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1107 Diane Ln, Richmond, VA, 23227

5beds
2baths
1,768sqft
$390,000
$221price/sqft
$2,590/moest. monthly cost
$103,600/yrincome needed

About This Home

For the first time in over 30 years, this cherished Henrico home is ready to welcome its next chapter. From the moment you arrive, you'll notice the pride of ownership that shines throughout every inch of this beautifully maintained rancher. Fresh landscaping, a paved driveway, and timeless curb appeal create a warm first impression before you even step inside. Inside, you're greeted by a bright, refreshed interior featuring modern paint colors, new flooring, and a thoughtfully designed one-level floor plan that offers both comfort and flexibility. With five spacious bedrooms and two full bathrooms, there's room for everyone to spread out while still enjoying the convenience of single-floor living. The private primary suite includes its own full bathroom, creating the perfect retreat at the end of the day. The heart of the home is the inviting kitchen, complete with a center island that naturally becomes the gathering place for morning coffee, weeknight dinners, and conversations with family and friends. Step outside to discover an oversized, fully fenced backyard where summer cookouts, pets at play, and evenings under the stars become everyday moments. The paver patio creates the ideal outdoor entertaining space, while the privacy fence offers a peaceful setting to relax. A detached storage shed provides excellent space for lawn equipment, hobbies, or additional storage. Adding even more value, the home is equipped with like-new solar panels, helping reduce monthly electric costs while providing long-term energy savings. Combined with its extensive updates, exceptional condition, and unbeatable Henrico location, this is a rare opportunity to own a move-in-ready home that has been lovingly cared for for three decades. Homes like this don't come along often—schedule your showing today and experience everything this exceptional property has to offer. Important Upgrades Include - like NEW Solar Panels, NEWer Roof, NEW LVP Flooring, NEW Modern Paint Inside. *** PLEASE DO NOT VISIT PROPERTY WITHOUT APPOINTMENT ***

Getting Around

31
WalkingCar-Dependent
0
TransitNo Nearby Transit
34
BikeSomewhat Bikeable

Schools

4/10
1/10
Brookland Middle SchoolGrades 6-82.1 mi
1/10
Hermitage High SchoolGrades 9-124.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1958

Materials

  • Roof: Asphalt
  • Construction materials: Brick,Drywall,Frame,Plaster

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Additional Room

  • Level: First
  • Dimensions: 11.5 x 8.5

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Disposal,Oven,Stove
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: First
  • Dimensions: 13.1 x 11.0

Bedroom3

  • Level: First
  • Dimensions: 12.5 x 11.9

Bedroom4

  • Level: First
  • Dimensions: 12.5 x 11.9

Bedroom5

  • Level: First
  • Dimensions: 10.6 x 9.5

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Family Room

  • Level: First
  • Dimensions: 18.4 x 11.2

Features

  • Ceiling Fan(s),Dining Area,Eat-in Kitchen,Fireplace,Kitchen Island
  • Window features: Screens,Thermal Windows
  • Flooring: Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace features: Masonry
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,768

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 1,768 sqft

Kitchen

  • Level: First
  • Dimensions: 11.8 x 11.5

Laundry

  • Level: First

Living Room

  • Level: First
  • Dimensions: 18.1 x 13.0

Master Bedroom

  • Level: First
  • Dimensions: 14.3 x 11.4

Other

  • Level: First

Property

Details

  • Parcel number: 7887559098
  • Zoning description: R2A

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Front Porch,Porch
  • Exterior features: Out Building(s),Porch,Storage,Shed,Paved Driveway
  • Fencing: Back Yard,Partial,Vinyl,Fenced
  • Topography of land: Level

Lot

  • Lot size: 0.38 Acres
  • Features: Level

Parking

  • Parking features: Driveway,Off Street,Oversized,Paved
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,972$23,664
Home Insurance *$143$1,716
Property Taxes $273$3,276
Electricity $202$2,433
Total$2,590$31,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,800/yr
40% on housing$77,700/yr
45% on housing$69,066/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 23227$171
Henrico County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 23227$241
Henrico County$230

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Listed for sale$390,000
1996-07-01Sold$105,000

For Sale by Agent

AgentAdam Carpenter
BrokerageNextHome Advantage

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