12 days on rocket

509 W Clay St, Richmond, VA, 23220

$799,950

Home List Price

$9,499*

Closing Credit

0 Baths
3,793 SqFt
$211/SqFt
Multi
Schools Nearby

Location

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509 W Clay St, Richmond$799,950

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1859
BasementYes
MLS #2411953
Lot Size0.10 Acres
StatusActive

About 509 W Clay St

Come see this amazing multi family opportunity in Richmond's Arts District in Jackson Ward conveniently located between the main VCU academic campus and VCU medical center. This 3793sqft duplex was totally renovated 2015 buy the current owner/builder with new wiring, plumbing, HVAC, kitchens and baths while maintaining the unique details that provide it's historic charm. The front unit features 2400sqft with 4 bedrooms, 3 renovated tiled full baths, kitchen with granite counters and stainless appliances, spread out over three floors including an english walkout basement plus washer/dryer in the unit. The rear two story unit features 1393sqft with 3 bedrooms, one with a huge walk-in closet, 2 renovated tiled full baths, eat-in kitchen with granite counters, stainless appliances and glassed in breakfast nook, two tier balconies, washer/dryer in the unit plus an expiring lease during peak rental season for immediate income growth. This is a tremendous opportunity to add to an existing portfolio or start a new one, without the need for renovations, in a prime location where demand greatly exceeds supply.

Property Details

Property Features

Property Information:

  • Architectural Style: Row House
  • Year Built: 1859
  • Stories: 2
  • Living Area: 3,793 SqFt

Listing Office:

  • Office Name: Hamnett Properties
  • Office Phone: (804) 240-6713
  • Listing Agent: Will Hamnett

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Interior: Eat-in Kitchen, Granite Counters, High Ceilings, Walk-In Closet(s)

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

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

Other

Directions Information:

  • Directions: W Clay between Henry St and Belvidere

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,950
  • Price Per SqFt: $211/SqFt

Tax Information:

  • Annual Amount: $4,272
  • 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

509 W Clay St vs Richmond

12 DAYS ON ROCKET

-6 Days

$799,950

+$453.5K More

$211/SqFt

-$7 Less

KEY TAKEAWAY

This property is $453.5K more than the Median Sold Price and $7/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: #2411953

Listing Office:

  • Office Name: Hamnett Properties
  • Office Phone: (804) 240-6713
  • Listing Agent: Will Hamnett

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: 5/23/2024, 12:55:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 30, 2015Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,272$377,000
2020$972$356,000
2019$1,632$146,000
2018$1,632$136,000

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-460495
1
/10

  • George W. Carver Elementary School

  • 1110 W Leigh St

  • 0.37 miles

  • Public District Grades PK-5

Middle School

school-card-donut-460496
2
/10

  • Albert Hill Middle School

  • 3400 Patterson Ave

  • 2.17 miles

  • Public District Grades 6-8

High School

school-card-donut-460497
9
/10

  • Open High School

  • 600 S Pine St

  • 0.90 miles

  • Public District Grades 9-12

school-card-donut-460498
9
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 1.68 miles

  • Public District Grades 9-12

school-card-donut-460499
3
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 2.27 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. Residents of Richmond, VA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23220›509 W Clay St

This home is located at 509 W Clay St in Richmond, VA and zip code 23220 in the Jackson Ward neighborhood. This 3,793 square foot home, which was built in 1859, sits on a 0.10 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $799,950.

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. The number of listings in Richmond, VA increased by 10% between March 2024 and April 2024. While the average time on the market in April 2024 was 18 days, the median list price was $346,381.

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

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