NOT LISTED FOR SALE

507 Arnold Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $371,000 - $427,000

0.14 Acre
$2,790,014 Price per Acre
6,098 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $73,500

Est. 431% increase in value since last sale

Current estimated payment $2,392/month

1 Day on Market

About This Lot

As of February 2024

Buildable lot on a great street in a neighborhood with many beautiful renovated homes. Mature trees, great orientation. A fantastic opportunity that will not last. Don't let this one go!

Last Agent to Sell the Property

Eugenia Lockett Reese

Samson Properties Brokerage Email: dsamson@samsonproperties.net License #0225039887 Listed on: 02/01/2024

Samson Properties

Last Buyer's Agent

Scott Salvant

Samson Properties License #0225224429

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,996

Lot Details

  • North Facing Home
  • Partially Fenced Property

Schools

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

Utilities

  • Water Not Available
  • Sewer Not Available
  • Cable TV Available

Community Details

  • Northside Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number N000-1046-026

Property Details

Property Type

Land

Est. Annual Taxes

$3,996

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: dsamson@samsonproperties.net
  • Lot Size: 120 x
  • Road Surface Type: Paved
  • Ownership: Other
  • Subdivision Name: Northside Place
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Basement YN: No

Exterior Features

  • Fencing: Partial
  • Lot Features: Buildable
  • Waterfront: No
  • Disclosures: Familial Relation
  • Direction Faces: North

Utilities

  • Sewer: None
  • Water Source: Not Connected (nearby), Public
  • Utilities: Cable Available, Natural Gas Available, Electricity Available, Sewer Not Available

Schools

  • Middle Or Junior School: Henderson

Lot Info

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

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 6, 2024
Sold by
Ira Richard W Reese
Bought by
Nuckles Bryan and Lambert Samantha
Seller's Agent
Eugenia Lockett Reese
Samson Properties
Buyer's Agent
Scott Salvant
Samson Properties
List Price
$58,000
Sold Price
$73,500
Premium/Discount to List
$15,500
26.72%
Views
14
Current Estimated Value
$390,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,102
Avg. Annual Appreciation
159.74%
Original Mortgage
$340,000
Outstanding Balance
$334,345
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$56,257

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jan 31, 2024
Sold by
Equity Trust Co
Bought by
Reese Richard W
Seller's Agent
Eugenia Lockett Reese
Samson Properties
Buyer's Agent
Scott Salvant
Samson Properties
List Price
$58,000
Sold Price
$73,500
Premium/Discount to List
$15,500
26.72%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$334,345
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$56,257

Purchase Details

Closed on
Aug 1, 2023
Sold by
Equity Trust Co
Bought by
Equity Trust Co

Purchase Details

Closed on
Feb 9, 2023
Sold by
Rva Vision Outreach Business Trust
Bought by
Equity Trust Company Custodian

Purchase Details

Closed on
Dec 9, 2021
Sold by
King Barbara A and Baker Evelyn
Bought by
507 Arnold Avenue Series
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Nuckles Bryan $400,000 First American Title
Reese Richard W -- None Listed On Document
Equity Trust Co -- None Listed On Document
Equity Trust Company Custodian $135,000 --
507 Arnold Avenue Series $16,875 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nuckles Bryan $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $73,500 +26.7% --
02/03/2024 02/03/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $58,000 -- --
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 $3,996 $333,000 $69,000 $264,000
2024 $2,076 $173,000 $78,000 $95,000
2023 $2,028 $169,000 $78,000 $91,000
2022 $1,656 $138,000 $47,000 $91,000
2021 $1,404 $126,000 $36,000 $90,000
2020 $1,404 $117,000 $36,000 $81,000
2019 $1,236 $103,000 $27,000 $76,000
2018 $1,236 $103,000 $27,000 $76,000
2017 $1,236 $103,000 $27,000 $76,000
2016 -- $99,000 $25,000 $74,000
2015 -- $98,000 $25,000 $73,000
2014 -- $98,000 $25,000 $73,000
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

    Buyer's Agent in 2024

    Scott Salvant

    Samson Properties

    (804) 402-2854

    3 in this area

    104 Total Sales

    Scott Salvant
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2402535

Central Virginia Regional MLS

APN: N000-1046-005

Virginia Richmond City County Richmond 23222 Highland Park

507 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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