See Home Value
$595,000
● House - Off Market

5 Commonwealth Avenue

Richmond, VA 23221
bedrooms
3 Beds
bathrooms
2 Baths
$631,227
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Beautiful, Fully-Renovated, Move-in Ready Home in the best Location in Richmond! This 3 Bedroom, 2 Bath Home is completely renovated and minutes/walking distance to Carytown, Shops/Restaurants at Libbie/Grove and Downtown. The Remodeled Kitchen Features incl. Custom Cabinets w/ soft-close Doors & Drawers, New Dishwasher, Gas Stove w/ Double Oven, Under-Cabinet Lighting, Quartz Countertops, Subway Tile Backsplash, Large Island area w/ Butler's Pantry/Mini Refrigerator area.  The Florida Room is just off the Kitchen, was renovated in 2019, is heated/cooled, & has entry to the Backyard area. The Family Room includes a $12,000 Wood-burning FP Renovation to Code, and ($18,000) Sonos Surround Sound System. The Master Bedroom includes a Gas Fireplace and Ensuite Renovated Bathroom. There are 2 more spacious bedrooms and large Laundry Room area. The Private Backyard includes a Patio w/ Firepit, a Separate Tiny House/Shed that is heated/cooled and perfect for an Office, She-Shed, Gym or extra Storage Space. House is entirely Fenced-In, includes Newer Boiler ($12,000), Newer Trane HVAC in 2017, Newer Roof in 2012, and new Rannai Tankless HW Heater.  One-level living in the heart of Richmond!
Unit Size
-
Days on Market
90 days
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1949

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Last updated: 3 years ago (CVRMLS #2225852)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Sold
Sep 16, 2022 Listed by Summit Properties RVA $595,000
Listed by Summit Properties RVA
Jun 5, 2015 Sold
Sold
Mar 16, 2012 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1980
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 15
  • 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: 10,298
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 1,510
  • Total Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: 0151.44X0068.00 0000.000

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 050300

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 105
  • Parcel: W-019-0293-010
  • Municipality: WEST END
  • Latitude: 37.5619
  • Longitude: -77.4995

    Address

  • Full Address: 5 Commonwealth Ave
  • Address - House Number: 5
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C001
  • 4-Digit Zip Code: 2506
  • Zip Code: 23221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $700,800

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 638,804
  • High Value: 761,698
  • Low Value: 515,909

    Market Valuation

  • Market Total Value: $584,000
  • Market Land Value: $290,000
  • Market Improvement Value: $294,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $584,000
  • Assessed Land Value: $290,000
  • Assessed Improvements Value: $294,000

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 26366
  • Previous Sale Recording Date: Jun 05, 2015
  • Previous Sale Contract Date: May 13, 2015
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: 71
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 Near West End


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Frequently Asked Questions

When was property at 5 Commonwealth Avenue built and last sold?
The property at 5 Commonwealth Avenue was built in 1949 and last sold on Dec 12, 2022 for $595,000.
How much is this home worth?
The estimated value of the home located at 5 Commonwealth Avenue is $0.
What are some comparable homes to 5 Commonwealth Avenue?
There are currently no comparable homes to 5 Commonwealth Avenue.