$185,000
SOLD MAY 15, 2020

2418 E Franklin St Unit 114 Richmond, VA 23223

Church Hill Neighborhood
2 Beds
1 Bath
809 Sq Ft
$262/mo HOA Fee

Recently Sold

$229 Per Sq Ft

1 Day on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Outdoor Storage
  • Open High School Rated A+
  • Cooling Available
  • 4-minute walk to Patrick Henry Park

About This Home

As of August 2022

Looking for a condo within easy walking distance of all the fun things to do in Church Hill? This charming home in a fully renovated 1925 building is centrally located directly behind historic St. John's Church. Grocery shopping, the Virginia Capital Trail, parks, and did we mention restaurants, Restaurants, RESTAURANTS are all close by. Looking for a rental property? This condo is approved for all types of financing and is 100 percent move-in ready, also very attractive for 1st time home-owners. Looking for a weekend escape from DC? At this value, you couldn't ask for more. A dedicated parking spot and a wonderful outdoor living space (really? in a condo in Church Hill???) with a furnished patio and grills. Schedule a showing now before it's gone!

Last Agent to Sell the Property

Dexter Brown

The Wilson Group License #0225075173 Listed on: 04/08/2020

Co-Listed By

Dexter Brown

The Wilson Group License #0225230796

Last Buyer's Agent

Elizabeth McCormick

River Team Realty LLC License #0225220734

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1925

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 809 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Historic Home

Listing and Financial Details

  • Assessor Parcel Number E000-0340-027

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,016

Year Built

Built in 1925

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0186
  • Co List Office Mls Id: WILS01
  • Co List Office Phone: 888-706-0170
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Other
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Historic
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Dining Area, Granite Counters, Main Level Primary, Cable TV
  • Living Area: 809.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, No Garage, On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 262.03
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0340-027
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2016.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 5, 2022
Sold by
Weston Ashleen M
Bought by
Maser Sarah
Seller's Agent
Elizabeth McCormick
River Team Realty LLC
Buyer's Agent
Casey Widrig
EXP Realty LLC
List Price
$238,800
Sold Price
$300,000
Premium/Discount to List
$61,200
25.63%
Current Estimated Value
$295,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,484
Avg. Annual Appreciation
-0.32%
Original Mortgage
$247,000
Outstanding Balance
$237,112
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$59,927

Purchase Details

Listed on
Apr 8, 2020
Closed on
May 11, 2020
Sold by
Ashton Michael C and Ashton Emily L
Bought by
Weston Ashleen M
Seller's Agent
Dexter Brown
The Wilson Group
Buyer's Agent
Elizabeth McCormick
River Team Realty LLC
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.09%

Purchase Details

Listed on
May 10, 2016
Closed on
Feb 21, 2017
Sold by
Martin Samantha J
Bought by
Ashton Michael C and Ashton Emily L
Seller's Agent
Brad Ruckart
Real Broker LLC
Buyer's Agent
Dexter Brown
The Wilson Group
List Price
$179,900
Sold Price
$172,000
Premium/Discount to List
-$7,900
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$129,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2013
Closed on
Jul 11, 2013
Sold by
Eason Daniel E
Bought by
Martin Samantha J
Seller's Agent
Jeff Kendrick
Fathom Realty Virginia
Buyer's Agent
Stephanie Miller
New Market Realty
List Price
$154,950
Sold Price
$150,000
Premium/Discount to List
-$4,950
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$142,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Eason Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
Professional Foreclosure Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 27, 2007
Sold by
Church Hill Gables L L C
Bought by
Carter Nick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.27%
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 Type Sale Price Title Company
Deed $300,000 Westcor Land Title
Warranty Deed $179,450 Attorney
Warranty Deed $172,000 Stewart Lender Services
Warranty Deed $150,000 --
Special Warranty Deed $129,500 --
Trustee Deed $148,000 --
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Previous Owner $129,000 New Conventional
Previous Owner $142,500 New Conventional
Previous Owner $129,500 New Conventional
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $300,000 +25.6% $371 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $238,800 +29.1% $295 / Sq Ft
05/15/2020 05/15/20 Sold $185,000 0.0% $229 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $185,000 +7.6% $229 / Sq Ft
03/13/2017 03/13/17 Sold $172,000 -4.4% $213 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $179,900 0.0% $222 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
11/21/2016 11/21/16 Price Changed $179,900 -1.2% $222 / Sq Ft
10/25/2016 10/25/16 Price Changed $182,000 -4.2% $225 / Sq Ft
09/13/2016 09/13/16 For Sale $189,900 0.0% $235 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $189,900 +26.6% $235 / Sq Ft
07/15/2013 07/15/13 Sold $150,000 -3.2% $185 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
06/02/2013 06/02/13 For Sale $154,950 -- $192 / 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 $2,016 $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 $1,670 $150,000 $35,000 $115,000
2014 $1,670 $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: 2010778

Central Virginia Regional MLS

APN: E000-0340-027