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1516 Custer St, Richmond, VA, 23222

3beds
3baths
1,749sqft
$349,950
$200price/sqft
$2,383/moest. monthly cost
$95,320/yrincome needed

About This Home

Rare RVA Opportunity! Step into modern living with this stunning new construction home offering style, space, and freedom with NO HOA. Clean architectural lines and striking curb appeal set the tone, while inside you’ll find light-filled open living spaces designed for both effortless entertaining and everyday comfort. Perfect to live in or rent out in revitalized growing area! The designer kitchen serves as the centerpiece, featuring sleek cabinetry, elevated finishes, and an oversized island perfect for gathering and hosting. Upstairs, spacious bedrooms provide a private retreat, complemented by spa-inspired baths with custom tile work, designer fixtures, and a glass-enclosed shower for a true luxury feel. Enjoy your own private fenced yard, ideal for relaxing, entertaining, or creating your personal outdoor escape. Located in a rapidly growing Richmond area near dining, development, and major conveniences, this home offers the perfect blend of modern design, low-maintenance living, and long-term value — all without HOA restrictions. A rare opportunity for elevated living with freedom -schedule your private showing!

Getting Around

42
WalkingCar-Dependent
37
TransitSome Transit
27
BikeSomewhat Bikeable

Schools

2/10
Henderson Middle SchoolGrades 6-82.6 mi
4/10
John Marshall High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Drywall,Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

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

Features

  • Dining Area,Eat-in Kitchen,Granite Counters,High Ceilings,Bath in Primary Bedroom,Pantry,Recessed Lighting,Track Lighting,Walk-In Closet(s)
  • Window features: Thermal Windows
  • Attic: Access Only
  • Finished area below ground: 0
  • Finished area above ground: 1,749

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 1,749 sqft

Other

  • Level: Second

Property

Details

  • Parcel number: N0000923021
  • Attached to another structure: Yes
  • Zoning description: r-6

Features

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

Lot

  • Lot size: 2,914 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 $1,769$21,228
Home Insurance *$150$1,800
Property Taxes $262$3,144
Electricity $202$2,433
Total$2,383$28,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,702/yr
40% on housing$71,490/yr
45% on housing$63,546/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

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 23222$159
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
2026-05-14Price change$349,000
2026-03-12Price change$369,900
2026-02-18Listed for sale$389,900

New Construction

AgentJasmine Douglas
BrokerageNext Level Real Estate Group LLC

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