Development opportunity in prime Opportunity Zone Location just across the bridge from Virginia Commonwealth University Medical College and downtown Richmond. Listed renderings are from C.A.R. approved plans which are available upon request. R63 Zoning. Approved development is a by right development with some small tweaks to the property. 1000 square foot commercial space with 8 apartments and large shared roof terrace and courtyard would be an incredible little mixed used development. Or redesign to suite. Property should accommodate single family homes, apartments, commercial or mixed use. This development should work great in the short term and has massive upside for the long term. Adjacent parcel 1912 Carrington St Richmond VA 23223 ( PID E0000370021) to convey with the sale.
Property Details
Property Features
Listing Office:
Office Name: Long & Foster REALTORS
Office Phone: (804) 346-4411
Listing Agent: Dave Seibert
Interior Features
Interior Information:
Basement: No
Lot Features
Lot Information:
Lot Size: 0.09 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
George Mason Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: E Broad St to 18th Street, Right on Venable St, Left on Mosby. Property is on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $299,950
Tax Information:
Annual Amount: $420
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Richmond, VA.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,565
Per Month
Principal & Interest
$1,498
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$966
Powered By
Advertisement
NMLS#3030
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
1
/10
George Mason Elementary School
813 N 28th St
Distance between this listing and this school0.58 miles
Public District Grades PK-5
Middle School
2
/10
Martin Luther King Jr. Middle School
1000 Mosby St
Distance between this listing and this school0.18 miles
Public District Grades 6-8
High School
7
/10
Franklin Military Academy
701 N 37th St
Distance between this listing and this school1.16 miles
Public District Grades 6-12
1
/10
Armstrong High School
2300 Cool Ln
Distance between this listing and this school1.25 miles
Public District Grades 9-12
10
/10
Open High School
600 S Pine St
Distance between this listing and this school1.71 miles
Public District Grades 9-12
Assigned Schools
1
/10
George Mason Elementary School
813 N 28th St
Distance between this listing and this school0.58 miles
Public District Grades PK-5
Nearby Schools
2
/10
Bellevue Elementary School
2301 E Grace St
Distance between this listing and this school0.57 miles
Public District Grades PK-5
3
/10
Chimborazo Elementary School
3000 E Marshall St
Distance between this listing and this school0.76 miles
Public District Grades PK-5
Assigned Schools
2
/10
Martin Luther King Jr. Middle School
1000 Mosby St
Distance between this listing and this school0.18 miles
Public District Grades 6-8
Nearby Schools
3
/10
Binford Middle School
1701 Floyd Ave
Distance between this listing and this school2.42 miles
Public District Grades 6-8
2
/10
Fairfield Middle School
5121 Nine Mile Rd
Distance between this listing and this school3.34 miles
Public District Grades 6-8
Assigned Schools
7
/10
Franklin Military Academy
701 N 37th St
Distance between this listing and this school1.16 miles
Public District Grades 6-12
1
/10
Armstrong High School
2300 Cool Ln
Distance between this listing and this school1.25 miles
Public District Grades 9-12
10
/10
Open High School
600 S Pine St
Distance between this listing and this school1.71 miles
The neighbors living near this home have an average income of $17,688. The most common annual income of people living in Richmond, VA is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 801 Mosby St
What is the listing price of this property?
The listing price of 801 Mosby St property is $299,950.
What type of property is this?
The property 801 Mosby St is land located in Richmond, Virginia, 23223.
Is this property for sale now?
Active Listing: 801 Mosby 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 801 Mosby St are: George Mason Elementary School: GreatSchools Rating 1/10Martin Luther King Jr. Middle School: GreatSchools Rating 2/10Franklin Military Academy: GreatSchools Rating 7/10Armstrong High School: GreatSchools Rating 1/10Open 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 $420 (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 20, 2016 for $20,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 801 Mosby St in Richmond, VA and zip code 23223 in the Union Hill neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since December 01, 2021 and is currently priced at $299,950.
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 inventory of homes for sale in Richmond, VA between March 2024 and April 2024 increased by 10%. In April 2024 median list price was $346,381 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.