NOT LISTED FOR SALE

2705 Hanover Ave Unit 12 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $234,000 - $261,345

1 Bed
1 Bath
600 Sq Ft
$213/mo HOA Fee

Last Sold March 18, 2022

Last sale price $220,000 $367 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,791/month

3 Days on Market

Highlights

  • 0.16 Acre Lot
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Open High School Rated A+

About This Home

As of March 2022

Check out this cool one bedroom condo steps from the VMFA! You'll love the sunny (and quiet!) top floor location, the nice layout with open kitchen and living area and the generous bedroom with en suite bathroom. Convenient location with off-street parking in permit-controlled lot, low monthly fees -- much cheaper than renting! This beautiful Art Deco building was renovated from the ground up in 2005 for a truly comfortable and stylish lifestyle. Easy access directly into the unit from the private entrance, great storage in the basement and super location in the middle of the vibrant Fan and Museum Districts! Come take a look!

Last Agent to Sell the Property

Shannon Harton

Nest Realty Group License #0225077165 Listed on: 02/16/2022

Nest Realty Group

Last Buyer's Agent

Jay McGee

Coach House Realty LLC License #0225198252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1928

Lot Details

  • Property fronts an alley

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Plaster

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-1204-057

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,848

Year Built

Built in 1928

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.1607
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Partial
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 600.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall, Plaster
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Alley Access, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 213.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Reserve Fund, Snow Removal

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1204-057
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1848.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 3, 2022
Sold by
Hanson Katherine E
Bought by
Hayes Kasey Dustin and Hayes Timothy J
Seller's Agent
Shannon Harton
Nest Realty Group
Buyer's Agent
Jay McGee
Coach House Realty LLC
List Price
$205,000
Sold Price
$220,000
Premium/Discount to List
$15,000
7.32%
Current Estimated Value
$254,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,586
Avg. Annual Appreciation
3.69%
Original Mortgage
$175,000
Outstanding Balance
$164,695
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$84,426

Purchase Details

Closed on
Jun 27, 2008
Sold by
Zayed Hatim
Bought by
Hanson Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,775
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Reo Enterprises
Bought by
Zayed Hatim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
6.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hayes Kasey Dustin $220,000 First National Title
Hanson Katherine E $157,500 --
Zayed Hatim $157,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Kasey Dustin $175,000
Previous Owner Hanson Katherine $149,040
Previous Owner Hanson Katherine E $152,775
Previous Owner Zayed Hatim $125,800
Previous Owner Zayed Hatim $31,450
Previous Owner Zayed Hatim $125,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $220,000 +7.3% $367 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $205,000 -- $342 / 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 $2,292 $191,000 $45,000 $146,000
2024 $2,292 $191,000 $45,000 $146,000
2023 $2,292 $191,000 $45,000 $146,000
2022 $1,848 $154,000 $45,000 $109,000
2021 $1,848 $154,000 $45,000 $109,000
2020 $1,848 $154,000 $32,000 $122,000
2019 $1,740 $145,000 $35,000 $110,000
2018 $1,620 $135,000 $35,000 $100,000
2017 $1,560 $130,000 $35,000 $95,000
2016 $1,560 $130,000 $35,000 $95,000
2015 $1,560 $130,000 $35,000 $95,000
2014 $1,560 $130,000 $35,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Shannon Harton

    Seller's Agent in 2022

    Shannon Harton

    Nest Realty Group

    (804) 416-4663

    3 in this area

    89 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Jay McGee

    Coach House Realty LLC

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2203780

Central Virginia Regional MLS

APN: W000-1204-057

Virginia Richmond City County Richmond 23220 The Fan

2705 Hanover Ave Unit 12, Richmond, VA

This home is located at 2705 Hanover Ave Unit 12, Richmond, VA 23220 since 16 February 2022 and is currently estimated at $248,086, approximately $413 per square foot. This property was built in 1928. 2705 Hanover Ave Unit 12 is a home located in Richmond City with nearby schools including Dogwood Middle School, Thomas Jefferson High School, and Open High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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