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Property Description
Welcome to 503 Arnold Avenue, where timeless character meets modern convenience. Originally built in 1910 and thoughtfully renovated, this beautifully maintained home offers 4 bedrooms and 3 full bathrooms, including a highly sought-after first-floor bedroom and full bath. Step inside to find spacious rooms filled with natural light, highlighted by 9-foot ceilings and newer windows throughout. The kitchen features granite countertops, a tiled backsplash, stainless steel appliances, and a newer double oven, perfect for entertaining or everyday living. All three bathrooms are full baths and showcase tiled showers for a clean, updated feel. Enjoy seamless indoor-outdoor living with a remodeled outdoor deck and an upstairs covered screened-in balcony, offering multiple spaces to relax or unwind. The fully fenced backyard provides privacy, enhanced with smart outdoor lighting, while the inviting front porch adds even more charm. Modern upgrades continue with smart thermostats, a smart doorbell, and a smart deadbolt lock, giving you both comfort and peace of mind. Conveniently located just minutes from downtown Richmond, VCU, and major interstates, this home offers the perfect blend of historic appeal, thoughtful updates, and prime location.
Full Property Details
Full Property Details for 503 Arnold Ave
General
- Price: $415,000
- Taxes: $3,888 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: VARC2000872
- Updated: Today (4/3/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 3
- Bedrooms Main & Up: 1
Parking
- Parking Type: On Street
Location
- County: RICHMOND CITY
- Subdivision: HIGHLAND TERRACE
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: Richmond City Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Frame
- Foundation: Block
- Stories Description: Main, Upper 1
- Square Feet: 1,982
- Sq. Ft. Source: Assessor
- Living Area: 1,982 Sq. Ft.
- Finished Above Grnd: 1,982 Sq. Ft.
- Year Built: 1910
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,064
- Lot Size Source: Assessor
- Lot Dimensions: 53.00 x 78.00
- Zoning: 5
Financial Considerations
- Price Per Sq. Ft.: $209.38
- Assessment Year: 2025
- City/TownTax: $3,888
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $324,000
- Tax Amount: $3,888
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1982
Disclosures and Reports
- Ownership: Fee Simple
Listed by LPT Realty, LLC, Philip Bissoon
Get Pre-Approved Today
Schools
Schools serving 503 Arnold Ave
School District:Richmond City Public Schools
| Name | Grades | Distance |
|---|---|---|
J.E.B. Stuart Elementary School 3101 Fendall Avenue, Richmond, VA 23222 | K-5 | 0.5 mi |
Henderson Middle School 4319 Old Brook Road, Richmond, VA 23227 | 6-8 | 1.9 mi |
John Marshall High School, Richmond, VA 4225 Old Brook Road, Richmond, VA 23227 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 Arnold Ave
Date
Details
Price
Change
Source
4/03/2026
Listed
$415,000
58.1%
MLS
5/29/2019
Sold
$262,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 503 Arnold Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,888
6%
$324,000
6%
2023
$3,672
28%
$306,000
4%
2020
$2,858
—
$295,000
7%
2020
$2,858
—
$276,000
6%
2020
$2,858
2%
$260,000
11%
2020
$2,808
—
$234,000
—
2019
$2,808
4%
$234,000
4%
2018
$2,700
137%
$225,000
137%
2017
$1,140
—
$95,000
—
2016
$1,140
2%
$95,000
2%
2015
$1,116
-53%
$93,000
—
2014
$2,367
—
$93,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 Arnold Ave
503 Arnold Avenue, Richmond, VA 23222 (MLS# VARC2000872) is a Single Family property with 4 bedrooms and 3 full bathrooms. 503 Arnold Avenue is currently listed for $415,000 and was received on April 03, 2026. Want to learn more about 503 Arnold Avenue? Do you have questions about finding other Single Family real estate for sale in Richmond? You can browse all Richmond real estate or contact a Coldwell Banker agent to request more information.
