$230,000
SOLD MAY 2, 2025

1618 Park Ave Unit U2D Richmond, VA 23220

The Fan Neighborhood
1 Bed
1 Bath
650 Sq Ft
$390/mo HOA Fee

Recently Sold

$354 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

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

About This Home

As of May 2025

Charming 1 BR condo in the heart of the Fan! An oasis of natural light and historic charm awaits you. This updated second floor unit has a fresh coat of paint, hardwood floors, granite counters, and stainless kitchen appliances that all convey. The living room opens onto a private covered balcony. The bedroom includes plenty of closet space and an en-suite bath with washer/dryer combo unit. Additional locked and secure storage can be found in the basement. Parking in this block is by Permit Only and available through the City of Richmond. (With your permits you can get a guest pass for visitors as well.) And did we mention location? You're across the street from Kuba Kuba and just blocks from the VMFA, Garnett's, Beauvine Burger, and VCU. Get ready to enjoy Fan living at its finest!

Last Agent to Sell the Property

Greg Somerville

Shaheen Ruth Martin & Fonville Brokerage Email: info@srmfre.com License #0225252731 Listed on: 03/19/2025

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Drew Harrell

Real Broker LLC License #0225227552

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1919

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Basement
  • Basement Storage

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Rear Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-0666-073

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,280

Year Built

Built in 1919

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1919
  • Property Attached Yn: Yes
  • Attribution Contact: info@srmfre.com
  • Lot Size Acres: 0.014
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 650.0
  • Architectural Style: Low Rise
  • Entry Level: 2
  • 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: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Storage Space
  • Appliances: Dishwasher, Electric Water Heater, Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 650.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat, Metal
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Brick, Stucco
  • Patio And Porch Features: Balcony, Rear Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

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: 390.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0666-073
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2280.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Jan 6, 2022
Sold by
Aker Margot M and Aker Colin J
Bought by
Biggers Catherine
Seller's Agent
Wayne Gauthier
Joyner Fine Properties
Buyer's Agent
Greg Somerville
Shaheen Ruth Martin & Fonville
List Price
$224,950
Sold Price
$209,000
Premium/Discount to List
-$15,950
-7.09%
Current Estimated Value
$241,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,493
Original Mortgage
$198,550
Outstanding Balance
$184,107
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2020
Closed on
Aug 28, 2020
Sold by
Mcdonald Margot A
Bought by
Aker Margot M and Aker Colin J
Seller's Agent
Beth Adams
Joyner Fine Properties
Buyer's Agent
Beth Adams
Joyner Fine Properties
Sold Price
$1,280

Purchase Details

Closed on
Nov 7, 2016
Sold by
Boyd Richard Mark and Boyd Jane A
Bought by
Mcdonald Margot A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $209,000 Law Offices Of Frederick J Hin
Gift Deed -- None Available
Warranty Deed $157,000 Attorney
Warranty Deed $187,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,550 New Conventional
Previous Owner $146,823 New Conventional
Previous Owner $105,360 New Conventional
Previous Owner $149,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2025 05/02/25 Sold $230,000 +2.2% $354 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/30/2025 03/30/25 For Sale $225,000 +7.7% $346 / Sq Ft
01/14/2022 01/14/22 Sold $209,000 -0.5% $322 / Sq Ft View Prior Sale
12/11/2021 12/11/21 Pending -- -- --
11/04/2021 11/04/21 Price Changed $209,950 -2.3% $323 / Sq Ft
10/09/2021 10/09/21 Price Changed $214,950 -2.3% $331 / Sq Ft
09/22/2021 09/22/21 Price Changed $219,950 -2.2% $338 / Sq Ft
08/17/2021 08/17/21 For Sale $224,950 0.0% $346 / Sq Ft
08/28/2020 08/28/20 Rented $1,280 0.0% --
08/12/2020 08/12/20 For Rent $1,280 -- --
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: 2507001

Central Virginia Regional MLS

APN: W000-0666-073