NOT LISTED FOR SALE

701 Arnold Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $184,000 - $247,140

2 Beds
1 Bath
1,159 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $154,000 $133 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,393/month

32 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Patio
  • Open High School Rated A+
  • Cottage
  • 4-minute walk to Hotchkiss Park

About This Home

As of August 2022

This 2 BDRM 1 BA home in Richmond City is ready for NEW OWNERS! Step in from the front porch to find the living room with HDWD floors & a brick, wood-burning fireplace, the kitchen with C/FAN, laminate floors, washer/dryer hookup, white appliances & gas cooking. Off of the kitchen you will find a family room/den with a 5X2 closet and access to the 13X11 concrete patio in the back yard. Bedroom 1 with HDWD floors and a 3X1 cedar lined closet, bedroom 2 with HDWD floors and a 2X2 closet and the hallway full bath with tub/shower, ceramic tile floor and a single vanity with storage complete the space. This home is on a corner lot with a completely fenced yard. SCHEDULE YOUR TOUR TODAY!

Last Agent to Sell the Property

Marc Austin Highfill

Exit First Realty License #0225061966 Listed on: 05/24/2022

Co-Listed By

Trent Dankos

Exit First Realty License #0225225133

Last Buyer's Agent

Leland Klim

Long & Foster REALTORS License #0225233822

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1938

Lot Details

  • 2,409 Sq Ft Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Zoning described as R-5

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,159 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Crawl Space
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number N000-1051-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$996

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1938
  • Property Attached Yn: No
  • Lot Size Acres: 0.0553
  • Co List Office Mls Id: EXFR01
  • Co List Office Phone: (804) 5273948
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Solid Surface Counters
  • Living Area: 1159.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link, Fenced, Full
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Drywall, Frame, Plaster, Vinyl Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Oil, Radiator(s)
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-1051-001
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 996.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 20, 2022
Sold by
Fountain Lindsay A
Bought by
Petras Zane A
Seller's Agent
Marc Austin Highfill
Exit First Realty
Buyer's Agent
Leland Klim
Long & Foster REALTORS
List Price
$169,000
Sold Price
$154,000
Premium/Discount to List
-$15,000
-8.88%
Current Estimated Value
$225,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,535
Avg. Annual Appreciation
12.75%
Original Mortgage
$123,200
Outstanding Balance
$118,786
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$103,254
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
Petras Zane A $154,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petras Zane A $123,200
Previous Owner Fountain Geneva $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $154,000 -8.9% $133 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $169,000 -- $146 / 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 $1,968 $164,000 $56,000 $108,000
2024 $1,848 $154,000 $50,000 $104,000
2023 $1,788 $149,000 $50,000 $99,000
2022 $1,092 $91,000 $27,000 $64,000
2021 $984 $83,000 $21,000 $62,000
2020 $984 $82,000 $21,000 $61,000
2019 $876 $73,000 $15,000 $58,000
2018 $828 $69,000 $15,000 $54,000
2017 $828 $69,000 $15,000 $54,000
2016 $864 $72,000 $20,000 $52,000
2015 $864 $72,000 $20,000 $52,000
2014 $864 $72,000 $20,000 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Marc Austin Highfill

    Seller's Agent in 2022

    Marc Austin Highfill

    Exit First Realty

    (804) 840-9824

    2 in this area

    550 Total Sales

    Section Image
  • Trent Dankos

    Seller Co-Listing Agent in 2022

    Trent Dankos

    Exit First Realty

    (804) 332-3272

    1 in this area

    169 Total Sales

    Section Image
  • Leland Klim

    Buyer's Agent in 2022

    Leland Klim

    Long & Foster

    (804) 873-0025

    1 in this area

    84 Total Sales

    Section Image
  • Helen Garnett

    Buyer Co-Listing Agent in 2022

    Helen Garnett

    Long & Foster

    (804) 855-4553

    1 in this area

    71 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2214569

Central Virginia Regional MLS

APN: N000-1051-001

Virginia Richmond City County Richmond 23222 Highland Park

701 Arnold Ave, Richmond, VA

This home is located at 701 Arnold Ave, Richmond, VA 23222 since 24 May 2022 and is currently estimated at $225,535, approximately $194 per square foot. This property was built in 1938. 701 Arnold 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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