NOT LISTED FOR SALE

2418 E Franklin St Unit 102 Richmond, VA 23223

Church Hill Neighborhood

Estimated Value: $283,000 - $354,000

2 Beds
2 Baths
843 Sq Ft
$280/mo HOA Fee

Last Sold December 31, 2018

Last sale price $192,000 $228 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,123/month

113 Days on Market

Highlights

  • High Ceiling
  • Granite Countertops
  • Built-In Features
  • Open High School Rated A+
  • 1 Car Attached Garage
  • 4-minute walk to Patrick Henry Park

About This Home

As of December 2018

Welcome to The Church Hill Gables, an upscale condo community located on 25th and Franklin ST where you are blocks from VCU/MCV, great entertainment, restaurants and parks. This first floor condo is the largest in the community currently for sale. It features two bedrooms and two bathrooms in a comfortable living space. Totally rebuilt in 2008 and featuring indoor garage parking, a new HVAC unit, the unit is in excellent shape. In addition to the above features, the unit has a private storage in the garage and a 16x22 area under the bedrooms. Walk in from the covered garage or Franklin ST. Living room features 20' ceilings with laminate floors, crown molding, ceiling fan and south west facing windows offers much light throughout the day. The Kitchen has 42"cabinets with tile backsplash and SS Appliances with a breakfast bar,built-in shelving and granite counters. Bedrooms both have private bathrooms, skylights, hardwood floors, skylights, ceilings fans. Both bathrooms have tile floors,enlarged vanity with plenty of counter top space,tub/shower and additional cabinetry for added storage!

Last Agent to Sell the Property

Matt Jarreau

Hometown Realty License #0225175691 Listed on: 08/11/2018

Last Buyer's Agent

Tami Crouch

Virginia Capital Realty License #0225057647

Virginia Capital Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1925

Lot Details

  • 845

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Pitched Roof
  • Rubber Roof

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Basement Storage
  • Home Security System

Kitchen

  • Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Stoop

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number E000-0340-015

Community Details

Overview

  • Low-Rise Condominium

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,824

Year Built

Built in 1925

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0194
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement: Storage Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Smooth Cooktop, Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Cable TV
  • Living Area: 843.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Pitched, Rubber
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block
  • Exterior Features: Storage, Shed
  • Foundation Details: Slab
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener, Storage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0340-015
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1824.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Dec 12, 2018
Sold by
Shahidi Parham
Bought by
Mahon Lawrence J
Seller's Agent
Matt Jarreau
Hometown Realty
Buyer's Agent
Tami Crouch
Virginia Capital Realty
List Price
$189,950
Sold Price
$192,000
Premium/Discount to List
$2,050
1.08%
Total Days on Market
113
Current Estimated Value
$309,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,550
Avg. Annual Appreciation
7.67%
Original Mortgage
$153,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 28, 2013
Sold by
Carlos Francisco T
Bought by
Shahidi Parham
Seller's Agent
Lawrence Terry
Let Properties
Buyer's Agent
J.C. Thatcher
Keller Williams Realty
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$128,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Mahon Lawrence J $192,000 Attorney
Shahidi Parham $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahon Lawrence J $150,845
Closed Mahon Lawrence J $155,000
Closed Mahon Lawrence J $153,600
Previous Owner Shahidi Parham $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $192,000 0.0% $228 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
10/18/2018 10/18/18 Off Market $192,000 -- --
09/25/2018 09/25/18 For Sale $189,950 0.0% $225 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $189,950 -4.0% $225 / Sq Ft
08/23/2018 08/23/18 Price Changed $197,950 -1.0% $235 / Sq Ft
08/20/2018 08/20/18 Price Changed $199,950 -4.8% $237 / Sq Ft
08/11/2018 08/11/18 For Sale $209,950 +31.2% $249 / Sq Ft
05/31/2013 05/31/13 Sold $160,000 0.0% $178 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $160,000 -- $178 / 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 $2,412 $201,000 $40,000 $161,000
2024 $2,412 $201,000 $40,000 $161,000
2023 $2,316 $193,000 $40,000 $153,000
2022 $2,076 $173,000 $40,000 $133,000
2021 $2,076 $173,000 $40,000 $133,000
2020 $2,076 $173,000 $36,000 $137,000
2019 $1,008 $168,000 $35,000 $133,000
2018 $1,824 $152,000 $35,000 $117,000
2017 $1,824 $152,000 $35,000 $117,000
2016 $1,800 $150,000 $35,000 $115,000
2015 $1,662 $150,000 $35,000 $115,000
2014 $1,662 $150,000 $35,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1828639

Central Virginia Regional MLS

APN: E000-0340-015