502 Fayette Avenue Richmond, VA $ 199,000
502 Fayette Avenue
$ 199,000
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502 Fayette Avenue

Richmond, VA, 23222
$ 199,000
Bedrooms3 Baths1.1 Sq 1,050

Monthly Estimate*

$ 1,374

502 Fayette Avenue, Richmond, VA 23222 - Image 1
502 Fayette Avenue, Richmond, VA 23222 - Image 2
502 Fayette Avenue, Richmond, VA 23222 - Image 3
502 Fayette Avenue, Richmond, VA 23222 - Image 4
502 Fayette Avenue, Richmond, VA 23222 - Image 5
502 Fayette Avenue, Richmond, VA 23222 - Image 6

Single Family Home for sale in Richmond, VA

for $199,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,050 square foot home was built in 1950 on a lot size of 0.2374.

3 bedroom Brick Rancher with 1.5 baths.LVP Flooring.Updated bathrooms.Bankruptcy,must sell.Nice size fenced rear yard.Off street parking.Spacious living room.One of the bedroooms is unfinished.This is a cash only transaction

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Single Family Pending

Price

$ 199,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,615

Style

Lot Size

0.2374

Year Built

1950

Town/City

Richmond

County/Region

Henrico

MLS | Web ID

2616808

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Window Unit(s)
Possession Close Of Escrow
Roof Composition
Appliances Water Heater
Architectural Style Ranch
Pool Features None
Construction Materials Brick Frame
Year Built 1950
Stories 1
Levels One
Property SubType Single Family Residence
Tax Year 2025
Percent Ownership Corporate
County Henrico
New Construction false
Property Type Residential
Subdivision Name Confederate Heights
Garage Y/N false
Total Rooms 6
Full Baths 1
Status Pending
Directions Laburnum turn on Richmond-Henrico next to Fairgrounds left on Fayette property on right
High School Henrico
Zoning Description R3
MLS Area 32 - Henrico
Lot Size Units Acres
Waterfront Y/N false
Elementary School Laburnum
Year Built Details Actual
Tax Annual Amount 1615.34
Middle/Junior High School Douglas Wilder
Property Condition Resale
Days on Market 30
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 194300
Tax Lot 3
Ownership Type Corporation
Property Sub Type Additional Single Family Residence
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Interior
Basement Crawl Space
Flooring Wood
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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Exterior
Fencing Back Yard Fenced
Parking Features Off Street
Water Source Public
Lot Size Area 0.2374
Lot Size Acres 0.2374
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* Excluded Features
List By
Steve Johnson

Listing Agent

Bhhs Penfed Realty

Broker

steve.johnson@penfedrealty.com

Email

Affordability Calculator

$1,509
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,374
Monthly Property Taxes
$135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2283733 Elementary School
244101 Middle School
Henrico High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2026$199,000 -7.44% Price Down
7/6/2026$215,000 -6.48% Price Down
6/24/2026$229,900 -8.04% Price Down
6/19/2026$250,000 Listed Price

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502 Fayette Avenue, Richmond, VA, 23222 is a Single Family Home for sale at $199,000 with 1,050 sqft and a lot size of 0.2374. 502 Fayette Avenue has 3 bedrooms, 1.1 baths, and was built in 1950. The property's zip code is 23222 which is in Richmond, VA