Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$542
Per Month
Principal & Interest
$475
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$351
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Cardinal Elementary School
1745 Catalina Dr
Distance between this listing and this school0.79 miles
Public District Grades KG-5
5
/10
Broad Rock Elementary School
4615 Ferguson Ln
Distance between this listing and this school1.19 miles
Public District Grades PK-5
2
/10
Oak Grove-Bellemeade Elementary School
2200 Ingram Ave
Distance between this listing and this school1.29 miles
Public District Grades PK-5
Nearby Schools
2
/10
Thomas C. Boushall Middle School
3400 Hopkins Rd
Distance between this listing and this school1.06 miles
Public District Grades 6-8
2
/10
Falling Creek Middle School
4724 Hopkins Rd
Distance between this listing and this school2.04 miles
Public District Grades 6-8
2
/10
Lucille M. Brown Middle School
6300 Jahnke Rd
Distance between this listing and this school3.66 miles
Public District Grades 6-8
Nearby Schools
2
/10
George Wythe High School
4314 Crutchfield St
Distance between this listing and this school1.94 miles
Public District Grades 9-12
9
/10
Open High School
600 S Pine St
Distance between this listing and this school3.54 miles
Public District Grades 9-12
2
/10
Meadowbrook High School
4901 Cogbill Rd
Distance between this listing and this school3.75 miles
The neighbors living near this home have an average income of $37,838. Residents of Richmond, VA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2249 Formex St
What is the listing price of this property?
The listing price of 2249 Formex St property is $95,000.
What type of property is this?
The property 2249 Formex St is land located in Richmond, Virginia, 23234.
Is this property for sale now?
Active Listing: 2249 Formex 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 $648 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2249 Formex St in Richmond, VA and zip code 23234 in the South Side neighborhood. This home sits on a 3.12 acre lot. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $95,000.
Over 124 listings were sold over their listed price in November 2024 in Richmond, VA. In the same period over 112 listings were sold below the listed price and 80 listings were sold for the listed price. In November 2024 in Richmond, VA there were 7.4% less homes for sale than in October 2024. While the average time on the market in November 2024 was 27 days, the median list price was $359,917.
From Rocket Homes Real Estate and based on county public records data.