2206 Warwick Ave, Richmond, VA 23224

3 beds1 bath1,108 sqft Edit

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Sold: $38,000
Sold on 02/01/13
Zestimate®: $45,981
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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AMAZING INVESTMENT OPPORTUNITY! This great south side home features three beds, one bath, spacious family room, eat-in kitchen, huge laundry room, hardwood flooring and more! Property is fully leased and produces $12600 a year in GUARANTEED RENT with a 18% CAP rate! Property is in good condition and passes annual RRHA housing inspections. Priced below assessment for a quick sale! Don't miss out on this great investment opportunity! It won't last long!

Facts

  • Lot: 6,838 sqft
  • Single Family
  • Built in 1965
  • Views: 347 all time views
  • Cooling: Central
  • Heating: Heat pump
  • Last sold: Feb 2013 for $38,000
  • Last sale price/sqft: $34

Features

  • Flooring: Hardwood, Laminate

      Additional Features

      • Disclosures \ Listing Attachment, Heat Fuel \ Electric, New Resale \ Resale (occupied at least once), Property Sub Type \ Detached, Property Type \ Single Family, Roof \ Composition, Siding \ Brick, Style \ Ranch, Basement Type \ Crawl Space, Cooling \ Central Air, Porch \ Front, Wall Type \ Drywall, Water Heater \ Electric, Attic \ No Attic, Water Sewer \ Public Water, Water Sewer \ Public Sewer, Year Blt Desc \ Actual, Flooring \ Wood, Heating \ Heat Pump, Structure \ Brick, Interior \ Dryer Hookup, Interior \ Washer Hookup, Appl Equip \ Electric Cooking, Interior \ Eat-In-Kitchen, Flooring \ Laminate, Fenced \ Rear Only, Fenced \ Chain Link

      Appliances Included

      • Washer

      Construction

      • Exterior material: Brick
      • Roof type: Composition
      • Room count: 6
      • Stories: 1
      • Unit count: 1

      Other

      • Floor size: 1,108 sqft
      • Heating: Electric
      • Laundry: In Unit
      • Lot depth: 137
      • Lot width: 50
      • Parcel #: S0071681007
      • Zillow Home ID: 12542943

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $45,981
      +$72 Last 30 days
      $35K
      $51K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $862/mo
      -$13 Last 30 days
      $776
      $1.2K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
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      Popularity on Zillow

      If this home is listed on Zillow, it will reach the largest real estate network on the web.*
      347 all-time views
      of this home (chart)
      245 forecasted views of this home
      in the first 7 days after listing for sale
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      Comparable Homes

      Homes like this sold for $28-65K.

      $20K
      $70K

      Mortgages

      Neighborhood

      Market guide

      Zillow predicts Bellemeade home values will increase 6.9% next year, compared to a 1.9% rise for Richmond as a whole. Among Bellemeade homes, this home is valued 25.5% less than the midpoint (median) home, and is valued 46% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Bellemeade, the number of foreclosures waiting to be sold is 33.3% higher than in Richmond, and 92.4% less than the national average. This higher local number may prevent Bellemeade home values from rising as quickly as other regions in Richmond.

      Learn more about forecast calculations or Bellemeade home values.
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        Nearby Schools in Richmond

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        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org