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Richmond 23222 Providence Park
714 Bancroft Avenue
$169,950
● House - Off Market

714 Bancroft Avenue

Richmond, VA 23222
bedrooms
2 Beds
bathrooms
1 Bath
$189,506
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Cozy bungalow style RANCH and move in ready!!! Got your attention?

This adorable 2 bedroom, 1 bath property has so much to offer and perfect for investors or first time home buyers. Updated with new windows, HVAC, vinyl siding, paint and refinished wood floors. Front porch has new decking and is a quaint outdoor space for visiting with friends, family and new neighbors.

Set up your appointment today so you don't miss this great opportunity.
Unit Size
-
Days on Market
39 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #2131161)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Oct 11, 2021 Listed by ERA Woody Hogg & Assoc $169,950
Listed by ERA Woody Hogg & Assoc
Nov 30, 2010 Sold
Premium
Sold
Dec 2, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1965
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 878
  • Building Area: 878
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 878
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST HIGHLAND PARK
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: W HIGHLAND PARK L9PT10 BC 0040.00X0120.00 0000.000

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 010800

Zoning

  • Zoning: R-5 SINGLE

Geography

  • District: 304
  • Parcel: N-000-1261-022
  • Municipality: NORTHSIDE
  • Latitude: 37.5757
  • Longitude: -77.4215

    Address

  • Full Address: 714 Bancroft Ave
  • Address - House Number: 714
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C018
  • 4-Digit Zip Code: 2813
  • Zip Code: 23222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $211,200

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 175,857
  • High Value: 206,311
  • Low Value: 145,402

    Market Valuation

  • Market Total Value: $176,000
  • Market Land Value: $58,000
  • Market Improvement Value: $118,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,000
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $118,000

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 210033358
  • Previous Sale Recording Date: Nov 30, 2010
  • Previous Sale Contract Date: Nov 05, 2010
  • Previous Sale Amount: $25,100
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Northside

Stats & Trends

Median Asking:

$399,950

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1821 ft²

Average Home Age

54.7 years

Currently For Sale

54 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

Unit for rent at 3510 Chamberlayne Avenue, Richmond, VA, 23227

$1,275 /mo

  • 2 Beds
  • 1 Bath
  • 849 ft²
3510 Chamberlayne Avenue #S, Richmond, VA, 23227 Listing by Debbie Gitlin
Unit for rent at 3119-b 4th Avenue, Richmond, VA, 23222

$1,275 /mo

  • 2 Beds
  • 1 Bath
  • 820 ft²
3119-B 4th Avenue, Richmond, VA, 23222 Listing by Kevin Dowell

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Woody Hogg, ERA Woody Hogg & Assoc
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2131161
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 714 Bancroft Avenue built and last sold?
The property at 714 Bancroft Avenue was built in 1925 and last sold on Nov 15, 2021 for $169,950.
How much is this home worth?
The estimated value of the home located at 714 Bancroft Avenue is $0.
What are some comparable homes to 714 Bancroft Avenue?
There are currently no comparable homes to 714 Bancroft Avenue.
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