NOT LISTED FOR SALE

1723 Hanover Ave Unit 5 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $813,968 - $895,000

3 Beds
2.5 Baths
2,250 Sq Ft
$600/mo HOA Fee

Last Sold April 03, 2020

Last sale price $750,000 $333 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,703/month

3 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Granite Countertops
  • Open High School Rated A+
  • Separate Formal Living Room
  • 3-minute walk to Lombardy & Park Avenue Triangle

About This Home

As of April 2020

One of the most unique and architecturally significant properties in Richmond! One level living on the top floor in The Sydney Condominiums, a beautiful converted church renovated into 7 condos in 2004. Enter through the private front entrance or use the elevator through the rear, the entire building is handicap accessible. The stunning dining room features cathedral uplit ceilings & gas fireplace. The light filled living room flows into the kitchen with new tile backsplash & painted cabinets, with all stainless steel appliances and gas cooking with Viking range. Spacious master bedroom overlooks Hanover & en suite is inside a turret with heated floors and Restoration Hardware fixtures. Two large guest bedrooms. Private patio with gas line for your grill & two assigned off street parking places and a guest spot. Exercise room and separate private storage on the lower floor. Whole unit has been extensively updated in recent years including: entire condo painted, renovation of both full baths, recessed lighting throughout condo, custom window treatments, and air purifier system. Walk to Kuba Kuba, Lombardy Market, and Hometeam Grill. This unit is a rare find and truly like no other!

Last Agent to Sell the Property

Jenny Maraghy

Compass License #0225161742 Listed on: 03/18/2020

Compass

Co-Listed By

Laura Roesser

Compass License #0225209116

Last Buyer's Agent

Monica Rawles

Shaheen Ruth Martin & Fonville License #0225093926

Shaheen Ruth Martin & Fonville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,784

Year Built

  • Built in 1920

Lot Details

  • 10,193

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity

Basement

  • Interior Basement Entry
  • Basement Storage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater

Additional Features

  • Accessible Elevator Installed
  • Side Porch

Community Details

  • Sydney Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number W0000732057

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,784

Year Built

Built in 1920

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1920
  • Property Attached Yn: Yes
  • Co List Office Mls Id: JOYN05
  • Co List Office Phone: 804-270-9440
  • Ownership: Individuals
  • Subdivision Name: Sydney Condos
  • Architectural Style: Other
  • Entry Level: 5
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Basement: Interior Entry, Storage Space
  • Appliances: Built-In Oven, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Range Hood, Stove, Wine Cooler
  • Accessibility Features: Accessible Elevator Installed
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Fireplace, Granite Counters, High Ceilings, Bath in Primary Bedroom, Pantry, Recessed Lighting
  • Living Area: 2250.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Patio And Porch Features: Side Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Gas, Insurance, Maintenance Structure, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W0000732057
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5784.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Wright William M and Wright Laura W
Bought by
Wright William Morgan and Wright Laura W
Current Estimated Value
$851,656

Purchase Details

Listed on
Mar 18, 2020
Closed on
Mar 31, 2020
Sold by
Beckwith Richard E and Beckwith Kristine M
Bought by
Wright William M and Wright Laura W
Seller's Agent
Jenny Maraghy
Compass
Buyer's Agent
Monica Rawles
Shaheen Ruth Martin & Fonville
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
Apr 14, 2015
Closed on
Sep 1, 2015
Sold by
Moon John C and Winshop Abigail
Bought by
Hollander Matt and Hollander Vandyke C
Seller's Agent
Jenny Maraghy
Compass
Buyer's Agent
Lori Lott
Long & Foster REALTORS
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$380,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Vaughn Dawn A
Bought by
Moon John C

Purchase Details

Closed on
Nov 19, 2008
Sold by
Crosthwaite Kevin Carlyle
Bought by
Vaughn Dawn Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,200
Interest Rate
6.49%
Mortgage Type
New Conventional
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
Wright William Morgan -- None Available
Wright William M $750,000 Attorney
Hollander Matt $475,000 None Available
Moon John C $462,500 --
Vaughn Dawn Alexis $529,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollander Matt $380,000
Previous Owner Vaughn Dawn Alexis $413,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2020 04/03/20 Sold $750,000 +7.3% $333 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $699,000 +47.2% $311 / Sq Ft
09/01/2015 09/01/15 Sold $475,000 -4.8% $211 / Sq Ft View Prior Sale
07/16/2015 07/16/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $499,000 -- $222 / 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 $7,740 $645,000 $125,000 $520,000
2024 $6,924 $577,000 $125,000 $452,000
2023 $6,924 $577,000 $125,000 $452,000
2022 $6,924 $577,000 $125,000 $452,000
2021 $6,132 $577,000 $125,000 $452,000
2020 $3,066 $511,000 $107,000 $404,000
2019 $5,784 $482,000 $100,000 $382,000
2018 $4,627 $447,000 $100,000 $347,000
2017 $5,160 $430,000 $100,000 $330,000
2016 $3,072 $430,000 $100,000 $330,000
2015 $1,680 $430,000 $100,000 $330,000
2014 $1,680 $450,000 $100,000 $350,000
Source: Public Records

Agents Affiliated with this Home

  • Jenny Maraghy

    Seller's Agent in 2020

    Jenny Maraghy

    Compass

    (804) 405-7337

    40 in this area

    860 Total Sales

    Jenny Maraghy
    Section Image
  • Laura Roesser

    Seller Co-Listing Agent in 2020

    Laura Roesser

    Compass

    (804) 475-8579

    2 in this area

    70 Total Sales

    Laura Roesser
    Section Image
  • Monica Rawles

    Buyer's Agent in 2020

    Monica Rawles

    Shaheen Ruth Martin & Fonville

    (804) 248-5437

    4 in this area

    77 Total Sales

    Monica Rawles
    Section Image

  • L

    Buyer's Agent in 2015

    Lori Lott

    Long & Foster

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2008310

Central Virginia Regional MLS

APN: W000-0732-057

Virginia Richmond City County Richmond 23220 The Fan

1723 Hanover Ave Unit 5, Richmond, VA

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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