The Prestwould 612 W Franklin St Unit 9D Richmond, VA 23220
The Fan Neighborhood
3
Beds
1.5
Baths
1,880
Sq Ft
$1,459/mo
HOA Fee
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 2024Unit 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
Napier REALTORS ERA License #0225032301 Listed on: 06/17/2024
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
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
86
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,789
Avg. Annual Appreciation
57.68%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 Compared to Growth
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
Agents Affiliated with this Home
-
L
Seller's Agent in 2024
Leigh Hulcher
Napier REALTORS ERA
-
C
Buyer's Agent in 2024
Christopher Small
Small & Associates
About The Prestwould
Map
Source: Central Virginia Regional MLS
MLS Number: 2415748
APN: W000-0298-063
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.
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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