NOT LISTED FOR SALE

1618 Park Ave Unit 3A Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $306,270 - $353,000

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

Last Sold June 14, 2016

Last sale price $225,000 $289 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,150/month

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Balcony
  • Open High School Rated A+
  • Granite Countertops
  • 2-minute walk to Lombardy & Park Avenue Triangle

About This Home

As of June 2016

Fabulous 3rd floor condo in the Heart of the Fan facing Park Ave and a fantastic southern sky exposure. This property offers the best location in the Fan - within walking distance of VCU, restaurants, great little pocket park and Kuba Kuba for some of the best Cuban food in the city. Park Ave is probably one of the best residential streets in the fan and this gem is located close to the corner of Lombardy and Park. This great building is made up of only 12 condos,"The Wellesley" and this unit has a great dedicated parking spot right out the back door and locked storage in the basement. Park and leave your car and never have to drive! This unit is competely renovated with: hardwood floors throughout, ceiling fans in all the rooms, updated kitchen with stainless steel appliances and granite counter tops, fresh paint throughout, and a great bath with shower/tile floor/washer&dryer. The large living room/family room is open to the kitchen with a breakfast bar separating the 2 spaces. The Condo Association provides water, sewer, trash, and building maintenance for peace of mind! What a great gem in the heart of the city. You really owe it to yourself to come check this cool condo out!

Last Agent to Sell the Property

Curt Reichstetter

Two Dog Realty License #0225078136 Listed on: 05/10/2016

Co-Listed By

Ali Poore

Compass License #0225221483

Last Buyer's Agent

Ann Scott Kelly

Shaheen Ruth Martin & Fonville License #0225075697

Shaheen Ruth Martin & Fonville

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
  • Fire Rated Drywall
  • Metal Roof
  • Stucco

Interior Spaces

  • 779 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Track Lighting

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Home Security

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W000-0666-074

Community Details

Overview

  • Maintained Community

Amenities

  • Community Storage Space

Security

  • Storm Windows
  • Storm Doors

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
  • Lot Size Acres: 0.017
  • Co List Office Mls Id: JOYN01
  • Co List Office Phone: 804-270-9440
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Mid 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: Ceramic Tile, Wood
  • Basement: Full, Storage Space
  • Appliances: Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Speed Internet, Track Lighting, Cable TV, Wired for Data
  • Living Area: 779.0
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat, Metal
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Stucco
  • Exterior Features: Deck
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Maintained Community, Storage Facilities
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Hot Water, Insurance, Maintenance Structure

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0666-074
  • Zoning Description: R-6
  • 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

Closed on
Jul 21, 2020
Sold by
Smith Sarah T
Bought by
Gabriel Sarah
Current Estimated Value
$331,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Outstanding Balance
$195,888
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$135,180

Purchase Details

Listed on
May 10, 2016
Closed on
Jun 2, 2016
Sold by
Perez Morganne V
Bought by
Smith Sarah T
Seller's Agent
Curt Reichstetter
Two Dog Realty
Buyer's Agent
Ann Scott Kelly
Shaheen Ruth Martin & Fonville
List Price
$224,950
Sold Price
$225,000
Premium/Discount to List
$50
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$213,750
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2013
Closed on
Aug 6, 2013
Sold by
Harris Christopher D
Bought by
Perez Morganne V
Seller's Agent
Lisa Overton
Oakstone Properties
Buyer's Agent
Elizabeth Sullivan
Long & Foster REALTORS
List Price
$199,900
Sold Price
$198,500
Premium/Discount to List
-$1,400
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
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
Gabriel Sarah $245,000 Dominion Capital Title
Smith Sarah T $225,000 Attorney
Perez Morganne V $198,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabriel Sarah $220,500
Previous Owner Smith Sarah T $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2016 06/14/16 Sold $225,000 0.0% $289 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $224,950 +13.3% $289 / Sq Ft
08/12/2013 08/12/13 Sold $198,500 -0.7% $254 / Sq Ft View Prior Sale
07/12/2013 07/12/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $199,900 -- $256 / 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 $2,438 $225,000 $47,000 $178,000
2019 $2,054 $212,000 $45,000 $167,000
2018 $1,738 $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: 1615760

Central Virginia Regional MLS

APN: W000-0666-074