NOT LISTED FOR SALE

3530 E Richmond Rd Unit U21 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $120,000 - $137,000

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

Last Sold March 03, 2023

Last sale price $107,000 $137 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $922/month

20 Days on Market

Highlights

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

About This Home

As of March 2023

If you are looking for a great investment property this is it! This is a 2 bedroom 1 bath condo that is currently rented. Please allow 24 hours’ notice for showings.

The complex has assigned parking, a picnic area, a dog park, mail stations, a car wash, a playground and a refuse station.

The unit is minutes from schools, shopping, highways and is on the GRTC bus line.

Last Agent to Sell the Property

Dawn Sclater

Sunshine Realty Group LLC Brokerage Email: dawn.sclater@gmail.com License #0225185466 Listed on: 01/18/2023

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $792

Year Built

  • Built in 1966

Lot Details

  • 693

HOA Fees

  • $122 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 780 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Washer Hookup

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Front Porch
  • Stoop

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Additional Features

  • Landscaped
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number E000-1763-330

Community Details

Overview

  • Villas Of Oakwood South Subdivision

Recreation

  • Community Playground
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$792

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: 0.0159
  • Ownership: Corporate,Individuals
  • Subdivision Name: Villas Of Oakwood South
  • Architectural Style: Colonial, 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
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Laminate Counters
  • Living Area: 780.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Landscaped
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Stoop
  • 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: Home Owners Association, Playground, 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: E000-1763-330
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 792.0
  • Tax Lot: 0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Managed Property Enterprises Llc
Bought by
Soaring Stars Llc
Current Estimated Value
$128,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,640
Outstanding Balance
$121,782
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$7,088

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 27, 2023
Sold by
Voa Investors Llc
Bought by
Managed Property Enterprises Llc
Seller's Agent
Dawn Sclater
Sunshine Realty Group LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$105,000
Sold Price
$107,000
Premium/Discount to List
$2,000
1.9%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Dec 12, 2019
Sold by
3530 E Richmond Road Unit 21 Llc
Bought by
Voa Investors Llc

Purchase Details

Closed on
Jan 23, 2019
Sold by
Gilchrist Stuart Gray and Gilchrist Emily R
Bought by
3530 E Richmond Road Unit 21 Llc

Purchase Details

Closed on
Oct 31, 2018
Sold by
Mosbey Llc
Bought by
Gilchrist Stuart Gray and Gilchrist Emily R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,600
Interest Rate
4.7%
Mortgage Type
New Conventional
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
Soaring Stars Llc $130,440 Old Republic National Title In
Managed Property Enterprises Llc $107,000 --
Voa Investors Llc -- None Available
3530 E Richmond Road Unit 21 Llc -- None Available
Gilchrist Stuart Gray $53,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soaring Stars Llc $122,640
Previous Owner Gilchrist Stuart Gray $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $107,000 +1.9% $137 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $105,000 -1.9% $135 / Sq Ft
01/28/2023 01/28/23 Off Market $107,000 -- --
01/19/2023 01/19/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $99,000 -- $127 / 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 $636 $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: 2301299

Central Virginia Regional MLS

APN: E000-1763-330