NOT LISTED FOR SALE

2418 E Franklin St Unit 110 Richmond, VA 23223

Church Hill Neighborhood

Estimated Value: $222,000 - $363,000

1 Bed
1 Bath
690 Sq Ft
$262/mo HOA Fee

Last Sold June 20, 2024

Last sale price $272,500 $395 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,915/month

9 Days on Market

Highlights

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

About This Home

As of June 2024

This condo, located in the heart of Church Hill, is just a short distance from various restaurants, shops, parks, the VCU Medical campus, and the bus line while still being nestled away from the main road. A private entry through a beautiful, well-maintained fenced courtyard leads you inside, where you'll find a well-lit living space with custom built-ins, a mini fridge, wine storage, and a renovated kitchen with granite countertops. The hardwood floors are made of black walnut from historic Church Hill properties. The condo was designed to maximize space, with a loft upstairs that's perfect for an office or relaxing under the skylight. Downstairs, there's a bedroom with custom lighting and a large walk-in closet, along with a nicely renovated marble bathroom featuring heated floors. The dry crawl space offers additional storage options. Exiting through the back door provides direct access to secured garage parking and gated storage. The roof was replaced in 2018, HVAC in 2018, and water tank in 2019.

Last Agent to Sell the Property

Elexis Braxton Coleman

River Fox Realty License #0225256578 Listed on: 05/08/2024

Last Buyer's Agent

Krystal Evans

RE/MAX Commonwealth License #0225216468

RE/MAX Commonwealth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1925

Lot Details

  • Chain Link Fence

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Fire Rated Drywall

Interior Spaces

  • 690 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Crawl Space
  • Dryer

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Common Area
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number E000-0340-023

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,688

Year Built

Built in 1925

Lot Details

0

HOA Fees

$262 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.013
  • Ownership: Individuals
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 690.0
  • Architectural Style: Low Rise
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Disposal, Wine Cooler, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Granite Counters, High Ceilings, Walk-In Closet(s)
  • Living Area: 690.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Flat
  • Fencing: Chain Link, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Lighting, Storage
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Garage, Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association Fee: 261.56
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0340-023
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2688.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 11, 2024
Sold by
Husson Nancy Mayhew
Bought by
Anderson Whitney June
Seller's Agent
Elexis Braxton Coleman
River Fox Realty
Buyer's Agent
Krystal Evans
RE/MAX Commonwealth
List Price
$285,000
Sold Price
$272,500
Premium/Discount to List
-$12,500
-4.39%
Views
50
Current Estimated Value
$274,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,560
Avg. Annual Appreciation
0.36%
Original Mortgage
$242,500
Outstanding Balance
$239,447
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$34,613

Purchase Details

Closed on
Feb 23, 2024
Sold by
Husson Nancy Mayhew
Bought by
Husson Nancy Mayhew and Friedberg Ryan Isaac

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jun 25, 2019
Sold by
Cossaboon Kenneth
Bought by
Husson Nancy Mayhew
Seller's Agent
Amy Beem
Samson Properties
Buyer's Agent
Hope Egan
Fathom Realty Virginia
List Price
$199,000
Sold Price
$196,000
Premium/Discount to List
-$3,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$186,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2015
Closed on
Jan 12, 2016
Sold by
Davis Preston
Bought by
Cossaboon Kenneth
Seller's Agent
Diane Moeller
United Real Estate Richmond
Buyer's Agent
Diane Moeller
United Real Estate Richmond
List Price
$135,000
Sold Price
$145,000
Premium/Discount to List
$10,000
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$130,500
Interest Rate
3.98%
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
Anderson Whitney June $272,500 Chicago Title
Husson Nancy Mayhew -- None Listed On Document
Husson Nancy Mayhew $196,000 First Title & Escrow Inc
Cossaboon Kenneth $145,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Whitney June $242,500
Previous Owner Husson Nancy Mayhew $186,200
Previous Owner Cossaboon Kenneth $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2024 06/20/24 Sold $272,500 -4.4% $395 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $285,000 +45.4% $413 / Sq Ft
07/12/2019 07/12/19 Sold $196,000 -1.5% $296 / Sq Ft View Prior Sale
06/12/2019 06/12/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $199,000 +37.2% $300 / Sq Ft
01/20/2016 01/20/16 Sold $145,000 +7.4% $258 / Sq Ft View Prior Sale
12/08/2015 12/08/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $135,000 -- $240 / 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 $2,808 $234,000 $40,000 $194,000
2024 $2,808 $234,000 $40,000 $194,000
2023 $2,688 $224,000 $40,000 $184,000
2022 $2,400 $200,000 $40,000 $160,000
2020 $2,400 $200,000 $42,000 $158,000
2019 $1,740 $145,000 $35,000 $110,000
2018 $1,584 $132,000 $35,000 $97,000
2017 $1,584 $132,000 $35,000 $97,000
2016 $1,560 $130,000 $35,000 $95,000
2015 $1,378 $130,000 $35,000 $95,000
2014 $1,378 $130,000 $35,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2411761

Central Virginia Regional MLS

APN: E000-0340-023