Ranch home in North Chesterfield, VA
This 1,640-square-foot Ranch home in North Chesterfield, VA includes 3 bedrooms and 2 bathrooms. It sits within the greater Richmond, VA area.
| Price | $350,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1640 |
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| Architectural style | Ranch (93% match) |
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| Address | 160 Arkwright Rd, North Chesterfield, VA 23236 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $350K, this home is 9% above the $320K median for 273 similar Ranch homes in Richmond, VA.
- That works out to $213 per square foot, 12% below the $243 comparable rate.
- On the market 12 days.
| This home | $350,000 |
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| Ranch median in Richmond, VA | $319,950 (273 homes) |
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| Price per sq ft | $213 vs. $243 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,301/month with 20% down at a 7.28% 30-year fixed rate. You would need about $98,605 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,916/mo |
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| Property tax (new-buyer reassessed rate) | $254/mo |
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| Homeowners insurance | $131/mo |
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| Total monthly | $2,301/mo |
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| Down payment (20%) | $70,000 |
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| Income needed | $98,605/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (60 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (60/100) |
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| Beats renting in | 11% of modeled paths |
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| Modeled 5-yr equity (median) | $158,608 |
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| Range (10th to 90th pct) | $92,237 to $234,556 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Richmond, VA where local data is thin.
Local home values
Typical home values in Richmond, VA have risen about 27% over the past 5 years (+3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia