701 N Allison St Unit 5 Richmond, VA 23220
The Fan NeighborhoodEstimated payment $2,290/month
Highlights
- Popular Property
- Wood Flooring
- Granite Countertops
- Open High School Rated A+
- High Ceiling
- Breakfast Area or Nook
About This Home
This wonderfully updated 2-bedroom, 1-bath condo blends historic character with modern upgrades, all within steps of Whole Foods, VCU, the forthcoming Diamond District, and some of Richmond's celebrated restaurants and cafes. Inside, you’ll find hardwood floors, 9-foot ceilings, and abundant natural light.
The condo’s freshly painted front door with new brass kickplate sets the tone for the home’s polished, stylish feel. The condo opens to a living room featuring a gas fireplace and original mantel. The large eat-in kitchen has been transformed with painted cabinetry, new Rejuvenation hardware, tile backsplash, under-cabinet lighting, faucet, and Samsung appliances, including a counter-depth refrigerator and microwave. The bathroom shines with a new teak vanity, mirror, faucets, showerhead and custom cabinetry for added storage. The primary bedroom features a custom wainscoting accent wall and a large walk-in closet with ample storage.
Additional highlights include fresh interior paint throughout, custom wood blinds, storm windows for improved insulation, and a smart Ecobee thermostat with sensors in every room. Every light fixture in the unit has been replaced, with dimmer switches added for most. The building also features a balcony and basement storage. The condo was recently featured in Apartment Therapy.
With its walkable location, historic charm, and long list of recent improvements, this condo offers the best of Fan living — style, convenience, and comfort, all completely move-in ready.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,820
Year Built
- Built in 1912
HOA Fees
- $350 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 750 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bookcases
- High Ceiling
- Gas Fireplace
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Oven
- Stove
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Basement
- Partial Basement
- Basement Storage
Home Security
Outdoor Features
- Outdoor Storage
- Front Porch
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
Listing and Financial Details
- Assessor Parcel Number W000-0911-057
Community Details
Security
- Controlled Access
- Storm Windows
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,820 | $235,000 | $45,000 | $190,000 |
| 2024 | $2,520 | $210,000 | $45,000 | $165,000 |
| 2023 | $2,136 | $210,000 | $45,000 | $165,000 |
| 2022 | $2,136 | $210,000 | $45,000 | $165,000 |
| 2021 | $2,136 | $210,000 | $45,000 | $165,000 |
| 2020 | $2,136 | $178,000 | $37,000 | $141,000 |
| 2019 | $2,016 | $168,000 | $40,000 | $128,000 |
| 2018 | $1,872 | $156,000 | $40,000 | $116,000 |
| 2017 | $1,200 | $150,000 | $40,000 | $110,000 |
| 2016 | $1,200 | $150,000 | $40,000 | $110,000 |
| 2015 | $1,200 | $150,000 | $40,000 | $110,000 |
| 2014 | $1,200 | $150,000 | $40,000 | $110,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $320,000 | +48.9% | $427 / Sq Ft |
| 08/30/2019 08/30/19 | Sold | $214,950 | 0.0% | $287 / Sq Ft |
| 08/04/2019 08/04/19 | Pending | -- | -- | -- |
| 07/23/2019 07/23/19 | For Sale | $214,950 | +27.3% | $287 / Sq Ft |
| 04/28/2016 04/28/16 | Sold | $168,900 | 0.0% | $225 / Sq Ft |
| 02/26/2016 02/26/16 | Pending | -- | -- | -- |
| 02/20/2016 02/20/16 | For Sale | $168,900 | -- | $225 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $215,000 | Homeland Title Stlmnt Agency | |
| Warranty Deed | $168,900 | Attorney | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $193,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,000 | New Conventional | |
| Previous Owner | $130,000 | New Conventional | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $154,800 | New Conventional |
Source: Central Virginia Regional MLS
MLS Number: 2525490
APN: W000-0911-057
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.
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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