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3006 Monument Ave #U2w, Richmond, VA, 23221

2beds
2baths
1,235sqft
$499,950
$405price/sqft
$3,394/moest. monthly cost
$135,760/yrincome needed

About This Home

Welcome to this wonderful one-level condo on Monument Avenue! Nestled on the second floor, this two-bedroom, two-full-bath home features hardwood floors throughout for comfortable living. Enter through the foyer into the front living room, which boasts a gas fireplace, recessed lighting, and custom built-in cabinetry and shelving. French doors lead to a classic front deck overlooking Monument Avenue. Moving back, you will find the second bedroom, currently utilized as a dressing room, which makes great use of the space with a custom built-in closet system and a Murphy bed. The connected renovated bathroom features a jetted tub and leads into the second bedroom with recessed lighting. Continuing down the hall, you reach the formal dining room, which is open to the kitchen and ideal for hosting dinner parties or family meals. The kitchen is equipped with solid wood cabinetry providing ample storage, a gas cooktop, a herringbone Carrera marble wall, a closet for a washer and dryer (2025), and stainless steel appliances including a dishwasher (2021) and a microwave (2025). On the way to the back door, there is a second full bathroom with a shower. The property includes a well-maintained common area with access to a one-car garage and a basement offering additional shelving storage space. All of this is situated in an amazing location between the Museum District and Scott’s Addition, close to restaurants, museums, coffee shops, and more, with easy access to major highways for a convenient commute.

Getting Around

91
WalkingWalker's Paradise
47
TransitSome Transit
78
BikeVery Bikeable

Schools

7/10
4/10
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1924

Materials

  • Roof: Rubber
  • Construction materials: Brick,Block,Frame

Type & Style

  • Home type: Condo
  • Architectural style: Low Rise
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

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

Features

  • Flooring: Wood
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 1,235

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas
  • Cooling features: Heat Pump

Interior Area

  • Total interior livable area: 1,235 sqft

Other

  • Level: First

Property

Details

  • Parcel number: W0001369034 & W0001369040
  • Attached to another structure: Yes
  • Zoning description: R-48

Features

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

Lot

  • Lot size: 1,393 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $2,528$30,336
Home Insurance *$119$1,428
Property Taxes $545$6,540
Electricity $202$2,433
Total$3,394$40,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,365/yr
40% on housing$101,820/yr
45% on housing$90,506/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

$405This listing

vs Other Active Listings

Avg $/sqft

ZIP 23221$311
Richmond City$217

vs Homes Sold Last Month

Median $/sqft

ZIP 23221$353
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
2026-08-07Pending sale$499,950
2026-08-04Listed for sale$499,950
2016-02-18Listing removed$285,000
2016-02-15Listed for sale$285,000
2014-07-17Sold$278,000
2007-11-15Sold$285,000

For Sale by Agent

AgentWayne Gauthier
BrokerageJoyner Fine Properties

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