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Pending
    • Price cut: $14.9K (7/6)
    $215,000

    502 Fayette Ave, Richmond, VA 23222

    3beds
    1,050sqft
    : 
    $1,417/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    10,341 Square Feet Lot
    $211,400 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Off street parkingUpdated bathroomsLvp flooring
    3 bedroom Brick Rancher with 1.5 baths.LVP Flooring.Updated bathrooms.Property in good condition overall.Bankruptcy,must sell.Nice size fenced rear yard.Off street parking.Spacious living room.
    35 days
    |
    703
    |
    39
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Johnson steve.johnson@penfedrealty.com,

    BHHS PenFed Realty 804-916-3300

    Source: CVRMLS,MLS#: 2616808MLS LogoOriginating MLS: Central Virginia Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      • Dimensions: 0 x 0
      Bedroom 2
      • Level: First
      • Dimensions: 0 x 0
      Bedroom 3
      • Level: First
      • Dimensions: 0 x 0
      Other
      • Description: Shower
      • Level: First
      Half bath
      • Level: First
      Kitchen
      • Description: LVP Flooring
      • Level: First
      • Dimensions: 0 x 0
      Laundry
      • Description: Off Kitchen
      • Level: First
      • Dimensions: 0 x 0
      Living room
      • Description: LVP Flooring
      • Level: First
      • Dimensions: 0 x 0
      Heating
      • Electric
      Cooling
      • Central Air, Window Unit(s)
      Appliances
      • Included: Water Heater, Other Water Heater
      Features
      • Flooring: Wood
      • Basement: Crawl Space
      • Attic: Access Only
      Interior area
      • Total interior livable area: 1,050 sqft
      • Finished area above ground: 1,050
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Fencing: Back Yard,Fenced
      Lot
      • Size: 10,341 Square Feet
      Details
      • Parcel number: 7937404057
      • Zoning description: R3
      • Special conditions: Corporate Listing

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Confederate Heights
      Location
      • Region: Richmond

      Financial & listing details

      • Price per square foot: $205/sqft
      • Tax assessed value: $194,300
      • Annual tax amount: $1,615
      • Date on market: 6/18/2026
      • Ownership: Corporate
      • Ownership type: Corporation

        Estimated market value

        $211,400

        $201,000 - $222,000

        $2,120/mo

        Price history

        DateEventPrice
        7/13/2026Pending sale$215,000$205/sqft
        Source: CVRMLS #2616808 Report a problem
        7/6/2026Price change$215,000-6.5%$205/sqft
        Source: CVRMLS #2616808 Report a problem
        6/24/2026Price change$229,900-8%$219/sqft
        Source: CVRMLS #2616808 Report a problem
        6/19/2026Listed for sale$250,000+78.6%$238/sqft
        Source: CVRMLS #2616808 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/17/2020Listing removed$140,000$133/sqft
        Source: Owner Report a problem
        12/18/2019Listed for sale$140,000+14.8%$133/sqft
        Source: Owner Report a problem
        11/21/2012Sold$122,000+197.6%$116/sqft
        Source: Public Record Report a problem
        7/17/2012Sold$41,000+2.5%$39/sqft
        Source: CVRMLS #1214198 Report a problem
        5/31/2012Listed for sale$40,000+14.3%$38/sqft
        Source: foreclosure.com Report a problem
        3/29/2001Sold$35,000$33/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,615 +10%$192,300 +12.6%
        2024$1,469 +2.5%$170,800 +2.5%
        2023$1,434 +28%$166,700 +28%
        2022$1,120 +18.7%$130,200 +21.5%
        2021$943 +2.9%$107,200 +0.9%
        2020$917 +4%$106,200 +1.9%
        2019$882 $104,200 +4%
        2018$882 +110.5%$100,200 +5.3%
        2017$419 -50%$95,200
        2016$838 $95,200
        2015$838 $95,200
        2014$838 $95,200
        2013-- $95,200 +1.7%
        2012-- $93,600 -7.9%
        2011-- $101,600
        2010-- $101,600
        2009-- $101,600
        2008-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- $52,900
        2000-- $52,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Cloverland

        Getting around

        38 / 100
        Car-Dependent
        32 / 100
        Some Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Laburnum
        • Middle: Douglas Wilder
        • High: Henrico

        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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