NOT LISTED FOR SALE

501 N Arthur Ashe Blvd Unit U10 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $306,000 - $338,000

2 Beds
1 Bath
808 Sq Ft
$370/mo HOA Fee

Last Sold May 20, 2020

Last sale price $225,000 $278 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,322/month

21 Days on Market

Highlights

  • City View
  • Marble Flooring
  • Separate Formal Living Room
  • Open High School Rated A+
  • Spanish Architecture
  • High Ceiling

About This Home

As of May 2020

Lovely second floor unit overlooking Kensington Avenue. The unit has nicely proportioned rooms. The living room has leaded glass French doors opening to a charming balcony. There is a separate dining room and a fully renovated kitchen with washer, dryer and dishwasher - granite counter tops and stainless appliances. There are two good sized bedrooms with a Jack and Jill bath in between. Because this is a corner unit, there are three window exposures giving good light and ventilation. This is a wonderful opportunity to buy in the attractive Tuscan Villa condos.

Last Agent to Sell the Property

Jean Longest

Long & Foster REALTORS License #0225003123 Listed on: 02/12/2020

Long & Foster REALTORS

Last Buyer's Agent

Jean Longest

Long & Foster REALTORS License #0225003123 Listed on: 02/12/2020

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1928 | Remodeled

HOA Fees

  • $370 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Plaster
  • Stucco

Interior Spaces

  • 808 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Leaded Glass Windows
  • Separate Formal Living Room
  • City Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Rear Porch

Schools

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

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-1207-039

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,304

Year Built

Built in 1928 | Remodeled

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Property Attached Yn: Yes
  • Lot Size: 0
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Spanish/Mediterranean
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Marble, Wood
  • Basement: Partial, Unfinished
  • Appliances: Cooktop, Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Separate/Formal Dining Room, Granite Counters, High Ceilings
  • Living Area: 808.0
  • Stories: 2
  • Window Features: Leaded Glass
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other, Tile
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Plaster, Stucco
  • Patio And Porch Features: Balcony, Rear Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Heating: Hot Water, Natural Gas, Radiator(s)
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 370.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Gas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Sewer, Snow Removal, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Topography: Level
  • Parcel Number: W000-1207-039
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2304.0
  • Tax Lot: 0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
May 8, 2020
Sold by
Brewer Richard E and Brewer Susan H
Bought by
Meadows Karen T
Seller's Agent
Jean Longest
Long & Foster REALTORS
Buyer's Agent
Jean Longest
Long & Foster REALTORS
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$318,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,007
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Froncek Thomas J
Bought by
Brewer Richard E and Brewer,Taylor M

Purchase Details

Closed on
Mar 12, 2002
Sold by
Hammack Susan R
Bought by
Froncek Thomas J and Froncek Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
7.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Meadows Karen T $225,000 Attorney
Brewer Richard E $178,950 --
Froncek Thomas J $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Froncek Thomas J $129,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $225,000 0.0% $278 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $225,000 0.0% $278 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $225,000 -- $278 / 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 $3,192 $266,000 $40,000 $226,000
2024 $3,192 $266,000 $40,000 $226,000
2023 $2,880 $240,000 $40,000 $200,000
2022 $2,616 $218,000 $40,000 $178,000
2021 $2,448 $218,000 $40,000 $178,000
2020 $2,448 $204,000 $43,000 $161,000
2019 $2,304 $192,000 $35,000 $157,000
2018 $2,136 $178,000 $35,000 $143,000
2017 $2,052 $171,000 $35,000 $136,000
2016 $2,016 $168,000 $35,000 $133,000
2015 $1,560 $156,000 $35,000 $121,000
2014 $1,560 $130,000 $35,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2004341

Central Virginia Regional MLS

APN: W000-1207-039