NOT LISTED FOR SALE

Estimated Value: $142,000 - $177,000

1 Bed
1 Bath
438 Sq Ft
$169/mo HOA Fee

Last Sold December 29, 2021

Last sale price $125,000 $285 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,092/month

27 Days on Market

Highlights

  • Modern Architecture
  • Eat-In Kitchen
  • Sliding Doors
  • Open High School Rated A+
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan

About This Home

As of December 2021

Bright and sunny top floor corner unit in historic Jackson Ward! Studio 516 is in the heart of the city and walking distance to MCV, VCU, wonderful restaurants, shops, nightlife and the Pulse bus line. Check out the new Thai restaurant that just opened on the bottom floor of the building...it's delicious! Freshly painted throughout and move in ready with a stylish renovated kitchen with butcher block counters and newer refrigerator. The two large Pella sliding glass doors have screens perfect for a breeze on a nice fall day! A well designed closet provides smart storage. Comes with one off street parking spot and laundry on the first floor of the building. Monthly fee ($169) includes water, trash, sewer, off street parking, building maintenance/property management, building insurance, and roof reserve. Enjoy vibrant city life from this modern condo!

Last Agent to Sell the Property

Angie Cooper

River Fox Realty LLC License #0225227055 Listed on: 11/05/2021

Last Buyer's Agent

Susan Roberson

EXP Realty LLC License #0225236475

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 440

HOA Fees

  • $169 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 438 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Track Lighting
  • Window Treatments
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Induction Cooktop
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Assigned Parking

Schools

  • Carver Elementary School
  • Dogwood Middle School
  • Armstrong High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • Carver Subdivision

Listing and Financial Details

  • Assessor Parcel Number N000-0062-077

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,250

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0101
  • Ownership: Individuals
  • Subdivision Name: Carver
  • Architectural Style: Low Rise, Modern
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Microwave, Refrigerator, Smooth Cooktop
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Track Lighting, Window Treatments
  • Living Area: 438.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Off Street

Utilities

  • Heating: Electric
  • Cooling: Electric, Wall Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 169.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Gas, Insurance, Maintenance Structure, Reserve Fund, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: N000-0062-077
  • Zoning Description: B-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1250.0

MLS Schools

  • Elementary School: Carver
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 17, 2021
Sold by
Squier Stuart P
Bought by
Nelms Wesley A and Nelms Michelle J
Seller's Agent
Angie Cooper
River Fox Realty LLC
Buyer's Agent
Susan Roberson
EXP Realty LLC
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$155,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,358
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Oct 13, 2008
Sold by
Twin Pines Investments Ll
Bought by
Bernard Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,450
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2008
Sold by
Stallings Ronald A
Bought by
Squier Stuart P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,450
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nelms Wesley A $125,000 Attorney
Bernard Brooke $160,450 --
Squier Stuart P $90,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernard Brooke $60,450
Previous Owner Squier Stuart P $81,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $125,000 0.0% $285 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $125,000 0.0% $285 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $125,000 -- $285 / 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 $1,200 $100,000 $30,000 $70,000
2024 $1,200 $100,000 $30,000 $70,000
2023 $1,200 $100,000 $30,000 $70,000
2022 $1,200 $100,000 $30,000 $70,000
2021 $1,100 $100,000 $30,000 $70,000
2020 $1,100 $88,000 $18,000 $70,000
2019 $1,063 $85,000 $20,000 $65,000
2018 $785 $76,000 $20,000 $56,000
2017 $950 $76,000 $20,000 $56,000
2016 $452 $75,000 $20,000 $55,000
2015 $290 $75,000 $20,000 $55,000
2014 $290 $75,000 $20,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2133721

Central Virginia Regional MLS

APN: N000-0062-077