Seller's Agent in 2020
Patrick Sullivan
Samson Properties
(804) 397-5078
1 in this area
86 Total Sales
501 W 7th St Richmond, VA 23224
Manchester NeighborhoodEstimated Value: $997,019 - $1,525,000
3
Beds
3.5
Baths
3,120
Sq Ft
$383/Sq Ft
Est. Value
Highlights
- River Access
- New Construction
- Deck
- Open High School Rated A+
- Waterfront
- Cathedral Ceiling
About This Home
As of April 2020LAST CHANCE - Final Home! Imagine a life where you can leave your car at home in your attached 2-car garage and still have quick access to all of RVA’s best restaurants, festivals, outdoor activities and culture... a life where you spend warm spring evenings listening to the roar of the James River while relaxing with family and friends on your expansive rooftop deck with the best possible views of the downtown skyline. Life at 7west is decidedly different from anywhere else in Richmond by harmoniously blending the excitement of city life with the peace and tranquility of a near zero-maintenance new home overlooking the riverfront and James River Park system wildlife. The home and lifestyle you’ve always desired is reality at 7west. This upgraded premium corner unit has multiple finish upgrades, additional side windows and an elevator that accesses all floors including the full rooftop deck!!
Last Agent to Sell the Property
Samson Properties License #0225206165 Listed on: 04/02/2019
Last Buyer's Agent
Lauryn Haynie
Samson Properties License #0225241219
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $228
Year Built
- Built in 2019 | New Construction
Lot Details
- 1,590 Sq Ft Lot
- Waterfront
HOA Fees
- $200 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Dry Walled Garage
- Off-Street Parking
Property Views
- Water
- City
Home Design
- Modern Architecture
- Brick Exterior Construction
- Slab Foundation
- Rubber Roof
- Wood Siding
- Metal Siding
Interior Spaces
- 3,120 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- Recessed Lighting
- Thermal Windows
- Sliding Doors
- Home Security System
Kitchen
- Gas Cooktop
- Stove
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
- Instant Hot Water
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
Outdoor Features
- River Access
- Walking Distance to Water
- Deck
- Patio
- Exterior Lighting
- Front Porch
Schools
- Blackwell Elementary School
- Martin Luther King Jr. Middle School
- Armstrong High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Gas Water Heater
Community Details
- Common Area
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number S000-0007-031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2019
Closed on
Apr 2, 2020
Sold by
Trailhead Development Llc
Bought by
Mignardi Luigi and Mignardi Nadine Victoria
Seller's Agent
Patrick Sullivan
Samson Properties
Buyer's Agent
Lauryn Haynie
Samson Properties
List Price
$859,000
Sold Price
$849,950
Premium/Discount to List
-$9,050
-1.05%
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
$345,555
Avg. Annual Appreciation
6.32%
Original Mortgage
$860,000
Outstanding Balance
$761,856
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$433,649
Purchase Details
Closed on
Jun 8, 2016
Sold by
Terry M Douglas and Terry Stephen P
Bought by
Trailhead Development Llc A Virginia Lim
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mignardi Luigi | $849,950 | Attorney | |
| Trailhead Development Llc A Virginia Lim | $925,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mignardi Luigi | $860,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2020 04/03/20 | Sold | $849,950 | 0.0% | $272 / Sq Ft |
| 11/23/2019 11/23/19 | Pending | -- | -- | -- |
| 10/15/2019 10/15/19 | Price Changed | $849,950 | -0.6% | $272 / Sq Ft |
| 09/10/2019 09/10/19 | Price Changed | $854,950 | -0.6% | $274 / Sq Ft |
| 07/12/2019 07/12/19 | Price Changed | $859,950 | +0.1% | $276 / Sq Ft |
| 04/02/2019 04/02/19 | For Sale | $859,000 | -- | $275 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $11,136 | $928,000 | $225,000 | $703,000 |
| 2024 | $11,148 | $929,000 | $225,000 | $704,000 |
| 2023 | $10,740 | $895,000 | $205,000 | $690,000 |
| 2022 | $10,380 | $865,000 | $205,000 | $660,000 |
| 2021 | $10,164 | $866,000 | $160,000 | $706,000 |
| 2020 | $5,082 | $847,000 | $150,000 | $697,000 |
| 2019 | $6,780 | $565,000 | $120,000 | $445,000 |
| 2018 | $228 | $19,000 | $19,000 | $0 |
| 2017 | $228 | $19,000 | $19,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Sullivan
-
Rick Jarvis
Seller Co-Listing Agent in 2020
Rick Jarvis
Samson Properties
(804) 305-7722
3 Total Sales
-
L
Buyer's Agent in 2020
Lauryn Haynie
Samson Properties
Map
Source: Central Virginia Regional MLS
MLS Number: 1910229
APN: S000-0007-031
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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