26 days on rocket

505 Savannah Ave, Richmond, VA, 23222

$160,000

0.28 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #2408237
Lot Size0.28 Acres
StatusActive

About 505 Savannah Ave

.186 ac lot zoned B3 for business use, located at Richmond- Henrico Turnpike and Savannah Ave, apr. a half mile from Richmond Raceway and Amazon Robotics Center, and with apr. 10,000 vpd passing. Street parking is available on Savannah Ave. This corridor connects significant residential and retail development nearby. There is a $22.5 million enhancement project from Richmond-Henrico Turnpike and Laburnum Ave south, with plans for 6 lanes, sidewalks, bike lanes, landscaping, and a new water main.

Property Details

Property Features

Listing Office:

  • Office Name: HAAS Realty Group
  • Office Phone: (804) 349-5788
  • Listing Agent: Susan Haas

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

School Info

Assigned Schools Information:

  • Henrico High School, Public Magnet Grades 9-12
  • L. Douglas Wilder Middle School, Public District Grades 6-8
  • Glen Lea Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000

Tax Information:

  • Annual Amount: $129
  • 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

505 Savannah Ave vs Richmond

26 DAYS ON ROCKET

+4 Days

$160,000

-$183.1K Less

KEY TAKEAWAY

This property is $183.1K less 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: #2408237

Listing Office:

  • Office Name: HAAS Realty Group
  • Office Phone: (804) 349-5788
  • Listing Agent: Susan Haas

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: 4/29/2024, 6:25:17 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

Jul 07, 2021Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$129$15,000
2020$132$15,000
2019$132$15,000
2018$132$15,000
2017$121$13,800

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-3258708
2
/10
  • Glen Lea Elementary School

  • 3909 Austin Ave

  • 1.29 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3258709
5
/10
  • L. Douglas Wilder Middle School

  • 6900 Wilkinson Rd

  • 2.67 miles

  • Public District Grades 6-8

High School

school-card-donut-3258710
2
/10
  • Henrico High School

  • 302 Azalea Ave

  • 1.54 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,694. The majority of Richmond, VA residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Savannah Ave

What is the listing price of this property?

The listing price of 505 Savannah Ave property is $160,000.

What type of property is this?

The property 505 Savannah Ave is land located in Richmond, Virginia, 23222.

Is this property for sale now?

Active Listing: 505 Savannah 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 505 Savannah Ave are:
Glen Lea Elementary School: GreatSchools Rating 2/10
L. Douglas Wilder Middle School: GreatSchools Rating 5/10
Henrico High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $129 (source: MLS/based on county public records data).

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

The last sale was on July 7, 2021 for $40,000. (source: MLS/tax record).

How much acreage is this property?

The property 505 Savannah Ave is 0.28 acres.
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Rocket HomesVirginiaRichmond23222505 Savannah Ave

This home is located at 505 Savannah Ave in Richmond, VA and zip code 23222 in the North Side neighborhood. This home sits on a 0.28 acre lot. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $160,000.

In March 2024 more than 158 listings in Richmond, VA were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 97 were sold below. The number of listings in Richmond, VA increased by 7.8% between February 2024 and March 2024. In March 2024 median list price was $343,141 and the average listing age was 22 days.

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

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