NOT LISTED FOR SALE

3516 E Richmond Rd Unit 12 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $107,192 - $122,000

2 Beds
1 Bath
760 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $79,500 $105 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $831/month

2 Days on Market

Highlights

  • Rowhouse Architecture
  • Cooling Available
  • Heat Pump System
  • Open High School Rated A+
  • Carpet

About This Home

As of May 2022

Wonderful investment opportunity in charming community of the Villas at Oakwood! This leased two bedroom townhome is in a great location on the bus line with easy access to I-64 and I-95. The community amenities include a playground, dog park, picnic area, and car wash area. HOA covers yard maintenance, trash removal, snow removal, and exterior maintenance.

Last Agent to Sell the Property

Mollie B. Benedict

Rashkind Saunders & Co. License #0225078487 Listed on: 04/20/2022

Last Buyer's Agent

Jeff Paris

Monument Realty Group LLC License #0225048801

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $696

Year Built

  • Built in 1966

Lot Details

  • 741

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 760 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Open Parking
  • Parking Lot

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Additional Features

  • Stoop
  • 741 Sq Ft Lot

Community Details

  • Villas Of Oakwood South Subdivision

Listing and Financial Details

  • Assessor Parcel Number E000-1763-073

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$696

Year Built

Built in 1966

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1966
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.017
  • Ownership: Individuals
  • Subdivision Name: Villas Of Oakwood South
  • Architectural Style: Row House, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 760.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Parking Lot

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

  • Association Fee: 121.86
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Trash

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1763-073
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 696.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 11, 2022
Sold by
C & O Investment Properties Llc
Bought by
Nw Pacific Investments Llc
Seller's Agent
Mollie B. Benedict
Rashkind Saunders & Co.
Buyer's Agent
Jeff Paris
Monument Realty Group LLC
List Price
$74,900
Sold Price
$79,500
Premium/Discount to List
$4,600
6.14%
Current Estimated Value
$112,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,798
Avg. Annual Appreciation
10.23%

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 6, 2022
Sold by
C & O Investment Properties Llc
Bought by
Nw Pacific Investments Llc
Seller's Agent
Mollie B. Benedict
Rashkind Saunders & Co.
Buyer's Agent
Jeff Paris
Monument Realty Group LLC
List Price
$74,900
Sold Price
$79,500
Premium/Discount to List
$4,600
6.14%

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 5, 2022
Sold by
Hewitt Joshua T and Hewitt Andrea P
Bought by
C & O Investment Properties Llc
Seller's Agent
Mollie B. Benedict
Rashkind Saunders & Co.
Buyer's Agent
Jeff Paris
Monument Realty Group LLC
List Price
$74,900
Sold Price
$79,500
Premium/Discount to List
$4,600
6.14%

Purchase Details

Closed on
May 7, 2018
Sold by
Mosbey Llc A Virginia Limited Liability
Bought by
Hewitt Joshua T and Hewitt Andrea P
Source: Public Records

Range of Values:

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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
Nw Pacific Investments Llc -- New Title Company Name
Nw Pacific Investments Llc -- New Title Company Name
C & O Investment Properties Llc $79,500 First American Title
Hewitt Joshua T $50,000 First Title & Escrow Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $79,500 +6.1% $105 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $74,900 -- $99 / 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 $1,224 $102,000 $14,000 $88,000
2024 $1,080 $90,000 $14,000 $76,000
2023 $924 $77,000 $14,000 $63,000
2022 $816 $68,000 $14,000 $54,000
2021 $660 $58,000 $14,000 $44,000
2020 $660 $55,000 $12,000 $43,000
2019 $348 $58,000 $15,000 $43,000
2018 $696 $58,000 $15,000 $43,000
2017 $876 $73,000 $15,000 $58,000
2016 $772 $73,000 $15,000 $58,000
2015 $575 $74,000 $15,000 $59,000
2014 $575 $74,000 $15,000 $59,000
Source: Public Records

Agents Affiliated with this Home

  • Mollie B. Benedict

    Seller's Agent in 2022

    Mollie B. Benedict

    Rashkind Saunders & Co.

    (804) 244-1114

    2 in this area

    75 Total Sales

    Mollie B. Benedict
    Section Image

  • J

    Buyer's Agent in 2022

    Jeff Paris

    Monument Realty Group LLC

    (804) 641-4110

    13 in this area

    68 Total Sales

    Jeff Paris
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2200882

Central Virginia Regional MLS

APN: E000-1763-073

Virginia Richmond City County Richmond 23223 Oakwood

3516 E Richmond Rd Unit 12, Richmond, VA

This home is located at 3516 E Richmond Rd Unit 12, Richmond, VA 23223 since 20 April 2022 and is currently estimated at $112,298, approximately $147 per square foot. This property was built in 1966. 3516 E Richmond Rd Unit 12 is a home located in Richmond City with nearby schools including Chimborazo Elementary School, Martin Luther King Jr. Middle School, and Armstrong 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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