9 days on rocket

2400 E Franklin St, Richmond, VA, 23223

$299,950

0.40 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewCity
MLS #2431629
Lot Size0.40 Acres
StatusActive

About 2400 E Franklin St

Don't miss this rare opportunity to own one of the last vacant lots in Church Hill, offering stunning city views! Ideally located between 24th and 25th Streets, this prime spot is perfect for building your dream home while enjoying all the perks of urban living. Accessible from both Franklin Street and 24th Street, this property combines the best of city life with the privacy you desire. Take a leisurely stroll to Church Hill's top restaurants or enjoy a bike ride along the scenic Capital Trail. Seize this chance to create your ideal urban retreat!

Property Details

Property Features

Listing Office:

  • Office Name: Larry King Realty
  • Office Phone: (804) 512-9856
  • Listing Agent: Alan King

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • View: City

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Other

Directions Information:

  • Directions: From I95 South, take Exit 74B to E Main Street. Go down E Main Street and take a left onto 23rd Street. Then take a right on E Franklin Street. Lot is on the left between the school and Church Hill Gables.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,950

Tax Information:

  • Annual Amount: $1,800
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$359.9K

Med. Price/SqFt

$226

Avg. Days On Market

27

# of Sold Homes

318

2400 E Franklin St vs Richmond

9 DAYS ON ROCKET

-18 Days

$299,950

-$59.9K Less

KEY TAKEAWAY

This property is $59.9K less than the Median Sold Price in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2431629

Listing Office:

  • Office Name: Larry King Realty
  • Office Phone: (804) 512-9856
  • Listing Agent: Alan King

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: 12/22/2024, 11:20:54 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$1,800$150,000
2020$900$150,000
2019$1,140$95,000
2018$1,140$95,000

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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.

Nearby Schools

school-card-donut-1111364
4
/10
  • Bellevue Elementary School

  • 2301 E Grace St

  • 0.10 miles

  • Public District Grades PK-5

school-card-donut-1111365
3
/10
  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-1111366
2
/10
  • Henry L. Marsh, III Elementary School

  • 813 N 28th St

  • 0.65 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,757. The majority of Richmond, VA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2400 E Franklin St

What is the listing price of this property?

The listing price of 2400 E Franklin St property is $299,950.

What type of property is this?

The property 2400 E Franklin St is land located in Richmond, Virginia, 23223.

Is this property for sale now?

Active Listing: 2400 E Franklin 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 $1,800 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2400 E Franklin St is 0.40 acres.
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Rocket Homes›Virginia›Richmond›23223›2400 E Franklin St

This home is located at 2400 E Franklin St in Richmond, VA and zip code 23223 in the East Side neighborhood. This home sits on a 0.40 acre lot. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $299,950.

In November 2024 more than 124 listings in Richmond, VA were sold above the asking price. During the same period more than 80 listings were sold at asking price, while more than 112 were sold below. The inventory of homes for sale in Richmond, VA between October 2024 and November 2024 decreased by 7.4%. In November 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $359,917.

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

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