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Highland Springs 23223
315 Natchez Road
$255,599
● House - Off Market

315 Natchez Road

Richmond, VA 23223
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$253,338
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Picture Perfect, Stately Ranch Home situated on a double lot in quiet mature neighborhood. This terrific home features spacious Living Room with hardwood flooring and wood burning brick fireplace with huge picture window and flows nicely into the cozy Kitchen with adorable retro stove and tiled backsplash. Recreation room with built-ins is perfect for Den or office. 3 Bedrooms all with exposed hardwood or hardwood under the carpet. Primary Bedroom offers small 1/2 bath. Detached Garage is 31x27 with 2 bay doors and pedestrian door and floored storage above. Plentiful parking. Brand New HVAC installed 2/2023. Spacious deck overlooking peaceful back yard. Close to interstates, dining and shopping. You do not want to miss this great opportunity.
Unit Size
-
Days on Market
58 days
Land Size
0.76 acres
Price per sqft
-
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CVRMLS #2304589)

Price History

Date / Event Date Event Price
May 3, 2023 Sold
Premium
Sold
Mar 1, 2023 Listed by Virginia Capital Realty $249,000
Listed by Virginia Capital Realty
Apr 24, 1998 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1979
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,232
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,267
  • Total Building Area: 1,176
  • Gross Building Area: 1,512
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHREVEPORT PARK
  • Land Acres: 0000000763
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 0141030000C 0007; SHREVEPORT PARK BL C LT 6 7 8 12 A1 40

Neighborhood

  • School District Name: Henrico County Public Schools
  • Census Tract: 201203

Zoning

  • Zoning: R-2

Geography

  • Account Number: RO0501002
  • District: VARINA
  • Parcel: 813-727-8770
  • Lot: 6-8,12
  • Municipality: FAIRFIELD
  • Latitude: 37.5552
  • Longitude: -77.3582

    Address

  • Full Address: 315 Natchez Rd
  • Address - House Number: 315
  • Address - Street Name: Natchez
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Richmond
  • Carrier Code: C022
  • 4-Digit Zip Code: 3351
  • Zip Code: 23223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $179,114

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 264,248
  • High Value: 308,089
  • Low Value: 220,406

    Market Valuation

  • Market Total Value: $215,800
  • Market Land Value: $80,000
  • Market Improvement Value: $135,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,800
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $135,800

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: May 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 9604
  • Previous Sale Recording Date: Apr 24, 1998
  • Previous Sale Amount: $81,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Highland Springs

Stats & Trends

Median Asking:

$274,925

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1092 ft²

Average Home Age

57.4 years

Currently For Sale

12 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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CVR

Listed by: Tammy Johnson, Virginia Capital Realty
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2304589
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 Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 315 Natchez Road built and last sold?
The property at 315 Natchez Road was built in 1962 and last sold on Apr 25, 2023 for $255,599.
How much is this home worth?
The estimated value of the home located at 315 Natchez Road is $0.
What are some comparable homes to 315 Natchez Road?
There are currently no comparable homes to 315 Natchez Road.
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