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502 E Read St; Richmond, VA Property Details

502 E Read St, Richmond, VA is a Single Family that was built in 1947. This property is currently a cash purchase and is not for sale. Our records show that 502 E Read St has 4 bedrooms, and 1 bathroom, and a total of 1,330 square feet. The lot size of 502 E Read St is 9,064 square feet.

For Rent
502 E Read St Richmond, VA 23075
$1,435 Listing Price
4 Beds
1 Baths
1,330 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1947
  • Purchase Price: $222,000
  • Est. Equity / %: $312,000 / 100%
  • Gross Yield: 9.346%
  • APN: 823-722-2091
  • Situs County: Henrico
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Fair
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,330/SqFt
  • Lot: 9,064/SqFt
  • Gross: 1,714/SqFt
  • Garage: 360/SqFt
  • Living: 1,330/SqFt
  • Building: 1,330/SqFt
  • Ground: 946/SqFt
  • Price Per Square Foot: $166.92

Legal Description

  • Description: 0148130000D 0043; HIGHLAND TERRACE LT 43 12 B2 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Henrico County Public Schools
  • Lat / Lon: 37.541653 / -77.326385
  • Subdivision: Highland Terrace
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 210

Amenities

  • Plus Four: 1728
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

502 E Read St has no associated ownership info
502 E Read St has no associated ownership info.

Taxes

502 E Read St has 10 associated Taxes items

502 E Read St, Richmond, VA pays taxes in Henrico County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $300,200. The APN we've located for 502 E Read St is 823-722-2091.

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Taxes
  • Assessed Value:  $300,200
  • Assessed Year:  2026
  • Assessed County:  Henrico
  • APN:  823-722-2091
  • Assessed Land Value:  35000
  • Market Land Value:  35000
  • Tax Amount:  2562
  • Tax Year:  2026
  • Market Value:  300200
  • Market Year:  2026

Tax History

502 E Read St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $300,200 Land Value $35,000 Improvement Value $265,200 Tax Amount $2,562 Change Rate Assessed CR Tax Rate +0.008534%
Year 2025 Assessed Value $268,500 Land Value $29,900 Improvement Value $238,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $247,600 Land Value $27,600 Improvement Value $220,000 Tax Amount $2,309.12 Change Rate +0.110239% Assessed CR Tax Rate +0.009326%
Year 2023 Assessed Value $247,600 Land Value $27,600 Improvement Value $220,000 Tax Amount $2,079.84 Change Rate +0.169448% Assessed CR Tax Rate +0.0084%
Year 2022 Assessed Value $206,800 Land Value $27,600 Improvement Value $179,200 Tax Amount $1,778.48 Change Rate +0.772807% Assessed CR Tax Rate +0.0086%
Year 2021 Assessed Value $104,400 Land Value $22,100 Improvement Value $82,300 Tax Amount $1,003.2 Change Rate +0.091954% Assessed CR Tax Rate +0.009609%
Year 2020 Assessed Value $104,400 Land Value $22,100 Improvement Value $82,300 Tax Amount $918.72 Change Rate +0.076831% Assessed CR Tax Rate +0.0088%
Year 2019 Assessed Value $102,100 Land Value $19,800 Improvement Value $82,300 Tax Amount $853.17 Change Rate +0.159703% Assessed CR Tax Rate +0.008356%
Year 2018 Assessed Value $91,800 Land Value $19,800 Improvement Value $72,000 Tax Amount $735.68 Change Rate Assessed CR Tax Rate +0.008014%
Year 2017 Assessed Value $83,600 Land Value $19,800 Improvement Value $63,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $77,900 Land Value $19,800 Improvement Value $58,100 Tax Amount $685.54 Change Rate Assessed CR Tax Rate +0.0088%
Year 2015 Assessed Value $76,700 Land Value $23,500 Improvement Value $53,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $76,700 Land Value $23,500 Improvement Value $53,200 Tax Amount $674.98 Change Rate Assessed CR Tax Rate +0.0088%