NOT LISTED FOR SALE

503 S Davis Ave Unit 8 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $288,000 - $307,000

2 Beds
1 Bath
704 Sq Ft
$187/mo HOA Fee

Last Sold December 28, 2018

Last sale price $155,000 $220 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,049/month

116 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Rear Porch
  • Open High School Rated A+
  • Balcony
  • Central Air

About This Home

As of December 2018

Charming 2 bed 1 bath condo located in Byrd Park. Walking distance to VCU campus, restaurants, retail and parks. Well maintained with many new upgrades such as in unit washer/dryer and brand new HVAC system.

Last Listed By

Michael Latimer

Commonwealth Real Estate Co License #0225206950 Listed on: 08/03/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1923

Lot Details

  • 701

HOA Fees

  • $187 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 704 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Rear Porch

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 W000-1070-067

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,584

Year Built

Built in 1923

Lot Details

0

HOA Fees

$187 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
  • Entry Level: 2
  • 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: Carpet, Tile, Wood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 704.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

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

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

  • Association Fee: 187.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1070-067
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1584.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Dec 26, 2018
Sold by
Mignogna Gary M and Mignogna Carolyn Denise B
Bought by
Mitchell Linda K
Seller's Agent
Michael Latimer
Commonwealth Real Estate Co
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Total Days on Market
116
Current Estimated Value
$296,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,511
Avg. Annual Appreciation
10.63%
Original Mortgage
$124,000
Outstanding Balance
$110,510
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$186,001

Purchase Details

Listed on
Dec 3, 2013
Closed on
Jun 12, 2014
Sold by
Vaught Patricia J
Bought by
Mignogna Gary M
Seller's Agent
Edward Andrews
Shaheen Ruth Martin & Fonville
Buyer's Agent
Michael Latimer
Commonwealth Real Estate Co
List Price
$139,950
Sold Price
$130,000
Premium/Discount to List
-$9,950
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$100,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2010
Sold by
Cooper Toni E
Bought by
Vaught Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2001
Bought by
Cooper Toni E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.2%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Mitchell Linda K $155,000 Lytle Title & Escrow Llc
Mignogna Gary M $130,000 --
Vaught Patricia J $146,500 --
Cooper Toni E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Linda K $124,000
Previous Owner Mignogna Gary M $100,000
Previous Owner Vaught Patricia J $102,000
Previous Owner Cooper Toni E $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $155,000 -3.1% $220 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
10/23/2018 10/23/18 Price Changed $159,900 -3.0% $227 / Sq Ft
10/02/2018 10/02/18 Price Changed $164,900 -0.1% $234 / Sq Ft
08/03/2018 08/03/18 For Sale $165,000 +26.9% $234 / Sq Ft
06/17/2014 06/17/14 Sold $130,000 -7.1% $185 / Sq Ft
05/17/2014 05/17/14 Pending -- -- --
12/03/2013 12/03/13 For Sale $139,950 -- $199 / 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 $2,424 $202,000 $40,000 $162,000
2024 $2,424 $202,000 $40,000 $162,000
2023 $2,244 $187,000 $40,000 $147,000
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 $1,560 $120,000 $30,000 $90,000
2014 $1,560 $130,000 $30,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Latimer

    Seller's Agent in 2018

    Michael Latimer

    Commonwealth Real Estate Co

    (804) 516-2588

    43 Total Sales

    Michael Latimer
    Section Image

  • N

    Buyer's Agent in 2018

    NON MLS USER MLS

    NON MLS OFFICE

  • E

    Seller's Agent in 2014

    Edward Andrews

    Shaheen Ruth Martin & Fonville

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1827812

Central Virginia Regional MLS

APN: W000-1070-067

Virginia Richmond City County Richmond 23220 Byrd Park

503 S Davis Ave Unit 8, Richmond, VA

Homes for Sale in Richmond, VA

This home is located at 503 S Davis Ave Unit 8, Richmond, VA 23220 since 03 August 2018 and is currently estimated at $296,511, approximately $421 per square foot. This property was built in 1923. 503 S Davis Ave Unit 8 is a home located in Richmond City with nearby schools including Lois-Harrison Jones Elementary School, Albert Hill Middle, and Open High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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