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Off market
  • Tax assessed value
    $552,000

    514 W Clay St, Richmond, VA 23220

    --beds
    0baths
    2,802sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $197/sqft
    $2,214 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,214/mo

    Zestimate® history
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    What's special

    Real Estate Investors and Parents of VCU Students rental property this close to the university can be a little gold mine of cash flow! This historic income producing two-unit, 2-story, semi-detached rowhouse in Jackson Ward, located just a couple of blocks from VCU, the Art District and interstate access, will certainly be one of the more sure bets to boost your portfolio. Unit 1 is ground level, has 1,400 SF, 2 bedrooms and 1 bathroom, plus a formal living room and 2 spacious covered porches, while Unit 2 is second level, consists of 1,402 SF, 2 bedrooms and 1 bathroom, plus a formal living room, a front parlor--perfect for an office or studio and 2 private covered balconies. Both units feature a separate formal dining room with HUGE walk-in closet (which could EASILY be used as a 3rd bedroom to generate addl rental income) replacement windows, ceiling fans in most rooms, and, are dressed with original detailing such as fireplace mantles, wood floors, glass window panes, moulding and pocket doors. Modified Bitumen roof installed about 2005, re-coated 2015. If youve been exploring your investment options, the RIGHT CHOICE is RIGHT HERE!

    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
    • Bathrooms: 0
    Heating
    • Heat pump
    Cooling
    • Central
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,802 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 2,700 Square Feet
    Details
    • Parcel number: N0000242020

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • brick
    • Foundation: Crawl/Raised
    • Roof: Metal
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $197/sqft
    • Tax assessed value: $552,000
    • Annual tax amount: $6,624

    Price history

    DateEventPrice
    7/7/2016Sold$180,500-26.9%$64/sqft
    Source: Agent Provided Report a problem
    12/21/2015Sold$247,000+2.9%$88/sqft
    Source: CVRMLS #1530681 Report a problem
    11/18/2015Listing removed$925
    Source: The Property Shop Report a problem
    11/18/2015Listed for sale$240,000$86/sqft
    Source: Keller Williams Realty #1530681 Report a problem
    10/8/2015Price change$925-7%
    Source: The Property Shop Report a problem
    9/25/2015Price change$995-5.2%
    Source: The Property Shop Report a problem
    9/5/2015Listed for rent$1,050+5%
    Source: Zillow Rental Network Report a problem
    5/14/2015Listing removed$1,000
    Source: Zillow Rental Network Report a problem
    4/28/2015Price change$1,000-9.1%
    Source: Zillow Rental Network Report a problem
    4/7/2015Price change$1,100-8.3%
    Source: Zillow Rental Network Report a problem
    3/26/2015Listed for rent$1,200
    Source: Zillow Rental Network Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,624 +1.7%$552,000 +1.7%
    2024$6,516 +7.3%$543,000 +7.3%
    2023$6,072 $506,000
    2022$6,072 +33.2%$506,000 +33.2%
    2021$4,560 +0.8%$380,000 +0.8%
    2020$4,524 +5.9%$377,000 +5.9%
    2019$4,272 +1.4%$356,000 +1.4%
    2018$4,212 +106.5%$351,000 +42.1%
    2017$2,040 $247,000 +17.1%
    2016$2,040 $211,000 +1.4%
    2015$2,040 $208,000 +22.4%
    2014$2,040 $170,000
    2013-- $170,000 -4%
    2012-- $177,000 -4.8%
    2011-- $186,000
    2010-- $186,000 -0.2%
    2009-- $186,300
    2008-- $186,300 +5.9%
    2007-- $175,900 +4.6%
    2006-- $168,100
    2005-- $168,100 +120.3%
    2003-- $76,300 +9%
    2002-- $70,000
    2001$1,001 $70,000
    Find assessor info on the county website

    Neighborhood: Jackson Ward

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Carver
    • High: Armstrong

    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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