Seller's Agent in 2020
Aaron Gilbert
BHHS PenFed (actual)
(804) 868-0080
238 Total Sales
505 Bancroft Ave Richmond, VA 23222
Highland Park NeighborhoodEstimated Value: $238,000 - $328,000
3
Beds
2.5
Baths
1,560
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near public transit
- High Ceiling
- Open High School Rated A+
- Wood Flooring
- Granite Countertops
About This Home
As of May 2020Welcome to 505 Bancroft Avenue in the Highland Park community. This vinyl-sided foursquare style home consists of 4 Bedrooms & 2 Full
Bathrooms on 1,560 sqft of living space. Highlights include a full covered front porch, fenced back yard, hardwood floors, kitchen/baths were updated in 2015, heat pump, basement and vinyl replacement windows. This property is sold "AS IS."
Last Agent to Sell the Property
BHHS PenFed Realty License #0225103941 Listed on: 03/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,596
Year Built
- Built in 1920
Lot Details
- 5,998 Sq Ft Lot
- Privacy Fence
- Back Yard Fenced
- Level Lot
- Zoning described as R-5
Home Design
- Colonial Architecture
- Fire Rated Drywall
- Frame Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,560 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Thermal Windows
- Insulated Doors
- Formal Dining Room
- Stacked Washer and Dryer
Kitchen
- Electric Cooktop
- Stove
- Range Hood
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Partially Carpeted
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Parking
- No Garage
- On-Street Parking
Outdoor Features
- Front Porch
- Stoop
Location
- Property is near public transit
Schools
- Barack Obama Elementary School
- Henderson Middle School
- John Marshall High School
Utilities
- Cooling Available
- Heat Pump System
- Water Heater
- Cable TV Available
Community Details
- Highland Park Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number N000-1149-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 2, 2021
Sold by
Nay James J and Swanson Eric
Bought by
Hope House Properties Llc
Current Estimated Value
Purchase Details
Listed on
Mar 9, 2020
Closed on
Apr 13, 2020
Sold by
J & R Rent To Buy Llc
Bought by
Nay James J and Swanson Eric
Seller's Agent
Aaron Gilbert
BHHS PenFed Realty
Buyer's Agent
James Nay
River City Elite Properties - Real Broker
List Price
$165,000
Sold Price
$165,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$132,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 17, 2015
Closed on
Mar 24, 2015
Sold by
The Secretary Of Veterans Affa
Bought by
J And R Rent To Buy Llc
Seller's Agent
Nancy Brooks
Mid Atlantic Real Estate
Buyer's Agent
Janice Carter-Lovejoy
Long & Foster REALTORS
List Price
$55,000
Sold Price
$75,000
Premium/Discount to List
$20,000
36.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%
Purchase Details
Closed on
Nov 19, 2014
Sold by
Equity Trustees Llc Sub Tr
Bought by
Secretary Of Veterans Affairs
Purchase Details
Closed on
Oct 26, 2007
Sold by
629 Properties L L C
Bought by
Armentrout John A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,332
Interest Rate
6.39%
Mortgage Type
VA
Purchase Details
Closed on
Oct 19, 2006
Sold by
Real Estate Remedies L L
Bought by
629 Props L L C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hope House Properties Llc | -- | None Available | |
| Nay James J | $164,000 | Capitol Closings | |
| J And R Rent To Buy Llc | $75,000 | -- | |
| Secretary Of Veterans Affairs | $84,199 | -- | |
| Armentrout John A | $155,000 | -- | |
| 629 Props L L C | $29,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nay James J | $132,000 | |
| Previous Owner | Armentrout John A | $158,332 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/21/2020 05/21/20 | Sold | $165,000 | 0.0% | $106 / Sq Ft | |
| 03/15/2020 03/15/20 | Pending | -- | -- | -- | |
| 03/09/2020 03/09/20 | For Sale | $165,000 | +120.0% | $106 / Sq Ft | |
| 03/27/2015 03/27/15 | Sold | $75,000 | +36.4% | $48 / Sq Ft | View Prior Sale |
| 03/03/2015 03/03/15 | Pending | -- | -- | -- | |
| 02/17/2015 02/17/15 | For Sale | $55,000 | -- | $35 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $2,292 | $204,000 | $69,000 | $135,000 |
| 2024 | $2,292 | $191,000 | $61,000 | $130,000 |
| 2023 | $2,220 | $185,000 | $61,000 | $124,000 |
| 2022 | $2,016 | $168,000 | $44,000 | $124,000 |
| 2020 | $1,680 | $140,000 | $34,000 | $106,000 |
| 2019 | $1,596 | $133,000 | $25,000 | $108,000 |
| 2018 | $1,404 | $117,000 | $25,000 | $92,000 |
| 2017 | $1,404 | $117,000 | $25,000 | $92,000 |
| 2016 | $1,368 | $114,000 | $25,000 | $89,000 |
| 2015 | $1,368 | $114,000 | $25,000 | $89,000 |
| 2014 | $1,368 | $114,000 | $25,000 | $89,000 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Gilbert
-
James Nay
Buyer's Agent in 2020
James Nay
River City Elite Properties - Real Broker
(804) 704-1944
22 in this area
923 Total Sales
-
N
Seller's Agent in 2015
Nancy Brooks
Mid Atlantic Real Estate
-
J
Buyer's Agent in 2015
Janice Carter-Lovejoy
Long & Foster
Map
Source: Central Virginia Regional MLS
MLS Number: 2007536
APN: N000-1149-003
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.
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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