NOT LISTED FOR SALE

3510 E Richmond Rd Unit 26 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $95,000 - $113,000

1 Bed
1 Bath
560 Sq Ft
$121/mo HOA Fee

Last Sold March 20, 2024

Last sale price $97,800 $175 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $793/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Cooling Available
  • Open High School Rated A+
  • Main Floor Primary Bedroom
  • Community Playground

About This Home

As of March 2024

Hard to fine 1 level living! NEW HVAC Summer of 2023! Easy maintenance free community, LG wash/dryer combo. UNDER 100,000! Great rental investment as well, lots of people need a small place just like this!

Last Agent to Sell the Property

Beth Goldsmith

Long & Foster REALTORS Brokerage Phone: (804) 937-3991 License #0225155503 Listed on: 01/09/2024

Long & Foster REALTORS

Last Buyer's Agent

Russell Johnson

UR Realty License #0225234098

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $792

Year Built

  • Built in 1966

Lot Details

  • 523

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Colonial Architecture
  • Patio Home
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Location

  • Property is near public transit

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number E000-1763-033

Community Details

Overview

  • Villas Of Oakwood South Subdivision
  • Maintained Community

Amenities

  • Common Area

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$792

Year Built

Built in 1966

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1966
  • Property Attached Yn: Yes
  • Attribution Contact: (804) 937-3991
  • Lot Size Acres: 0.012
  • Ownership: Partnership
  • Subdivision Name: Villas Of Oakwood South
  • Above Grade Finished Sq Ft: 560.0
  • Architectural Style: Colonial, Patio Home
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Appliances: Electric Water Heater, Disposal
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 560.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Maintained Community, Playground, Park, Public Transportation
  • Amenities: Management
  • Association Fee: 121.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Trash

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1763-033
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 792.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 14, 2024
Sold by
Ake Partners Llc
Bought by
Uncle Russell Llc
Seller's Agent
Beth Goldsmith
Long & Foster REALTORS
Buyer's Agent
Russell Johnson
UR Realty
List Price
$99,945
Sold Price
$97,800
Premium/Discount to List
-$2,145
-2.15%
Views
372
Current Estimated Value
$106,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,176
Avg. Annual Appreciation
7.18%
Original Mortgage
$80,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2019
Sold by
Mosbey Llc
Bought by
Ake Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.1%
Mortgage Type
Commercial
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
Uncle Russell Llc $97,800 Best Title And Settlements Llc
Ake Partners Llc $716,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Uncle Russell Llc $80,000
Previous Owner Ake Partners Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $97,800 -2.1% $175 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $99,945 -- $178 / 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 $1,044 $87,000 $14,000 $73,000
2024 $924 $77,000 $14,000 $63,000
2023 $792 $66,000 $14,000 $52,000
2022 $708 $59,000 $14,000 $45,000
2021 $576 $50,000 $14,000 $36,000
2020 $576 $48,000 $10,000 $38,000
2019 $612 $51,000 $15,000 $36,000
2018 $612 $51,000 $15,000 $36,000
2017 $744 $62,000 $15,000 $47,000
2016 $667 $62,000 $15,000 $47,000
2015 $633 $72,000 $15,000 $57,000
2014 $633 $72,000 $15,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2400745

Central Virginia Regional MLS

APN: E000-1763-033