NOT LISTED FOR SALE
-- Bed
-- Bath
2,734 Sq Ft
3,690 Sq Ft Lot

Last Sold March 06, 2023

Last sale price $585,000 $214 Per Sq Ft

2 Days on Market

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • Open High School Rated A+
  • Side Porch
  • 4-minute walk to Chimborazo Playground

About This Home

As of March 2023

**FRIDAY OPEN HOUSE CANCELED.** HIGH INCOME PRODUCING PROPERTY in Richmond's Church Hill neighborhood! This property has been renovated. Built as a duplex, **THIS PROPERTY HAS A SEPARATE STOREFRONT STUDIO AIRBNB SPACE THAT RENTS FOR AN AVERAGE OF $1850/MONTH**. Total rent for the AirBnb in 2022 was $22,250 IN ADDITION to the rents listed for Unit 1 and Unit 2. With the AirBnb in place, Unit 1 consists of 2 bedrooms & 2 full baths, has been renovated & rents for $1600 per month (owner pays utilities for this unit since metered same as AirBnb), entrance is on 29th (square feet just shy of 1200 if deducting Airbnb separate studio). Unit 2 has 2 bedrooms, 2 full baths, fab front porch & Clay St entrance (owner pays water/sewer/trash only). All appliances convey. Large backyard for tenant use. Walk to Alewife, The Hill Cafe, bakeries, upcoming Trapezium Brewery & just steps from Libby Hill Park, St. John's Church & more. Spend a day riding the Capital Trail, RVA Bike Share Station is close by. Church Hill is a has many nationally recognized eateries & more.

Last Agent to Sell the Property

Tiffany Stevens

Real Broker LLC Brokerage Phone: 804-467-8433 License #0225085271 Listed on: 02/05/2023

Real Broker LLC

Last Buyer's Agent

Carrie Proost

Resource Realty Services License #0225189370

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,080

Year Built

  • Built in 1890

Lot Details

  • 3,690 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,734 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Outdoor Features

  • Side Porch

Schools

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

Community Details

  • 2 Units
  • Brookland Terrace Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number E000-0574-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,080

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Attribution Contact: 804-467-8433
  • Lot Size Acres: 0.0847
  • Ownership: Individuals
  • Subdivision Name: Brookland Terrace
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Approximate
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Interior Amenities: Eat-in Kitchen, Bath in Primary Bedroom
  • Living Area: 2734.0
  • Stories: 2

Exterior Features

  • Roof: Flat, Metal
  • Fencing: None
  • Lot Features: Corner Lot
  • Waterfront: No
  • Construction Type: Brick
  • Patio And Porch Features: Side Porch

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0574-024
  • Zoning Description: R-63
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4080.0
  • Tax Lot: 10

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2023 03/06/23 Sold $585,000 +1.7% $214 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $575,000 +49.4% $210 / Sq Ft
08/30/2019 08/30/19 Sold $385,000 0.0% $141 / Sq Ft View Prior Sale
07/27/2019 07/27/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $385,000 -- $141 / 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 $5,748 $500,000 $105,000 $395,000
2024 $5,748 $479,000 $100,000 $379,000
2023 $4,644 $387,000 $100,000 $287,000
2022 $4,080 $340,000 $75,000 $265,000
2020 $3,084 $306,000 $60,000 $246,000
2019 $2,700 $281,000 $60,000 $221,000
2018 $2,028 $232,000 $60,000 $172,000
2017 $2,376 $198,000 $45,000 $153,000
2016 $1,392 $193,000 $40,000 $153,000
2015 $1,248 $189,000 $40,000 $149,000
2014 $1,248 $188,000 $40,000 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2302813

Central Virginia Regional MLS

APN: E-000-0574-024