NOT LISTED FOR SALE

407 S Cherry St Unit 301 Richmond, VA 23220

Oregon Hill Neighborhood

Estimated Value: $384,397 - $446,000

2 Beds
2 Baths
1,330 Sq Ft
$270/mo HOA Fee

Last Sold February 25, 2022

Last sale price $339,000 $255 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,717/month

134 Days on Market

Highlights

  • Newly Remodeled
  • City View
  • High Ceiling
  • Open High School Rated A+
  • Wood Flooring
  • 2-minute walk to Pleasants Park

About This Home

As of February 2022

Last opportunity for purchase in the building and the final top floor corner unit with exposed beam and massive ceiling height! Enjoy modern loft style living at its finest in Richmond’s historic Oregon Hill neighborhood! As a completely renovated factory building, Victory Lofts seamlessly blends unique warehouse character details like massive windows, exposed brick and high ceilings with clean modern finishes and the low-maintenance lifestyle that only condo ownership can afford. Accessibility is a hallmark of these ideally located flats with quick and easy access to the James River, Brown's Island, the T-Pot Bridge, VCU, Hollywood Cemetery, and several of Richmond's most awarded restaurants and cafes. Victory Lofts spectacular location is a true urban oasis where the ease of city leaving meets the tranquil natural beauty of this tucked away niche neighborhood surrounded by parks and the James River.

Last Agent to Sell the Property

Patrick Sullivan

Samson Properties License #0225206165 Listed on: 09/10/2021

Samson Properties

Last Buyer's Agent

Donna Ransone

Long & Foster REALTORS License #0225208400

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1890 | Newly Remodeled

Lot Details

  • 1,329

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • City Views
  • Dryer

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Walking Distance to Water

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater

Community Details

  • Common Area
  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number W000-0167-063

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,240

Year Built

Built in 1890 | Newly Remodeled

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1890
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0305
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings
  • Living Area: 1330.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront Features: Walk to Water
  • Waterfront: No
  • Construction Type: Brick, Block
  • Foundation Details: Slab
  • Property Condition: New Construction

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0167-063
  • Zoning Description: R-7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3240.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Poole Isabel Rutledge $254,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $339,000 0.0% $255 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $339,000 0.0% $255 / Sq Ft
01/21/2022 01/21/22 For Sale $339,000 0.0% $255 / Sq Ft
11/22/2021 11/22/21 Off Market $339,000 -- --
11/09/2021 11/09/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $324,500 -- $244 / 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 $3,240 $270,000 $50,000 $220,000
2024 $3,240 $270,000 $50,000 $220,000
2023 $3,240 $270,000 $50,000 $220,000
2022 $3,240 $270,000 $50,000 $220,000
2021 -- $270,000 $50,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2128009

Central Virginia Regional MLS

APN: W000-0167-063