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2506 E Marshall St, Richmond, VA, 23223

$985,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
2,965 SqFt
$332/SqFt
House

Location

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2506 E Marshall St, Richmond$985,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 1840
HeatingElectric, Other, Zoned
CoolingOther, Zoned
BasementYes
FireplaceDecorative
MLS #2427785
Lot Size0.11 Acres
StatusActive

About 2506 E Marshall St

Experience the perfect blend of historic charm and industrial style in this meticulously renovated home in popular Historic Church Hill. Step into the main house and be greeted by a welcoming foyer, a spacious living room, and an eat-in kitchen, all adorned with exposed beams and brick that add character and style. Upstairs, you’ll find two serene bedrooms and two well-appointed baths, creating a peaceful retreat. The thoughtfully designed laundry room with artisan tile enhances everyday convenience with a touch of refinement. Step outside to your own secluded seating area—a perfect retreat for morning coffee or intimate gatherings under the stars. The beautifully finished English basement offers a versatile work layout, including an elegant foyer with an attached table that adds a touch of sophistication, a studio space, living area, and half bath—ideal for running an in-home business. The property also boasts a fantastic separate cottage apartment with 8 windows for plenty of natural light, featuring a stylish kitchen, cozy living room, an upstairs bedroom, a full bath, washer and dryer, and a convenient closet nook. This guest or rental space comes with its own private outdoor area, enhancing the property's appeal and flexibility. This home has all-new wiring, plumbing, and HVAC, ensuring modern comfort and reliability. With ample off-alley parking and a prime location within walking distance to parks, St. John’s Church, popular bars and restaurants, and close proximity to MCV, this unique property is not just a home, but a lifestyle. Don’t miss out on this distinctive gem in one of the city’s most desirable neighborhoods!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1840
  • Stories: 2
  • Living Area: 2,965 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (804) 405-7337
  • Listing Agent: Jenny Maraghy

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Cooktop, Stove, Wine Cooler, Washer
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Fireplace, Granite Counters, High Ceilings
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Electric, Other, Zoned
  • Cooling: Other, 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
  • Bellevue Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: E Marshall St between N 25th and N 26th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $985,000
  • Price Per SqFt: $332/SqFt

Tax Information:

  • Annual Amount: $5,304
  • 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

2506 E Marshall St vs Richmond

3 DAYS ON ROCKET

-23 Days

$985,000

+$627.7K More

$332/SqFt

+$107 More

KEY TAKEAWAY

This property is $627.7K more than the Median Sold Price and $107/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: #2427785

Listing Office:

  • Office Name: Compass
  • Office Phone: (804) 405-7337
  • Listing Agent: Jenny Maraghy

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, 9:20:49 AM 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$5,304$448,000
2020$3,204$442,000
2019$2,424$404,000
2018$2,424$377,000

History based on county public records data.

Payment Calculator

$4,984

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,020

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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-2015802
4
/10
  • Bellevue Elementary School

  • 2301 E Grace St

  • 0.23 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2015803
1
/10
  • Martin Luther King Jr. Middle School

  • 1000 Mosby St

  • 0.68 miles

  • Public District Grades 6-8

High School

school-card-donut-2015804
7
/10
  • Franklin Military Academy

  • 701 N 37th St

  • 0.79 miles

  • Public District Grades 6-12

school-card-donut-2015805
3
/10
  • Armstrong High School

  • 2300 Cool Ln

  • 1.57 miles

  • Public District Grades 9-12

school-card-donut-2015806
9
/10
  • Open High School

  • 600 S Pine St

  • 1.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,790. The majority of Richmond, VA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2506 E Marshall St

What is the listing price of this property?

The listing price of 2506 E Marshall St property is $985,000.

What type of property is this?

The property 2506 E Marshall St is a house located in Richmond, Virginia, 23223.

Is this property for sale now?

Active Listing: 2506 E Marshall St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2506 E Marshall St are:
Bellevue Elementary School: GreatSchools Rating 4/10
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 $5,304 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2506 E Marshall St has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 2506 E Marshall St is 2,965 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2506 E Marshall St is 1840.

Rocket HomesVirginiaRichmond232232506 E Marshall St

This home is located at 2506 E Marshall St in Richmond, VA and zip code 23223 in the Church Hill neighborhood. This 2,965 square foot home, which was built in 1840, sits on a 0.11 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $985,000.

In October 2024, from all listings sold in Richmond, VA there were more than 165 sold above asking price, over 137 sold below and more than 81 were sold right at the asked price. The inventory of homes for sale in Richmond, VA between September 2024 and October 2024 increased by 5.8%. Listings spent 26 days on the market in October 2024, and had a median list price of $357,226 during the same period.

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

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