10 months on rocket

1 W Main St, Richmond, VA, 23220

$1,395,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths, 1 Partial
11,454 SqFt
$122/SqFt
House

Location

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1 W Main St, Richmond$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1841
HeatingOil, Zoned
CoolingZoned
BasementYes
FireplaceDecorative
MLS #2400175
StatusActive

About 1 W Main St

Residential, Company Headquarters, Hospitality and/or development opportunity in the heart of Richmond's Historic District. This is a National and Virginia Historic Landmark property and as such has easements which can be found in the supplements. Built in 1841, this elaborate Greek Revival Mansion still retains all of its original details. Turn the charming carriage house and the English basement into rental units. 14-foot ceilings, hanging stair and beautiful proportions round out this two-story, rectangular brick structure with a hipped roof and interior chimneys. It was the residence of the Pulitizer Prize winning Ellen Glasgow from 1887-1945. A rectangular ell was added to the rear of the house in approximately 1900. The carriage house stands behind this extension. Please see floor plan in supplements. Also available is a 36-car parking lot adjacent to this property. While the seller wishes not to sell the lot util the house is sold, it remains one of the few undeveloped parcels in the district and can be creatively combined with the house as a development opportunity for a restaurant, corporate headquarters, caterers, breweries, short term rentals and retail to name a few.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1841
  • Stories: 3
  • Living Area: 11,454 SqFt

Listing Office:

  • Office Name: Shaheen Ruth Martin & Fonville
  • Office Email: info@srmfre.com
  • Listing Agent: Douglas Dorsey

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Bookcases, Built-in Features, High Ceilings
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Out Building(s), Porch

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Additional Land

Utilities

Utilities Information:

  • Heating: Oil, Zoned
  • Cooling: Zoned

Other

Directions Information:

  • Directions: Corner of Foushee and Main

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $122/SqFt

Tax Information:

  • Annual Amount: $18,025
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

Med. Sold Price

$357.2K

Med. Price/SqFt

$225

Avg. Days On Market

26

# of Sold Homes

387

1 W Main St vs Richmond

321 DAYS ON ROCKET

+295 Days

$1,395,000

+$1.0M More

$122/SqFt

-$103 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $103/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2400175

Listing Office:

  • Office Name: Shaheen Ruth Martin & Fonville
  • Office Email: info@srmfre.com
  • Listing Agent: Douglas Dorsey

IDX 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 Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$18,025$1,442,000
2020$18,025$1,442,000
2019$18,025$1,442,000
2018$18,025$1,442,000

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-396773
1
/10
  • George W. Carver Elementary School

  • 1110 W Leigh St

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-396774
5
/10
  • William Fox Elementary School

  • 2300 Hanover Ave

  • 1.50 miles

  • Public District Grades KG-5

school-card-donut-396775
4
/10
  • Bellevue Elementary School

  • 2301 E Grace St

  • 1.51 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,232. Typical income of Richmond, VA residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1 W Main St

What is the listing price of this property?

The listing price of 1 W Main St property is $1,395,000.

What type of property is this?

The property 1 W Main St is a house located in Richmond, Virginia, 23220.

Is this property for sale now?

Active Listing: 1 W Main St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $18,025 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1 W Main St has 6 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 1 W Main St is 11,454 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 W Main St is 1841.

Rocket HomesVirginiaRichmond232201 W Main St

This home is located at 1 W Main St in Richmond, VA and zip code 23220 in the Monroe Ward neighborhood. This 11,454 square foot home was built in 1841. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 05, 2024 and is currently priced at $1,395,000.

While more than 165 listings in Richmond, VA in October 2024 were sold above asking price, there were more than 81 listings sold at asking price, and more than 137 were sold below. In October 2024 in Richmond, VA there were 5.8% more homes for sale than in September 2024. Listings spent 26 days on the market in October 2024, and had a median list price of $357,226 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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