NOT LISTED FOR SALE

402 N Belmont Ave Unit 5 Richmond, VA 23221

The Museum District Neighborhood

Estimated Value: $318,947 - $357,000

2 Beds
1 Bath
789 Sq Ft
436 Sq Ft Lot

Last Sold February 25, 2014

Last sale price $162,000 $205 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,050/month

28 Days on Market

Highlights

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

About This Home

As of February 2014

Top Floor/3rd level unit. Immacculate! Total renovation with granite counter tops; stacking washer/dryer; covered front porch. Elec. Avg. $56/mo; TAX ABATEMENT ends 2018

Last Agent to Sell the Property

Donna Fuller

Long & Foster REALTORS License #0225111265 Listed on: 01/12/2014

Long & Foster REALTORS

Last Buyer's Agent

Michael Marretti

Arbor Realty Inc License #0225034446

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,580

Year Built

  • 1922

Lot Details

  • 436

Home Design

  • Built-Up Roof

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 1 Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number W0001411029

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,580

Year Built

1922

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 205.32
  • Finished Sq Ft: 789
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1922

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Drop-In Range, Microwave, Refrigerator, Stack Washer/Dryer
  • Flooring: Tile-Ceramic, Wood
  • Number of Rooms: 5
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Basement-Partial, Floored
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Frontage Road: 13
  • Porch: Balcony, Front Full
  • Roof: Built-up
  • Siding: Brick
  • Wall Type: Plaster

Garage/Parking

  • Parking: On Street

Utilities

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

Fee Information

  • Fee: 140.00
  • Fee Description: Condo Association
  • Fee Includes: Trash Removal, Water
  • Fee Period: Monthly

Schools

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

Lot Info

  • Zoning: R-6 Single Family Attached
  • Parcel Number: W0001411029

Multi Family

  • Attachment Count: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2014
Closed on
Feb 24, 2014
Sold by
Collins Laura K
Bought by
Simpson Catherine A
Seller's Agent
Donna Fuller
Long & Foster REALTORS
Buyer's Agent
Michael Marretti
Arbor Realty Inc
List Price
$165,000
Sold Price
$162,000
Premium/Discount to List
-$3,000
-1.82%
Current Estimated Value
$335,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,192
Avg. Annual Appreciation
6.66%

Purchase Details

Listed on
Jul 11, 2012
Closed on
Feb 4, 2013
Sold by
Valot Joshua A
Bought by
Collins Laura K
Seller's Agent
Andrea Levine
Samson Properties
Buyer's Agent
Ben Partridge
One South Realty Group, LLC
List Price
$164,950
Sold Price
$152,000
Premium/Discount to List
-$12,950
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$121,600
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Knerr Steven K
Bought by
Valot Joshua A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Chang Stacy C
Bought by
Knerr Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.75%
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
Simpson Catherine A $162,000 --
Collins Laura K $152,000 --
Valot Joshua A $192,000 --
Knerr Steven W $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Laura K $121,600
Previous Owner Valot Josh A $151,000
Previous Owner Valot Joshua A $153,600
Previous Owner Knerr Steven W $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $162,000 -1.8% $205 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
01/12/2014 01/12/14 For Sale $165,000 +8.6% $209 / Sq Ft
02/25/2013 02/25/13 Sold $152,000 -7.9% $193 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
07/11/2012 07/11/12 For Sale $164,950 -- $209 / 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 $2,580 $215,000 $40,000 $175,000
2024 $2,304 $192,000 $40,000 $152,000
2023 $2,304 $192,000 $40,000 $152,000
2022 $2,304 $192,000 $40,000 $152,000
2021 $2,304 $192,000 $40,000 $152,000
2020 $2,304 $192,000 $40,000 $152,000
2019 $2,172 $181,000 $30,000 $151,000
2018 $1,819 $167,000 $30,000 $137,000
2017 $1,920 $160,000 $30,000 $130,000
2016 $1,391 $160,000 $30,000 $130,000
2015 $1,038 $150,000 $30,000 $120,000
2014 $1,038 $150,000 $30,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Donna Fuller

    Long & Foster

    Section Image

  • M

    Buyer's Agent in 2014

    Michael Marretti

    Arbor Realty Inc

    (804) 370-5926

    22 Total Sales

    Section Image
  • Andrea Levine

    Seller's Agent in 2013

    Andrea Levine

    Samson Properties

    (804) 647-2828

    3 in this area

    123 Total Sales

    Section Image

  • B

    Buyer's Agent in 2013

    Ben Partridge

    One South Realty Group, LLC

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1401099

Central Virginia Regional MLS

APN: W000-1411-029

Virginia Richmond City County Richmond 23221 The Museum District

402 N Belmont Ave Unit 5, Richmond, VA

This home is located at 402 N Belmont Ave Unit 5, Richmond, VA 23221 since 12 January 2014 and is currently estimated at $332,987, approximately $422 per square foot. This property was built in 1922. 402 N Belmont Ave Unit 5 is a home located in Richmond City with nearby schools including Lois-Harrison Jones Elementary School, Albert Hill Middle, and Thomas Jefferson 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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