NOT LISTED FOR SALE

1701 Summit Ave Unit 8 Richmond, VA 23230

Scott's Addition Neighborhood

Estimated Value: $360,704 - $396,000

2 Beds
2 Baths
1,050 Sq Ft
$325/mo HOA Fee

Last Sold July 08, 2019

Last sale price $280,000 $267 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,764/month

4 Days on Market

Highlights

  • 0.28 Acre Lot
  • Wood Flooring
  • Loft
  • Open High School Rated A+
  • Main Floor Bedroom
  • High Ceiling

About This Home

As of July 2019

Opportunity knocks to live in trendy Scott's Addition! Summit Lofts is a converted warehouse with 14 condos. #8 is particularly alluring due to the beamed ceilings, natural light and pristine condition. Kitchen with granite and stainless has an eat-in bar area and opens to living room. Master Bedroom loft with ensuite bath + double closet. Bedroom #2 is privately located off the entryway. One off-street parking space allotted. Urban living at it's best: walk to BowTie Theatre, Urban Farmhouse, numerous breweries and popular restaurants including Lunch/Supper.

Last Agent to Sell the Property

Betsy Dotterer

The Steele Group License #0225075877 Listed on: 05/30/2019

The Steele Group

Last Buyer's Agent

Jake Albritton

Keller Williams Realty License #0225217145

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 0.28

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Loft
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp

Schools

  • Fox 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

Community Details

  • Summit Lofts Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number N000-1599-039

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,558

Year Built

Built in 1920 | Remodeled

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: Low Rise, Two Story
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Gas Water Heater
  • Accessibility Features: Accessibility Features, Accessible Approach with Ramp
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Granite Counters, High Ceilings, Loft, Bath in Primary Bedroom
  • Living Area: 1050.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

  • Parking Features: Off Street

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

  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Hot Water, Insurance, Snow Removal, Trash

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N000-1599-039
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1558.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Jun 28, 2019
Sold by
Chargois Brent Philip
Bought by
Fisher Jonathan and Fisher Quantaria
Seller's Agent
Betsy Dotterer
The Steele Group
Buyer's Agent
Jake Albritton
Keller Williams Realty
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$385,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,676
Avg. Annual Appreciation
5.09%
Original Mortgage
$244,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2015
Closed on
Apr 7, 2015
Sold by
Loredo Edward A
Bought by
Chargois Brent P
Seller's Agent
Sarah Jarvis
Samson Properties
Buyer's Agent
Kennetha White
White House Realty Group
List Price
$179,900
Sold Price
$169,900
Premium/Discount to List
-$10,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$135,900
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2012
Closed on
Aug 2, 2012
Sold by
Rallis Donald N
Bought by
Loredo Edward A
Seller's Agent
Sandra Francisco
BHHS PenFed Realty
Buyer's Agent
Rick Jarvis
Samson Properties
List Price
$159,000
Sold Price
$143,000
Premium/Discount to List
-$16,000
-10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$107,250
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Seventeen One Summit Ave
Bought by
Rallis Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,650
Interest Rate
6.31%
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
Fisher Jonathan $280,000 Attorney
Chargois Brent P $169,900 --
Loredo Edward A $143,000 --
Rallis Donald $205,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Jonathan $229,500
Closed Fisher Jonathan $244,000
Previous Owner Chargois Brent P $135,900
Previous Owner Loredo Edward A $107,250
Previous Owner Rallis Donald $161,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $280,000 +0.4% $267 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $279,000 +64.2% $266 / Sq Ft
04/24/2015 04/24/15 Sold $169,900 -5.6% $170 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
02/21/2015 02/21/15 For Sale $179,900 +25.8% $180 / Sq Ft
08/15/2012 08/15/12 Sold $143,000 -10.1% $143 / Sq Ft
07/14/2012 07/14/12 Pending -- -- --
03/03/2012 03/03/12 For Sale $159,000 -- $159 / 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 $1,872 $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

  • Betsy Dotterer

    Seller's Agent in 2019

    Betsy Dotterer

    The Steele Group

    (804) 839-5907

    113 Total Sales

    Betsy Dotterer
    Section Image
  • Jake Albritton

    Buyer's Agent in 2019

    Jake Albritton

    Keller Williams Realty

    (804) 609-1786

    222 Total Sales

    Jake Albritton
    Section Image
  • Sarah Jarvis

    Seller's Agent in 2015

    Sarah Jarvis

    Samson Properties

    (804) 356-4700

    151 Total Sales

    Sarah Jarvis
    Section Image
  • Alexis Thompson

    Seller Co-Listing Agent in 2015

    Alexis Thompson

    River Fox Realty LLC

    (804) 627-3803

    219 Total Sales

    Alexis Thompson
    Section Image

  • K

    Buyer's Agent in 2015

    Kennetha White

    White House Realty Group

    (888) 505-2635

    1 Total Sale

    Kennetha White
    Section Image
  • Sandra Francisco

    Seller's Agent in 2012

    Sandra Francisco

    BHHS PenFed (actual)

    (804) 405-4007

    78 Total Sales

    Sandra Francisco
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1917666

Central Virginia Regional MLS

APN: N000-1599-039

Virginia Richmond City County Richmond 23230 Scott’s Addition

1701 Summit Ave Unit 8, Richmond, VA

This home is located at 1701 Summit Ave Unit 8, Richmond, VA 23230 since 30 May 2019 and is currently estimated at $385,676, approximately $367 per square foot. This property was built in 1920. 1701 Summit Ave Unit 8 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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