NOT LISTED FOR SALE

507 1/2 Arnold Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $392,000 - $408,424

3 Beds
3 Baths
1,663 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $375,000 $225 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,484/month

18 Days on Market

Highlights

  • New Construction
  • Deck
  • Main Floor Primary Bedroom
  • Open High School Rated A+
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2024

NEW CONSTRUCTION in RVA’s trendy Northside! Open, modern living quarters, with a flexible floor plan full of natural light. This home has so much to offer including a 1st floor primary bedroom with an ensuite, laundry room, and a private exit to the deck and backyard. This room would also make a great In-law suite! 9' ceiling on the first level. Beautiful natural oak engineered floors throughout, including in the designer kitchen that features butcher block countertops, high end appliances and a spacious island with a white granite countertop, breakfast-bar overhang, sink and dishwasher. The 2nd floor features a second laundry closet and 2 more spacious (primary) bedrooms, each with their ensuite and closet. Don’t miss this unique home, loaded with upgrades such as Hardieplank siding, fenced rear yard, recessed lighting, dual zone heat pumps, gutters with leaf guards and much, much more!!!

Last Agent to Sell the Property

Eugenia Lockett Reese

Samson Properties Brokerage Email: dsamson@samsonproperties.net License #0225039887 Listed on: 09/01/2024

Samson Properties

Co-Listed By

Scott Salvant

Samson Properties Brokerage Email: dsamson@samsonproperties.net License #0225224429

Last Buyer's Agent

Paul Gee

Long & Foster REALTORS License #0225033505

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 3,916 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R-5

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • HardiePlank Type

Interior Spaces

  • 1,663 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Insulated Doors
  • Wood Flooring
  • Crawl Space
  • Washer Hookup

Kitchen

  • Induction Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Exterior Lighting
  • Front Porch

Schools

  • Barack Obama Elementary School
  • Elkhardt Middle School
  • John Marshall High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Water Heater

Community Details

  • Northside Place Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number N000-1046-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Property Attached Yn: No
  • Attribution Contact: dsamson@samsonproperties.net
  • Lot Size Acres: 0.0899
  • Co List Office Mls Id: SAMP05
  • Co List Office Phone: (804) 353-0009
  • Ownership: Other
  • Subdivision Name: Northside Place
  • Architectural Style: Bungalow, Cottage, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Down Draft, Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Range, Refrigerator, Smooth Cooktop
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Interior Amenities: Beamed Ceilings, Granite Counters, Main Level Primary, Walk-In Closet(s)
  • Living Area: 1663.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Back Yard, Privacy
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Deck, Lighting, Porch
  • Patio And Porch Features: Front Porch, Deck, Porch
  • Property Condition: New Construction

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Elkhardt

Lot Info

  • Topography: Level
  • Parcel Number: N000-1046-026
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 600.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: Barack Obama
  • High School: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Oct 18, 2024
Sold by
Kuc Llc
Bought by
Marra Christine
Seller's Agent
Eugenia Lockett Reese
Samson Properties
Buyer's Agent
Paul Gee
Long & Foster REALTORS
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
27
Current Estimated Value
$397,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,356
Avg. Annual Appreciation
5.46%
Original Mortgage
$356,250
Outstanding Balance
$352,505
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$44,851

Purchase Details

Closed on
Feb 2, 2024
Sold by
Equity Trust Co
Bought by
Kuc Llc

Purchase Details

Closed on
Jan 31, 2024
Sold by
Equity Trust Co
Bought by
Reese Richard W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marra Christine $375,000 Fidelity National Title
Kuc Llc $73,500 Fidelity National Title
Reese Richard W -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marra Christine $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $375,000 -6.3% $225 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/01/2024 09/01/24 For Sale $400,000 -- $241 / 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 $4,680 $390,000 $56,000 $334,000
2024 $600 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Eugenia Lockett Reese

    Seller's Agent in 2024

    Eugenia Lockett Reese

    Samson Properties

    (804) 399-6369

    6 in this area

    36 Total Sales

    Eugenia Lockett Reese
    Section Image
  • Scott Salvant

    Seller Co-Listing Agent in 2024

    Scott Salvant

    Samson Properties

    (804) 402-2854

    3 in this area

    104 Total Sales

    Scott Salvant
    Section Image
  • Paul Gee

    Buyer's Agent in 2024

    Paul Gee

    Long & Foster

    (804) 986-5485

    1 in this area

    106 Total Sales

    Paul Gee
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2423024

Central Virginia Regional MLS

APN: N000-1046-026

Virginia Richmond City County Richmond 23222 Highland Park

507 1/2 Arnold Ave, Richmond, VA

Not Listed for Sale

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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