2202 Bailey Dr Richmond, VA 23231
Fulton Neighborhood
3
Beds
2.5
Baths
1,600
Sq Ft
5,480
Sq Ft Lot
Highlights
- New Construction
- Wood Flooring
- Granite Countertops
- Open High School Rated A+
- High Ceiling
- 4-minute walk to Montrose Heights Playground
About This Home
As of July 2025Tucked away in sleepy Montrose Heights around the corner from Blue Atlas and Powhatan Park with Church Hill at your back door and downtown Richmond minutes away this is a great location!! Home boasts 3 bedrooms, 2.5 baths, 1,600 SF of living space, along with 9' ceilings on both floors, engineered hardwoods throughout, picket fenced front yard, and a privacy fenced rear yard with off-street parking! Walk onto the full covered front porch overlooking the tree-lined street and into a larger LR with recessed lights, ceiling fan, and sightline to the rear of the home. Dining area off the kitchen is perfectly sized for a larger table and features overhead lighting and recessed lights. Spacious and bright kitchen with quartz countertops, classic white shaker-style cabinets, SS Appliances, a massive double pantry, and an island with overhang for seating!! Walk out onto the rear deck overlooking the privacy fenced yard with off-street parking! Massive primary suite with vaulted ceilings also features a ceiling fan, recessed lights, a 5x7 WIC, and an en suite with a double bowl vanity, larger walk-in shower with transom for natural light, and tile floors. Nice sized 2nd and 3rd bedroom also feature ceiling fans, engineered hardwoods, and good closet space. Hall bath boasts tile floors, granite counters with a double bowl sink, and tub/shower with niche and tile surround! Enjoy this great block with many new homes and great neighbors!
Last Agent to Sell the Property
Hometown Realty License #0225175691 Listed on: 05/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $720
Year Built
- Built in 2025 | New Construction
Lot Details
- 5,480 Sq Ft Lot
- Lot Dimensions are 40x137
- Privacy Fence
- Fenced
- Landscaped
- Level Lot
- Zoning described as R-5
Home Design
- Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- High Ceiling
- Recessed Lighting
- Crawl Space
- Fire and Smoke Detector
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Induction Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Double Vanity
Parking
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Front Porch
Schools
- Chimborazo Elementary School
- Martin Luther King Jr. Middle School
- Armstrong High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
- Cable TV Available
Community Details
- Montrose Heights Subdivision
Listing and Financial Details
- Tax Lot 414
- Assessor Parcel Number E011-0168-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2025
Closed on
Jun 24, 2025
Sold by
Watchtower Homes And Construction Llc
Bought by
Axe Jordan
Seller's Agent
Matt Jarreau
Hometown Realty
Buyer's Agent
Alex Glaser
Long & Foster REALTORS
List Price
$399,950
Sold Price
$385,000
Premium/Discount to List
-$14,950
-3.74%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$365,750
Outstanding Balance
$365,750
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$299,750
Similar Homes in Richmond, VA
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 |
|---|---|---|---|
| Deed | $385,000 | Old Republic National Title In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $385,000 | -3.7% | $241 / Sq Ft |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $399,950 | +555.7% | $250 / Sq Ft |
| 01/15/2025 01/15/25 | Sold | $61,000 | +205.0% | -- |
| 12/13/2024 12/13/24 | Pending | -- | -- | -- |
| 11/28/2024 11/28/24 | For Sale | $20,000 | -- | -- |
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 | $756 | $63,000 | $63,000 | $0 |
| 2024 | $720 | $60,000 | $60,000 | $0 |
| 2023 | $720 | $60,000 | $60,000 | $0 |
| 2022 | $420 | $35,000 | $35,000 | $0 |
| 2021 | $240 | $25,000 | $25,000 | $0 |
| 2020 | $240 | $20,000 | $20,000 | $0 |
| 2019 | $240 | $20,000 | $20,000 | $0 |
| 2018 | $240 | $20,000 | $20,000 | $0 |
| 2017 | $240 | $20,000 | $20,000 | $0 |
| 2016 | $240 | $20,000 | $20,000 | $0 |
| 2015 | $240 | $20,000 | $20,000 | $0 |
| 2014 | $240 | $20,000 | $20,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Jarreau
Seller's Agent in 2025
Matt Jarreau
Hometown Realty
(804) 306-9019
54 in this area
759 Total Sales
-
Stephanie Williams
Seller's Agent in 2025
Stephanie Williams
Virginia Capital Realty
(804) 387-9690
1 in this area
71 Total Sales
-
Alex Glaser
Buyer's Agent in 2025
Alex Glaser
Long & Foster
(804) 288-8888
2 in this area
201 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2514089
APN: E011-0168-002
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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