$156,000
SOLD JAN 30, 2012

501 S Davis Ave Unit 5 Richmond, VA 23220

Byrd Park Neighborhood
2 Beds
1 Bath
748 Sq Ft
436 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

13% Below List Price

147 Days on Market

Highlights

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

About This Home

As of April 2024

This 3rd floor lake front condo has an amazing view from it's private balcony right over Fountain Lake. The condo also features a renovated kitchen, updated bath, and all the amenities including a stacked washer dryer. Two large bedrooms are brightly lit with ample windows. Built ins and French doors give this condo great character. Basement storage included with purchase of unit and some off-street parking in rear.

Last Agent to Sell the Property

George Cumming

Long & Foster REALTORS License #0225068456 Listed on: 09/02/2011

Long & Foster REALTORS

Last Buyer's Agent

Tricia Childress

Signature Properties License #0225147988

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,508

Year Built

  • 1923

Interior Spaces

  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W0001070077

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,508

Year Built

1923

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 208.56
  • Finished Sq Ft: 748
  • Unit Placement: Corner Unit, Top Level, End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1923

Interior Features

  • Appliances Equipment: Dryer, Oven, Refrigerator, Washer
  • Flooring: Wood
  • Interior: 9 Ft + Ceilings, Built In Cabinet/Bookcases, French Doors, Stack Wshr/Dryer Hookup
  • Number of Rooms: 5
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 3 Full Bathrooms: 1
  • Full Bath Level 3 Description: Tub & Shower
  • Basement Type: Tenant Storage
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Balcony, Front
  • Exterior: Waterview, Waterfront, Public Park
  • Siding: Brick
  • Water Type: Lake, Walk To Water

Garage/Parking

  • Parking: Off Street

Utilities

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

Association/Amenities

  • Amenities: Deck, Extra Storage, Landscaping, Maintenance Free, Professional Management, Street Lights, Water View

Fee Information

  • Fee: 198.00
  • Fee Description: Condo Association
  • Fee Includes: Exterior Maintenance, Management Fees, Yard Maintenance, Building Insurance, Water, Security
  • Fee Period: Monthly

Schools

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

Lot Info

  • Zoning: R-53 Multi Family
  • Parcel Number: W0001070077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Mar 28, 2024
Sold by
Brown Kevin S and Brown Marylee
Bought by
Mcgriff Melissa
Seller's Agent
Alison Beckner
Joyner Fine Properties
Buyer's Agent
Monica Maney
Compass
List Price
$294,900
Sold Price
$315,000
Premium/Discount to List
$20,100
6.82%
Total Days on Market
147
Views
36
Current Estimated Value
$295,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,225
Avg. Annual Appreciation
-5.42%
Original Mortgage
$236,250
Outstanding Balance
$233,401
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$62,374

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 20, 2022
Sold by
Johnson Candace R
Bought by
Brown Kevin S and Brown Marylee
Seller's Agent
Tricia Childress
Signature Properties
Buyer's Agent
Alison Beckner
Joyner Fine Properties
List Price
$269,500
Sold Price
$259,000
Premium/Discount to List
-$10,500
-3.9%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%

Purchase Details

Listed on
Sep 2, 2011
Closed on
Jan 26, 2012
Sold by
Winston Elizabeth S
Bought by
Johnson Candace R
Seller's Agent
George Cumming
Long & Foster REALTORS
Buyer's Agent
Tricia Childress
Signature Properties
List Price
$179,000
Sold Price
$156,000
Premium/Discount to List
-$23,000
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Mar 4, 2002
Bought by
Winston L K and Winston Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,945
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2001
Bought by
Winston L K and Winston Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,050
Interest Rate
7.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1996
Sold by
Kassab Edward V
Bought by
Jackson Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.08%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $315,000 First American Title Insurance
Deed $259,000 --
Warranty Deed $156,000 --
Warranty Deed -- --
Warranty Deed $90,000 --
Warranty Deed $71,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,250 New Conventional
Previous Owner $109,945 New Conventional
Previous Owner $85,050 New Conventional
Previous Owner $51,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $315,000 +6.8% $421 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $294,900 +13.9% $394 / Sq Ft
10/26/2022 10/26/22 Sold $259,000 -3.9% $346 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $269,500 0.0% $360 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $269,500 +72.8% $360 / Sq Ft
01/30/2012 01/30/12 Sold $156,000 -12.8% $209 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
09/02/2011 09/02/11 For Sale $179,000 -- $239 / 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 $2,508 $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 $1,752 $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 $1,740 $125,000 $30,000 $95,000
2014 $1,740 $145,000 $30,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1124059

Central Virginia Regional MLS

APN: W000-1070-077