NOT LISTED FOR SALE

502 Bancroft Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $188,000 - $249,225

3 Beds
1 Bath
1,144 Sq Ft
$186/Sq Ft Est. Value

About This Home

This home is located at 502 Bancroft Ave, Richmond, VA 23222 and is currently estimated at $212,556, approximately $185 per square foot. 502 Bancroft Ave is a home located in Richmond City with nearby schools including Frances W. McClenney Elementary School, Henderson Middle School, and John Marshall High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Home Slice Properties Llc
Bought by
Erg Unlimited Llc
Current Estimated Value
$212,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 3, 2024
Sold by
Realvestor Partners Llc
Bought by
Home Slice Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 2, 2024
Sold by
Backus Alfonso and Robinson Ledarris
Bought by
Realvestor Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.86%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Erg Unlimited Llc $180,000 Fidelity National Title
Home Slice Properties Llc $135,000 Fidelity National Title
Realvestor Partners Llc $40,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Erg Unlimited Llc $230,000
Closed Home Slice Properties Llc $180,000
Source: Public Records

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 $1,824 $152,000 $64,000 $88,000
2024 $1,704 $142,000 $58,000 $84,000
2023 $1,656 $138,000 $58,000 $80,000
2022 $1,464 $122,000 $42,000 $80,000
2021 $1,224 $110,000 $32,000 $78,000
2020 $1,224 $102,000 $32,000 $70,000
2019 $1,008 $84,000 $20,000 $64,000
2018 $984 $82,000 $20,000 $62,000
2017 $960 $80,000 $20,000 $60,000
2016 $980 $78,000 $20,000 $58,000
2015 $980 $77,000 $20,000 $57,000
2014 $980 $77,000 $20,000 $57,000
Source: Public Records

Map

Virginia Richmond City County Richmond 23222 Highland Park

502 Bancroft Ave, Richmond, VA

This home is located at 502 Bancroft Ave, Richmond, VA 23222 and is currently estimated at $212,556, approximately $185 per square foot. 502 Bancroft Ave is a home located in Richmond City with nearby schools including Frances W. McClenney Elementary School, Henderson Middle School, and John Marshall 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.

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