NOT LISTED FOR SALE

503 S Davis Ave Unit 7 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $298,000 - $336,600

2 Beds
2 Baths
814 Sq Ft
$236/mo HOA Fee

Last Sold June 21, 2019

Last sale price $210,000 $258 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,268/month

5 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Central Air
  • Open High School Rated A+
  • Park
  • Heat Pump System

About This Home

As of June 2019

Wonderful condo living in the city! This beautiful 1923 brick building with balconies overlooks Fountain Lake and Byrd Park. It is a stone’s throw from Maymont, the James River, and walking distance to Carytown and The Fan. Perfect location for an adventure with your pets! This updated unit has two remodeled bathrooms located in each bedroom, and a renovated kitchen complete with granite countertops, under-mount sink, and newer appliances. Additional features include basement storage and off-street parking to the building.

Last Listed By

Alexis Thompson

River Fox Realty LLC License #0225215948 Listed on: 04/18/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1923

Lot Details

  • 810

HOA Fees

  • $236 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 814 Sq Ft Home
  • 1-Story Property
  • Basement Storage

Kitchen

  • Oven
  • Electric Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-1070-066

Community Details

Overview

  • Fountain Lake Condominiums Subdivision

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,728

Year Built

Built in 1923

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0186
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Architectural Style: Mid Rise
  • Entry Level: 2
  • 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: Laminate, Wood
  • Basement: Storage Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Oven, Refrigerator, Range Hood, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Granite Counters
  • Living Area: 814.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Park
  • Association Fee: 236.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1070-066
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1728.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Collins Dale E
Bought by
Dale E Collins Family Trust and Trust
Total Days on Market
5
Current Estimated Value
$323,150

Purchase Details

Listed on
Apr 18, 2019
Closed on
May 30, 2019
Sold by
Krehbiel Sara A
Bought by
Collins Dale E
Seller's Agent
Alexis Thompson
River Fox Realty LLC
Buyer's Agent
Graham Johnson
Coldwell Banker Avenues
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$210,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jul 13, 2015
Sold by
Swenson Kyle J
Bought by
Krehbiel Sara A
Seller's Agent
Jennie Barrett Shaw
The Steele Group
Buyer's Agent
Alexis Thompson
River Fox Realty LLC
List Price
$167,000
Sold Price
$160,000
Premium/Discount to List
-$7,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$128,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2006
Sold by
Gow Stephen
Bought by
Swenson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,636
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2003
Sold by
Rickman Trudy L
Bought by
Gow Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2001
Sold by
Reisdore Sharon
Bought by
Rickman Trudy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,300
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2000
Bought by
Canfield Karla H

Purchase Details

Closed on
Oct 16, 1996
Sold by
Borum David H
Bought by
Milligan Patrick M and Milligan Prudence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
8.26%
Mortgage Type
VA

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
Dale E Collins Family Trust -- None Listed On Document
Collins Dale E $210,000 Heritage Title Co Of Va
Krehbiel Sara A $160,000 --
Swenson John $174,000 --
Gow Stephen D $134,000 --
Rickman Trudy L $96,500 --
Canfield Karla H $78,000 --
Milligan Patrick M $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Dale E $210,000
Previous Owner Krehbiel Sara A $128,000
Previous Owner Swenson Kyle J $155,573
Previous Owner Swenson John $172,636
Previous Owner Milligan Patrick M $107,200
Previous Owner Rickman Trudy L $94,300
Previous Owner Milligan Patrick M $61,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $210,000 0.0% $258 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $210,000 +31.3% $258 / Sq Ft
07/17/2015 07/17/15 Sold $160,000 -4.2% $197 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $167,000 -- $205 / 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 $2,676 $223,000 $40,000 $183,000
2024 $2,676 $223,000 $40,000 $183,000
2023 $2,472 $206,000 $40,000 $166,000
2022 $2,160 $180,000 $40,000 $140,000
2021 $2,052 $180,000 $40,000 $140,000
2020 $2,052 $171,000 $36,000 $135,000
2019 $1,860 $155,000 $30,000 $125,000
2018 $1,728 $144,000 $30,000 $114,000
2017 $1,668 $139,000 $30,000 $109,000
2016 $1,608 $134,000 $30,000 $104,000
2015 $1,800 $145,000 $30,000 $115,000
2014 $1,800 $150,000 $30,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1911055

Central Virginia Regional MLS

APN: W000-1070-066