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2602 Parkwood Ave, Richmond, VA, 23220

3beds
3baths
1,478sqft
$550,000
$372price/sqft
$3,695/moest. monthly cost
$147,800/yrincome needed

About This Home

Rare Fan gem on a large corner Lot! Experience the ultimate Richmond lifestyle in this unique 3-bedroom, 2.5-bath home boasting something few Fan properties have: a true first-floor primary suite complete with a full en suite bath and closet. Welcomed by a classic full front porch, the home opens to gorgeous hardwood floors and a bright living room. Directly behind sits a renovated, open-concept kitchen outfitted with granite countertops, stainless steel appliances, a breakfast nook, and a dedicated pantry. Convenience is built in with a main-floor half bath and a separate laundry room. Toward the rear, a versatile addition—perfect for a dining room, den, or sunlit home office features French doors opening to a private side deck. At the back of the home is the private primary suite with its walk-in closet and en suite bathroom. Upstairs, discover two additional bedrooms and a full hall bath. Situated on a rare lot-and-a-half, you can relax on the deck or enjoy the expansive side yard, which offers incredible green space and ample room to add coveted off-street parking. Enjoy unbeatable walkability as this is literally around the corner from neighborhood favorites like PBR and The Cask, and just blocks from Carytown, Byrd Park, and Maymont, with seamless access to major interstates.

Getting Around

92
WalkingWalker's Paradise
41
TransitSome Transit
77
BikeVery Bikeable

Schools

7/10
4/10
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1920

Materials

  • Roof: Composition,Metal,Slate
  • Construction materials: Brick,Block,Drywall,Frame,HardiPlank Type

Type & Style

  • Home type: Townhouse
  • Architectural style: Row House,Two Story
  • Property subType: Townhouse,Single Family Residence

Interior

Additional Room

  • Level: First

Additional Room

  • Level: First
  • Dimensions: 14.3 x 10.8

Appliances

  • Appliances included: Dishwasher,Gas Cooking,Microwave
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Second
  • Dimensions: 15.3 x 11.9

Bedroom3

  • Level: Second
  • Dimensions: 9.3 x 14.1

Bedrooms & Bathrooms

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

Features

  • Bedroom on Main Level,Ceiling Fan(s),Dining Area,Granite Counters,Bath in Primary Bedroom
  • Door features: Sliding Doors
  • Window features: Thermal Windows
  • Flooring: Tile,Wood
  • Attic: Access Only
  • Finished area below ground: 0
  • Finished area above ground: 1,478

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Electric,Forced Air,Natural Gas,Zoned
  • Cooling features: Heat Pump,Zoned

Interior Area

  • Total interior livable area: 1,478 sqft

Kitchen

  • Level: First
  • Dimensions: 15.0 x 13.1

Laundry

  • Level: First
  • Dimensions: 4.10 x 7.10

Living Room

  • Level: First
  • Dimensions: 12.0 x 14.0

Master Bedroom

  • Level: First
  • Dimensions: 14.3 x 11.6

Other

  • Level: First

Other

  • Level: Second

Property

Details

  • Parcel number: W0001158020
  • Attached to another structure: Yes
  • Zoning description: R-7

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Front Porch,Patio,Deck,Porch
  • Exterior features: Deck,Lighting,Porch
  • Fencing: Fenced,Partial,Privacy

Lot

  • Lot size: 2,975 sqft

Parking

  • Parking features: On Street
  • 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 $2,781$33,372
Home Insurance *$167$2,004
Property Taxes $545$6,540
Electricity $202$2,433
Total$3,695$44,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,685/yr
40% on housing$110,850/yr
45% on housing$98,533/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

$372This listing

vs Other Active Listings

Avg $/sqft

ZIP 23220$252
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23220$296
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)

No zestimate history available

Price History

DateEventPrice
2026-08-09Pending sale$550,000
2026-07-16Listed for sale$550,000
2022-06-12Listing removed--
2022-05-28Listed for rent$2,400
2017-08-08Sold$340,000
2017-06-30Listed for sale$350,000
2017-05-01Listing removed$350,000
2017-04-20Listed for sale$350,000
2008-05-01Sold$245,000
2003-06-02Sold$75,000
1996-09-09Sold$42,000

For Sale by Agent

AgentDrew Cheely
BrokerageJoyner Fine Properties

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