new - 7 days on rocket

2418 E Franklin St Unit U108, Richmond, VA, 23223

$287,500

Home List Price

$3,414*

Closing Credit

2 Bedrooms
2 Full Baths
814 SqFt
$353/SqFt
Condo

Location

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2418 E Franklin St Unit U108, Richmond$287,500

Buyer Closing Credits

$3,414*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Covered, Garage, Garage Door Opener, Off Street
Attached Garage1 space
Year Built1925
HeatingElectric, Heat Pump
CoolingCentral Air, Heat Pump
MLS #2431214
Lot Size0.02 Acres
StatusActive

About 2418 E Franklin St Unit U108

Welcome to Church Hill Gables, this 2 bedroom 2 FULL bathroom condo is ideally located between Downtown Richmond and Church Hill, offering easy access to shopping, restaurants, parks, entertainment, and the James River. This spacious unit is just blocks from VCU Medical Center and the GRTC Pulse station, making it perfect for those seeking convenience and a vibrant community. This private 2-floor end unit features an open-concept living area with a large window for great natural light, crown molding, and laminate flooring. The kitchen, with granite countertops, a breakfast bar, tile backsplash, and stainless-steel appliances, sits adjacent to the living room. A discreet utility closet houses the washer and dryer. Downstairs, the two bedrooms each have tall skylights, ceiling fans, and private full baths. The bedrooms are separated by French doors, allowing for versatility with their use. Additionally, the unit includes an approximately 350 sq. ft. hall storage closet, ideal for extra space. A second entrance through the attached garage adds convenience, and one deeded garage parking space is included in the HOA fees. The community offers a wonderful shared patio with outdoor seating and a grill. HOA dues also cover water, sewer, trash, and exterior maintenance. Church Hill Gables provides a quiet, secured environment with ample street parking for visitors.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise, Two Story
  • Year Built: 1925
  • Stories: 2
  • Living Area: 814 SqFt

Listing Office:

  • Office Name: Long & Foster REALTORS
  • Office Phone: (804) 839-3102
  • Listing Agent: Mike Lester

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Cooktop, Washer
  • Basement: No
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Ceiling Fan(s), Granite Counters, High Ceilings, Bath in Primary Bedroom, Skylights, Track Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached, Covered, Garage, Garage Door Opener, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: I-95 to Franklin St. Exit 74B; Turn left on E Main St , follow to 25th St.; left onto 25th; one block to corner of 25th & Franklin; Park on 25th St. at the side of the building; Enter through patio gate at the rear.

Price Information

Listing Price Info

Price Summary:

  • List Price: $287,500
  • Price Per SqFt: $353/SqFt

HOA Fees:

  • Amount: $364
  • Frequency: Monthly
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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

$359.9K

Med. Price/SqFt

$226

Avg. Days On Market

27

# of Sold Homes

318

2418 E Franklin St Unit U108 vs Richmond

7 DAYS ON ROCKET

-20 Days

$287,500

-$72.4K Less

$353/SqFt

+$126 More

KEY TAKEAWAY

This property is $72.4K less than the Median Sold Price and $126/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: #2431214

Listing Office:

  • Office Name: Long & Foster REALTORS
  • Office Phone: (804) 839-3102
  • Listing Agent: Mike Lester

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: 12/12/2024, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$928

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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-2175453
4
/10

  • Bellevue Elementary School

  • 2301 E Grace St

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-2175454
3
/10

  • Chimborazo Elementary School

  • 3000 E Marshall St

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-2175455
2
/10

  • Henry L. Marsh, III Elementary School

  • 813 N 28th St

  • 0.62 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 $58,757. The majority of Richmond, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2418 E Franklin St Unit U108

What is the listing price of this property?

The listing price of 2418 E Franklin St Unit U108 property is $287,500.

What type of property is this?

The property 2418 E Franklin St Unit U108 is a condo located in Richmond, Virginia, 23223.

Is this property for sale now?

Active Listing: 2418 E Franklin St Unit U108 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2418 E Franklin St Unit U108 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2418 E Franklin St Unit U108 is 814 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2418 E Franklin St Unit U108 is 1925.

Rocket Homes›Virginia›Richmond›23223›2418 E Franklin St Unit U108

This home is located at 2418 E Franklin St Unit U108 in Richmond, VA and zip code 23223 in the East Side neighborhood. This 814 square foot home, which was built in 1925, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $287,500.

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. Between October 2024 and November 2024, Richmond, VA real estate market has seen decrease in the number of listings by 7.4%. Listings spent 27 days on the market in November 2024, and had a median list price of $359,917 during the same period.

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

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