NOT LISTED FOR SALE

502 Lincoln Ave Richmond, VA 23222

Washington Park Neighborhood

Estimated Value: $235,000 - $288,000

3 Beds
2 Baths
1,229 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 19, 2014

Last sale price $105,750 $86 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,567/month

4 Days on Market

About This Home

As of November 2014

This gorgeous 3 bedroom 2 bathroom ranch-style home is nicely renovated. Some renovations were completed in 2011 and other updates were just completed. It has a whopping 1,229 square feet of space and is located on a quiet dead-end street in Washington Park neighborhood. Some of its many features include beautiful NEW laminate hardwood flooring and NEW carpet, central heat and A/C, washer/dryer hookups, recently installed kitchen cabinets and counter-tops, newer bathroom vanities, brushed nickel light fixtures, recently installed outlets and light switches, energy-efficient windows, NEW interior paint, NEW ceramic tile flooring, vinyl siding, and NEW professional landscaping. What more could you ask for?

You will not find another home like this in this condition and for this price!

Last Agent to Sell the Property

Mike Hogan

The Hogan Group Real Estate License #0225093823 Listed on: 10/06/2014

The Hogan Group Real Estate

Last Buyer's Agent

Jason Ciatteo

Joyner Fine Properties License #0225074925

Joyner Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,196

Year Built

  • 1946

Lot Details

  • 6,970

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 1 Level
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number N0180429018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,196

Year Built

1946

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 86.05
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Number of Rooms: 7
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Frontage Road: 62
  • Roof: Composition
  • Siding: Wood

Utilities

  • Heating Fuel: Electric
  • Heating: Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Ginter Park
  • Middle School: Henderson
  • High School: Marshall

Lot Info

  • Zoning: R-5 Single Family
  • Parcel Number: N0180429018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Nov 18, 2014
Sold by
502 Lincoln Avenue Series
Bought by
Middlebrooks Laura S
Seller's Agent
Mike Hogan
The Hogan Group Real Estate
Buyer's Agent
Jason Ciatteo
Joyner Fine Properties
List Price
$107,900
Sold Price
$105,750
Premium/Discount to List
-$2,150
-1.99%
Current Estimated Value
$255,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,094
Avg. Annual Appreciation
8.66%
Original Mortgage
$84,600
Outstanding Balance
$66,219
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$193,195

Purchase Details

Closed on
Aug 13, 2014
Sold by
Equity Trustees Llc Sub Tr and Zimmerman Tommy
Bought by
502 Lincoln Avenue Series

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Rk Investments Llc
Bought by
Zimmerman Tommy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,983
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2010
Sold by
Sec Of Housing & Urban Develop
Bought by
Bumgarner Jeffrey

Purchase Details

Closed on
Sep 14, 2007
Sold by
Fitz Jermiah
Bought by
Hill Angela N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,905
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2003
Sold by
White Kennetha
Bought by
Fitz Jermiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,039
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2003
Sold by
Sterling Natl Svcg
Bought by
White Richard W
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 Buyer Sale Price Title Company
Middlebrooks Laura S $105,750 --
502 Lincoln Avenue Series $62,411 --
Zimmerman Tommy $119,000 --
Bumgarner Jeffrey $51,350 --
Hill Angela N $129,950 --
Fitz Jermiah $94,500 --
White Richard W $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Middlebrooks Laura S $84,600
Previous Owner 502 Lincoln Avenue Series $75,000
Previous Owner Zimmerman Tommy $115,983
Previous Owner Hill Angela N $128,905
Previous Owner White Richard W $93,039
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2014 11/19/14 Sold $105,750 -2.0% $86 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $107,900 -- $88 / 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 $2,196 $183,000 $60,000 $123,000
2024 $2,076 $173,000 $55,000 $118,000
2023 $1,968 $164,000 $55,000 $109,000
2022 $1,548 $129,000 $20,000 $109,000
2021 $1,452 $124,000 $15,000 $109,000
2020 $1,452 $121,000 $15,000 $106,000
2019 $1,380 $115,000 $15,000 $100,000
2018 $1,308 $109,000 $15,000 $94,000
2017 $1,248 $104,000 $15,000 $89,000
2016 $1,248 $104,000 $15,000 $89,000
2015 $1,272 $103,000 $15,000 $88,000
2014 $1,272 $106,000 $15,000 $91,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Hogan

    Seller's Agent in 2014

    Mike Hogan

    The Hogan Group Real Estate

    (804) 655-0751

    983 Total Sales

    Mike Hogan
    Section Image
  • Jason Ciatteo

    Buyer's Agent in 2014

    Jason Ciatteo

    Joyner Fine Properties

    (804) 519-6816

    120 Total Sales

    Jason Ciatteo
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1427864

Central Virginia Regional MLS

APN: N018-0429-018

Virginia Richmond City County Richmond 23222 Washington Park

502 Lincoln Ave, Richmond, VA

This home is located at 502 Lincoln Ave, Richmond, VA 23222 since 06 October 2014 and is currently estimated at $255,844, approximately $208 per square foot. This property was built in 1946. 502 Lincoln 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.

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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