NOT LISTED FOR SALE

Estimated Value: $408,000 - $449,444

2 Beds
2 Baths
1,048 Sq Ft
$360/mo HOA Fee

Last Sold August 15, 2024

Last sale price $445,000 $425 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,965/month

3 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Forced Air Heating and Cooling System
  • Mary Munford Elementary School Rated A-
  • Property is near public transit

About This Home

As of August 2024

57 E Lock Lane, Unit 4, a private, comfortable 2 bedroom, 2 bath home in the exclusive Lock Lane Condominium. This property is located on the corner of Lock Lane and Grove avenue, convenient to many shops and restaurants and is perfect for someone looking for an affordable property in the city. The property is freshly painted and you'll appreciate the sunlit spaces and open floor plan with hardwood floors throughout. Property also features a sitting room off the kitchen which is perfect for a home office and is filled with sunlight throughout the day. Kitchen features granite countertops, gas cooking and large utility room with stacked washer and dryer. The complex offers a separate gym and outdoor pool with ample parking both in front or rear of property. All exterior maintenance and landscaping provided as well as trash, water and snow removal.

Last Agent to Sell the Property

Robert Jones

RB Jones Properties LLC License #0225270291 Listed on: 07/30/2024

Last Buyer's Agent

Liz Roach

Joyner Fine Properties License #0225256255

Joyner Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1930

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Outdoor Pool
  • Fence Around Pool

Location

  • Property is near public transit

Schools

  • Munford Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W019-0306-130

Community Details

Overview

  • Lock Lane Condominium Subdivision

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,984

Year Built

Built in 1930

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1930
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0024
  • Ownership: Individuals
  • Subdivision Name: Lock Lane Condominium
  • Above Grade Finished Sq Ft: 1048.0
  • Architectural Style: Low Rise
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1048.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Pool Features: Fenced, Outdoor Pool, Pool, Community
  • Waterfront: No
  • Disclosures: Disclosure on File, Familial Relation, Owner Is Listing Agent
  • Construction Type: Brick
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool, Public Transportation
  • Association Fee: 360.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W019-0306-130
  • Zoning Description: R-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3984.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 7, 2024
Sold by
Jones Robert B and Loehr Kimberly
Bought by
Conroy Elizabeth
Seller's Agent
Robert Jones
RB Jones Properties LLC
Buyer's Agent
Liz Roach
Joyner Fine Properties
List Price
$395,000
Sold Price
$445,000
Premium/Discount to List
$50,000
12.66%
Views
21
Current Estimated Value
$433,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,139
Avg. Annual Appreciation
-1.85%

Purchase Details

Listed on
Dec 8, 2021
Closed on
Dec 31, 2021
Sold by
Gannon Janith Mon Oe and Gannon Frank
Bought by
Jones Robert B and Loehr Kimberly
Seller's Agent
Kim Sebrell
Keller Williams Realty
Buyer's Agent
Blake Jones
RB Jones Properties LLC
List Price
$305,000
Sold Price
$317,500
Premium/Discount to List
$12,500
4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$254,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 23, 2018
Sold by
Hamlett Stephanie
Bought by
Gannon Janith Monroe and Gannon Frank
Seller's Agent
Lacy Williams
Joyner Fine Properties
Buyer's Agent
Kim Sebrell
Keller Williams Realty
List Price
$269,000
Sold Price
$275,000
Premium/Discount to List
$6,000
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
Locke Lane Asoc Llc
Bought by
Hamlett Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
5.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Conroy Elizabeth $445,000 Old Republic National Title In
Jones Robert B $317,500 None Listed On Document
Gannon Janith Monroe $275,000 Attorney
Hamlett Stephanie $267,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Robert B $254,000
Previous Owner Gannon Janith Monroe $200,000
Previous Owner Hamlett Stephanie $167,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $445,000 +12.7% $425 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $395,000 +24.4% $377 / Sq Ft
01/11/2022 01/11/22 Sold $317,500 +4.1% $303 / Sq Ft View Prior Sale
12/15/2021 12/15/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $305,000 +10.9% $291 / Sq Ft
08/06/2018 08/06/18 Sold $275,000 +2.2% $262 / Sq Ft View Prior Sale
05/06/2018 05/06/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $269,000 -- $257 / 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 $3,984 $332,000 $55,000 $277,000
2024 $3,984 $332,000 $55,000 $277,000
2023 $3,492 $291,000 $55,000 $236,000
2022 $3,492 $291,000 $55,000 $236,000
2021 $3,324 $291,000 $55,000 $236,000
2020 $2,323 $277,000 $58,000 $219,000
2019 $1,838 $266,000 $45,000 $221,000
2018 $1,500 $260,000 $45,000 $215,000
2017 $3,000 $250,000 $45,000 $205,000
2016 $1,500 $250,000 $45,000 $205,000
2015 $1,500 $250,000 $45,000 $205,000
2014 $1,500 $253,000 $45,000 $208,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2419871

Central Virginia Regional MLS

APN: W019-0306-130