NOT LISTED FOR SALE

1701 Summit Ave Unit 10 Richmond, VA 23230

Scott's Addition Neighborhood

Estimated Value: $353,000 - $394,000

2 Beds
2 Baths
1,005 Sq Ft
$350/mo HOA Fee

Last Sold October 12, 2022

Last sale price $335,000 $333 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,748/month

11 Days on Market

Highlights

  • 0.28 Acre Lot
  • Cathedral Ceiling
  • Granite Countertops
  • Open High School Rated A+
  • Modern Architecture
  • Beamed Ceilings

About This Home

As of October 2022

Located in historic Scott's Addition, Richmond's fastest growing neighborhood, with an impressive collection of over 13 breweries, cideries, meaderies, and distilleries! This condo community is well-located close to so many amenities, including ZZQ Texas Craft Barbeque, The Veil Brewing Co., Blue Bee Cider, Circuit Arcade, Ardent, and Brenner Pass, just to name a few. The ceilings are accented by wood beams, metal rollers and gears providing an urban feel to this once industrial building. Impressive Maple cabinets, granite countertops, and stainless-steel appliances in the kitchen. The open floor plan on the first floor and bar style seating in the kitchen are perfect for entertaining. The loft style primary bedroom is located on the second floor with en-suite bathroom and tile shower. Additional bedroom and full bathroom on the first floor. HVAC is only 3 years young and well maintained. Home also includes one allocated off-street parking spot and shared storage in the basement. Monthly events within the "Lofts" community another added bonus!

Last Agent to Sell the Property

Mike Boone

Boone Residential LLC License #0225199873 Listed on: 09/01/2022

Last Buyer's Agent

Elizabeth Wallace

Own Real Estate LLC License #0225232701

Own Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,312

Year Built

  • Built in 1920

Lot Details

  • 0.28

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,005 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceramic Tile Flooring
  • Partial Basement
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Carver Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number N000-1599-041

Community Details

Overview

  • Summit Lofts Condo Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,312

Year Built

Built in 1920

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1920
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.2815
  • Ownership: Individuals
  • Subdivision Name: Summit Lofts Condo
  • Architectural Style: Modern
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Basement: Partial
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Granite Counters
  • Living Area: 1005.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N000-1599-041
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3312.0

MLS Schools

  • Elementary School: Carver
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 20, 2021
Sold by
Chung Anthony J
Bought by
Gower Anthony Ray and Gower Sheila Marie
Seller's Agent
Shannon Harton
Nest Realty Group
Buyer's Agent
Mike Boone
Boone Residential LLC
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$378,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,448
Avg. Annual Appreciation
5.94%
Original Mortgage
$269,910
Outstanding Balance
$247,730
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$125,968

Purchase Details

Listed on
May 4, 2018
Closed on
May 31, 2018
Sold by
Manning Damon Delano
Bought by
Chung Antony J
Seller's Agent
Zelma Watkins
Virginia Capital Realty
Buyer's Agent
Shannon Harton
Nest Realty Group
List Price
$248,500
Sold Price
$245,000
Premium/Discount to List
-$3,500
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$175,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2007
Sold by
Seventeen One Summit Ave
Bought by
Manning Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,950
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Gower Anthony Ray $299,900 Attorney
Chung Antony J $245,000 Attorney
Manning Damon $201,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gower Anthony Ray $269,910
Previous Owner Chung Antony J $175,000
Previous Owner Manning Damon $201,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $335,000 0.0% $333 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $335,000 +11.7% $333 / Sq Ft
09/23/2021 09/23/21 Sold $299,900 0.0% $298 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $299,900 +22.4% $298 / Sq Ft
06/01/2018 06/01/18 Sold $245,000 -1.4% $244 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $248,500 -- $247 / 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 $3,708 $309,000 $55,000 $254,000
2024 $3,708 $309,000 $55,000 $254,000
2023 $3,552 $296,000 $55,000 $241,000
2022 $3,312 $276,000 $55,000 $221,000
2021 $3,156 $276,000 $55,000 $221,000
2020 $2,880 $263,000 $45,000 $218,000
2019 $936 $202,000 $45,000 $157,000
2018 $1,558 $197,000 $45,000 $152,000
2017 $2,280 $190,000 $45,000 $145,000
2016 $1,020 $190,000 $45,000 $145,000
2015 $1,020 $190,000 $45,000 $145,000
2014 $1,020 $190,000 $45,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Boone

    Seller's Agent in 2022

    Mike Boone

    Boone Residential LLC

    (804) 361-9539

    3 in this area

    212 Total Sales

    Mike Boone
    Section Image
  • Elizabeth Wallace

    Buyer's Agent in 2022

    Elizabeth Wallace

    Own Real Estate LLC

    (757) 903-6057

    1 in this area

    45 Total Sales

    Elizabeth Wallace
    Section Image
  • Shannon Harton

    Seller's Agent in 2021

    Shannon Harton

    Nest Realty Group

    (804) 416-4663

    1 in this area

    90 Total Sales

    Shannon Harton
    Section Image

  • Z

    Seller's Agent in 2018

    Zelma Watkins

    Virginia Capital Realty

    (804) 306-2533

    15 Total Sales

    Zelma Watkins
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2224544

Central Virginia Regional MLS

APN: N000-1599-041

Virginia Richmond City County Richmond 23230 Scott’s Addition

1701 Summit Ave Unit 10, Richmond, VA

This home is located at 1701 Summit Ave Unit 10, Richmond, VA 23230 since 01 September 2022 and is currently estimated at $378,348, approximately $376 per square foot. This property was built in 1920. 1701 Summit Ave Unit 10 is a home located in Richmond City with nearby schools including George W. Carver Elementary School, Albert Hill Middle, and Thomas Jefferson 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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