1 month on rocket

Sale Pending

718 E Gladstone Ave, Richmond, VA, 23222

$162,500

Home List Price

$1,930*

Closing Credit

2 Bedrooms
1 Full Bath
1,100 SqFt
$148/SqFt
House
Schools Nearby

Location

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718 E Gladstone Ave, Richmond$162,500

Buyer Closing Credits

$1,930*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDirt Driveway, Alley, On Street
Year Built1924
HeatingForced Air
CoolingCentral Air
MLS #VARC2000460
StatusSale Pending
(PENDING)

About 718 E Gladstone Ave

Property Description (4,000 character max) Exceptional investment opportunity! This two-bedroom, one-bathroom home, and potential to add another bathroom! Located in the highly sought after Northside of Richmond. Property is priced to SELL , for the next owner to add their personal touches. Roof in good condition. HVAC is newer. Heat Pump is newer. Water Heater is newer. Electrical is updated from Knob and tube. Hardwood Floors were refinished a few years ago. Please seek photos to see all the major upgrades done. Property will sell with current lease. There is a lease until Jan 2025. Amazing opportunity to own a great rental and then possibly fix and flip it if thats what you desire. Tenant pays all utilities. Total rent income gross - $8,400 or $700 per month. Property is very well maintained! Tenant might move out sooner as the seller is fixing up a home for her. Don't miss out on this incredible opportunity to own a home with major improvements done already with quick cash flow and equity! AS-IS sale.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: The Greene Realty Group
  • Office Phone: (860) 560-1006
  • Listing Agent: Derek J. Greene

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Combination Kitchen/Dining, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Sidewalks, Street Lights

Parking Information:

  • Parking: Dirt Driveway, Alley, On Street

Lot Features

Lot Information:

  • Lot: Front Yard, Level

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Richmond Community High School, Public District Grades 9-12
  • John Marshall High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Henderson Middle School, Public District Grades 6-8
  • J.E.B. Stuart Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 64 highway towards Richmond Airport then take the exit towards Mechaniscville Tpke, Take a sharp left on Magnolia St head straight for a mile and then take a right on Rady St. Then head straight to Dill ave and then the roundabout towards meadowbridge rd. You will then arrive to your destination on the left under a mile

Price Information

Listing Price Info

Price Summary:

  • List Price: $162,500
  • Price Per SqFt: $148/SqFt

Tax Information:

  • Annual Amount: $924
  • 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

718 E Gladstone Ave vs Richmond

54 DAYS ON ROCKET

+32 Days

$162,500

-$180.6K Less

$148/SqFt

-$68 Less

KEY TAKEAWAY

This property is $180.6K less than the Median Sold Price and $68/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VARC2000460

Listing Office:

  • Office Name: The Greene Realty Group
  • Office Phone: (860) 560-1006
  • Listing Agent: Derek J. Greene

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. 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, 12:10:20 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 01, 2016Home Sold
$50,000
Sep 17, 2010Home Sold
$13,307
May 22, 2008Home Sold
$120,000
Feb 28, 2005Home Sold
$37,000

Tax History

YEARPROP. TAXASSESSMENT
2021$924$83,000
2020$924$77,000
2019$684$51,000
2018$684$57,000

History based on county public records data.

Payment Calculator

$879

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$554

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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-2918533
5
/10

  • J.E.B. Stuart Elementary School

  • 3101 Fendall Ave

  • 0.77 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2918534
2
/10

  • Henderson Middle School

  • 4319 Old Brook Rd

  • 2.02 miles

  • Public District Grades 6-8

High School

school-card-donut-2918535
10
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 0.53 miles

  • Public District Grades 9-12

school-card-donut-2918536
2
/10

  • John Marshall High School

  • 4225 Old Brook Rd

  • 1.90 miles

  • Public District Grades 9-12

school-card-donut-2918537
10
/10

  • Open High School

  • 600 S Pine St

  • 3.03 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 $32,212. Residents of Richmond, VA typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 718 E Gladstone Ave

What is the listing price of this property?

The listing price of 718 E Gladstone Ave property is $162,500.

What type of property is this?

The property 718 E Gladstone Ave is a house located in Richmond, Virginia, 23222.

Is this property for sale now?

Sale Pending: 718 E Gladstone Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 718 E Gladstone Ave are:
J.E.B. Stuart Elementary School: GreatSchools Rating 5/10
Henderson Middle School: GreatSchools Rating 2/10
Richmond Community High School: GreatSchools Rating 10/10
John Marshall High School: GreatSchools Rating 2/10
Open High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $924 (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 1, 2016 for $50,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 718 E Gladstone Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 718 E Gladstone Ave is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 718 E Gladstone Ave is 1924.

Rocket Homes›Virginia›Richmond›23222›718 E Gladstone Ave

This home is located at 718 E Gladstone Ave in Richmond, VA and zip code 23222 in the Providence Park neighborhood. This 1,100 square foot home was built in 1924. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $162,500.

In March 2024, from all listings sold in Richmond, VA there were more than 158 sold above asking price, over 97 sold below and more than 70 were sold right at the asked price. The inventory of homes for sale in Richmond, VA between February 2024 and March 2024 increased by 7.8%. While the average time on the market in March 2024 was 22 days, the median list price was $343,141.

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

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