Check Availability
$189,950
House - In Contract

3308 5th Avenue

Richmond, VA 23222
bedrooms
3 Beds
bathrooms
2 Baths
$1,063
Estimated Monthly
$0
HOA / Fees
11.78%
Cap Rate

About This Property

?? Welcome to your next investment opportunity! This charming 3-bedroom, 2-bathroom, full basement property is perfect for investors seeking rental income or renovation potential. The spacious layout offers versatility for rental or resale, with ample room for customization and enhancement to maximize returns on investment. Don't miss out on this fantastic opportunity to add value to your investment portfolio! Schedule a viewing today.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1928
Listed By
Kirby Dickerson
Kirby Dickerson
Luxe Living Realty Group
Gail Atkins
United Real Estate Richmond
Last updated: 2 months ago (CVRMLS #2403774)

Price History

Date / Event Date Event Price
Feb 14, 2024 Listed by Luxe Living Realty Group $189,950
Listed by Luxe Living Realty Group

Property Highlights

Air Conditioning
Fireplace
Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 2

Interior Information

Appliances: Gas Water Heater
Flooring Type: PartiallyCarpeted, Wood
Living Area Square Feet: 1224
Living Area Square Feet Source: Assessor

Room Information

Rooms: 7

Fireplace Information

Has Fireplace
Wood Burning
Fireplaces: 1

Basement Information

Has Basement
Full
Exterior Details

Property Information

Property Condition: Resale
Year Built: 1950

Building Information

Roof: Composition
Construction Materials: Drywall, Wood Siding
Outdoor Living Structures: Front Porch

Pool Information

Pool Features: None

Lot Information

Lot Size Acres: 0.1435

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 1,224
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,224
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND PARK ADD EXT L22-23 BA 0050.00X0125.00 0000.000

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 010900

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 604
  • Parcel: N-005-1184-014
  • Municipality: GATEWAY
  • Latitude: 37.5701
  • Longitude: -77.4103

    Address

  • Full Address: 3308 5th Ave
  • Address - House Number: 3308
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C014
  • 4-Digit Zip Code: 4132
  • Zip Code: 23222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,560

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 67
  • Final Value: 224,186
  • High Value: 275,989
  • Low Value: 172,382

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $61,000
  • Market Improvement Value: $69,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,000
  • Assessed Land Value: $61,000
  • Assessed Improvements Value: $69,000

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
825 ft²
$188/ft²
$155,000 Nov 20, 2023
$155,000 Dec 18, 2023
-
House
4 Beds
1 Bath
1,766 ft²
$125/ft²
$220,000 Dec 18, 2023
$220,000 Jan 25, 2024
-
House
2 Beds
1 Bath
712 ft²
$313/ft²
$223,000 Sep 15, 2023
$223,000 Nov 14, 2023
-
Other
Loft
2 Baths
-
$150,000 Jan 2, 1997
$150,000 Feb 14, 1997
$214/mo
House
2 Beds
1 Bath
-
$179,000 Nov 12, 2023
-
$135/mo
House
2 Beds
1 Bath
1,232 ft²
$162/ft²
$199,950 Feb 24, 2024
-
$139/mo
House
2 Beds
1 Bath
1,100 ft²
$148/ft²
$162,500 Mar 5, 2024
-
-
Commercial
Loft
-
-
$159,999 Mar 7, 2024
-
-

About Northside


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Nearby Rentals



Frequently Asked Questions

When was property at 3308 5th Avenue built and last sold?
The property at 3308 5th Avenue was built in 1928 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3308 5th Avenue is $191,850.
What are some comparable homes to 3308 5th Avenue?
Homes that are comparable to 3308 5th Avenue include a house property at 718 East Gladstone Avenue, a commercial property at 3057 Meadowbridge Road, a house property at 3319 Croydon Road.

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