T
Seller's Agent in 2024
Theresa Alford
Henry Briggs & Assoc, Inc
(804) 317-3333
1 in this area
14 Total Sales
505 S Davis Ave Unit 5 Richmond, VA 23220
Byrd Park NeighborhoodEstimated Value: $298,000 - $438,717
3
Beds
2
Baths
1,120
Sq Ft
$397/mo
HOA Fee
Highlights
- Water Views
- 0.24 Acre Lot
- Community Lake
- Open High School Rated A+
- Colonial Architecture
- Wood Flooring
About This Home
As of April 2024Lake view! Updated move-in ready 3 bedroom/2 full bath condo in Historic Fountain Lake Condominiums, located on the 2nd floor directly across from Boat Lake at Byrd Park with a beautiful view of the lake! Close to restaurants on Robinson St, Main St and in Carytown. Enjoy the natural surroundings in nearby Byrd Park and Maymont. The kitchen has been updated with copper counters, newer dishwasher and refrigerator. With beautiful wood floors throughout, the spacious living room has built-in bookshelves installed. The main bedroom has built-in California Closets. The Jack- and-Jill bathroom and the 2nd bathroom have both been updated. A private washer and dryer in condo plus community washers and dryers are located in basement. Private storage unit in basement of this building. Monthly condo fee includes trash/recycling collection, water, sewer and gas utilities! (Does NOT include electricity or internet.) Off-street parking spaces located behind building as well as many street parking options available! Per ACS West, there is a rental cap restriction, and its full with a waiting list. Not currently FHA approved, check with your lender for financing.
Last Agent to Sell the Property
Henry Briggs & Assoc, Inc License #0225199872 Listed on: 03/26/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,816
Year Built
- Built in 1923
Lot Details
- 10,324
HOA Fees
- $397 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 1,120 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Water Views
Kitchen
- Stove
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Porch
Schools
- Lois-Harrison Jones Elementary School
- Albert Hill Middle School
- Thomas Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Water Heater
Community Details
- Fountain Lake Condominiums Subdivision
- Community Lake
- Pond in Community
Listing and Financial Details
- Assessor Parcel Number W000-1070-047
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2024
Closed on
Apr 17, 2024
Sold by
Evans Elizabeth F and Diederich William P
Bought by
Taylor Patricia A
Seller's Agent
Theresa Alford
Henry Briggs & Assoc, Inc
Buyer's Agent
Nicole Asbell
RE/MAX Commonwealth
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Views
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,821
Avg. Annual Appreciation
-7.88%
Purchase Details
Listed on
Mar 15, 2022
Closed on
Apr 22, 2022
Sold by
Oritt Eric J
Bought by
Diederich William P and Diederich Ruth J
Seller's Agent
Theresa Alford
Shaheen Ruth Martin & Fonville
Buyer's Agent
Theresa Alford
Shaheen Ruth Martin & Fonville
List Price
$349,500
Sold Price
$401,000
Premium/Discount to List
$51,500
14.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Purchase Details
Closed on
Mar 11, 2016
Sold by
Dundas Christina P and Siegel-Hawley Genevieve P
Bought by
Oritt Eric J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2004
Sold by
Cousins Taylor K
Bought by
Marston Robert D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 1999
Sold by
Cousins Levonne U and Taylor Kcousins/H W
Bought by
Cousins Levonne U and Cousins Taylor K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Taylor Patricia A | $430,000 | First American Title Insurance | |
| Diederich William P | $401,000 | Stewart Title Guaranty Company | |
| Oritt Eric J | $242,500 | Attorney | |
| Marston Robert D | $170,000 | -- | |
| Cousins Levonne U | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Oritt Eric J | $194,000 | |
| Previous Owner | Marston Robert D | $100,000 | |
| Previous Owner | Cousins Levonne U | $67,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2024 04/18/24 | Sold | $430,000 | +1.2% | $384 / Sq Ft |
| 03/29/2024 03/29/24 | Pending | -- | -- | -- |
| 03/26/2024 03/26/24 | For Sale | $425,000 | +6.0% | $379 / Sq Ft |
| 04/29/2022 04/29/22 | Sold | $401,000 | +14.7% | $358 / Sq Ft |
| 03/21/2022 03/21/22 | Pending | -- | -- | -- |
| 03/15/2022 03/15/22 | For Sale | $349,500 | -- | $312 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $4,152 | $346,000 | $40,000 | $306,000 |
| 2024 | $4,152 | $346,000 | $40,000 | $306,000 |
| 2023 | $3,816 | $318,000 | $40,000 | $278,000 |
| 2022 | $3,048 | $254,000 | $40,000 | $214,000 |
| 2021 | $2,904 | $254,000 | $40,000 | $214,000 |
| 2020 | $2,904 | $242,000 | $51,000 | $191,000 |
| 2019 | $1,485 | $220,000 | $30,000 | $190,000 |
| 2018 | $2,436 | $203,000 | $30,000 | $173,000 |
| 2017 | $2,340 | $195,000 | $30,000 | $165,000 |
| 2016 | $2,244 | $187,000 | $30,000 | $157,000 |
| 2015 | $1,980 | $175,000 | $30,000 | $145,000 |
| 2014 | $1,980 | $165,000 | $30,000 | $135,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Nicole Asbell
RE/MAX
(804) 926-9686
1 in this area
114 Total Sales
-
Buyer Co-Listing Agent in 2024
Robin Johnson
RE/MAX
(804) 241-5661
2 in this area
137 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2407384
APN: W000-1070-047
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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