new - 1 day on rocket

501 N Arthur Ashe Blvd Unit U2, Richmond, VA, 23220

$265,000

Home List Price

$3,147*

Closing Credit

2 Bedrooms
1 Full Bath
708 SqFt
$374/SqFt
Condo

Location

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501 N Arthur Ashe Blvd Unit U2, Richmond$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1928
HeatingNatural Gas, Radiant
CoolingWindow Unit(s)
BasementYes
MLS #2430111
StatusActive

About 501 N Arthur Ashe Blvd Unit U2

Here is a great opportunity to own a Mediterranean style, first level condo right across the street from the Virginia Museum of Fine Arts! Welcome home to Tuscan Villas Condominiums with an unbeatable location in the heart of the Fan & Museum Districts!!! Step inside to the beautiful hardwoods that flow throughout the living room and two spacious bedrooms. Very clean and newly refreshed single bathroom that is shared between both bedrooms. Galley kitchen with white cabinetry, updated backsplash, gas stove, pantry and butcher block countertops. Stackable washer/dryer and refrigerator convey. Each unit has dedicated storage space located in basement. This low-maintenance community is supported by two on-site groundskeepers/handymen, ensuring a hassle-free lifestyle for residents. First level unit so very well insulated (seller says electric only runs about $40/month! ; Gas/Heat/Water included in HOA fee)... Truly amazing location walkable to all the best restaurants, shopping, parks, and museums RVA has to offer! Don't miss your chance to be the newest owner in Tuscan Villas!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise, Spanish/Mediterranean
  • Year Built: 1928
  • Stories: 1
  • Living Area: 708 SqFt

Listing Office:

  • Office Name: BHHS PenFed Realty
  • Office Email: agentservices@penfedrealty.com
  • Listing Agent: Rylan Spear

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Refrigerator, Stove, Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Vinyl, Wood
  • Interior: Bedroom on Main Level, Main Level Primary, Pantry, Solid Surface Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Building entrance @ the corner of Arthur Ashe & Kensington

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $374/SqFt

HOA Fees:

  • Amount: $324
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

Med. Sold Price

$357.2K

Med. Price/SqFt

$225

Avg. Days On Market

26

# of Sold Homes

387

501 N Arthur Ashe Blvd Unit U2 vs Richmond

1 DAY ON ROCKET

-25 Days

$265,000

-$92.2K Less

$374/SqFt

+$149 More

KEY TAKEAWAY

This property is $92.2K less than the Median Sold Price and $149/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2430111

Listing Office:

  • Office Name: BHHS PenFed Realty
  • Office Email: agentservices@penfedrealty.com
  • Listing Agent: Rylan Spear

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,714

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1030836
4
/10
  • John B. Cary Elementary School

  • 3021 Maplewood Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-1030837
5
/10
  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-1030838
1
/10
  • George W. Carver Elementary School

  • 1110 W Leigh St

  • 1.66 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,796. Residents of Richmond, VA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 N Arthur Ashe Blvd Unit U2

What is the listing price of this property?

The listing price of 501 N Arthur Ashe Blvd Unit U2 property is $265,000.

What type of property is this?

The property 501 N Arthur Ashe Blvd Unit U2 is a condo located in Richmond, Virginia, 23220.

Is this property for sale now?

Active Listing: 501 N Arthur Ashe Blvd Unit U2 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 501 N Arthur Ashe Blvd Unit U2 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 501 N Arthur Ashe Blvd Unit U2 is 708 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 N Arthur Ashe Blvd Unit U2 is 1928.

Rocket HomesVirginiaRichmond23220501 N Arthur Ashe Blvd Unit U2

This home is located at 501 N Arthur Ashe Blvd Unit U2 in Richmond, VA and zip code 23220 in the West End neighborhood. This 708 square foot home was built in 1928. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $265,000.

Richmond, VA housing market in October 2024 saw over 165 listings sold above listed price, more than 81 sold at listed price and over 137 sold below. In October 2024 in Richmond, VA there were 5.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $357,226, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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