances Equipment: Dishwasher, Gas Cooking, Microwave, Oven
  • Flooring: Tile-Ceramic, Wood
  • Interior: 1st Floor Bedroom, 1st Floor Master Bedroom, Dining Area, Dryer Hookup, Eat-In-Kitchen, Formal Dining Room, Washer Hookup
  • Number of Rooms: 7
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Finished, Walk-Up
  • Number Of Levels: 1.00

Exterior Features

  • Frontage Road: 40
  • Fence: Rear Only
  • Porch: Front, Rear
  • Roof: Shingled
  • Siding: Aluminum
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: Detached
  • Number Of Cars: 1
  • Parking: Off Street, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Heat Pump
  • Cooling: Heat Pump, Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Maymont
  • Middle School: Binford
  • High School: Thomas Jefferson

Lot Info

  • Zoning: R-5 Single Family
  • Lot Description: Corner, Cul-De-Sac, Irregular
  • Parcel Number: W0000789009

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2010
Closed on
Apr 22, 2013
Sold by
Mitchell Benjamin G
Bought by
Cooley Bernard
Seller's Agent
SYLVESTER M WRIGHT
BHHS PenFed Realty
Buyer's Agent
Dave Worrie
RE/MAX Commonwealth
List Price
$179,000
Sold Price
$169,000
Premium/Discount to List
-$10,000
-5.59%
Current Estimated Value
$348,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,440
Avg. Annual Appreciation
6.29%
Original Mortgage
$165,938
Outstanding Balance
$120,403
Interest Rate
3.64%
Mortgage Type
FHA
Estimated Equity
$237,673
Source: Public Records

Range of Values:

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Average Value
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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
Cooley Bernard $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooley Bernard $165,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2013 04/25/13 Sold $169,000 -5.6% $153 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
07/19/2010 07/19/10 For Sale $179,000 -- $162 / 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 $3,672 $306,000 $115,000 $191,000
2024 $3,396 $283,000 $100,000 $183,000
2023 $3,336 $278,000 $95,000 $183,000
2022 $2,820 $235,000 $85,000 $150,000
2021 $2,352 $213,000 $70,000 $143,000
2020 $2,352 $196,000 $50,000 $146,000
2019 $2,280 $190,000 $45,000 $145,000
2018 $2,064 $172,000 $35,000 $137,000
2017 $2,016 $168,000 $32,000 $136,000
2016 $1,944 $162,000 $32,000 $130,000
2015 $1,896 $162,000 $32,000 $130,000
2014 $1,896 $158,000 $32,000 $126,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    SYLVESTER M WRIGHT

    BHHS PenFed (actual)

    29 Total Sales

    Section Image
  • Dave Worrie

    Buyer's Agent in 2013

    Dave Worrie

    RE/MAX

    (804) 307-1494

    6 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1023242

Central Virginia Regional MLS

APN: W000-0789-009

Virginia Richmond City County Richmond 23220 Maymont

1501 Georgia Ave, Richmond, VA

This home is located at 1501 Georgia Ave, Richmond, VA 23220 since 19 July 2010 and is currently estimated at $354,218, approximately $320 per square foot. This property was built in 1942. 1501 Georgia Ave is a home located in Richmond City with nearby schools including Lois-Harrison Jones Elementary School, Albert Hill Middle, and Open 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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