NOT LISTED FOR SALE

3518 E Richmond Rd Unit 10 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $114,000 - $131,639

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

Last Sold February 05, 2024

Last sale price $127,500 $168 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $882/month

30 Days on Market

Highlights

  • Colonial Architecture
  • Granite Countertops
  • Community Playground
  • Open High School Rated A+
  • Cooling Available
  • Park

About This Home

As of February 2024

Wonderful 2 BEDROOM maintenance free condo with new laminate floors on main level. Updated Kitchen with white cabinets and Granite countertops, New double bowl stainless sink and faucet! The entire unit has been freshly painted, HEAT PUMP WAS NEW 4/23, Newer LG Full Size Wash/Dryer unit, carpet is is good condition and entire unit is rental ready, with a full price offer seller will install New Carpet and buyer can choose color! Conveniently located close to downtown between Church Hill and Rockets Landing- close to James River, parks, shopping, the Capital Trail, breweries and great restaurants! The Villas offers a large playground, picnic pavilion,2 fenced dog parks! Looking for the perfect investment with positive cash flow-here it is!

Last Agent to Sell the Property

Beth Goldsmith

Long & Foster REALTORS Brokerage Phone: (804) 937-3991 License #0225155503 Listed on: 12/08/2023

Long & Foster REALTORS

Last Buyer's Agent

Deshanda Richardson

Fathom Realty Virginia License #0225266935

Fathom Realty Virginia

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $924

Year Built

  • Built in 1966

Lot Details

  • Street terminates at a dead end

HOA Fees

  • $122 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

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

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Partially Carpeted
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number E000-1763-095

Community Details

Overview

  • Villas Of Oakwood South Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$924

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: Partnership
  • Subdivision Name: Villas Of Oakwood South
  • Above Grade Finished Sq Ft: 760.0
  • 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: Laminate, Linoleum, Partially Carpeted
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Cable TV
  • Living Area: 760.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Dead End, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Other, Vinyl Siding
  • 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, Playground, Park
  • Amenities: Management
  • 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: E000-1763-095
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 924.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 26, 2024
Sold by
Ake Partners Llc
Bought by
Shotime Llc
Seller's Agent
Beth Goldsmith
Long & Foster REALTORS
Buyer's Agent
Deshanda Richardson
Fathom Realty Virginia
List Price
$132,950
Sold Price
$127,500
Premium/Discount to List
-$5,450
-4.1%
Views
512
Current Estimated Value
$120,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,292
Avg. Annual Appreciation
-4.01%
Original Mortgage
$89,250
Outstanding Balance
$88,104
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$31,757

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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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
Shotime Llc $127,500 First American Title
Ake Partners Llc $716,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shotime Llc $89,250
Previous Owner Ake Partners Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $127,500 -4.1% $168 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/09/2023 12/09/23 For Sale $132,950 -- $175 / 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

  • Beth Goldsmith

    Seller's Agent in 2024

    Beth Goldsmith

    Long & Foster

    (804) 937-3991

    7 in this area

    115 Total Sales

    Section Image

  • D

    Buyer's Agent in 2024

    Deshanda Richardson

    Fathom Realty Virginia

    (804) 248-2893

    1 in this area

    3 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2329167

Central Virginia Regional MLS

APN: E000-1763-095

Virginia Richmond City County Richmond 23223 Oakwood

3518 E Richmond Rd Unit 10, Richmond, VA

This home is located at 3518 E Richmond Rd Unit 10, Richmond, VA 23223 since 08 December 2023 and is currently estimated at $123,160, approximately $162 per square foot. This property was built in 1966. 3518 E Richmond Rd Unit 10 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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