NOT LISTED FOR SALE

503 S Davis Ave Unit 12 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $282,000 - $316,000

2 Beds
1 Bath
740 Sq Ft
$214/mo HOA Fee

Last Sold January 04, 2019

Last sale price $163,000 $220 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,102/month

54 Days on Market

Highlights

  • Balcony
  • Central Air
  • Heating Available
  • Open High School Rated A+
  • Carpet

About This Home

As of January 2019

Idyllic, peaceful, tranquil, scenic, serene all describe Fountain Lake Condominiums across from the Byrd Park Lake. Updated, affordable, quiet 3rd/top floor, vacant and move in ready. Kitchen has abundant cabinet and counter space, white kitchen cabinets, exposed brick, Pergo floor, and pantry with shelves. Bonus room for bedroom, nursery, office, or den. Please note table & chairs do not convey. Easy access on site laundry facility. Some off-street parking with permit provided. Building features a classic exterior façade. View the fireworks from the common 2nd floor balcony. Convenient to Carytown, Museum District, The Fan, VCU and major highways.

Last Listed By

Vera Barber

Joyner Fine Properties License #0225070594 Listed on: 10/15/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1923

Lot Details

  • 736

HOA Fees

  • $214 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 740 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Heater

Community Details

  • Fountain Lake Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-1070-071

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,620

Year Built

Built in 1923

Lot Details

0

HOA Fees

$214 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0169
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Architectural Style: Low Rise
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 740.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Patio And Porch Features: Balcony
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 214.43
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1070-071
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1620.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 19, 2018
Sold by
Cartin Yvonne
Bought by
Dreyfus Adam
Seller's Agent
Vera Barber
Joyner Fine Properties
Buyer's Agent
Diana Rodriguez
Liz Moore & Associates
List Price
$163,000
Sold Price
$163,000
Total Days on Market
54
Current Estimated Value
$299,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,915
Avg. Annual Appreciation
10.00%
Original Mortgage
$123,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2014
Closed on
Aug 26, 2014
Sold by
Cross Russell F
Bought by
Allen Yvonne
Seller's Agent
David Feibish
Joyner Fine Properties
Buyer's Agent
Tyler Rackley
GO Real Estate Inc
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$73,750
Interest Rate
4.14%
Mortgage Type
New Conventional

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
Dreyfus Adam $163,000 Attorney
Allen Yvonne $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreyfus Adam $125,000
Closed Dreyfus Adam $123,000
Previous Owner Allen Yvonne $108,000
Previous Owner Allen Yvonne $73,750
Previous Owner Cross Russell $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $163,000 0.0% $220 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $163,000 +30.4% $220 / Sq Ft
09/16/2014 09/16/14 Sold $125,000 -3.1% $169 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $129,000 -- $174 / 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 $876 $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

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1835989

Central Virginia Regional MLS

APN: W000-1070-071