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506 Hunt Ave, Richmond, VA, 23222

2beds
1baths
679sqft
$198,999
$293price/sqft
$1,490/moest. monthly cost
$59,600/yrincome needed

About This Home

Move in ready ranch home in one of Richmond's growing Northside neighborhoods. Perfect for a starter home, downsizing, or a rental property. New dimensional single roof, new thermal windows, and a new efficient heat pump all installed recently. Kitchen recently redone with new cabinets and countertops. Perfect for a home owner, knowing that a lot of really big items are done. Or, great for an investor looking for a turn key rental. Yard is almost totally fenced both front and back, and there is a private parking spot off the street in the rear.

Getting Around

47
WalkingCar-Dependent
40
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

--
1/10
6/10
John Marshall High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1947

Materials

  • Construction materials: Drywall,Frame,Mixed,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

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

Features

  • Bedroom on Main Level,Laminate Counters,Main Level Primary
  • Window features: Thermal Windows
  • Flooring: Laminate,Partially Carpeted
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 679

Heating & Cooling

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

Interior Area

  • Total interior livable area: 679 sqft

Other

  • Level: First

Property

Details

  • Parcel number: N0001559021
  • Zoning description: R-5
  • Special condition: Corporate Listing

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Unpaved Driveway
  • Fencing: Fenced,Partial

Lot

  • Lot size: 5,201 sqft

Parking

  • Parking features: Driveway,On Street,Unpaved
  • 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

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 $1,006$12,072
Home Insurance *$85$1,020
Property Taxes $197$2,364
Electricity $202$2,433
Total$1,490$17,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,085/yr
40% on housing$44,700/yr
45% on housing$39,733/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

$293This 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
2026-07-15Listed for sale$198,999
2025-07-01Sold$150,000
2025-06-06Pending sale$150,000
2025-06-03Listed for sale$150,000
2021-03-24Listing removed--
2015-11-06Listing removed$750
2015-10-07Listed for rent$750
2015-09-09Sold$28,300
2015-07-16Listed for sale$29,000
2007-10-29Sold$75,000

For Sale by Agent

AgentCharles Young
BrokerageFathom Realty Virginia

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