$85,000
SOLD AUG 3, 2015

2400 E Franklin St Richmond, VA 23223

Church Hill Neighborhood
0.4 Acre
$213,407 Price per Acre
17,350 Sq Ft Lot

Recently Sold

42% Above List Price

1 Day on Market

Highlights

  • City View
  • 0.4 Acre Lot
  • 4-minute walk to Patrick Henry Park
  • Open High School Rated A+
  • No HOA

About This Lot

As of August 2015

Assessed at $180,000. Priced to sell quickly at $60,000. Commands a great view of downtown Richmond skyline. Would be ideal for a DWELL type construction of single family or multifamily unit... subject to City approval and local residents. Located on desirable East Franklin Street between 24th and 25th Streets convenient to shopping and restaurants.

Last Agent to Sell the Property

Lawrence Terry

Let Properties License #0225092602 Listed on: 06/22/2015

Last Buyer's Agent

Alan King

Larry King Realty License #0225175902

Property Details

Property Type

  • Land

Lot Details

  • 0.4 Acre Lot
  • Zoning described as M-1 Light Industrial

Property Views

  • City Views

Schools

  • Bellevue Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number E0000340013

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.3983
  • Lot Size: 80.45x160.00IRG
  • Road Surface Type: Paved
  • Ownership: Partnership
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Industrial, Multi-Family, Single Family
  • Basement YN: No

Exterior Features

  • Lot Features: Buildable
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Disclosure on File

Utilities

  • Sewer: None
  • Water Source: None
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E0000340013
  • Wooded Area: 0.3
  • Zoning Description: M-1 Light Industrial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2160.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jul 31, 2015
Sold by
2400 East Franklin Llc
Bought by
Kapella David W
Seller's Agent
Lawrence Terry
Let Properties
Buyer's Agent
Alan King
Larry King Realty
List Price
$60,000
Sold Price
$85,000
Premium/Discount to List
$25,000
41.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $299,950 +252.9% --
08/03/2015 08/03/15 Sold $85,000 +41.7% --
06/23/2015 06/23/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $60,000 -- --
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 $2,976 $248,000 $248,000 $0
2024 $2,796 $233,000 $233,000 $0
2023 $2,700 $225,000 $225,000 $0
2022 $1,896 $158,000 $158,000 $0
2021 $1,800 $150,000 $150,000 $0
2020 $900 $150,000 $150,000 $0
2019 $1,793 $95,000 $95,000 $0
2018 $1,140 $95,000 $95,000 $0
2017 $1,140 $95,000 $95,000 $0
2016 $2,160 $180,000 $180,000 $0
2015 $1,077 $180,000 $180,000 $0
2014 $1,077 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Alan King

    Larry King Realty

  • L

    Seller's Agent in 2015

    Lawrence Terry

    Let Properties

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1518036

Central Virginia Regional MLS

APN: E000-0340-013

Virginia Richmond City County Richmond 23223 Church Hill

2400 E Franklin St, Richmond, VA

This home is located at 2400 E Franklin St, Richmond, VA 23223 and is currently priced at $85,000. 2400 E Franklin St is a home located in Richmond City with nearby schools including Bellevue Elementary School, Martin Luther King Jr. Middle 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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