NOT LISTED FOR SALE

507 S Davis Ave Unit 4 Richmond, VA 23220

Byrd Park Neighborhood

Estimated Value: $288,756 - $315,000

2 Beds
1 Bath
763 Sq Ft
$221/mo HOA Fee

Last Sold September 29, 2020

Last sale price $191,000 $250 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,099/month

2 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Central Air
  • Open High School Rated A+
  • Balcony
  • Ceiling Fan

About This Home

As of September 2020

Looking for the perfect spot in one of the most ideal areas of Richmond? Don't miss this super 2nd floor condo at Fountain Lake in Byrd Park! The living area is an inviting and cozy open-concept living space with open galley style kitchen. With 2 bedrooms and a full bath, this Condo has all the space you need for comfortable, convenient city living. There is storage and laundry in the basement. The building overlooks one of the most beautiful park areas that Richmond has to offer and is within walking distance (Walk score 83!) to many restaurants and bars throughout Carytown and The Fan. Come see it soon as this one won't last long!

Last Agent to Sell the Property

Travis Qualls

Small & Associates License #0225231964 Listed on: 08/19/2020

Co-Listed By

Christopher Small

Small & Associates License #0225108723

Last Buyer's Agent

Robert Harris

Compass License #0225199591

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1923

Lot Details

  • 5,070

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 763 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Carpeted

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Schools

  • Carver Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Additional Features

  • Balcony
  • Lake Front

Community Details

  • Fountain Lake Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number W000-1070-033

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,776

Year Built

Built in 1923

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1923
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.1164
  • Co List Office Mls Id: CSRE01
  • Co List Office Phone: 804-353-1250
  • Ownership: Individuals
  • Subdivision Name: Fountain Lake Condominiums
  • Architectural Style: Colonial, 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: Partially Carpeted
  • Basement: Common Basement, Full
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 763.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Fencing: None
  • Pool Features: None
  • Waterfront Features: Lake, Lake Front
  • Waterfront: No
  • Construction Type: Brick
  • Patio And Porch Features: Balcony
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 221.11
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-1070-033
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1776.0

MLS Schools

  • Elementary School: Carver
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 21, 2020
Sold by
Cowlishaw Leigh
Bought by
Adams Karyn and Adams Jeff
Seller's Agent
Travis Qualls
Small & Associates
Buyer's Agent
Robert Harris
Compass
List Price
$179,950
Sold Price
$191,000
Premium/Discount to List
$11,050
6.14%
Current Estimated Value
$304,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,300
Avg. Annual Appreciation
9.89%
Original Mortgage
$143,250
Outstanding Balance
$131,305
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$170,700
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
Adams Karyn $191,000 Dominion Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Karyn $143,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $191,000 +6.1% $250 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $179,950 -- $236 / 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 $140,000 $30,000 $110,000
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: 2018687

Central Virginia Regional MLS

APN: W000-1070-033