1244 Wallace Street
Richmond, VA 23220
- 3 beds
- 3 baths
- 2,265 sqft
- 6,874 sqft lot
- $187 per sqft
- 1941 build
- – on site
This darling cape is located within walking distance to VCU and Byrd Park. The home sits on a 6875 sq. ft. rolling hills lot with an iron rail entry way. Parking on the street and private parking in the back, access to the first level is easily accomplished through the kitchen or basement entrance! Property has two outside mini-split units with 6 indoor conditioned zones. Listed are some improvements from the current owner: Front door overhang/roof - 12/01/22 - $1,900, New roof 30 year Dimensional Shingles- 09/29/22 - $6,300, New bathroom - 05/11/22 - $10,000, Laundry-washer and dryer for home - 03/20/22 - $787, Fridge, microwave and vent - 03/12/22 - $1,427, New downstairs sink 09/04/23 - $700, Basement window frame replacement - 09/21/23 - $1,100, Basement door & sump pump - 08/01/24 - $6,000, Boiler system removal - 12/23/24 - $1,900
Last checked:
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Last updated Mar 11, 2025
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MLS# 2503662 —
The Building
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Year Built:1941
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Year Built Details:Actual
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New Construction:false
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Construction Materials:AluminumSiding,Brick,Drywall
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Architectural Style:CapeCod
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Stories Total:1
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Basement:Full,Finished
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Basement:true
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Patio And Porch Features:FrontPorch,Stoop
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Building Area Source:Assessor
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Below Grade Finished Area:768.0
Interior
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Interior Features:BedroomOnMainLevel,DiningArea,EatInKitchen,LaminateCounters
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Flooring:Concrete,Linoleum,Wood
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Rooms Total:8
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Fireplace:true
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Fireplace Features:Decorative
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Fireplaces Total:1
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Laundry Features:WasherHookup,DryerHookup
Room Dimensions
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Living Area:2265.0
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Living Area Source:Assessor
Financial & Terms
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Possession:CloseOfEscrow
Location
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Directions:Downtown Expressway to Lombardy exit, left on S. Harrison and right onto Wallace St
The Property
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Parcel Number:W000-0437-061
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Property Condition:Resale
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Property Attached:false
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Lot Features:RollingSlope
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Lot Size Acres:0.1578
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Lot Size Area:0.1578
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Lot Size Units:Acres
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Zoning Description:R-6
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Fencing:BackYard,ChainLink,Fenced
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (804) 338-1198
- Office phone:
- (804) 545-6300
Taxes
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Tax Year:2024
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Tax Annual Amount:3864.0
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Tax Assessed Value:340000
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Tax Legal Description:0055.00X0125.00 0000.000
Beds
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Bedrooms Total:3
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
Heating & Cooling
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Cooling:CentralAir
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Cooling:true
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Heating:Electric,Other
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Dryer,Dishwasher,ElectricWaterHeater,Disposal,Washer
Schools
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Elementary School:Fox
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Middle Or Junior School:Dogwood
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High School:Thomas Jefferson
The Community
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Subdivision Name:Wallace Manor
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Community Features:Curbs,Gutters
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Pool Features:None
Parking
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Garage:false
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Parking Features:AlleyAccess,Oversized,OnStreet
Monthly cost estimate
Asking price
$425,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,275
|
| Taxes | $322 |
| Insurance | $116 |
| Utilities | $220 See report |
| Total | $2,933/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/15/25
Feb 15, 2025
|
Pending | CVRMLS | $425,000 | |
|
2/13/25
Feb 13, 2025
|
Listed / Active | CVRMLS | $425,000 | 18.1% (6.1% / YR) |
|
3/8/22
Mar 8, 2022
|
CVRMLS | $360,000 |
44% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $95k over asking price.
