NOT LISTED FOR SALE

1524 West Ave Unit 1 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $530,000 - $606,458

3 Beds
2 Baths
1,936 Sq Ft
$498/mo HOA Fee

Last Sold July 26, 2019

Last sale price $389,000 $201 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,061/month

6 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Granite Countertops
  • Open High School Rated A+
  • Clubhouse
  • 2-minute walk to Lombardy & Park Avenue Triangle

About This Home

As of July 2019

This Colonial Revival style building, constructed in the Fan District on West Avenue in 1931, is now known as The Laurel Hill House Condominiums. Unit 1 is located on the lower level and is filled with natural light and a very open and comfortable layout that is an ideal space for entertaining. The rest of this condo features an eat-in kitchen with granite counters, gas cooking, and a large pantry, a large master suite with a walk-in closet and master bath with a soaking tub, separate shower, and a double vanity, two more generous sized bedrooms, and another full bath. The building amenities include an elevator, exercise room, common area with fireplace, large courtyard, guest quarters and two private covered parking spaces in a parking deck adjacent to the building. Fan living means walking distance to some of the best restaurants, coffee shops, and businesses Richmond has to offer.

Last Agent to Sell the Property

Justin Owen

The Steele Group License #0225197051 Listed on: 06/05/2019

The Steele Group

Co-Listed By

Casey Smith

The Steele Group License #0225183573

Last Buyer's Agent

Diane O'Dell

Weichert Brockwell & Associate License #0225054508

Weichert Brockwell & Associate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,128

Year Built

  • Built in 1931

Lot Details

  • 1,917

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-0613-026

Community Details

Overview

  • Laurel Hill House Condo Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,128

Year Built

Built in 1931

Lot Details

0

HOA Fees

$498 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1931
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.044
  • Co List Office Mls Id: VRRO02
  • Co List Office Phone: 804-282-3136
  • Ownership: Individuals
  • Subdivision Name: Laurel Hill House Condo
  • Architectural Style: Colonial, Mid Rise
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Cooking, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Fireplace, Granite Counters, Bath in Primary Bedroom
  • Living Area: 1936.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Off Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Elevator, Fitness, Home Owners Association, Storage Facilities
  • Association Fee: 498.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0613-026
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4128.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 24, 2019
Sold by
Kelly Patrick K
Bought by
Woodson Dorothy C
Seller's Agent
Justin Owen
The Steele Group
Buyer's Agent
Diane O'Dell
Weichert Brockwell & Associate
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$574,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,365
Avg. Annual Appreciation
7.25%
Original Mortgage
$250,000
Outstanding Balance
$221,814
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$373,953

Purchase Details

Listed on
Jan 12, 2017
Closed on
Feb 20, 2017
Sold by
The Debra M Weiland Revocable Trust Livi
Bought by
Kelly Patrick K
Seller's Agent
William Hamnett
Hamnett Properties
Buyer's Agent
Jim Getty
The Steele Group
List Price
$349,950
Sold Price
$355,000
Premium/Discount to List
$5,050
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Sep 2, 2015
Sold by
Kanoy Philip David
Bought by
Weiland Trustee Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Laurel Hill House L L L C
Bought by
Kanoy Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Interest Rate
5.94%
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
Woodson Dorothy C $389,000 Attorney
Kelly Patrick K $355,000 Attorney
Weiland Trustee Debra M $330,000 None Available
Kanoy Philip $371,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodson Dorothy C $250,000
Previous Owner Weiland Trustee Debra M $55,000
Previous Owner Kanoy Philip $296,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $389,000 0.0% $201 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $389,000 +9.6% $201 / Sq Ft
02/28/2017 02/28/17 Sold $355,000 +1.4% $183 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $349,950 +6.0% $181 / Sq Ft
11/30/2015 11/30/15 Sold $330,000 -10.8% $170 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $369,950 -- $191 / 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 $5,196 $433,000 $85,000 $348,000
2024 $4,644 $387,000 $85,000 $302,000
2023 $4,644 $387,000 $85,000 $302,000
2022 $4,644 $387,000 $85,000 $302,000
2021 $4,380 $387,000 $85,000 $302,000
2020 $4,380 $365,000 $77,000 $288,000
2019 $4,128 $344,000 $90,000 $254,000
2018 $3,732 $311,000 $90,000 $221,000
2017 $3,600 $300,000 $90,000 $210,000
2016 $2,664 $300,000 $90,000 $210,000
2015 $1,704 $290,000 $90,000 $200,000
2014 $1,704 $290,000 $90,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1918602

Central Virginia Regional MLS

APN: W000-0613-026