NOT LISTED FOR SALE

3528 E Richmond Rd Unit U7 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $105,135 - $116,000

2 Beds
1 Bath
780 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $79,500 $102 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $813/month

2 Days on Market

Highlights

  • Rowhouse Architecture
  • Cooling Available
  • Carpet
  • Open High School Rated A+
  • Wood Siding
  • Heat Pump System

About This Home

As of May 2022

Wonderful investment opportunity in charming community of the Villas at Oakwood! This leased two bedroom townhome is in a great location on the bus line with easy access to I-64 and I-95. The community amenities include a playground, dog park, picnic area, and car wash area. HOA covers yard maintenance, trash removal, snow removal, and exterior maintenance.

Last Agent to Sell the Property

Mollie B. Benedict

Rashkind Saunders & Co. License #0225078487 Listed on: 04/20/2022

Last Buyer's Agent

Jeff Paris

Monument Realty Group LLC License #0225048801

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $672

Year Built

  • Built in 1966

Lot Details

  • 693

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 780 Sq Ft Home
  • 2-Story Property
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Additional Features

  • Stoop
  • 693 Sq Ft Lot

Community Details

  • Villas Of Oakwood South Subdivision

Listing and Financial Details

  • Assessor Parcel Number E000-1763-292

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$672

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
  • Lot Size Acres: 0.0159
  • Ownership: Individuals
  • Subdivision Name: Villas Of Oakwood South
  • Architectural Style: Row House, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Laminate Counters
  • Living Area: 780.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

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

  • Association Fee: 121.86
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-1763-292
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 672.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 5, 2022
Sold by
Hewitt Joshua T
Bought by
Nw Pacific Investments Llc
Seller's Agent
Mollie B. Benedict
Rashkind Saunders & Co.
Buyer's Agent
Jeff Paris
Monument Realty Group LLC
List Price
$74,900
Sold Price
$79,500
Premium/Discount to List
$4,600
6.14%
Current Estimated Value
$111,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,034
Avg. Annual Appreciation
9.37%

Purchase Details

Listed on
Jan 18, 2018
Closed on
May 7, 2018
Sold by
Mosbey Llc A Virginia Limited Liability
Bought by
Hewitt Joshua T and Hewitt Andrea P
Seller's Agent
Dawn Sclater
Sunshine Realty Group LLC
Buyer's Agent
Mollie B. Benedict
Rashkind Saunders & Co.
List Price
$52,000
Sold Price
$50,000
Premium/Discount to List
-$2,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Source: Public Records

Range of Values:

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Average Value
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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
Nw Pacific Investments Llc $79,500 First American Title
Hewitt Joshua T $50,000 First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hewitt Joshua T $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $79,500 +6.1% $102 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $74,900 +49.8% $96 / Sq Ft
05/14/2018 05/14/18 Sold $50,000 -3.8% $64 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $52,000 0.0% $67 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $52,000 -- $67 / 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 $1,164 $97,000 $14,000 $83,000
2024 $1,032 $86,000 $14,000 $72,000
2023 $888 $74,000 $14,000 $60,000
2022 $792 $66,000 $14,000 $52,000
2021 $636 $56,000 $14,000 $42,000
2020 $553 $53,000 $11,000 $42,000
2019 $660 $55,000 $15,000 $40,000
2018 $412 $55,000 $15,000 $40,000
2017 $850 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2200872

Central Virginia Regional MLS

APN: E000-1763-292