$185,500
SOLD JUN 15, 2015

505 N Arthur Ashe Blvd Unit 5 Richmond, VA 23219

The Fan Neighborhood
3 Beds
1 Bath
916 Sq Ft
1928 Built

Recently Sold

$203 Per Sq Ft

2% Below List Price

About This Home

As of May 2017

One of the most highly desirable places to live in the Fan/Museum District area! This top floor unit is one of the largest Tuscan Villa condos, located at the front of the complex and overlooks historic Boulevard. Enter the generous sized living room and open the French doors leading to a Juliette balcony. Continue to the two bedrooms with an updated full bath located between the two. The current formal dining room also has its own closet and could be a 3rd bedroom or den. There is also an open arched area that is a great set up for an office or breakfast room. The galley kitchen includes all appliances as well as a washer and dryer. There is a back porch and stairs to the ground level. Convenient to accessing several major highways and walking distance to museums, restaurants and shopping, this charming condo is a true find!

Last Agent to Sell the Property

Robb Moss

Long & Foster REALTORS License #0225057758 Listed on: 04/27/2015

Long & Foster REALTORS

Last Buyer's Agent

Damien Cummings

757 Realty License #0225096635

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,964

Year Built

  • 1928

Interior Spaces

  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number W0001207058

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,964

Year Built

1928

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 202.51
  • Unit Placement: Top Level
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1928

Interior Features

  • Appliances Equipment: Dryer, Refrigerator, Stove, Washer
  • Flooring: Wood
  • Interior: 1st Floor Bedrm W/ Full Bath, 1st Floor Bedroom, French Doors
  • Number of Rooms: 9
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Shared Basement, Tenant Storage
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Balcony
  • Siding: Stucco
  • Wall Type: Mixed

Garage/Parking

  • Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiator
  • Cooling: Individual Window Units
  • Sewer: Public Sewer
  • Water: Public Water

Association/Amenities

  • Amenities: Landscaping, Locked Storage, Professional Management

Fee Information

  • Fee: 386.00
  • Fee Description: Condo Association
  • Fee Includes: Building Insurance, Community Utilities, Exterior Maintenance, Gas, Heat, Management Fees, Sewer, Trash Removal, Water, Yard Maintenance
  • Fee Period: Monthly

Schools

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

Lot Info

  • Zoning: R-48 Multi Family
  • Parcel Number: W0001207058

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 Type Sale Price Title Company
Warranty Deed $197,000 Attorney
Warranty Deed $185,500 --
Warranty Deed $123,950 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,600 New Conventional
Previous Owner $191,621 VA
Previous Owner $97,560 New Conventional
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: 1511874

Central Virginia Regional MLS

APN: W000-1207-058