2 months on rocket

1216 Oakwood Ave, Richmond, VA, 23223

$559,000

Home List Price

$6,638*

Closing Credit

4 Bedrooms
4 Full Baths
2,274 SqFt
$246/SqFt
House

Location

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1216 Oakwood Ave, Richmond$559,000

Buyer Closing Credits

$6,638*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1930
HeatingElectric, Heat Pump, Zoned
CoolingZoned
FireplaceDecorative
MLS #2421647
Lot Size0.08 Acres
StatusActive

About 1216 Oakwood Ave

Absolutely beautiful completely renovated and expanded home in Church Hill North neighborhood offering incredible quality. Just completed, this home boasting 2278 SF of living space, 4 spacious bedrooms, and 4 full baths, there’s a lot to love about this gem on a corner lot of Oakwood and R Street. Step inside off the large front porch where you’ll enjoy abundant natural light from the southern exposure, luxury vinyl wood plank flooring throughout, everything in this home is new (Dimensional Shingle Roof 2024, HVAC 2024, HW 2024, plumbing & electrical - everything is new!). It’s all open to the stylish kitchen offering 42” cabinets with soft-close drawers, granite counters, tile backsplash, large sink, island w/ pendants, SS appliances. A spacious full bath is provided on the first floor, as well as the laundry room. Upstairs you’ll find a large primary suite in the front of the house, with two sets of closets, fireplace, and beautiful custom tiled bathroom featuring large shower and slipper soaking tub. An additional large bedroom with ensuite full bath is also part of this beautiful home. Rounding off the 2nd floor are two additional bedrooms with a hall bath, featuring another custom tiled shower to complete this floor. Right off the kitchen area is a pair of French doors that lead you to the professionally landscaped backyard with gorgeous sod. This yard is fully enclosed with a privacy height wood fencing. The large deck would provide ample opportunities for your entertaining purposes, in addition is a detached studio, measuring about 230 sq ft and a seperate storage closet for your yard supplies or bikes! As a corner lot, you've also got access to plenty of off-street parking.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1930
  • Stories: 2
  • Living Area: 2,274 SqFt

Listing Office:

  • Office Name: Providence Hill Real Estate
  • Office Phone: (804) 512-4999
  • Listing Agent: Susan Hinz

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Range Hood, Cooktop, Stove, Washer
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Wet Bar, Ceiling Fan(s), Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Recessed Lighting
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Franklin Military Academy, Public District Grades 6-12
  • Armstrong High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Martin Luther King Jr. Middle School, Public District Grades 6-8
  • Chimborazo Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,000
  • Price Per SqFt: $246/SqFt

Tax Information:

  • Annual Amount: $1,992
  • Tax Year: 2021
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Housing Market Comparison

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

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Richmond, VA

City

Med. Sold Price

$357.2K

Med. Price/SqFt

$225

Avg. Days On Market

26

# of Sold Homes

387

1216 Oakwood Ave vs Richmond

74 DAYS ON ROCKET

+48 Days

$559,000

+$201.7K More

$246/SqFt

+$21 More

KEY TAKEAWAY

This property is $201.7K more than the Median Sold Price and $21/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2421647

Listing Office:

  • Office Name: Providence Hill Real Estate
  • Office Phone: (804) 512-4999
  • Listing Agent: Susan Hinz

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: 11/5/2024, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2021Home Sold
$212,921

Tax History

YEARPROP. TAXASSESSMENT
2021$1,992$175,000
2020 - $166,000
2019$471$142,000
2018$472$131,000

History based on county public records data.

Payment Calculator

$2,857

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,742

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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.

Elementary School

school-card-donut-2093224
3
/10

  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 0.62 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2093225
1
/10

  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 1.13 miles

  • Public District Grades 6-8

High School

school-card-donut-2093226
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 0.36 miles

  • Public District Grades 6-12

school-card-donut-2093227
3
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 1.30 miles

  • Public District Grades 9-12

school-card-donut-2093228
9
/10

  • Open High School

  • 600 S Pine St

  • 2.66 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,550. The majority of Richmond, VA residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1216 Oakwood Ave

What is the listing price of this property?

The listing price of 1216 Oakwood Ave property is $559,000.

What type of property is this?

The property 1216 Oakwood Ave is a house located in Richmond, Virginia, 23223.

Is this property for sale now?

Active Listing: 1216 Oakwood Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1216 Oakwood Ave are:
Chimborazo Elementary School: GreatSchools Rating 3/10
Martin Luther King Jr. Middle School: GreatSchools Rating 1/10
Franklin Military Academy: GreatSchools Rating 7/10
Armstrong High School: GreatSchools Rating 3/10
Open High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,992 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2021 for $212,921. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1216 Oakwood Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1216 Oakwood Ave is 2,274 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1216 Oakwood Ave is 1930.

Rocket Homes›Virginia›Richmond›23223›1216 Oakwood Ave

This home is located at 1216 Oakwood Ave in Richmond, VA and zip code 23223 in the East Side neighborhood. This 2,274 square foot home, which was built in 1930, sits on a 0.08 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $559,000.

In October 2024 more than 165 listings in Richmond, VA were sold above the asking price. During the same period more than 81 listings were sold at asking price, while more than 137 were sold below. The number of listings in Richmond, VA increased by 5.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $357,226, while the average time on the real estate market was 26 days.

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

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