NOT LISTED FOR SALE

The Prestwould 612 W Franklin St Unit 2E Richmond, VA 23220

The Fan Neighborhood

Estimated Value: $290,000 - $368,448

2 Beds
1 Bath
1,187 Sq Ft
$596/mo HOA Fee

Last Sold May 26, 2016

Last sale price $170,000 $143 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,555/month

11 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Elevator
  • Open High School Rated A+
  • High Ceiling
  • 2-minute walk to Monroe Park

About This Home

As of May 2016

Renown Richmond landmark offers condominium living in a classic pre-war building—concrete and steel construction with handsome, period architectural detail in the common areas as well as the individual apartments. This unit is the perfect pied-a-terre. 2 bedrooms with full bath and a huge great room overlooking the courtyard. Entrance foyer, lovely oak hardwood floors and so much more! Views over Monroe Park and the city skyline. Interior courtyard off the elegant lobby offers easily accessed green space. One reserved gated parking space (#16), storage cage in basement. Professional management and all utilities, except for electricity, included. A true oasis in the city!

Last Agent to Sell the Property

Edward Andrews

Shaheen Ruth Martin & Fonville License #0225074657 Listed on: 03/18/2016

Last Buyer's Agent

Jenny Kramer

Samson Properties License #0225209171

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,812

Year Built

  • Built in 1927

Lot Details

  • Security Fence
  • Partially Fenced Property

HOA Fees

  • $596 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Plaster

Interior Spaces

  • 1,187 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Window Treatments
  • Wood Flooring
  • City Views

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Parking

  • Off-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number W0000298025

Community Details

Overview

  • Prestwould Condominiums Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Park

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,812

Year Built

Built in 1927

Lot Details

0

HOA Fees

$596 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1927
  • Ownership: Individuals
  • Subdivision Name: Prestwould Condominiums
  • Architectural Style: High 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: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Common Basement, Storage Space
  • Appliances: Dishwasher, Refrigerator, Stove, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, High Ceilings, High Speed Internet, Wired for Data, Window Treatments
  • Living Area: 1187.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Built-Up
  • Fencing: Fenced, Partial, Security
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Other, Concrete, Plaster
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Off Street

Utilities

  • Heating: Central, Hot Water, Multi-Fuel, Natural Gas, Oil, Radiator(s), Steam
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Common Area
  • Security: Controlled Access, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Elevator, Home Owners Association, Laundry Facilities, Storage Facilities, Park
  • Amenities: Management
  • Association Fee: 596.43
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Gas, Heat, Hot Water, Insurance, Maintenance Structure, Reserve Fund, Security, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W0000298025
  • Zoning Description: R-73 Multi Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1812.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 12, 2016
Sold by
The Cogan Allen Family Trust
Bought by
Kincaid Shannon P and Kincaid Julie A
Seller's Agent
Edward Andrews
Shaheen Ruth Martin & Fonville
Buyer's Agent
Jenny Kramer
Samson Properties
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$329,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,612
Avg. Annual Appreciation
7.59%
Original Mortgage
$136,000
Outstanding Balance
$109,732
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$226,779
Source: Public Records

Range of Values:

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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
Kincaid Shannon P $170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kincaid Shannon P $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $170,000 -2.9% $143 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $175,000 -- $147 / 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 $2,628 $219,000 $75,000 $144,000
2024 $2,628 $219,000 $75,000 $144,000
2023 $2,628 $219,000 $75,000 $144,000
2022 $2,280 $190,000 $75,000 $115,000
2021 $2,076 $190,000 $75,000 $115,000
2020 $2,076 $173,000 $36,000 $137,000
2019 $2,016 $168,000 $34,000 $134,000
2018 $1,872 $156,000 $34,000 $122,000
2017 $1,872 $156,000 $34,000 $122,000
2016 $1,812 $151,000 $33,000 $118,000
2015 $1,860 $151,000 $33,000 $118,000
2014 $1,860 $155,000 $75,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Edward Andrews

    Shaheen Ruth Martin & Fonville

  • Jenny Kramer

    Buyer's Agent in 2016

    Jenny Kramer

    Samson Properties

    (804) 201-6761

    12 in this area

    71 Total Sales

    Jenny Kramer
    Section Image
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About The Prestwould

Map

Source: Central Virginia Regional MLS

MLS Number: 1604374

Central Virginia Regional MLS

APN: W000-0298-025

Virginia Richmond City County Richmond 23220 The Fan

612 W Franklin St Unit 2E, Richmond, VA

This home is located at 612 W Franklin St Unit 2E, Richmond, VA 23220 since 18 March 2016 and is currently estimated at $329,612, approximately $277 per square foot. This property was built in 1927. 612 W Franklin St Unit 2E is a home located in Richmond City with nearby schools including Dogwood Middle School, Open High School, and Thomas Jefferson High School.

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.

Central Virginia Regional MLS 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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