2 months on rocket

17 S Lombardy St, Richmond, VA, 23220

$795,000

Home List Price

$9,441*

Closing Credit

0 Baths
2,848 SqFt
$279/SqFt
Multi
Schools Nearby

Location

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17 S Lombardy St, Richmond$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1900
MLS #2403683
Lot Size0.07 Acres
StatusActive

About 17 S Lombardy St

Invest in the heart of Richmond’s historic Fan District neighborhood with 17 & 19 S Lombardy Street. With strong rental history and cash flow, the property boasts two 3-bedroom, 1-bathroom townhouse style units. The property also includes a back and side yard for residents. The renovation include in-unit washer/dryer, central air and gas forced heat. Historic features like the hardwood floors and fireplace hearths create a distinctive and inviting living experience. The uniqueness of these properties are in short supply and in high rental demand. With a prime location just blocks from Virginia Commonwealth University, this property is an ideal choice for investors looking for a smart investment opportunity and rental upside. Enjoy the convenience of walkability to local restaurants, coffee shops, music venues and museums. Don’t miss out on this rare opportunity to own a piece of Richmond’s rich history and vibrant community.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,848 SqFt

Listing Office:

  • Office Name: One South Commercial LLC
  • Office Phone: (804) 353-0009
  • Listing Agent: Justin Sledd

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.07 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $279/SqFt

Tax Information:

  • Annual Amount: $6,480
  • 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

$343.1K

Med. Price/SqFt

$216

Avg. Days On Market

22

# of Sold Homes

329

17 S Lombardy St vs Richmond

74 DAYS ON ROCKET

+52 Days

$795,000

+$451.8K More

$279/SqFt

+$63 More

KEY TAKEAWAY

This property is $451.8K more than the Median Sold Price and $63/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: #2403683

Listing Office:

  • Office Name: One South Commercial LLC
  • Office Phone: (804) 353-0009
  • Listing Agent: Justin Sledd

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

Tax History

YEARPROP. TAXASSESSMENT
2021$6,480$556,000
2020$6,460$540,000
2019$5,676$509,000
2018$5,676$473,000

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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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-2390193
4
/10

  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.62 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2390194
3
/10

  • Binford Middle School

  • 1701 Floyd Ave

  • 0.17 miles

  • Public District Grades 6-8

High School

school-card-donut-2390195
10
/10

  • Open High School

  • 600 S Pine St

  • 0.84 miles

  • Public District Grades 9-12

school-card-donut-2390196
3
/10

  • Thomas Jefferson High School

  • 4100 W Grace St

  • 2.20 miles

  • Public District Grades 9-12

school-card-donut-2390197
10
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 2.40 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 $31,143. The most common annual income of people living in Richmond, VA is less than $35k. Typical family type is single, no kids. Most residents in this area have masters degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23220›17 S Lombardy St

This home is located at 17 S Lombardy St in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 2,848 square foot home, which was built in 1900, sits on a 0.07 acre lot. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $795,000.

In March 2024, from all listings sold in Richmond, VA there were more than 158 sold above asking price, over 97 sold below and more than 70 were sold right at the asked price. The number of listings in Richmond, VA increased by 7.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 22 days, the median list price was $343,141.

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

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