See Home Value
$570,000
● House - Off Market

516 Brook Road

Richmond, VA 23220
bedrooms
4 Beds
bathrooms
3 Baths
$595,521
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Welcome to 516 Brook Rd! Home to this historic mixed-use building, converted into an incredible SF home on a double lot over looking Abner Clay Park! Just blocks away from VCU & Richmond's Arts District, this property is in the heart of the City & walkable to all of Richmond's finest urban amenities. With just under 3,400 SF of finished living space on the first 2 levels plus another 800 sq. feet in the basement, this unique property offers a variety of opportunities to its next owner/investor. Enjoy this home as your own private residence, utilize the additional side lot to build an additional unit or seek approval to convert the building back to mixed use/commercial & use it as a gallery/studio or other commercial use. Boasting some of the largest residential windows and skylights in all of Richmond, you will love the natural light and sweeping views.  Built with storage in mind, plentiful closet space, basement storage, attached/detached sheds as well as an operable dumbwaiter that services all 3 floors! Loaded with character, you are sure to love the wood floors, high ceilings, & exposed brick. Exterior living spaces include rear deck, large side yard and off-street parking!
Unit Size
-
Days on Market
53 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1915

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Last updated: 3 years ago (CVRMLS #2232455)

Price History

Date / Event Date Event Price
Feb 7, 2023 Sold
Sold
Dec 13, 2022 Listed by Long & Foster REALTORS1 $569,950
Listed by Long & Foster REALTORS1
Nov 18, 2002 Sold
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 21
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 6
  • Basement Area: 886
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,751
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,390
  • Building Area: 3,390
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,390
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 120
  • Legal Description 1: 0065.00X0136.00 IRG0000.000

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 030200

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 213
  • Parcel: N-000-0182-008
  • Municipality: NORTH CENTRAL
  • Latitude: 37.5497
  • Longitude: -77.4432

    Address

  • Full Address: 516 Brook Rd
  • Address - House Number: 516
  • Address - Street Name: Brook
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Richmond
  • Carrier Code: C008
  • 4-Digit Zip Code: 3907
  • Zip Code: 23220

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,800

    Appraisal Valuation

  • Standard Deviation: 0.0987
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 90
  • Final Value: 582,790
  • High Value: 640,332
  • Low Value: 525,249

    Market Valuation

  • Market Total Value: $414,000
  • Market Land Value: $90,000
  • Market Improvement Value: $324,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,000
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $324,000

    Sales

  • Current Sale Recording Date: Nov 18, 2002
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36284
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 Downtown Richmond


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Frequently Asked Questions

When was property at 516 Brook Road built and last sold?
The property at 516 Brook Road was built in 1915 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 516 Brook Road is $0.
What are some comparable homes to 516 Brook Road?
There are currently no comparable homes to 516 Brook Road.