NOT LISTED FOR SALE

Estimated Value: $957,000 - $1,312,000

3 Beds
4.5 Baths
3,120 Sq Ft
$358/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $1,180,000 $378 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,529/month

6 Days on Market

Highlights

  • River Access
  • Waterfront
  • Wood Flooring
  • Open High School Rated A+
  • Rowhouse Architecture
  • Main Floor Primary Bedroom

About This Home

As of February 2020

Imagine a warm spring morning listening to the roar of the James River while relaxing on your private roof deck overlooking Richmond’s downtown skyline, the rock falls, Oregon Hill, Tredegar, Mayo and Brown’s Island … Life here is decidedly different in both function and aesthetic. In modern urban settings, elegance and luxury has always been held to a much higher standard and this incredible townhouse exudes a sophisticated refinement while also maintaining an open and spacious warehouse loft charm. Less than a year old and located in the 7west development which won a 2019 golden hammer award for the best new construction project in Richmond, this better than new townhouse is upgraded throughout - including an elevator that accesses the rooftop - and it skillfully coordinates elements that are equally powerful, durable, efficient and timeless. Walls of glass, minimalist interior selections and an absence of pretense blend the neighborhood's industrial past with its progressive future. All of this ideally located near numerous restaurants, cafes and shops as well as the James River and downtown RVA - Refined, Elegant, Connected… that is 513 W 7th

Last Agent to Sell the Property

Patrick Sullivan

Samson Properties License #0225206165 Listed on: 12/03/2019

Samson Properties

Last Buyer's Agent

Patrick Sullivan

Samson Properties License #0225206165 Listed on: 12/03/2019

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,380

Year Built

  • Built in 2019

Lot Details

  • Waterfront

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Water
  • City

Home Design

  • Rowhouse Architecture
  • Modern Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Rubber Roof
  • HardiePlank Type

Interior Spaces

  • 3,120 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Closets

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Balcony
  • Patio
  • Outdoor Gas Grill
  • 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
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number S0000007033

Community Details

Overview

  • Manchester Subdivision

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,380

Year Built

Built in 2019

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2019
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Manchester
  • Architectural Style: Modern, Row House
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Exhaust Fan, Gas Cooking, Disposal, Microwave, Tankless Water Heater, Wine Cooler
  • Accessibility Features: Accessible Full Bath, Accessible Elevator Installed, Accessible Doors
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Ceilings, Main Level Primary, Walk-In Closet(s)
  • Living Area: 3120.0
  • Stories: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Rubber
  • Pool Features: None
  • View: City, Water
  • View: Yes
  • Waterfront Features: River Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Brick, Frame, HardiPlank Type
  • Exterior Features: Gas Grill
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Front Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Garage, Garage Door Opener, Off Street

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Trash

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: S0000007033
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7380.0

MLS Schools

  • Elementary School: Blackwell
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2019
Sold by
Ames Michael E
Bought by
Pearsall John W and Pearsall Patricia R
Current Estimated Value
$1,147,092

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jan 11, 2019
Sold by
Trailhead Development Llc
Bought by
Ames Michael E
Seller's Agent
Patrick Sullivan
Samson Properties
Buyer's Agent
Sydney Orshanski
One South Realty Group, LLC
List Price
$789,000
Sold Price
$945,040
Premium/Discount to List
$156,040
19.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$755,540
Interest Rate
4.6%
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
Pearsall John W $1,180,000 Attorney
Ames Michael E $945,040 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ames Michael E $755,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $1,180,000 -4.1% $378 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $1,230,000 +30.2% $394 / Sq Ft
01/22/2019 01/22/19 Sold $945,040 +6.3% $303 / Sq Ft
08/14/2017 08/14/17 Price Changed $889,000 -5.9% $285 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
04/01/2016 04/01/16 Off Market $945,040 -- --
03/18/2016 03/18/16 For Sale $789,000 -- $253 / 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 $12,588 $1,049,000 $327,000 $722,000
2024 $12,600 $1,050,000 $327,000 $723,000
2023 $12,192 $1,016,000 $307,000 $709,000
2022 $11,856 $988,000 $307,000 $681,000
2021 $10,716 $913,000 $262,000 $651,000
2020 $10,716 $893,000 $252,000 $641,000
2019 $7,380 $615,000 $170,000 $445,000
2018 $228 $19,000 $19,000 $0
2017 $228 $19,000 $19,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1937991

Central Virginia Regional MLS

APN: S000-0007-033