NOT LISTED FOR SALE

2705 Hanover Ave Unit 8 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $234,000 - $255,000

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

Last Sold April 12, 2021

Last sale price $199,500 $332 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,695/month

15 Days on Market

Highlights

  • 0.16 Acre Lot
  • Wood Flooring
  • Heat Pump System
  • Open High School Rated A+
  • Central Air

About This Home

As of April 2021

Check out this cool one bedroom condo steps from the VMFA! Nice layout with open kitchen and living area plus a 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 and the current owner has made some charming updates to fixtures and lighting since then 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: 02/26/2021

Nest Realty Group

Last Buyer's Agent

April Pillsbury

EXP Realty LLC License #0225243235

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1925

Lot Details

  • 7,000

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Plaster

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-1204-053

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,848

Year Built

Built in 1925

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1925
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.1607
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Low Rise
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Partial
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 600.0
  • Stories: 2
  • 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: Off Street

Utilities

  • Heating: Electric, 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

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1204-053
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • 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 26, 2021
Closed on
Mar 22, 2021
Sold by
Rice Kendall M
Bought by
Dixon Anna Eileen
Seller's Agent
Shannon Harton
Nest Realty Group
Buyer's Agent
April Pillsbury
EXP Realty LLC
List Price
$205,000
Sold Price
$199,500
Premium/Discount to List
-$5,500
-2.68%
Current Estimated Value
$243,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,330
Avg. Annual Appreciation
5.35%
Original Mortgage
$169,500
Outstanding Balance
$154,798
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$95,642

Purchase Details

Closed on
May 16, 2006
Sold by
Reo Enterprises
Bought by
Rice Kendall M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dixon Anna Eileen $199,500 Atlantic Coast Stlmnt Svcs
Rice Kendall M $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Anna Eileen $169,500
Previous Owner Rice Kendall M $160,000
Previous Owner Rice Kendall M $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $199,500 0.0% $333 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/11/2021 03/11/21 Price Changed $199,500 -2.7% $333 / Sq Ft
02/26/2021 02/26/21 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 $1,848 $154,000 $45,000 $109,000
2024 $1,848 $154,000 $45,000 $109,000
2023 $1,848 $154,000 $45,000 $109,000
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 2021

    Shannon Harton

    Nest Realty Group

    (804) 416-4663

    3 in this area

    89 Total Sales

    Section Image
  • April Pillsbury

    Buyer's Agent in 2021

    April Pillsbury

    EXP Realty LLC

    (804) 304-9888

    2 in this area

    99 Total Sales

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Map

Source: Central Virginia Regional MLS

MLS Number: 2105097

Central Virginia Regional MLS

APN: W000-1204-053

Virginia Richmond City County Richmond 23220 The Fan

2705 Hanover Ave Unit 8, Richmond, VA

This home is located at 2705 Hanover Ave Unit 8, Richmond, VA 23220 since 26 February 2021 and is currently estimated at $243,830, approximately $406 per square foot. This property was built in 1925. 2705 Hanover Ave Unit 8 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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