NOT LISTED FOR SALE

1503 Oakwood Ave Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $512,000 - $550,000

3 Beds
2.5 Baths
2,309 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $520,000 $225 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,353/month

27 Days on Market

Highlights

  • Under Construction
  • Deck
  • Loft
  • Open High School Rated A+
  • Wood Flooring
  • 1-minute walk to Oakwood Playground

About This Home

As of September 2023

Don't miss your opportunity to jump on this beautiful new construction home tucked away in the North Church Hill/Oakwood area. This spacious, 3 bed, 2.5 bath home incorporates many period elements to fit into the surrounding historic fabric while offering ideal amenities for modern living. You will be sure to love the wood floors, abundant natural light, and beautiful finishes throughout the airy open floor plan. Convenient off-street parking and generous back yard! The eat-in kitchen boasts a large island w/seating, shaker cabinets, granite countertops, stainless steel appliances, and gorgeous tile backsplash. Tons of natural light and 9' ceilings make this home spacious and bright. The large primary bedroom has generous closet space and beautiful en-suite bathroom with glass enclosed shower. Don’t miss the finished loft area on the 3rd floor – amazing flex space for a rec room, home office or 4th bedroom. Enjoy your morning coffee or evening glass of wine on the rooftop terrace! Just minutes from all of Church Hill's famed restaurants, cafes, bakeries, and parks. And convenient to Downtown, VCU Medical Center, and highway access! Schedule your private walk-through today!

Last Agent to Sell the Property

David Seibert

Real Broker LLC Brokerage Phone: 804-346-4411 License #0225189389 Listed on: 06/28/2023

Real Broker LLC

Last Buyer's Agent

Sushila Maragh

United Real Estate Richmond License #0225221179

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 2,836 Sq Ft Lot
  • Partially Fenced Property
  • Zoning described as R-5

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,309 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Thermal Windows
  • Separate Formal Living Room
  • Loft
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number E000-1406-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$924

Year Built

Built in 2023 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Property Attached Yn: No
  • Attribution Contact: 804-346-4411
  • Lot Size Acres: 0.0651
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • Year Built Details: New
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Separate/Formal Dining Room, Double Vanity, Granite Counters, Kitchen Island, Loft, Bath in Primary Bedroom, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2309.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Partial
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type
  • Patio And Porch Features: Rear Porch, Deck, Front Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1406-019
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 924.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 14, 2023
Sold by
Ccrii Holdings Llc
Bought by
Conner Eric
Seller's Agent
David Seibert
Real Broker LLC
Buyer's Agent
Sushila Maragh
United Real Estate Richmond
List Price
$524,950
Sold Price
$520,000
Premium/Discount to List
-$4,950
-0.94%
Views
67
Current Estimated Value
$533,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,605
Avg. Annual Appreciation
1.93%
Original Mortgage
$416,000
Outstanding Balance
$408,525
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$131,953

Purchase Details

Closed on
Feb 23, 2021
Sold by
Hhgrubb Llc
Bought by
Ccrii Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Conner Eric $520,000 Old Republic National Title In
Ccrii Holdings Llc $40,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conner Eric $416,000
Previous Owner Ccrii Holdings Lic $322,500
Previous Owner Ccrii Holdings Llc $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $520,000 -0.9% $225 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $524,950 -- $227 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,120 $510,000 $70,000 $440,000
2024 $6,012 $501,000 $70,000 $431,000
2023 $924 $77,000 $70,000 $7,000
2022 $744 $62,000 $55,000 $7,000
Source: Public Records

Agents Affiliated with this Home

  • David Seibert

    Seller's Agent in 2023

    David Seibert

    Real Broker LLC

    (804) 201-7220

    15 in this area

    462 Total Sales

    David Seibert
    Section Image
  • Sushila Maragh

    Buyer's Agent in 2023

    Sushila Maragh

    United Real Estate Richmond

    (804) 299-9810

    1 in this area

    51 Total Sales

    Sushila Maragh
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2315036

Central Virginia Regional MLS

APN: E000-1406-019

Virginia Richmond City County Richmond 23223 Oakwood

1503 Oakwood Ave, Richmond, VA

This home is located at 1503 Oakwood Ave, Richmond, VA 23223 since 28 June 2023 and is currently estimated at $533,605, approximately $231 per square foot. This property was built in 2023. 1503 Oakwood Ave is a home located in Richmond City with nearby schools including Chimborazo Elementary School, Martin Luther King Jr. Middle School, and Armstrong High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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