12 days on rocket

Sale Pending

5005 Park Ave, Richmond, VA, 23226

$585,000

Home List Price

$6,947*

Closing Credit

4 Bedrooms
2 Full Baths
1,588 SqFt
$368/SqFt
House

Location

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5005 Park Ave, Richmond$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1951
HeatingElectric, Natural Gas, Zoned
CoolingHeat Pump, Zoned
FireplaceGas, Masonry
MLS #2429631
Lot Size0.16 Acres
StatusSale Pending
(Pending)

About 5005 Park Ave

Picture-perfect brick Cape in the near west end, offering a fresh, bright interior with 4 bedrooms and 2 full baths. The 1st floor features a spacious living room with gas fireplace, dining room, and renovated kitchen with white cabinetry, granite countertops, subway tile backsplash, and island with seating. A French door connects the kitchen to a comfortable family room with multiple windows and backyard views. 2 nice bedrooms and a full bath complete the 1st floor. On the 2nd level, the sunny primary bedroom has the special bonus of a walk-in closet, and the 4th bedroom can serve as an ideal office. The upstairs also includes a full tile bath, laundry and extensive eave storage. Hardwood floors, 2-zoned HVAC, new crawl space vapor barrier and insulation. The landscaped lot is irrigated, front and back, and has a fenced back yard with a pretty patio. Great location, close to Willow Lawn and the shops and restaurants at Libbie/Grove and Patterson!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Two Story
  • Year Built: 1951
  • Living Area: 1,588 SqFt

Listing Office:

  • Office Name: The Steele Group
  • Office Phone: (804) 282-3136
  • Listing Agent: Susan Jones

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Cooktop, Stove, Washer
  • Basement: No
  • Flooring Type: Partially Carpeted, Tile, Wood
  • Interior: Bedroom on Main Level, Ceiling Fan(s), French Door(s)/Atrium Door(s), Fireplace, Granite Counters, Kitchen Island
  • Fireplace: Gas, Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sprinkler/Irrigation, Storage, Shed

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Landscaped, Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Heat Pump, Zoned

Other

Directions Information:

  • Directions: West on Patterson Ave., R on Spokane, L on Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $368/SqFt

Tax Information:

  • Annual Amount: $4,020
  • 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

$359.9K

Med. Price/SqFt

$226

Avg. Days On Market

27

# of Sold Homes

318

5005 Park Ave vs Richmond

12 DAYS ON ROCKET

-15 Days

$585,000

+$225K More

$368/SqFt

+$141 More

KEY TAKEAWAY

This property is $225K more than the Median Sold Price and $141/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: #2429631

Listing Office:

  • Office Name: The Steele Group
  • Office Phone: (804) 282-3136
  • Listing Agent: Susan Jones

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: 12/11/2024, 3:20:55 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

Jun 25, 2019Home Sold
$420,100
Apr 20, 2016Home Sold
$315,000
Jun 18, 2012Home Sold
$264,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,020$398,000
2020$4,020$335,000
2019$3,960$330,000
2018$3,624$302,000

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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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-1707654
6
/10

  • Mary Munford Elementary School

  • 211 Westmoreland St

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-1707655
3
/10

  • Johnson Elementary School

  • 5600 Bethlehem Rd

  • 2.05 miles

  • Public District Grades KG-5

school-card-donut-1707656
6
/10

  • Crestview Elementary School

  • 1901 Charles St

  • 2.07 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,605. The most common annual income of people living in Richmond, VA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5005 Park Ave

What is the listing price of this property?

The listing price of 5005 Park Ave property is $585,000.

What type of property is this?

The property 5005 Park Ave is a house located in Richmond, Virginia, 23226.

Is this property for sale now?

Sale Pending: 5005 Park Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,020 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 25, 2019 for $420,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5005 Park Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5005 Park Ave is 1,588 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5005 Park Ave is 1951.

Rocket Homes›Virginia›Henrico County›Richmond›23226›5005 Park Ave

This home is located at 5005 Park Ave in Richmond, VA and zip code 23226 in the Willow Lawn neighborhood. This 1,588 square foot home, which was built in 1951, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $585,000.

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. In November 2024 in Richmond, VA there were 7.4% less homes for sale than in October 2024. In November 2024 median list price was $359,917 and the average listing age was 27 days.

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

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