See Home Value
Richmond 23220 Randolph
1502 Wallace Street
$384,900
● House - Off Market

1502 Wallace Street

Richmond, VA 23220
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,190
Est. Monthly
5.77%
Cap Rate

About This Property

1502 Wallace Street is ready for you! This beautiful updated brick-front home with it's inviting full front porch is located minutes from VCU, Byrd and Maymont Parks, Hollywood Cemetery, Petronius S. Jones Park, a local swimming pool with adjacent basketball courts, The Fan, various local eateries, and Downtown! Beautifully redone from top to bottom! Freshly painted throughout with a lovely open floor plan. Polished engineered wood flooring, NEW Recessed lighting, plus New lighting fixtures! Updated kitchen offers gleaming, granite counter tops, art deco style cabinets (with rolling trash cabinet, roll out horizontal shelves), appliances (gas stove top with a hood, a sophisticated Bosch oven, disposal, dishwasher, refrigerator), plus an eat-in area with updated overhead fan/light fixture. Three bedrooms on the second floor, NEW carpeting & lighting fixtures. Spacious primary Bedroom has built-in storage in closet. One and a half baths boast NEW marble tile flooring, NEW toilets, NEW sinks, and NEW vanities! The bathtub has a NEW glass sliding door.

There's On-Street parking AND a PAVED CAR PAD located off your private rear deck.

This home qualifies for excellent lender programs, including grants, no PMI, and/or below market rates for approved buyers.

This home is MOVE-IN READY and a MUST SEE!
Unit Size
-
Days on Market
42 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

Last updated: 2 years ago (CVRMLS #2428319)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Sold
Nov 10, 2024 In contract -
In contract
Oct 28, 2024 Listed by Liz Moore & Associates $384,900
Listed by Liz Moore & Associates
May 28, 2008 Sold
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1994
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,056
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLACE MANOR SD
  • Land Acres: 0000000070
  • Standard Land Use Code: 1001
  • County Land Use Code: 120
  • Legal Description 1: WALLACE MANOR L19 BA S11 0035.60X0085.83 0000.000

Neighborhood

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

Zoning

  • Zoning: R-48 MULTI

Geography

  • District: 504
  • Parcel: W-000-0606-026
  • Municipality: CENTRAL
  • Latitude: 37.5431
  • Longitude: -77.4618

    Address

  • Full Address: 1502 Wallace St
  • Address - House Number: 1502
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C013
  • 4-Digit Zip Code: 6060
  • Zip Code: 23220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $297,600

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 67
  • Final Value: 371,443
  • High Value: 457,803
  • Low Value: 285,084

    Market Valuation

  • Market Total Value: $248,000
  • Market Land Value: $100,000
  • Market Improvement Value: $148,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $148,000

    Sales

  • Current Sale Contract Date: Apr 16, 2008
  • Current Sale Recording Date: May 28, 2008
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fan - Oregon Hill - Carver


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Frequently Asked Questions

When was property at 1502 Wallace Street built and last sold?
The property at 1502 Wallace Street was built in 1988 and last sold on Apr 16, 2008 for $164,950.
How much is this home worth?
The estimated value of the home located at 1502 Wallace Street is $0.
What are some comparable homes to 1502 Wallace Street?
There are currently no comparable homes to 1502 Wallace Street.