Large Location Icon

505 Bancroft Ave; Richmond, VA Property Details

505 Bancroft Ave, Richmond, VA is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 505 Bancroft Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,560 square feet. The lot size of 505 Bancroft Ave is 6,011 square feet.

Off market
505 Bancroft Ave Richmond, VA 23222
$164,000 Listing Price
4 Beds
2 Baths
1,560 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Purchase Price: $164,000
  • Open Loans / Balance: 1 / $115,421
  • Est. Equity / %: $111,579 / 49.15%
  • Gross Yield: 10.879%
  • APN: N-000-1149-003
  • Situs County: Richmond City
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Building Style: Wood
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable Or Hip
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,560/SqFt
  • Lot: 6,011/SqFt
  • Living: 1,560/SqFt
  • Building: 1,560/SqFt
  • Ground: 766/SqFt
  • Price Per Square Foot: $105.13

Legal Description

  • Description: W HIGHLAND PARK L5-6 BD; 0050.00X0120.00 0000.000
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Richmond City Public Schools
  • Lat / Lon: 37.575813 / -77.425186
  • Subdivision: West Highland
  • Property Class: Residential
  • Zoning: R-5 SINGLE
  • County Use Code: 120

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2808
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Heat Pump

HOA

  • H O A One Type: Home Owner Association

Ownership Info

505 Bancroft Ave has no associated ownership info
505 Bancroft Ave has no associated ownership info.

Taxes

505 Bancroft Ave has 10 associated Taxes items

505 Bancroft Ave, Richmond, VA pays taxes in Richmond City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $229,000. The APN we've located for 505 Bancroft Ave is N-000-1149-003.

Unlock the full report
Taxes
  • Assessed Value:  $229,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  N-000-1149-003
  • Assessed Land Value:  69000
  • Market Land Value:  69000
  • Tax Amount:  2748
  • Tax Year:  2026
  • Market Value:  229000
  • Market Year:  2026

Tax History

505 Bancroft Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $229,000 Land Value $69,000 Improvement Value $160,000 Tax Amount $2,748 Change Rate +0.122549% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,448 Change Rate +0.068063% Assessed CR Tax Rate
Year 2024 Assessed Value $191,000 Land Value $61,000 Improvement Value $130,000 Tax Amount $2,292 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $185,000 Land Value $61,000 Improvement Value $124,000 Tax Amount $2,292 Change Rate +0.136905% Assessed CR Tax Rate +0.012389%
Year 2022 Assessed Value $168,000 Land Value $44,000 Improvement Value $124,000 Tax Amount $2,016 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $155,000 Land Value $34,000 Improvement Value $121,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $140,000 Land Value $34,000 Improvement Value $106,000 Tax Amount $1,680 Change Rate +0.052632% Assessed CR Tax Rate +0.012%
Year 2019 Assessed Value $133,000 Land Value $25,000 Improvement Value $108,000 Tax Amount $1,596 Change Rate +0.136752% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $117,000 Land Value $25,000 Improvement Value $92,000 Tax Amount $1,404 Change Rate Assessed CR Tax Rate +0.012%
Year 2017 Assessed Value $117,000 Land Value $25,000 Improvement Value $92,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $114,000 Land Value $25,000 Improvement Value $89,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $114,000 Land Value $25,000 Improvement Value $89,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $114,000 Land Value $25,000 Improvement Value $89,000 Tax Amount $1,368 Change Rate Assessed CR Tax Rate +0.012%