$250,000
SOLD AUG 9, 2024
3 Beds
1.5 Baths
1,880 Sq Ft
$1,459/mo HOA Fee

Recently Sold

$133 Per Sq Ft

10 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Separate Formal Living Room
  • Open High School Rated A+
  • Wood Flooring
  • 2-minute walk to Monroe Park

About This Home

As of August 2024

Unit 9D in the Prestwould (yes, that’s the 9th floor and its panoramic views of the City at night are glorious), offers a rare opportunity to live in Richmond’s version of an elegant, “doorman style” New York City high-rise. In 1927, Lord Alfred C. Bossom, a well-known English architect, and Richmond, Va transplant, had a vision to bring the sophistication and architectural details of the “Roaring Twenties” to Richmond. You really experience his genius when you enter the elegant grand hall and lust at the elevators that are sheathed in bronze and black walnut wood paneling and up to the minute tasteful “glitz”. Added in to the experience is the gorgeous interior garden where your neighbors gather each Tuesday evening! But more than just the looks that have survived the years, the Prestwould still offers on-site staff, security during the evening and weekends, gated and assigned parking, paid water, gas, heat, and door service Mon - Sat. for mail, packages and trash collection. So, what about Unit 9D? She’s a lovely lady who’s fallen away from her earlier grandeur. If you think about an estate (which it isn’t), you’ll get a sense of the condition of the unit. Paint, AC, and refinishing the floors will go a LONG WAY to bringing her into our times. Many buyers may also want to re-do the Kitchen (which is fine and has a nice retro vibe), but all of the appliances really need to be replaced ASAP, and new countertops/backsplash would go a long way to bringing it up to date. The half bath needs work and the primary bath could also use some updating. Would you rather create a showplace? The Prestwould absolutely can handle that investment as well! Since work does need to be done, the owner has priced the unit below others in the building. Please feel free to bring your contractors and your vision, but also recognize this will be an as-is sale and the seller will make no repairs. This is a once in a generation opportunity!

Last Agent to Sell the Property

Leigh Hulcher

Napier REALTORS ERA License #0225032301

Napier REALTORS ERA

Last Buyer's Agent

Christopher Small

Small & Associates License #0225108723

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 1927

Lot Details

  • Security Fence
  • Partially Fenced Property
  • Landscaped

HOA Fees

  • $1,459 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Built-Up Roof
  • Plaster

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Thermal Windows
  • Bay Window
  • Separate Formal Living Room
  • City Views
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Storage

Parking

  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Stair Lift

Schools

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

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number W000-0298-063

Community Details

Overview

  • Prestwould Condominiums Subdivision
  • Maintained Community

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Park

Security

  • Security Guard
  • Controlled Access
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,620

Year Built

Built in 1927

Lot Details

0

HOA Fees

$1,459 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1927
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Prestwould Condominiums
  • Above Grade Finished Sq Ft: 1880.0
  • Architectural Style: High Rise
  • Entry Level: 9
  • 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: Ceramic Tile, Vinyl, Wood
  • Basement: Storage Space, Unfinished, Walk-Out Access
  • Appliances: Washer/Dryer Stacked, Dishwasher, Gas Cooking, Gas Water Heater, Refrigerator, Stove
  • Accessibility Features: Accessible Elevator Installed, Stair Lift
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Decorative, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bay Window, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, High Ceilings, Laminate Counters, Main Level Primary
  • Living Area: 1880.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Built-Up, Flat
  • Fencing: None, Partial, Security
  • Lot Features: Landscaped
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Drywall, Mixed, Plaster
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Off Street

Utilities

  • Heating: Natural Gas, Radiator(s), Steam
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Controlled Access, Complex Fenced, Security Guard
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Elevator, Home Owners Association, Maintained Community, Public Transportation, Storage Facilities, Curbs, Gutter(s), Park, Street Lights, Sidewalks
  • Amenities: Landscaping, Management
  • Association Fee: 1458.65
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Heat, Hot Water, Maintenance Structure, Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0298-063
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4620.0

MLS Schools

  • Elementary School: Fox
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 31, 2024
Sold by
Davis Barbara E
Bought by
S Cuffletown Partners Llc
Seller's Agent
Leigh Hulcher
Napier REALTORS ERA
Buyer's Agent
Christopher Small
Small & Associates
List Price
$250,000
Sold Price
$250,000
Total Days on Market
10
Views
85
Current Estimated Value
$388,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,860
Avg. Annual Appreciation
74.93%
Original Mortgage
$400,000
Outstanding Balance
$362,622
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$26,238

Purchase Details

Closed on
May 1, 2001
Sold by
Butler James P
Bought by
Davis Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $250,000 Old Republic National Title In
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Closed $12,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $116,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $250,000 0.0% $133 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $250,000 -- $133 / Sq Ft
Source: Central Virginia Regional MLS

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 $4,620 $385,000 $75,000 $310,000
2024 $4,620 $385,000 $75,000 $310,000
2023 $4,620 $385,000 $75,000 $310,000
2022 $3,876 $323,000 $75,000 $248,000
2021 $3,528 $323,000 $75,000 $248,000
2020 $3,528 $294,000 $62,000 $232,000
2019 $3,420 $285,000 $58,000 $227,000
2018 $3,168 $264,000 $58,000 $206,000
2017 $3,168 $264,000 $58,000 $206,000
2016 $3,072 $256,000 $56,000 $200,000
2015 $2,880 $256,000 $56,000 $200,000
2014 $2,880 $240,000 $75,000 $165,000
Source: Public Records

Source: Central Virginia Regional MLS

MLS Number: 2415748

Central Virginia Regional MLS

APN: W000-0298-063