NOT LISTED FOR SALE

505 S Davis Ave Unit 8 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $315,000 - $344,000

2 Beds
2 Baths
827 Sq Ft
$242/mo HOA Fee

Last Sold July 31, 2019

Last sale price $195,000 $236 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,253/month

13 Days on Market

Highlights

  • 0.24 Acre Lot
  • Main Floor Primary Bedroom
  • Walk-In Closet
  • Open High School Rated A+
  • High Ceiling
  • Controlled Access

About This Home

As of July 2019

Wonderful condo living in the city! This 2 bedroom, 2 full bath condo is conveniently located in a beautiful 1923 brick building over looking Fountain Lake and Byrd Park. It is a short walk from Maymont, the James River, Carytown, and The Fan! Two bedrooms, each with its own full bath. Additional features include a basement with separate storage area for each condo, and a community laundry area. New thermal pane replacement windows were installed less than 12 months ago in this unit! Although there is a laundry room in the basement with a lot of machines, the seller has a portable washer in the kitchen which she will leave. It just rolls to the kitchen sink and she washes her clothes there and hangs them to dry. Association pays water/sewer/trash!! Also, some of the other owners have installed the washer/dryer ventless combo in their units, which is also a great idea! There is also off street parking to the building. Richmond magazine listed Fountain Lake and Byrd Park as one of Richmond's "Hottest Neighborhoods"!!

Last Agent to Sell the Property

Paul Linegar

Boyd Realty Group License #0225122182 Listed on: 06/18/2019

Last Buyer's Agent

Alexandra Leigh

River Fox Realty LLC License #0225230807

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1923

Lot Details

  • 10,324

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 827 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Dining Area
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Shared Basement
  • Basement Storage

Schools

  • Lois-Harrison Jones Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-1070-050

Community Details

Overview

  • Fountain Lake Condominiums Subdivision

Amenities

  • Common Area
  • Community Storage Space

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,016

Year Built

Built in 1923

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.237
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Architectural Style: Low Rise
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Basement: Common Basement, Storage Space
  • Appliances: Dishwasher, Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Dining Area, High Ceilings, Bath in Primary Bedroom, Main Level Primary, Walk-In Closet(s)
  • Living Area: 827.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick
  • Property Condition: Resale

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association, Storage Facilities
  • Amenities: Management
  • Association Fee: 242.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1070-050
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2016.0

MLS Schools

  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Logsdon Melissa Lennon
Bought by
Boothby Michael T
Current Estimated Value
$323,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Outstanding Balance
$191,205
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$132,157

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jul 24, 2019
Sold by
Oakmoto Stephanie M
Bought by
Logsdon Melissa Lennon
Seller's Agent
Paul Linegar
Boyd Realty Group
Buyer's Agent
Alexandra Leigh
River Fox Realty LLC
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Oct 16, 2002
Sold by
Cousins Taylor K
Bought by
Okamoto Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,792
Interest Rate
6.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Boothby Michael T $230,000 Attorney
Logsdon Melissa Lennon $195,000 Attorney
Okamoto Stephanie M $115,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boothby Michael T $207,000
Previous Owner Logsdon Melissa Lennon $60,001
Previous Owner Okamoto Stephanie M $84,700
Previous Owner Okamoto Stephanie M $111,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $195,000 -4.9% $236 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $205,000 -- $248 / 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 $2,892 $241,000 $40,000 $201,000
2024 $2,892 $241,000 $40,000 $201,000
2023 $2,664 $222,000 $40,000 $182,000
2022 $2,328 $194,000 $40,000 $154,000
2021 $2,220 $194,000 $40,000 $154,000
2020 $2,220 $185,000 $39,000 $146,000
2019 $2,016 $168,000 $30,000 $138,000
2018 $1,860 $155,000 $30,000 $125,000
2017 $1,788 $149,000 $30,000 $119,000
2016 $1,716 $143,000 $30,000 $113,000
2015 $1,800 $145,000 $30,000 $115,000
2014 $1,800 $150,000 $30,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Paul Linegar

    Seller's Agent in 2019

    Paul Linegar

    Boyd Realty Group

    (804) 334-3365

    2 in this area

    60 Total Sales

    Section Image
  • Alexandra Leigh

    Buyer's Agent in 2019

    Alexandra Leigh

    River Fox Realty LLC

    (804) 519-5517

    1 in this area

    91 Total Sales

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Map

Source: Central Virginia Regional MLS

MLS Number: 1920310

Central Virginia Regional MLS

APN: W000-1070-050

Virginia Richmond City County Richmond 23220 Byrd Park

505 S Davis Ave Unit 8, Richmond, VA

This home is located at 505 S Davis Ave Unit 8, Richmond, VA 23220 since 18 June 2019 and is currently estimated at $323,362, approximately $391 per square foot. This property was built in 1923. 505 S Davis Ave Unit 8 is a home located in Richmond City with nearby schools including Lois-Harrison Jones Elementary School, Albert Hill Middle, and Open High School.

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.

Central Virginia Regional MLS 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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