15 days on rocket

3516 E Richmond Rd Unit U8, Richmond, VA, 23223

$125,000

Home List Price

$1,484*

Closing Credit

2 Bedrooms
1 Full Bath
780 SqFt
$160/SqFt
Condo
Schools Nearby

Location

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3516 E Richmond Rd Unit U8, Richmond$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1966
HeatingElectric, Heat Pump
CoolingHeat Pump
MLS #2411191
Lot Size0.02 Acres
StatusActive

About 3516 E Richmond Rd Unit U8

Welcome to 3516 U8 E Richmond Road! This adorable condo offers 2 bedrooms and 1 full bath. BRAND NEW PLANK FLOORING THROUGHOUT and FRESHLY PAINTED! The condo association will provide a low maintenance home that you’re sure to love. As you enter through front door you will know this is the home for you. It offers a spacious living room and fully equipped kitchen with an electric range, microwave, refrigerator, dishwasher and washer/dryer combo. The kitchen also has a storage closet! The full bath has a tile surround shower that will provide a spa like experience after a long day. If this wasn’t enough there is also assigned parking, picnic area, dog park, mail station, car wash, playground and a refuse station. All of this is just minutes from schools, shopping, highways and is on the GRTC bus line. Don’t miss this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1966
  • Stories: 2
  • Living Area: 780 SqFt

Listing Office:

  • Office Name: 1st Class Real Estate Premier Homes
  • Office Phone: (804) 500-6885
  • Listing Agent: Charleen Herriott

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator
  • Basement: No
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump

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

Other

Directions Information:

  • Directions: From E. Nine Mile Road turn on Evergreen Road, Right on E Richmond Road and left at Villas of Oakwood entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $160/SqFt

HOA Fees:

  • Amount: $155
  • Frequency: Monthly
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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

3516 E Richmond Rd Unit U8 vs Richmond

15 DAYS ON ROCKET

-3 Days

$125,000

-$221.3K Less

$160/SqFt

-$58 Less

KEY TAKEAWAY

This property is $221.3K less than the Median Sold Price and $58/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: #2411191

Listing Office:

  • Office Name: 1st Class Real Estate Premier Homes
  • Office Phone: (804) 500-6885
  • Listing Agent: Charleen Herriott

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: 5/18/2024, 3:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$846

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-3008056
3
/10

  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 1.04 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3008057
1
/10

  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 1.59 miles

  • Public District Grades 6-8

High School

school-card-donut-3008058
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 0.58 miles

  • Public District Grades 6-12

school-card-donut-3008059
3
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 1.51 miles

  • Public District Grades 9-12

school-card-donut-3008060
9
/10

  • Open High School

  • 600 S Pine St

  • 3.14 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 $31,550. Typical income of Richmond, VA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3516 E Richmond Rd Unit U8

What is the listing price of this property?

The listing price of 3516 E Richmond Rd Unit U8 property is $125,000.

What type of property is this?

The property 3516 E Richmond Rd Unit U8 is a condo located in Richmond, Virginia, 23223.

Is this property for sale now?

Active Listing: 3516 E Richmond Rd Unit U8 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3516 E Richmond Rd Unit U8 are:
Chimborazo Elementary School: GreatSchools Rating 3/10
Martin Luther King Jr. Middle School: GreatSchools Rating 1/10
Franklin Military Academy: GreatSchools Rating 7/10
Armstrong High School: GreatSchools Rating 3/10
Open High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 3516 E Richmond Rd Unit U8 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3516 E Richmond Rd Unit U8 is 780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3516 E Richmond Rd Unit U8 is 1966.

Rocket Homes›Virginia›Richmond›23223›3516 E Richmond Rd Unit U8

This home is located at 3516 E Richmond Rd Unit U8 in Richmond, VA and zip code 23223 in the East Side neighborhood. This 780 square foot home, which was built in 1966, sits on a 0.02 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $125,000.

In April 2024, from all listings sold in Richmond, VA there were more than 201 sold above asking price, over 85 sold below and more than 89 were sold right at the asked price. In April 2024 in Richmond, VA there were 10% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $346,381, while the average time on the real estate market was 18 days.

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

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