NOT LISTED FOR SALE

1618 Park Ave Unit 3B Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $309,913 - $345,000

2 Beds
1 Bath
779 Sq Ft
741 Sq Ft Lot

Last Sold July 16, 2015

Last sale price $205,000 $263 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,918/month

Highlights

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

About This Home

As of July 2015

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. This particular unit is located on the third floor, facing beautiful Park Avenue – with an uncovered front porch perfect for catching some rays! Inside, the unit is completely renovated with a living room open to a kitchen through a breakfast bar. The kitchen has new cabinetry, tile floor, granite counter tops and stainless steel appliances. Two bedrooms and one full, renovated bath, make up the private spaces of this condo. This unit has one deeded parking space in the rear and a locked storage area in the basement. 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: 05/05/2015

The Steele Group

Last Buyer's Agent

Lyndsay Jones

Real Broker LLC License #0225187478

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,700

Year Built

  • 1919

Lot Details

  • 741

Home Design

  • Flat Roof Shape
  • Metal Roof

Interior Spaces

  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W0000666075

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,700

Year Built

1919

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 263.16
  • Unit Placement: Top Level
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1919

Interior Features

  • Appliances Equipment: Dishwasher, Microwave
  • Flooring: Wood
  • Interior: 1st Floor Bedroom, 1st Floor Master Bedroom, 9 Ft + Ceilings, Ceiling Fan
  • Number of Rooms: 5
  • Total Bedrooms: 2
  • 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

  • Porch: Balcony, Rear
  • Roof: Flat, Metal
  • Siding: Brick, Stucco

Utilities

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

Association/Amenities

  • Amenities: Association

Fee Information

  • Fee: 180.00
  • Fee Description: Condo Association
  • Fee Includes: Exterior Maintenance, Sewer, Trash Removal, Water
  • Fee Period: Monthly

Lot Info

  • Zoning: R-6 Single Family Attached
  • Parcel Number: W0000666075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Ly Brian Quan
Bought by
Makkar Steven
Current Estimated Value
$321,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Outstanding Balance
$216,020
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$105,208

Purchase Details

Closed on
Jun 10, 2022
Sold by
Kazarian Elizabeth A
Bought by
Ly Brian Quan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Muasher Suheil J
Bought by
Rashid Ali M
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
Makkar Steven $290,000 None Listed On Document
Ly Brian Quan $288,400 First American Title
Rashid Ali M $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makkar Steven $222,000
Previous Owner Ly Brian Quan $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2015 07/16/15 Sold $205,000 -4.7% $263 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
05/05/2015 05/05/15 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 $2,438 $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

  • Jennie Barrett Shaw

    Seller's Agent in 2015

    Jennie Barrett Shaw

    The Steele Group

    (804) 399-9190

    3 in this area

    134 Total Sales

    Jennie Barrett Shaw
    Section Image
  • Lyndsay Jones

    Buyer's Agent in 2015

    Lyndsay Jones

    Real Broker LLC

    (804) 205-6027

    3 in this area

    208 Total Sales

    Lyndsay Jones
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1512705

Central Virginia Regional MLS

APN: W000-0666-075

Virginia Richmond City County Richmond 23220 The Fan

1618 Park Ave Unit 3B, Richmond, VA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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