NOT LISTED FOR SALE

505 Lincoln Ave Richmond, VA 23222

Washington Park Neighborhood

Estimated Value: $237,000 - $245,869

3 Beds
1 Bath
1,040 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $48,000 $46 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $1,462/month

Highlights

  • Central Air
  • Open High School Rated A+
  • Wall to Wall Carpet

About This Home

As of July 2014

Newer ranch house in Washington Park Community. Unique community of older and newer construction, walking distance to YMCA and other recreational facilities. Very nice starter house with good sized living and dining area, master bedroom with half bath, deck, heat pump, newer roof. Some cosmetic updates would make house a great home.

Last Agent to Sell the Property

Michael Fant

First Choice Realty License #0225075635 Listed on: 05/08/2014

First Choice Realty

Co-Listed By

Frank Tommaso

Blu Skyy Realty License #0225088620

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,124

Year Built

  • 1992

Lot Details

  • 8,276

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number N0180455007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,124

Year Built

1992

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 46.15
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Appliances Equipment: Dishwasher, Electric Cooking, Smoke Alarm, Stove, Stove Hood
  • Flooring: Carpet-W-W, Vinyl
  • Interior: 1st Floor Bedroom, Dining Area, Dryer Hookup, Washer Hookup
  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Crawl Space
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Frontage Road: 75
  • Fence: No Fencing
  • Porch: Deck, Front
  • Exterior: Storage Shed Attached
  • Roof: Composition
  • Siding: Vinyl
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: No Garage

Utilities

  • Heating Fuel: Electric
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Zoning: R-5 Single Family
  • Parcel Number: N0180455007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2019
Sold by
Dudley Erica L
Bought by
Dudley Erica L and Archer Roderick Thomas
Current Estimated Value
$241,217

Purchase Details

Listed on
May 8, 2014
Closed on
Jul 9, 2014
Sold by
Secretary Of Hud
Bought by
Dudley Erica L
Seller's Agent
Michael Fant
First Choice Realty
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.00%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Nectar Projects Inc Sub Tr
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 30, 2002
Sold by
Horton Deborah B
Bought by
Clarke Eugenia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,364
Interest Rate
7.05%
Mortgage Type
FHA
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
Dudley Erica L -- None Available
Dudley Erica L $48,000 --
Secretary Of Hud $79,000 --
Clarke Eugenia J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cosby Eugenia J $100,000
Previous Owner Cosby Eugenia J $25,000
Previous Owner Clarke Eugenia J $80,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $48,000 -4.0% $46 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $50,000 -- $48 / 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 $2,124 $177,000 $65,000 $112,000
2024 $2,004 $167,000 $60,000 $107,000
2023 $1,908 $159,000 $60,000 $99,000
2022 $1,476 $123,000 $25,000 $98,000
2021 $1,380 $118,000 $20,000 $98,000
2020 $1,380 $115,000 $20,000 $95,000
2019 $1,308 $109,000 $20,000 $89,000
2018 $1,236 $103,000 $20,000 $83,000
2017 $1,200 $100,000 $20,000 $80,000
2016 $1,200 $100,000 $20,000 $80,000
2015 $600 $98,000 $20,000 $78,000
2014 $600 $100,000 $20,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Fant

    First Choice Realty

    (804) 908-4072

    19 Total Sales

    Michael Fant
    Section Image

  • F

    Seller Co-Listing Agent in 2014

    Frank Tommaso

    Blu Skyy Realty

  • N

    Buyer's Agent in 2014

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1413268

Central Virginia Regional MLS

APN: N018-0455-007

Virginia Richmond City County Richmond 23222 Washington Park

505 Lincoln Ave, Richmond, VA

This home is located at 505 Lincoln Ave, Richmond, VA 23222 since 08 May 2014 and is currently estimated at $241,217, approximately $231 per square foot. This property was built in 1992. 505 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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