10 days on rocket

501 W Marshall St, Richmond, VA, 23220

$495,000

Home List Price

$5,878*

Closing Credit

4 Bedrooms
2 Full Baths
2,558 SqFt
$194/SqFt
House
Schools Nearby

Location

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501 W Marshall St, Richmond$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1856
HeatingElectric, Zoned
CoolingZoned
BasementYes
FireplaceDecorative
MLS #2410124
Lot Size0.11 Acres
StatusActive

About 501 W Marshall St

Step into history with this beautiful late 1800s gem in Jackson Ward, where original hardwood floors grace the living room and bedrooms. The original fireplace becomes the centerpiece of charm and warmth. 9+ foot ceilings add a touch of grandeur to the space. The kitchen boasts freshly painted white cabinets and tiled floors, creating a perfect blend of historic charm and modern style. Upstairs, two bedrooms with pristine hardwood floors and a tastefully tiled bathroom offer a comfortable retreat. Throughout the home, original brick exposure adds character and a sense of timeless beauty. The basement, renovated in 2013, features a mix of luxury vinyl wood tile and carpet, along with a full bathroom and full-sized windows. You can use this space for Rental, just add a kitchenette! Escape to the fully privacy-fenced backyard with a lush lawn, patio, and a 2-car parking graveled pad. Home accessible from two entrances – one on the sidewalk and another at the back of the fence, both secured with pad locks. This central location puts you within walking distance to Broad St, VCU, VCU/MCV Hospital, and Carytown. With a unique blend of historic details and modern updates, this residence offers a seamless fusion of past and present. Very well maintained, this home invites you to be part of its story, offering not just a place to live but a piece of history to cherish.

Property Details

Property Features

Property Information:

  • Architectural Style: Row House, Two Story
  • Year Built: 1856
  • Stories: 2
  • Living Area: 2,558 SqFt

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Danae Dobler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Partially Carpeted, Wood
  • Interior: Ceiling Fan(s), Eat-in Kitchen, Fireplace, High Ceilings
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning(s)

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric, Zoned
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Richmond Community High School, Public District Grades 9-12
  • Armstrong High School, Public District Grades 9-12
  • Albert Hill Middle School, Public District Grades 6-8
  • George W. Carver Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $194/SqFt

Tax Information:

  • Annual Amount: $3,216
  • 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

501 W Marshall St vs Richmond

10 DAYS ON ROCKET

-8 Days

$495,000

+$148.6K More

$194/SqFt

-$24 Less

KEY TAKEAWAY

This property is $148.6K more than the Median Sold Price and $24/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: #2410124

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Danae Dobler

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: 5/3/2024, 10:20:34 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

Jan 17, 2013Home Sold
$155,000
Nov 17, 2006Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,216$291,000
2020$3,216$268,000
2019$2,868$253,000
2018$2,868$239,000

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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-5615240
2
/10

  • George W. Carver Elementary School

  • 1110 W Leigh St

  • 0.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5615241
2
/10

  • Albert Hill Middle School

  • 3400 Patterson Ave

  • 2.17 miles

  • Public District Grades 6-8

High School

school-card-donut-5615242
10
/10

  • Open High School

  • 600 S Pine St

  • 0.83 miles

  • Public District Grades 9-12

school-card-donut-5615243
10
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 1.75 miles

  • Public District Grades 9-12

school-card-donut-5615244
1
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 2.31 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 $43,226. The most common annual income of people living in Richmond, VA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 W Marshall St

What is the listing price of this property?

The listing price of 501 W Marshall St property is $495,000.

What type of property is this?

The property 501 W Marshall St is a house located in Richmond, Virginia, 23220.

Is this property for sale now?

Active Listing: 501 W Marshall 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 501 W Marshall St are:
George W. Carver Elementary School: GreatSchools Rating 2/10
Albert Hill Middle School: GreatSchools Rating 2/10
Open High School: GreatSchools Rating 10/10
Richmond Community High School: GreatSchools Rating 10/10
Armstrong High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,216 (source: MLS/based on county public records data).

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

The last sale was on January 17, 2013 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 W Marshall St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 W Marshall St is 2,558 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 W Marshall St is 1856.

Rocket Homes›Virginia›Richmond›23220›501 W Marshall St

This home is located at 501 W Marshall St in Richmond, VA and zip code 23220 in the Jackson Ward neighborhood. This 2,558 square foot home, which was built in 1856, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $495,000.

While more than 201 listings in Richmond, VA in April 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 85 were sold below. Between March 2024 and April 2024, Richmond, VA real estate market has seen increase in the number of listings by 10%. In April 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $346,381.

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

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