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509 Bancroft Ave; Richmond, VA Property Details

509 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 509 Bancroft Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,436 square feet. The lot size of 509 Bancroft Ave is 6,011 square feet.

Off market
509 Bancroft Ave Richmond, VA 23222
$287,515 Listing Price
3 Beds
2.5 Baths
1,436 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1923
  • Purchase Price: $287,515
  • Open Loans / Balance: 1 / $136,348
  • Est. Equity / %: $228,652 / 62.64%
  • Gross Yield: 8.39%
  • APN: N-000-1149-005
  • Situs County: Richmond City
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • 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
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,436/SqFt
  • Lot: 6,011/SqFt
  • Living: 1,436/SqFt
  • Building: 1,436/SqFt
  • Ground: 718/SqFt
  • Price Per Square Foot: $200.22

Legal Description

  • Description: W HIGHLAND PARK L9-10 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: 37.575768 / -77.42486
  • Property Class: Residential
  • Zoning: R-5 SINGLE
  • County Use Code: 120

Amenities

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

HOA

  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

509 Bancroft Ave has 10 associated Taxes items

509 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 $349,000. The APN we've located for 509 Bancroft Ave is N-000-1149-005.

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Taxes
  • Assessed Value:  $349,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  N-000-1149-005
  • Assessed Land Value:  69000
  • Market Land Value:  69000
  • Tax Amount:  4188
  • Tax Year:  2026
  • Market Value:  349000
  • Market Year:  2026

Tax History

509 Bancroft Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $349,000 Land Value $69,000 Improvement Value $280,000 Tax Amount $4,188 Change Rate +0.11859% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,744 Change Rate +0.061224% Assessed CR Tax Rate
Year 2024 Assessed Value $294,000 Land Value $61,000 Improvement Value $233,000 Tax Amount $3,528 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $257,000 Land Value $61,000 Improvement Value $196,000 Tax Amount $3,528 Change Rate +0.295154% Assessed CR Tax Rate +0.013728%
Year 2022 Assessed Value $227,000 Land Value $44,000 Improvement Value $183,000 Tax Amount $2,724 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $212,000 Land Value $34,000 Improvement Value $178,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $200,000 Land Value $34,000 Improvement Value $166,000 Tax Amount $2,400 Change Rate +1.197802% Assessed CR Tax Rate +0.012%
Year 2019 Assessed Value $91,000 Land Value $25,000 Improvement Value $66,000 Tax Amount $1,092 Change Rate +0.034091% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $88,000 Land Value $25,000 Improvement Value $63,000 Tax Amount $1,056 Change Rate Assessed CR Tax Rate +0.012%
Year 2017 Assessed Value $88,000 Land Value $25,000 Improvement Value $63,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $88,000 Land Value $25,000 Improvement Value $63,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $88,000 Land Value $25,000 Improvement Value $63,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $88,000 Land Value $25,000 Improvement Value $63,000 Tax Amount $739.2 Change Rate Assessed CR Tax Rate +0.0084%