NOT LISTED FOR SALE

601 N Davis Ave Unit 5 Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $568,000 - $699,000

2 Beds
2 Baths
1,600 Sq Ft
$225/mo HOA Fee

Last Sold June 20, 2019

Last sale price $414,200 $259 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,082/month

31 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Granite Countertops
  • Open High School Rated A+
  • High Ceiling
  • 3-minute walk to Scuffletown Park

About This Home

As of June 2019

This beautiful and quiet top-floor condo has the fun of Fan living, ten-foot ceilings, ample parking, and a terrific community.
The light-filled living room has a gas fireplace and French doors that lead to a private balcony. The dining room has wonderful details, including a tray ceiling. Off the dining room is a sitting area perfect for a home office. The gourmet kitchen has granite countertops, stainless steel appliances, and a large pantry. The kitchen also features a wet bar with built-in wine rack. A long hall leads to two spacious bedrooms. The master has a double closet and a sitting area. The second bedroom also features a large floor-to-ceiling closet. Custom blinds, crown molding, recessed lighting, and hardwood flooring are in every room. Each unit also has a dedicated basement storage unit. The building has been very well maintained, with the entire exterior repainted months ago. All of this is coupled with low condo dues (just $225 per month!) covering many individual utilities, thus saving thousands of dollars each year over comparable properties! The building is steps away from restaurants and world-class museums. This unit will not last!

Last Agent to Sell the Property

Mike Hammack

First Advantage Real Estate License #0225108506 Listed on: 04/22/2019

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 1,629

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Separate Formal Living Room
  • Dining Area
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Interior Basement Entry
  • Basement Storage

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number W000-1086-039

Community Details

Overview

  • Maintained Community

Amenities

  • Community Storage Space

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,288

Year Built

Built in 1914 | Remodeled

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1914
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0374
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Mid Rise
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Interior Entry, Storage Space
  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Exhaust Fan, Freezer, Gas Cooking, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Balcony, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Recessed Lighting, Cable TV
  • Living Area: 1600.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Controlled Access, Fire Sprinkler System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Maintained Community, Storage Facilities
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1086-039
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3288.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 17, 2019
Sold by
St George Timothy J and St George Susan
Bought by
Massie William P
Seller's Agent
Mike Hammack
First Advantage Real Estate
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$439,950
Sold Price
$414,200
Premium/Discount to List
-$25,750
-5.85%
Current Estimated Value
$621,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,118
Avg. Annual Appreciation
5.41%
Original Mortgage
$332,000
Outstanding Balance
$292,765
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$280,414

Purchase Details

Closed on
Nov 10, 2009
Sold by
Oxford Properties Ii Llc
Bought by
Saint George Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,499
Interest Rate
4.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Massie William P $414,200 Attorney
Saint George Timothy J $269,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massie William P $332,000
Previous Owner Saint George Timothy J $202,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2019 06/20/19 Sold $414,200 -1.3% $259 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/12/2019 05/12/19 Price Changed $419,500 -3.6% $262 / Sq Ft
05/06/2019 05/06/19 Price Changed $434,950 -1.1% $272 / Sq Ft
04/22/2019 04/22/19 For Sale $439,950 -- $275 / 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 $5,664 $472,000 $85,000 $387,000
2024 $5,052 $421,000 $85,000 $336,000
2023 $5,052 $421,000 $85,000 $336,000
2022 $5,052 $421,000 $85,000 $336,000
2021 $4,356 $421,000 $85,000 $336,000
2020 $4,356 $363,000 $76,000 $287,000
2019 $4,104 $342,000 $65,000 $277,000
2018 $3,288 $317,000 $65,000 $252,000
2017 $3,660 $305,000 $65,000 $240,000
2016 $2,220 $305,000 $65,000 $240,000
2015 $1,740 $305,000 $65,000 $240,000
2014 $1,740 $260,000 $65,000 $195,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1911226

Central Virginia Regional MLS

APN: W000-1086-039