NOT LISTED FOR SALE

Estimated Value: $260,498

3 Beds
1 Bath
1,300 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2026

Last sale price $270,000 $208 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,557 / mo

79 Days on Market

Highlights

  • Cape Cod Architecture
  • Cooling Available
  • 1-Story Property
  • Wood Flooring
  • Heat Pump System

About This Home

As of February 2026

Renovated with Intention. Rooted in Charm.
Welcome to 508 Highland Drive - where the historic charm of Highland Springs meets the ease and confidence of a full, top-to-bottom renovation. Originally built in 1947 during a wave of postwar growth, this 3-bedroom, 1-bath single-family home has been completely reimagined - preserving its classic character while embracing modern comfort. Nestled on a quiet side street, it offers peaceful living with quick access to downtown Richmond, shopping, dining, and Henrico’s parks and recreation. Step inside and experience the quality immediately. The home has been fully renovated with care and craftsmanship - not just for looks, but for lasting value:
• New roof, windows, HVAC, siding, and flooring
• Designer-chosen details throughout - from knobs to backsplash
• Leathered granite countertops & soft-close cabinetry
• Custom herringbone tile, stainless appliances, commercial-grade faucet Every inch of this 1,300 sq ft space feels fresh, clean, and inviting. Hardwood floors, a soft color palette, and a thoughtful layout make it easy to move in and make it your own. One room, currently used as a flex space or office, has a closet and could serve as a 4th bedroom - or even a future second bathroom, since it backs up to kitchen plumbing. Outside, the private backyard is a blank canvas - whether you want a garden, fire pit, play space, or a reading nook under the sky, this space is ready to become whatever you need. Location highlights:
• Henrico County surrounds Richmond and offers unmatched access to I-64, I-95, and the Richmond-Henrico Turnpike
• Near shopping, hospitals, coffee shops, and the Capitol Trail
• Close to Dorey Park with its playground, dog park, lake, and trails
• Highland Springs is rich in history and events, from festivals to seasonal markets Whether you're a first-time buyer, investor, or someone who values a home done right, 508 Highland Drive is ready to welcome you with style, soul, and quality that lasts.

Last Agent to Sell the Property

Allie Cullen

EXP Realty, LLC License #0225227603 Listed on: 10/20/2025

EXP Realty, LLC

Last Buyer's Agent

Cassidy Young

Valentine Properties License #0225248865

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,446

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 8,560 Sq Ft Lot
  • Zoning described as R4

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway
  • Unpaved Parking

Schools

  • Fair Oaks Elementary School
  • Elko Middle School
  • Highland Springs

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Highland Terrace Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 823-722-6591

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,446

Year Built

Built in 1947 | Remodeled

Lot Details

8,560 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Property Attached Yn: No
  • Lot Size Acres: 0.1965
  • Ownership: Individuals
  • Subdivision Name: Highland Terrace
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Renovated
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Main Level Primary
  • Living Area: 1300.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, No Garage, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Parcel Number: 823-722-6591
  • Zoning Description: R4

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1446.48
  • Tax Lot: 19

MLS Schools

  • Elementary School: Fair Oaks
  • High School: Highland Springs

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

Listed on
Oct 20, 2025
Closed on
Feb 6, 2026
Sold by
Bought by
Seller's Agent
Allie Cullen
EXP Realty, LLC
Buyer's Agent
Cassidy Young
Valentine Properties
List Price
$284,950
Sold Price
$270,000
Premium/Discount to List
-$14,950
-5.25%
Views
262
Current Estimated Value
$260,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,502
Avg. Annual Appreciation
-7.34%
Original Mortgage
$202,500
Outstanding Balance
$201,511
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$58,987

Purchase Details

Closed on
Sep 8, 2020
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2009
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
$80,932
Interest Rate
5.18%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$270,000 Fidelity National Title Insura
$84,150 Attorney
$86,500 --
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
Open $202,500
Previous Owner $372,000
Previous Owner $81,025
Previous Owner $80,932
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
02/13/2026 02/13/26 Sold $270,000 -3.2% $208 / Sq Ft
01/11/2026 01/11/26 Pending -- -- --
12/30/2025 12/30/25 Price Changed $279,000 -2.1% $215 / Sq Ft
10/24/2025 10/24/25 For Sale $284,950 -- $219 / 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 $1,497 $178,200 $35,000 $143,200
2025 $1,497 $153,800 $29,900 $123,900
2024 $1,446 $140,600 $27,600 $113,000
2023 $1,209 $140,600 $27,600 $113,000
2022 $987 $120,400 $27,600 $92,800
2021 $521 $98,200 $22,100 $76,100
2020 $864 $98,200 $22,100 $76,100
2019 $844 $95,900 $19,800 $76,100
2018 $754 $85,700 $19,800 $65,900
2017 $684 $77,700 $19,800 $57,900
2016 $635 $72,100 $19,800 $52,300
2015 $624 $70,900 $23,500 $47,400
2014 $624 $70,900 $23,500 $47,400
Source: Public Records

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Map

Source: Central Virginia Regional MLS

MLS Number: 2529324

Central Virginia Regional MLS

APN: 823-722-6591

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