new - 4 days on rocket

1418 Oakwood Ave, Richmond, VA, 23223

$549,900

Home List Price

$6,530*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,332 SqFt
$236/SqFt
House

Location

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1418 Oakwood Ave, Richmond$549,900

Buyer Closing Credits

$6,530*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage, On Street
Year Built1920
HeatingElectric
CoolingCentral Air, Electric
FireplaceGas
MLS #2429643
StatusActive

About 1418 Oakwood Ave

SAVE OVER $14,000 IN THE NEXT SIX YEARS IN TAXES- ask for more details! This stunningly renovated historic Church Hill home is calling your name. Masterfully rebuilt in 2019, the charm of Oakwood Ave shines through with original details like beautifully preserved wood floors and exquisite fireplace mantels. The waterline in-ground was replaced as well! Step inside to a showstopping great room featuring vaulted ceilings with exposed wooden beams and a cozy gas fireplace—perfect for enjoying a morning coffee or hosting the big game with 20+ friends. The Chef’s kitchen is truly extraordinary, offering a custom-built hood range, double oven, pot-filler over the stove, gas cooking, and a ‘California Cabinets’ built pantry. The expansive island invites gatherings for appetizers or family meals, while the formal dining room comfortably seats 8-10 guests for dinner parties or game nights. The luxurious primary suite offers marble floors, a spacious double vanity, and TWO generous walk-in closets, with a conveniently located laundry room just outside the bedroom on the 2nd floor. Crisp fall mornings bring serenity on the front porch or the back deck. And if you're tired of yard maintenance, you'll love the easy-to-care-for patio space that offers plenty of sun for relaxation. Lovingly maintained and ‘lightly used,’ this home is the perfect blend of historic character and modern comfort and is ready for its next owner.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,332 SqFt

Listing Office:

  • Office Name: Samson Properties
  • Office Email: dsamson@samsonproperties.net
  • Listing Agent: Bryson Lefmann

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Marble, Tile, Wood
  • Interior: Bedroom on Main Level, High Ceilings
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Porch

Parking Information:

  • Parking: No Garage, On Street

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,900
  • Price Per SqFt: $236/SqFt

Tax Information:

  • Annual Amount: $2,832
  • 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

1418 Oakwood Ave vs Richmond

4 DAYS ON ROCKET

-22 Days

$549,900

+$192.6K More

$236/SqFt

+$11 More

KEY TAKEAWAY

This property is $192.6K more than the Median Sold Price and $11/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: #2429643

Listing Office:

  • Office Name: Samson Properties
  • Office Email: dsamson@samsonproperties.net
  • Listing Agent: Bryson Lefmann

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, 9:20:49 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

Apr 23, 2020Home Sold
$420,480
Dec 20, 2018Home Sold
$245,000
Aug 13, 2007Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,832$414,000
2020$1,692$633,000
2019$3,360$292,000
2018$3,360$280,000

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-491772
2
/10
  • Henry L. Marsh, III Elementary School

  • 813 N 28th St

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-491773
3
/10
  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-491774
2
/10
  • Woodville Elementary School

  • 2000 N 28th St

  • 0.82 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,550. Residents of Richmond, VA typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1418 Oakwood Ave

What is the listing price of this property?

The listing price of 1418 Oakwood Ave property is $549,900.

What type of property is this?

The property 1418 Oakwood Ave is a house located in Richmond, Virginia, 23223.

Is this property for sale now?

Active Listing: 1418 Oakwood 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 $2,832 (source: MLS/based on county public records data).

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

The last sale was on April 23, 2020 for $420,480. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1418 Oakwood Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1418 Oakwood Ave is 2,332 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1418 Oakwood Ave is 1920.

Rocket HomesVirginiaRichmond232231418 Oakwood Ave

This home is located at 1418 Oakwood Ave in Richmond, VA and zip code 23223 in the East Side neighborhood. This 2,332 square foot home was built in 1920. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $549,900.

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. Between September 2024 and October 2024, Richmond, VA real estate market has seen increase in the number of listings 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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