See Home Value
Richmond 23220 Randolph
1416 Wallace Street
$365,000
House - Off Market

1416 Wallace Street

Richmond, VA 23220
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$347,990
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome Home! Looking for love in Randolph? We may have found your match! Walk on up and into a grand open room where you'll find ceiling fans, beautiful hardwood floors and open spaces. Bay window provides lovely natural light and room has optional uses in both formal and casual ability. Hallway provides access to half bath and dining room, while family room leads into the kitchen area. Kitchen has stainless steel appliances including microwave, fridge, dishwasher, and gas stove. Granite countertops provide plenty of prep space and eat at bar is outfitted with underneath storage, a nice treat. Dining room has ceramic tiles and French Doors leading to the rear patio. Three bedrooms reside upstairs with ceiling fans and large closets. Primary bedroom has bay window for sunlight greetings and hallway full bath has separate toilet area and is accessible from hallway and third bedroom. This home is quiet and in a highly walkable area. It is accompanied by an alarm system and detached storage shed. Roof 30yr (2018), HVAC (2018), New water heater, Toilets (2018), Faucets (2023),

Gutters & Downspouts (2022). Perfectly situated next to the Fan district, minutes from Carytown and VCU.
Unit Size
-
Days on Market
40 days
Land Size
0.06 acres
Price per sqft
-
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1989
Last updated: 3 months ago (CVRMLS #2316851)

Price History

Date / Event Date Event Price
Aug 23, 2023 No longer available -
No longer available
Aug 21, 2023 Sold to Rebecca Askin, Ryan Davis $365,000
Sold to Rebecca Askin, Ryan Davis
Jul 22, 2023 In contract -
In contract
Jul 12, 2023 Listed by The RVA Group Realty $349,950
Listed by The RVA Group Realty
Jul 31, 2009 Sold to Mikhail A Egorov $169,500
Sold to Mikhail A Egorov

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1994
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Floating floor/laminate
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,406
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,474
  • Building Area: 1,474
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,474
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WALLACE MANOR
  • Land Acres: 0.055
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALLACE MANOR L4 BB S2 0028.03X0085.83 0000.000

Ownership

  • Current Owner : ASKIN REBECCA
  • Current Owner 2: DAVIS RYAN
  • Previous Owner : GRAY JONATHAN T
  • Owner Before Previous Owner: MILLER JUNE J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 041300

Zoning

  • Zoning: R-48 MULTI

Geography

  • District: 504
  • Parcel: W-000-0609-042
  • Municipality: CENTRAL
  • Latitude: 37.5429
  • Longitude: -77.461

    Address

  • Full Address: 1416 Wallace St
  • Address - House Number: 1416
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C013
  • 4-Digit Zip Code: 6058
  • Zip Code: 23220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,204

    Appraisal Valuation

  • Standard Deviation: 0.0987
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 90
  • Final Value: 356,689
  • High Value: 391,907
  • Low Value: 321,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,900
  • First Open Lien Mortgage Lender: LANGLEY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 21, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $336,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $267,000
  • Market Land Value: $100,000
  • Market Improvement Value: $167,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $167,000

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Transaction ID: 11911609416
  • Current Sale Price: $365,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 12546
  • Previous Sale Recording Date: Jul 31, 2009
  • Previous Sale Contract Date: Jul 21, 2009
  • Previous Sale Amount: $169,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LANGLEY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Aug 21, 2023
  • First Mortgage Loan Amount: $336,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 31, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $166,428
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
-
$430,000 Oct 12, 2023
$430,000 Nov 14, 2023
$357/mo
Townhouse
3 Beds
2 Baths
-
$320,000 Jul 21, 2023
$320,000 Aug 31, 2023
$170/mo
House
Loft
2 Baths
-
$300,000 Sep 21, 2021
$300,000 Oct 20, 2021
$217/mo
House
Loft
3 Baths
-
$335,000 Sep 3, 2021
$335,000 Sep 29, 2021
$274/mo
House
Loft
2 Baths
-
$299,900 Sep 26, 2021
$299,900 Dec 1, 2021
$214/mo
House
3 Beds
2 Baths
-
$349,950 Apr 11, 2024
-
$239/mo
House
3 Beds
2 Baths
-
$356,000 Mar 7, 2024
-
$395/mo
House
2 Beds
2 Baths
-
$350,000 Mar 14, 2024
-
$235/mo
Condo
2 Beds
1 Bath
-
$395,000 Mar 27, 2024
-
$552/mo
Condo
2 Beds
1 Bath
-
$294,900 Mar 14, 2024
-
$458/mo
Condo
1 Bed
2 Baths
-
$375,000 Mar 16, 2024
-
$563/mo

About Fan - Oregon Hill - Carver


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Frequently Asked Questions

When was property at 1416 Wallace Street built and last sold?
The property at 1416 Wallace Street was built in 1989 and last sold on Aug 15, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 1416 Wallace Street is $353,450.
What are some comparable homes to 1416 Wallace Street?
There are currently no comparable homes to 1416 Wallace Street.

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