NOT LISTED FOR SALE

505 N Arthur Ashe Blvd Unit 5 Richmond, VA 23219

The Fan Neighborhood

Estimated Value: $304,000 - $347,000

3 Beds
1 Bath
916 Sq Ft
$386/mo HOA Fee

Last Sold May 22, 2017

Last sale price $197,000 $215 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,341/month

6 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • French Doors
  • Open High School Rated A+
  • Window Unit Cooling System
  • Radiator

About This Home

As of May 2017

Beautiful 3 bedroom Condo in Fan/Museum District.

Last Agent to Sell the Property

Damien Cummings

757 Realty License #0225096635 Listed on: 04/12/2017

Last Buyer's Agent

Mike Alexander

Neville C Johnson & Assoc, Inc License #0225076807

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1928

HOA Fees

  • $386 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Wood Flooring
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Fox Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

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

Community Details

  • Tuscan Villas Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-1207-058

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,896

Year Built

Built in 1928

Lot Details

0

HOA Fees

$386 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Tuscan Villas Condominiums
  • Architectural Style: Spanish/Mediterranean
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Interior Amenities: Bedroom on Main Level, French Door(s)/Atrium Door(s)
  • Living Area: 916.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 386.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Gas, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1207-058
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1896.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 13, 2017
Sold by
Juarez Gilbert D and Juarez Cynthia M
Bought by
Bradley Caitlin O
Seller's Agent
Damien Cummings
757 Realty
Buyer's Agent
Mike Alexander
Neville C Johnson & Assoc, Inc
List Price
$196,900
Sold Price
$197,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$322,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,127
Avg. Annual Appreciation
6.05%
Original Mortgage
$157,600
Outstanding Balance
$131,064
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$191,063

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 11, 2015
Sold by
Wheeler Joie M
Bought by
Juarez Gilbert D
Seller's Agent
Robb Moss
Long & Foster REALTORS
Buyer's Agent
Damien Cummings
757 Realty
List Price
$189,000
Sold Price
$185,500
Premium/Discount to List
-$3,500
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$191,621
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2001
Sold by
Grafe Michael W
Bought by
Wheeler Joie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,560
Interest Rate
6.88%
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
Bradley Caitlin O $197,000 Attorney
Juarez Gilbert D $185,500 --
Wheeler Joie M $123,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Caitlin O $157,600
Previous Owner Juarez Gilbert D $191,621
Previous Owner Wheeler Joie M $97,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $197,000 +0.1% $215 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $196,900 +6.1% $215 / Sq Ft
06/15/2015 06/15/15 Sold $185,500 -1.9% $203 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $189,000 -- $206 / 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 $2,964 $247,000 $40,000 $207,000
2024 $2,964 $247,000 $40,000 $207,000
2023 $2,676 $223,000 $40,000 $183,000
2022 $2,436 $203,000 $40,000 $163,000
2021 $2,280 $203,000 $40,000 $163,000
2020 $2,280 $190,000 $40,000 $150,000
2019 $2,148 $179,000 $35,000 $144,000
2018 $1,992 $166,000 $35,000 $131,000
2017 $1,920 $160,000 $35,000 $125,000
2016 $1,896 $158,000 $35,000 $123,000
2015 -- $154,000 $35,000 $119,000
2014 -- $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: 1713462

Central Virginia Regional MLS

APN: W000-1207-058