1 month on rocket

3324 2nd Ave, Richmond, VA, 23222

$420,000

Home List Price

$4,988*

Closing Credit

4 Bedrooms
2 Full Baths
2,304 SqFt
$182/SqFt
House
Schools Nearby

Location

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3324 2nd Ave, Richmond$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1915
HeatingElectric, Forced Air
CoolingZoned
FireplaceDecorative
MLS #2404577
Lot Size0.11 Acres
StatusActive

About 3324 2nd Ave

Calling all investors! Don't miss out on this incredible opportunity to own a prime piece of real estate in Highland Park offering a strong rental market! This property was recently renovated in 2020 and a new electrical panel and meter in 2021. This property also boasts dual HVAC units and sensor faucets. On a corner lot with ample off street parking conveniently located near popular Richmond restaurants, shopping and entertainment. Just 10 mins from The Diamond! The savvy investor looking for great potential and positive cash flow will appreciate the rental income two times the normal Cap Rate in Richmond, VA.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1915
  • Stories: 2
  • Living Area: 2,304 SqFt

Listing Office:

  • Office Name: Boone Residential LLC
  • Office Phone: (804) 220-0815
  • Listing Agent: Mike Boone

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Vinyl, Wood
  • Interior: Bedroom on Main Level, Ceiling Fan(s), Recessed Lighting, Cable TV
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Richmond Community High School, Public District Grades 9-12
  • John Marshall High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Henderson Middle School, Public District Grades 6-8
  • Overby-Sheppard Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Laburnum to Carolina Ave. Left on Pollack then left on 2nd Ave. House on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $1,416
  • 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

3324 2nd Ave vs Richmond

44 DAYS ON ROCKET

+22 Days

$420,000

+$76.8K More

$182/SqFt

-$34 Less

KEY TAKEAWAY

This property is $76.8K more than the Median Sold Price and $34/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: #2404577

Listing Office:

  • Office Name: Boone Residential LLC
  • Office Phone: (804) 220-0815
  • Listing Agent: Mike Boone

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: 4/27/2024, 3:25:17 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

Sep 10, 2013Home Sold
$18,000
Jul 07, 2004Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,416$198,000
2020$1,416$118,000
2019$1,140$104,000
2018$1,140$95,000

History based on county public records data.

Payment Calculator

$2,164

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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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-1379342
2
/10

  • Overby-Sheppard Elementary School

  • 2300 1st Ave

  • 0.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1379343
2
/10

  • Henderson Middle School

  • 4319 Old Brook Rd

  • 2.29 miles

  • Public District Grades 6-8

High School

school-card-donut-1379344
10
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 0.88 miles

  • Public District Grades 9-12

school-card-donut-1379345
2
/10

  • John Marshall High School

  • 4225 Old Brook Rd

  • 2.19 miles

  • Public District Grades 9-12

school-card-donut-1379346
10
/10

  • Open High School

  • 600 S Pine St

  • 3.25 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 $48,406. The most common annual income of people living in Richmond, VA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3324 2nd Ave

What is the listing price of this property?

The listing price of 3324 2nd Ave property is $420,000.

What type of property is this?

The property 3324 2nd Ave is a house located in Richmond, Virginia, 23222.

Is this property for sale now?

Active Listing: 3324 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3324 2nd Ave are:
Overby-Sheppard Elementary School: GreatSchools Rating 2/10
Henderson Middle School: GreatSchools Rating 2/10
Richmond Community High School: GreatSchools Rating 10/10
John Marshall High School: GreatSchools Rating 2/10
Open 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 $1,416 (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 10, 2013 for $18,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3324 2nd Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3324 2nd Ave is 2,304 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3324 2nd Ave is 1915.

Rocket Homes›Virginia›Richmond›23222›3324 2nd Ave

This home is located at 3324 2nd Ave in Richmond, VA and zip code 23222 in the North Highland Park neighborhood. This 2,304 square foot home, which was built in 1915, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $420,000.

Over 158 listings were sold over their listed price in March 2024 in Richmond, VA. In the same period over 97 listings were sold below the listed price and 70 listings were sold for the listed price. The inventory of homes for sale in Richmond, VA between February 2024 and March 2024 increased by 7.8%. Listings spent 22 days on the market in March 2024, and had a median list price of $343,141 during the same period.

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

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