Don't miss this excellent investment opportunity in the rapidly growing East End of Richmond! Located at 2502 Redwood Avenue, this 2-bedroom, 1-bathroom home is full of potential and is being sold As-Is, making it a perfect option for investors, flippers, or buyers looking to add value with their personal touch. This home features a functional layout with plenty of natural light, spacious bedrooms, and an eat-in kitchen with ample cabinet space. The full bathroom is clean and serviceable, and there is opportunity throughout the home to update and build equity. The private backyard offers space for outdoor living or future enhancement. Located just minutes from Downtown Richmond.
Sold for $145,000
$145,000
2502 Redwood Ave, Richmond, VA 23223
2beds
698sqft
Single Family Residence
Built in 1949
5,688 Square Feet Lot
$180,900 Zestimate®
$208/sqft
$1,467 Estimated rent
Home value
$180,900
$157,000 - $204,000
$1,467/mo
Zestimate® history
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$929/mo
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List your homeWhat's special
Private backyardFunctional layoutPlenty of natural lightSpacious bedroomsEat-in kitchenAmple cabinet spaceSpace for outdoor living
Zillow last checked:
Listing updated:
Listed by:
Rebecca Hodges rahodges758@aol.com,
Samson Properties
Bought with:
Raina Farooq, 0225273765
Wainwright Real Estate
Source: CVRMLS,MLS#: 2528657
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Description: Tub & Shower
- Level: First
Heating
- Baseboard, None
Cooling
- None
Features
- Basement: Crawl Space
- Attic: Access Only
Interior area
- Total interior livable area: 698 sqft
- Finished area above ground: 698
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Full
Lot
- Size: 5,688 Square Feet
Details
- Parcel number: E0120278009
- Zoning description: R-5
- Special conditions: Other
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Glen Lea Heights
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $98,000
- Annual tax amount: $1,176
- Date on market: 1/18/2026
- Ownership: Other
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Sold | $145,000-12.1%$208/sqft |
Source:  CVRMLS #2528657 Report a problem | ||
| 10/14/2025 | Pending sale | $165,000$236/sqft |
Source: CVRMLS #2528657 Report a problem | ||
| 10/10/2025 | Listed for sale | $165,000-8.3%$236/sqft |
Source: CVRMLS #2528657 Report a problem | ||
| 7/31/2025 | Listing removed | $180,000$258/sqft |
Source: CVRMLS #2510345 Report a problem | ||
| 7/16/2025 | Price change | $180,000-5.3%$258/sqft |
Source: CVRMLS #2510345 Report a problem | ||
| 7/10/2025 | Price change | $190,000-5%$272/sqft |
Source: CVRMLS #2510345 Report a problem | ||
| 6/28/2025 | Price change | $200,000-4.8%$287/sqft |
Source: CVRMLS #2510345 Report a problem | ||
| 6/16/2025 | Price change | $210,000-6.7%$301/sqft |
Source: CVRMLS #2510345 Report a problem | ||
| 5/24/2025 | Price change | $225,000-4.3%$322/sqft |
Source: CVRMLS #2510345 Report a problem | ||
| 5/8/2025 | Price change | $235,000-4.1%$337/sqft |
Source: CVRMLS #2510345 Report a problem | ||
| 4/24/2025 | Price change | $245,000-2%$351/sqft |
Source: CVRMLS #2510345 Report a problem | ||
| 4/16/2025 | Listed for sale | $250,000$358/sqft |
Source: CVRMLS #2510345 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,176 +5.4% | $98,000 +5.4% |
| 2024 | $1,116 +8.1% | $93,000 +8.1% |
| 2023 | $1,032 | $86,000 |
| 2022 | $1,032 +50.9% | $86,000 +50.9% |
| 2021 | $684 +14% | $57,000 +14% |
| 2020 | $600 +4.2% | $50,000 +4.2% |
| 2019 | $576 +4.3% | $48,000 +4.3% |
| 2018 | $552 -2.1% | $46,000 |
| 2017 | $564 | $46,000 |
| 2016 | $564 | $46,000 |
| 2015 | $564 | $46,000 -2.1% |
| 2014 | $564 | $47,000 |
| 2013 | -- | $47,000 -4.1% |
| 2012 | -- | $49,000 -12.5% |
| 2011 | -- | $56,000 |
| 2010 | -- | $56,000 -0.7% |
| 2009 | -- | $56,400 +23.4% |
| 2008 | -- | $45,700 +2.2% |
| 2007 | -- | $44,700 |
| 2006 | -- | $44,700 +9.6% |
| 2005 | -- | $40,800 +17.6% |
| 2003 | -- | $34,700 +3.3% |
| 2002 | -- | $33,600 |
| 2001 | $480 | $33,600 |
Find assessor info on the county website
Neighborhood: Eastview
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Nearby schools
GreatSchools rating
- 1/10Woodville Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 1/10Martin Luther King Jr. Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Armstrong High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Fairfield
- Middle: Martin Luther King Jr.
- High: Armstrong
Source: CVRMLS. 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
$180,900
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
$180,900
- Virginia
- Richmond City
- Richmond
- 23223
- Eastview
- 2502 Redwood Ave
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