NOT LISTED FOR SALE

516 Montvale Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $192,000 - $272,523

2 Beds
1 Bath
720 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $240,000 $333 Per Sq Ft

Current estimated payment $1,530/month

5 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Eat-In Kitchen
  • Open High School Rated A+
  • Front Porch
  • Central Air

About This Home

As of July 2023

Come see this beautifully updated 2 bed, 1 bath home in Richmond, VA. Features include new granite countertops, backsplash, and appliances in the kitchen, newer windows, and a new HVAC system. Refinished hardwood floors and updated bathroom with tiled tub/shower and floors. Partially fenced back yard, perfect for entertaining. Minutes to VCU, MCV, all major highways.

Last Agent to Sell the Property

Rasheedah Nevers

Samson Properties License #0225246141 Listed on: 05/10/2023

Samson Properties

Last Buyer's Agent

April Pillsbury

EXP Realty LLC License #0225243235

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1946

Lot Details

  • 4,961 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Zoning described as R-5

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Barack Obama Elementary School
  • Henderson Middle School
  • Armstrong High School

Utilities

  • Central Air
  • No Heating
  • Water Heater

Community Details

  • Roslyn Heights Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number N000-1047-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,056

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1946
  • Property Attached Yn: No
  • Lot Size Acres: 0.1139
  • Ownership: Individuals
  • Subdivision Name: Roslyn Heights
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Granite Counters
  • Living Area: 720.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Fenced, Partial
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, Off Street, On Street

Utilities

  • Heating: Electric, None
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-1047-018
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1056.0
  • Tax Lot: 27

MLS Schools

  • Elementary School: Barack Obama
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Neville Timothy L
Bought by
Committed Real Estate Group Llc
Current Estimated Value
$240,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
1.2%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2021
Sold by
Neville Tierra L
Bought by
Neville Timothy L

Purchase Details

Closed on
Apr 26, 2013
Sold by
Richmond Metro Homebuyers Inc
Bought by
Neville Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2013
Sold by
Assurance Federal Credit Union
Bought by
Richmond Metro Homebuyers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Whitlock Edward S
Bought by
Assirance Federal Credit Union

Purchase Details

Closed on
Aug 29, 2008
Sold by
Assurance Federal Credit
Bought by
Smith Garnett L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,200
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2008
Sold by
Specialized Inc Of Virgin
Bought by
Assurance Federal Credit Union

Purchase Details

Closed on
Jan 4, 2008
Sold by
Mortgage Electronic Regis
Bought by
Lightfoot Jeronn

Purchase Details

Closed on
Mar 21, 2005
Sold by
Blakey Evelyn R
Bought by
Lightfoot Jeronn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
5.7%
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
Committed Real Estate Group Llc $162,500 --
Neville Timothy L -- None Available
Neville Timothy L $21,900 --
Richmond Metro Homebuyers Inc $10,000 --
Assirance Federal Credit Union $20,000 --
Smith Garnett L $76,200 --
Assurance Federal Credit Union $39,601 --
Lightfoot Jeronn $50,400 --
Lightfoot Jeronn L $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Committed Real Estate Group Llc $170,000
Previous Owner Neville Timothy $90,419
Previous Owner Neville Timothy L $26,000
Previous Owner Smith Garnett L $76,200
Previous Owner Lightfoot Jeronn L $23,000
Previous Owner Lightfoot Jeronn L $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $240,000 -3.6% $333 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $249,000 -- $346 / 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 $2,772 $231,000 $64,000 $167,000
2024 $2,616 $218,000 $58,000 $160,000
2023 $1,332 $111,000 $58,000 $53,000
2022 $1,056 $88,000 $42,000 $46,000
2021 $876 $76,000 $32,000 $44,000
2020 $1,378 $73,000 $32,000 $41,000
2019 $1,038 $55,000 $20,000 $35,000
2018 $588 $49,000 $20,000 $29,000
2017 $588 $49,000 $20,000 $29,000
2016 $576 $48,000 $20,000 $28,000
2015 $806 $48,000 $20,000 $28,000
2014 $806 $48,000 $20,000 $28,000
Source: Public Records

Agents Affiliated with this Home

  • Rasheedah Nevers

    Seller's Agent in 2023

    Rasheedah Nevers

    Samson Properties

    (804) 297-1982

    2 in this area

    83 Total Sales

    Rasheedah Nevers
    Section Image
  • April Pillsbury

    Buyer's Agent in 2023

    April Pillsbury

    EXP Realty LLC

    (804) 304-9888

    1 in this area

    100 Total Sales

    April Pillsbury
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2311315

Central Virginia Regional MLS

APN: N000-1047-018

Virginia Richmond City County Richmond 23222 Highland Park

516 Montvale Ave, Richmond, VA

This home is located at 516 Montvale Ave, Richmond, VA 23222 since 10 May 2023 and is currently estimated at $240,381, approximately $333 per square foot. This property was built in 1946. 516 Montvale Ave is a home located in Richmond City with nearby schools including Henderson Middle School, John Marshall High School, and Open High School.

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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