NOT LISTED FOR SALE

503 S Davis Ave Unit 9 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $368,000 - $425,000

2 Beds
2 Baths
1,100 Sq Ft
1,089 Sq Ft Lot

Last Sold July 20, 2015

Last sale price $249,500 $227 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,479/month

5 Days on Market

About This Home

As of July 2015

Immaculate penthouse condo with gorgeous views of Fountain Lake from the 8’x14’ balcony, through the living room’s stately Pella French glass doors, and via the two windows in the master bedroom. This completely renovated unit features an open floor plan, wood floors throughout, and ceramic tile in both full bathrooms. Newly remodeled gourmet kitchen boasts granite counter tops, under-mounted sink, 42” cabinets, under-mounted cabinet lights, and stainless steel appliances. The kitchen opens into an elegant dining room, which in turn flows into a bright living room with wonderful built-in bookcases. The master bedroom has great closet space, and the master bath includes jetted tub. A second bedroom is located at the other end of the hallway and features another large closet. Hallway full bath features a glass-enclosed shower. The building is nestled in Byrd Park and close to Carytown, the Fan, Maymont Park, and much more. Move-in ready!

Last Agent to Sell the Property

Jolanda Knezevich

Long & Foster REALTORS License #0225071413 Listed on: 06/15/2015

Long & Foster REALTORS

Last Buyer's Agent

Whit Wall

The Steele Group License #0225028082

The Steele Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,588

Year Built

  • 1923

Lot Details

  • 1,089

Home Design

  • Flat Roof Shape
  • Rubber Roof

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 1 Level
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number W0001070068

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,588

Year Built

1923

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 226.82
  • Unit Placement: Corner Unit, Top Level
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1923

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Electric Cooking, Exhaust Fan, Intercom, Smoke Alarm, Stove
  • Flooring: Tile-Ceramic, Wood
  • Interior: Built In Cabinet/Bookcases, Cable TV, Dining Area, French Doors, MBR Bath, Recessed Lighting, Stack Wshr/Dryer Hookup
  • Number of Rooms: 5
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Tenant Storage
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Balcony
  • Exterior: Insulated Doors, Outdoor Lighting, Private Storage, Public Park, Screens, Thermal Windows, Waterfront
  • Roof: Flat, Rubber
  • Siding: Brick
  • Wall Type: Mixed
  • Water Type: Lake Frontage

Garage/Parking

  • Parking: In Alley, On Street

Utilities

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

Association/Amenities

  • Amenities: Association, City View, Controlled Access, Extra Storage, Intercom, Landscaping, Locked Storage, Maintenance Free, Professional Management, Water View

Fee Information

  • Fee: 308.56
  • Fee Description: Condo Association
  • Fee Includes: Building Insurance, Community Utilities, Exterior Maintenance, Hot Water, Janitorial, Management Fees, Reserves, Snow Removal, Trash Removal, Yard Maintenance
  • 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: W0001070068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 16, 2015
Sold by
Harris Patrick D
Bought by
Totty Susan B
Seller's Agent
Jolanda Knezevich
Long & Foster REALTORS
Buyer's Agent
Whit Wall
The Steele Group
List Price
$249,500
Sold Price
$249,500
Current Estimated Value
$394,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,162
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Jun 8, 2005
Sold by
Berdeen Gary W
Bought by
Harris Patrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,450
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2003
Sold by
Mcelroy Martine
Bought by
Berdeen Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1996
Sold by
Tokarz P Mason
Bought by
Friedman Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,950
Interest Rate
7.9%
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 Buyer Sale Price Title Company
Totty Susan B $249,500 --
Harris Patrick D $211,000 --
Berdeen Gary $156,500 --
Friedman Daniel P $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Totty Susan B $25,000
Previous Owner Harris Patrick D $50,450
Previous Owner Harris Patrick D $150,000
Previous Owner Friedman Daniel P $125,200
Previous Owner Friedman Daniel P $75,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $249,500 0.0% $227 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $249,500 -- $227 / 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 $2,786 $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 $2,124 $177,000 $30,000 $147,000
2015 $2,340 $185,000 $30,000 $155,000
2014 $2,340 $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: 1517291

Central Virginia Regional MLS

APN: W000-1070-068