$210,000

Estimated payment $1,240/month

Total Views 1,469
3 Beds
1 Bath
1,058 Sq Ft
$198 Price per Sq Ft

Highlights

  • Wood Flooring
  • Low Threshold Shower
  • Central Air
  • Accessible Approach with Ramp
  • Accessibility Features
  • Heating Available

About This Home

Welcome to 1806 Binford Lane – a prime opportunity in a sought-after Richmond location. This property offers excellent potential for investors looking to expand their portfolio with a value-add opportunity. The home sits on a spacious lot in an established neighborhood, surrounded by strong rental demand and rising property values. Features include a functional layout with 3 bedrooms and 1 bath, original hardwood floors and ample natural light throughout. The property has strong rental potential with comparable homes in the area generating attractive returns. With its close proximity to downtown Richmond, VCU/MCV, shopping, dining, and major highways, this home is ideally positioned for both long-term tenants and short-term rental opportunities. Whether you’re looking for a profitable flip, a buy-and-hold rental, or your next renovation project, 1806 Binford Lane is ready to deliver. Don’t miss your chance to invest in one of Richmond’s thriving neighborhoods. This home is sold AS IS WHERE IS. Please verify schools.

Listing Agent

Oscarina Pollard

US Realty One Inc License #0225084477 Listed on: 08/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1949

Lot Details

  • 9,100 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R4

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,058 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Cooktop

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Unpaved Parking

Accessible Home Design

  • Low Threshold Shower
  • Grab Bars
  • Accessibility Features
  • Accessible Approach with Ramp

Outdoor Features

  • Stoop

Schools

  • Ratcliffe Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Utilities

  • Central Air
  • Heating Available
  • Water Heater

Community Details

  • Oak Hill Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 801-730-2112

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,495

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Property Attached Yn: No
  • Lot Size Acres: 0.2089
  • Ownership: Individuals
  • Subdivision Name: Oak Hill
  • Above Grade Finished Sq Ft: 1058.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Electric Cooking, Electric Water Heater, Washer
  • Accessibility Features: Accessibility Features, Grab Bars, Low Threshold Shower, Accessible Approach with Ramp
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1058.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, No Garage, Unpaved

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 801-730-2112
  • Zoning Description: R4

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1494.84
  • Tax Lot: 11

MLS Schools

  • Elementary School: Ratcliffe
  • High School: Henrico

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,495 $171,600 $28,000 $143,600
2024 $1,495 $145,500 $28,000 $117,500
2023 $1,237 $145,500 $28,000 $117,500
2022 $919 $113,400 $26,000 $87,400
2021 $903 $97,000 $22,000 $75,000
2020 $844 $97,000 $22,000 $75,000
2019 $803 $92,300 $22,000 $70,300
2018 $764 $87,800 $22,000 $65,800
2017 $747 $85,900 $22,000 $63,900
2016 $731 $84,000 $22,000 $62,000
2015 $664 $84,000 $22,000 $62,000
2014 $664 $84,000 $22,000 $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 For Sale $210,000 -- $198 / Sq Ft
Source: Central Virginia Regional MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Source: Public Records

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Source: Central Virginia Regional MLS

MLS Number: 2523022

Central Virginia Regional MLS

APN: 801-730-2112