NOT LISTED FOR SALE

Estimated Value: $366,015 - $396,000

2 Beds
2 Baths
1,062 Sq Ft
1,059 Sq Ft Lot Lot

Sale Details

Date Sold: June 4, 2019

Last sale price $279,000 $263 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,728 / mo

30 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • High Ceiling
  • Open High School Rated A+
  • Loft
  • Granite Countertops

About This Home

As of June 2019

Welcome to Scott's Addition, Richmond's newest and thriving community. Located at the Summit Lofts, this 2 bedroom/ 2 bath condo features a large kitchen, vaulted ceilings, large bedrooms, updated bathrooms, large windows, and an outdoor patio! Designated parking is also located next to the building for the Summit Lofts. Scott's Addition has become Richmond's new hot spot! Located walking distance to numerous restaurants, breweries and attractions! Laundry is located in the unit. There is a first floor bedroom with a full bath. Tile flooring located throughout the first floor with hardwood flooring on the second level. The building entrance has an elevator allowing for this to be a handicap accessible unit or to make moving a breeze. Come see what Scott's Addition has to offer!

Last Agent to Sell the Property

Justin Ellis

Real Broker LLC License #0225224563 Listed on: 04/03/2019

Real Broker LLC

Last Buyer's Agent

Katie Stiles

Joyner Fine Properties License #0225186811

Joyner Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1920

Lot Details

  • 1,059

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Rubber Roof

Interior Spaces

  • 1,062 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Loft

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • 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

Basement

  • Interior Basement Entry
  • Shared Basement
  • Basement Storage

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Customized Wheelchair Accessible
  • Accessibility Features

Outdoor Features

  • Patio
  • Porch

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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number N000-1599-040

Community Details

Overview

  • Summit Lofts Condo Subdivision

Amenities

  • Community Storage Space

Security

  • Controlled Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,558

Year Built

Built in 1920

Lot Details

1,059 Sq Ft Lot

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1920
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0243
  • 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: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Basement: Common Basement, Interior Entry, Storage Space
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Cooking, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Customized Wheelchair Accessible, Accessible Elevator Installed
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Loft, Bath in Primary Bedroom, Pantry, Recessed Lighting, Skylights
  • Living Area: 1062.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall
  • Exterior Features: Porch
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Home Owners Association, Storage Facilities
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Hot Water, Insurance, Reserve Fund, Snow Removal, Trash

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N000-1599-040
  • 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
Apr 3, 2019
Closed on
May 30, 2019
Sold by
Mcdowell Elliott H
Bought by
Johnson Gary S
Seller's Agent
Justin Ellis
Real Broker LLC
Buyer's Agent
Katie Stiles
Joyner Fine Properties
List Price
$279,000
Sold Price
$279,000
Current Estimated Value
$386,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,236
Avg. Annual Appreciation
4.55%
Original Mortgage
$264,000
Outstanding Balance
$228,724
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$152,280

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 4, 2018
Sold by
Ahonen Samuel J
Bought by
Mcdowell Elliott H
Seller's Agent
Jamie Younger
Long & Foster REALTORS
Buyer's Agent
Justin Ellis
Real Broker LLC
List Price
$250,000
Sold Price
$239,500
Premium/Discount to List
-$10,500
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$200,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 8, 2016
Sold by
Catasti Paolo
Bought by
Ahonen Samuel J
Seller's Agent
Melissa Savenko
Long & Foster REALTORS
Buyer's Agent
Allison Charles Oliver
Coach House Realty LLC
List Price
$199,900
Sold Price
$207,000
Premium/Discount to List
$7,100
3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$196,650
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2012
Sold by
Tucker Sean P
Bought by
Catasti Paolo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2006
Sold by
Seventeen One Summit Ave
Bought by
Tucker Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,900
Interest Rate
6.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Johnson Gary S $279,000 Attorney
Mcdowell Elliott H $239,500 Fidelity National Title
Ahonen Samuel J $207,000 Attorney
Catasti Paolo $137,000 --
Tucker Sean $219,950 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Johnson Gary S $264,000
Previous Owner Mcdowell Elliott H $200,000
Previous Owner Ahonen Samuel J $196,650
Previous Owner Catasti Paolo $123,300
Previous Owner Tucker Sean $175,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2019 06/04/19 Sold $279,000 0.0% $263 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $279,000 0.0% $263 / Sq Ft
04/24/2019 04/24/19 Off Market $279,000 -- --
04/03/2019 04/03/19 For Sale $275,000 +14.8% $259 / Sq Ft
04/16/2018 04/16/18 Sold $239,500 -4.2% $226 / Sq Ft View Prior Sale
03/16/2018 03/16/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $250,000 +20.8% $235 / Sq Ft
07/08/2016 07/08/16 Sold $207,000 +3.6% $195 / Sq Ft View Prior Sale
05/24/2016 05/24/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $199,900 -- $188 / Sq Ft
Source: Central Virginia Regional MLS

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
2026 $3,708 $334,000 $55,000 $279,000
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
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

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Map

Source: Central Virginia Regional MLS

MLS Number: 1910192

Central Virginia Regional MLS

APN: N000-1599-040

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