NOT LISTED FOR SALE

507 S Davis Ave Unit 1 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $309,000 - $326,000

2 Beds
1 Bath
837 Sq Ft
$243/mo HOA Fee

Last Sold January 16, 2019

Last sale price $210,000 $251 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,228/month

35 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Bay Window
  • Open High School Rated A+
  • High Ceiling
  • Built-In Features

About This Home

As of January 2019

Unique lake views from every room of this first-level condo overlooking Fountain Lake in Byrd Park. This unit features a tasteful layout, high ceilings, gorgeous wood flooring, and comfy vibes throughout. Walking in, the sun-filled living room is spacious and opens to morning room | sitting area showcasing the stunning year round lake views from the bay window. The kitchen encompasses white cabinetry, bar area, and stainless steel appliances. Master Bedroom with picturesque view, ceiling fan, built-ins perfect for storage/clothing, another closet, and Jack n Jill Bath access. The second bedroom is nicely sized with ceiling fan, two large closets. Enjoy breathtaking views from every room and look forward to coming home everyday! Storage unit comes with this condo. Everything is within walking distance to your home in the Park - Carytown, Vitacourse - jogging path, Fan restaurants, and more!!!

Last Agent to Sell the Property

Jolanda Knezevich

Long & Foster REALTORS License #0225071413 Listed on: 11/15/2018

Long & Foster REALTORS

Last Buyer's Agent

Larry Sanders

Hometown Realty License #0225185338

Hometown Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1923

Lot Details

  • 5,070

HOA Fees

  • $243 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 837 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Bay Window
  • City Views
  • Intercom Access

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Storage

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number W000-1070-030

Community Details

Overview

  • Fountain Lake Condominiums Subdivision
  • Maintained Community

Additional Features

  • Community Storage Space
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,776

Year Built

Built in 1923

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.1164
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Architectural Style: Low Rise
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Basement: Storage Space, Walk-Out Access
  • Appliances: Dishwasher, Electric Cooking, Microwave, Refrigerator
  • Other Equipment: Intercom
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bookcases, Built-in Features, Bay Window, Ceiling Fan(s), High Ceilings, Main Level Primary
  • Living Area: 837.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Flat
  • Fencing: None
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Community/Coop Sewer
  • Water Source: Public
  • Laundry Features: Common Area
  • Security: Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association, Laundry Facilities, Maintained Community, Storage Facilities, Street Lights
  • Amenities: Landscaping, Management
  • Association Fee: 242.56
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1070-030
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1776.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2011
Closed on
Apr 27, 2012
Sold by
Smith Charles A
Bought by
Alwood Robert J
Seller's Agent
Tyler Rackley
GO Real Estate Inc
Buyer's Agent
Sam Smith
Towne & Country Real Estate
List Price
$160,000
Sold Price
$161,500
Premium/Discount to List
$1,500
0.94%
Current Estimated Value
$320,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,040
Avg. Annual Appreciation
5.27%
Original Mortgage
$157,405
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2005
Sold by
Haas John E
Bought by
Anfinson Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,917
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2005
Sold by
Winston Kevin
Bought by
Smith Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,917
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2000
Bought by
Abell John D and Abell Melissa L

Purchase Details

Closed on
Jul 21, 1999
Sold by
Strfanik Mary H
Bought by
Hoffman Ruth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.49%
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
Alwood Robert J $161,500 --
Anfinson Sarah L $137,000 --
Smith Charles $155,000 --
Abell John D $79,850 --
Hoffman Ruth B $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Chelsea L $177,028
Closed Alwood Robert J $157,405
Previous Owner Anfinson Sarah L $133,917
Previous Owner Smith Charles $31,000
Previous Owner Smith Charles $124,000
Previous Owner Hoffman Ruth B $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2019 01/16/19 Sold $210,000 0.0% $251 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $210,000 0.0% $251 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $210,000 +30.0% $251 / Sq Ft
05/11/2012 05/11/12 Sold $161,500 +0.9% $193 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
09/06/2011 09/06/11 For Sale $160,000 -- $191 / 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 $2,760 $230,000 $40,000 $190,000
2024 $2,760 $230,000 $40,000 $190,000
2023 $2,544 $212,000 $40,000 $172,000
2022 $2,220 $185,000 $40,000 $145,000
2021 $2,112 $185,000 $40,000 $145,000
2020 $2,112 $176,000 $37,000 $139,000
2019 $1,920 $160,000 $30,000 $130,000
2018 $1,776 $148,000 $30,000 $118,000
2017 $1,704 $142,000 $30,000 $112,000
2016 $1,644 $137,000 $30,000 $107,000
2015 $1,860 $150,000 $30,000 $120,000
2014 $1,860 $155,000 $30,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1838843

Central Virginia Regional MLS

APN: W000-1070-030