NOT LISTED FOR SALE

503 S Davis Ave Unit 6 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $375,000 - $415,000

3 Beds
2 Baths
1,120 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $230,000 $205 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,856/month

5 Days on Market

Highlights

  • Waterfront
  • Rowhouse Architecture
  • Heat Pump System
  • Open High School Rated A+
  • Central Air
  • 1-Story Property

About This Home

As of August 2017

Live overlooking Fountain Lake, right in the heart of Byrd Park. This unit is newly updated from top to bottom. Rare three bedroom and two bath unit. Step out onto the covered balcony for summer shade and perfect winter views of the lake. Plenty of closet space and a private downstairs storage unit (8 feet by 81 inches) are included. From the building, you can walk to Maymont Park and The Carillon or relax on the benches and picnic tables right outside your front door. With easy access to plenty of local restaurants and shops of the Fan and Carytown, VCU and MCV, the expressway and everything else Richmond has to offer, this unit is perfect for Richmond living!

Last Listed By

George Cumming

Long & Foster REALTORS License #0225068456 Listed on: 07/22/2017

Long & Foster REALTORS

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1923

Lot Details

  • Waterfront

HOA Fees

  • $316 Monthly HOA Fees

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Fountain Lake Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-1070-065

Townhouse Details

Home Type

Townhome

Year Built

Built in 1923

Lot Details

0

HOA Fees

$316 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Architectural Style: Row House
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1120.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent, Sellers Disclosure Not Available
  • Construction Type: Brick, Drywall
  • Property Condition: Resale

Utilities

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

Condo/Co-op/Association

  • Association Fee: 315.66
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Sewer, Security, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1070-065
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7000.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2017
Closed on
Aug 22, 2017
Sold by
Saunders Charles L and Saunders Jennifer N
Bought by
Bontoft Christopher D and Bontoft Diane C
Seller's Agent
George Cumming
Long & Foster REALTORS
Buyer's Agent
George Cumming
Long & Foster REALTORS
List Price
$229,000
Sold Price
$230,000
Premium/Discount to List
$1,000
0.44%
Total Days on Market
5
Current Estimated Value
$400,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,362
Avg. Annual Appreciation
7.41%

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 12, 2017
Sold by
Marshall Evan K
Bought by
Saunders Charles L and Saunders Jennifer N
Seller's Agent
Jolanda Knezevich
Long & Foster REALTORS
Buyer's Agent
George Cumming
Long & Foster REALTORS
List Price
$199,000
Sold Price
$197,000
Premium/Discount to List
-$2,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.58%

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
Bontoft Christopher D $230,000 Attorney
Saunders Charles L $197,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $230,000 +0.4% $205 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/22/2017 07/22/17 For Sale $229,000 +16.2% $204 / Sq Ft
05/17/2017 05/17/17 Sold $197,000 -1.0% $176 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $199,000 -- $178 / 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 $3,588 $299,000 $40,000 $259,000
2024 $3,588 $299,000 $40,000 $259,000
2023 $3,300 $275,000 $40,000 $235,000
2022 $2,868 $239,000 $40,000 $199,000
2021 $2,736 $239,000 $40,000 $199,000
2020 $2,736 $228,000 $48,000 $180,000
2019 $2,484 $207,000 $30,000 $177,000
2018 $2,292 $191,000 $30,000 $161,000
2017 $2,196 $183,000 $30,000 $153,000
2016 $2,112 $176,000 $30,000 $146,000
2015 $3,652 $185,000 $30,000 $155,000
2014 $3,652 $195,000 $30,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1727078

Central Virginia Regional MLS

APN: W000-1070-065