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1517 Oakwood Ave, Richmond, VA, 23223

$552,000

Home List Price

$6,555*

Closing Credit

5 Bedrooms
3 Full Baths
2,154 SqFt
$256/SqFt
House

Location

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1517 Oakwood Ave, Richmond$552,000

Buyer Closing Credits

$6,555*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1925
HeatingElectric
CoolingZoned
FireplaceDecorative
MLS #2424917
Lot Size0.09 Acres
StatusActive

About 1517 Oakwood Ave

Welcome to an incredible renovation done by one of the top teams Renovating in RVA! On a poised and stately corner lot, this spacious home has a very unique offering as the location is on a very quiet section of this street mixed with lots of renovated, historic homes, and new construction so investing in your next chapter is sure to payoff as property values continue to hold steady and rising in this incredible Historic neighborhood of the back of Churchill. This 434-acre historic district includes the Oakwood neighborhood, which was developed after the introduction of trolley lines in the late 1800s. The district features a mix of architectural styles, including Late Victorian, Queen Anne, and Colonial Revival, and includes many well-preserved buildings. It's a MUST TOUR~ Features stunning refinished hard wood floors that are orignial to the home, luxurious amenties such as quartz, stone, tile throughout, Massaging Shower Towers in each full bath experience, stainless appliances that convey, located near award winning chef restaurants, walking distance to parks, close to interstates, shopping, & houses of worship! Stop by Union Market for a meal or the free 6p wine tasting on Thurs nights and meeting the neighbors when you are in the neighborhood and be sure to pause for breakfast, lunch, & dinner at many restaurant locations! The home uniquely features a 1st floor Bedroom/Bath Suite, one of the upstairs bedrooms has a balcony/storage/utility area off the back, & make the backyard space a garden and entertaining mecca of your own dreamy outdoor space! Don't miss this!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,154 SqFt

Listing Office:

  • Office Name: ICON Realty Group
  • Office Phone: (804) 775-2000
  • Listing Agent: Shayna Reavis

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Partially Carpeted, Tile, Wood
  • Interior: Balcony, Bedroom on Main Level, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, Granite Counters, High Speed Internet, Bath in Primary Bedroom, Pantry, Recessed Lighting, Wired for Data
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • 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

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $552,000
  • Price Per SqFt: $256/SqFt

Tax Information:

  • Annual Amount: $1,776
  • 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

1517 Oakwood Ave vs Richmond

45 DAYS ON ROCKET

+19 Days

$552,000

+$194.7K More

$256/SqFt

+$31 More

KEY TAKEAWAY

This property is $194.7K more than the Median Sold Price and $31/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: #2424917

Listing Office:

  • Office Name: ICON Realty Group
  • Office Phone: (804) 775-2000
  • Listing Agent: Shayna Reavis

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

Sep 01, 2015Home Sold
$115,000
Mar 04, 2005Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,776$152,000
2020$1,775$148,000
2019$1,428$126,000
2018$1,428$119,000

History based on county public records data.

Payment Calculator

$2,823

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,721

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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-1962491
3
/10

  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 0.83 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1962492
1
/10

  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 1.32 miles

  • Public District Grades 6-8

High School

school-card-donut-1962493
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 0.47 miles

  • Public District Grades 6-12

school-card-donut-1962494
3
/10

  • Armstrong High School

  • 2300 Cool Ln

  • 1.31 miles

  • Public District Grades 9-12

school-card-donut-1962495
9
/10

  • Open High School

  • 600 S Pine St

  • 2.88 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. Most Richmond, VA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1517 Oakwood Ave

What is the listing price of this property?

The listing price of 1517 Oakwood Ave property is $552,000.

What type of property is this?

The property 1517 Oakwood Ave is a house located in Richmond, Virginia, 23223.

Is this property for sale now?

Active Listing: 1517 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 1517 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 $1,776 (source: MLS/based on county public records data).

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

The last sale was on September 1, 2015 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1517 Oakwood Ave has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1517 Oakwood Ave is 2,154 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1517 Oakwood Ave is 1925.

Rocket Homes›Virginia›Richmond›23223›1517 Oakwood Ave

This home is located at 1517 Oakwood Ave in Richmond, VA and zip code 23223 in the East Side neighborhood. This 2,154 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $552,000.

Richmond, VA housing market in October 2024 saw over 165 listings sold above listed price, more than 81 sold at listed price and over 137 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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