NOT LISTED FOR SALE

501 N Arthur Ashe Blvd Unit U9 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $271,000 - $313,000

2 Beds
1 Bath
713 Sq Ft
$317/mo HOA Fee

Last Sold May 08, 2020

Last sale price $210,000 $295 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,138/month

13 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Granite Countertops
  • Open High School Rated A+
  • High Ceiling
  • Window Unit Cooling System

About This Home

As of May 2020

This condo is ready to a plug-and-play property! Even the furniture can be purchased! Perfect for a VCU student, parent, faculty or staff. Gorgeous views of the Virginia Historical Society museum and a stone's throw from the VMFA. This is a very popular building with a solid history of always being in demand. Solid construction and low utility costs - the only one owners have to pay is electricity! Heat, water, sewer, trash and gas are all included in HOA. The condo enjoys the safety of being up on the second level, and is much easier to walk up (think grocery hauling!) to than third level. Hardwood floors help to make this space feel light and spacious. The updated kitchen offers solid wood cabinets, granite countertops, floating shelves and an in-unit washer-dryer. Open up the back door for fresh air AND right at the bottom of the stairs is the basement access, with TWO dedicated 8' x 8' lockers for storage - perfect for bikes, snow gear, or storage totes. Both bedrooms have adjacent access to the jack and jill bathroom with fresh white paint and fill tile shower surround.

Last Agent to Sell the Property

Alexis Thompson

River Fox Realty LLC License #0225215948 Listed on: 03/23/2020

Last Buyer's Agent

Alexandra Leigh

River Fox Realty LLC License #0225230807

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 1928 | Remodeled

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Spanish Architecture
  • Tile Roof
  • Plaster
  • Stucco

Interior Spaces

  • 713 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Partial Basement
  • Home Security System
  • Stacked Washer and Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Fox Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-1207-038

Community Details

Overview

  • Tuscan Villas Condominiums Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,160

Year Built

Built in 1928 | Remodeled

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Tuscan Villas Condominiums
  • Architectural Style: Spanish/Mediterranean
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Partial
  • Appliances: Washer/Dryer Stacked, Dishwasher, Gas Cooking, Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings
  • Living Area: 713.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tile
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Concrete, Plaster, Stucco
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Natural Gas, Radiator(s)
  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association
  • Association Fee: 317.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Gas, Heat, Hot Water, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1207-038
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2160.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Apr 28, 2020
Sold by
Major Robert P and Lambert Deborah L
Bought by
Spoon Richard G
Seller's Agent
Alexis Thompson
River Fox Realty LLC
Buyer's Agent
Alexandra Leigh
River Fox Realty LLC
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$296,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,675
Avg. Annual Appreciation
6.60%
Original Mortgage
$214,830
Outstanding Balance
$191,079
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$105,596

Purchase Details

Closed on
Aug 31, 2001
Sold by
Nottingham Jeffrey H
Bought by
Cooper Wiley H and Cooper Julia G
Source: Public Records

Range of Values:

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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
Spoon Richard G $210,000 Attorney
Cooper Wiley H $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spoon Richard G $214,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $210,000 0.0% $295 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $210,000 -- $295 / 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 $2,976 $248,000 $40,000 $208,000
2024 $2,976 $248,000 $40,000 $208,000
2023 $2,688 $224,000 $40,000 $184,000
2022 $2,448 $204,000 $40,000 $164,000
2021 $2,292 $204,000 $40,000 $164,000
2020 $2,292 $191,000 $40,000 $151,000
2019 $2,160 $180,000 $35,000 $145,000
2018 $2,004 $167,000 $35,000 $132,000
2017 $1,932 $161,000 $35,000 $126,000
2016 $1,908 $159,000 $35,000 $124,000
2015 $1,500 $144,000 $35,000 $109,000
2014 $1,500 $125,000 $35,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Alexis Thompson

    Seller's Agent in 2020

    Alexis Thompson

    River Fox Realty LLC

    (804) 627-3803

    5 in this area

    202 Total Sales

    Alexis Thompson
    Section Image
  • Alexandra Leigh

    Buyer's Agent in 2020

    Alexandra Leigh

    River Fox Realty LLC

    (804) 519-5517

    3 in this area

    88 Total Sales

    Alexandra Leigh
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2008913

Central Virginia Regional MLS

APN: W000-1207-038

Virginia Richmond City County Richmond 23220 The Fan

501 N Arthur Ashe Blvd Unit U9, Richmond, VA

This home is located at 501 N Arthur Ashe Blvd Unit U9, Richmond, VA 23220 since 23 March 2020 and is currently estimated at $296,675, approximately $416 per square foot. This property was built in 1928. 501 N Arthur Ashe Blvd Unit U9 is a home located in Richmond City with nearby schools including Dogwood Middle School, Thomas Jefferson High School, and Open 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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