NOT LISTED FOR SALE

503 S Davis Ave Unit 4 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $286,000 - $310,000

2 Beds
1 Bath
704 Sq Ft
$210/mo HOA Fee

Last Sold April 15, 2022

Last sale price $244,000 $347 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,122/month

4 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Granite Countertops
  • Open High School Rated A+
  • Bamboo Flooring
  • Front Porch

About This Home

As of April 2022

Updated move-in ready 2 bedroom/1 full bath condo in Historic Fountain Lake Building now available in Byrd Park Neighborhood! Walk to restaurants on Robinson St, Main St and in Carytown! Enjoy a walk in nature around Byrd Park, to Maymont, The Carillon and more! Condo has been updated with bamboo flooring throughout living areas and bedrooms! Kitchen has updated cabinets, quartz counters, and newer stainless steel appliances as well as large pantry! Condo has recently been painted, and bookshelves installed in second bedroom perfect as an office! Jack-and-Jill bathroom has tub/shower combo and is updated with wainscoting, tall vanity with great storage and new toilet! Community washers and dryers located in basement of 505 S. Davis building! Private storage unit in basement of this building! Monthly condo fee includes trash/recycling collection, water, sewer and gas utilities! (Does NOT include electricity or Internet. Current owner utilizes Verizon FIOS!) Off-street parking spaces located behind building as well as many street parking options available! Small shared balcony accessed from the unit! Enjoy views of the lake from the building's shared front porch! Come see it today!

Last Listed By

Alice Buchanan Scott

Long & Foster REALTORS License #0225215965 Listed on: 03/01/2022

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1923

Lot Details

  • Waterfront

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Recessed Lighting
  • Bamboo Flooring

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Front Porch

Schools

  • Lois-Harrison Jones Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W000-1070-063

Community Details

Overview

  • Fountain Lake Condominiums Subdivision

Additional Features

  • Community Storage Space
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,968

Year Built

Built in 1923

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0161
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Architectural Style: Colonial, Low Rise
  • Entry Level: 1
  • 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: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Bamboo
  • Basement: Common Basement, Storage Space
  • Appliances: Dishwasher, Electric Cooking, Microwave, Refrigerator, Stove
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Granite Counters, Main Level Primary, Pantry, Recessed Lighting
  • Living Area: 704.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Shingle
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront Features: Waterfront
  • Waterfront: No
  • Construction Type: Brick, Plaster, Wood Siding
  • Exterior Features: Lighting, Porch
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Home Owners Association, Laundry Facilities, Storage Facilities
  • Amenities: Landscaping, Management
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Topography: Level
  • Parcel Number: W000-1070-063
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1968.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Oct 16, 2020
Sold by
Rooks Robert B and Rooks Cornelia B
Bought by
Found Jill A
Seller's Agent
Bernette Hardy
Keller Williams Realty
Buyer's Agent
Erik Shipp
Long & Foster REALTORS
List Price
$186,900
Sold Price
$190,000
Premium/Discount to List
$3,100
1.66%
Total Days on Market
4
Current Estimated Value
$299,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,569
Avg. Annual Appreciation
10.40%
Original Mortgage
$142,500
Outstanding Balance
$127,957
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$171,612

Purchase Details

Listed on
Mar 24, 2014
Closed on
Jul 8, 2014
Sold by
Hicks Matthew D
Bought by
Rooks Robert B
Seller's Agent
Philip Innes
RE/MAX Commonwealth
Buyer's Agent
Ruby Debnam
Lee Conner Realty & Assoc. LLC
List Price
$135,000
Sold Price
$122,000
Premium/Discount to List
-$13,000
-9.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$122,000
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Listed on
May 7, 2013
Closed on
May 29, 2013
Sold by
Dunston Hall Llc
Bought by
Hicks Matthew D
Seller's Agent
Teelo Rutledge
Warrior Realty of Virginia LLC
Buyer's Agent
Philip Innes
RE/MAX Commonwealth
List Price
$107,000
Sold Price
$107,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$120,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2011
Sold by
Walker Sadie W
Bought by
Jalali Diana

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 Buyer Sale Price Title Company
Found Jill A $190,000 Attorney
Rooks Robert B $122,000 --
Hicks Matthew D $107,000 --
Jalali Diana $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Found Jill A $142,500
Previous Owner Rooks Robert B $122,000
Previous Owner Hicks Matthew D $120,000
Previous Owner Robinson Evelyn W $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $244,000 +13.5% $347 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $215,000 +13.2% $305 / Sq Ft
10/20/2020 10/20/20 Sold $190,000 +1.7% $270 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $186,900 +53.2% $265 / Sq Ft
07/11/2014 07/11/14 Sold $122,000 -9.6% $173 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $135,000 +26.2% $192 / Sq Ft
05/31/2013 05/31/13 Sold $107,000 0.0% $152 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $107,000 -- $152 / 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 $2,820 $235,000 $40,000 $195,000
2024 $2,820 $235,000 $40,000 $195,000
2023 $2,604 $217,000 $40,000 $177,000
2022 $1,968 $164,000 $40,000 $124,000
2021 $1,872 $164,000 $40,000 $124,000
2020 $1,872 $156,000 $33,000 $123,000
2019 $1,704 $142,000 $30,000 $112,000
2018 $1,584 $132,000 $30,000 $102,000
2017 $1,524 $127,000 $30,000 $97,000
2016 $1,464 $122,000 $30,000 $92,000
2015 $1,573 $120,000 $30,000 $90,000
2014 $1,573 $130,000 $30,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2205007

Central Virginia Regional MLS

APN: W000-1070-063