NOT LISTED FOR SALE

505 Bancroft Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $221,000 - $344,000

3 Beds
2.5 Baths
1,560 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: May 21, 2020

Last sale price $165,000 $106 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,835 / mo

6 Days on Market

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 2020

Welcome 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

Aaron Gilbert

BHHS PenFed Realty License #0225103941 Listed on: 03/09/2020

BHHS PenFed Realty

Last Buyer's Agent

James Nay

River City Elite Properties - Real Broker License #0225221595

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1920

Lot Details

5,998 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Property Attached Yn: No
  • Lot Size Acres: 0.1377
  • Ownership: Individuals
  • Subdivision Name: Highland Park
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Interior Entry, Partial, Unfinished
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooking, Electric Water Heater, Refrigerator, Range Hood, Stove
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Interior Amenities: Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Granite Counters, High Ceilings, Bath in Primary Bedroom, Cable TV
  • Living Area: 1560.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Privacy, Wood, Fenced
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Stoop, Porch
  • 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, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Public Transportation, Sidewalks

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-1149-003
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1596.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: Barack Obama
  • High School: John Marshall

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Bought by
Current Estimated Value
$301,822

Purchase Details

Listed on
Mar 9, 2020
Closed on
Apr 13, 2020
Sold by
Bought by
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
10.44%
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
Bought by
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
Bought by

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bought by

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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$164,000 Capitol Closings
$75,000 --
$84,199 --
$155,000 --
$29,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $132,000
Previous Owner $158,332
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,448 $229,000 $69,000 $160,000
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

    Seller's Agent in 2020

    Aaron Gilbert

    BHHS PenFed (actual)

    (804) 868-0080

    228 Total Sales

    Aaron Gilbert
    Section Image
  • James Nay

    Buyer's Agent in 2020

    James Nay

    River City Elite Properties - Real Broker

    (804) 704-1944

    25 in this area

    1,104 Total Sales

    James Nay
    Section Image

  • N

    Seller's Agent in 2015

    Nancy Brooks

    Mid Atlantic Real Estate

    Section Image

  • J

    Buyer's Agent in 2015

    Janice Carter-Lovejoy

    Long & Foster

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2007536

Central Virginia Regional MLS

APN: N000-1149-003

Virginia Richmond City County Richmond 23222 Highland Park

505 Bancroft Ave, Richmond, VA

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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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