NOT LISTED FOR SALE

1618 Park Ave Unit 2D Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $221,000 - $281,000

1 Bed
1 Bath
650 Sq Ft
436 Sq Ft Lot

Last Sold November 18, 2016

Last sale price $157,000 $242 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,477/month

Highlights

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

About This Home

As of November 2016

Welcome to "The Wellesley" at 1618 Park Avenue. Nestled in the heart of the Fan, this one bedroom, one bathroom condo has been freshly painted and is ready for its new owner. Located on the second floor, this unit features an open floor plan with hardwood floors throughout, beautiful kitchen with stainless appliances and granite, renovated bathroom and private balcony. Walking distance to so many popular Fan restaurants, including Kube Kuba, Balliceaux and Garnett's.

Last Agent to Sell the Property

Catherine Willis

Linchpin Real Estate Group LLC License #0225077973 Listed on: 08/09/2016

Last Buyer's Agent

Sarah Hutchinson

Real Broker LLC License #0225085797

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,280

Year Built

  • 1919

Lot Details

  • 436

Home Design

  • Flat Roof Shape
  • Metal Roof

Interior Spaces

  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W000-0666-073

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,280

Year Built

1919

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 241.54
  • Unit Placement: End Unit, Middle Level
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1919

Interior Features

  • Flooring: Wood
  • Number of Rooms: 4
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Shower
  • Basement Type: Tenant Storage
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Exterior: Deck
  • Roof: Flat, Metal
  • Siding: Stucco

Garage/Parking

  • Parking: On Street

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Association/Amenities

  • Management Firm: ACS West

Fee Information

  • Fee: 168.00
  • Fee Description: Condo Association
  • Fee Includes: Comm Ar Mnt, Community Utilities, Exterior Maintenance, Hot Water, Management Fees, Sewer, Snow Removal, Trash Removal, Water, Yard Maintenance
  • Fee Period: Monthly

Lot Info

  • Zoning: R-6
  • Parcel Number: W000-0666-073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
Aker Margot M and Aker Colin J
Bought by
Biggers Catherine
Current Estimated Value
$244,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,550
Outstanding Balance
$184,107
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$60,110

Purchase Details

Closed on
Aug 28, 2020
Sold by
Mcdonald Margot A
Bought by
Aker Margot M and Aker Colin J

Purchase Details

Listed on
Aug 9, 2016
Closed on
Nov 7, 2016
Sold by
Boyd Richard Mark and Boyd Jane A
Bought by
Mcdonald Margot A
Seller's Agent
Catherine Willis
Linchpin Real Estate Group LLC
Buyer's Agent
Sarah Hutchinson
Real Broker LLC
List Price
$174,900
Sold Price
$157,000
Premium/Discount to List
-$17,900
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$146,823
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
1618 Park Ave L L C
Bought by
Boyd Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
6.4%
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
Biggers Catherine $209,000 Law Offices Of Frederick J Hin
Aker Margot M -- None Available
Mcdonald Margot A $157,000 Attorney
Boyd Richard M $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biggers Catherine $198,550
Previous Owner Mcdonald Margot A $146,823
Previous Owner Boyd Richard Mark $105,360
Previous Owner Boyd Richard M $149,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $157,000 -7.6% $242 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
09/03/2016 09/03/16 Price Changed $169,900 -2.9% $261 / Sq Ft
08/18/2016 08/18/16 For Sale $174,900 0.0% $269 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $174,900 -- $269 / 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 $2,280 $190,000 $50,000 $140,000
2024 $2,280 $190,000 $50,000 $140,000
2023 $2,280 $190,000 $50,000 $140,000
2022 $2,280 $190,000 $50,000 $140,000
2021 $2,280 $190,000 $50,000 $140,000
2020 $2,090 $190,000 $40,000 $150,000
2019 $1,670 $179,000 $45,000 $134,000
2018 $1,450 $167,000 $45,000 $122,000
2017 $1,932 $161,000 $45,000 $116,000
2016 $1,080 $150,000 $45,000 $105,000
2015 $546 $170,000 $45,000 $125,000
2014 $546 $170,000 $45,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1627216

Central Virginia Regional MLS

APN: W000-0666-073