NOT LISTED FOR SALE

2418 E Franklin St Unit 104 Richmond, VA 23223

Church Hill Neighborhood

Estimated Value: $273,000 - $337,000

2 Beds
2 Baths
774 Sq Ft
$271/mo HOA Fee

Last Sold September 14, 2018

Last sale price $204,000 $264 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,046/month

5 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Granite Countertops
  • Open High School Rated A+
  • High Ceiling
  • 4-minute walk to Patrick Henry Park

About This Home

As of September 2018

Enjoy all RVA has to offer in this Church Hill Gables 2 Bedroom, 2 Bath Renovated Condo! This First Floor unit has a deeded GARAGE parking space, along with Lockable Storage area for Bicycles or other items. Enter from the Street or Garage, to a 2 Story (20 Foot) Family Room with laminate flooring, Double Crown Molding, New Windows w/Blinds, Fresh Paint, Open to Updated Kitchen with Granite tops, Custom 42" Cabinets, Under Cabinet Lighting, Stainless Steel Appliances (Dishwasher, Stove, Microwave and Fridge) Pendant lighting, Lazy Susan Corner Cabinet. Extra storage under Stairwell 2nd floor area including a pet door! 2 Bedrooms upstairs have skylights, New Carpet, Cfans, Custom Closet Organizers, Ceramic Tile & both have Full Baths with raised vanities. No worrying about parking with this Garage under the building with your very own deeded parking spot next to your door! Community Patio area out back offers a great place to unwind! Walk to Proper Pie for a pastry or walk your dog in Libbie Hill Park and when you need groceries, Farm Fresh is just a block away! Close to great restaurants as well as MCV/VCU campuses, expressways and the bus line.

Last Agent to Sell the Property

Tami Crouch

Virginia Capital Realty License #0225057647 Listed on: 08/05/2018

Virginia Capital Realty

Co-Listed By

Mike Peele

Virginia Capital Realty License #0225103960

Last Buyer's Agent

Sheri Collins

Shaheen Ruth Martin & Fonville License #0225224165

Shaheen Ruth Martin & Fonville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1925

Lot Details

  • 775

HOA Fees

  • $271 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 774 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Carpet
  • City Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Basement Storage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Additional Features

  • Back Yard Fenced
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number E000-0340-017

Community Details

Amenities

  • Common Area
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,764

Year Built

Built in 1925

Lot Details

0

HOA Fees

$271 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0178
  • Co List Office Mls Id: RCHM01
  • Co List Office Phone: 804-442-7577
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Basement: Interior Entry, Storage Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Granite Counters, High Ceilings
  • Living Area: 774.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, None
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

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

  • Community Features: Common Grounds/Area, Public Transportation, Storage Facilities
  • Amenities: Management
  • Association Fee: 270.82
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0340-017
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1764.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2018
Closed on
Aug 28, 2018
Sold by
Warren Charles Joseph
Bought by
Faruk Mohammad O and Faruk Mubarikah S
Seller's Agent
Tami Crouch
Virginia Capital Realty
Buyer's Agent
Sheri Collins
Shaheen Ruth Martin & Fonville
List Price
$209,950
Sold Price
$204,000
Premium/Discount to List
-$5,950
-2.83%
Total Days on Market
5
Current Estimated Value
$297,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,748
Avg. Annual Appreciation
5.75%
Original Mortgage
$163,200
Outstanding Balance
$143,772
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$153,976

Purchase Details

Listed on
Sep 23, 2013
Closed on
Dec 5, 2013
Sold by
Federal National Mortgage Association
Bought by
Warren Charles J
Seller's Agent
Brian Liggan
Virginia Capital Realty
Buyer's Agent
Stephen Carroll
EXP Realty LLC
List Price
$163,500
Sold Price
$153,000
Premium/Discount to List
-$10,500
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$148,410
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Galbes Church Hill
Bought by
Bacon Andrew N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

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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
Faruk Mohammad O $204,000 Attorney
Warren Charles J $153,000 --
Bacon Andrew N $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faruk Mohammad O $163,200
Previous Owner Warren Charles J $148,410
Previous Owner Bacon Andrew N $152,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $204,000 -2.8% $264 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/05/2018 08/05/18 For Sale $209,950 +37.2% $271 / Sq Ft
12/06/2013 12/06/13 Sold $153,000 -6.4% $198 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $163,500 -- $211 / 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 $2,340 $195,000 $40,000 $155,000
2024 $2,340 $195,000 $40,000 $155,000
2023 $2,244 $187,000 $40,000 $147,000
2022 $2,004 $167,000 $40,000 $127,000
2021 $2,004 $167,000 $40,000 $127,000
2020 $2,004 $167,000 $35,000 $132,000
2019 $1,944 $162,000 $35,000 $127,000
2018 $1,764 $147,000 $35,000 $112,000
2017 $1,764 $147,000 $35,000 $112,000
2016 $1,740 $145,000 $35,000 $110,000
2015 $1,683 $145,000 $35,000 $110,000
2014 $1,683 $145,000 $35,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1828098

Central Virginia Regional MLS

APN: E000-0340-017