1502 Wallace St Richmond, VA 23220
Randolph Neighborhood
3
Beds
1.5
Baths
1,392
Sq Ft
3,049
Sq Ft Lot
Highlights
- Colonial Architecture
- Deck
- Granite Countertops
- Open High School Rated A+
- Wood Flooring
- 2-minute walk to Thomas Square
About This Home
As of December 20241502 Wallace Street is ready for you! This beautiful updated brick-front home with it's inviting full front porch is located minutes from VCU, Byrd and Maymont Parks, Hollywood Cemetery, Petronius S. Jones Park, a local swimming pool with adjacent basketball courts, The Fan, various local eateries, and Downtown! Beautifully redone from top to bottom! Freshly painted throughout with a lovely open floor plan. Polished engineered wood flooring, NEW Recessed lighting, plus New lighting fixtures! Updated kitchen offers gleaming, granite counter tops, art deco style cabinets (with rolling trash cabinet, roll out horizontal shelves), appliances (gas stove top with a hood, a sophisticated Bosch oven, disposal, dishwasher, refrigerator), plus an eat-in area with updated overhead fan/light fixture. Three bedrooms on the second floor, NEW carpeting & lighting fixtures. Spacious primary Bedroom has built-in storage in closet. One and a half baths boast NEW marble tile flooring, NEW toilets, NEW sinks, and NEW vanities! The bathtub has a NEW glass sliding door.
There's On-Street parking AND a PAVED CAR PAD located off your private rear deck.
This home qualifies for excellent lender programs, including grants, no PMI, and/or below market rates for approved buyers.
This home is MOVE-IN READY and a MUST SEE!
Last Agent to Sell the Property
BHHS PenFed Realty Brokerage Email: jolewis@lizmoore.com License #0225263944 Listed on: 10/28/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,600
Year Built
- Built in 1988
Lot Details
- Level Lot
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,392 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Dining Area
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Oven
- Gas Cooktop
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Slate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- On-Street Parking
- Assigned Parking
Outdoor Features
- Deck
- Shed
- Front Porch
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- Water Heater
Community Details
- Wallace Manor Subdivision
Listing and Financial Details
- Exclusions: washer and dryer
- Tax Lot 3,049 SqFt
- Assessor Parcel Number 0035.60X0085.83 0000.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Dec 9, 2024
Sold by
Doque Capital Llc
Bought by
Burke Brendan Michael
Seller's Agent
Maya Brewer
BHHS PenFed Realty
Buyer's Agent
April Pillsbury
EXP Realty LLC
List Price
$384,900
Sold Price
$384,900
Views
77
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
$2,744
Avg. Annual Appreciation
0.98%
Original Mortgage
$359,575
Outstanding Balance
$357,358
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$30,286
Purchase Details
Closed on
Jul 11, 2024
Sold by
Sullivan Ann M
Bought by
Dooue Capital Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Closed on
May 31, 2016
Sold by
Sullivan David B and Turner Michael J
Bought by
Sullivan David B and Sullivan Ann M
Purchase Details
Closed on
Apr 16, 2008
Sold by
Thornton Alexis L
Bought by
Sullivan David B and Turner,Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,950
Interest Rate
6.38%
Mortgage Type
New Conventional
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $384,900 | First American Title | |
| Bargain Sale Deed | $384,900 | First American Title | |
| Bargain Sale Deed | $275,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $164,950 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $359,575 | New Conventional | |
| Closed | $359,575 | New Conventional | |
| Previous Owner | $275,000 | Construction | |
| Previous Owner | $131,950 | New Conventional | |
| Previous Owner | $131,950 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $384,900 | 0.0% | $277 / Sq Ft |
| 11/09/2024 11/09/24 | Pending | -- | -- | -- |
| 11/06/2024 11/06/24 | For Sale | $384,900 | -- | $277 / 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 | $3,972 | $331,000 | $115,000 | $216,000 |
| 2024 | $3,600 | $300,000 | $105,000 | $195,000 |
| 2023 | $2,976 | $248,000 | $100,000 | $148,000 |
| 2022 | $2,664 | $222,000 | $80,000 | $142,000 |
| 2021 | $2,328 | $214,000 | $80,000 | $134,000 |
| 2020 | $2,328 | $194,000 | $70,000 | $124,000 |
| 2019 | $2,126 | $173,000 | $45,000 | $128,000 |
| 2018 | $1,944 | $162,000 | $45,000 | $117,000 |
| 2017 | $1,920 | $160,000 | $45,000 | $115,000 |
| 2016 | $1,848 | $154,000 | $45,000 | $109,000 |
| 2015 | $1,764 | $147,000 | $42,000 | $105,000 |
| 2014 | $1,764 | $147,000 | $42,000 | $105,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maya Brewer
Seller's Agent in 2024
Maya Brewer
BHHS PenFed (actual)
(804) 305-6499
1 in this area
9 Total Sales
-
April Pillsbury
Buyer's Agent in 2024
April Pillsbury
EXP Realty LLC
(804) 304-9888
1 in this area
100 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2428319
APN: W000-0606-026
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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