2 months on rocket

715 Chimborazo Blvd, Richmond, VA, 23223

$999,999

Home List Price

$10,000*

Closing Credit

0 Baths
2,666 SqFt
$375/SqFt
Multi
Schools Nearby

Location

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715 Chimborazo Blvd, Richmond$999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1923
MLS #2404524
Lot Size0.07 Acres
StatusActive

About 715 Chimborazo Blvd

Located in the historic Church Hill neighborhood, this fully-renovated quadplex features four 2-bedroom/1-bathroom apartments. Renovations include custom kitchens (new cabinets, quartz countertops, full size stainless appliances), new washer/dryer units, new hot water heaters, new LVP flooring, and new mini-split heating & cooling units. Residents are responsible for all utilities as each apartment is individually metered for water and electricity. Residents in these apartments are a short distance from countless local restaurants, grocery stores/markets, coffee houses, bars, and other retail spaces. Very few neighborhoods can boast this degree of walkability and offerings to their residents. Growing rental demand far exceeds supply, especially for a unique building such as this.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1923
  • Stories: 2
  • Living Area: 2,666 SqFt

Listing Office:

  • Office Name: One South Commercial LLC
  • Office Phone: (804) 353-0009
  • Listing Agent: Justin Sledd

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

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: $999,999
  • Price Per SqFt: $375/SqFt

Tax Information:

  • Annual Amount: $2,952
  • 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

715 Chimborazo Blvd vs Richmond

63 DAYS ON ROCKET

+41 Days

$999,999

+$656.8K More

$375/SqFt

+$159 More

KEY TAKEAWAY

This property is $656.8K more than the Median Sold Price and $159/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2404524

Listing Office:

  • Office Name: One South Commercial LLC
  • Office Phone: (804) 353-0009
  • Listing Agent: Justin Sledd

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, 11:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 17, 2014Home Sold
$97,950

Tax History

YEARPROP. TAXASSESSMENT
2021$2,952$247,000
2020$2,952$246,000
2019$2,472$219,000
2018$2,472$206,000

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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-1185194
3
/10

  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 0.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1185195
2
/10

  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 1.09 miles

  • Public District Grades 6-8

High School

school-card-donut-1185196
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 0.21 miles

  • Public District Grades 6-12

school-card-donut-1185197
1
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 1.52 miles

  • Public District Grades 9-12

school-card-donut-1185198
10
/10

  • Open High School

  • 600 S Pine St

  • 2.47 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 $25,174. Most Richmond, VA residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23223›715 Chimborazo Blvd

This home is located at 715 Chimborazo Blvd in Richmond, VA and zip code 23223 in the East Side neighborhood. This 2,666 square foot home, which was built in 1923, sits on a 0.07 acre lot. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $999,999.

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. Between February 2024 and March 2024, Richmond, VA real estate market has seen increase in the number of listings by 7.8%. 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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