$214,500
SOLD SEP 22, 2020

501 S Davis Ave Unit 2 Richmond, VA 23220

Byrd Park Neighborhood
2 Beds
1 Bath
734 Sq Ft
$215/mo HOA Fee

Recently Sold

$292 Per Sq Ft

31 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • High Ceiling
  • Open High School Rated A+
  • Wood Flooring
  • Granite Countertops

About This Home

As of November 2024

Low Maintenance living at its finest! This 1st floor 2 bedroom, 1 bath home is located in a historic low rise condominium building from the 1920s. The highly sought after Fountain Lake Condominiums offers tons of amenities including off street parking, community laundry facility, large storage rooms, as well as contract access. The interior has been meticulously maintained and offers 10 ft soaring ceilings, open concept living, recessed lighting and hardwood floors throughout. BRAND NEW HVAC system and Newer Windows! The kitchen is a home owners dream with sleek white cabinetry, granite counter tops and double sink. Each bedroom is a great size with lots of natural light with shared full bath with tub/shower combo and newer vanity. This home has it all-unique charming city character with a convenient location to Fountain Lake, Carytown, The Fan, Byrd Park and Maymont. What more could you want?

Last Agent to Sell the Property

Mike Hogan

The Hogan Group Real Estate License #0225093823

The Hogan Group Real Estate

Co-Listed By

Bryan Tolbert

The Hogan Group Real Estate License #0225216753

Last Buyer's Agent

Stephanie Covington

Providence Hill Real Estate License #0225199988

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1923

HOA Fees

  • $215 Monthly HOA Fees

Property Views

  • Water
  • City

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 734 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Washer Hookup

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Schools

  • Lois-Harrison Jones Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Additional Features

  • Outdoor Storage
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number W000-1070-074

Community Details

Overview

  • Fountain Lake Condominiums Subdivision
  • Maintained Community
  • Community Lake
  • Pond in Community

Additional Features

  • Community Storage Space
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,747

Year Built

Built in 1923

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0168
  • Co List Office Mls Id: HGRP01
  • Co List Office Phone: 804-571-2900
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Architectural Style: Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Basement: Common Basement, Storage Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting
  • Living Area: 734.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Fencing: None
  • Pool Features: None
  • View: City, Water
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Brick, Drywall
  • Exterior Features: Storage
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Common Area, Washer Hookup
  • Security: Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association, Lake, Laundry Facilities, Maintained Community, Pond, Storage Facilities
  • Amenities: Landscaping, Management
  • Association Fee: 215.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1070-074
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1747.0

MLS Schools

  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Nov 20, 2024
Sold by
Volk Paul and Volk Timothy Jason
Bought by
Knox Catherine and Knox Brian
Seller's Agent
Kiernan Ziletti
Small & Associates
Buyer's Agent
Caitlin Stables
The Hogan Group Real Estate
List Price
$299,950
Sold Price
$307,500
Premium/Discount to List
$7,550
2.52%
Total Days on Market
31
Views
116
Current Estimated Value
$305,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,251
Avg. Annual Appreciation
-1.46%

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jun 24, 2022
Sold by
Klein Michelle A
Bought by
Volk Paul and Volk Timothy Jason
Seller's Agent
David Seibert
Real Broker LLC
Buyer's Agent
Kiernan Ziletti
Small & Associates
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Nov 11, 2021
Sold by
Klein Michelle Amy and Klein Michelle A
Bought by
Klein Michelle Amy and The Michelle Amy Klein Trust

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 21, 2020
Sold by
Oday Shanley N
Bought by
Klein Michelle A
Seller's Agent
Mike Hogan
The Hogan Group Real Estate
Buyer's Agent
Stephanie Covington
Providence Hill Real Estate
List Price
$214,500
Sold Price
$214,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$203,775
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2018
Closed on
May 14, 2018
Sold by
Hamilton E Michael
Bought by
O'Day Shanley N
Seller's Agent
Sharon Coleman
Long & Foster REALTORS
Buyer's Agent
Bryan Tolbert
The Hogan Group Real Estate
List Price
$178,900
Sold Price
$178,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$173,533
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2018
Sold by
Hamilton E Michael
Bought by
Hamilton E Michael and The E Michael Hamilton Revocable Trust A

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 17, 2016
Sold by
Lowery Christopher M
Bought by
Hamilton E Michael
Seller's Agent
Lara Kotlikoff
Oakstone Properties
Buyer's Agent
Sharon Coleman
Long & Foster REALTORS
List Price
$172,500
Sold Price
$171,000
Premium/Discount to List
-$1,500
-0.87%

Home Financials for this Owner

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

Purchase Details

Closed on
Sep 24, 2009
Sold by
Tgh Llc
Bought by
Lowery Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2007
Sold by
Robertson Caqrl G
Bought by
Thaxton Phillip L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,950
Interest Rate
6.78%
Mortgage Type
New Conventional

Map

Range of Values:

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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 Type Sale Price Title Company
Deed $307,500 Fidelity National Title
Bargain Sale Deed $280,000 Shaheen Law Firm Pc
Interfamily Deed Transfer -- None Available
Warranty Deed $214,500 First Title And Escrow
Warranty Deed $178,900 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $171,000 Attorney
Warranty Deed $165,000 --
Warranty Deed $159,950 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $203,775 New Conventional
Previous Owner $173,533 New Conventional
Previous Owner $162,011 FHA
Previous Owner $151,950 New Conventional
Previous Owner $108,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $307,500 +2.5% $419 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $299,950 +7.1% $409 / Sq Ft
07/22/2022 07/22/22 Sold $280,000 +1.8% $381 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $275,000 +28.2% $375 / Sq Ft
09/22/2020 09/22/20 Sold $214,500 0.0% $292 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $214,500 0.0% $292 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $214,500 +19.9% $292 / Sq Ft
05/18/2018 05/18/18 Sold $178,900 0.0% $244 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $178,900 +4.6% $244 / Sq Ft
05/23/2016 05/23/16 Sold $171,000 -0.9% $233 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $172,500 -- $235 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,508 $209,000 $40,000 $169,000
2024 $2,508 $209,000 $40,000 $169,000
2023 $2,316 $193,000 $40,000 $153,000
2022 $2,028 $169,000 $40,000 $129,000
2021 $1,932 $169,000 $40,000 $129,000
2020 $1,932 $161,000 $34,000 $127,000
2019 $1,747 $146,000 $30,000 $116,000
2018 $1,620 $135,000 $30,000 $105,000
2017 $1,560 $130,000 $30,000 $100,000
2016 $1,500 $125,000 $30,000 $95,000
2015 $1,680 $125,000 $30,000 $95,000
2014 $1,680 $140,000 $30,000 $110,000
Source: Public Records

Source: Central Virginia Regional MLS

MLS Number: 2021332

Central Virginia Regional MLS

APN: W000-1070-074