NOT LISTED FOR SALE

3516 E Richmond Rd Unit 16 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $113,000 - $122,000

2 Beds
1 Bath
780 Sq Ft
$122/mo HOA Fee

Last Sold March 10, 2023

Last sale price $105,000 $135 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $865/month

86 Days on Market

Highlights

  • Property is near public transit
  • Thermal Windows
  • Park
  • Open High School Rated A+
  • Front Porch
  • Central Air

About This Home

As of March 2023

Welcome to 3516 U16 E Richmond Road! This adorable condo offers 2 bedrooms and 1 full bath. The condo association will provide a low maintenance home that you’re sure to love. As you enter through front door and see the fresh paint, laminate floors and new carpet you will know this is the home for you. It offers a spacious living room and fully equipped kitchen with an electric range, microwave, refrigerator and dishwasher.

The full bath has a tile surround shower that will provide a spa like experience after a long day.

If this wasn’t enough there is also assigned parking, picnic area, dog park, mail station, car wash, playground and a refuse station.

All of this is just minutes from schools, shopping, highways and is on the GRTC bus line.

Financing is available with 3% down for owner occupants.

Last Agent to Sell the Property

Dawn Sclater

Sunshine Realty Group LLC Brokerage Email: dawn.sclater@gmail.com License #0225185466 Listed on: 10/29/2022

Last Buyer's Agent

Jerry Harlow

Lee Conner Realty & Assoc. LLC License #0225072251

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $816

Year Built

  • Built in 1966

Lot Details

  • 741

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 780 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Insulated Doors
  • Washer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Front Porch
  • Stoop

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number E000-1763-077

Community Details

Overview

  • Villas Of Oakwood South Subdivision

Recreation

  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$816

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
  • Attribution Contact: dawn.sclater@gmail.com
  • Lot Size Acres: 0.017
  • Ownership: Corporate,Individuals
  • Subdivision Name: Villas Of Oakwood South
  • Architectural Style: Two Story
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Living Area: 780.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Stoop, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Driveway, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park, Public Transportation
  • Amenities: Landscaping
  • Association Fee: 121.86
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Maintenance Structure, Road Maintenance, Snow Removal, Trash

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1763-077
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 816.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Feb 27, 2023
Sold by
Voa Investors Llc
Bought by
First Pavilion Partners Llc
Seller's Agent
Dawn Sclater
Sunshine Realty Group LLC
Buyer's Agent
Jerry Harlow
Lee Conner Realty & Assoc. LLC
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Views
168
Current Estimated Value
$117,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,984
Avg. Annual Appreciation
3.07%
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
First Pavilion Partners Llc $105,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $105,000 0.0% $135 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $105,000 +6.1% $135 / Sq Ft
01/04/2023 01/04/23 Price Changed $99,000 -13.9% $127 / Sq Ft
12/01/2022 12/01/22 Price Changed $115,000 -4.2% $147 / Sq Ft
11/16/2022 11/16/22 For Sale $120,000 +14.3% $154 / Sq Ft
11/15/2022 11/15/22 Off Market $105,000 -- --
11/04/2022 11/04/22 For Sale $120,000 0.0% $154 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/29/2022 10/29/22 For Sale $120,000 -- $154 / 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

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Map

Source: Central Virginia Regional MLS

MLS Number: 2229528

Central Virginia Regional MLS

APN: E000-1763-077