507 Walnut Avenue

Colonial Heights, VA
$ 249,500 Beds 3 Baths 1 Sq 1,008
Monthly Estimate* How much can I afford?

Welcome home to this beautifully updated brick rancher in Colonial Heights! Offering 3 bedrooms and an easy, functional one-level layout, this home combines classic brick construction with numerous recent improvements that make it truly move-in ready. Since 2024, the home has received substantial updates, including all-new LVP flooring throughout, new kitchen cabinets and countertops, 2025 appliances, updated plumbing, and a new hot water heater. The refreshed kitchen offers a clean, modern look with plenty of cabinet space and newer appliances, while the updated bathrooms and fresh interior finishes complement the improvements throughout the home. Outside, enjoy a fully fenced backyard with plenty of room for pets, entertaining, or relaxing. A detached storage shed provides additional storage, while the carport located inside the fenced area offers convenient and secure covered parking. Conveniently located near shopping, dining, schools, major interstates, and Fort Gregg-Adams, this home offers easy access to everything Colonial Heights and the surrounding Richmond area have to offer. With major updates already completed, this charming brick rancher is ready for its next owner!

Active

  • Price
  • $ 249,500
  • City
  • Colonial Heights
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • Colonial Heights
  • Half Bathrooms
  • 0
  • Area
  • 55 - Colonial Heights
  • Lot Size
  • 0.16 Acres
  • Zip
  • 23834
  • Sqr Footage
  • 1,008
  • Year Built
  • 1954
  • Taxes
  • $ 2190
  • Style
  • MLS#
  • 2626202
Listed By: Jeffrey Henderson with Hometown Realty.
Data Source: Central Virginia Regional MLS (CVRMLS)

Features

General

Interior Features Bedroom on Main Level,Ceiling Fan(s),En Suite Bathroom,Full Bath on Main Level,Granite Counters
Sewer Public Sewer
Heating Electric,Heat Pump
Cooling Heat Pump
Possession Close Of Escrow
Roof Composition
Appliances Dryer,Dishwasher,Electric Cooking,Gas Water Heater,Oven,Refrigerator,Stove,Washer
Exterior Features Storage,Shed
Patio/Porch Features Front Porch
Architectural Style Ranch
Pool Features None
Construction Materials Brick,Drywall,Frame
Year Built 1954
Stories 1
Levels One
Property SubType Single Family Residence
Tax Year 2026
Percent Ownership Individuals
Community Features Sidewalks
County Colonial Heights
New Construction false
Property Type Residential
Subdivision Name None
Garage Y/N false
Total Rooms 5
Full Baths 1
Status Active
High School Colonial Heights
Disclosures Seller Disclosure
Zoning Description R2
MLS Area 55 - Colonial Heights
Lot Size Units Acres
Waterfront Y/N false
Carport Y/N true
Elementary School North
Year Built Details Actual
Tax Annual Amount 2190
Middle/Junior High School Colonial Heights
Property Condition Resale
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 182500
Tax Lot 7
Ownership Type Sole Proprietor
Property Sub Type Additional Single Family Residence

Interior Features

Basement Crawl Space
Flooring Tile,Vinyl
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Fencing Chain Link,Fenced
Parking Features Carport,Off Street
Lot Features Cleared
Water Source Public
Lot Size Area 0.16
Lot Size Acres 0.16

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Ashland, VA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School North Elementary School
Middle School Colonial Heights Middle School
High School Colonial Heights High School

Price History

9/24/2026 Listed $249,500

Property vs Zip Code Average in 23834

Price
AVG $340K
$250K
Taxes
AVG $2,908
$2,190
Year Built
AVG 1967
1954

507 Walnut Avenue Colonial Heights, VA is a Single Family Home for sale at $249500 with 1008 sqft and a lot size of 0.16 Acres Acre(s). 507 Walnut Avenue Colonial Heights has 3 bedrooms, 1 baths and was built in 1954. The property's zip code is 23834 which is in Colonial Heights, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.