NOT LISTED FOR SALE

503 N Hamilton St Unit UD Richmond, VA 23221

Colonial Place Neighborhood

Estimated Value: $266,000 - $349,000

2 Beds
1.5 Baths
828 Sq Ft
$247/mo HOA Fee

Last Sold June 17, 2020

Last sale price $230,000 $278 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,235/month

56 Days on Market

Highlights

  • Outdoor Pool
  • 8.5 Acre Lot
  • Built-In Features
  • Mary Munford Elementary School Rated A-
  • Wood Flooring
  • Sliding Doors

About This Home

As of June 2020

Great opportunity in the sought after Mount Vernon Condominiums. 2 bedroom 1.5 bath is the perfect home for city living. Walking distance to fantastic Carytown restaurants and shopping. You're also close to the Museum District. Enjoy the pool which is also in walking. This condo has personality and charm waiting for you to call home. Undated cabinetry in the kitchn, HVAC unit replaced in 2016.
If you are not familiar with this community, the HOA fees cover the pool (one building away), laundry (located in 407 at the end by 195), water, sewer, gas, trash and snow removal. You only have your electric bill and cell phone!

Last Agent to Sell the Property

Nan Frascogna

Resource Realty Services License #0225101160 Listed on: 03/10/2020

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,112

Year Built

  • Built in 1962

Lot Details

  • 8

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 828 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Track Lighting
  • Sliding Doors
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • No Garage
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • Outdoor Pool
  • Back Yard Fenced

Listing and Financial Details

  • Assessor Parcel Number W000-1704-141

Community Details

Overview

  • Mount Vernon Condominiums Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,112

Year Built

Built in 1962

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1962
  • Property Attached Yn: Yes
  • Lot Size Acres: 8.4953
  • Ownership: Individuals
  • Subdivision Name: Mount Vernon Condominiums
  • Architectural Style: Two Story
  • 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: Wood
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Interior Amenities: Bookcases, Built-in Features, Dining Area, Track Lighting
  • Living Area: 828.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard
  • Pool Features: Pool, Community
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick Veneer, Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association, Pool
  • Association Fee: 247.49
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Gas, Hot Water, Maintenance Grounds, Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1704-141
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2112.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Young Kathleen M
Bought by
Greenwood Elizabeth Kathleen
Current Estimated Value
$314,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,050
Outstanding Balance
$254,608
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$63,741

Purchase Details

Closed on
Mar 1, 2024
Sold by
Paganne Gary
Bought by
Young Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,050
Outstanding Balance
$254,608
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$63,741

Purchase Details

Closed on
Jan 10, 2023
Sold by
Davis Zachary C
Bought by
Paganne Gary

Purchase Details

Listed on
Mar 10, 2020
Closed on
May 28, 2020
Sold by
Rose Sarah Virginia
Bought by
Davis Zachary C
Seller's Agent
Nan Frascogna
Resource Realty Services
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$299,950
Sold Price
$230,000
Premium/Discount to List
-$69,950
-23.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$223,100
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2012
Sold by
Baird Anne C
Bought by
Rose Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1999
Sold by
Baird Charles L and Baird Jane B
Bought by
Baird Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Greenwood Elizabeth Kathleen $322,000 None Listed On Document
Young Kathleen M $306,000 Fidelity National Title
Paganne Gary $270,000 Fidelity National Title
Davis Zachary C $230,000 Attorney
Rose Sarah $155,000 --
Baird Anne C $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenwood Elizabeth Kathleen $257,050
Closed Greenwood Elizabeth Kathleen $257,050
Previous Owner Davis Zachary C $223,100
Previous Owner Rose Sarah $124,000
Previous Owner Baird Anne C $13,500
Previous Owner Baird Anne C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $230,000 +2.7% $278 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $224,000 -25.3% $271 / Sq Ft
03/10/2020 03/10/20 For Sale $299,950 -- $362 / 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 $3,264 $272,000 $45,000 $227,000
2024 $3,264 $272,000 $45,000 $227,000
2023 $3,108 $259,000 $45,000 $214,000
2022 $2,784 $232,000 $45,000 $187,000
2021 $2,280 $217,000 $45,000 $172,000
2020 $2,280 $190,000 $40,000 $150,000
2019 $2,112 $176,000 $35,000 $141,000
2018 $1,944 $162,000 $35,000 $127,000
2017 $1,932 $161,000 $35,000 $126,000
2016 $1,884 $157,000 $35,000 $122,000
2015 $1,740 $151,000 $35,000 $116,000
2014 $1,740 $145,000 $35,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2007751

Central Virginia Regional MLS

APN: W000-1704-141