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716 E Gladstone Ave, Richmond, VA, 23222

3beds
2baths
1,196sqft
$290,000
$242price/sqft
$2,080/moest. monthly cost
$83,200/yrincome needed

About This Home

Welcome to 716 E Gladstone Ave, a charming two story Colonial with plenty of character and room to make it your own. This 3 bedroom, 1 bathroom home offers a spacious layout with comfortable living and dining areas, generously sized bedrooms, and a large fenced backyard that's perfect for relaxing, entertaining, pets, or gardening. Priced below the current tax assessment to allow for personal updates, this home is a wonderful opportunity to add your own style while enjoying everything this convenient Richmond location has to offer. Just minutes from downtown, shopping, restaurants, parks, and major highways, you'll love the accessibility and potential this home provides.

Getting Around

45
WalkingCar-Dependent
40
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

3/10
--
6/10
John Marshall High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1924

Materials

  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Two Story
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Bedroom on Main Level
  • Flooring: Ceramic Tile,Vinyl,Wood
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,196

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air,Zoned

Interior Area

  • Total interior livable area: 1,196 sqft

Other

  • Level: Second

Property

Details

  • Parcel number: N0001155016
  • Zoning description: R-5

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 3,001 sqft

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

No climate risk data available.

How This Home’s Risks Compare

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 $1,466$17,592
Home Insurance *$125$1,500
Property Taxes $287$3,444
Electricity $202$2,433
Total$2,080$24,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,314/yr
40% on housing$62,400/yr
45% on housing$55,466/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: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 7.8%
7.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 23222$160
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23222$203
Richmond City$226

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
2026-08-03Listed for sale$290,000
2022-01-03Sold$248,000
2021-12-01Pending sale$248,000
2021-11-24Listed for sale$248,000
2021-10-24Pending sale$248,000
2021-09-25Listed for sale$248,000
2021-05-14Sold$95,000
2021-04-19Pending sale$100,000
2021-04-14Listed for sale$100,000
2021-03-29Pending sale$100,000
2021-03-26Listed for sale$100,000
2015-03-12Listing removed$895
2014-10-20Price change$895
2014-09-19Listed for rent$949
2014-04-08Listing removed$999
2013-12-16Listed for rent$999
2011-10-19Listing removed$999
2011-09-19Listed for rent$999
2011-01-26Sold$24,000
2011-01-08Price change$24,000
2011-01-06Listed for sale--
2010-08-05Sold$120,138
2008-02-26Sold$128,000
2007-11-01Sold$79,000

For Sale by Agent

AgentStephanie Johnson
BrokerageReal Broker LLC

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