NOT LISTED FOR SALE

2511 E Franklin St Richmond, VA 23223

Shockoe Bottom Neighborhood

Estimated Value: $741,572 - $1,106,000

3 Beds
3.5 Baths
2,643 Sq Ft
$331/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $745,000 $282 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,262/month

21 Days on Market

Highlights

  • Deck
  • Rowhouse Architecture
  • 3 Fireplaces
  • Open High School Rated A+
  • Wood Flooring
  • 4-minute walk to Patrick Henry Park

About This Home

As of February 2024

Located in the heart of St. John’s Historic District and originally constructed in 1880, this newly restored home underwent a year-long transformation that you’re sure to love! The quality craftsmanship and thoughtful approach given to every detail is astounding. Stroll up the brick sidewalk and inside to find 10’+ ceilings on the main floor along w/ two gas fireplaces, hardwood floors, custom trim package, glass doors w/ access to a balcony, and a kitchen boasting double-stacked cabinets w/ glass fronts, in-cabinet lighting, Quartz counters and backsplash and a waterfall island w/ lots of seating. Upstairs you’ll enjoy two custom suites including the primary featuring a coffered ceiling, recessed lighting, spacious WIC, gas fireplace and glass door taking you to another balcony w/ a view of the city that you’ve got to see in person! This gorgeous transformation is completed by an English-style basement/lower level w/ easy access from inside the home or from the street, 9’ ceilings, custom bath and an additional entertaining space w/ wet bar and access to the rear deck and yard. Updates include everything you’d expect: New HVAC, roof, plumbing, electrical - and the list goes on!

Last Agent to Sell the Property

Ernie Chamberlain

Hometown Realty License #0225218837 Listed on: 11/23/2023

Co-Listed By

Matt Jarreau

Hometown Realty License #0225175691

Last Buyer's Agent

David Nicholson

EXP Realty LLC License #0225066458

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,332

Year Built

  • Built in 1880

Lot Details

  • Back Yard Fenced

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Rubber Roof
  • HardiePlank Type

Interior Spaces

  • 2,643 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Dining Area
  • Crawl Space
  • Dryer Hookup

Kitchen

  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number E000-0388-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,332

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1880
  • Property Attached Yn: Yes
  • Co List Office Mls Id: HORI13
  • Co List Office Phone: 804-249-2792
  • Ownership: Corporate
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2643.0
  • Architectural Style: Row House
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Stove, Tankless Water Heater, Wine Cooler
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Dining Area, Fireplace, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2643.0
  • Stories: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Rubber
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, HardiPlank Type
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Balcony, Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Heat Pump, Multi-Fuel, Natural Gas, Zoned
  • Cooling: Electric, Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0388-047
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4332.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2023
Closed on
Jan 19, 2024
Sold by
K C Enterprises Of Va Llc
Bought by
Omeara Braden John and Redding Kathleen Stafford
Seller's Agent
Ernie Chamberlain
Hometown Realty
Buyer's Agent
David Nicholson
EXP Realty LLC
List Price
$749,950
Sold Price
$745,000
Premium/Discount to List
-$4,950
-0.66%
Views
183
Current Estimated Value
$888,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,298
Avg. Annual Appreciation
8.57%
Original Mortgage
$663,000
Outstanding Balance
$649,977
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$223,916

Purchase Details

Closed on
Aug 11, 2023
Sold by
K C Enterprises Of Va Llc
Bought by
Sonamax Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 22, 2021
Closed on
May 19, 2022
Sold by
Pearsall Jr William P
Bought by
Kc Enterprises Of Va Llc
Seller's Agent
Matt Jarreau
Hometown Realty
Buyer's Agent
Ernie Chamberlain
Hometown Realty
List Price
$744,000
Sold Price
$700,000
Premium/Discount to List
-$44,000
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Jun 30, 2021
Sold by
The Will Of Evelyn Phelps Pearsall
Bought by
Pearsall William P and The Will Of Williams P Pearsal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Omeara Braden John $745,000 Fidelity National Title
Sonamax Homes Llc $121,666 Chicago Title
Sonamax Homes Llc $121,666 Chicago Title
Sonamax Homes Llc $166,666 Chicago Title
Kc Enterprises Of Va Llc $700,000 Fidelity National Title
Pearsall William P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omeara Braden John $663,000
Previous Owner Sonamax Homes Llc $371,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2024 02/05/24 Sold $745,000 -0.7% $282 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $749,950 +7.1% $284 / Sq Ft
05/23/2022 05/23/22 Sold $700,000 -5.9% $143 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $744,000 -- $152 / 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 $7,404 $617,000 $222,000 $395,000
2024 $4,332 $361,000 $192,000 $169,000
2023 $3,816 $318,000 $174,000 $144,000
2022 $9,288 $774,000 $270,000 $504,000
2020 $8,772 $731,000 $250,000 $481,000
2019 $7,812 $651,000 $200,000 $451,000
2018 $7,488 $624,000 $200,000 $424,000
2017 $6,600 $550,000 $120,000 $430,000
2016 $6,312 $526,000 $200,000 $326,000
2015 $5,580 $515,000 $200,000 $315,000
2014 $5,580 $465,000 $200,000 $265,000
Source: Public Records

Agents Affiliated with this Home

  • Ernie Chamberlain

    Seller's Agent in 2024

    Ernie Chamberlain

    Hometown Realty

    (804) 921-4307

    4 in this area

    486 Total Sales

    Ernie Chamberlain
    Section Image
  • Matt Jarreau

    Seller Co-Listing Agent in 2024

    Matt Jarreau

    Hometown Realty

    (804) 306-9019

    5 in this area

    777 Total Sales

    Matt Jarreau
    Section Image
  • David Nicholson

    Buyer's Agent in 2024

    David Nicholson

    EXP Realty LLC

    (804) 874-9283

    1 in this area

    84 Total Sales

    David Nicholson
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2328191

Central Virginia Regional MLS

APN: E000-0388-002

Virginia Richmond City County Richmond 23223 Shockoe Bottom

2511 E Franklin 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 ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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