NOT LISTED FOR SALE

Estimated Value: $465,000 - $504,000

2 Beds
2.5 Baths
1,198 Sq Ft
$374/mo HOA Fee

Last Sold September 08, 2021

Last sale price $386,900 $323 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,295/month

9 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Wood Flooring
  • Mary Munford Elementary School Rated A-
  • Property is near public transit
  • Granite Countertops

About This Home

As of September 2021

Welcome to Lock Lane, one of the most desirable locations in Richmond. The first floor flows from one area to the next which means you arrange the space for your lifestyle. The living area (16x15)flows into the dining area (13x11) & kitchen areas. Custom bookcases accent the gas fireplace. The dining room opens to the well appointed kitchen (granite counter, stainless applainces, white cabinets) & leads to the delightful morning room (which opens to rear parking - nice perk) & white picket fenced backyard. There's also a half bath on the first floor! Upstairs the primary bedroom features ensuite bath;hall bath is just a couple of steps from second bedroom/guest room/home office. Note the custom Hunter Douglas window treatments througout. Full sized Stack washer/dryer on second floor. A really nice surprise is to open one of the hallway doors to the generous walk up attic. HOA fee includes pool, gym, water, sewer, trash & snow removal, exterior maintenance, off street parking. Lock Lane Condos offers a heated pool, a gym, picnic area.

Last Agent to Sell the Property

Linda Harris

Shaheen Ruth Martin & Fonville License #0225031067 Listed on: 07/31/2021

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Melanie Roupas

Joyner Fine Properties License #0225248515

Joyner Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1930

HOA Fees

  • $374 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 1,198 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Gas Fireplace
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Outdoor Pool
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Back Yard Fenced
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number W019-0306-103

Community Details

Overview

  • Lock Lane Condominium Subdivision
  • Maintained Community

Amenities

  • Common Area

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,079

Year Built

Built in 1930

Lot Details

0

HOA Fees

$374 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1930
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0028
  • Ownership: Individuals
  • Subdivision Name: Lock Lane Condominium
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Water Heater, Gas Cooking, Disposal, Microwave, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Fireplace, Granite Counters, High Speed Internet, Bath in Primary Bedroom, Cable TV, Wired for Data
  • Living Area: 1198.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: Back Yard, Fenced
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Brick
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Fitness, Home Owners Association, Maintained Community, Pool, Public Transportation
  • Amenities: Management
  • Association Fee: 374.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Pool(s), Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W019-0306-103
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3079.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Sep 3, 2021
Sold by
Johnson Mary Barbara
Bought by
Chane Medhin and Begashaw Meron
Seller's Agent
Linda Harris
Shaheen Ruth Martin & Fonville
Buyer's Agent
Melanie Roupas
Joyner Fine Properties
List Price
$375,000
Sold Price
$386,900
Premium/Discount to List
$11,900
3.17%
Current Estimated Value
$486,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,406
Avg. Annual Appreciation
5.42%
Original Mortgage
$346,900
Outstanding Balance
$314,849
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$171,457

Purchase Details

Closed on
Aug 27, 2012
Sold by
Locke Lane Associates Llc
Bought by
Johnson Mary B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chane Medhin $386,900 Attorney
Johnson Mary B $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chane Medhin $346,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $386,900 +3.2% $323 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $375,000 -- $313 / 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 $4,536 $378,000 $55,000 $323,000
2024 $4,536 $378,000 $55,000 $323,000
2023 $3,972 $331,000 $55,000 $276,000
2022 $3,972 $331,000 $55,000 $276,000
2020 $2,635 $315,000 $66,000 $249,000
2019 $2,023 $303,000 $45,000 $258,000
2018 $1,620 $297,000 $45,000 $252,000
2017 $3,372 $281,000 $45,000 $236,000
2016 $1,620 $281,000 $45,000 $236,000
2015 $1,620 $281,000 $45,000 $236,000
2014 $1,620 $285,000 $45,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2123820

Central Virginia Regional MLS

APN: W019-0306-103