Seller's Agent in 2020
Jane Vick
Long & Foster
(804) 335-4414
161 Total Sales
1701 Summit Ave Unit 7 Richmond, VA 23230
Scott's Addition NeighborhoodEstimated Value: $362,814 - $412,000
2
Beds
2
Baths
1,062
Sq Ft
$325/mo
HOA Fee
Highlights
- 0.28 Acre Lot
- Wood Flooring
- Modern Architecture
- Open High School Rated A+
- Main Floor Bedroom
- Loft
About This Home
As of May 2020Welcome to this 2 bed, 2 bath condo in the sought after Summit Lofts in Scott's Addition! Renovated from a 1920's warehouse, this unit has 20+ft wood beamed ceilings, plenty of natural light & has been meticulously maintained. The 1st floor bed has 11ft ceilings & a large closet. It is across the hall from the 1st floor bath which has a brand new vanity & a tub/shower combo. The kitchen has eat-in space for 4, granite counters, stainless steel appliances & newly painted white cabinets - it is open to the gorgeous living room w/ vaulted & beamed 20+ft wood ceilings. Outside is a private patio. Beautiful wood planked stairs lead you up to the spacious master suite loft w/ large industrial metal windows, ensuite bath, large closet and laundry. The owners installed blackout shades for the upper windows & thermal tinting on the sky lights so sun exposure can be managed to your liking. There is additional storage space under the stairs, in the foyer closet, & community storage in the basement. One off street parking space provided. New HVAC and dishwasher installed December 2019. Walkable to breweries, restaurants, the Diamond & the movie theater!
Last Agent to Sell the Property
Long & Foster REALTORS License #0225219833 Listed on: 03/11/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,862
Year Built
- Built in 1920 | Remodeled
Lot Details
- 0.28
HOA Fees
- $325 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Modern Architecture
- Brick Exterior Construction
- Fire Rated Drywall
- Rubber Roof
Interior Spaces
- 1,062 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- High Ceiling
- Loft
- Crawl Space
Kitchen
- Eat-In Kitchen
- Oven
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Rear Porch
Schools
- Fox Elementary School
- Albert Hill Middle School
- Thomas Jefferson High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number N000-1599-038
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 11, 2020
Closed on
Apr 16, 2020
Sold by
Obannon Clark E and Obannon Katherine Belza
Bought by
Benson Tyler J and Benson Alexandra M
Seller's Agent
Jane Vick
Long & Foster REALTORS
Buyer's Agent
Laura Green
Long & Foster REALTORS
List Price
$289,000
Sold Price
$295,000
Premium/Discount to List
$6,000
2.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,454
Avg. Annual Appreciation
5.24%
Original Mortgage
$286,150
Outstanding Balance
$253,971
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$139,483
Purchase Details
Closed on
Sep 20, 2006
Sold by
Seventeen One Summit Ave
Bought by
Hepler Brandon K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,250
Interest Rate
6.59%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Benson Tyler J | $295,000 | Attorney | |
| Hepler Brandon K | $214,123 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Benson Tyler J | $286,150 | |
| Previous Owner | Hepler Brandon K | $171,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2020 05/07/20 | Sold | $295,000 | +2.1% | $278 / Sq Ft |
| 03/16/2020 03/16/20 | Pending | -- | -- | -- |
| 03/11/2020 03/11/20 | For Sale | $289,000 | -- | $272 / 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 | $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
-
Jane Vick
-
Laura Green
Buyer's Agent in 2020
Laura Green
Long & Foster
(804) 399-9622
32 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2007598
APN: N000-1599-038
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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