502 Fayette Avenue, Richmond, VA 23222
Confederate Heights · Henrico County
Key Facts
Description
3 bedroom Brick Rancher with 1.5 baths.LVP Flooring.Updated bathrooms.Property in good condition overall.Bankruptcy,must sell.Nice size fenced rear yard.Off street parking.Spacious living room.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1950
Stories
1
Living Area
1,050 sq ft
Lot Size
0.24 acres
Ownership
Corporate
Days on Market
25
MLS® Listing#
2616808
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Pool
Parking
Fencing
Construction
Roof
Sewer
Water Source
Rooms
- Bedroom 3First
Schools
- Elementary:
- Laburnum
- Middle:
- Douglas Wilder
- High:
- Henrico
Financial Details
Annual Taxes
$1,615
Tax year 2025
Assessed Value
$194,300
Parcel Number
793-740-4057
Directions
Laburnum,turn on Richmond-Henrico next to Fairgrounds,left on Fayette,property on right
Affordability Calculator
$43,000
Estimated monthly payment
$1,144/mo
Principal $172,000 · Est. interest $239,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Richmond, VA
- $409,524
- Median Listing Price
- 39
- Median Days on Market
- 1,621
- Median Sq Ft
- $248
- Median Price / Sq Ft
- 516
- Active Listings
- This home’s price is 48% below the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Richmond, VA.
Location
- 502 Fayette Avenue, Richmond, VA 23222
Points of Interest in Richmond, VA
Showing the Richmond area map.
Nearby Schools
Faith Life Learning Center and Acad
School · 0.1 mi away
Mary Scott School
School · 0.7 mi away
Henrico High School
Secondary · 0.9 mi away
John Marshall High School
Secondary · 1.0 mi away
Henderson Middle
Secondary · 1.1 mi away
Ginter Park Elementary School
Elementary · 1.1 mi away
St. Thomas' Day School
School · 1.1 mi away
Barack Obama Elementary
Elementary · 1.3 mi away
Richmond Community High School
Secondary · 1.4 mi away
Metropolitan Day School
Elementary · 1.5 mi away
Dominion Academy
School · 1.6 mi away
Glen Lea Elementary School
Elementary · 1.7 mi away
Kingsland Academy
School · 1.8 mi away
Overby-Sheppard Elementary School
Elementary · 1.8 mi away
Linwood Holton Elementary
Elementary · 1.8 mi away
Thirteen Acres Special Ed Ctr
School · 1.8 mi away
Richmond Waldorf School
Secondary · 1.9 mi away
Precious Angels Developmental Center
School · 1.9 mi away
Luther Memorial School
School · 1.9 mi away
Dream Academy
School · 1.9 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 332 Grayson Street, Richmond, VA | $154,000 | 2 | 1 | 754 |
| 3207 Tuxedo Boulevard, Richmond, VA | $155,000 | 2 | 1 | 1,234 |
| 417 E Ladies Mile Road, Richmond, VA | $158,000 | 3 | 1 | 1,187 |
| 5610 Crenshaw Road 1213, Richmond, VA | $159,900 | 2 | 1 | 885 |
| 208 Winber Drive, Richmond, VA | $170,000 | 3 | 3 | 1,955 |
| 2401 Yorktown Avenue, Richmond, VA | $175,000 | 3 | 1 | 870 |
Moving Cost Estimate
EXIT Agents in Richmond
Listing Courtesy: BHHS PenFed Realty - steve.johnson@penfedrealty.com
Presented by: Steve Johnson
Last Updated: 2026-06-19