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Sold for $313,000
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  • $313,000

    701 Allison St #U5, Richmond, VA 23220

    2beds
    750sqft
    Condominium
    Built in 1912
    -- sqft lot
    $323,800 Zestimate®
    $417/sqft
    $1,489 Estimated rent

    Home value

    $323,800

    $288,000 - $363,000

    $1,489/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Remington Rand 804-212-5833,

    Rand Properties

    Bought with:

    Kayla Foster, 0225225073

    The Steele Group

    Source: CVRMLS,MLS#: 2525490MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Other
    • Description: Tub & Shower
    • Level: First
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Stove, Water Heater, Central Water Heater
    Features
    • Bookcases, Built-in Features, Breakfast Area, Eat-in Kitchen, Fireplace, Granite Counters, High Ceilings
    • Flooring: Tile, Wood
    • Windows: Storm Window(s)
    • Basement: Partial,Storage Space
    • Attic: None
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 750 sqft
    • Finished area above ground: 750
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch, Porch
    • Exterior features: Porch, Storage
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 740.52 sqft
    Details
    • Parcel number: W0000911057
    • Zoning description: R-48

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Low Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Mixed
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Controlled Access
    Location
    • Region: Richmond
    • Subdivision: None

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $350 monthly
    • Services included: Common Areas, Gas, Hot Water, Insurance, Sewer, Trash, Water

    Other

    Other facts
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    12/3/2025Sold$313,000-0.6%$417/sqft
    Source: CVRMLS #2525490 Report a problem
    11/3/2025Pending sale$315,000$420/sqft
    Source: CVRMLS #2525490 Report a problem
    10/23/2025Price change$315,000-1.6%$420/sqft
    Source: CVRMLS #2525490 Report a problem
    9/9/2025Listed for sale$320,000+48.8%$427/sqft
    Source: CVRMLS #2525490 Report a problem
    9/3/2019Sold$215,000+0%$287/sqft
    Source: Public Record Report a problem
    7/23/2019Listed for sale$214,950+27.3%$287/sqft
    Source: Real Estate Virginia #1924427 Report a problem
    4/28/2016Sold$168,900+12.6%$225/sqft
    Source: Public Record Report a problem
    9/19/2011Sold$150,000-22.5%$200/sqft
    Source: Public Record Report a problem
    9/12/2006Sold$193,500$258/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,820 +11.9%$235,000 +11.9%
    2024$2,520 $210,000
    2023$2,520 $210,000
    2022$2,520 $210,000
    2021$2,520 +18%$210,000 +18%
    2020$2,136 +6%$178,000 +6%
    2019$2,016 +7.7%$168,000 +7.7%
    2018$1,872 +56%$156,000 +4%
    2017$1,200 $150,000
    2016$1,200 $150,000
    2015$1,200 $150,000
    2014$1,200 $150,000 -3.2%
    2013-- $155,000
    2012-- $155,000 -16.2%
    2011-- $185,000
    2010-- $185,000
    2009-- $185,000
    2008-- $185,000
    2007-- $185,000
    2006-- --

    Find assessor info on the county website

    Neighborhood: The Fan

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fox
    • Middle: Dogwood
    • High: Thomas Jefferson

    Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $323,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $323,800