NOT LISTED FOR SALE

2418 E Franklin St Unit 202 Richmond, VA 23223

Church Hill Neighborhood

Estimated Value: $334,000 - $365,000

2 Beds
2 Baths
1,010 Sq Ft
$370/mo HOA Fee

Last Sold October 28, 2021

Last sale price $297,500 $295 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,492/month

3 Days on Market

Highlights

  • City View
  • High Ceiling
  • Eat-In Kitchen
  • Open High School Rated A+
  • Granite Countertops
  • 4-minute walk to Patrick Henry Park

About This Home

As of October 2021

Remarkable & pristine offering w/ city views and an abundance of natural light! Located in its own two unit wing, #202 offers the peace, tranquility & replacement windows rarely found in an historic condo. Boasting of charm & storage while offering functional living space, the extremely large primary w/exposed bricks & multiple windows has plenty of room for a seating area & features a large walk-in closet w/ensuite bath. The second oversized bedroom has a dbl closet & is adjacent to a spacious full bath. The well designed kitchen is sleek & modern & a cooks delight with granite countertops/GE appliances. The eat-in area is adjacent. Unit has a new hot water heater & features a KEVO door lock. Assigned garage parking(#10) in the basement (off E. Franklin) is secured w/ an oversized lock storage locker. A fenced, communal park-like courtyard provides comfortable outdoor space to enjoy. The Board is actively committed in keeping the Gables a top-notched community. The entire roof was replaced with a white rolled membrane adding addition insulation & protection for the years to come. A block from CVS, Farm Fresh, The Puise, restaurants, bars & of course, St. John's Church.

Last Agent to Sell the Property

Patrick McCrerey

Pick Patrick Realty License #0225040785 Listed on: 09/15/2021

Last Buyer's Agent

Gayle Peace

Liz Moore & Associates License #0225223061

Liz Moore & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,568

Year Built

  • Built in 1925

Lot Details

  • Partially Fenced Property

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Laminate Flooring
  • City Views
  • Basement
  • Basement Storage

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number E000-0340-030

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,568

Year Built

Built in 1925

Lot Details

0

HOA Fees

$370 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0232
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Basement: Garage Access, Storage Space
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Cable TV
  • Living Area: 1010.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat, Other, Rubber
  • Fencing: Partial
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Block
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Basement, Garage Door Opener, Off Street, On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 370.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Reserve Fund, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0340-030
  • Zoning Description: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2568.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 23, 2021
Sold by
Vita-Finzi Marco and Vita-Finzi Elizabeth
Bought by
Allen Meredith
Seller's Agent
Patrick McCrerey
Pick Patrick Realty
Buyer's Agent
Gayle Peace
Liz Moore & Associates
List Price
$297,500
Sold Price
$297,500
Total Days on Market
3
Current Estimated Value
$352,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,831
Avg. Annual Appreciation
4.77%
Original Mortgage
$288,575
Outstanding Balance
$266,556
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$85,775

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 8, 2018
Sold by
Butler William B and Butler Judy F
Bought by
Vita-Finzi Marco and Vita-Finzi Elizabeth
Seller's Agent
Karen Berkness
The Steele Group
Buyer's Agent
Patrick McCrerey
Pick Patrick Realty
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$145,000
Interest Rate
4.38%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Sep 12, 2012
Closed on
Sep 21, 2012
Sold by
White Robyn T
Bought by
Butler William B
Seller's Agent
Clayton Gits
Real Broker LLC
Buyer's Agent
Karen Berkness
The Steele Group
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
May 14, 2008
Sold by
Gables Church Hill
Bought by
White Robyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
5.91%
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
Allen Meredith $297,500 Attorney
Vita-Finzi Marco $215,000 Attorney
Butler William B $170,000 --
White Robyn T $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Meredith $288,575
Previous Owner Vita-Finzi Marco $145,000
Previous Owner White Robyn T $230,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $297,500 0.0% $295 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $297,500 +38.4% $295 / Sq Ft
03/29/2018 03/29/18 Sold $215,000 0.0% $213 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $215,000 +26.5% $213 / Sq Ft
10/15/2012 10/15/12 Sold $170,000 -2.9% $168 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $175,000 -- $173 / 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 $3,024 $252,000 $40,000 $212,000
2024 $3,024 $252,000 $40,000 $212,000
2023 $2,892 $241,000 $40,000 $201,000
2022 $2,568 $214,000 $40,000 $174,000
2021 $2,568 $214,000 $40,000 $174,000
2020 $2,568 $214,000 $45,000 $169,000
2019 $2,496 $208,000 $35,000 $173,000
2018 $2,256 $188,000 $35,000 $153,000
2017 $2,256 $188,000 $35,000 $153,000
2016 $2,220 $185,000 $35,000 $150,000
2015 $2,218 $185,000 $35,000 $150,000
2014 $2,218 $185,000 $35,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2128411

Central Virginia Regional MLS

APN: E000-0340-030