About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

701 E Belt Blvd, Richmond, VA 23224

$354,000

Last sold 11/30/2023 for $185K

3
bed
1
bath
1,301
Sqft ($142/Sqft)

House not for sale

About 701 E Belt Blvd

Property type House

Neighborhood

Year built 1944

HOA fee $0/month

Lot size 0.48 Acre

Movoto estimate

Rental estimate

Property description

Back on the market at no fault of seller! Commercial investors REJOICE! A great opportunity in a HIGH TRAFFIC INTERSECTION and opportunity zone in Southside RVA. Currently zoned as a R-4 private residence, however highest and best use would be to rezone to commercial and open up a Convenience Store, Fast Food Restaurant, Drug Store, etc. The lot has already been subdivided and is ready to go if new owners decide to keep it zoned residential and build out multiple single family homes. Don't miss the chance to purchase an incredibly unique property with limitless profit opportunities.

Listed by

Listing Agent - Ana Nuckols

Listing Office - EXP Realty LLC

Source: Central Virginia Regional MLS

MLS#2321245 • last updated 1 year ago

Movoto checked Central Virginia Regional MLS for data 4 minutes ago

Overview
Cooling/AC	Central Air
Heating	HotWater, Oil
Levels/Style	One, Cape Cod
Type	Residential
SubType	Single Family Residence
MLS #	2321245
SqFt	1301
Status	Closed
Lot Size (Acres)	0.48
Annual Property Tax	2124
Year Built	1944
Property Condition	Resale

Interior
Total # of Bathrooms	1
# of Full Baths	1
Total # of Bedrooms	3
Basement	Crawl Space
Total # of Rooms	7
Flooring	Wood
Appliances	Electric Water Heater

Exterior
Roof	Composition
Exterior Features	Unpaved Driveway
Patio and Porch	Side Porch

Amenities / Utilities
Sewer/ Septic	Other
Water Source	Public
Pool Desc	None

Location
Subdivision	Woodstock
Elementary School	Blackwell
High School	Richmond High School For The Arts
Middle School	River City
APN	C006-0158-002
Zoning	R-4

$354K

Range: $258K-$449K

Last 30 days

Rental est.: $1,842/month

• Gross rent multiplier: 8.4 - Good

Lower your payment with the loan terms that fit you.

Nov 2023
MLS # 2321245
Nov 30, 2023 Sold
$185,000 (+5.7%)
Sep 23, 2023 Pending
—
Sep 22, 2023 Price Change
$175,000 (-10.3%)
Sep 17, 2023 Price Change
$195,000 (-13.3%)
Aug 31, 2023 Listed
$225,000

Year Property taxes Tax assessment
2025
$1,932 +6.6%

$161,000 +6.62%
2023
$1,812 +37.3%

$151,000 -14.69%
2020
$1,320

$177,000 +60.91%
2019
$1,320 +8.9%

$110,000 +8.91%
2018
$1,212 +14.8%

$101,000
2014
$1,056

$101,000

701 E Belt Blvd
$185K
McGuire
$243K -2% y/y
23224
$274K +1% y/y
Richmond
$362K +1% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3932 Decatur St, Richmond, VA 23224	$217,000	3/1	1,416	0.02
3928 Decatur St, Richmond, VA 23224	$249,000	2/1	1,420	0.03
801 E Belt Blvd, Richmond, VA 23224	$276,000	4/2	1,350	0.03
3924 Decatur St, Richmond, VA 23224	$305,000	3/2	1,800	0.04
706 E Belt Blvd, Richmond, VA 23224	$178,000	3/1	932	0.04
807 E Belt Blvd, Richmond, VA 23224	$229,000	3/1	1,537	0.04
800 E Belt Blvd, Richmond, VA 23224	$320,000	3/2	2,330	0.05
3927 Decatur St, Richmond, VA 23224	$331,000	2/2	2,123	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.