NOT LISTED FOR SALE

501 N Hamilton St Unit UE Richmond, VA 23221

Colonial Place Neighborhood

Estimated Value: $319,000 - $342,000

2 Beds
1.5 Baths
880 Sq Ft
$270/mo HOA Fee

Last Sold May 27, 2022

Last sale price $286,000 $325 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,331/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Awning
  • Mary Munford Elementary School Rated A-
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Welcome to one of the few larger 880 sq ft units in the popular Mount Vernon Condo Community. Amazing opportunity to own a larger 2 BR that has a prime location within the community near the pool. Two-story brick townhome is conveniently located near Carytown, Scotts Addition, Museum District, Mary Munford Playground, Stella's & everything else that City of Richmond has to offer. The condo fee includes gas heat/hot water & cooking, water & sewer, trash & recycle pickup, snow removal, exterior maintenance & landscaping of the common areas, as well as membership to the great Mount Vernon pool. Parking space E is reserved in front of the home and additional on-street parking is available on Hamilton Street. The condo offers and extra spacious family room and dining area, and parkay floors. The kitchen has been updated with white cabinets. Half bath and washer/dryer closet on 1st floor. While there are no known defects, the appliances convey 'as is'.

Last Agent to Sell the Property

Theresa Alford

Shaheen Ruth Martin & Fonville License #0225027974 Listed on: 04/20/2022

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Eric Thompson

Allison James Estates & Homes License #0225233072

Allison James Estates & Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,628

Year Built

  • Built in 1962

Lot Details

  • 8

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property
  • Awning

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Outdoor Pool
  • Back Yard Fenced

Listing and Financial Details

  • Assessor Parcel Number W000-1704-130

Community Details

Overview

  • Mount Vernon Condominiums Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,628

Year Built

Built in 1962

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1962
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Mount Vernon Condominiums
  • Architectural Style: Colonial
  • 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: Laminate, Parquet, Wood
  • Appliances: Dryer, Dishwasher, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 880.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: Community, Pool
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Awning(s)
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 269.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Pool(s)

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1704-130
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2628.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 18, 2022
Sold by
Davis Elizabeth H
Bought by
Dwyer Anthony Caprio
Seller's Agent
Theresa Alford
Shaheen Ruth Martin & Fonville
Buyer's Agent
Eric Thompson
Allison James Estates & Homes
List Price
$279,000
Sold Price
$286,000
Premium/Discount to List
$7,000
2.51%
Current Estimated Value
$329,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,493
Avg. Annual Appreciation
3.69%
Original Mortgage
$228,800
Outstanding Balance
$219,261
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$101,938

Purchase Details

Closed on
May 22, 1997
Sold by
Hasty Laura B
Bought by
Keister Courtney R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,825
Interest Rate
8.08%
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
Dwyer Anthony Caprio $286,000 New Title Company Name
Keister Courtney R $36,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dwyer Anthony Caprio $228,800
Previous Owner Keister Courtney R $69,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $286,000 +2.5% $325 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $279,000 -- $317 / 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 $3,084 $257,000 $45,000 $212,000
2024 $3,084 $257,000 $45,000 $212,000
2023 $2,940 $245,000 $45,000 $200,000
2022 $2,640 $220,000 $45,000 $175,000
2021 $2,304 $219,000 $45,000 $174,000
2020 $2,304 $192,000 $40,000 $152,000
2019 $2,136 $178,000 $35,000 $143,000
2018 $1,956 $163,000 $35,000 $128,000
2017 $1,812 $151,000 $35,000 $116,000
2016 $1,776 $148,000 $35,000 $113,000
2015 $1,800 $151,000 $35,000 $116,000
2014 $1,800 $150,000 $35,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2210623

Central Virginia Regional MLS

APN: W000-1704-130