NOT LISTED FOR SALE

505 N Arthur Ashe Blvd Unit 16 Richmond, VA 23219

The Fan Neighborhood

Estimated Value: $295,000 - $342,000

2 Beds
1 Bath
809 Sq Ft
1928 Built

Last Sold July 23, 2015

Last sale price $182,000 $225 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,963/month

About This Home

As of July 2015

Fabulous Tuscan Villa unit on the second floor with the rare full patio/porch! Enjoy city living on the Boulevard! The unit has a flexible floorplan which features a large living room with a wall of built-ins and two sets of French doors to the covered patio/porch. The master has a large closet and shares a jack and jill bath with the second bedroom which can also be used as a den or dining room. The kitchen was renovated about 12 years ago and so was the full bath. The hallway contains a huge walk in closet with closet system and a large coat closet. There is an on-site maintenance department 9-5 Monday to Friday.

Last Agent to Sell the Property

Karen Berkness

The Steele Group License #0225042448 Listed on: 06/22/2015

The Steele Group

Last Buyer's Agent

Dennis Norwood

Samson Properties License #0225184619

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,192

Year Built

  • 1928

Home Design

  • Tile Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 1 Level
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number W0001207063

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,192

Year Built

1928

Lot Details

0

Listing Details

  • Restrictions: Assoc Restrictions
  • Structure: Frame
  • Price Per Finished Sq Ft: 224.97
  • Unit Placement: Middle Level
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1928

Interior Features

  • Appliances Equipment: Dishwasher, Electric Cooking, Microwave, Refrigerator, Stack Washer/Dryer, Stove
  • Flooring: Tile, Wood
  • Interior: Built In Cabinet/Bookcases, Cable TV, Ceiling Fan, Pantry, Stack Wshr/Dryer Hookup
  • Number of Rooms: 7
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Shower
  • Basement Type: Shared Basement, Tenant Storage
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Balcony
  • Roof: Tile
  • Siding: Stucco
  • Wall Type: Drywall, Plaster

Garage/Parking

  • Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Central Boiler
  • Cooling: Individual Window Units
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Central Source, Natural Gas

Association/Amenities

  • Amenities: Association, Common Area, Controlled Access, Locked Storage, Professional Management
  • Management Firm: Landmark Property Services

Fee Information

  • Fee: 358.00
  • Fee Description: Condo Association
  • Fee Includes: Building Insurance, Comm Ar Mnt, Exterior Maintenance, Gas, Heat, Hot Water, Management Fees, Sewer, Trash Removal, Water
  • Fee Period: Monthly

Schools

  • Elementary School: Fox
  • Middle School: Binford
  • High School: Thomas Jefferson

Lot Info

  • Zoning: R-48 Multi Family
  • Parcel Number: W0001207063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jul 14, 2015
Sold by
Ugwu Arinzechukwu
Bought by
Chenoweth Janet E
Seller's Agent
Karen Berkness
The Steele Group
Buyer's Agent
Dennis Norwood
Samson Properties
List Price
$184,000
Sold Price
$182,000
Premium/Discount to List
-$2,000
-1.09%
Current Estimated Value
$320,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,147
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Mar 31, 2009
Sold by
Toland Claes G
Bought by
Ugwu Arinzechukwu
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
Chenoweth Janet E $182,000 --
Ugwu Arinzechukwu $170,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $182,000 -1.1% $225 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $184,000 -- $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 $3,192 $266,000 $40,000 $226,000
2024 $3,192 $266,000 $40,000 $226,000
2023 $2,880 $240,000 $40,000 $200,000
2022 $2,616 $218,000 $40,000 $178,000
2021 $2,448 $218,000 $40,000 $178,000
2020 $2,448 $204,000 $43,000 $161,000
2019 $2,304 $192,000 $35,000 $157,000
2018 $2,136 $178,000 $35,000 $143,000
2017 $2,052 $171,000 $35,000 $136,000
2016 $2,016 $168,000 $35,000 $133,000
2015 $1,560 $156,000 $35,000 $121,000
2014 $1,560 $130,000 $35,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1517961

Central Virginia Regional MLS

APN: W000-1207-063