NOT LISTED FOR SALE

1605 Wallace St Richmond, VA 23220

Randolph Neighborhood

Estimated Value: $408,067 - $426,000

3 Beds
2.5 Baths
1,726 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $205,000 $119 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,531/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Thermal Windows
  • Open High School Rated A+
  • Property is near public transit
  • 4-minute walk to Thomas Square

About This Home

As of July 2017

3 BEDROOM BRICK HOME LOCATED IN WALLACE MANOR! 1,712 square feet home with two levels and was built in 1998 and is conveniently located to everything including the bus line! Main floor has open kitchen with pantry, dining room and spacious living room with laminate flooring throughout. Bedroom on first level has closet and half bath. Master Suite has carpet, walk in closet and en-suite. En-Suite has linoleum floors, and tub/shower combination. Two additional bedrooms all are spacious with carpet, closets and ceiling fans. 2nd full bath conveniently located with linoleum floors, and tub/shower combination. Home features small rear deck perfect for entertaining. Utility shed located at the back of property has water tank, and electric panel box.

Last Agent to Sell the Property

Clayton Gits

Real Broker LLC License #0225086086 Listed on: 06/05/2017

Last Buyer's Agent

Melvin Jones

Hometown Realty License #0225223964

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1999

Lot Details

  • 3,916 Sq Ft Lot
  • Zoning described as R-48

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,726 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Tray Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Insulated Doors
  • Dining Area
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Property is near public transit

Schools

  • Clark Springs Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number W000-0652-128

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,304

Year Built

Built in 1999

Lot Details

3,916 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Property Attached Yn: No
  • Lot Size Acres: 0.0899
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted, Vinyl
  • Appliances: Dryer, Exhaust Fan, Electric Cooking, Electric Water Heater, Freezer, Microwave, Oven, Refrigerator, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Interior Amenities: Tray Ceiling(s), Ceiling Fan(s), Dining Area, Laminate Counters, Pantry, Cable TV, Central Vacuum, Programmable Thermostat
  • Living Area: 1726.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Deck, Lighting, Porch
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0652-128
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2304.0
  • Tax Lot: 47

MLS Schools

  • Elementary School: Clark Springs
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jul 21, 2017
Sold by
Hill-Tefera Vivian
Bought by
Garcia Rosio
Seller's Agent
Clayton Gits
Real Broker LLC
Buyer's Agent
Melvin Jones
Hometown Realty
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Current Estimated Value
$416,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,017
Avg. Annual Appreciation
8.51%
Original Mortgage
$164,000
Outstanding Balance
$136,256
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$279,761

Purchase Details

Closed on
Mar 2, 1998
Bought by
Neal John H and Neal Jacqueline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Rosio $205,000 Homeland Title & Escrow
Neal John H $96,000 --
Neal John H $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Rosio $164,000
Previous Owner Neal John H $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $205,000 -4.7% $119 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $215,000 -- $125 / Sq Ft
Source: Central Virginia Regional MLS

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 $4,104 $362,000 $115,000 $247,000
2024 $4,104 $342,000 $105,000 $237,000
2023 $3,708 $309,000 $100,000 $209,000
2022 $3,372 $281,000 $80,000 $201,000
2020 $2,952 $246,000 $70,000 $176,000
2019 $2,544 $212,000 $45,000 $167,000
2018 $2,436 $203,000 $45,000 $158,000
2017 $2,400 $200,000 $45,000 $155,000
2016 $2,304 $192,000 $45,000 $147,000
2015 $2,160 $180,000 $42,000 $138,000
2014 $2,160 $180,000 $42,000 $138,000
Source: Public Records

Agents Affiliated with this Home

  • Clayton Gits

    Seller's Agent in 2017

    Clayton Gits

    Real Broker LLC

    (804) 601-4960

    633 Total Sales

    Clayton Gits
    Section Image
  • Melvin Jones

    Buyer's Agent in 2017

    Melvin Jones

    Hometown Realty

    (804) 921-1695

    8 in this area

    195 Total Sales

    Melvin Jones
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1720796

Central Virginia Regional MLS

APN: W000-0652-128

Virginia Richmond City County Richmond 23220 Randolph

1605 Wallace St, Richmond, VA

Not Listed for Sale

Detached

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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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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