NOT LISTED FOR SALE

3518 E Richmond Rd Unit 2 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $107,000 - $130,000

2 Beds
1 Bath
760 Sq Ft
741 Sq Ft Lot

Sale Details

Date Sold: March 8, 2023

Last sale price $122,000 $161 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $882 / mo

8 Days on Market

Highlights

  • Central Air
  • Open High School Rated A+
  • Heat Pump System

About This Home

As of March 2023

Welcome to 3518 East Richmond Road Unit 2 located at The Villas Of Oakwood South. This lovely updated 2 bedroom 1 bathroom condo could be perfect for first-time homebuyers or investors looking for a maintenance-free rental. Upon entering you are greeted by the bright open living room featuring LVP flooring. Also on the first floor is the galley-style kitchen with plenty of counter space to create wonderful home-cooked meals and treats. On the second floor, you will find both generously sized bedrooms and bathroom. Don't miss the opportunity to live just minutes from Church Hill and White Oak Village! Pictures Coming Soon

Last Agent to Sell the Property

Katelyn Ralston

FREI/United Real Estate Premier Inc License #0225240199 Listed on: 01/30/2023

FREI/United Real Estate Premier Inc

Last Buyer's Agent

Corey Willis

The Hogan Group Real Estate License #0225254858

The Hogan Group Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $816

Year Built

  • Built in 1966

Lot Details

  • 741

HOA Fees

  • $123 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 760 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Villas Of Oakwood South Subdivision

Listing and Financial Details

  • Assessor Parcel Number E000-1763-087

Property Details

Home Type

Condominium

Est. Annual Taxes

$816

Year Built

Built in 1966

Lot Details

741 Sq Ft Lot

HOA Fees

$123 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: 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

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 760.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Vinyl Siding
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 122.86
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1763-087
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 4, 2023
Sold by
Bought by
Seller's Agent
Katelyn Ralston
FREI/United Real Estate Premier Inc
Buyer's Agent
Corey Willis
The Hogan Group Real Estate
List Price
$125,000
Sold Price
$122,000
Premium/Discount to List
-$3,000
-2.4%
Views
61
Current Estimated Value
$120,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,462
Avg. Annual Appreciation
-0.36%

Purchase Details

Listed on
Oct 5, 2022
Closed on
Oct 26, 2022
Sold by
Bought by
Seller's Agent
Ethan Oates
CapCenter
Buyer's Agent
Nicholas Thurman
CapCenter
List Price
$109,950
Sold Price
$105,000
Premium/Discount to List
-$4,950
-4.5%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.72%

Purchase Details

Closed on
Apr 24, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,880
Interest Rate
0.0599%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$122,000 Fidelity National Title
$105,000 Fidelity National Title
$90,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $79,345
Previous Owner $85,880
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2023 03/08/23 Sold $122,000 -2.4% $161 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $125,000 +19.0% $164 / Sq Ft
10/28/2022 10/28/22 Sold $105,000 -4.5% $138 / Sq Ft View Prior Sale
10/08/2022 10/08/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $109,950 -- $145 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,224 $102,000 $14,000 $88,000
2025 $1,080 $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
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

  • Katelyn Ralston

    Seller's Agent in 2023

    Katelyn Ralston

    FREI/United Real Estate Premier Inc

    (804) 519-9424

    2 in this area

    23 Total Sales

    Katelyn Ralston
    Section Image
  • Corey Willis

    Buyer's Agent in 2023

    Corey Willis

    The Hogan Group Real Estate

    (804) 252-2136

    1 in this area

    41 Total Sales

    Corey Willis
    Section Image
  • Ethan Oates

    Seller's Agent in 2022

    Ethan Oates

    CapCenter

    (804) 662-0287

    3 in this area

    186 Total Sales

    Ethan Oates
    Section Image
  • Stephany Lopez

    Seller Co-Listing Agent in 2022

    Stephany Lopez

    CapCenter

    (804) 836-5401

    1 in this area

    140 Total Sales

    Stephany Lopez
    Section Image

  • N

    Buyer's Agent in 2022

    Nicholas Thurman

    CapCenter

    (804) 944-9123

    1 in this area

    144 Total Sales

    Nicholas Thurman
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2302179

Central Virginia Regional MLS

APN: E000-1763-087

Virginia Richmond City County Richmond 23223 Oakwood

3518 E Richmond Rd Unit 2, Richmond, VA

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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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