1701 Summit Ave Unit 2 Richmond, VA 23230
Scott's Addition Neighborhood
2
Beds
2
Baths
1,104
Sq Ft
$425/mo
HOA Fee
Highlights
- 0.28 Acre Lot
- Cathedral Ceiling
- Corner Lot
- Open High School Rated A+
- Loft
- Granite Countertops
About This Home
As of May 2025Step into this beautiful corner-unit loft in the heart of Richmond’s vibrant Scott’s Addition, just minutes from Pinky’s, Gelati Celesti, and Tazza Kitchen. Offering a blend of industrial charm and modern comfort, this home is perfectly suited for city living. After entering this unit through the secure carded entry, you’re welcomed into a bright, open living space with soaring wood-beamed cathedral ceilings and expansive windows that fill the home with natural light. The kitchen is designed for both style and function, featuring a gas range, under-cabinet lighting, a sliding pots-and-pans rack, and luxury vinyl plank flooring that extends throughout the main level. A conveniently located en-suite guest bedroom offers flexibility and privacy. Upstairs, the lofted primary bedroom is a cozy retreat with carpeting, an exposed brick wall, and large windows that enhance the warm, urban aesthetic. Two oversized double-door closets provide ample storage, while the adjoining en-suite bathroom is thoughtfully designed for convenience and comfort. Don’t miss the opportunity to own this well-appointed and uniquely charming home in one of Richmond’s most sought-after neighborhoods!
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: (434) 284-3143 License #0225265984 Listed on: 03/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,708
Year Built
- Built in 1920
HOA Fees
- $425 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,104 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Loft
- Basement Storage
- Stacked Washer and Dryer
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Gas Cooktop
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Partially Carpeted
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Stair Lift
Schools
- Carver Elementary School
- Albert Hill Middle School
- Thomas Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Water Heater
Listing and Financial Details
- Assessor Parcel Number N000-1599-033
Community Details
Overview
- Summit Lofts Condo Subdivision
Additional Features
- Community Storage Space
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2025
Closed on
May 6, 2025
Sold by
Bae Christine L and Lee Christine Sue-Jeung
Bought by
Gohl Hannah Holbrook
Seller's Agent
POYNI AKANDE
Keller Williams Realty
Buyer's Agent
John O'Reilly
BHG Base Camp
List Price
$395,000
Sold Price
$397,000
Premium/Discount to List
$2,000
0.51%
Views
87
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.44%
Original Mortgage
$317,600
Outstanding Balance
$317,600
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$62,987
Purchase Details
Listed on
Jun 28, 2021
Closed on
Aug 2, 2021
Sold by
Iocco Leah
Bought by
Bae Christine L
Seller's Agent
Kali Strain
Snipes Properties
Buyer's Agent
Christopher Hannon
Keeton & Co Real Estate
List Price
$334,950
Sold Price
$340,000
Premium/Discount to List
$5,050
1.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$272,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 4, 2020
Closed on
Apr 9, 2020
Sold by
Basnight Jay
Bought by
Iocco Leah
Seller's Agent
Denise Miller
Compass
Buyer's Agent
Lulu Leath
Long & Foster REALTORS
List Price
$298,000
Sold Price
$290,000
Premium/Discount to List
-$8,000
-2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Purchase Details
Listed on
Mar 23, 2019
Closed on
Apr 22, 2019
Sold by
Mack Douglas G
Bought by
Basnight Jay
Seller's Agent
Jay McGee
Coach House Realty LLC
Buyer's Agent
Denise Miller
Compass
List Price
$275,000
Sold Price
$275,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$206,250
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 8, 2007
Sold by
Seventeen One Summit Ave
Bought by
Mack Douglas G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.18%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $397,000 | Atlantic Coast Settlement Serv | |
| Warranty Deed | $340,000 | Attorney | |
| Warranty Deed | $290,000 | Attorney | |
| Warranty Deed | $275,000 | Attorney | |
| Warranty Deed | $204,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $317,600 | New Conventional | |
| Previous Owner | $272,000 | New Conventional | |
| Previous Owner | $206,250 | New Conventional | |
| Previous Owner | $178,700 | New Conventional | |
| Previous Owner | $204,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Sold | $397,000 | +0.5% | $360 / Sq Ft |
| 03/31/2025 03/31/25 | Pending | -- | -- | -- |
| 03/25/2025 03/25/25 | For Sale | $395,000 | +16.2% | $358 / Sq Ft |
| 08/05/2021 08/05/21 | Sold | $340,000 | +1.5% | $308 / Sq Ft |
| 07/06/2021 07/06/21 | Pending | -- | -- | -- |
| 06/28/2021 06/28/21 | For Sale | $334,950 | +15.5% | $303 / Sq Ft |
| 04/17/2020 04/17/20 | Sold | $290,000 | -2.7% | $263 / Sq Ft |
| 03/17/2020 03/17/20 | Pending | -- | -- | -- |
| 01/04/2020 01/04/20 | For Sale | $298,000 | +8.4% | $270 / Sq Ft |
| 04/29/2019 04/29/19 | Sold | $275,000 | 0.0% | $249 / Sq Ft |
| 03/25/2019 03/25/19 | Pending | -- | -- | -- |
| 03/23/2019 03/23/19 | For Sale | $275,000 | -- | $249 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $1,428 | $263,000 | $45,000 | $218,000 |
| 2019 | $1,862 | $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 | $200,000 | $45,000 | $155,000 |
| 2014 | $1,020 | $200,000 | $45,000 | $155,000 |
Source: Public Records
Agents Affiliated with this Home
-
POYNI AKANDE
P
Seller's Agent in 2025
POYNI AKANDE
Keller Williams Realty
1 in this area
14 Total Sales
-
John O'Reilly
Buyer's Agent in 2025
John O'Reilly
Better Homes and Gardens Real Estate Main Street Properties
(804) 398-8537
1 in this area
125 Total Sales
-
Seller's Agent in 2021
Kali Strain
Snipes Properties
(464) 841-0178
-
Buyer's Agent in 2021
Christopher Hannon
Keeton & Co Real Estate
(757) 585-8976
-
Denise Miller
Seller's Agent in 2020
Denise Miller
Compass
(540) 903-5316
111 Total Sales
-
Lulu Leath
Buyer's Agent in 2020
Lulu Leath
Long & Foster
(804) 339-1451
20 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2507458
APN: N000-1599-033
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.
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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