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Sold for $235,000
    • $235,000

    701 Arnold Ave, Richmond, VA 23222

    2beds
    1,159sqft
    Single Family Residence
    Built in 1938
    2,408 Square Feet Lot
    $235,900 Zestimate®
    $203/sqft
    $1,618 Estimated rent

    Home value

    $235,900

    $224,000 - $248,000

    $1,618/mo

    Zestimate® history
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    What's special

    Welcome to this charming raised ranch in Richmond's popular Highland Terrace neighborhood, where thoughtful updates come together beautifully. Refinished hardwood floors and fresh paint throughout create a bright, inviting atmosphere from the moment you step inside. The refreshed kitchen features tile flooring, new cabinetry, butcher block countertops, and a breakfast nook peninsula that adds both functionality and casual dining space. Adjacent to the kitchen, a versatile dining/flex room has been transformed with a stunning vaulted tongue-and-groove cedar ceiling, skylight, new windows, and luxury vinyl plank flooring—creating the perfect setting for entertaining, working from home, or relaxing with family and friends. The bathroom has been completely renovated down to the studs, offering modern finishes and peace of mind. A spacious living room centered around a cozy fireplace provides a warm gathering space, while two comfortable bedrooms complete the interior. Additional updates include a new roof and hot water heater, allowing the next owner to move in with confidence. Situated on a corner lot, the fully fenced backyard offers plenty of room for pets, gardening, play, or outdoor entertaining. Full of charm and thoughtfully updated throughout, this Highland Terrace gem is ready to welcome you home. Photos scheduled for Monday afternoon, June 22.

    Zillow last checked:

    Listing updated:

    Listed by:

    Leland Klim (804)873-0025,

    Long & Foster REALTORS,

    Helen Garnett 804-855-4553,

    Long & Foster REALTORS

    Bought with:

    Frances Capriglione, 0225245198

    Liz Moore & Associates

    Source: CVRMLS,MLS#: 2616836MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Description: HW floors, Closet storage system
    • Level: First
    • Dimensions: 0 x 0
    Bedroom 2
    • Description: HW floors
    • Level: First
    • Dimensions: 0 x 0
    Dining room
    • Description: Flex space; vaulted ceiling, LVP
    • Level: First
    • Dimensions: 0 x 0
    Other
    • Description: Tub & Shower
    • Level: First
    Kitchen
    • Description: Tile floors, new cabinetry, new counters
    • Level: First
    • Dimensions: 0 x 0
    Living room
    • Description: HW floors, FP
    • Level: First
    • Dimensions: 0 x 0
    Heating
    • Natural Gas, Radiator(s)
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Washer/Dryer Stacked, Gas Cooking, Gas Water Heater, Microwave, Refrigerator, Stove
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Features
    • Bedroom on Main Level, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Solid Surface Counters, Cable TV
    • Flooring: Tile, Vinyl, Wood
    • Basement: Crawl Space
    • Attic: Access Only
    Interior area
    • Total interior livable area: 1,159 sqft
    • Finished area above ground: 1,159
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Exterior features: Storage, Shed
    • Pool features: None
    • Fencing: Chain Link,Fenced
    Lot
    • Size: 2,408 Square Feet
    Details
    • Parcel number: N0001051001
    • Zoning description: R-5

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Highland Terrace
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $203/sqft
    • Tax assessed value: $164,000
    • Annual tax amount: $1,968
    • Date on market: 7/21/2026
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    7/24/2026Sold$235,000$203/sqft
    Source: CVRMLS #2616836 Report a problem
    6/27/2026Pending sale$235,000$203/sqft
    Source: CVRMLS #2616836 Report a problem
    6/23/2026Listed for sale$235,000+52.6%$203/sqft
    Source: CVRMLS #2616836 Report a problem
    8/2/2022Sold$154,000-8.9%$133/sqft
    Source: CVRMLS #2214569 Report a problem
    6/25/2022Pending sale$169,000$146/sqft
    Source: CVRMLS #2214569 Report a problem
    6/14/2022Listed for sale$169,000$146/sqft
    Source: CVRMLS #2214569 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,968 +6.5%$164,000 +6.5%
    2024$1,848 +3.4%$154,000 +3.4%
    2023$1,788 $149,000
    2022$1,788 +79.5%$149,000 +79.5%
    2021$996 +1.2%$83,000 +1.2%
    2020$984 +12.3%$82,000 +12.3%
    2019$876 +5.8%$73,000 +5.8%
    2018$828 -4.2%$69,000
    2017$864 $69,000 -4.2%
    2016$864 $72,000
    2015$864 $72,000
    2014$864 $72,000
    2013-- $72,000
    2012-- $72,000 -5.3%
    2011-- $76,000
    2010-- $76,000 -16%
    2009-- $90,500 +1%
    2008-- $89,600 +11.4%
    2007-- $80,400 +11.4%
    2006-- $72,200 +6.3%
    2005-- $67,900 +30.1%
    2003-- $52,200 +3%
    2002-- $50,700
    2001$725 $50,700
    Find assessor info on the county website

    Neighborhood: Highland Terrace

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Barack Obama
    • Middle: Henderson
    • High: John Marshall

    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
    $235,900
    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
    $235,900

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