NOT LISTED FOR SALE

402 Bancroft Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $194,000 - $238,000

2 Beds
1 Bath
768 Sq Ft
$275/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $93,500 $122 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,267/month

84 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Cooling Available
  • Open High School Rated A+
  • Eat-In Kitchen
  • Shed

About This Home

As of March 2018

Great solid built all Brick Ranch home. Perfect home for first time home buyer or investor looking for great rental. Previous tenants were paying 850 a month. Home features Living Room with beautiful hardwood flooring, updated kitchen with gas stove for cooking. Stove was updated 2 years ago side by side refrigerator. Granite counter tops and Granite Breakfast bar. Utility room with washer and dryer that will convey with cabinets and rear entry to back yard. Dryer was just recently updated. Two bedrooms both with hardwood flooring. Full bath tub/shower with glass door tub enclosure. Most windows have been updated to vinyl. Pull Down attic with lots of storage space. Heat Pump for heating and cooling. Exterior Features level lot with large fenced rear yard all brick exterior. Custom built detached storage shed on concrete foundation.

Last Agent to Sell the Property

Grey Michael

RE/MAX Commonwealth License #0225130949 Listed on: 11/25/2017

RE/MAX Commonwealth

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1951

Lot Details

  • 7,810 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R-5

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Plaster

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Track Lighting
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Shed

Schools

  • Frances W. Mcclenney Elementary School
  • Henderson Middle School
  • Marshall High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Alvista Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number N000-1258-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$876

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Property Attached Yn: No
  • Lot Size Acres: 0.1793
  • Ownership: Individuals
  • Subdivision Name: Alvista Heights
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Gas Cooking, Gas Water Heater, Range, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Track Lighting, Cable TV
  • Living Area: 768.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Chain Link, Fenced
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Plaster
  • Exterior Features: Storage, Shed
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-1258-047
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 876.0

MLS Schools

  • Elementary School: Frances W. McClenney
  • High School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Copeland Steven R
Bought by
Defibaugh Timothy J
Current Estimated Value
$210,997

Purchase Details

Listed on
Nov 25, 2017
Closed on
Mar 12, 2018
Sold by
Bancroft Allen J and Bancroft Naaznyn
Bought by
Martin Kylie A
Seller's Agent
Grey Michael
RE/MAX Commonwealth
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$96,500
Sold Price
$93,500
Premium/Discount to List
-$3,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$91,805
Interest Rate
4.38%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 17, 2015
Sold by
Schmoldt Eric
Bought by
Bancroft Allen J
Seller's Agent
Sean Craft
Long & Foster REALTORS
Buyer's Agent
Grey Michael
RE/MAX Commonwealth
List Price
$88,000
Sold Price
$77,000
Premium/Discount to List
-$11,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$62,000
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Defibaugh Timothy J -- None Listed On Document
Martin Kylie A $93,500 Hlz Title & Escrow Llc
Bancroft Allen J $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Kylie A $91,805
Previous Owner Bancroft Allen J $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2018 03/28/18 Sold $93,500 -3.1% $122 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
11/25/2017 11/25/17 For Sale $96,500 +25.3% $126 / Sq Ft
06/23/2015 06/23/15 Sold $77,000 -12.5% $100 / Sq Ft View Prior Sale
05/01/2015 05/01/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $88,000 -- $115 / 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 $1,860 $155,000 $70,000 $85,000
2024 $1,740 $145,000 $63,000 $82,000
2023 $1,680 $140,000 $63,000 $77,000
2022 $1,356 $113,000 $46,000 $67,000
2021 $1,044 $87,000 $30,000 $57,000
2020 $1,044 $87,000 $25,000 $62,000
2019 $1,032 $86,000 $20,000 $66,000
2018 $876 $73,000 $20,000 $53,000
2017 $876 $73,000 $20,000 $53,000
2016 $876 $73,000 $20,000 $53,000
2015 -- $87,000 $23,000 $64,000
2014 -- $87,000 $23,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • Grey Michael

    Seller's Agent in 2018

    Grey Michael

    RE/MAX

    (804) 464-8505

    17 Total Sales

    Grey Michael
    Section Image

  • N

    Buyer's Agent in 2018

    NON MLS USER MLS

    NON MLS OFFICE

  • Sean Craft

    Seller's Agent in 2015

    Sean Craft

    Long & Foster

    (804) 338-3800

    14 in this area

    68 Total Sales

    Sean Craft
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1740659

Central Virginia Regional MLS

APN: N000-1258-047

Virginia Richmond City County Richmond 23222 Highland Park

402 Bancroft Ave, Richmond, VA

Not Listed for Sale

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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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