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Off market
  • $352,800

    1201 Magnolia St, Richmond, VA 23222

    4beds
    2,940sqft
    Detached
    Built in 1916
    0.37 Acres Lot
    $352,800 Zestimate®
    $120/sqft
    $2,358 Estimated rent

    Home value

    $352,800

    $307,000 - $395,000

    $2,358/mo

    Zestimate® history
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    Owner options

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    $2,358/mo

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    $2,358/mo

    Rent Zestimate®

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    $2,197/mo

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    $2,197/mo

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    What's special

    ***Investor special***This is a beautiful historic home that is prime for a 203k loan. Not a lot of work is needed and if this house done right it should push $300,000! This house is currently waiting to be flipped but the owner has to many jobs currently going and is willing to give it up instead of tying up his contractors and cash. It was rented up until June 2017 for $1500 a month and would not take much work at all to get it back ready to be rented again. There are not many investment opportunities left at this price point. There are 2 other properties at 3313 2nd and 608 Hazelhurst that are in similar condition and also for sale. Owner would be willing to package the homes. All 3 Properties are sold as is and this is the reason for the discounted prices.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Unfinished
    • Attic: No Attic
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,940 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off-street
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Park, City
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: N0000653001

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Detached
    Materials
    • Wood
    • Foundation: Crawl/Raised
    • Roof: Metal
    Condition
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $120/sqft
    • Tax assessed value: $323,000
    • Annual tax amount: $3,876

    Price history

    DateEventPrice
    12/29/2017Sold$159,950$54/sqft
    Source: CVRMLS #1734061 Report a problem
    9/25/2017Listing removed$159,950$54/sqft
    Source: Turnkey Realty Services #1734061 Report a problem
    9/21/2017Listed for sale$159,950+11325%$54/sqft
    Source: Turnkey Realty Services #1734061 Report a problem
    6/17/2015Listing removed$1,500$1/sqft
    Source: City Leasing and Sales, LLC Report a problem
    5/18/2015Price change$1,500+7.1%$1/sqft
    Source: City Leasing and Sales, LLC Report a problem
    9/21/2012Listing removed$1,400-99.2%
    Source: City Leasing and Sales, LLC Report a problem
    8/4/2012Listed for rent$1,400
    Source: City Leasing and Sales, LLC Report a problem
    7/27/2012Listed for sale$174,950+16.7%$60/sqft
    Source: RE/MAX COMMONWEALTH #1218965 Report a problem
    10/11/2011Listing removed$149,950$51/sqft
    Source: RE/MAX COMMONWEALTH #1126556 Report a problem
    10/6/2011Listed for sale$149,950+124.6%$51/sqft
    Source: RE/MAX Commonwealth #1126556 Report a problem
    9/24/2009Sold$66,750$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,876 +3.9%$323,000 +3.9%
    2024$3,732 $311,000
    2023$3,732 $311,000
    2022$3,732 +38.2%$311,000 +38.2%
    2021$2,700 $225,000
    2020$2,700 +44.2%$225,000 +44.2%
    2019$1,872 +10.6%$156,000 +10.6%
    2018$1,692 +163.6%$141,000 +0.7%
    2017$642 $140,000 +2.9%
    2016$642 $136,000 +1.5%
    2015$642 $134,000 +25.2%
    2014$642 $107,000
    2013-- $107,000 -3.6%
    2012-- $111,000 -5.9%
    2011-- $118,000
    Find assessor info on the county website

    Neighborhood: Highland Park Southern Tip

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Overby-Sheppard
    • Middle: Martin Luther King Jr.
    • High: Armstrong
    • District: RICHMOND CITY PBLC SCHS

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $352,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $352,800