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$249,950

Listing Price

2beds

1baths

1,053sqft

15,040sqft lot

505 Fayette Ave, Richmond, VA 23222

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

256.36

Price / sqft

1948

Year built

Home Details

Charming Renovated Cape Cod in Confederate Heights! Welcome to 505 Fayette Avenue, a beautifully updated 2-bedroom, 1-bath home offering the best of both worldsclassic 1948 charm and modern updates throughout. With 1,053 finished square feet, this home provides one-level living plus a huge walk-up attic ready for your finishing touches or extra storage. Fully renovated in 2012, the home features hardwood floors, energy-efficient vinyl windows, and a maintenance-free brick and vinyl exterior. The spacious living room boasts a ceiling fan and abundant natural light, while the adjoining dining room flows seamlessly into the updated kitchen, complete with granite countertops, recessed lighting, tile flooring, and plenty of cabinetry. White kitchen appliances, including a stack washer/dryer, are also included. The full bath has been stylishly updated with a classic subway-tiled tub/shower combo. Both bedrooms are generously sized with hardwood floors, ceiling fans, and large closets. Enjoy relaxing on the large covered front porch or entertaining on the rear deck overlooking a spacious backyard. The home also features a dimensional shingle roof (2015) and offers unbeatable conveniencejust off Laburnum Avenue, minutes from Richmond Raceway, Northside, and downtown Richmond. Dont miss this move-in ready gem full of character and comfort!

Interior Details

Square Feet
  • 1053

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    None

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 15040

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Cape Cod

Exterior
  • Brick

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$905

$25,000

$77,900

--%

$102,900

2019

$888

$25,000

$76,000

--%

$101,000

2018

$854

$24,000

$73,100

--%

$97,100

2016

$811

$22,000

$70,200

--%

$92,200

2015

$811

$22,000

$70,200

--%

$92,200

2013

$811

$22,000

$70,200

--%

$92,200

2013

$811

$22,000

$70,200

--%

$92,200

2012

$874

$22,000

$77,400

--%

$99,400

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Average Home Price in 23222

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$157,058

3 Beds

1 Baths

1,092 Sqft

7,907 Lot (sqft)

Sold 10/07/2026

$200,615

3 Beds

1 Baths

1,076 Sqft

8,558 Lot (sqft)

Sold 07/28/2026

$219,900

4 Beds

1 Baths

1,189 Sqft

8,988 Lot (sqft)

Sold 09/29/2026

$315,075

3 Beds

1 Baths

981 Sqft

11,735 Lot (sqft)

Sold 10/06/2026

$243,000

3 Beds

1 Baths

1,158 Sqft

9,626 Lot (sqft)

Sold 10/06/2026

$199,000

3 Beds

1.5 Baths

1,050 Sqft

10,340 Lot (sqft)

Sold 10/05/2026

$249,950

2 Beds

1 Baths

1,053 Sqft

15,040 Lot (sqft)

Sold 09/29/2026

$230,450

2 Beds

1 Baths

909 Sqft

9,057 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
249,950
$
Down payment
49,990
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,499.7
$
HOA (Monthly)
0
$
PMI
0
$
$1,618
Your Payment
Total Monthly Payment:$1,618
Percent of Income:28%
Affordable:Yes

Details for 505 FAYETTE AVE

Property Debt

Foreclosure Contact Details