NOT LISTED FOR SALE

1101 W Grace St Unit 3 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $177,000 - $324,000

1 Bed
1 Bath
1,095 Sq Ft
$250/mo HOA Fee

Last Sold September 07, 2016

Last sale price $167,000 $153 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,874/month

16 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Eat-In Kitchen
  • Open High School Rated A+
  • High Ceiling
  • Controlled Access

About This Home

As of September 2016

Enjoy luxury condo living in the heart of the Fan! Only minutes away from VCU's main campus, the historic Alexander Building has been completely remodeled to offer old world charm with modern conveniences. The main level of this 2-story front unit takes advantage of the abundant natural light from floor-to-ceiling windows with an open floor plan featuring beautiful heart pine floors, detailed moldings, and a living room open to the upgraded kitchen with granite counters & stainless appliances. The lower level has three spacious rooms that can be used as a luxury suite with bedroom, studio/media room and intimate brick lined office - a great space to define as your own. You even have direct access to a patio perfect for starting your day with a cup of coffee outdoors or entertaining with friends. This unit also includes one car spot at the back of the building - but with restaurants, shopping and entertainment all so close, you may never need to use your car!

Last Agent to Sell the Property

Curt Reichstetter

Two Dog Realty License #0225078136 Listed on: 07/06/2016

Co-Listed By

Blake Poore

Compass License #0225081050

Last Buyer's Agent

Curt Reichstetter

Two Dog Realty License #0225078136 Listed on: 07/06/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 1,089

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,095 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • High Ceiling
  • Ceiling Fan
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Marshall High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number W0000614039

Community Details

Overview

  • Maintained Community

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,740

Year Built

Built in 1900 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1900
  • Co List Office Mls Id: JOYN01
  • Co List Office Phone: 804-270-9440
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Full, Heated
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Wired for Data
  • Living Area: 1095.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Tile
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Concrete, Stucco
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Off Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System, Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Maintained Community, Public Transportation
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Security, Trash

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W0000614039
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1740.0

MLS Schools

  • Elementary School: Fox
  • High School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 16, 2016
Sold by
Gillen William S and Gillen Gretchen M
Bought by
Ashworth David
Seller's Agent
Curt Reichstetter
Two Dog Realty
Buyer's Agent
Curt Reichstetter
Two Dog Realty
List Price
$169,950
Sold Price
$167,000
Premium/Discount to List
-$2,950
-1.74%
Current Estimated Value
$265,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,980
Avg. Annual Appreciation
6.59%
Original Mortgage
$158,650
Outstanding Balance
$128,287
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$168,424

Purchase Details

Closed on
Jul 28, 2008
Sold by
1101 and Stree 1103 W
Bought by
Gillen William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ashworth David $167,000 Capitol Closing Inc
Gillen William S $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashworth David $158,650
Previous Owner Gillen William S $174,850
Previous Owner Gillen William S $174,400
Previous Owner 1101 1103 W Grace Street Llc $835,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $167,000 -1.7% $153 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $169,950 -- $155 / 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 $2,232 $186,000 $45,000 $141,000
2024 $2,004 $167,000 $45,000 $122,000
2023 $2,004 $167,000 $45,000 $122,000
2022 $2,004 $167,000 $45,000 $122,000
2021 $1,788 $167,000 $45,000 $122,000
2020 $1,438 $149,000 $31,000 $118,000
2019 $1,344 $145,000 $45,000 $100,000
2018 $1,193 $137,000 $45,000 $92,000
2017 $1,644 $137,000 $45,000 $92,000
2016 $1,080 $135,000 $45,000 $90,000
2015 $1,080 $145,000 $45,000 $100,000
2014 $1,080 $145,000 $45,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1622994

Central Virginia Regional MLS

APN: W000-0614-039