$290,000
SOLD APR 17, 2020

1701 Summit Ave Unit 2 Richmond, VA 23230

Scott's Addition Neighborhood
2 Beds
2 Baths
1,104 Sq Ft
$325/mo HOA Fee

Recently Sold

$263 Per Sq Ft

3% Below List Price

73 Days on Market

Highlights

  • City View
  • 0.28 Acre Lot
  • Cathedral Ceiling
  • Open High School Rated A+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2025

DO NOT MISS THIS OPPORTUNITY TO LIVE IN ONE OF THE MOST SOUGHT AFTER AREAS IN THE CITY! This large industrial-style 2 bedroom, 2 bathroom corner loft in the center of Scott's Addition features exposed brick walls, vaulted 20+ ft wood ceilings, granite counter tops, stainless steel appliances, brand new hardwood floors, and fresh paint throughout . The unit is just steps away from dozens of breweries, amazing restaurants, and coffee shops. The large loft master bedroom is complete with an attached bath with walk-in ceramic tiled shower, laundry area, and over sized closet. There is both on and off-street parking shared on a first come basis between the 14 units with one parking permit provided per unit.

Last Agent to Sell the Property

Denise Miller

Compass License #0225199227 Listed on: 01/04/2020

Compass

Last Buyer's Agent

Lulu Leath

Long & Foster REALTORS License #0225210576

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1920

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Track Lighting
  • Loft
  • City Views
  • Unfinished Basement
  • Shared Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Stair Lift

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number N000-1599-033

Community Details

Overview

  • Summit Lofts Condo Subdivision

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,862

Year Built

Built in 1920

Lot Details

0

HOA Fees

$325 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: Contemporary, Low Rise, Modern
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Common Basement, Unfinished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Stove, Washer
  • Accessibility Features: Stair Lift
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Beamed Ceilings, Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Loft, Bath in Primary Bedroom, Pantry, Track Lighting
  • Living Area: 1104.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Metal Siding

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Controlled Access, Fire Sprinkler System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Amenities: Management
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N000-1599-033
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1862.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

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
-19.93%
Original Mortgage
$317,600
Outstanding Balance
$317,331
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$63,256

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Closed $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

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 $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

  • P

    Seller's Agent in 2025

    POYNI AKANDE

    Keller Williams Realty

  • J

    Buyer's Agent in 2025

    John O'Reilly

    Better Homes and Gardens Real Estate Main Street Properties

  • K

    Seller's Agent in 2021

    Kali Strain

    Snipes Properties

  • C

    Buyer's Agent in 2021

    Christopher Hannon

    Keeton & Co Real Estate

  • D

    Seller's Agent in 2020

    Denise Miller

    Compass

  • L

    Buyer's Agent in 2020

    Lulu Leath

    Long & Foster

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2000536

Central Virginia Regional MLS

APN: N000-1599-033

Virginia Richmond City County Richmond 23230 Scott’s Addition

1701 Summit Ave Unit 2, Richmond, VA

This home is located at 1701 Summit Ave Unit 2, Richmond, VA 23230 and is currently priced at $290,000, approximately $262 per square foot. This property was built in 1920. 1701 Summit Ave Unit 2 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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