NOT LISTED FOR SALE

507 N Arthur Ashe Blvd Unit 12 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $252,000 - $320,000

2 Beds
1 Bath
681 Sq Ft
$325/mo HOA Fee

Last Sold July 03, 2023

Last sale price $276,500 $406 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,069/month

2 Days on Market

Highlights

  • Wood Flooring
  • Tudor Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Open High School Rated A+
  • Eat-In Kitchen
  • Recessed Lighting

About This Home

As of July 2023

Welcome to this charming condo unit located in the historic Tuscan Villas Condominiums on Arthur Ashe Boulevard! This top floor unit offers a unique opportunity to own a piece of history built in 1928. The interior features include beautiful hardwood flooring in both bedrooms providing a warm and inviting atmosphere along with a Jack and Jill full bath. The spacious living room also boasts handsome hardwood flooring perfect for relaxation and entertaining guests with a view to the picturesque courtyard. The kitchen is equipped with checkerboard vinyl flooring, recessed lighting, stainless steel appliances, a pantry and an eat-in area, offering functionality and convenience. In the heart of Richmond City, convenient to everywhere, you do not want to miss out on this perfect opportunity to own a piece of history! Book your showing today!

Last Agent to Sell the Property

Elizabeth Shurtz Brown

EXP Realty LLC License #0225235145 Listed on: 06/09/2023

EXP Realty LLC

Co-Listed By

Clayton Gits

Real Broker LLC License #0225086086

Last Buyer's Agent

Ashley Irby

Joyner Fine Properties License #0225248303

Joyner Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1928

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Tudor Architecture
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 681 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Recessed Lighting
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • High Speed Internet

Community Details

  • Tuscan Villas Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-1207-071

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,136

Year Built

Built in 1928

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Property Attached Yn: Yes
  • Co List Office Mls Id: EXXP01
  • Co List Office Phone: (804) 729-5188
  • Ownership: Individuals
  • Subdivision Name: Tuscan Villas Condominiums
  • Architectural Style: Tudor
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Linoleum, Wood
  • Appliances: Washer/Dryer Stacked, Dishwasher, Gas Cooking, Disposal, Microwave, Oven, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Laminate Counters, Pantry, Recessed Lighting, Wired for Data
  • Living Area: 681.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tile
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Other, Radiator(s)
  • Cooling: Electric, Wall Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1207-071
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2136.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 17, 2018
Sold by
Heslin Amy Lacey
Bought by
Griffin Jeremy T and Griffin Jennifer K
Seller's Agent
Heather Valentine
Valentine Properties
Buyer's Agent
Elizabeth Shurtz Brown
EXP Realty LLC
List Price
$200,000
Sold Price
$192,500
Premium/Discount to List
-$7,500
-3.75%
Current Estimated Value
$288,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,667
Avg. Annual Appreciation
5.79%
Original Mortgage
$193,000
Outstanding Balance
$167,961
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$120,206

Purchase Details

Closed on
Mar 21, 2007
Sold by
Lundbloom Shanrion
Bought by
Lacey Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2004
Sold by
Riley Christopher
Bought by
Dunfee Shannon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2003
Sold by
O'Hare Joseph
Bought by
Riley Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Griffin Jeremy T $192,500 Aurora Title
Lacey Amy $172,000 --
Dunfee Shannon E $140,000 --
Riley Christopher $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Jeremy T $193,000
Previous Owner Lacey Amy $172,000
Previous Owner Dunfee Shannon E $112,000
Previous Owner Riley Christopher $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $276,500 +10.6% $406 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $250,000 +29.9% $367 / Sq Ft
07/31/2018 07/31/18 Sold $192,500 -1.3% $283 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $195,000 -2.5% $286 / Sq Ft
05/22/2018 05/22/18 For Sale $200,000 -- $294 / 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 $2,592 $216,000 $40,000 $176,000
2024 $2,592 $216,000 $40,000 $176,000
2023 $2,340 $195,000 $40,000 $155,000
2022 $2,136 $178,000 $40,000 $138,000
2021 $1,992 $178,000 $40,000 $138,000
2020 $1,992 $166,000 $35,000 $131,000
2019 $1,884 $157,000 $35,000 $122,000
2018 $1,752 $146,000 $35,000 $111,000
2017 $1,692 $141,000 $35,000 $106,000
2016 $1,668 $139,000 $35,000 $104,000
2015 $1,500 $131,000 $35,000 $96,000
2014 $1,500 $125,000 $35,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2313899

Central Virginia Regional MLS

APN: W000-1207-071