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506 Sherman Ave, Hopewell, VA, 23860

$259,000

Home List Price

$3,076*

Closing Credit

3 Bedrooms
2 Full Baths
1,368 SqFt
$189/SqFt
House

Location

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506 Sherman Ave, Hopewell$259,000

Buyer Closing Credits

$3,076*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1940
HeatingElectric, Heat Pump
CoolingCentral Air, Heat Pump
MLS #2427923
Lot Size0.23 Acres
StatusActive

About 506 Sherman Ave

Welcome Home! This 3 bedroom, 2 full bath split plan Rancher sits on a large corner lot. Hardwood floors in Living Room, Dining Area, 2 of the bedrooms, and Hallway. Kitchen with bar area separation to Dining area. Large Utility room with backyard deck access. Primary bedroom has 2 large closets, a full bath, and access to the screened in porch. Huge backyard! Close to Fort Gregg-Adams, I-295, and shopping. A must see! Come make this house your home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,368 SqFt

Listing Office:

  • Office Name: Ingram & Associates-Hopewell
  • Office Email: hopewell@ingramhomes.com
  • Listing Agent: Ronnie Joswick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave
  • Basement: No
  • Flooring Type: Linoleum, Vinyl, Wood
  • Interior: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Laminate Counters, Bath in Primary Bedroom, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,000
  • Price Per SqFt: $189/SqFt

Tax Information:

  • Annual Amount: $1,186
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hopewell, VA.

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Hopewell, VA

City

Med. Sold Price

$244.9K

Med. Price/SqFt

$169

Avg. Days On Market

22

# of Sold Homes

32

506 Sherman Ave vs Hopewell

58 DAYS ON ROCKET

+36 Days

$259,000

+$14K More

$189/SqFt

+$20 More

KEY TAKEAWAY

This property is $14K more than the Median Sold Price and $20/SqFt more than other homes in Hopewell, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2427923

Listing Office:

  • Office Name: Ingram & Associates-Hopewell
  • Office Email: hopewell@ingramhomes.com
  • Listing Agent: Ronnie Joswick

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: 12/21/2024, 9:20:54 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

Mar 02, 2018Home Sold
$126,950
Mar 28, 2016Home Sold
$115,000
Jul 06, 2011Home Sold
$57,500
May 02, 2005Home Sold
$126,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,186$118,600
2020$1,200$106,200
2019$1,200$106,200
2018$1,295$114,600
2017$1,295$114,600

History based on county public records data.

Payment Calculator

$1,360

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$843

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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.

Nearby Schools

school-card-donut-792828
5
/10

  • Patrick Copeland Elementary School

  • 400 Westhill Rd

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-792829
5
/10

  • Dupont Elementary School

  • 300 S 18th Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-792830
4
/10

  • Harry E. James Elementary School

  • 1807 Arlington Rd

  • 1.15 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 $41,111. Residents of Hopewell, VA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Sherman Ave

What is the listing price of this property?

The listing price of 506 Sherman Ave property is $259,000.

What type of property is this?

The property 506 Sherman Ave is a house located in Hopewell, Virginia, 23860.

Is this property for sale now?

Active Listing: 506 Sherman Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,186 (source: MLS/based on county public records data).

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

The last sale was on March 2, 2018 for $126,950. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Sherman Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 Sherman Ave is 1,368 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Sherman Ave is 1940.

Rocket Homes›Virginia›Hopewell›23860›506 Sherman Ave

This home is located at 506 Sherman Ave in Hopewell, VA and zip code 23860. This 1,368 square foot home, which was built in 1940, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $259,000.

In November 2024, from all listings sold in Hopewell, VA there were more than 10 sold above asking price, over 14 sold below and more than 8 were sold right at the asked price. Between October 2024 and November 2024, Hopewell, VA real estate market has seen decrease in the number of listings by 2.7%. In November 2024 median list price was $244,975 and the average listing age was 22 days.

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

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