NOT LISTED FOR SALE

2418 E Franklin St Unit 111 Richmond, VA 23223

Church Hill Neighborhood

Estimated Value: $212,000 - $301,000

1 Bed
1 Bath
566 Sq Ft
$209/mo HOA Fee

Last Sold January 06, 2022

Last sale price $175,000 $309 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,709/month

5 Days on Market

Highlights

  • City View
  • Deck
  • High Ceiling
  • Open High School Rated A+
  • Main Floor Bedroom
  • 4-minute walk to Patrick Henry Park

About This Home

As of January 2022

Looking for a secure & comfortable condo in Church Hill? Come see Church Hill Gables on E. Franklin Street located in the desirable historic neighborhood of Church Hill. This one bedroom, one bath condo is situated in the perfect location for anyone looking to walk to wonderful restaurants, shops and charming outdoor parks. This condo features stainless steel appliances, granite countertops throughout the kitchen, a large main bedroom located on the first floor along with a spacious master bath. The condo also includes an attached garage with one deeded parking spot and assigned, locked storage-- amenities that are very hard to find in the city. If safety is a concern, this place is for you. Simply pull into the garage and walk right into your condo without stepping foot outside. A beautiful fenced in patio is located at the rear entrance of the building that is perfect for relaxing with friends anytime of the year. With a walk score of 91, this location is perfect for city living and this condo is an absolute must see!

Last Agent to Sell the Property

Christopher Small

Small & Associates License #0225108723 Listed on: 11/17/2021

Last Buyer's Agent

Wilnette Wiley

The Wilson Group License #0225241239

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1925

Lot Details

  • Partially Fenced Property

HOA Fees

  • $209 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 566 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Dining Area
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Induction Cooktop
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number E000-0340-024

Community Details

Overview

  • Maintained Community

Amenities

  • Community Deck or Porch
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,788

Year Built

Built in 1925

Lot Details

0

HOA Fees

$209 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
  • Architectural Style: Low Rise
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Appliances: Dryer, Dishwasher, Electric Cooking, Oven, Refrigerator, Smooth Cooktop, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Ceiling Fan(s), Dining Area, Granite Counters, High Ceilings, Bath in Primary Bedroom
  • Living Area: 566.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: Fenced, Partial
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Storage
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Direct Access, Garage Door Opener, Off Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deck/Porch, Home Owners Association, Maintained Community, Storage Facilities
  • Association Fee: 208.55
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0340-024
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1788.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 23, 2021
Sold by
Arritt Diane and The Diane Arritt Revocable Liv
Bought by
Jones Andrew W
Seller's Agent
Christopher Small
Small & Associates
Buyer's Agent
Wilnette Wiley
The Wilson Group
List Price
$159,950
Sold Price
$175,000
Premium/Discount to List
$15,050
9.41%
Current Estimated Value
$240,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,311
Avg. Annual Appreciation
9.44%
Original Mortgage
$157,500
Outstanding Balance
$145,794
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$95,919

Purchase Details

Closed on
Apr 4, 2011
Sold by
Fulton Bank
Bought by
Arritt Diane

Purchase Details

Closed on
Jun 25, 2010
Sold by
Mcduffie Leon D
Bought by
Fulton Bank

Purchase Details

Closed on
Jul 30, 2007
Sold by
Church Hill Gables Llc
Bought by
Mcduffie Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jones Andrew W $175,000 Dominion Capital Title
Arritt Diane $90,000 --
Fulton Bank $171,945 --
Mcduffie Leon $171,950 --
Mcduffie Leon D $171,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Andrew W $157,500
Previous Owner Mcduffie Leon D $171,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $175,000 +9.4% $309 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $159,950 0.0% $283 / Sq Ft
09/28/2017 09/28/17 Rented $1,095 0.0% --
09/21/2017 09/21/17 Under Contract -- -- --
08/03/2017 08/03/17 For Rent $1,095 +22.3% --
08/19/2015 08/19/15 Rented $895 0.0% --
07/20/2015 07/20/15 Under Contract -- -- --
07/02/2015 07/02/15 For Rent $895 -- --
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 $2,076 $173,000 $40,000 $133,000
2024 $2,076 $173,000 $40,000 $133,000
2023 $1,992 $166,000 $40,000 $126,000
2022 $1,788 $149,000 $40,000 $109,000
2021 $1,788 $149,000 $40,000 $109,000
2020 $1,788 $149,000 $31,000 $118,000
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 $1,440 $130,000 $35,000 $95,000
2014 $1,440 $130,000 $35,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2133844

Central Virginia Regional MLS

APN: E000-0340-024