NOT LISTED FOR SALE

821 Albemarle St Richmond, VA 23220

Oregon Hill Neighborhood

Estimated Value: $707,919

4 Beds
2 Baths
2,799 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $400,000 $143 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,355/month

101 Days on Market

About This Home

As of January 2017

Located in Oregon Hill across from the Park like setting of Historic Hollywood Cemetery, the wide streets provide an abundance of natural light. Both floors have Huge Kitchen/Great Rooms with recessed lighting, granite counter-tops, bar seating, dishwasher, refrigerator, stove and a Full Bath with custom made glass walled shower. Both Kitchens open up to back deck/balcony that overlook the historic surroundings towards the river. Washer/Dryers in each. Off street parking. First floor units has large studio like space with historic store front windows, private bedroom and huge great room/kitchen and intimate side porch. Upper floor has an outstanding entrance foyer and stairwell, hardwood floors and will command huge rent with 3 large bedrooms. First floor has large open commercial space, resently used as gallery/art studio - verify use with city.

Last Agent to Sell the Property

George Cumming

Long & Foster REALTORS License #0225068456 Listed on: 08/19/2016

Long & Foster REALTORS

Last Buyer's Agent

George Cumming

Long & Foster REALTORS License #0225068456 Listed on: 08/19/2016

Long & Foster REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1890

Lot Details

  • 2,439 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,799 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Schools

  • Clark Springs Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number W000-0167-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,117

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Lot Size Acres: 0.056
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Approximate
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Unfinished
  • Basement YN: No
  • Living Area: 2799.0
  • Stories: 2

Exterior Features

  • Roof: Other
  • Fencing: Back Yard, Fenced
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0167-001
  • Zoning Description: R-7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3117.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Clark Springs
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Jan 6, 2017
Sold by
Kemp Arnold J
Bought by
Freeman Robert N and Freeman Marissa J
Seller's Agent
George Cumming
Long & Foster REALTORS
Buyer's Agent
George Cumming
Long & Foster REALTORS
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$707,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,919
Avg. Annual Appreciation
6.40%
Original Mortgage
$320,000
Outstanding Balance
$268,189
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$414,183

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jul 1, 2013
Sold by
Rooney Dermot W
Bought by
Kemp Arnold J
Seller's Agent
George Cumming
Long & Foster REALTORS
Buyer's Agent
George Cumming
Long & Foster REALTORS
List Price
$375,000
Sold Price
$368,000
Premium/Discount to List
-$7,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$294,400
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Freeman Robert N $400,000 Attorney
Kemp Arnold J $368,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Robert N $320,000
Previous Owner Kemp Arnold J $294,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $400,000 0.0% $143 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $400,000 -5.9% $143 / Sq Ft
09/10/2016 09/10/16 Price Changed $425,000 -5.6% $152 / Sq Ft
08/19/2016 08/19/16 For Sale $450,000 +22.3% $161 / Sq Ft
07/17/2013 07/17/13 Sold $368,000 -1.9% $134 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $375,000 -- $137 / 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 $6,324 $527,000 $211,000 $316,000
2024 $6,060 $505,000 $189,000 $316,000
2023 $6,240 $520,000 $120,000 $400,000
2022 $5,760 $480,000 $100,000 $380,000
2021 $5,354 $465,000 $100,000 $365,000
2020 $5,103 $446,000 $70,000 $376,000
2019 $4,419 $410,000 $70,000 $340,000
2018 $4,120 $406,000 $50,000 $356,000
2017 $4,598 $383,000 $50,000 $333,000
2016 $3,117 $368,000 $50,000 $318,000
2015 $2,304 $369,000 $50,000 $319,000
2014 $2,304 $275,000 $32,000 $243,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    George Cumming

    Long & Foster

    (804) 334-2251

    1 in this area

    27 Total Sales

    George Cumming
    Section Image
  • Remington Rand

    Seller Co-Listing Agent in 2013

    Remington Rand

    Rand Properties

    (804) 212-5833

    117 Total Sales

    Remington Rand
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1628470

Central Virginia Regional MLS

APN: W000-0167-001

Virginia Richmond City County Richmond 23220 Oregon Hill

821 Albemarle St, Richmond, VA

This home is located at 821 Albemarle St, Richmond, VA 23220 since 19 August 2016 and is currently estimated at $707,919, approximately $252 per square foot. This property was built in 1890. 821 Albemarle St is a home located in Richmond City with nearby schools including Dogwood Middle School, Open High School, and Thomas Jefferson 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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