NOT LISTED FOR SALE

1101 W Grace St Unit 1 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $236,000 - $306,000

2 Beds
1 Bath
989 Sq Ft
871 Sq Ft Lot

Last Sold June 13, 2013

Last sale price $130,000 $131 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,697/month

203 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Open High School Rated A+
  • Central Air

About This Home

As of June 2013

Fabulous condo located in the heart of the Fan and VCU campus, just minutes from dining and entertainment. The historic 'Alexander' Building has been completely remodeled and upgraded with tax abatement in place. Luxury condo features granite, stainless steel appliances, ceramic tiled bathroom. ADT alarm systems, fire sprinklers and digital CCTV (security) at front and rear entrances. Exterior features assigned, off-street parking as well as a private courtyard. This property is registered with the National Historic Registry.

Last Agent to Sell the Property

Kimberly Harris

Commonwealth Real Estate Co License #0225062165 Listed on: 11/05/2012

Last Buyer's Agent

Teresa Rice

Realty Group LLC License #0225074740

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,412

Year Built

  • 1900

Lot Details

  • 871

Home Design

  • Tile Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W0000614037

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,412

Year Built

1900

Lot Details

0

Listing Details

  • Structure: Frame, Concrete
  • Price Per Finished Sq Ft: 131.45
  • Finished Sq Ft: 989
  • Items Not Included: Utilities
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Carpet-Part, Tile-Ceramic
  • Interior: 1st Floor Bedrm W/ Full Bath, 9 Ft + Ceilings, Cable TV, Fire Sprinkler, Internet Ready, Recessed Lighting, Security System, Stack Wshr/Dryer Hookup, Walk-In Closet
  • Number of Rooms: 4
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Tile
  • Siding: Stucco

Garage/Parking

  • Parking: Assigned

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water: Public Water

Fee Information

  • Fee: 185.00
  • Fee Description: Condo Association
  • Fee Includes: Exterior Maintenance, Janitorial, Management Fees, Snow Removal, Yard Maintenance, Security, Trash Removal, Comm Ar Mnt
  • Fee Period: Monthly

Schools

  • Elementary School: Fox
  • Middle School: Binford
  • High School: Marshall

Lot Info

  • Zoning: R-73 MULTI FAMILY
  • Parcel Number: W0000614037

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Stuart V James E B V and Stuart Kelly A
Bought by
Jks Proponent Properties Llc
Current Estimated Value
$270,895

Purchase Details

Closed on
Mar 23, 2016
Sold by
Freibaum Jerome and Freibaum Maura
Bought by
Stuart V James E B and Stuart Kelly A C

Purchase Details

Listed on
Nov 5, 2012
Closed on
Jun 11, 2013
Sold by
Spignese Greg
Bought by
Freibaum Jerome
Seller's Agent
Kimberly Harris
Commonwealth Real Estate Co
Buyer's Agent
Teresa Rice
Realty Group LLC
List Price
$155,950
Sold Price
$130,000
Premium/Discount to List
-$25,950
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Sep 25, 2007
Sold by
1101 & 1103 W Grace St L L
Bought by
Spignese Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jks Proponent Properties Llc -- None Available
Stuart V James E B $133,000 Dominion Capital Title
Freibaum Jerome $120,000 --
Spignese Greg $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spignese Greg $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $130,000 -16.6% $131 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $155,950 -- $158 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,412 $201,000 $45,000 $156,000
2024 $2,160 $180,000 $45,000 $135,000
2023 $2,160 $180,000 $45,000 $135,000
2022 $2,160 $180,000 $45,000 $135,000
2021 $1,980 $180,000 $45,000 $135,000
2020 $1,596 $165,000 $35,000 $130,000
2019 $1,452 $160,000 $45,000 $115,000
2018 $1,277 $152,000 $45,000 $107,000
2017 $1,824 $152,000 $45,000 $107,000
2016 $1,140 $150,000 $45,000 $105,000
2015 $1,140 $150,000 $45,000 $105,000
2014 $1,140 $150,000 $45,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1228777

Central Virginia Regional MLS

APN: W000-0614-037