1701 Summit Ave Unit 8 Richmond, VA 23230
Scott's Addition Neighborhood
2
Beds
2
Baths
1,002
Sq Ft
0.28
Acres
Highlights
- Ceramic Tile Flooring
- Open High School Rated A+
- Forced Air Heating and Cooling System
About This Home
As of July 2019The wow factor is off the charts in this renovated loft featuring the perfect combination of modern style with historic architectural details. Highlights include 25 ft ceilings, original wood beams and elements of the warehouse pulley system. Summit Lofts is located in the convenient and bustling Summit Street corridor of Scott's Addition, with walkability to restaurants, coffee shops, craft brewery, movie theater and ballpark. The spacious kitchen features stainless steel appliances, maple cabinets (some with glass doors) & granite counter tops with a breakfast bar. The two bedroom/two full bath layout would be excellent for a roommate. The windows in this unit provide gorgeous natural light, they have also been equipped with blinds & solar film on all windows. Monthly fees include designated off street parking, water & sewer. Everything freshly painted and professionally cleaned..ready for move-in. For those unfamiliar with Scott’s Addition, you will be amazed with the level of investment driving the renovation in this historic district. With $100’s of millions of dollars invested, Scott’s Addition is adding living spaces, retail spaces and creative office at an amazing rate.
Last Agent to Sell the Property
Samson Properties License #0225186166 Listed on: 02/21/2015
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,708
Year Built
- 1920
Home Design
- Rubber Roof
Flooring
- Partially Carpeted
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- Property has 2 Levels
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number N0001599039
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
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
Similar Homes in Richmond, VA
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 |
|---|---|---|---|
| Warranty Deed | $280,000 | Attorney | |
| Warranty Deed | $169,900 | -- | |
| Warranty Deed | $143,000 | -- | |
| Warranty Deed | $205,950 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,500 | New Conventional | |
| Closed | $244,000 | New Conventional | |
| Previous Owner | $135,900 | New Conventional | |
| Previous Owner | $107,250 | New Conventional | |
| Previous Owner | $161,650 | New Conventional |
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
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
-
Jake Albritton
Buyer's Agent in 2019
Jake Albritton
Keller Williams Realty
(804) 609-1786
220 Total Sales
-
Sarah Jarvis
Seller's Agent in 2015
Sarah Jarvis
Samson Properties
(804) 356-4700
1 in this area
152 Total Sales
-
Alexis Thompson
Seller Co-Listing Agent in 2015
Alexis Thompson
River Fox Realty LLC
(804) 627-3803
216 Total Sales
-
Kennetha White
K
Buyer's Agent in 2015
Kennetha White
White House Realty Group
(888) 505-2635
1 Total Sale
-
Sandra Francisco
Seller's Agent in 2012
Sandra Francisco
BHHS PenFed (actual)
(804) 405-4007
78 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 1504754
APN: N000-1599-039
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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