NOT LISTED FOR SALE

507 N Arthur Ashe Blvd Unit 24 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $267,000 - $357,000

1 Bed
1 Bath
832 Sq Ft
$358/mo HOA Fee

Last Sold July 20, 2016

Last sale price $189,900 $228 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,296/month

6 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Balcony
  • Open High School Rated A+
  • Granite Countertops
  • Front Porch

About This Home

As of July 2016

Welcome to the Tuscan Villas, conveniently located across from the Virginia Historical Society and VMFA, and in the ever popular FAN district with food and fun nearby. This home is located on the preferred upper level giving you beautiful vacation views out the double French doors off the living room. A quaint, European style balcony extends your living space- for your pleasure and relaxation. This gorgeous condo has just completed a kitchen remodel, with new cabinets, new granite, new stainless steel gas stove, new stainless steel gas microwave, new vinyl floor, and fresh paint! Dishwasher and refrigerator are stainless also, and only a couple years old. Bathroom is updated with new vanity and refinished tub and tile surround. Hardwood floors throughout, in excellent condition! This home is one of the largest condos available at Tuscan Villas...at 832 sq.ft. Dining room can be used as a second bedroom, as it has a closet and shares the bathroom. There is even a small sitting room or office, off the living room. Condo fee includes heat, water, sewer, snow & trash removal, as well as landscaping and building maintenance. Hurry! This one won't last!

Last Agent to Sell the Property

Carla Jacobs

Shaheen Ruth Martin & Fonville License #0225052660 Listed on: 05/24/2016

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Chris Cunningham

Long & Foster REALTORS License #0225048721

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1928

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Spanish Architecture
  • Tile Roof
  • Plaster
  • Stucco

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Stacked Washer and Dryer

Kitchen

  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Outdoor Features

  • Balcony
  • Front Porch

Schools

  • Fox Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Water Heater

Community Details

  • Tuscan Villas Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-1207-077

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,752

Year Built

Built in 1928

Lot Details

0

HOA Fees

$358 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1928
  • Ownership: Individuals
  • Subdivision Name: Tuscan Villas Condominiums
  • Architectural Style: Spanish/Mediterranean
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Basement: Common Basement, Storage Space
  • Appliances: Dryer, Dishwasher, Gas Cooking, Disposal, Microwave, Refrigerator, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: French Doors
  • Interior Amenities: French Door(s)/Atrium Door(s), Granite Counters
  • Living Area: 832.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tile
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Block, Concrete, Plaster, Stucco
  • Patio And Porch Features: Balcony, Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 358.19
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1207-077
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1752.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Jul 14, 2016
Sold by
Miner Rebecca
Bought by
Saunders Thomas Adam
Seller's Agent
Carla Jacobs
Shaheen Ruth Martin & Fonville
Buyer's Agent
Chris Cunningham
Long & Foster REALTORS
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$307,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,462
Avg. Annual Appreciation
4.89%
Original Mortgage
$184,203
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Warren John
Bought by
Miner Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,670
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2002
Bought by
Warren Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,350
Interest Rate
7.04%
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
Saunders Thomas Adam $189,900 Trinity Title And Settlement
Miner Rebecca $182,500 --
Warren Karen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Thomas Adam $170,000
Closed Saunders Thomas Adam $184,203
Previous Owner Miner Rebecca $180,670
Previous Owner Warren Karen L $70,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $189,900 0.0% $228 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $189,900 -- $228 / 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 $2,820 $235,000 $40,000 $195,000
2024 $2,820 $235,000 $40,000 $195,000
2023 $2,544 $212,000 $40,000 $172,000
2022 $2,316 $193,000 $40,000 $153,000
2021 $2,160 $193,000 $40,000 $153,000
2020 $2,160 $180,000 $38,000 $142,000
2019 $2,040 $170,000 $35,000 $135,000
2018 $1,896 $158,000 $35,000 $123,000
2017 $1,824 $152,000 $35,000 $117,000
2016 $1,800 $150,000 $35,000 $115,000
2015 $1,560 $146,000 $35,000 $111,000
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: 1617875

Central Virginia Regional MLS

APN: W000-1207-077