1701 Summit Ave
Richmond, VA 23230
2 bd 2 ba 1,005 sqft Built 1920 Lot 12,263 sqft condo
Most recent sale
$335,000
Oct 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 12, 2022 | Sold | $335,000 | MLS #2224544 |
| Sep 9, 2022 | Listed | $335,000 | MLS #2224544 |
| Sep 23, 2021 | Sold | $299,900 | MLS #2125820 |
| Jun 1, 2018 | Sold | $245,000 | MLS #1816227 |
| May 4, 2018 | Listed | $248,500 | MLS #1816227 |
| Jun 1, 2007 | Sold | $201,950 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $254,000 | $55,000 | $309,000 | $3,708 |
| 2024 | $254,000 | $55,000 | $309,000 | $3,708 |
| 2023 | $241,000 | $55,000 | $296,000 | $3,552 |
| 2022 | $221,000 | $55,000 | $276,000 | $3,312 |
| 2021 | $221,000 | $55,000 | $276,000 | $3,312 |
| 2020 | $218,000 | $45,000 | $263,000 | $2,880 |
| 2019 | $157,000 | $45,000 | $202,000 | $936 |
| 2018 | $152,000 | $45,000 | $197,000 | $1,558 |
| 2017 | $145,000 | $45,000 | $190,000 | $2,280 |
| 2016 | $145,000 | $45,000 | $190,000 | $1,020 |
| 2015 | $145,000 | $45,000 | $190,000 | $1,020 |
| 2014 | $145,000 | $45,000 | $190,000 | $1,020 |
| 2013 | $145,000 | $45,000 | $190,000 | $1,020 |
| 2011 | $162,000 | $45,000 | $207,000 | $1,104 |
| 2010 | $162,000 | $45,000 | $207,000 | $24,840 |
| 2009 | $162,000 | $43,000 | $205,000 | $1,080 |
| 2008 | $162,000 | $43,000 | $205,000 | $2,460 |
Property facts
Year built
1920
Property type
condo
Stories
2
Beds
2
Baths
2
Living area
1,005 sqft
Lot size
12,263 sqft
ZIP code
23230
City
Richmond
Street
Summit Ave
Coordinates
37.56861, -77.46877
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,508
Gross rental yield
5.40%
Implied cap rate
3.51%
Trend-extrapolated value
—
Frequently asked questions
When did 1701 Summit Ave last sell?
1701 Summit Ave most recently sold on Oct 12, 2022 for $335,000.
What is the current tax assessment for 1701 Summit Ave?
The most recent total assessment for 1701 Summit Ave (year 2025) is $309,000 with $3,708 in property tax.
How does 1701 Summit Ave's assessment compare to its last sale price?
The current assessment is 7.8% below the last sale price of $335,000.
When was 1701 Summit Ave built?
1701 Summit Ave was built in 1920.
How does 1701 Summit Ave compare to others on Summit Ave?
We track 6 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 1701 Summit Ave?
1701 Summit Ave is a 2 bed, 2 bath, 1,005 sqft, 12,263 sqft lot condo.
Is 1701 Summit Ave a flip candidate?
No — 1701 Summit Ave does not appear in our flips dataset.
Is 1701 Summit Ave a tax-appeal candidate?
No — 1701 Summit Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q2
$552.5K
2026 Q3
$557.1K
ZIP 23230 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit Ave