NOT LISTED FOR SALE

507 N Arthur Ashe Blvd Unit U10 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $248,000 - $290,000

2 Beds
1 Bath
670 Sq Ft
$310/mo HOA Fee

Last Sold March 05, 2021

Last sale price $174,500 $260 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,975/month

12 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Central Air
  • Open High School Rated A+
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of March 2021

GREAT INVESTMENT OPPORTUNITY in this 2nd level 2 BDRM 1 full BA home in the Tuscan Villas Condominiums. Located across from the VA Museum of Fine Arts, walking distance from restaurants, shopping & entertainment! Step in to find a sun filled living room w/a French door opening to a 4X2 terrace that overlooks the landscaped courtyard. The kitchen offers laminate countertops, appliances (including a Kenmore gas range/oven, a Samsung dishwasher, a Frigidaire refrigerator & a GE stack washer & dryer), a 4X2 pantry & exit door to an 8X5 fire escape area. The primary bedroom is off the living room, has a view of the courtyard, a 4X3 closet w/storage above, BDRM 2 has access from both the living room & the kitchen, has a 4X2 closet w/storage above & both bedrooms are ATT to the 8X5 full BA w/tub & shower. Hardwood floors in the living room & both bedrooms. Plenty of opportunity to make this condominium your own. SCHEDULE YOUR PRIVATE TOUR TODAY!

Last Agent to Sell the Property

Marc Austin Highfill

Exit First Realty License #0225061966 Listed on: 01/22/2021

Last Buyer's Agent

Laneisha Winston

United Real Estate Richmond License #0225056147

United Real Estate Richmond

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1928

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Spanish Architecture
  • Brick Exterior Construction
  • Plaster
  • Stucco

Interior Spaces

  • 670 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas

Community Details

  • Tuscan Villas Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-1207-069

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,968

Year Built

Built in 1928

Lot Details

0

HOA Fees

$310 per month

Listing Details

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

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Appliances: Washer/Dryer Stacked, Dishwasher, Gas Cooking, Disposal, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Bath in Primary Bedroom, Pantry
  • Living Area: 670.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File, Owner Is Listing Agent
  • Construction Type: Brick, Drywall, Plaster, Stucco
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Amenities: Management
  • Association Fee: 310.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Gas, Heat, Hot Water, Insurance, Maintenance Structure, Sewer, Snow Removal, Trash

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1207-069
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1968.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 22, 2021
Sold by
3Tac Homebuyers Llc
Bought by
Madison Trust Company and Nathan Walker Mtc
Seller's Agent
Marc Austin Highfill
Exit First Realty
Buyer's Agent
Laneisha Winston
United Real Estate Richmond
List Price
$199,950
Sold Price
$174,500
Premium/Discount to List
-$25,450
-12.73%
Current Estimated Value
$274,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,596
Avg. Annual Appreciation
9.92%
Original Mortgage
$165,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 22, 2021
Closed on
Jan 14, 2021
Sold by
Sterling Margaret Lauff
Bought by
3Tac Homebuyers Llc
Seller's Agent
Marc Austin Highfill
Exit First Realty
Buyer's Agent
Laneisha Winston
United Real Estate Richmond
List Price
$199,950
Sold Price
$174,500
Premium/Discount to List
-$25,450
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2009
Sold by
Keo Nhean
Bought by
Sterling Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,428
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 1998
Sold by
Akers Joanne
Bought by
Strickler John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
7.04%
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
Madison Trust Company $174,500 None Available
3Tac Homebuyers Llc $135,000 None Listed On Document
3Tac Homebuyers Llc $135,000 Attorney
Sterling Margaret $142,000 --
Strickler John P $53,500 --
Strickler John P $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3Tac Homebuyers Llc $165,000
Previous Owner Sterling Margaret $139,428
Previous Owner Strickler John P $42,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $174,500 -12.7% $260 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $199,950 -- $298 / 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 $2,544 $212,000 $40,000 $172,000
2024 $2,544 $212,000 $40,000 $172,000
2023 $2,304 $192,000 $40,000 $152,000
2022 $2,100 $175,000 $40,000 $135,000
2021 $1,968 $175,000 $40,000 $135,000
2020 $1,968 $164,000 $34,000 $130,000
2019 $1,860 $155,000 $35,000 $120,000
2018 $1,728 $144,000 $35,000 $109,000
2017 $1,668 $139,000 $35,000 $104,000
2016 $1,644 $137,000 $35,000 $102,000
2015 $1,500 $130,000 $35,000 $95,000
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: 2101979

Central Virginia Regional MLS

APN: W000-1207-069