1 month on rocket

3203 Parkwood Ave, Richmond, VA, 23221

$645,000

Home List Price

$7,659*

Closing Credit

0 Baths
2,074 SqFt
$311/SqFt
Multi

Location

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3203 Parkwood Ave, Richmond$645,000

Buyer Closing Credits

$7,659*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDirect Access, Detached, Garage, Garage Door Opener, On Street
Garage1 space
Year Built1922
ViewCity
MLS #2424883
Lot Size0.07 Acres
StatusActive

About 3203 Parkwood Ave

Beautifully Maintained Duplex in the heart of Carytown. The Prime location for this Duplex makes getting tenants easy to obtain. Or, since the lower unit has recently been nicely updated this Property is Perfectly Situated as an Owner-Occupied Investment Home. Live in one unit and collect rent from the other unit which helps pay your mortgage down. There is also a Detached Garage which could be rented out on a monthly basis. The Garage has direct entry off the alley and has a garage door opener. My estimate is that you could get perhaps $150 to $200/month rent for this garage space in this location. There is a private rear yard for the tenants to enjoy and relax in. Each unit has its own separate water heater, A/C unit, Refrigerator, Washer and Dryer. Beautiful Hardwood Floors throughout most of each unit. This is a wonderful opportunity for cash flow and long-term capital appreciation.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1922
  • Stories: 2
  • Living Area: 2,074 SqFt

Listing Office:

  • Office Name: Neumann & Dunn Real Estate
  • Office Phone: (804) 754-1835
  • Listing Agent: Rick Stockel

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: No

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Direct Access, Detached, Garage, Garage Door Opener, On Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: Parkwood in Carytown Just South of Cary Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $645,000
  • Price Per SqFt: $311/SqFt

Tax Information:

  • Annual Amount: $4,044
  • 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

3203 Parkwood Ave vs Richmond

38 DAYS ON ROCKET

+12 Days

$645,000

+$287.7K More

$311/SqFt

+$86 More

KEY TAKEAWAY

This property is $287.7K more than the Median Sold Price and $86/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: #2424883

Listing Office:

  • Office Name: Neumann & Dunn Real Estate
  • Office Phone: (804) 754-1835
  • Listing Agent: Rick Stockel

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: 11/17/2024, 11:55:49 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

Feb 01, 2005Home Sold
$187,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,044$350,000
2020$4,044$337,000
2019$3,324$295,000
2018$3,324$277,000

History based on county public records data.

Payment Calculator

$3,287

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,000

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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-592330
4
/10

  • John B. Cary Elementary School

  • 3021 Maplewood Ave

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-592331
5
/10

  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-592332
6
/10

  • Mary Munford Elementary School

  • 211 Westmoreland St

  • 1.21 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 $48,724. Residents of Richmond, VA typically earn between $35k-100k each year. 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

Rocket Homes›Virginia›Richmond›23221›3203 Parkwood Ave

This home is located at 3203 Parkwood Ave in Richmond, VA and zip code 23221 in the West End neighborhood. This 2,074 square foot home, which was built in 1922, sits on a 0.07 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $645,000.

Over 165 listings were sold over their listed price in October 2024 in Richmond, VA. In the same period over 137 listings were sold below the listed price and 81 listings were sold for the listed price. The number of listings in Richmond, VA increased by 5.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 26 days, the median list price was $357,226.

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

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