$224,000
SOLD NOV 2, 2020

1205 E Main St Unit U4-E Richmond, VA 23219

Shockoe Slip Neighborhood
2 Beds
1.5 Baths
1,317 Sq Ft
$425/mo HOA Fee

Recently Sold

$170 Per Sq Ft

6% Below List Price

326 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Hydromassage or Jetted Bathtub
  • Open High School Rated A+
  • Modern Architecture
  • 3-minute walk to Capitol Square

About This Home

As of January 2022

Major price reduction! One of the best priced condos in town! Bring us a buyer! Welcome to this 2 bed, 1.5 bath condo in the sought after Capital District adjacent to Shockoe Slip and just steps to the James River! Totally renovated from a classic Richmond building from the late 19th century, this unit has hardwood floors throughout, 10ft ceilings, a large kitchen and lots of storage space. The first floor provides a large master bedroom and full bath with a second bedroom or home office. On the top floor of the condo, you’ll find a spacious great room and full kitchen including newer stainless steel appliances, granite countertops and a pantry. Move in ready, this condo includes a huge common area basement with extra laundry and a private, locked storage area. All appliances convey. The eight unit complex also has secure entry and secure elevator service to your top floor home. Plus the seller will consider paying for one year of garage parking next door!

Last Agent to Sell the Property

Mike Morrow

Liz Moore & Associates License #0225237766 Listed on: 10/09/2019

Liz Moore & Associates

Last Buyer's Agent

Coleen Butler Rodriguez

The Steele Group License #0225240251

The Steele Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,538

Year Built

  • Built in 1870 | Remodeled

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,317 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Basement

  • Shared Basement
  • Basement Storage

Home Security

Schools

  • Carver Elementary School
  • Dogwood Middle School
  • Armstrong High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number E000-0082-043

Community Details

Overview

  • Gotham Condominiums Subdivision

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,538

Year Built

Built in 1870 | Remodeled

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1870
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.034
  • Ownership: Individuals
  • Subdivision Name: Gotham Condominiums
  • Architectural Style: Modern, Mid Rise
  • Entry Level: 4
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Common Basement, Storage Space
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Smooth Cooktop
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Granite Counters, High Ceilings, Jetted Tub, Main Level Primary, Recessed Lighting
  • Living Area: 1317.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Stacked
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 425.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: E000-0082-043
  • Zoning Description: B-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3538.0

MLS Schools

  • Elementary School: Carver
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Oct 24, 2020
Sold by
Musleve Daniel J and Musleve Michelle
Bought by
Wallace Zara A
Seller's Agent
Mike Morrow
Liz Moore & Associates
Buyer's Agent
Coleen Butler Rodriguez
The Steele Group
List Price
$239,500
Sold Price
$224,000
Premium/Discount to List
-$15,500
-6.47%
Current Estimated Value
$330,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,307
Avg. Annual Appreciation
8.25%
Original Mortgage
$190,400
Outstanding Balance
$169,351
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,956

Purchase Details

Closed on
Jun 21, 2016
Sold by
Song Xinde and Wang Shuping
Bought by
Musleve Daniel J and Musleve Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,700
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Piraino Ethan P
Bought by
Song Xinde and Wang Shuping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,600
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2009
Sold by
Primacy Closing Corp
Bought by
Piraino Ethan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2008
Sold by
Toomey William J
Bought by
Primacy Closing Corp

Purchase Details

Closed on
May 29, 2007
Sold by
Blank Howard
Bought by
Toomey William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.24%
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 Type Sale Price Title Company
Warranty Deed $224,000 Attorney
Warranty Deed $246,000 Attorney
Warranty Deed $209,500 --
Warranty Deed $190,000 --
Warranty Deed $260,000 --
Warranty Deed $256,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,400 New Conventional
Previous Owner $233,700 New Conventional
Previous Owner $167,600 New Conventional
Previous Owner $152,000 New Conventional
Previous Owner $256,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $260,000 +4.0% $197 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $249,999 +11.6% $190 / Sq Ft
11/02/2020 11/02/20 Sold $224,000 -1.5% $170 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/09/2020 08/09/20 Price Changed $227,500 -2.8% $173 / Sq Ft
07/28/2020 07/28/20 Price Changed $234,000 -1.6% $178 / Sq Ft
06/09/2020 06/09/20 Price Changed $237,900 -4.5% $181 / Sq Ft
03/21/2020 03/21/20 Price Changed $249,000 +4.0% $189 / Sq Ft
03/21/2020 03/21/20 For Sale $239,500 0.0% $182 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
12/24/2019 12/24/19 Price Changed $239,500 -2.4% $182 / Sq Ft
11/17/2019 11/17/19 Price Changed $245,500 -0.6% $186 / Sq Ft
10/09/2019 10/09/19 For Sale $247,000 -- $188 / 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 $3,924 $327,000 $55,000 $272,000
2024 $3,492 $291,000 $55,000 $236,000
2023 $3,492 $291,000 $55,000 $236,000
2022 $3,492 $291,000 $55,000 $236,000
2021 $3,638 $291,000 $55,000 $236,000
2020 $3,638 $291,000 $61,000 $230,000
2019 $3,538 $283,000 $65,000 $218,000
2018 $3,175 $254,000 $65,000 $189,000
2017 $3,175 $254,000 $65,000 $189,000
2016 $2,285 $250,000 $65,000 $185,000
2015 $1,025 $250,000 $65,000 $185,000
2014 $1,025 $250,000 $65,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1932962

Central Virginia Regional MLS

APN: E000-0082-043