529 Mosby St Richmond, VA 23223
Union Hill NeighborhoodEstimated payment $1,537/month
Total Views
2,437
2
Beds
1.5
Baths
1,261
Sq Ft
$190
Price per Sq Ft
Highlights
- 0.14 Acre Lot
- Property is near public transit
- 4-minute walk to Jefferson Park
- Open High School Rated A+
About This Home
Great chance to buy and renovate this home in an incredible location!! Opportunity awaits with a multitude of by-right development options in this desirable city neighborhood! No SUP’s needed here—these parcels are already zoned R-63, giving investors, builders, and developers tremendous flexibility. Located only one block from beautiful Jefferson Park and just a short walk to Union Hill’s favorite restaurants and cafes (Pizza Bones, Fat Rabbit Bakery, Alamo BBQ, The Roosevelt, and more), this property is surrounded by established community charm and steady growth. Together, 529 & 531 Mosby offer 72 feet of street frontage and over 10,000 square feet of parcel space, allowing between 1–10 residential or mixed-use units by right. Build single-family homes, condos, or apartments—whether your strategy is to build to sell or build to rent, the options are endless. Zoning confirmation letters and surveys are already in hand, streamlining your planning process. For those seeking a less dense approach, the vacant lot (24’x159’) can accommodate a new construction dwelling, while the existing structure on the adjacent lot (48’x159’) is primed for a major renovation or a large addition. Restoring and expanding the current building could yield a high-value resale or long-term rental. These unusually deep city lots also provide room for off-street parking and generous outdoor space, features that are increasingly rare and highly desirable in this market. Whether your vision is small-scale—rehabbing and selling the existing house with its oversized lot—or larger scale—redeveloping the combined parcels into multiple new homes—this property delivers on both flexibility and potential. Opportunities like this, with zoning already in place and development pathways clearly defined, are exceptionally rare. Don’t miss your chance to invest in a fast-growing neighborhood and bring your project to life in one of the city’s most dynamic locations!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,748
Year Built
- Built in 1900
Lot Details
- 6,055 Sq Ft Lot
- Zoning described as R-63
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,261 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- No Garage
- Off-Street Parking
Location
- Property is near public transit
Schools
- Bellevue Elementary School
- Martin Luther King Jr. Middle School
- Armstrong High School
Listing and Financial Details
- Assessor Parcel Number E000-0252-045
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,868 | $239,000 | $115,000 | $124,000 |
| 2024 | $2,748 | $229,000 | $110,000 | $119,000 |
| 2023 | $2,652 | $221,000 | $110,000 | $111,000 |
| 2022 | $2,232 | $186,000 | $85,000 | $101,000 |
| 2021 | $1,920 | $162,000 | $70,000 | $92,000 |
| 2020 | $1,920 | $160,000 | $70,000 | $90,000 |
| 2019 | $1,812 | $151,000 | $70,000 | $81,000 |
| 2018 | $1,680 | $140,000 | $70,000 | $70,000 |
| 2017 | $1,236 | $103,000 | $55,000 | $48,000 |
| 2016 | $1,140 | $95,000 | $50,000 | $45,000 |
| 2015 | $1,188 | $100,000 | $50,000 | $50,000 |
| 2014 | $1,188 | $99,000 | $50,000 | $49,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $240,000 | -- | $190 / Sq Ft |
Source: Central Virginia Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $170,000 | Attorney | |
| Warranty Deed | $28,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $106,542 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $101,242 | Unknown |
Source: Public Records
Similar Homes in Richmond, VA
Source: Central Virginia Regional MLS
MLS Number: 2523283
APN: E000-0252-045
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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