NOT LISTED FOR SALE

1507 Nelson St Richmond, VA 23231

Fulton Neighborhood

Estimated Value: $355,000 - $400,000

3 Beds
2.5 Baths
1,453 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $340,000 $234 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,369/month

5 Days on Market

Highlights

  • New Construction
  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Open High School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of September 2022

Welcome to his gorgeous newly constructed home in Fulton featuring 3 bedrooms 2.5 baths and 1,450 SF of living space!! Enjoy a stately wide walkway to the covered front porch with board and batten siding and tons of upgrades throughout to include 9' ceilings on the first floor, engineered wide plank hardwoods throughout, lots of can lights and more!! Spacious LR transom overhead with 2 coat closets for added storage and a nice sized space for ease of living and sight lines into the kitchen and dining areas! Kitchen boasting granite counter tops with tile backsplash, soft close doors and drawers, SS Appliances with a pantry and not to mention a 7' island with a bar overhang!! First Floor Primary bedroom with a nice sized WIC and en suite featuring tile floors, oversized vanity with tub/shower and tile to the ceiling! Powder room tucked away or privacy! Larger totally private back yard! Nice sized bedrooms on the 2nd floor with larger closets and plenty of overhead lighting! Hall bath features tile floors and tile tub/shower surround!

Last Agent to Sell the Property

Matt Jarreau

Hometown Realty License #0225175691 Listed on: 08/19/2022

Last Buyer's Agent

Mitzi Ford

Property Consultants, Inc License #0225226388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $360

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 40x98
  • Privacy Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Zoning described as R-5

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,453 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Thermal Windows
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Induction Cooktop
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater
  • Cable TV Available

Community Details

  • Waverly Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number E010-0106-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$360

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Property Attached Yn: No
  • Lot Size Acres: 0.0909
  • Lot Size: 40x98
  • Ownership: Corporate
  • Subdivision Name: Waverly Place
  • Architectural Style: Bungalow, Cape Cod, Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Exhaust Fan, Electric Cooking, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Smooth Cooktop, Self Cleaning Oven, Stove, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Cable TV, Walk-In Closet(s)
  • Living Area: 1453.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Landscaped, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: New Construction

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E010-0106-030
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 360.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 22, 2022
Sold by
Watchtower Homes And Construction Llc
Bought by
Ford Ark M and Ford Lee A
Seller's Agent
Matt Jarreau
Hometown Realty
Buyer's Agent
Mitzi Ford
Property Consultants, Inc
List Price
$340,000
Sold Price
$340,000
Views
6
Current Estimated Value
$378,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,443
Avg. Annual Appreciation
1.67%
Original Mortgage
$309,075
Outstanding Balance
$297,677
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$59,131

Purchase Details

Closed on
Dec 13, 2021
Sold by
Morton Yvonne M
Bought by
Watchtower Homes And Construction Llc

Purchase Details

Closed on
Aug 7, 2000
Sold by
Holmes Evelyn R and Holmes Raymond T
Bought by
Burrell Willie A and Burrell Cynthia M
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
Ford Ark M $339,950 First American Title
Watchtower Homes And Construction Llc $200,000 Attorney
Burrell Willie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Ark M $309,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $340,000 0.0% $234 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $339,950 0.0% $234 / Sq Ft
08/19/2022 08/19/22 For Sale $340,000 -- $234 / 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 $4,332 $361,000 $55,000 $306,000
2024 $4,128 $344,000 $50,000 $294,000
2023 $3,708 $309,000 $40,000 $269,000
2022 $360 $30,000 $30,000 $0
2021 $216 $20,000 $20,000 $0
2020 $216 $18,000 $18,000 $0
2019 $216 $18,000 $18,000 $0
2018 $216 $18,000 $18,000 $0
2017 $180 $15,000 $15,000 $0
2016 $180 $15,000 $15,000 $0
2015 $180 $15,000 $15,000 $0
2014 $180 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Jarreau

    Seller's Agent in 2022

    Matt Jarreau

    Hometown Realty

    (804) 306-9019

    54 in this area

    757 Total Sales

    Matt Jarreau
    Section Image

  • M

    Buyer's Agent in 2022

    Mitzi Ford

    Property Consultants, Inc

    (804) 909-0965

    1 in this area

    52 Total Sales

    Mitzi Ford
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2222744

Central Virginia Regional MLS

APN: E010-0106-030

Virginia Richmond City County Richmond 23231 Fulton

1507 Nelson St, Richmond, VA

This home is located at 1507 Nelson St, Richmond, VA 23231 since 19 August 2022 and is currently estimated at $378,443, approximately $260 per square foot. This property was built in 2022. 1507 Nelson St is a home located in Richmond City with nearby schools including Bellevue 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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