13 days on rocket

3518 E Richmond Rd Unit U11, Richmond, VA, 23223

$131,500

Home List Price

$1,562*

Closing Credit

2 Bedrooms
1 Full Bath
760 SqFt
$173/SqFt
Condo
Schools Nearby

Location

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3518 E Richmond Rd Unit U11, Richmond$131,500

Buyer Closing Credits

$1,562*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Off Street
Year Built1966
HeatingElectric, Heat Pump
CoolingHeat Pump
MLS #2407492
Lot Size0.02 Acres
StatusActive

About 3518 E Richmond Rd Unit U11

Wonderful 2 BEDROOM maintenance free condo with new laminate floors on main level & NEW carpet on 2nd level.NEW HVAC INSTALLED 4/23/2024!! Updated Kitchen with NEW Granite countertops, New double bowl stainless sink and faucet! The entire unit has been freshly painted, Newer LG Full Size Wash/Dryer unit, entire unit is rental/move in ready. Conveniently located close to downtown between Church Hill and Rockets Landing- close to James River, parks, shopping, the Capital Trail, breweries and great restaurants! The Villas offers a large playground, picnic pavilion,2 fenced dog parks! Looking for the perfect investment with positive cash flow-here it is!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1966
  • Stories: 2
  • Living Area: 760 SqFt

Listing Office:

  • Office Name: Long & Foster REALTORS 13
  • Office Phone: (804) 937-3991
  • Listing Agent: Beth Goldsmith

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate, Partially Carpeted
  • Interior: Ceiling Fan(s), Granite Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Play Structure

Parking Information:

  • Parking: Assigned, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Franklin Military Academy, Public District Grades 6-12
  • Armstrong High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Martin Luther King Jr. Middle School, Public District Grades 6-8
  • Chimborazo Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $131,500
  • Price Per SqFt: $173/SqFt

HOA Fees:

  • Amount: $155
  • Frequency: Monthly
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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

3518 E Richmond Rd Unit U11 vs Richmond

13 DAYS ON ROCKET

-9 Days

$131,500

-$211.6K Less

$173/SqFt

-$43 Less

KEY TAKEAWAY

This property is $211.6K less than the Median Sold Price and $43/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: #2407492

Listing Office:

  • Office Name: Long & Foster REALTORS 13
  • Office Phone: (804) 937-3991
  • Listing Agent: Beth Goldsmith

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: 4/30/2024, 12:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$879

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$461

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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-3426283
3
/10
  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 1.04 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3426284
2
/10
  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 1.59 miles

  • Public District Grades 6-8

High School

school-card-donut-3426285
7
/10
  • Franklin Military Academy

  • 701 N 37th St

  • 0.58 miles

  • Public District Grades 6-12

school-card-donut-3426286
1
/10
  • Armstrong High School

  • 2300 Cool Ln

  • 1.51 miles

  • Public District Grades 9-12

school-card-donut-3426287
10
/10
  • Open High School

  • 600 S Pine St

  • 3.14 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,550. Typical income of Richmond, VA residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3518 E Richmond Rd Unit U11

What is the listing price of this property?

The listing price of 3518 E Richmond Rd Unit U11 property is $131,500.

What type of property is this?

The property 3518 E Richmond Rd Unit U11 is a condo located in Richmond, Virginia, 23223.

Is this property for sale now?

Active Listing: 3518 E Richmond Rd Unit U11 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3518 E Richmond Rd Unit U11 are:
Chimborazo Elementary School: GreatSchools Rating 3/10
Martin Luther King Jr. Middle School: GreatSchools Rating 2/10
Franklin Military Academy: GreatSchools Rating 7/10
Armstrong High School: GreatSchools Rating 1/10
Open High School: GreatSchools Rating 10/10

How many bedrooms and bathrooms does this property have?

The property at 3518 E Richmond Rd Unit U11 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3518 E Richmond Rd Unit U11 is 760 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3518 E Richmond Rd Unit U11 is 1966.

Rocket HomesVirginiaRichmond232233518 E Richmond Rd Unit U11

This home is located at 3518 E Richmond Rd Unit U11 in Richmond, VA and zip code 23223 in the East Side neighborhood. This 760 square foot home, which was built in 1966, sits on a 0.02 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $131,500.

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%. 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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