NOT LISTED FOR SALE

505 St Albans Way Henrico, VA 23229

Estimated Value: $719,000 - $922,000

4 Beds
3 Baths
2,533 Sq Ft
$644/mo HOA Fee

Last Sold October 20, 2023

Last sale price $625,000 $247 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,288/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Separate Formal Living Room
  • Douglas S. Freeman High School Rated A-
  • 2 Fireplaces
  • 2 Car Detached Garage

About This Home

As of October 2023

Welcome to St. Albans! This neighborhood is made up of 51 Georgian-style homes located off Ridge Road in Henrico County. Known for its peaceful setting, this community remains attractive to many looking to downsize. Located within a few miles of shopping, Health care facilities and Interstate access make it an ideal place to live. This light-filled End unit offers formal living and dining rooms, an eat-in kitchen, a primary first-floor bedroom, and a large family room on the main level—a secondary primary upstairs with additional two bedrooms and a full bath. Walk-up attic with excellent storage. Plantation shutters, built-in bookcases, two fireplaces, a wet bar, detailed moldings, and ample closet space! Outside, a private rear yard with lush landscaping to enjoy quiet evenings, exterior detached storage plus two car garage!

Last Agent to Sell the Property

Holly Shaheen

Shaheen Ruth Martin & Fonville Brokerage Email: info@srmfre.com License #0225036056 Listed on: 08/17/2023

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Sue Vaught

The Steele Group License #0225093110

The Steele Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,754

Year Built

  • Built in 1992

Lot Details

  • 2,526

HOA Fees

  • $644 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,533 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Tuckahoe Elementary And Middle School
  • Freeman High School

Utilities

  • Zoned Heating and Cooling
  • Water Heater

Additional Features

  • Shed
  • Back Yard Fenced

Community Details

  • St Albans Condominium Subdivision

Listing and Financial Details

  • Assessor Parcel Number 755-737-2448-048

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,754

Year Built

Built in 1992

Lot Details

0

HOA Fees

$644 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1992
  • Property Attached Yn: Yes
  • Attribution Contact: info@srmfre.com
  • Ownership: Individuals
  • Subdivision Name: St Albans Condominium
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Vented, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, Walk-In Closet(s)
  • Living Area: 2533.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall, Hardboard
  • Exterior Features: Storage, Shed
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Detached, Garage, Garage Door Opener, Guest

Utilities

  • Heating: Electric, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Amenities: Management
  • Association Fee: 644.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Maintenance Structure, Road Maintenance, Snow Removal, Trash

Schools

  • Middle Or Junior School: Tuckahoe

Lot Info

  • Parcel Number: 755-737-2448-048
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5754.0

MLS Schools

  • Elementary School: Tuckahoe
  • High School: Freeman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Oct 18, 2023
Sold by
Amended Charles W Smith Jr and Amended Restated
Bought by
Kelley Bruce L and Kelley Theresa U
Seller's Agent
Holly Shaheen
Shaheen Ruth Martin & Fonville
Buyer's Agent
Sue Vaught
The Steele Group
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Views
205
Current Estimated Value
$794,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,044
Avg. Annual Appreciation
12.58%
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
Kelley Bruce L $625,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $625,000 -3.7% $247 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $649,000 -3.9% $256 / Sq Ft
08/20/2023 08/20/23 For Sale $675,000 -- $266 / 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 $5,855 $676,900 $139,300 $537,600
2024 $5,855 $676,900 $139,300 $537,600
2023 $5,754 $676,900 $139,300 $537,600
2022 $5,209 $612,800 $121,600 $491,200
2021 $4,911 $537,600 $91,200 $446,400
2020 $4,677 $537,600 $91,200 $446,400
2019 $4,677 $537,600 $91,200 $446,400
2018 $4,604 $529,200 $91,200 $438,000
2017 $4,604 $529,200 $91,200 $438,000
2016 $4,409 $506,800 $91,200 $415,600
2015 $4,288 $506,800 $91,200 $415,600
2014 $4,288 $492,900 $91,200 $401,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2320130

Central Virginia Regional MLS

APN: 755-737-2448.048