NOT LISTED FOR SALE

1717 Bainbridge St Richmond, VA 23224

Swansboro Neighborhood

Estimated Value: $163,000 - $287,000

3 Beds
2 Baths
1,506 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $68,500 $45 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,314/month

156 Days on Market

About This Home

As of January 2015

Great Investment Opportunity! This great two story three bedroom two bathroom home is a great income producing property and is conveniently located near VCU, the GRTC bus line, shopping, schools, jobs, the Richmond city library, all of Richmond's major highways and so much more. The property is already rented to a sec 8 tenant and producing $1045 a month of GUARANTEED RENT and makes over $11,000 a year after insurance and taxes with a 15.3% cap rate!!! This property is a great deal and is priced below assessment for a quick sale. Don't miss your chance to own a cash producing investment property!

Last Agent to Sell the Property

Tyler Rackley

GO Real Estate Inc License #0225105260 Listed on: 07/14/2014

Last Buyer's Agent

Tyler Rackley

GO Real Estate Inc License #0225105260 Listed on: 07/14/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • 1920

Lot Details

  • 2,614

Home Design

  • Metal Roof

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number S0000244015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

1920

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 45.48
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Interior: Dryer Hookup, Washer Hookup
  • Number of Rooms: 7
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Attic: No Attic
  • Number Of Levels: 2.00

Exterior Features

  • Frontage Road: 24
  • Roof: Metal
  • Siding: Vinyl
  • Wall Type: Plaster

Utilities

  • Heating Fuel: Electric
  • Heating: Forced Hot Air, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Schools

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

Lot Info

  • Zoning: R-53 Multi Family
  • Parcel Number: S0000244015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Dec 26, 2014
Sold by
Prasad Ravi
Bought by
Iglesia Del Dios Vio Columna Y
Seller's Agent
Tyler Rackley
GO Real Estate Inc
Buyer's Agent
Tyler Rackley
GO Real Estate Inc
List Price
$80,000
Sold Price
$68,500
Premium/Discount to List
-$11,500
-14.38%
Current Estimated Value
$218,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,558
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
May 24, 2008
Sold by
Lasalle Bank
Bought by
Prasad Ravi

Purchase Details

Closed on
Nov 13, 2006
Sold by
Edmonds Averilla Brooks
Bought by
Dick Meredith P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.24%
Mortgage Type
New Conventional
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
Iglesia Del Dios Vio Columna Y $68,500 --
Prasad Ravi $52,500 --
Dick Meredith P $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dick Meredith P $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $68,500 -14.4% $45 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $80,000 -- $53 / 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 $1,512 $126,000 $35,000 $91,000
2024 $1,464 $122,000 $30,000 $92,000
2023 $1,464 $122,000 $30,000 $92,000
2022 $1,212 $101,000 $20,000 $81,000
2021 $960 $83,000 $10,000 $73,000
2020 $960 $80,000 $10,000 $70,000
2019 $912 $76,000 $10,000 $66,000
2018 $1,148 $71,000 $10,000 $61,000
2017 $768 $64,000 $10,000 $54,000
2016 $732 $61,000 $10,000 $51,000
2015 $720 $61,000 $10,000 $51,000
2014 $720 $60,000 $10,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tyler Rackley

    GO Real Estate Inc

    36 Total Sales

    Tyler Rackley
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Map

Source: Central Virginia Regional MLS

MLS Number: 1419804

Central Virginia Regional MLS

APN: S000-0244-015

Virginia Richmond City County Richmond 23224 Swansboro

1717 Bainbridge St, Richmond, VA

This home is located at 1717 Bainbridge St, Richmond, VA 23224 since 14 July 2014 and is currently estimated at $218,058, approximately $144 per square foot. This property was built in 1920. 1717 Bainbridge St is a home located in Richmond City with nearby schools including Westover Hills 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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