13 days on rocket

1005 Westover Hills Blvd, Richmond, VA, 23225

$730,000

0.24 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #2409563
Lot Size0.24 Acres
StatusActive

About 1005 Westover Hills Blvd

Welcome to your opportunity to expand your portfolio with 8-12 condos or apartments coupled with commercial space in the highly sought-after Forest Hill area, just a block off Forest Hill Avenue. This versatile property offers the flexibility to either build a mixed-use development or bring your unique vision to life. Imagine the potential of an owner-occupied commercial space on the ground floor, complemented by rental income from the residences above. With plans already in place for commercial on the ground floor and two-story condos or apartments, you can hit the ground running. Plus, with the special use permit (SUP) already approved, you can streamline the development process. Enjoy the convenience of being within walking distance to popular local spots like Little Nickel, Stella’s Grocery, The Veil Brewing Co., and Blanchard’s Coffee, as well as being close to the picturesque James River. Don't miss out on this prime opportunity to invest in one of Richmond's most popular neighborhoods!

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (804) 405-7337
  • Listing Agent: Jenny Maraghy

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot, Level, Unimproved Land
  • Lot Size: 0.24 Acres

School Info

Assigned Schools Information:

  • Open High School, Public District Grades 9-12
  • Huguenot High School, Public District Grades 9-12
  • Franklin Military Academy, Public District Grades 6-12
  • Westover Hills Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Westover Hills Blvd at Dunston Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $730,000

Tax Information:

  • Annual Amount: $420
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

Med. Sold Price

$346.3K

Med. Price/SqFt

$218

Avg. Days On Market

18

# of Sold Homes

376

1005 Westover Hills Blvd vs Richmond

13 DAYS ON ROCKET

-5 Days

$730,000

+$383.6K More

KEY TAKEAWAY

This property is $383.6K more 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: #2409563

Listing Office:

  • Office Name: Compass
  • Office Phone: (804) 405-7337
  • Listing Agent: Jenny Maraghy

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: 5/3/2024, 1:20:34 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

Dec 17, 2019Home Sold
$72,000

Tax History

YEARPROP. TAXASSESSMENT
2021$420$35,000
2020$420$35,000
2019$420$35,000
2018$420$35,000

History based on county public records data.

Payment Calculator

$3,711

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,255

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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

school-card-donut-5349757
3
/10
  • Westover Hills Elementary School

  • 1211 Jahnke Rd

  • 0.27 miles

  • Public District Grades PK-5

High School

school-card-donut-5349758
10
/10
  • Open High School

  • 600 S Pine St

  • 2.49 miles

  • Public District Grades 9-12

school-card-donut-5349759
1
/10
  • Huguenot High School

  • 7945 Forest Hill Ave

  • 3.07 miles

  • Public District Grades 9-12

school-card-donut-5349760
7
/10
  • Franklin Military Academy

  • 701 N 37th St

  • 4.74 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,485. The majority of Richmond, VA residents have income between $100k-200k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1005 Westover Hills Blvd

What is the listing price of this property?

The listing price of 1005 Westover Hills Blvd property is $730,000.

What type of property is this?

The property 1005 Westover Hills Blvd is land located in Richmond, Virginia, 23225.

Is this property for sale now?

Active Listing: 1005 Westover Hills Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1005 Westover Hills Blvd are:
Westover Hills Elementary School: GreatSchools Rating 3/10
Open High School: GreatSchools Rating 10/10
Huguenot High School: GreatSchools Rating 1/10
Franklin Military Academy: GreatSchools Rating 7/10

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 December 17, 2019 for $72,000. (source: MLS/tax record).

How much acreage is this property?

The property 1005 Westover Hills Blvd is 0.24 acres.
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Rocket HomesVirginiaRichmond232251005 Westover Hills Blvd

This home is located at 1005 Westover Hills Blvd in Richmond, VA and zip code 23225 in the South Side neighborhood. This home sits on a 0.24 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $730,000.

Richmond, VA housing market in April 2024 saw over 201 listings sold above listed price, more than 89 sold at listed price and over 85 sold below. In April 2024 in Richmond, VA there were 10% more homes for sale than in March 2024. 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.

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