NOT LISTED FOR SALE

Estimated Value: $197,000 - $335,000

1 Bed
1 Bath
654 Sq Ft
436 Sq Ft Lot

Last Sold June 29, 2015

Last sale price $119,000 $182 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,528/month

131 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 5-minute walk to Jefferson Park
  • Open High School Rated A+

About This Home

As of June 2015

Contemporary, loft-style, ground floor condo in historic area offers abundant night-life & convenient location. Sunny, open, airy floor plan with tall ceilings. Remodeled Kitchen and dining room combo with granite counter tops and stainless appliances. Wide wood plank floors throughout. Sunny living room with ceiling fan. Master bedroom with high ceiling. Large bathroom with walk in ceramic tile shower. Large walk in closet with stack washer/dryer that convey. Currently up-fitted for handicap, wheelchair access. In the heart of Shockoe Bottom. Walk to MCV, Shockoe Bottom entertainment, restaurants and more. HMS Home Warranty offered. **Rehab abatement credit on $145,000 assessment is a $1278 savings in 2014. Tax abatement in effect until 2018. INVESTORS WELCOME!

Last Agent to Sell the Property

Steve Lapkin

Long & Foster REALTORS License #0225074990 Listed on: 01/08/2015

Co-Listed By

Melanie Salken-Lapkin

Long & Foster REALTORS License #0225120997

Last Buyer's Agent

Steve Lapkin

Long & Foster REALTORS License #0225074990 Listed on: 01/08/2015

Property Details

Home Type

  • Condominium

Year Built

  • 1908

Lot Details

  • 436

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number E0000162043

Property Details

Home Type

Condominium

Year Built

1908

Lot Details

0

Listing Details

  • Restrictions: Assoc Restrictions
  • Structure: Brick
  • Price Per Finished Sq Ft: 181.96
  • Disability Equip: Entry Level Accessible Full Bath, Entry Level Accessible Kitchen, Entry Level Bedrooms
  • Home Warranty: HMS
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1908

Interior Features

  • Appliances Equipment: Dishwasher, Drop-In Range, Electric Cooking, Microwave, Stack Washer/Dryer
  • Flooring: Tile-Ceramic, Wood
  • Interior: 1st Floor Master Bedroom, Cathedral Ceiling, Ceiling Fan, Dining Area, Stack Wshr/Dryer Hookup, Walk-In Closet
  • Number of Rooms: 3
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Shower
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Frontage Road: 23
  • Roof: Asphalt, Shingled
  • Siding: Brick
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: No Garage
  • Parking: Off Street

Utilities

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

Association/Amenities

  • Amenities: Association, Professional Management

Fee Information

  • Fee: 149.00
  • Fee Description: Condo Association
  • Fee Includes: Exterior Maintenance, Management Fees, Reserves, Sewer, Water
  • Fee Period: Monthly

Lot Info

  • Zoning: B-5 Central Business
  • Parcel Number: E0000162043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2015
Closed on
Jun 24, 2015
Sold by
Bigwood Truste Katherine A and Anthony G Monteiro Revoc Famil Katherine A Bi
Bought by
Desai Arvid K
Seller's Agent
Steve Lapkin
Long & Foster REALTORS
Buyer's Agent
Steve Lapkin
Long & Foster REALTORS
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$259,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,762
Avg. Annual Appreciation
7.61%
Original Mortgage
$89,250
Outstanding Balance
$69,348
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$190,414

Purchase Details

Closed on
Apr 11, 2013
Sold by
Bigwood Trustee Katherine A
Bought by
Rickman Susan

Purchase Details

Closed on
Jan 18, 2006
Sold by
1901 East Broad Street As
Bought by
Green Bigwood Katherine Anne and Monteiro,Anthony Green

Purchase Details

Closed on
Oct 4, 2005
Sold by
Urban Development Assocs
Bought by
Bigwood Katherine Anne and Monteiro,Anthony G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Desai Arvid K $119,000 --
Rickman Susan $25,000 --
Green Bigwood Katherine Anne $25,000 --
Bigwood Katherine Anne $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Arvid K $89,250
Previous Owner Bigwood Katherine Anne $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Sold $119,000 0.0% $182 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $119,000 -- $182 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,148 $179,000 $40,000 $139,000
2024 $2,148 $179,000 $40,000 $139,000
2023 $2,076 $173,000 $40,000 $133,000
2022 $1,824 $152,000 $40,000 $112,000
2020 $1,704 $142,000 $30,000 $112,000
2019 $1,656 $138,000 $35,000 $103,000
2018 $1,264 $122,000 $35,000 $87,000
2017 $1,464 $122,000 $35,000 $87,000
2016 $853 $120,000 $35,000 $85,000
2015 -- $145,000 $35,000 $110,000
2014 -- $145,000 $35,000 $110,000
Source: Public Records

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Map

Source: Central Virginia Regional MLS

MLS Number: 1503293

Central Virginia Regional MLS

APN: E000-0162-043

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