new - 6 days on rocket

5116 Dorchester Rd, Richmond, VA, 23225

$325,000

Home List Price

$3,859*

Closing Credit

4 Bedrooms
2 Full Baths
1,700 SqFt
$191/SqFt
House

Location

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5116 Dorchester Rd, Richmond$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage1 space
Year Built1943
HeatingBaseboard, None
CoolingNone
MLS #2430748
Lot Size0.17 Acres
StatusActive

About 5116 Dorchester Rd

Welcome to this charming 4-bedroom, 2-bath home in the highly sought-after area of Westover Hills! This cozy residence has a great open flow with beautiful hardwood floors throughout and a spacious kitchen addition (2018) featuring modern finishes, ample cabinet space, and a perfect spot for cooking and entertaining. The first floor includes two bedrooms, with the primary bedroom offering an attached full bath. Enjoy a large utility room with extra pantry storage, plus a fenced-in backyard for outdoor enjoyment. The backyard also boasts fig trees, cherry trees, and grapevines. Detached garage and workshop provides additional storage space. This home is located in a friendly community with a welcoming atmosphere and a variety of shopping and dining options nearby. Whether you're strolling through the neighborhood or taking advantage of local amenities, you’ll love the convenience and charm of this wonderful location. Don’t miss the opportunity to make this charming home yours—schedule a tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1943
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: NextHome Advantage
  • Office Phone: (804) 545-6400
  • Listing Agent: Jennifer Bell

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, Ceiling Fan(s), Granite Counters, Kitchen Island, Bath in Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Storage, Shed

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, None
  • Cooling: None

Other

Directions Information:

  • Directions: Forest Hill Ave - make Right on Dorchester - home is on the right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $191/SqFt

Tax Information:

  • Annual Amount: $2,148
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$359.9K

Med. Price/SqFt

$226

Avg. Days On Market

27

# of Sold Homes

318

5116 Dorchester Rd vs Richmond

6 DAYS ON ROCKET

-21 Days

$325,000

-$34.9K Less

$191/SqFt

-$36 Less

KEY TAKEAWAY

This property is $34.9K less than the Median Sold Price and $36/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2430748

Listing Office:

  • Office Name: NextHome Advantage
  • Office Phone: (804) 545-6400
  • Listing Agent: Jennifer Bell

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: 12/4/2024, 2:20:49 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$2,148$169,000
2020$2,148$179,000
2019$1,572$160,000
2018$1,572$131,000

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-3795041
2
/10
  • Westover Hills Elementary School

  • 1211 Jahnke Rd

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-3795042
2
/10
  • Elizabeth D. Redd Elementary School

  • 5601 Jahnke Rd

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-3795043
3
/10
  • Patrick Henry School of Science and Arts

  • 3411 Semmes Ave

  • 1.42 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,968. Typical income of Richmond, VA residents is between $35k-100k annually. Typical family type is 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 5116 Dorchester Rd

What is the listing price of this property?

The listing price of 5116 Dorchester Rd property is $325,000.

What type of property is this?

The property 5116 Dorchester Rd is a house located in Richmond, Virginia, 23225.

Is this property for sale now?

Active Listing: 5116 Dorchester Rd 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 $2,148 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5116 Dorchester Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5116 Dorchester Rd is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5116 Dorchester Rd is 1943.

Rocket HomesVirginiaRichmond232255116 Dorchester Rd

This home is located at 5116 Dorchester Rd in Richmond, VA and zip code 23225 in the South Side neighborhood. This 1,700 square foot home, which was built in 1943, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $325,000.

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. The inventory of homes for sale in Richmond, VA between October 2024 and November 2024 decreased by 7.4%. Listings spent 27 days on the market in November 2024, and had a median list price of $359,917 during the same period.

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

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