NOT LISTED FOR SALE

407 S Cherry St Unit 304 Richmond, VA 23220

Oregon Hill Neighborhood

Estimated Value: $398,000 - $469,000

2 Beds
2 Baths
1,461 Sq Ft
$288/mo HOA Fee

Last Sold February 25, 2021

Last sale price $318,000 $218 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,888/month

159 Days on Market

Highlights

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

About This Home

As of February 2021

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. Some photos of furnished model.

Last Agent to Sell the Property

Patrick Sullivan

Samson Properties License #0225206165 Listed on: 08/13/2020

Samson Properties

Last Buyer's Agent

Scott Garnett

Samson Properties License #0225071530

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,540

Year Built

  • Built in 1890 | Newly Remodeled

Lot Details

  • 1,437

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,461 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Dining Area

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Common Area
  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number W0000167066

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,540

Year Built

Built in 1890 | Newly Remodeled

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1890
  • Property Attached Yn: Yes
  • 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: Renovated
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Beamed Ceilings, Dining Area, Granite Counters, High Ceilings, Bath in Primary Bedroom
  • Living Area: 1461.0
  • Stories: 1
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Flat
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Property Condition: New Construction

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, 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, Home Owners Association
  • Association Fee: 288.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W0000167066
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Feb 23, 2021
Sold by
Victory Apartments Llc
Bought by
Detmer Carolyn Rose
Seller's Agent
Patrick Sullivan
Samson Properties
Buyer's Agent
Scott Garnett
Samson Properties
List Price
$329,950
Sold Price
$318,000
Premium/Discount to List
-$11,950
-3.62%
Current Estimated Value
$426,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,347
Avg. Annual Appreciation
5.97%
Original Mortgage
$268,000
Outstanding Balance
$242,957
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$170,547
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
Detmer Carolyn Rose $318,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detmer Carolyn Rose $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $318,000 -3.6% $218 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
08/13/2020 08/13/20 For Sale $329,950 -- $226 / 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 $3,540 $295,000 $50,000 $245,000
2024 $3,540 $295,000 $50,000 $245,000
2023 $3,540 $295,000 $50,000 $245,000
2022 $3,540 $295,000 $50,000 $245,000
2021 -- $295,000 $50,000 $245,000
Source: Public Records

Agents Affiliated with this Home

  • Patrick Sullivan

    Seller's Agent in 2021

    Patrick Sullivan

    Samson Properties

    (804) 397-5078

    9 in this area

    90 Total Sales

    Patrick Sullivan
    Section Image
  • Scott Garnett

    Buyer's Agent in 2021

    Scott Garnett

    Samson Properties

    (804) 938-3418

    1 in this area

    81 Total Sales

    Scott Garnett
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2024489

Central Virginia Regional MLS

APN: W000-0167-066

Virginia Richmond City County Richmond 23220 Oregon Hill

407 S Cherry St Unit 304, Richmond, VA

This home is located at 407 S Cherry St Unit 304, Richmond, VA 23220 since 13 August 2020 and is currently estimated at $426,347, approximately $291 per square foot. This property was built in 1890. 407 S Cherry St Unit 304 is a home located in Richmond City with nearby schools including Dogwood Middle School, Open High School, and Thomas Jefferson 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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