501 N Arthur Ashe Blvd Unit U2 Richmond, VA 23220
The Fan Neighborhood
2
Beds
1
Bath
708
Sq Ft
$324/mo
HOA Fee
Highlights
- Wood Flooring
- Spanish Architecture
- Rear Porch
- Open High School Rated A+
- Solid Surface Countertops
- Window Unit Cooling System
About This Home
As of January 2025Here is a great opportunity to own a Mediterranean style, first level condo right across the street from the Virginia Museum of Fine Arts! Welcome home to Tuscan Villas Condominiums with an unbeatable location in the heart of the Fan & Museum Districts!!! Step inside to the beautiful hardwoods that flow throughout the living room and two spacious bedrooms. Very clean and newly refreshed single bathroom that is shared between both bedrooms. Galley kitchen with white cabinetry, updated backsplash, gas stove, pantry and butcher block countertops. Stackable washer/dryer and refrigerator convey. Each unit has dedicated storage space located in basement. This low-maintenance community is supported by two on-site groundskeepers/handymen, ensuring a hassle-free lifestyle for residents. First level unit so very well insulated (seller says electric only runs about $40/month! ; Gas/Heat/Water included in HOA fee)... Truly amazing location walkable to all the best restaurants, shopping, parks, and museums RVA has to offer! Don't miss your chance to be the newest owner in Tuscan Villas!!!
Last Agent to Sell the Property
BHHS PenFed Realty Brokerage Email: agentservices@penfedrealty.com License #0225215757
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,712
Year Built
- Built in 1928
HOA Fees
- $324 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Spanish Architecture
- Tile Roof
- Stucco
Interior Spaces
- 708 Sq Ft Home
- 1-Story Property
- Basement
- Basement Storage
- Stacked Washer and Dryer
Kitchen
- Stove
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Rear Porch
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- Water Heater
Listing and Financial Details
- Assessor Parcel Number W000-1207-031
Community Details
Overview
- Tuscan Villas Condominiums Subdivision
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2024
Closed on
Jan 3, 2025
Sold by
Gray Melissa and Armstrong Melissa Jane
Bought by
Kenny Laurabess
Seller's Agent
Rylan Spear
BHHS PenFed Realty
Buyer's Agent
Brinkley Taliaferro
Shaheen Ruth Martin & Fonville
List Price
$265,000
Sold Price
$265,000
Total Days on Market
7
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,991
Avg. Annual Appreciation
-1.40%
Original Mortgage
$198,750
Outstanding Balance
$198,240
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$65,386
Purchase Details
Listed on
Aug 23, 2022
Closed on
Oct 7, 2022
Sold by
Bishop-Freeman Management Llc
Bought by
Armstrong Melissa Jane
Seller's Agent
Maribeth Lacy
Long & Foster REALTORS
Buyer's Agent
Victoria Brown
Call It Closed International Inc
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$188,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $265,000 | Fidelity National Title | |
| Bargain Sale Deed | $265,000 | Fidelity National Title | |
| Bargain Sale Deed | $235,000 | Westcor Land Title Insurance C |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,750 | New Conventional | |
| Closed | $198,750 | New Conventional | |
| Previous Owner | $188,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | Sold | $265,000 | 0.0% | $374 / Sq Ft |
| 11/30/2024 11/30/24 | Pending | -- | -- | -- |
| 11/23/2024 11/23/24 | For Sale | $265,000 | +12.8% | $374 / Sq Ft |
| 10/12/2022 10/12/22 | Sold | $235,000 | -6.0% | $332 / Sq Ft |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- |
| 08/23/2022 08/23/22 | For Sale | $250,000 | -- | $353 / Sq Ft |
Source: Central Virginia Regional MLS
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 | $2,712 | $226,000 | $40,000 | $186,000 |
| 2024 | $2,712 | $226,000 | $40,000 | $186,000 |
| 2023 | $2,448 | $204,000 | $40,000 | $164,000 |
| 2022 | $2,232 | $186,000 | $40,000 | $146,000 |
| 2021 | $2,088 | $186,000 | $40,000 | $146,000 |
| 2020 | $2,088 | $174,000 | $37,000 | $137,000 |
| 2019 | $1,968 | $164,000 | $35,000 | $129,000 |
| 2018 | $1,824 | $152,000 | $35,000 | $117,000 |
| 2017 | $1,752 | $146,000 | $35,000 | $111,000 |
| 2016 | $1,728 | $144,000 | $35,000 | $109,000 |
| 2015 | $2,341 | $135,000 | $35,000 | $100,000 |
| 2014 | $2,341 | $125,000 | $35,000 | $90,000 |
Source: Public Records
Source: Central Virginia Regional MLS
MLS Number: 2430111
APN: W000-1207-031
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.
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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