700 West 44th Street

Richmond, VA 23225

$2,000,000
Last Sold Price
286,624 / 6.58
Lot Size / Acres

Description

This listing offers an extremely unique opportunity to build high density rental or for sale product less than four miles from Downtown Richmond. Located in the fast growing and popular Northrop/Forest Hill Terrace neighborhoods, this 6.6 acre parcel features completed title work and clean phase 1. The property is currently zoned R-48 Multifamily and offers the flexibility for development for rental or for sale products. Current zoning permits up to 140 units multifamily units to be developed on...This listing offers an extremely unique opportunity to build high density rental or for sale product less than four miles from Downtown Richmond. Located in the fast growing and popular Northrop/Forest Hill Terrace neighborhoods, this 6.6 acre parcel features completed title work and clean phase 1. The property is currently zoned R-48 Multifamily and offers the flexibility for development for rental or for sale products. Current zoning permits up to 140 units multifamily units to be developed on the 6.6 acre parcel. Alternatively, the property could potentially be subdivided into an estimated 35 single-family detached parcels or 65 attached parcels and units.
  1. Listed by Lory Markham • One South Commercial LLC
    P: (804) 248-2561 C: (804) 248-2561 lory.markham@onesouthrealty.com
  2. Listed by Ryan Rilee • One South Commercial LLC
    P: (804) 690-1482 C: (804) 690-1482 ryan.rilee@onesouthrealty.com

Property Details for 700 West 44th Street

Subdivision Name
Forest Hill Terrace
Waterfront
No

Location

Listing Courtesy of One South Commercial LLC, Lory Markham; One South Commercial LLC, Ryan Rilee

Sold By Non MLS Member, Non-Member Non-Member

Add your commute
LISTING UPDATED: 04/15/2024 06:49 PM

Property Details for 700 West 44th Street

StatusClosed
MLS #1935787
Days on Market564
Taxes$624 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size6.58 AC
CountyRichmond city

Location

Listing Courtesy of One South Commercial LLC, Lory Markham; One South Commercial LLC, Ryan Rilee

Sold By Non MLS Member, Non-Member Non-Member

Add your commute

Building Information for 700 West 44th Street

Lot Size6.58 AC

Payment Calculator

$10,967 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$52

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 West 44th Street

Summary
Location and General Information
  • City: Richmond
  • County Or Parish: Richmond City
  • Latitude: 37.513239
  • Longitude: -77.485458
  • Postal City: Richmond
  • Postal Code: 23225
  • State Or Province: VA
  • Unparsed Address: 700 W 44th St
  • Zoning Description: R-48
Taxes and HOA Information
  • Parcel Number: S005-3315-011
  • Tax Annual Amount: $624.00
  • Tax Assessed Value: $52,000.00
  • Tax Legal Description: 0345.66X0670.14 IRG0006.580 AC
  • Tax Year: 2019
School Information
  • Elementary School: Westover Hills
  • High School: Richmond High School for the Arts
  • Middle Or Junior School: Lucille Brown
Property
Lot Information
  • Lot Size Acres: 6.58
  • Lot Size Area: 6.58
  • Lot Size Units: Acres
Property and Assessments
  • Type of Property: Land
  • Property Type: Land
  • C L I P: 8,836,095,584
Utilities
  • Electric: None
  • Electric On Property Y N: No
  • Sewer: None
  • Utilities: Natural Gas Not Available, Phone Not Available
  • Water Source: None
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: Yes
Interior and Exterior Features
Interior Features
  • Basement Y N: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • BathsTotal: 0.0
  • Room and Floor: Half Bath-Fourth, Half Bath-Third, Half Bath-Second, Half Bath-First, Half Bath-Basement, Full Bath-Fourth, Full Bath-Third, Full Bath-Second, Full Bath-First, Full Bath-Basement
  • Room List: Half Bath, Full Bath
Room Information
Room 1
  • Room Type 1: Half Bath
  • Room Level 1: Fourth
Room 2
  • Room Type 2: Half Bath
  • Room Level 2: Third
Room 3
  • Room Type 3: Half Bath
  • Room Level 3: Second
Room 4
  • Room Type 4: Half Bath
  • Room Level 4: First
Room 5
  • Room Type 5: Half Bath
  • Room Level 5: Basement
Room 6
  • Room Type 6: Full Bath
  • Room Level 6: Fourth
Room 7
  • Room Type 7: Full Bath
  • Room Level 7: Third
Room 8
  • Room Type 8: Full Bath
  • Room Level 8: Second
Room 9
  • Room Type 9: Full Bath
  • Room Level 9: First
Room 10
  • Room Type 10: Full Bath
  • Room Level 10: Basement
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 700 West 44th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 700 West 44th Street

Taxable ValueLand$110,000Additions-Total$110,000
Tax Record2020$624 ($52 / month)
Home Facts
Beds0Lot Size286,625 SqFtStyleResidentialZoningR-48 MULTI FACountyRICHMOND CITYAPNS-005-3315-011

Schools near 700 West 44th Street

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Westover Hills Elementary School
PublicPK to 5

River City Middle
Public6 to 8

Open High School
Public9 to 12

George Wythe High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of One South Commercial LLC, Lory Markham; One South Commercial LLC, Ryan Rilee

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.