NOT LISTED FOR SALE

Estimated Value: $217,031 - $239,000

1 Bed
1 Bath
480 Sq Ft
436 Sq Ft Lot

Last Sold December 21, 2016

Last sale price $125,000 $260 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,341/month

Highlights

  • Wood Flooring
  • Open High School Rated A+
  • Central Air

About This Home

As of December 2016

Live close to everything in one of Richmond’s most desirable neighborhoods, the Museum District. This beautifully renovated condo is within walking distance to Carytown, Scott’s Addition, and museums. Convenient access to I-195, I-64, and only minutes from VCU, University of Richmond, and downtown. The unit features an open living and kitchen space, hardwood floors throughout, stainless steel appliances, and granite countertops in the kitchen and bath. The historic building features secured entry, as well as locked storage in the basement. Perfect for anyone desiring city living, this maintenance free unit makes transitioning from renting to owning easy. The unit also serves as an excellent investment opportunity for an investor looking to build their portfolio with an affordable and easy to rent property.

Last Agent to Sell the Property

Carmen Noviskey

Long & Foster REALTORS License #0225214307 Listed on: 08/31/2016

Co-Listed By

Wanda Fears

Long & Foster REALTORS License #0225069701

Last Buyer's Agent

Jenny Maraghy

Compass License #0225161742

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,656

Year Built

  • 1924

Lot Details

  • 436

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number W000-1366-035

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,656

Year Built

1924

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 260.42
  • Unit Placement: Corner Unit, Lower Level
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1924

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven, Refrigerator, Stove, Washer
  • Flooring: Wood
  • Interior: 1st Floor Bedrm W/ Full Bath, Cable TV, Ceiling Fan, Countertops - Granite/Stone
  • Number of Rooms: 3
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Locked Storage
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Composition
  • Siding: Brick
  • Wall Type: Drywall, Plaster

Garage/Parking

  • Parking: On Street

Utilities

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

Association/Amenities

  • Amenities: Controlled Access, Extra Storage, On Bus Line, Professional Management

Fee Information

  • Fee: 180.00
  • Fee Description: Community Association
  • Fee Includes: Community Utilities, Exterior Maintenance, Hot Water, Yard Maintenance
  • Fee Period: Monthly

Schools

  • Elementary School: John B. Cary
  • Middle School: Albert Hill
  • High School: Thomas Jefferson

Lot Info

  • Zoning: R-48
  • Parcel Number: W000-1366-035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Dec 5, 2016
Sold by
Jordan Travis S
Bought by
Patton David H and Patton Lauren S
Seller's Agent
Carmen Noviskey
Long & Foster REALTORS
Buyer's Agent
Jenny Maraghy
Compass
List Price
$134,900
Sold Price
$125,000
Premium/Discount to List
-$9,900
-7.34%
Current Estimated Value
$227,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,508
Avg. Annual Appreciation
7.01%
Original Mortgage
$100,000
Outstanding Balance
$80,798
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$146,710

Purchase Details

Closed on
Oct 10, 2008
Sold by
3020 Patterson Llc
Bought by
Jordan Travis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,776
Interest Rate
4.86%
Mortgage Type
FHA
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
Patton David H $125,000 Dominion Capital Title
Jordan Travis S $119,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton David H $100,000
Previous Owner Jordan Travis S $117,776
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $125,000 +0.1% $260 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
11/07/2016 11/07/16 Price Changed $124,900 -3.8% $260 / Sq Ft
09/19/2016 09/19/16 Price Changed $129,900 -3.7% $271 / Sq Ft
08/31/2016 08/31/16 For Sale $134,900 -- $281 / 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 $1,656 $138,000 $35,000 $103,000
2024 $1,656 $138,000 $35,000 $103,000
2023 $1,656 $138,000 $35,000 $103,000
2022 $1,656 $138,000 $35,000 $103,000
2021 $1,656 $138,000 $35,000 $103,000
2020 $1,656 $138,000 $29,000 $109,000
2019 $1,560 $130,000 $32,000 $98,000
2018 $1,452 $121,000 $32,000 $89,000
2017 $1,404 $117,000 $32,000 $85,000
2016 $1,074 $117,000 $32,000 $85,000
2015 $744 $117,000 $32,000 $85,000
2014 $744 $117,000 $32,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1629477

Central Virginia Regional MLS

APN: W000-1366-035