15 days on rocket

Sale Pending

2918 Semmes Ave, Richmond, VA, 23225

$340,000

Home List Price

$4,038*

Closing Credit

0 Baths
3,102 SqFt
$110/SqFt
Multi
Schools Nearby

Location

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2918 Semmes Ave, Richmond$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Garage
Garage1 space
Year Built1930
MLS #2412648
Lot Size0.21 Acres
StatusSale Pending
(Pending)

About 2918 Semmes Ave

Overlooking tree-lined Semmes Ave, this duplex exudes charm and stands ready to be rejuvenated. As you approach, the large front porch greets you, hinting at the potential this property has. Upon entry, you're greeted by spacious interiors, wood floors, high ceilings and charm yet to be revealed. Each unit boasts ample living space, with sizable bedrooms and living areas promising comfort and functionality. Venturing outside, a detached garage stands, offering potential as a workshop or storage space with a little TLC. A second-floor rear balcony overlooks the spacious backyard. This duplex holds immense income potential for the savvy investor or owner-occupant. With its prime location close to Patrick Henry School for A&S, local shops, the James River and parks, and spacious layout, a revitalization project could transform this property into a lucrative investment or charming home for years to come.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1930
  • Stories: 2
  • Living Area: 3,102 SqFt

Listing Office:

  • Office Name: Rashkind Saunders & Co.
  • Office Phone: (804) 308-5211
  • Listing Agent: Jason Hester

Interior Features

Interior Information:

  • Basement: No
  • Interior: Bedroom on Main Level, High Ceilings

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

School Info

Assigned Schools Information:

  • George Wythe High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Franklin Military Academy, Public District Grades 6-12
  • Westover Hills Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Located on the eastbound side of Semmes Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000
  • Price Per SqFt: $110/SqFt

Tax Information:

  • Annual Amount: $3,900
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

Med. Sold Price

$346.3K

Med. Price/SqFt

$218

Avg. Days On Market

18

# of Sold Homes

376

2918 Semmes Ave vs Richmond

15 DAYS ON ROCKET

-3 Days

$340,000

-$6.3K Less

$110/SqFt

-$108 Less

KEY TAKEAWAY

This property is $6.3K less than the Median Sold Price and $108/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2412648

Listing Office:

  • Office Name: Rashkind Saunders & Co.
  • Office Phone: (804) 308-5211
  • Listing Agent: Jason Hester

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 1:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,900$340,000
2020$3,900$325,000
2019$2,988$322,000
2018$2,988$249,000

History based on county public records data.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6415071
2
/10
  • Westover Hills Elementary School

  • 1211 Jahnke Rd

  • 1.54 miles

  • Public District Grades PK-5

High School

school-card-donut-6415072
2
/10
  • George Wythe High School

  • 4314 Crutchfield St

  • 1.15 miles

  • Public District Grades 9-12

school-card-donut-6415073
9
/10
  • Open High School

  • 600 S Pine St

  • 1.56 miles

  • Public District Grades 9-12

school-card-donut-6415074
7
/10
  • Franklin Military Academy

  • 701 N 37th St

  • 3.40 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,875. The majority of Richmond, VA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaRichmond232252918 Semmes Ave

This home is located at 2918 Semmes Ave in Richmond, VA and zip code 23225 in the South Side neighborhood. This 3,102 square foot home, which was built in 1930, sits on a 0.21 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $340,000.

Over 201 listings were sold over their listed price in April 2024 in Richmond, VA. In the same period over 85 listings were sold below the listed price and 89 listings were sold for the listed price. In April 2024 in Richmond, VA there were 10% more homes for sale than in March 2024. In April 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $346,381.

From Rocket Homes Real Estate and based on county public records data.

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