Investor special in Hopewell! This 2-story home offers 4 bedrooms and 2 full bathrooms with a functional layout and plenty of potential. Features include a first-floor primary bedroom, spacious eat-in kitchen, and a convenient first-floor laundry room. Upstairs you’ll find 3 additional bedrooms offering plenty of space for family or guests. Nice size backyard perfect for entertaining, pets, or future outdoor improvements. Property needs some work and is being sold as-is, making it a great opportunity for investors, flippers, or buyers looking to add their personal touch. Conveniently located near local shopping, dining, and major highways. HUD Case# 544-304173 UI (Uninsured), Subject to Appraisal. Seller makes no representations or warranties as to property condition. HUD Homes are Sold “As-Is”. Built prior to 1978, lead based paint may potentially exist. Equal Housing Opportunity. Seller may contribute up to 3% for buyer’s closing costs, upon buyer request.
Single-familyProperty Type
1981Year Built
8,049 sq ftLot Size
$117Price/Sq.Ft.
Listed by Maurice Curley• New Generation Realty Inc.
Listed by LaWayne Bland• New Generation Realty Inc.
This 4 bedroom 2 full bath house makes a great first home or rental property to add to your portfolio. Tenants have moved out and Seller has put in new carpets upstairs in the bedrooms and a brand new roof. Spacious kitchen with a dining area that leads to the back deck overlooking a good sized yard. Just needs a fresh coat of paint to make it your own. Owner is selling this property and all appliances are included and in as is condition. Not a flip property at all, just needs the next owner to add some finishing touches. A lot of house for the money!
CVRMLS #1931099
Oct 7, 2019
Sold
$77,000
$50/sq ft
Sep 20, 2019
Pending
—
Sep 20, 2019
Listed
$89,900
$59/sq ft
CVRMLS #1920247
Sep 14, 2019
Listing Removed
—
Aug 25, 2019
Price Changed
$89,900
$59/sq ft
Jul 18, 2019
Price Changed
$99,900
$65/sq ft
Jun 18, 2019
Listed
$108,900
$71/sq ft
Public Records
Sep 30, 1983
Sold
$50,000
$33/sq ft
Public Records
Jun 2, 1981
Sold
$40,500
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,131 (+14.4%)
$26,000 + $152,000
$178,000
2024
$1,863 (+3.5%)
$25,500 + $133,700
$159,200
2023
$1,799 (+57.3%)
$25,500 + $133,700
$159,200
2022
$1,144
$23,500 + $77,700
$101,200
2021
$1,144 (−4.5%)
$23,500 + $77,700
$101,200
2020
$1,198
$23,000 + $83,000
$106,000
2019
$1,198 (−0.7%)
$23,000 + $83,000
$106,000
2018
$1,206
$22,100 + $84,600
$106,700
2017
$1,206 (−1.9%)
$22,100 + $84,600
$106,700
2016
$1,229 (+1.8%)
$22,100 + $86,700
$108,800
2014
$1,207 (+2.7%)
$22,100 + $86,700
$108,800
2013
$1,175
$22,100 + $86,700
$108,800
Public record
Beds
4
Baths
2
Stories
—
Lot width
70 ft.
Lot depth
115 ft.
Lot size
8,050 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,536
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,536
Year built
1981
Style
Single Family Residential
County
Hopewell
APN
1550015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 16 days in 30 years
6/10 Wind Factor
49% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Hopewell, VA • 23860
Average low and high temperatures (°F)
46
27
51
32
68
43
76
52
78
58
89
67
90
72
83
65
80
62
72
49
64
41
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1607 Old Iron Rd
$182,621
$2,621 over list price of $180K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $105K to $308K.