9 months on rocket

1505 W Main St, Richmond, VA, 23220

$750,000

0.13 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
Year Built1980
MLS #2317449
Lot Size0.13 Acres
StatusActive

About 1505 W Main St

Rare development opportunity! Vacant lot near Main and Lombardy in the heart of Richmond's Fan District. About .129 acres with approximate dimensions of 49' x 115'. Zoned UB with a parking overlay and a special use permit that allows mixed-use up to 6 multifamily units.

Property Details

Property Features

Property Information:

  • Year Built: 1980

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Thomas Jefferson High School, Public District Grades 9-12
  • Richmond Community 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: Headed West on W. Main, Lot is on the left next to Beauvine Burger Concept.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $3,408
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$343.1K

Med. Price/SqFt

$216

Avg. Days On Market

22

# of Sold Homes

329

1505 W Main St vs Richmond

284 DAYS ON ROCKET

+262 Days

$750,000

+$406.8K More

KEY TAKEAWAY

This property is $406.8K more than the Median Sold Price in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2317449

Listing Office:

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

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: 4/28/2024, 4:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 28, 2005Home Sold
$2,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,408$284,000
2020$3,408$284,000
2019$3,108$259,000
2018$3,108$259,000

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-2411531
4
/10
  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2411532
3
/10
  • Binford Middle School

  • 1701 Floyd Ave

  • 0.19 miles

  • Public District Grades 6-8

High School

school-card-donut-2411533
10
/10
  • Open High School

  • 600 S Pine St

  • 0.81 miles

  • Public District Grades 9-12

school-card-donut-2411534
3
/10
  • Thomas Jefferson High School

  • 4100 W Grace St

  • 2.23 miles

  • Public District Grades 9-12

school-card-donut-2411535
10
/10
  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 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 $31,143. Typical income of Richmond, VA residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have masters degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1505 W Main St

What is the listing price of this property?

The listing price of 1505 W Main St property is $750,000.

What type of property is this?

The property 1505 W Main St is land located in Richmond, Virginia, 23220.

Is this property for sale now?

Active Listing: 1505 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 1505 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
Thomas Jefferson High School: GreatSchools Rating 3/10
Richmond Community High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,408 (source: MLS/based on county public records data).

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

The last sale was on February 28, 2005 for $2,000,000. (source: MLS/tax record).

How much acreage is this property?

The property 1505 W Main St is 0.13 acres.
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Rocket HomesVirginiaRichmond232201505 W Main St

This home is located at 1505 W Main St in Richmond, VA and zip code 23220 in the The Fan neighborhood. This home, which was built in 1980, sits on a 0.13 acre lot. It has been listed on Rocket Homes since July 19, 2023 and is currently priced at $750,000.

While more than 158 listings in Richmond, VA in March 2024 were sold above asking price, there were more than 70 listings sold at asking price, and more than 97 were sold below. Between February 2024 and March 2024, Richmond, VA real estate market has seen increase in the number of listings by 7.8%. The median list price of listings available in March 2024 was $343,141, while the average time on the real estate market was 22 days.

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

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