#2516788, Virginia Leabough, Listing office: Keller Williams Realty
#2513259·
Listing office: Long & Foster REALTORS·
Listing agent: Patrick Gee·
Listing office phone: (804) 393-1038
$279,500 List price
505 Fayette Ave Richmond, VA 23222
2 beds
1 full
1,053 sqft
0.3 acres
$265 / sqft
House
Property details
About 505 Fayette Ave
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 worlds—classic 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 convenience—just off Laburnum Avenue, minutes from Richmond Raceway, Northside, and downtown Richmond. Don’t miss this move-in ready gem full of character and comfort!
Highlights
Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air, Heat Pump
Size1,053 sqft
Lot size0.3453 Acres
Year built1948
ParkingDriveway, No Garage, Off Street, Unpaved
MLS #2513259
Summary
- Full Bathrooms: 1
- Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer
- Basement: No
- Flooring Type: Tile, Wood
- Interior: Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, Main Level Primary
- Total Bedroom Count: 2
- Private Pool: No
- Parking: Driveway, No Garage, Off Street, Unpaved
- Exterior: Deck, Porch, Unpaved Driveway
- Architectural Style: Cape Cod, Ranch
- Heating: Electric, Heat Pump
- Cooling: Central Air, Heat Pump
- List Price: $279,500
- Price/SqFt: $265
- Annual Tax Amount: $1,405
- Tax Year: 2024
- Lot: Level
- Directions: From 64 take W Laburnum AVE to Left on Richmond Henrico TPKE, Left on Fayette AVE & home is ahead on your Left.
- Year Built: 1948
- Living Area: 1,053 SqFt
- Lot Size: 0.3453 Acres
- MLS Number: 2513259
- MLS Name: CVR
- Office Name: Long & Foster REALTORS
- Office Phone: (804) 393-1038
- Listing Agent: Patrick Gee
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 5:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 22, 2012 | Home Sold | $34,000 |
| Oct 04, 1999 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $163,400 | $1,405 |
| 2023 | $163,400 | $1,405 |
| 2022 | $126,200 | $914 |
| 2021 | $102,900 | $914 |
| 2020 | $102,900 | $905 |
| 2019 | $101,000 | $854 |
| 2018 | $97,100 | $854 |
| 2017 | $92,200 | $811 |
History based on county public records data.
Nearby schools
2
Laburnum Elementary School
Public District KG-5
0.4 mi
•500 Meriwether Ave
4
Ginter Park Elementary School
Public District KG-5
1.1 mi
•3817 Chamberlayne Ave
4
Barack Obama Elementary School
Public District KG-5
1.2 mi
•3101 Fendall Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,570. Most Richmond, VA residents have annual incomes less than $<35k. Most families are single, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
68%
<35k
30%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
31%
Single, No Kids
53%
Single, with Kids
9%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
31%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
24%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
NBA/WNBA
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Starbucks
What do the neighbors drive?
Buick
Pontiac
Dodge
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 Fayette Ave
The listing price of 505 Fayette Ave property is $279,500.
The property 505 Fayette Ave is a house located in Richmond, Virginia, 23222.
Active Listing: 505 Fayette Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 Fayette Ave are: Laburnum Elementary School (GreatSchools Rating 2/10), Ginter Park Elementary School (GreatSchools Rating 4/10), Barack Obama Elementary School (GreatSchools Rating 4/10), Thomas H. Henderson Middle School (GreatSchools Rating 1/10), Wilder Middle School (GreatSchools Rating 4/10), Martin Luther King, Jr. Middle School (GreatSchools Rating 1/10), Henrico High School (GreatSchools Rating 3/10), John Marshall High School (GreatSchools Rating 4/10), Richmond Community High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $1,405 (source: MLS/based on county public records data).
The last sale was on March 22, 2012 for $34,000 (source: MLS/tax record).
The property at 505 Fayette Ave has 2 bedrooms and 1 bathroom.
The property 505 Fayette Ave is 1,053 SqFt (source: MLS/tax record).
The year of construction for 505 Fayette Ave is 1948.
This home is located at 505 Fayette Ave in Richmond, VA and zip code 23222. This 1,053 square foot home, which was built in 1948, sits on a 0.35 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $279,500.
Over 210 listings were sold over their listed price in June 2025 in Richmond, VA. In the same period over 112 listings were sold below the listed price and 99 listings were sold for the listed price. In June 2025 in Richmond, VA there were 0.6% more homes for sale than in May. Listings spent 18 days on the market in June 2025, and had a median list price of $373,965 during the same period.
From Rocket Homes Real Estate and based on county public records data.