NOT LISTED FOR SALE

Estimated Value: $211,000 - $267,000

1 Bed
1 Bath
735 Sq Ft
$231/mo HOA Fee

Last Sold March 07, 2024

Last sale price $235,000 $320 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,783/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Granite Countertops
  • Open High School Rated A+
  • Steam Shower
  • 4-minute walk to Jefferson Park

About This Home

As of March 2024

Discover Urban living at its finest! This 1 bed 1 bath condo sits in the heart of Shockoe Bottom. Located on the ground floor, this unit has its own direct entrance providing maximum ease of access. You will relish the convenience of living within walking distance to some of Richmond’s best restaurants, shopping, and VCU’s campus. Upon entering the home you will immediately notice the open floor plan and the sleek updated tile flooring throughout. The modern bathroom also features a luxurious, upgraded glass shower enclosure. You won’t want to miss out on this beautiful modern home! Embrace the city life in style!

Last Agent to Sell the Property

John O'Connor

Virginia Capital Realty License #0225248721 Listed on: 01/30/2024

Virginia Capital Realty

Last Buyer's Agent

Shana Magliacano

ERA Woody Hogg & Assoc License #0225255802

ERA Woody Hogg & Assoc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 1908

Lot Details

  • 741

HOA Fees

  • $231 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Metal Roof

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Steam Shower

Schools

  • Bellevue Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Shockoe Valley Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number E000-0162-038

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,160

Year Built

Built in 1908

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1908
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Shockoe Valley Lofts
  • Above Grade Finished Sq Ft: 735.0
  • Architectural Style: Contemporary, Modern
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Bedroom on Main Level, Granite Counters, Main Level Primary, Recessed Lighting, Steam Shower, Walk-In Closet(s)
  • Living Area: 735.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Metal, Slate
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall
  • Property Condition: Resale

Utilities

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

Condo/Co-op/Association

  • Association Fee: 231.3
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Sewer, Water

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0162-038
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2160.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 4, 2024
Sold by
Mcclung Charles W
Bought by
Bailey Adam R
Seller's Agent
John O'Connor
Virginia Capital Realty
Buyer's Agent
Shana Magliacano
ERA Woody Hogg & Assoc
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Views
60
Current Estimated Value
$247,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,345
Avg. Annual Appreciation
3.89%
Original Mortgage
$135,000
Outstanding Balance
$128,761
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$118,584

Purchase Details

Closed on
Mar 17, 2020
Sold by
Sethi Ashish
Bought by
Mcclung Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Hewitt Associates Llc
Bought by
Sethi Ashish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2008
Sold by
Zimmerman Joseph R
Bought by
Hewitt Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Wojdyla David M
Bought by
Zimmerman Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.06%
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
Bailey Adam R $235,000 Old Republic National Title
Mcclung Charles W $165,000 First American Title
Sethi Ashish $140,000 --
Hewitt Associates Llc $140,000 --
Zimmerman Joseph R $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Adam R $135,000
Previous Owner Mcclung Charles W $160,050
Previous Owner Sethi Ashish $38,611
Previous Owner Sethi Ashish $112,000
Previous Owner Zimmerman Joseph R $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $235,000 -2.0% $320 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $239,900 +45.4% $326 / Sq Ft
03/17/2021 03/17/21 Sold $165,000 +3.2% $224 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $159,950 -- $218 / 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 $2,232 $186,000 $40,000 $146,000
2024 $2,232 $186,000 $40,000 $146,000
2023 $2,160 $180,000 $40,000 $140,000
2022 $1,896 $158,000 $40,000 $118,000
2021 $1,776 $158,000 $40,000 $118,000
2020 $888 $148,000 $31,000 $117,000
2019 $1,728 $144,000 $35,000 $109,000
2018 $1,312 $127,000 $35,000 $92,000
2017 $1,524 $127,000 $35,000 $92,000
2016 $877 $125,000 $35,000 $90,000
2015 $462 $115,000 $35,000 $80,000
2014 $462 $115,000 $35,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2402395

Central Virginia Regional MLS

APN: E000-0162-038