2 months on rocket

1229 Stanhope Ave, Richmond, VA, 23227

$518,000

Home List Price

$6,151*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,488 SqFt
$348/SqFt
House

Location

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1229 Stanhope Ave, Richmond$518,000

Buyer Closing Credits

$6,151*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAlley Access, Off Street, On Street
Year Built1932
HeatingNatural Gas, Radiant
CoolingCentral Air
BasementYes
MLS #2422301
Lot Size0.16 Acres
StatusActive

About 1229 Stanhope Ave

Charming 1932 Cape in Bellevue with Potential for Expansion! This adorable home offers the perfect mix of city living in one of Richmond's hottest neighborhoods. After a long day, unwind with your favorite beverage on the back deck, your cozy sunroom or add a firepit on the concrete slab in the backyard (which could also be used for a shed or garage). The all-brick Cape exudes character, featuring arched doorways, hardwood floors, and a unique ship design on the exterior chimney. The interior is filled with natural light and well maintained hardwood floors. The oversized fully floored attic, offers the potential to be finished or leave for an amazing amount of storage space. Additionally, the large basement presents another opportunity for customization that is plumbed for a 1/2 bath. The quaint kitchen boasts a pantry, eat in nook and just waiting for your vision. The private, fenced backyard is perfect for entertaining or simply relaxing. You'll love the convenience of being close to Bellevue's restaurants, yoga studio, organic grocery, wine store, and the scenic Bryan Park. Easy access to I-95, Lewis Ginter Botanical Gardens, Scott’s Addition, and The Diamond make this an unbeatable location!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1932
  • Living Area: 1,488 SqFt

Listing Office:

  • Office Name: Neumann & Dunn Real Estate
  • Office Phone: (804) 754-1835
  • Listing Agent: Melanie Davis

Interior Features

Interior Information:

  • Appliances: Gas Range, Gas Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Separate/Formal Dining Room, Fireplace, Main Level Primary, Pantry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck

Parking Information:

  • Parking: Alley Access, Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hermitage Rd to Bellevue Ave, Left on Newport Ave, Right on Stanhope, house is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $518,000
  • Price Per SqFt: $348/SqFt

Tax Information:

  • Annual Amount: $3,348
  • 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

1229 Stanhope Ave vs Richmond

73 DAYS ON ROCKET

+47 Days

$518,000

+$160.7K More

$348/SqFt

+$123 More

KEY TAKEAWAY

This property is $160.7K more than the Median Sold Price and $123/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: #2422301

Listing Office:

  • Office Name: Neumann & Dunn Real Estate
  • Office Phone: (804) 754-1835
  • Listing Agent: Melanie Davis

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: 11/17/2024, 11:55:49 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$3,348$282,000
2020$3,345$279,000
2019$3,000$265,000
2018$3,000$250,000

History based on county public records data.

Payment Calculator

$2,653

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,619

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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-631581
4
/10

  • Ginter Park Elementary School

  • 3817 Chamberlayne Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-631582
4
/10

  • Linwood Holton Elementary School

  • 1600 W Laburnum Ave

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-631583
2
/10

  • Laburnum Elementary School

  • 500 Meriwether Ave

  • 1.52 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,236. Residents of Richmond, VA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1229 Stanhope Ave

What is the listing price of this property?

The listing price of 1229 Stanhope Ave property is $518,000.

What type of property is this?

The property 1229 Stanhope Ave is a house located in Richmond, Virginia, 23227.

Is this property for sale now?

Active Listing: 1229 Stanhope Ave 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 $3,348 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1229 Stanhope Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1229 Stanhope Ave is 1,488 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1229 Stanhope Ave is 1932.

Rocket Homes›Virginia›Henrico County›Richmond›23227›1229 Stanhope Ave

This home is located at 1229 Stanhope Ave in Richmond, VA and zip code 23227 in the Bellevue neighborhood. This 1,488 square foot home, which was built in 1932, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $518,000.

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 inventory of homes for sale in Richmond, VA between September 2024 and October 2024 increased by 5.8%. In October 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $357,226.

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

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