NOT LISTED FOR SALE

2501 E Franklin St Unit 6 Richmond, VA 23223

Shockoe Bottom Neighborhood

Estimated Value: $349,905 - $379,000

2 Beds
2 Baths
1,251 Sq Ft
1,263 Sq Ft Lot

Last Sold May 23, 2013

Last sale price $250,000 $200 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,228/month

378 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 3-minute walk to Patrick Henry Park
  • Open High School Rated A+

About This Home

As of May 2013

Church Hill Condo MOVE IN READY!!RENOVATE IN 2007 you will find Secured Parking & Extra Storage in Garage right outside your Back Door~ All Stainless Steel Appliances convey & so will the Large Stack Washer & Dryer~AMPLY GRANITE COUNTER TOP SPACE with Bar & Gas Cooking~ The 47"Mounted Flat Screen & Surround Sound Convey also~Gas Fireplace & Unique Features make this a Cozy Home~2" Plantation Blinds Have been installed for Privacy~Walk/Bike to Many restaurants,Parks,Historical Areas & MCV Hospital~Great place for Entertaining~Approved For FHA,FANNIE MAE & CONVENTIONAL LOANS~ Offering 1 Year AHS Warranty~Urban Living Made Easy & Sophisticated~

Last Agent to Sell the Property

Susan Koechlein

Best Realty License #0225055510 Listed on: 02/26/2012

Last Buyer's Agent

Rick Nichols

EXP Realty LLC License #0225074383

Property Details

Home Type

  • Condominium

Year Built

  • 1910

Lot Details

  • 1,263

Interior Spaces

  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number E0000388027

Property Details

Home Type

Condominium

Year Built

1910

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 199.84
  • Finished Sq Ft: 1251
  • Home Warranty: AHS
  • Unit Placement: Corner Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Dishwasher, Gas Cooking, Ice Maker, Refrigerator, Smoke Alarm, Stack Washer/Dryer
  • Flooring: Wood
  • Interior: Cable TV, Ceiling Fan, Dining Area, Fire Sprinkler, MBR Bath, Security System, Stack Wshr/Dryer Hookup, Walk-In Closet
  • Number of Rooms: 4
  • Total Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Siding: Brick
  • Wall Type: Drywall, Mixed

Garage/Parking

  • Garage Type: Attached, Auto Door Opener, Oversized, Direct Entry
  • Number Of Cars: 2
  • Parking: Off Street, Covered, Assigned

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Association/Amenities

  • Amenities: City View, Locked Storage, On Bus Line, Professional Management, Street Lights

Fee Information

  • Fee: 323.36
  • Fee Includes: Management Fees, Janitorial, Water, Trash Removal, Snow Removal, Yard Maintenance, Community Utilities, Exterior Maintenance, Building Insurance, Sewer
  • Fee Period: Monthly

Lot Info

  • Zoning: B-5 Central Business
  • Parcel Number: E0000388027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2012
Closed on
May 20, 2013
Sold by
Long Henry P
Bought by
Williams Alexander R
Seller's Agent
Susan Koechlein
Best Realty
Buyer's Agent
Rick Nichols
EXP Realty LLC
List Price
$310,000
Sold Price
$250,000
Premium/Discount to List
-$60,000
-19.35%
Current Estimated Value
$366,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,726
Avg. Annual Appreciation
3.08%
Original Mortgage
$200,000
Outstanding Balance
$141,530
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$225,196

Purchase Details

Closed on
Mar 25, 2008
Sold by
Foundry Lofts L L C
Bought by
Long Henry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,200
Interest Rate
5.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Williams Alexander R $250,000 --
Long Henry P $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Alexander R $200,000
Previous Owner Long Henry P $286,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $250,000 -19.4% $200 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
02/26/2012 02/26/12 For Sale $310,000 -- $248 / 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 $3,732 $311,000 $55,000 $256,000
2024 $3,732 $311,000 $55,000 $256,000
2023 $3,420 $285,000 $55,000 $230,000
2022 $3,420 $285,000 $55,000 $230,000
2020 $2,498 $271,000 $57,000 $214,000
2019 $2,105 $263,000 $60,000 $203,000
2018 $1,697 $239,000 $60,000 $179,000
2017 $2,868 $239,000 $60,000 $179,000
2016 $1,404 $235,000 $60,000 $175,000
2015 $1,404 $235,000 $60,000 $175,000
2014 $1,404 $205,000 $60,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1205003

Central Virginia Regional MLS

APN: E000-0388-027