$130,000
SOLD JUN 17, 2014

503 S Davis Ave Unit 8 Richmond, VA 23220

Byrd Park Neighborhood
2 Beds
1 Bath
704 Sq Ft
436 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

7% Below List Price

About This Home

As of December 2018

Privacy at the rear of the building overlooking neighborhood gardens. Wood floors in public rooms. Open light/bright Great Room. 2nd bedroom is the perfect office. Fresh neutral paint throughout. God closet space in unit. Extra storage in basement. Common areas are open and light and bright. Laundry on premises. Walking distance to lakes, Vita Course and Cary Street retail. Limited off-street parking to residents, but ample street parking in front of building. Move-in condition! FHA approved. CLOSING COST ASSISTANCE!

Last Agent to Sell the Property

Edward Andrews

Shaheen Ruth Martin & Fonville License #0225074657 Listed on: 12/03/2013

Last Buyer's Agent

Michael Latimer

Commonwealth Real Estate Co License #0225206950

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,424

Year Built

  • 1923

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 1 Level
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W0001070067

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,424

Year Built

1923

Lot Details

0

Listing Details

  • Restrictions: Assoc Restrictions
  • Structure: Brick
  • Price Per Finished Sq Ft: 184.66
  • Finished Sq Ft: 704
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1923

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Microwave, Stove, Double Oven
  • Flooring: Tile, Carpet-Part, Wood
  • Interior: Dining Area
  • Number of Rooms: 5
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Shower
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Balcony, Rear
  • Exterior: Private Storage, Thermal Windows
  • Siding: Brick

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Association/Amenities

  • Amenities: City View, Association, Common Area, Common Laundry, Extra Storage, Professional Management, Water View

Fee Information

  • Fee: 197.50
  • Fee Description: Condo Association
  • Fee Includes: Building Insurance, Comm Ar Mnt, Community Utilities, Exterior Maintenance, Management Fees, Reserves, Yard Maintenance, Sewer, Water, Trash Removal
  • Fee Period: Monthly

Schools

  • Elementary School: John B. Cary
  • Middle School: Binford
  • High School: Thomas Jefferson

Lot Info

  • Zoning: R-53 Multi Family
  • Parcel Number: W0001070067

Multi Family

  • Attachment Count: 1

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%
Current Estimated Value
$299,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,135
Avg. Annual Appreciation
10.15%
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
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $155,000 Lytle Title & Escrow Llc
Warranty Deed $130,000 --
Warranty Deed $146,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $102,000 New Conventional
Previous Owner $52,000 New Conventional
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

    37 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: 1330037

Central Virginia Regional MLS

APN: W000-1070-067

Virginia Richmond City County Richmond 23220 Byrd Park

503 S Davis Ave Unit 8, Richmond, VA

This home is located at 503 S Davis Ave Unit 8, Richmond, VA 23220 and is currently priced at $130,000, approximately $184 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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