NOT LISTED FOR SALE

3516 E Richmond Rd Unit 14 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $105,000 - $121,000

2 Beds
1 Bath
760 Sq Ft
741 Sq Ft Lot

Last Sold April 24, 2012

Last sale price $35,500 $47 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $712/month

About This Home

As of April 2012

Wonderful updated condo in the Villas of Oakwood South. Come home to this two bedroom 1 bath condo. Updated kitchen, conveninet to the city. Come check this one out today. This is a Fannie Mae Homepath property, purchase this property for as little as 3% down. This property approved for HomePath Mortgage Financing and approved for HomePath Renovation Mortgage Financing - visit www.homepath.com for more information.

Last Agent to Sell the Property

Blakely Smith

Hometown Realty License #0225105427 Listed on: 01/10/2012

Hometown Realty

Last Buyer's Agent

Paul Gee

Long & Foster REALTORS License #0225033505

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,224

Year Built

  • 1966

Lot Details

  • 741

Home Design

  • Composition Roof

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number E0001763075

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,224

Year Built

1966

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 46.71
  • Finished Sq Ft: 760
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1966

Interior Features

  • Number of Rooms: 4
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Attic: Access Panel
  • Number Of Levels: 2.00

Exterior Features

  • Roof: Composition
  • Siding: Brick, Vinyl

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Fee Information

  • Fee: 87.55
  • Fee Period: Monthly

Schools

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

Lot Info

  • Zoning: R-53 Multi Family
  • Parcel Number: E0001763075

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Apr 23, 2012
Sold by
Federal National Mortgage Association
Bought by
Tormey Patrick
Seller's Agent
Blakely Smith
Hometown Realty
Buyer's Agent
Paul Gee
Long & Foster REALTORS
List Price
$69,900
Sold Price
$35,500
Premium/Discount to List
-$34,400
-49.21%
Current Estimated Value
$114,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,988
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Belk Matthew G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 24, 2008
Sold by
Mosbey L L C
Bought by
Belk Matthew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,688
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Tormey Patrick $35,500 --
Federal National Mortgage Association $84,512 --
Belk Matthew G $90,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tormey Patrick $36,000
Previous Owner Belk Matthew G $87,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2012 04/24/12 Sold $35,500 -49.2% $47 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $69,900 -- $92 / 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 $696 $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

  • Blakely Smith

    Seller's Agent in 2012

    Blakely Smith

    Hometown Realty

    (804) 387-4300

    217 Total Sales

    Blakely Smith
    Section Image
  • Paul Gee

    Buyer's Agent in 2012

    Paul Gee

    Long & Foster

    (804) 986-5485

    112 Total Sales

    Paul Gee
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1200894

Central Virginia Regional MLS

APN: E000-1763-075

Virginia Richmond City County Richmond 23223 Oakwood

3516 E Richmond Rd Unit 14, Richmond, VA

This home is located at 3516 E Richmond Rd Unit 14, Richmond, VA 23223 since 10 January 2012 and is currently estimated at $114,488, approximately $150 per square foot. This property was built in 1966. 3516 E Richmond Rd Unit 14 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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