11 days on rocket

1201 Wallace St, Richmond, VA, 23220

$474,999

Home List Price

$5,641*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,624 SqFt
$292/SqFt
House
Schools Nearby

Location

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1201 Wallace St, Richmond$474,999

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAlley Access, On Street
Year Built2008
HeatingElectric
CoolingElectric
MLS #2411756
Lot Size0.15 Acres
StatusActive

About 1201 Wallace St

*Huge Price Adjustment!* Welcome to your future home in the heart of Richmond with this charming home! Fully renovated in 2018 & step inside to discover a cozy main floor with an open layout. Connected Gourmet Kitchen/Dining space with backyard views featuring modern appliances and plenty of storage space. Main level features gourmet kitchen, powder room & a crawl space for personal decoration or special use! Upstairs, you'll find three spacious bedrooms, including a master suite with its own ensuite bathroom and walk-in closet. Outside, the fully fenced backyard provides a private retreat with gardens, rear entrance, and porch with panoramic street views. Walking distance to VCU Monroe Campus - central location, walking distance to all the restaurants and less than five-minute drive from downtown, you'll have easy access to all the outing Richmond City has to offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2008
  • Stories: 2
  • Living Area: 1,624 SqFt

Listing Office:

  • Office Name: K Realty
  • Office Phone: (703) 379-9972
  • Listing Agent: Wahid Khugyani

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Stove, Washer
  • Basement: No
  • Interior: Ceiling Fan(s), Dining Area, Eat-in Kitchen, High Ceilings, Pantry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Porch

Parking Information:

  • Parking: Alley Access, On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Richmond Community High School, Public District Grades 9-12
  • Thomas Jefferson High School, Public District Grades 9-12
  • Binford Middle School, Public District Grades 6-8
  • John B. Cary Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Follow GPS as prompted.

Price Information

Listing Price Info

Price Summary:

  • List Price: $474,999
  • Price Per SqFt: $292/SqFt

Tax Information:

  • Annual Amount: $3,012
  • Tax Year: 2021
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Housing Market Comparison

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

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Richmond, VA

City

Med. Sold Price

$346.3K

Med. Price/SqFt

$218

Avg. Days On Market

18

# of Sold Homes

376

1201 Wallace St vs Richmond

11 DAYS ON ROCKET

-7 Days

$474,999

+$128.6K More

$292/SqFt

+$74 More

KEY TAKEAWAY

This property is $128.6K more than the Median Sold Price and $74/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2411756

Listing Office:

  • Office Name: K Realty
  • Office Phone: (703) 379-9972
  • Listing Agent: Wahid Khugyani

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: 5/20/2024, 8:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2018Home Sold
$184,950

Tax History

YEARPROP. TAXASSESSMENT
2021$3,012$267,000
2020$3,012$251,000
2019$2,380$227,000
2018 - $213,000

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-4165713
4
/10

  • John B. Cary Elementary School

  • 3021 Maplewood Ave

  • 1.41 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4165714
1
/10

  • Binford Middle School

  • 1701 Floyd Ave

  • 0.58 miles

  • Public District Grades 6-8

High School

school-card-donut-4165715
9
/10

  • Open High School

  • 600 S Pine St

  • 0.46 miles

  • Public District Grades 9-12

school-card-donut-4165716
9
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 2.57 miles

  • Public District Grades 9-12

school-card-donut-4165717
5
/10

  • Thomas Jefferson High School

  • 4100 W Grace St

  • 2.60 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,033. Typical income of Richmond, VA residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1201 Wallace St

What is the listing price of this property?

The listing price of 1201 Wallace St property is $474,999.

What type of property is this?

The property 1201 Wallace St is a house located in Richmond, Virginia, 23220.

Is this property for sale now?

Active Listing: 1201 Wallace 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 1201 Wallace St are:
John B. Cary Elementary School: GreatSchools Rating 4/10
Binford Middle School: GreatSchools Rating 1/10
Open High School: GreatSchools Rating 9/10
Richmond Community High School: GreatSchools Rating 9/10
Thomas Jefferson High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,012 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 19, 2018 for $184,950. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1201 Wallace St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1201 Wallace St is 1,624 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1201 Wallace St is 2008.

Rocket Homes›Virginia›Richmond›23220›1201 Wallace St

This home is located at 1201 Wallace St in Richmond, VA and zip code 23220 in the Randolph neighborhood. This 1,624 square foot home, which was built in 2008, sits on a 0.15 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $474,999.

In April 2024, from all listings sold in Richmond, VA there were more than 201 sold above asking price, over 85 sold below and more than 89 were sold right at the asked price. The number of homes for sale in Richmond, VA increased by 10% between March 2024 and April 2024. While the average time on the market in April 2024 was 18 days, the median list price was $346,381.

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

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