NOT LISTED FOR SALE

1701 Summit Ave Unit 5 Richmond, VA 23230

Scott's Addition Neighborhood

Estimated Value: $374,671 - $408,000

2 Beds
2 Baths
1,062 Sq Ft
$350/mo HOA Fee

Last Sold September 27, 2021

Last sale price $308,000 $290 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,734/month

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Skylights
  • Open High School Rated A+
  • Granite Countertops
  • Patio

About This Home

As of September 2021

Location location location! Urban living at its best... Updated, very cool Condo walking distance to all this area has to offer. 2bed/2BA, open concept. Blended urban, rustic, modern finishes and features throughout.

Last Agent to Sell the Property

Richard Halenda

The Wilson Group License #0225069972 Listed on: 08/29/2021

Last Buyer's Agent

Joy Whitehurst

River Fox Realty License #0225251457

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 0.28

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Shared Basement
  • Basement Storage

Home Security

Outdoor Features

  • Patio

Schools

  • Lois-Harrison Jones Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number N000-1599-036

Community Details

Overview

  • Summit Lofts Condo Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1920 | Remodeled

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1920
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Summit Lofts Condo
  • Architectural Style: Low Rise
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Common Basement, Partial, Storage Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Skylights
  • Living Area: 1062.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N000-1599-036
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 276000.0

MLS Schools

  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Sep 20, 2021
Sold by
Thomas Brian L
Bought by
Tickley William Pierce Heywood
Seller's Agent
Richard Halenda
The Wilson Group
Buyer's Agent
Joy Whitehurst
River Fox Realty
List Price
$308,000
Sold Price
$308,000
Current Estimated Value
$394,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,418
Avg. Annual Appreciation
6.22%
Original Mortgage
$227,920
Outstanding Balance
$207,390
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$187,028

Purchase Details

Listed on
Mar 6, 2019
Closed on
Apr 17, 2019
Sold by
Haddock Graham and Edmonds Debra
Bought by
Thomas Brian L
Seller's Agent
Shannon Harton
Nest Realty Group
Buyer's Agent
Richard Halenda
The Wilson Group
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
4.79%
Original Mortgage
$261,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2017
Sold by
Haddock Graham
Bought by
Haddock Graham and Edmonds Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2007
Sold by
Seventeen One Summit Ave
Bought by
Haddock Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,750
Interest Rate
8.5%
Mortgage Type
Stand Alone Second
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
Tickley William Pierce Heywood $308,000 Attorney
Thomas Brian L $275,000 Homeland United Title Llc
Haddock Graham -- None Available
Haddock Graham $218,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tickley William Pierce Heywood $227,920
Previous Owner Thomas Brian L $261,250
Previous Owner Haddock Graham $166,400
Previous Owner Haddock Graham $32,750
Previous Owner Haddock Graham $174,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $308,000 0.0% $290 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $308,000 +12.0% $290 / Sq Ft
04/26/2019 04/26/19 Sold $275,000 0.0% $259 / Sq Ft View Prior Sale
03/14/2019 03/14/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $275,000 -- $259 / 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 $2,856 $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

  • Richard Halenda

    Seller's Agent in 2021

    Richard Halenda

    The Wilson Group

    (804) 502-0488

    1 in this area

    42 Total Sales

    Richard Halenda
    Section Image

  • J

    Buyer's Agent in 2021

    Joy Whitehurst

    River Fox Realty

    Section Image
  • Shannon Harton

    Seller's Agent in 2019

    Shannon Harton

    Nest Realty Group

    (804) 416-4663

    1 in this area

    88 Total Sales

    Shannon Harton
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2126816

Central Virginia Regional MLS

APN: N000-1599-036

Virginia Richmond City County Richmond 23230 Scott’s Addition

1701 Summit Ave Unit 5, Richmond, VA

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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