2 months on rocket

1 W Main St, Richmond, VA, 23220

$1,850,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths, 1 Partial
11,454 SqFt
$162/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1 W Main St, Richmond$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1841
HeatingOil, Zoned
CoolingZoned
BasementYes
FireplaceDecorative
MLS #2400175
StatusActive

About 1 W Main St

Residential, Company Headquarters, Hospitality and/or development opportunity in the heart of Richmond's Historic District. This is a National and Virginia Historic Landmark property and as such has easements which can be found in the supplements. Built in 1841, this elaborate Greek Revival Mansion still retains all of its original details. Turn the charming carriage house and the English basement into rental units. 14-foot ceilings, hanging stair and beautiful proportions round out this two-story, rectangular brick structure with a hipped roof and interior chimneys. It was the residence of the Pulitizer Prize winning Ellen Glasgow from 1887-1945. A rectangular ell was added to the rear of the house in approximately 1900. The carriage house stands behind this extension. Please see floor plan in supplements. Also available is a 36-car parking lot adjacent to this property. While the seller wishes not to sell the lot util the house is sold, it remains one of the few undeveloped parcels in the district and can be creatively combined with the house as a development opportunity for a restaurant, corporate headquarters, caterers, breweries, short term rentals and retail to name a few.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1841
  • Stories: 3
  • Living Area: 11,454 SqFt

Listing Office:

  • Office Name: Shaheen Ruth Martin & Fonville
  • Office Email: info@srmfre.com
  • Listing Agent: Douglas Dorsey

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Bookcases, Built-in Features, High Ceilings
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Out Building(s), Porch

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Oil, Zoned
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Richmond Community High School, Public District Grades 9-12
  • Armstrong High School, Public District Grades 9-12
  • Binford Middle School, Public District Grades 6-8
  • William Fox Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner of Foushee and Main

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $162/SqFt

Tax Information:

  • Annual Amount: $18,025
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Richmond, VA.

Med. Sold Price

$339.4K

Med. Price/SqFt

$213

Avg. Days On Market

26

# of Sold Homes

289

1 W Main St vs Richmond

82 DAYS ON ROCKET

+56 Days

$1,850,000

+$1.5M More

$162/SqFt

-$52 Less

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $52/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2400175

Listing Office:

  • Office Name: Shaheen Ruth Martin & Fonville
  • Office Email: info@srmfre.com
  • Listing Agent: Douglas Dorsey

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/28/2024, 12:20:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$18,025$1,442,000
2020$18,025$1,442,000
2019$18,025$1,442,000
2018$18,025$1,442,000

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7527943
4
/10
  • William Fox Elementary School

  • 2300 Hanover Ave

  • 1.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7527944
3
/10
  • Binford Middle School

  • 1701 Floyd Ave

  • 1.05 miles

  • Public District Grades 6-8

High School

school-card-donut-7527945
10
/10
  • Open High School

  • 600 S Pine St

  • 0.49 miles

  • Public District Grades 9-12

school-card-donut-7527946
10
/10
  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 2.10 miles

  • Public District Grades 9-12

school-card-donut-7527947
1
/10
  • Armstrong High School

  • 2300 Cool Ln

  • 2.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,232. Typical income of Richmond, VA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Monroe Ward, Richmond

What type of housing is available in Monroe Ward, Richmond?

In Monroe Ward, the vast majority of dwellings are large apartment buildings, whereas the remainder are mainly small apartment buildings. The median year of construction for properties in this neighborhood is 1953. This area offers mainly lofts and one bedroom homes. Nearly all of the population of this neighborhood rent their home while owners make up the remainder.

Is Monroe Ward, Richmond a good place to live?

Monroe Ward offers a variety of experiences for home buyers who enjoy a vibrant atmosphere and spending time outdoors. This neighborhood has numerous streets for those looking for a dynamic vibe. Even though this part of the city is not known for its nightlife, there are many people around most of the time, not to mention that there are relatively few nearby entertainment venues. Although the neighborhood is not home to any parks, public green spaces are especially well-spread out in nearby neighborhoods, which results in them being easy to get to from the majority of locations within this neighborhood.

Are things conveniently located in Monroe Ward, Richmond?

In Monroe Ward, locals will generally be able to reach primary as well as high schools on foot. Regarding food, property owners in this part of the city will appreciate that a general and a specialty grocery store is always only a short walk away. In addition, thanks to 20-odd restaurants and cafes in Monroe Ward, there is usually a place to get a meal or a beverage just around the corner. It is also convenient to get to a number of clothing stores on foot.

What does the transportation in Monroe Ward, Richmond look like?

Physically active house buyers will welcome the especially walk-friendly character of this part of Richmond; meeting daily needs is very easy, and there are also a fair number of businesses in proximity. Cars are also a fairly good means of transportation in Monroe Ward. Many properties for sale are a short drive from the closest highway, and finding a parking spot is generally easy.

Powered by Local Logic

Frequently Asked Questions About 1 W Main St

What is the listing price of this property?

The listing price of 1 W Main St property is $1,850,000.

What type of property is this?

The property 1 W Main St is a house located in Richmond, Virginia, 23220.

Is this property for sale now?

Active Listing: 1 W Main St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1 W Main St are:
William Fox Elementary School: GreatSchools Rating 4/10
Binford Middle School: GreatSchools Rating 3/10
Open High School: GreatSchools Rating 10/10
Richmond Community High School: GreatSchools Rating 10/10
Armstrong High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $18,025 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1 W Main St has 6 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 1 W Main St is 11,454 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 W Main St is 1841.

Rocket HomesVirginiaRichmond232201 W Main St

This home is located at 1 W Main St in Richmond, VA and zip code 23220 in the Monroe Ward neighborhood. This 11,454 square foot home was built in 1841. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 05, 2024 and is currently priced at $1,850,000.

In February 2024 more than 121 listings in Richmond, VA were sold above the asking price. During the same period more than 65 listings were sold at asking price, while more than 100 were sold below. The number of listings in Richmond, VA increased by 13% between January 2024 and February 2024. The median list price of listings available in February 2024 was $339,484, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources