10 days on rocket

4050 Forest Hill Ave Unit U3, Richmond, VA, 23225

$179,999

Home List Price

$2,137*

Closing Credit

2 Bedrooms
1 Full Bath
695 SqFt
$259/SqFt
Condo

Location

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4050 Forest Hill Ave Unit U3, Richmond$179,999

Buyer Closing Credits

$2,137*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1961
HeatingHot Water, Natural Gas, Steam
CoolingCentral Air
MLS #2427969
StatusActive

About 4050 Forest Hill Ave Unit U3

Affordable Home! Perfect for first-time home buyer, Investor, or anyone looking to downsize to the simple life. This cute and cozy ground level 2 bed 1 bath condo is directly across from the beautifully scenic Forest Hill Park and minutes away from Downtown and VCU. Water, trash removal, ground maintenance, building exterior and parking lot maintenance, and heating and cooling maintenance are included in the monthly condo fee. Storage space is located in the basement and there is assigned parking.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1961
  • Stories: 1
  • Living Area: 695 SqFt

Listing Office:

  • Office Name: Lifelong Realty Inc
  • Office Phone: (804) 354-6000
  • Listing Agent: James Martin

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas, Steam
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • George Wythe High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Franklin Military Academy, Public District Grades 6-12
  • Westover Hills Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Forest Hill AVE, across from Forest Hill Park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,999
  • Price Per SqFt: $259/SqFt

HOA Fees:

  • Amount: $397
  • 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

$357.2K

Med. Price/SqFt

$225

Avg. Days On Market

26

# of Sold Homes

387

4050 Forest Hill Ave Unit U3 vs Richmond

10 DAYS ON ROCKET

-16 Days

$179,999

-$177.2K Less

$259/SqFt

+$34 More

KEY TAKEAWAY

This property is $177.2K less than the Median Sold Price and $34/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: #2427969

Listing Office:

  • Office Name: Lifelong Realty Inc
  • Office Phone: (804) 354-6000
  • Listing Agent: James Martin

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

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

Payment Calculator

$1,363

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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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.

Elementary School

school-card-donut-2118270
2
/10

  • Westover Hills Elementary School

  • 1211 Jahnke Rd

  • 0.88 miles

  • Public District Grades PK-5

High School

school-card-donut-2118271
2
/10

  • George Wythe High School

  • 4314 Crutchfield St

  • 0.58 miles

  • Public District Grades 9-12

school-card-donut-2118272
9
/10

  • Open High School

  • 600 S Pine St

  • 2.02 miles

  • Public District Grades 9-12

school-card-donut-2118273
7
/10

  • Franklin Military Academy

  • 701 N 37th St

  • 4.09 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,673. The majority of Richmond, VA residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4050 Forest Hill Ave Unit U3

What is the listing price of this property?

The listing price of 4050 Forest Hill Ave Unit U3 property is $179,999.

What type of property is this?

The property 4050 Forest Hill Ave Unit U3 is a condo located in Richmond, Virginia, 23225.

Is this property for sale now?

Active Listing: 4050 Forest Hill Ave Unit U3 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4050 Forest Hill Ave Unit U3 are:
Westover Hills Elementary School: GreatSchools Rating 2/10
George Wythe High School: GreatSchools Rating 2/10
Open High School: GreatSchools Rating 9/10
Franklin Military Academy: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 4050 Forest Hill Ave Unit U3 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4050 Forest Hill Ave Unit U3 is 695 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4050 Forest Hill Ave Unit U3 is 1961.

Rocket Homes›Virginia›Richmond›23225›4050 Forest Hill Ave Unit U3

This home is located at 4050 Forest Hill Ave Unit U3 in Richmond, VA and zip code 23225 in the South Side neighborhood. This 695 square foot home was built in 1961. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $179,999.

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. Between September 2024 and October 2024, Richmond, VA real estate market has seen increase in the number of listings 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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