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Sold for $199,950
  • $199,950

    306 N Mulberry St #U2, Richmond, VA 23220

    2beds
    850sqft
    Condominium
    Built in 1915
    -- sqft lot
    $202,600 Zestimate®
    $235/sqft
    $1,794 Estimated rent

    Home value

    $202,600

    $182,000 - $225,000

    $1,794/mo

    Zestimate® history
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    What's special

    Well-designed floor planTwo bedrooms
    In the heart of the Fan, just one block from the Virginia Museum of Fine Arts and the Virginia Museum of History & Culture, this well-positioned condominium offers immediate access to one of Richmond’s most consistently in-demand rental corridors. The residence includes two bedrooms and a well-designed floor plan suited for strong tenant appeal. The light-filled living room features a decorative (non-working) fireplace and access to a private balcony—details that enhance marketability without adding maintenance complexity. The layout supports comfortable, low-maintenance living in a neighborhood where walkability drives value. From this address, tenants can reach Carytown, VCU, and downtown Richmond within minutes, along with established dining, shopping, and major commuter routes. Proximity to cultural institutions and employment centers underpins steady rental demand and long-term appreciation potential. For Owner occupants with a strong need to be in this compelling location or investors, this presents a compelling entry point: a lower acquisition cost relative to surrounding Fan inventory while maintaining comparable rental income potential. CASH OFFERS only. The building’s non-warrantable status—due to a concentration of investor-owned units—limits traditional financing. Take this opportunity to secure this prime location. In a neighborhood where inventory is consistently absorbed, assets at this price point and location are increasingly difficult to find. This is a strategic addition to a Richmond portfolio focused on durable demand and long-term performance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Small 804-350-0879,

    PARK 27

    Bought with:

    England Rozum, 0225256013

    Nest Realty Group

    Source: CVRMLS,MLS#: 2602901MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Description: Primary Bedroom
    • Level: First
    • Dimensions: 13.9 x 11.2
    Bedroom 2
    • Description: Second Bedroom
    • Level: First
    • Dimensions: 8.4 x 11.10
    Other
    • Description: Tub & Shower
    • Level: First
    Kitchen
    • Description: Kitchen
    • Level: First
    • Dimensions: 9.6 x 4.10
    Laundry
    • Description: Laundry
    • Level: First
    • Dimensions: 8.6 x 5.6
    Living room
    • Description: Living Room
    • Level: First
    • Dimensions: 10.11 x 13.5
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Freezer, Microwave, Oven, Refrigerator, Stove, Washer
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Bedroom on Main Level, Fireplace, High Speed Internet, Wired for Data
    • Flooring: Carpet
    • Basement: Storage Space
    • Attic: None
    • Number of fireplaces: 1
    • Fireplace features: Decorative
    Interior area
    • Total interior livable area: 850 sqft
    • Finished area above ground: 850
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Balcony, Front Porch
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,275 Square Feet
    Details
    • Parcel number: W0001205022
    • Zoning description: R-48

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Colonial
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Rubber
    Condition
    • Resale
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: None
    HOA
    • Has HOA: Yes
    • Services included: Common Areas, Insurance, Maintenance Structure, Water
    • HOA fee: $212 monthly
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $235/sqft
    • Tax assessed value: $178,000
    • Annual tax amount: $2,136
    • Date on market: 3/15/2026
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    4/15/2026Sold$199,950$235/sqft
    Source: CVRMLS #2602901 Report a problem
    4/1/2026Pending sale$199,950$235/sqft
    Source: CVRMLS #2602901 Report a problem
    3/23/2026Price change$199,950-13%$235/sqft
    Source: CVRMLS #2602901 Report a problem
    3/6/2026Pending sale$229,950$271/sqft
    Source: CVRMLS #2602901 Report a problem
    2/11/2026Listed for sale$229,950+112.9%$271/sqft
    Source: CVRMLS #2602901 Report a problem
    8/25/2000Sold$108,000$127/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,136 $178,000
    2024$2,136 $178,000
    2023$2,136 $178,000
    2022$2,136 $178,000
    2021$2,136 $178,000
    2020$2,136 +6%$178,000 +6%
    2019$2,016 +7.7%$168,000 +7.7%
    2018$1,872 +11.4%$156,000 +4%
    2017$1,680 $150,000
    2016$1,680 $150,000 +7.1%
    2015$1,680 $140,000
    2014$1,680 $140,000
    2013-- $140,000 -0.7%
    2012-- $141,000 -19%
    2011-- $174,000
    2010-- $174,000 -9.8%
    2009-- $193,000
    2008-- $193,000
    2007-- $193,000 +12.2%
    2006-- $172,000 +6.2%
    2005-- $162,000 +67%
    2003-- $97,000
    2002-- $97,000 +29.3%
    2001$1,073 $75,000
    Find assessor info on the county website

    Neighborhood: The Fan

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fox
    • Middle: Dogwood
    • High: Thomas Jefferson

    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
    $202,600
    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
    $202,600