NOT LISTED FOR SALE

505 N Arthur Ashe Blvd Unit 1 Richmond, VA 23219

The Fan Neighborhood

Estimated Value: $298,000 - $362,000

3 Beds
1 Bath
890 Sq Ft
$372/mo HOA Fee

Last Sold September 14, 2016

Last sale price $195,000 $219 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,337/month

5 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Window Unit Cooling System
  • Open High School Rated A+
  • Solid Surface Countertops
  • Ceiling Fan

About This Home

As of September 2016

Corner unit 1st level condo! Museum District! One of the largest units in Tuscan Villas! 3BR, Wood and Tile flooring. Ceiling Fan/Lights throughout! Lots of Sunlight and Character! Restaurants and Shopping galore close by! Association fee covers heat, water, sewer & trash removal! All appliances convey in as-is condition.

Last Agent to Sell the Property

Carlos Lauranzon

Carlos & Company Realty,Inc License #0225109846 Listed on: 08/21/2016

Last Buyer's Agent

Crystal Taylor

RE/MAX Commonwealth License #0225087954

RE/MAX Commonwealth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1928

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 890 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Partial Basement
  • Washer

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Fox Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W000-1207-054

Community Details

Overview

  • Tuscan Villas Condominiums Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,884

Year Built

Built in 1928

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Ownership: Individuals
  • Subdivision Name: Tuscan Villas Condominiums
  • Architectural Style: Spanish/Mediterranean
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Partial
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Main Level Primary, Solid Surface Counters
  • Living Area: 890.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tile
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Other, Stucco
  • Property Condition: Resale

Utilities

  • Heating: Natural Gas, Radiator(s)
  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association
  • Amenities: Landscaping
  • Association Fee: 371.89
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Heat, Maintenance Grounds, Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1207-054
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1884.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2016
Closed on
Sep 12, 2016
Sold by
Fragoso Lino L and Fragoso Amalia L
Bought by
Newall Boni Keene
Seller's Agent
Carlos Lauranzon
Carlos & Company Realty,Inc
Buyer's Agent
Crystal Taylor
RE/MAX Commonwealth
List Price
$189,950
Sold Price
$195,000
Premium/Discount to List
$5,050
2.66%
Current Estimated Value
$324,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,238
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Jul 2, 2008
Sold by
Mathers Constance H
Bought by
Fragoso Lino L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,499
Interest Rate
6.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2005
Sold by
Scoggins Keith
Bought by
Mathers Constance

Purchase Details

Closed on
Sep 30, 2003
Sold by
Shaffer H Elizabeth
Bought by
Scroggins Keith P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,375
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

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
Newall Boni Keene $195,000 Attorney
Fragoso Lino L $184,950 --
Mathers Constance $192,000 --
Scroggins Keith P $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fragoso Lino L $183,499
Previous Owner Scroggins Keith P $108,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $195,000 +2.7% $219 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
08/21/2016 08/21/16 For Sale $189,950 -- $213 / 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 $2,952 $246,000 $40,000 $206,000
2024 $2,952 $246,000 $40,000 $206,000
2023 $2,664 $222,000 $40,000 $182,000
2022 $2,424 $202,000 $40,000 $162,000
2021 $2,268 $202,000 $40,000 $162,000
2020 $2,268 $189,000 $40,000 $149,000
2019 $2,136 $178,000 $35,000 $143,000
2018 $1,980 $165,000 $35,000 $130,000
2017 $1,908 $159,000 $35,000 $124,000
2016 $1,884 $157,000 $35,000 $122,000
2015 $1,680 $153,000 $35,000 $118,000
2014 $1,680 $140,000 $35,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1629117

Central Virginia Regional MLS

APN: W000-1207-054