NOT LISTED FOR SALE

2601 W Grace St Unit 1 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $343,716 - $443,000

2 Beds
1 Bath
1,304 Sq Ft
$270/mo HOA Fee

Last Sold March 29, 2018

Last sale price $265,000 $203 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,685/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 3 Fireplaces
  • Open High School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of March 2018

Updated move-in ready condo in the Fan! Hardwood floors and fresh paint throughout with loads of historical charm, yet updated kitchen and bath with modern features. Kitchen is open to dining area and boasts tremendous cabinet and counter space with granite counters, stainless steel appliances including stove new in 2017, tile back-splash, hardwood floors and recessed lighting. Kitchen and dining area adjacent to private deck for ease of entertaining. Bath is updated with marble counter and modern fixtures yet kept the classic charm of the black and white tiled floor and tub/shower. Living area has hardwood floors, ceiling fan, non-vented gas fireplace, recessed lighting, and open to dining area. Master bedroom has built-in armoires, non-working fireplace, frosted windows for privacy, french doors and pocket doors. 2nd bedroom also perfect as an office with french doors, large windows and non-working fireplace. Washer/dryer strategically built into hallway. Great use of space throughout, including built-in bike racks and shared storage in basement. Newly resurfaced roof! Water heater, heat pump and back-up gas furnace new in 2016! Radiators non-working and left as historic detail.

Last Agent to Sell the Property

Alice Buchanan Scott

Long & Foster REALTORS License #0225215965 Listed on: 02/07/2018

Long & Foster REALTORS

Last Buyer's Agent

Danielle Berberich

Hometown Realty License #0225081506

Hometown Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1912

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Historic Home

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • Metal Roof

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Decorative Fireplace
  • Ventless Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • French Doors
  • Dining Area

Kitchen

  • Induction Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Shared Basement

Home Security

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Fox Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Common Area
  • Storm Windows

Listing and Financial Details

  • Assessor Parcel Number W000-1169-023

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,580

Year Built

Built in 1912

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1912
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.029
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Colonial
  • 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
  • General Property Information Below Grade Unfinished Area: 587.0
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Common Basement, Partial
  • Appliances: Dryer, Dishwasher, Electric Cooking, Gas Water Heater, Refrigerator, Range Hood, Smooth Cooktop, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: Decorative, Gas, Masonry, Ventless
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Dining Area, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Recessed Lighting
  • Living Area: 1304.0
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal, Rubber
  • Fencing: Back Yard, Fenced, Privacy
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Multi-Fuel, Natural Gas
  • Cooling: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Gas, Hot Water, Insurance, Maintenance Structure, Reserve Fund, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1169-023
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2580.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 15, 2018
Sold by
Wilson Willet D
Bought by
Jones Troy Bland
Seller's Agent
Alice Buchanan Scott
Long & Foster REALTORS
Buyer's Agent
Danielle Berberich
Hometown Realty
List Price
$265,000
Sold Price
$265,000
Total Days on Market
18
Current Estimated Value
$400,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,429
Avg. Annual Appreciation
5.90%
Original Mortgage
$212,000
Interest Rate
4.38%
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
Jones Troy Bland $265,000 Old Republic National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Troy Bland $212,750
Closed Jones Troy Bland $212,000
Previous Owner Wilson Willet D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $265,000 0.0% $203 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $265,000 -- $203 / 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 $3,480 $290,000 $50,000 $240,000
2024 $3,096 $258,000 $50,000 $208,000
2023 $3,096 $258,000 $50,000 $208,000
2022 $3,096 $258,000 $50,000 $208,000
2021 $3,096 $258,000 $50,000 $208,000
2020 $3,096 $258,000 $54,000 $204,000
2019 $2,916 $243,000 $30,000 $213,000
2018 $2,688 $224,000 $30,000 $194,000
2017 $2,580 $215,000 $30,000 $185,000
2016 $2,580 $215,000 $30,000 $185,000
2015 $2,580 $215,000 $30,000 $185,000
2014 $2,580 $215,000 $30,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1804077

Central Virginia Regional MLS

APN: W000-1169-023