NOT LISTED FOR SALE

1501 Ivymount Rd Unit 1501 Richmond, VA 23225

Elkhardt Neighborhood

Estimated Value: $135,000 - $192,000

3 Beds
1.5 Baths
1,084 Sq Ft
$185/mo HOA Fee

Last Sold February 15, 2018

Last sale price $80,000 $74 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,116/month

118 Days on Market

Highlights

  • 10.02 Acre Lot
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System
  • Open High School Rated A+

About This Home

As of February 2018

Very Well maintain End unit Home. 3 Bedrooms 1 1/2 baths on a large corner lot. newer Carpet in whole home. Tile Shower and tub combo with Tile floor in the Full Bath. Large Back yard, Huge Master Bedroom, Tile kitchen floor, Very Large Family Room. New Roof. Complex Close to Chippenham Parkway. Home move in Ready.

Last Agent to Sell the Property

Mike Peele

Virginia Capital Realty License #0225103960 Listed on: 09/13/2017

Virginia Capital Realty

Co-Listed By

Tami Crouch

Virginia Capital Realty License #0225057647

Last Buyer's Agent

Martha Smith

Keeton & Co Real Estate License #0225062664

Keeton & Co Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1970

Lot Details

  • 10.02

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,084 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Reid Elementary School
  • Elkhardt Middle School
  • Huguenot High School

Additional Features

  • Back Yard Fenced
  • Forced Air Heating and Cooling System

Community Details

  • The Madison Place Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number C007-0553-185

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,044

Year Built

Built in 1970

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1970
  • Property Attached Yn: Yes
  • Lot Size Acres: 10.0215
  • Co List Office Mls Id: RCHM01
  • Co List Office Phone: 804-442-7577
  • Ownership: Individuals
  • Subdivision Name: The Madison Place Condos
  • Architectural Style: Two Story
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1084.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure

Schools

  • Middle Or Junior School: Elkhardt

Lot Info

  • Parcel Number: C007-0553-185
  • Zoning Description: R-43
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1044.0

MLS Schools

  • Elementary School: Reid
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Jan 23, 2018
Sold by
Green James T
Bought by
Casallas Carmen
Seller's Agent
Mike Peele
Virginia Capital Realty
Buyer's Agent
Martha Smith
Keeton & Co Real Estate
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$156,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,694
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
May 19, 2015
Closed on
Jan 26, 2016
Sold by
Irby Kurtis D and Montgomery Felicia W
Bought by
Green James T
Seller's Agent
Bill Wagner
Hometown Realty
Buyer's Agent
Mike Peele
Virginia Capital Realty
List Price
$86,000
Sold Price
$71,500
Premium/Discount to List
-$14,500
-16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Dec 5, 2006
Sold by
Quest T & C Townhomes
Bought by
Irby Kurtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.4%
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
Casallas Carmen $80,000 Attorney
Green James T $71,500 None Available
Irby Kurtis $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irby Kurtis $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $80,000 -5.8% $74 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
12/13/2017 12/13/17 Price Changed $84,900 -5.6% $78 / Sq Ft
09/13/2017 09/13/17 For Sale $89,900 +25.7% $83 / Sq Ft
01/29/2016 01/29/16 Sold $71,500 -16.9% $66 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $86,000 -- $79 / 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 $1,152 $96,000 $15,000 $81,000
2024 $924 $77,000 $15,000 $62,000
2023 $924 $77,000 $15,000 $62,000
2022 $924 $77,000 $15,000 $62,000
2021 $924 $77,000 $15,000 $62,000
2020 $924 $77,000 $16,000 $61,000
2019 $876 $73,000 $15,000 $58,000
2018 $876 $73,000 $15,000 $58,000
2017 $1,044 $87,000 $15,000 $72,000
2016 $1,044 $87,000 $15,000 $72,000
2015 $1,044 $87,000 $15,000 $72,000
2014 $1,044 $87,000 $15,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1732874

Central Virginia Regional MLS

APN: C007-0553-185