NOT LISTED FOR SALE

1618 Park Ave Unit 1B Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $289,000 - $353,000

2 Beds
1 Bath
779 Sq Ft
$180/mo HOA Fee

Last Sold April 12, 2016

Last sale price $218,150 $280 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,082/month

3 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Ceiling Fan
  • Open High School Rated A+
  • Central Air
  • 2-minute walk to Lombardy & Park Avenue Triangle

About This Home

As of April 2016

Welcome to this light and bright first floor unit, facing beautiful Park Avenue - and yes, one of those porches could be yours! This enchanting 12-unit condominium, The "Wellesley” is located on gorgeous Park Avenue, near Lombardy. Walk to Kuba Kuba from this well-appointed, affordable location. Inside, the unit is completely renovated with a living room open to a kitchen through a breakfast bar. The kitchen is renovated with granite counter tops, tile backsplash, and stainless steel appliances. Two bedrooms and one full, also renovated bath, make up the private spaces of this condo. This unit has one deeded parking space in the rear and the HOA includes water, sewer, trash, and building maintenance -- offering affordability, ease, and convenience! Live the city life in perfect style!

Last Agent to Sell the Property

Jennie Barrett Shaw

The Steele Group License #0225063708 Listed on: 03/02/2016

The Steele Group

Last Buyer's Agent

Jeannette Mock

Joyner Fine Properties License #0225083042

Joyner Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1919

Lot Details

  • 741

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 779 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Flooring
  • Basement
  • Basement Storage

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W0000666067

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,320

Year Built

Built in 1919

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1919
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Storage Space
  • Appliances: Dishwasher, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), High Ceilings, Main Level Primary
  • Living Area: 779.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

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

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

  • Community Features: Home Owners Association
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W0000666067
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1320.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Mar 24, 2016
Sold by
Rashid Omar and Rashid Marina
Bought by
Cox David and Cox Melissa
Seller's Agent
Jennie Barrett Shaw
The Steele Group
Buyer's Agent
Jeannette Mock
Joyner Fine Properties
List Price
$215,000
Sold Price
$218,150
Premium/Discount to List
$3,150
1.47%
Current Estimated Value
$318,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,197
Avg. Annual Appreciation
4.01%
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
Cox David $218,150 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold $218,150 +1.5% $280 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $215,000 -- $276 / 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 $2,700 $225,000 $50,000 $175,000
2024 $2,700 $225,000 $50,000 $175,000
2023 $2,700 $225,000 $50,000 $175,000
2022 $2,700 $225,000 $50,000 $175,000
2021 $2,700 $225,000 $50,000 $175,000
2020 $2,177 $225,000 $47,000 $178,000
2019 $1,810 $212,000 $45,000 $167,000
2018 $1,529 $197,000 $45,000 $152,000
2017 $2,280 $190,000 $45,000 $145,000
2016 $1,320 $177,000 $45,000 $132,000
2015 $1,320 $195,000 $45,000 $150,000
2014 $1,320 $195,000 $45,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1605835

Central Virginia Regional MLS

APN: W000-0666-067