507 S Davis Ave Unit 5 Richmond, VA 23220
Byrd Park Neighborhood
2
Beds
1
Bath
760
Sq Ft
$226/mo
HOA Fee
Highlights
- Lake Front
- Colonial Architecture
- Property is near public transit
- Open High School Rated A+
- Community Lake
- High Ceiling
About This Home
As of October 2024You’ll be the envy of all your friends when they see the spectacular views of Fountain Lake and Byrd Park from your 3rd-floor balcony! The rich history and picturesque beauty of this building are still stunning after a century. All the best attractions (Maymont, City Stadium, Byrd Theatre, Carytown, and the VMFA), events (Arts in the Park, concerts, plays, and fireworks at Dogwood Dell), and fitness (VITA course, tennis courts, and the James River Park System trails) will be steps from your front door. Walk, bike, or take a quick Uber ride to these favorite dining and shopping spots – Can Can Brasserie, Citizen Burger Bar, The Daily, East Coast Provisions, Mongrel, Shyndigz, and West Elm. Now that you know the location can't be beaten, fall in love with the interior - a cozy great room with loads of natural light opens to the renovated kitchen with granite bar and stainless appliances, 9' ceilings, two bedrooms with shared bath, and a washer/dryer combo (a bonus not in all units). There's abundant street parking plus a shared lot for residents, and private basement storage. Schedule now to see this gem with no neighbors above or beside you for balcony privacy. Love where you???????????????????????????????????????? live!
Last Agent to Sell the Property
RE/MAX Commonwealth Brokerage Email: laura@laurajarrett.com License #0225046627 Listed on: 10/25/2022
Co-Listed By
RE/MAX Commonwealth Brokerage Email: laura@laurajarrett.com License #0225033080
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,052
Year Built
- Built in 1923
HOA Fees
- $226 Monthly HOA Fees
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
Interior Spaces
- 760 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- French Doors
- Water Views
- Unfinished Basement
- Basement Storage
Kitchen
- Induction Cooktop
- Stove
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Parking
- On-Street Parking
- Open Parking
- Parking Lot
Outdoor Features
- Walking Distance to Water
- Balcony
Schools
- Lois-Harrison Jones Elementary School
- Albert Hill Middle School
- Thomas Jefferson High School
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Water Heater
Additional Features
- Lake Front
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number W000-1070-034
Community Details
Overview
- Fountain Lake Condominiums Subdivision
- Community Lake
- Pond in Community
Amenities
- Common Area
- Community Storage Space
Recreation
- Park
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2024
Closed on
Oct 7, 2024
Sold by
Marra Christine
Bought by
Lieu Brigitte Alexis and Zent John Marshall
Seller's Agent
Paul Gee
Long & Foster REALTORS
Buyer's Agent
Cathy Grubbs
The Hogan Group Real Estate
List Price
$329,950
Sold Price
$329,950
Views
72
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,954
Avg. Annual Appreciation
3.94%
Original Mortgage
$263,960
Outstanding Balance
$262,466
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$77,842
Purchase Details
Listed on
Oct 25, 2022
Closed on
Nov 18, 2022
Sold by
Lines Lynn Marie
Bought by
Marra Christine
Seller's Agent
Ryan Medlin
RE/MAX Commonwealth
Buyer's Agent
Paul Gee
Long & Foster REALTORS
List Price
$300,000
Sold Price
$311,500
Premium/Discount to List
$11,500
3.83%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$261,500
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2021
Sold by
Huffman Todd Hunter and Lines Lynn Marie
Bought by
Lines Lynn Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2017
Sold by
Huffman Margaret K
Bought by
Huffman Todd Hunter and Lines Lynn Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $329,950 | Fidelity National Title | |
| Bargain Sale Deed | $311,500 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $180,000 | Action Title & Closings Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $263,960 | New Conventional | |
| Previous Owner | $261,500 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $132,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $329,950 | 0.0% | $434 / Sq Ft |
| 09/14/2024 09/14/24 | Pending | -- | -- | -- |
| 09/08/2024 09/08/24 | For Sale | $329,950 | +5.9% | $434 / Sq Ft |
| 12/02/2022 12/02/22 | Sold | $311,500 | +3.8% | $410 / Sq Ft |
| 11/01/2022 11/01/22 | Pending | -- | -- | -- |
| 10/25/2022 10/25/22 | For Sale | $300,000 | -- | $395 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $1,740 | $140,000 | $30,000 | $110,000 |
| 2014 | $1,740 | $145,000 | $30,000 | $115,000 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2024
Paul Gee
Long & Foster
-
C
Buyer's Agent in 2024
Cathy Grubbs
The Hogan Group Real Estate
-
R
Seller's Agent in 2022
Ryan Medlin
RE/MAX
-
L
Seller Co-Listing Agent in 2022
Laura Jarrett
RE/MAX
Map
Source: Central Virginia Regional MLS
MLS Number: 2228948
APN: W000-1070-034
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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