Large Location Icon

507 Hancock St; Richmond, VA Property Details

507 Hancock St, Richmond, VA is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 507 Hancock St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,108 square feet. The lot size of 507 Hancock St is 1,742 square feet.

Off market
507 Hancock St Richmond, VA 23220
$300,000 Listing Price
2 Beds
1.5 Baths
1,108 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $300,000
  • Open Loans / Balance: 1 / $239,167
  • Est. Equity / %: $87,833 / 26.86%
  • Gross Yield: 8.25%
  • APN: N-000-0387-058
  • Situs County: Richmond City
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Building Quality: C+
  • Roof Type: Flat
  • Porch Type: Open
  • Roof Cover Type: Roll Composition
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,108/SqFt
  • Lot: 1,742/SqFt
  • Living: 1,108/SqFt
  • Building: 1,108/SqFt
  • Ground: 589/SqFt
  • Price Per Square Foot: $270.76

Legal Description

  • Description: HANCOCK ST L7; 0015.00X0116.23 0000.040 AC
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: 37.55322 / -77.449265
  • Subdivision: Hancock St
  • Property Class: Residential
  • Zoning: R-7 SINGLE
  • County Use Code: 120

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3130
  • Cooling: Central
  • Heating: Heat Pump

Ownership Info

507 Hancock St has no associated ownership info
507 Hancock St has no associated ownership info.

Taxes

507 Hancock St has 10 associated Taxes items

507 Hancock St, 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 $293,000. The APN we've located for 507 Hancock St is N-000-0387-058.

Unlock the full report
Taxes
  • Assessed Value:  $293,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  N-000-0387-058
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  3516
  • Tax Year:  2026
  • Market Value:  293000
  • Market Year:  2026

Tax History

507 Hancock St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $293,000 Land Value $75,000 Improvement Value $218,000 Tax Amount $3,516 Change Rate +0.042705% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,372 Change Rate +0.221739% Assessed CR Tax Rate
Year 2024 Assessed Value $230,000 Land Value $70,000 Improvement Value $160,000 Tax Amount $2,760 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $200,000 Land Value $70,000 Improvement Value $130,000 Tax Amount $2,760 Change Rate +0.292135% Assessed CR Tax Rate +0.0138%
Year 2022 Assessed Value $178,000 Land Value $60,000 Improvement Value $118,000 Tax Amount $2,136 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $170,000 Land Value $55,000 Improvement Value $115,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $168,000 Land Value $45,000 Improvement Value $123,000 Tax Amount $2,016 Change Rate +0.070064% Assessed CR Tax Rate +0.012%
Year 2019 Assessed Value $157,000 Land Value $45,000 Improvement Value $112,000 Tax Amount $1,884 Change Rate +0.137681% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $138,000 Land Value $30,000 Improvement Value $108,000 Tax Amount $1,656 Change Rate Assessed CR Tax Rate +0.012%
Year 2017 Assessed Value $130,000 Land Value $25,000 Improvement Value $105,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $127,000 Land Value $25,000 Improvement Value $102,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $126,000 Land Value $25,000 Improvement Value $101,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $126,000 Land Value $25,000 Improvement Value $101,000 Tax Amount $327.6 Change Rate Assessed CR Tax Rate +0.0026%