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Sold for $245,000
    • $245,000

    505 Fayette Ave, Richmond, VA 23222

    2beds
    1,053sqft
    Single Family Residence
    Built in 1948
    0.35 Acres Lot
    $251,600 Zestimate®
    $233/sqft
    $1,773 Estimated rent

    Home value

    $251,600

    $231,000 - $274,000

    $1,773/mo

    Zestimate® history
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    What's special

    Dimensional shingle roofSpacious backyardGranite countertopsRecessed lightingLarge covered front porchRear deckEnergy-efficient vinyl windows
    Charming Renovated Cape Cod in Confederate Heights! Welcome to 505 Fayette Avenue, a beautifully updated 2-bedroom, 1-bath home offering the best of both worlds—classic 1948 charm and modern updates throughout. With 1,053 finished square feet, this home provides one-level living plus a huge walk-up attic ready for your finishing touches or extra storage. Fully renovated in 2012, the home features hardwood floors, energy-efficient vinyl windows, and a maintenance-free brick and vinyl exterior. The spacious living room boasts a ceiling fan and abundant natural light, while the adjoining dining room flows seamlessly into the updated kitchen, complete with granite countertops, recessed lighting, tile flooring, and plenty of cabinetry. White kitchen appliances, including a stack washer/dryer, are also included. The full bath has been stylishly updated with a classic subway-tiled tub/shower combo. Both bedrooms are generously sized with hardwood floors, ceiling fans, and large closets. Enjoy relaxing on the large covered front porch or entertaining on the rear deck overlooking a spacious backyard. The home also features a dimensional shingle roof (2015) and offers unbeatable convenience—just off Laburnum Avenue, minutes from Richmond Raceway, Northside, and downtown Richmond. Don’t miss this move-in ready gem full of character and comfort!

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Gee (804)393-1038,

    Long & Foster REALTORS

    Bought with:

    Courtney Haag, 0225246662

    River Fox Realty

    Source: CVRMLS,MLS#: 2524568MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Description: hardwood floors, ceiling fan/light, closet
    • Level: First
    • Dimensions: 0 x 0
    Bedroom 2
    • Description: hardwood floors, ceiling fan/light, closet
    • Level: First
    • Dimensions: 0 x 0
    Additional room
    • Description: walk-up attic, GREAT storage & potential
    • Level: First
    • Dimensions: 0 x 0
    Dining room
    • Description: hardwood floors, open to kitchen/living room
    • Level: First
    • Dimensions: 0 x 0
    Other
    • Description: Tub & Shower
    • Level: First
    Kitchen
    • Description: tile, granite, white cabinetry, recessed lights
    • Level: First
    • Dimensions: 0 x 0
    Laundry
    • Description: stack washer/dryer in kitchen
    • Level: First
    • Dimensions: 0 x 0
    Living room
    • Description: hardwood floors, ceiling fan/light
    • Level: First
    • Dimensions: 0 x 0
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Washer/Dryer Stacked, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Features
    • Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, Main Level Primary
    • Flooring: Tile, Wood
    • Windows: Thermal Windows
    • Basement: Crawl Space
    • Attic: Floored,Walk-up
    Interior area
    • Total interior livable area: 1,053 sqft
    • Finished area above ground: 1,053
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, No Garage, Off Street, Unpaved
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half,One
    • Patio & porch: Rear Porch, Front Porch, Deck, Porch
    • Exterior features: Deck, Porch, Unpaved Driveway
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 0.35 Acres
    • Features: Level
    • Topography: Level
    Details
    • Parcel number: 7937405340
    • Zoning description: R3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Drywall, Vinyl Siding
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Confederate Heights
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $233/sqft
    • Tax assessed value: $188,500
    • Annual tax amount: $1,583
    • Date on market: 12/28/2025
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    10/27/2025Sold$245,000-2%$233/sqft
    Source: CVRMLS #2524568 Report a problem
    9/27/2025Pending sale$249,950$237/sqft
    Source: CVRMLS #2524568 Report a problem
    9/15/2025Price change$249,950-3.8%$237/sqft
    Source: CVRMLS #2524568 Report a problem
    9/2/2025Listed for sale$259,950-3.7%$247/sqft
    Source: CVRMLS #2524568 Report a problem
    9/1/2025Listing removed$269,950$256/sqft
    Source: Long & Foster Broker Feed #2513259 Report a problem
    8/16/2025Listed for sale$269,950-3.4%$256/sqft
    Source: CVRMLS #2513259 Report a problem
    8/6/2025Listing removed$279,500$265/sqft
    Source: Long & Foster Broker Feed #2513259 Report a problem
    7/22/2025Price change$279,500-3.5%$265/sqft
    Source: CVRMLS #2513259 Report a problem
    7/14/2025Price change$289,500-3.5%$275/sqft
    Source: CVRMLS #2513259 Report a problem
    6/4/2025Price change$299,9500%$285/sqft
    Source: CVRMLS #2513259 Report a problem
    5/21/2025Listed for sale$300,000+782.4%$285/sqft
    Source: CVRMLS #2513259 Report a problem
    4/8/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/31/2024Listed for rent$1,695+30.9%$2/sqft
    Source: Zillow Rentals Report a problem
    3/21/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/18/2022Listed for rent$1,295$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/27/2012Sold$34,000+9.7%$32/sqft
    Source: CVRMLS #1204589 Report a problem
    2/24/2012Listed for sale$30,999-8.7%$29/sqft
    Source: Virginia Capital Realty LLC. #1204589 Report a problem
    10/3/2011Sold$33,948-32.1%$32/sqft
    Source: Public Record Report a problem
    10/4/1999Sold$50,000$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,583 +10%$188,500 +12.6%
    2024$1,440 +2.4%$167,400 +2.4%
    2023$1,405 +29.5%$163,400 +29.5%
    2022$1,085 +18.7%$126,200 +21.5%
    2021$914 +2.9%$103,900 +1%
    2020$889 +4%$102,900 +1.9%
    2019$855 $101,000 +4%
    2018$855 +110.6%$97,100 +5.3%
    2017$406 -50%$92,200
    2016$811 $92,200
    2015$811 $92,200
    2014$811 $92,200
    2013-- $92,200 -7.2%
    2012-- $99,400 -8%
    2011-- $108,000
    2010-- $108,000
    2009-- $108,000
    2008-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- $63,300
    2000-- $63,300
    Find assessor info on the county website

    Neighborhood: Cloverland

    Nearby homes

    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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    Estimated market value
    $251,600
    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
    $251,600

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