NOT LISTED FOR SALE

505 N Arthur Ashe Blvd Unit U15 Richmond, VA 23219

The Fan Neighborhood

Estimated Value: $261,000 - $326,000

2 Beds
1 Bath
777 Sq Ft
$354/mo HOA Fee

Last Sold September 06, 2024

Last sale price $245,000 $315 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,127/month

2 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Window Unit Cooling System
  • Open High School Rated A+
  • Spanish Architecture
  • Controlled Access

About This Home

As of September 2024

LOCATION-LOCATION-LOCATION! Welcome to this charming condo nestled in the heart of the MUSEUM DISTRICT. DIRECTLY ACROSS FROM THE VMFA. YOU CAN'T BEAT THIS LOCATION. While the unit needs some updating, it offers an excellent opportunity for customization and upgrades to reflect your personal style. This condo boasts a prime location, providing easy access to the city's best amenities, including dining, shopping, and entertainment. With a little vision, you can transform this space into your dream urban retreat. Both bedrooms are a nice size.
One could be a dedicated office for those remote folks. Bathroom features the charm of the day. Unit can accommodate a washer/dryer for in-house laundry--love that convenience!! Don't miss out on the chance to own a property in such a desirable area and create a home that perfectly suits your taste.

Last Agent to Sell the Property

Beth Pretty

KW Metro Center Brokerage Phone: (804) 858-9000 License #0225188176 Listed on: 08/06/2024

KW Metro Center

Last Buyer's Agent

Susan Rucker

Long & Foster REALTORS License #0225099401

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1928

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Spanish Architecture
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 777 Sq Ft Home
  • 1-Story Property
  • City Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 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 W000-1207-062

Community Details

Overview

  • Tuscan Villas Condominiums Subdivision

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,868

Year Built

Built in 1928

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Property Attached Yn: Yes
  • Attribution Contact: (804) 858-9000
  • Ownership: Estate
  • Subdivision Name: Tuscan Villas Condominiums
  • Above Grade Finished Sq Ft: 777.0
  • Architectural Style: Mid Rise, Spanish/Mediterranean
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooking, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Laminate Counters, Main Level Primary
  • Living Area: 777.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tile
  • Fencing: None
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 353.89
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1207-062
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2868.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Aug 26, 2024
Sold by
Waddington E Clifton E and Waddington Charles J
Bought by
Hayes Carly A
Seller's Agent
Beth Pretty
KW Metro Center
Buyer's Agent
Susan Rucker
Long & Foster REALTORS
List Price
$224,500
Sold Price
$245,000
Premium/Discount to List
$20,500
9.13%
Views
47
Current Estimated Value
$289,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,354
Avg. Annual Appreciation
16.83%
Original Mortgage
$196,000
Outstanding Balance
$193,923
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$95,431

Purchase Details

Closed on
Jun 27, 2001
Sold by
Craft Erik D
Bought by
Waddington Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
7.14%
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
Hayes Carly A $245,000 Fidelity National Title
Waddington Beth A $93,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Carly A $196,000
Previous Owner Waddington Beth A $93,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $245,000 +9.1% $315 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $224,500 -- $289 / 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 $2,868 $239,000 $40,000 $199,000
2024 $2,868 $239,000 $40,000 $199,000
2023 $2,592 $216,000 $40,000 $176,000
2022 $2,364 $197,000 $40,000 $157,000
2021 $2,208 $197,000 $40,000 $157,000
2020 $2,208 $184,000 $39,000 $145,000
2019 $2,088 $174,000 $35,000 $139,000
2018 $1,932 $161,000 $35,000 $126,000
2017 $1,860 $155,000 $35,000 $120,000
2016 $1,836 $153,000 $35,000 $118,000
2015 $1,560 $144,000 $35,000 $109,000
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: 2420575

Central Virginia Regional MLS

APN: W000-1207-062