$120,000
SOLD APR 15, 2025

3516 E Richmond Rd Unit U20 Richmond, VA 23223

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

Recently Sold

$154 Per Sq Ft

5% Below List Price

175 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Community Playground
  • Open High School Rated A+
  • Cooling Available
  • Park

About This Home

As of April 2025

Wonderful 2 bed unit with NEW Heat Pump 9/2024, NEW hot water heater 2023, Newer full size LG washer/dryer combo, New carpet and freshly painted throughout! This unit is move-in ready!!! There is no limit to how many units can be rentals in this community which makes this a great opportunity for investors! Kitchen has abundant cabinets and counter space and is fully equipped with Range, Mircowave, Refrigerator, Dishwasher and double bowl stainless sink! The association amenities include: assigned parking space, trash and snow removal, picnic area, fenced dog park, playground, car washing station, yard and common area maintenance. This is a great and quiet location with in the community it faces the woods behind the playground

Last Agent to Sell the Property

Beth Goldsmith

Long & Foster REALTORS Brokerage Phone: (804) 937-3991 License #0225155503 Listed on: 10/04/2024

Long & Foster REALTORS

Last Buyer's Agent

Cathy Grubbs

The Hogan Group Real Estate License #0225230311

The Hogan Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1966

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 780 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

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 E000-1763-081

Community Details

Overview

  • Villas Of Oakwood South Subdivision

Recreation

  • Community Playground
  • Park

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,080

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: (804) 937-3991
  • Lot Size Acres: 0.017
  • Ownership: Individuals
  • Subdivision Name: Villas Of Oakwood South
  • Above Grade Finished Sq Ft: 780.0
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Living Area: 780.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Playground, Park, Public Transportation
  • Amenities: Landscaping
  • Association Fee: 121.86
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1763-081
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1080.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Apr 10, 2025
Sold by
Ake Partners Llc
Bought by
Kelly Timothy and Kelly Maureen
Seller's Agent
Beth Goldsmith
Long & Foster REALTORS
Buyer's Agent
Cathy Grubbs
The Hogan Group Real Estate
List Price
$126,900
Sold Price
$120,000
Premium/Discount to List
-$6,900
-5.44%
Views
686
Current Estimated Value
$118,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,002
Avg. Annual Appreciation
-4.13%
Original Mortgage
$84,000
Outstanding Balance
$84,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$34,094

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jun 6, 2019
Sold by
Mosbey Llc
Bought by
Ake Partners Llc
Seller's Agent
Dawn Sclater
Sunshine Realty Group LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$58,000
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Original Mortgage
$560,000
Interest Rate
4.1%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $120,000 Fidelity National Title
Warranty Deed $716,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,000 New Conventional
Previous Owner $560,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $120,000 -5.4% $154 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $126,900 0.0% $163 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
10/04/2024 10/04/24 For Sale $126,900 +118.8% $163 / Sq Ft
06/12/2019 06/12/19 Sold $58,000 0.0% $74 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $58,000 -- $74 / 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 $816 $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: 2426158

Central Virginia Regional MLS

APN: E000-1763-081