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506 Bancroft Ave; Richmond, VA Property Details

506 Bancroft Ave, Richmond, VA is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 506 Bancroft Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,204 square feet. The lot size of 506 Bancroft Ave is 4,095 square feet.

Off market
506 Bancroft Ave Richmond, VA 23222
$325,000 Listing Price
3 Beds
2.5 Baths
1,204 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $325,000
  • Open Loans / Balance: 1 / $303,456
  • Est. Equity / %: $43,544 / 12.55%
  • Gross Yield: 7.421%
  • APN: N-000-1260-019
  • Situs County: Richmond City
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Building Quality: C-
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Metal
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,204/SqFt
  • Lot: 4,095/SqFt
  • Living: 1,204/SqFt
  • Basement: 286/SqFt
  • Building: 1,204/SqFt
  • Ground: 632/SqFt
  • Basement Unfinished: 286/SqFt
  • Price Per Square Foot: $269.93

Legal Description

  • Description: N HIGHLAND PARK L4-5 B1; 0034.00X0120.00 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: 37.576134 / -77.42509
  • Subdivision: North Highland Park
  • Property Class: Residential
  • Zoning: R-5 SINGLE
  • County Use Code: 120

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2809
  • Cooling: None
  • Fireplaces: 1
  • Heating: Heat Pump

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

506 Bancroft Ave has 10 associated Taxes items

506 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 $347,000. The APN we've located for 506 Bancroft Ave is N-000-1260-019.

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Taxes
  • Assessed Value:  $347,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  N-000-1260-019
  • Assessed Land Value:  64000
  • Market Land Value:  64000
  • Tax Amount:  4164
  • Tax Year:  2026
  • Market Value:  347000
  • Market Year:  2026

Tax History

506 Bancroft Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $347,000 Land Value $64,000 Improvement Value $283,000 Tax Amount $4,164 Change Rate +0.19244% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,492 Change Rate +1.034965% Assessed CR Tax Rate
Year 2024 Assessed Value $143,000 Land Value $58,000 Improvement Value $85,000 Tax Amount $1,716 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $139,000 Land Value $58,000 Improvement Value $81,000 Tax Amount $1,716 Change Rate +0.162602% Assessed CR Tax Rate +0.012345%
Year 2022 Assessed Value $123,000 Land Value $42,000 Improvement Value $81,000 Tax Amount $1,476 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $111,000 Land Value $32,000 Improvement Value $79,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $102,000 Land Value $32,000 Improvement Value $70,000 Tax Amount $1,224 Change Rate +0.2% Assessed CR Tax Rate +0.012%
Year 2019 Assessed Value $85,000 Land Value $20,000 Improvement Value $65,000 Tax Amount $1,020 Change Rate +0.036585% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $82,000 Land Value $20,000 Improvement Value $62,000 Tax Amount $984 Change Rate Assessed CR Tax Rate +0.012%
Year 2017 Assessed Value $80,000 Land Value $20,000 Improvement Value $60,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $78,000 Land Value $20,000 Improvement Value $58,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $77,000 Land Value $20,000 Improvement Value $57,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $77,000 Land Value $20,000 Improvement Value $57,000 Tax Amount $462 Change Rate Assessed CR Tax Rate +0.006%