$675,000
SOLD SEP 25, 2024

1524 West Ave Unit 23 Richmond, VA 23220

The Fan Neighborhood
3 Beds
2 Baths
1,750 Sq Ft
$702/mo HOA Fee

Recently Sold

$386 Per Sq Ft

6% Below List Price

69 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Granite Countertops
  • Open High School Rated A+
  • Main Floor Bedroom
  • 2-minute walk to Lombardy & Park Avenue Triangle

About This Home

As of September 2024

Imagine the privilege of residing on one of Richmond's most desirable streets. Known for its sublime architecture and picturesque gardens, West Avenue in the heart of the Fan is only 3 blocks long. Homes here are highly coveted and rarely become available. Laurel Hill House was originally constructed in 1931 as a dormitory for nursing students. This exclusive residence has been meticulously transformed into 10 luxurious condos, including Unit 23, a stunning showcase of refined design and sophisticated living. Step inside Unit 23 and be greeted by cosmopolitan wallpaper accents, plantation shutters, rich cherry floors, and tasteful built-ins that exude a sense of elevated taste and style. The spacious open layout bathed in natural light creates an inviting ambiance, ideal for everyday living and entertaining. The kitchen is a culinary delight with leathered granite countertops, SS appliances, and convenient island, setting the stage for gourmet meals. The primary suite with a cozy reading nook, custom walk-in closet and ensuite bath is designed for relaxation. The unit's two stunningly appointed bathrooms both feature premium fixtures and pleasing wallpaper. Two additional bedrooms allow space for guests, an in-home office, or potential exercise/mediation room. Laurel Hill House offers the rare amenity of a guest suite within the building, providing private accommodations for your overnight visitors, ensuring their comfort and privacy. Enjoy the tranquil interior courtyard featuring a bubbling fountain, communal grill, and inviting seating areas—a perfect spot to socialize with neighbors or host gatherings. Stay active in the building's light-filled exercise room. Walk to local eateries, the VMFA, theaters, and parks embracing a vibrant urban lifestyle. This unique building boasts one of the area's most favorable HOA fees, providing exceptional value for the maintenance-free lifestyle it offers. Don't miss this rare opportunity to own a piece of Fan District history with all the comforts of modern luxury living.

Last Agent to Sell the Property

Ellen Hewit

Providence Hill Real Estate License #0225232928 Listed on: 06/12/2024

Last Buyer's Agent

Jenny Maraghy

Compass License #0225161742

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,892

Year Built

  • Built in 1931

HOA Fees

  • $702 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Recessed Lighting
  • Gas Fireplace
  • Dining Area
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Laurel Hill House Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-0613-032

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,892

Year Built

Built in 1931

Lot Details

0

HOA Fees

$702 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1931
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.04
  • Ownership: Individuals
  • Subdivision Name: Laurel Hill House Condo
  • Architectural Style: Colonial
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Full
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Dining Area, Double Vanity, Eat-in Kitchen, Fireplace, Granite Counters, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 1750.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Built-Up
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 701.64
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0613-032
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5892.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Sep 13, 2024
Sold by
Aviram Nathan and Aviram Andrea
Bought by
Chaney Mary Kathryn
Seller's Agent
Ellen Hewit
Providence Hill Real Estate
Buyer's Agent
Jenny Maraghy
Compass
List Price
$715,000
Sold Price
$675,000
Premium/Discount to List
-$40,000
-5.59%
Views
135
Current Estimated Value
$707,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,730
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 22, 2023
Sold by
Margaret G Lewis Revocable Trust
Bought by
Aviram Nathan and Aviram Andrea
Seller's Agent
Debbie Gibbs
The Steele Group
Buyer's Agent
Ellen Hewit
Providence Hill Real Estate
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Views
291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$553,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 13, 2022
Sold by
Kenley Gregory G
Bought by
Margaret G Lewis Revocable Trust
Seller's Agent
William Hamnett
Hamnett Properties
Buyer's Agent
Debbie Gibbs
The Steele Group
List Price
$549,950
Sold Price
$575,000
Premium/Discount to List
$25,050
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Apr 27, 2010
Sold by
Ukrop Robert S
Bought by
Kenley Gregory G and Stets Julie K

Purchase Details

Closed on
Jul 20, 2004
Sold by
Laurel Hill House
Bought by
Ukrop Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $675,000 Stewart Title
Warranty Deed $615,000 Title Resources Guaranty
Bargain Sale Deed $575,000 Old Republic National Title
Warranty Deed $345,000 --
Deed $415,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $553,500 New Conventional
Previous Owner $115,500 New Conventional
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $675,000 -1.5% $386 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $685,000 -4.2% $391 / Sq Ft
06/12/2024 06/12/24 For Sale $715,000 +16.3% $409 / Sq Ft
08/23/2023 08/23/23 Sold $615,000 -5.4% $351 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $650,000 +13.0% $371 / Sq Ft
05/27/2022 05/27/22 Sold $575,000 +4.6% $329 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $549,950 -- $314 / 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 $6,624 $552,000 $85,000 $467,000
2024 $5,892 $491,000 $85,000 $406,000
2023 $5,892 $491,000 $85,000 $406,000
2022 $5,220 $461,000 $85,000 $376,000
2021 $5,220 $461,000 $85,000 $376,000
2020 $5,220 $435,000 $91,000 $344,000
2019 $4,920 $410,000 $90,000 $320,000
2018 $4,416 $368,000 $90,000 $278,000
2017 $1,824 $355,000 $90,000 $265,000
2016 $3,060 $355,000 $90,000 $265,000
2015 $1,824 $340,000 $90,000 $250,000
2014 $1,824 $340,000 $90,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2415132

Central Virginia Regional MLS

APN: W000-0613-032