NOT LISTED FOR SALE

507 S Davis Ave Unit 2 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $299,355 - $357,000

2 Beds
1 Bath
763 Sq Ft
$245/mo HOA Fee

Last Sold August 27, 2024

Last sale price $275,000 $360 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,147/month

10 Days on Market

Highlights

  • Waterfront
  • Solid Surface Countertops
  • Ceramic Tile Flooring
  • Open High School Rated A+
  • Cooling Available
  • Landscaped

About This Home

As of August 2024

Discover the perfect blend of comfort and convenience in this charming first-floor, move-in ready Byrd Park condo located at the picturesque Fountain Lake. This delightful 2-bedroom unit features an open floor plan with a lovely living room that seamlessly flows into the dining area, ideal for entertaining or everyday living.
The white-cabinet kitchen is a standout with its brand-new sink, and freshly installed stylish butcher block countertops. Both bedrooms are filled with natural light, and each has its own closet. The fully renovated bathroom with its large shower area and fashionable vanity is conveniently located in the hallway, easily accessible from all parts of the home.
Additional features include a secure building entrance, a dedicated storage unit, and laundry facilities in the basement. This unit’s HVAC system is only 2 years old, ensuring comfort and efficiency. The condo building has its own parking lot located in the back and plenty of street parking all around. Condo fee includes water & sewer, owner only pays for electricity, internet and city stormwater fee.
Living here means you're just a short walk away from the vibrant offerings of Carytown, the VITA Trail jogging path, Maymont Park, and the Carillon, which is known for its annual Arts in the Park event. Enjoy the eclectic dining options in the nearby Fan district. This location also offers easy access to I-95, and I-64, making commuting a breeze.
Don’t miss the opportunity to make this beautiful condo your new home in one of Richmond’s most desirable neighborhoods!

Last Agent to Sell the Property

Jolanda Knezevich

Long & Foster REALTORS Brokerage Phone: (804) 513-2632 License #0225071413 Listed on: 07/12/2024

Long & Foster REALTORS

Last Buyer's Agent

Austin Gauthier

Joyner Fine Properties License #0225233971

Joyner Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1923

Lot Details

  • Waterfront
  • Landscaped
  • Sprinkler System

HOA Fees

  • $245 Monthly HOA Fees

Property Views

  • Water
  • City

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 763 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Dining Area
  • Ceramic Tile Flooring
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • On-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W000-1070-031

Community Details

Overview

  • Fountain Lake Condominiums Subdivision
  • Maintained Community

Amenities

  • Common Area
  • Community Storage Space

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,340

Year Built

Built in 1923

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Attribution Contact: (804) 513-2632
  • Lot Size Acres: 0.1164
  • Water Body Name: Fountain lake
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Above Grade Finished Sq Ft: 763.0
  • Architectural Style: Low Rise
  • Entry Level: 1
  • 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: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Basement: Partial
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Stove
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Dining Area, High Speed Internet, Solid Surface Counters, Cable TV, Wired for Data
  • Living Area: 763.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Fencing: None
  • Lot Features: Landscaped, Waterfront
  • Pool Features: None
  • View: City, Water
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association, Laundry Facilities, Maintained Community, Storage Facilities, Street Lights
  • Amenities: Management
  • Association Fee: 245.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1070-031
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2340.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 12, 2024
Sold by
Anfinson Sarah L
Bought by
Holdgreiwe Gavin
Seller's Agent
Jolanda Knezevich
Long & Foster REALTORS
Buyer's Agent
Austin Gauthier
Joyner Fine Properties
List Price
$275,000
Sold Price
$275,000
Views
121
Current Estimated Value
$319,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,839
Avg. Annual Appreciation
14.17%
Original Mortgage
$247,500
Outstanding Balance
$244,645
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$75,194
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
Holdgreiwe Gavin $275,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holdgreiwe Gavin $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $275,000 0.0% $360 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $275,000 -- $360 / 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 $2,532 $211,000 $40,000 $171,000
2024 $2,532 $211,000 $40,000 $171,000
2023 $2,340 $195,000 $40,000 $155,000
2022 $2,052 $171,000 $40,000 $131,000
2021 $1,956 $171,000 $40,000 $131,000
2020 $1,956 $163,000 $34,000 $129,000
2019 $1,776 $148,000 $30,000 $118,000
2018 $1,644 $137,000 $30,000 $107,000
2017 $1,584 $132,000 $30,000 $102,000
2016 $1,524 $127,000 $30,000 $97,000
2015 $1,680 $130,000 $30,000 $100,000
2014 $1,680 $140,000 $30,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2417707

Central Virginia Regional MLS

APN: W000-1070-031