new - 6 days on rocket

702 W 27th St, Richmond, VA, 23225

$495,000

Home List Price

$5,878*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,826 SqFt
$271/SqFt
House

Location

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702 W 27th St, Richmond$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Detached, Garage, Off Street, Paved
Garage1 space
Year Built1937
HeatingBaseboard, Electric, Natural Gas, Radiant
CoolingCentral Air, Zoned
BasementYes
MLS #2432361
Lot Size0.29 Acres
StatusActive

About 702 W 27th St

Welcome home to this charming Richmond cape with the benefits of an open foyer and tall ceilings throughout, all in the heart of Woodland Heights just steps away from the James River, Buttermilk Trail, and Bell Isle. Beautiful natural hardwoods and fresh paint throughout with a spacious living room and sun room off the side of the house. A formal dining room connects to the kitchen with updated cabinets and granite countertops. Upstairs features three bedrooms and an updated full bathroom with a beautiful tile shower. The primary bedroom has loads of space featuring a walk-in closet, as well as 2 additional secondary closets. Step out to the covered back deck with composite flooring, overlooking your private and spacious yard. Buyers will love the storage options including a 12 x 20 garage, storage shed, as well as unfinished basement. This home is a nature lover's paradise - take a walk less than a half mile down the street to the Buttermilk Trail and Bell Isle. Laura Lee's and Crossroads are two restaurants less than a mile away. Centered just between Forest Hill Park and downtown there is no better location in Richmond!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1937
  • Living Area: 1,826 SqFt

Listing Office:

  • Office Name: Providence Hill Real Estate
  • Office Phone: (804) 512-4999
  • Listing Agent: Chad Bowman

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Dining Area, Granite Counters, High Ceilings

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Storage, Shed, Paved Driveway

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway, Detached, Garage, Off Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Natural Gas, Radiant
  • Cooling: Central Air, Zoned

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $271/SqFt

Tax Information:

  • Annual Amount: $3,228
  • 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

$363.3K

Med. Price/SqFt

$226

Avg. Days On Market

34

# of Sold Homes

351

702 W 27th St vs Richmond

6 DAYS ON ROCKET

-28 Days

$495,000

+$131.6K More

$271/SqFt

+$44 More

KEY TAKEAWAY

This property is $131.6K more than the Median Sold Price and $44/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: #2432361

Listing Office:

  • Office Name: Providence Hill Real Estate
  • Office Phone: (804) 512-4999
  • Listing Agent: Chad Bowman

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 ©2025 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: 1/6/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,228$282,000
2020$3,228$269,000
2019$2,472$252,000
2018$2,472$206,000

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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-695980
3
/10

  • Patrick Henry School of Science and Arts

  • 3411 Semmes Ave

  • 0.52 miles

  • Public Charter Grades KG-5

school-card-donut-695981
4
/10

  • Swansboro Elementary School

  • 3160 Midlothian Tpke

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-695982
1
/10

  • J.H. Blackwell Elementary School

  • 1600 Everett St

  • 1.12 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 $86,875. Typical income of Richmond, VA residents is between $35k-100k annually. 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

Frequently Asked Questions About 702 W 27th St

What is the listing price of this property?

The listing price of 702 W 27th St property is $495,000.

What type of property is this?

The property 702 W 27th St is a house located in Richmond, Virginia, 23225.

Is this property for sale now?

Active Listing: 702 W 27th St 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 $3,228 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 702 W 27th St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 702 W 27th St is 1,826 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 702 W 27th St is 1937.

Rocket Homes›Virginia›Richmond›23225›702 W 27th St

This home is located at 702 W 27th St in Richmond, VA and zip code 23225 in the South Side neighborhood. This 1,826 square foot home, which was built in 1937, sits on a 0.29 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $495,000.

While more than 115 listings in Richmond, VA in December 2024 were sold above asking price, there were more than 74 listings sold at asking price, and more than 160 were sold below. The number of listings in Richmond, VA decreased by 7.1% between November 2024 and December 2024. The median list price of listings available in December 2024 was $363,385, while the average time on the real estate market was 34 days.

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

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