NOT LISTED FOR SALE

718 S Laurel St Unit 718 Richmond, VA 23220

Oregon Hill Neighborhood

Estimated Value: $473,000 - $574,000

3 Beds
2.5 Baths
1,428 Sq Ft
$158/mo HOA Fee

Last Sold January 23, 2018

Last sale price $389,000 $272 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,419/month

176 Days on Market

Highlights

  • Water Views
  • River Access
  • Wood Flooring
  • Open High School Rated A+
  • Under Construction
  • 1-minute walk to Holly Street Playground

About This Home

As of January 2018

Views for miles! These brand new, river view homes offer an incredible setting both inside and out. The sleek interiors with gray tones, glass fixtures, Carrara marble and shiplap accents create an airy and comfortable setting. Enjoy your covered front porch with sweeping views of the James River and city skyline. Everything has been custom built and designed for these homes including premium white and gray cabinetry, finish-in-place hardwood flooring, huge showers with subway tile, and high efficiency stainless steel appliance package. The quality of a W.B. Garrett home is undeniable from the premium materials to the craftsmanship of the construction.

Last Agent to Sell the Property

Alexis Thompson

River Fox Realty LLC License #0225215948 Listed on: 04/20/2017

Last Buyer's Agent

Robin Austin

KW Metro Center License #0225105910

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $900

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 1,372

HOA Fees

  • $158 Monthly HOA Fees

Property Views

  • Water
  • City

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 1,428 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Home Security

Parking

  • Open Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Balcony
  • Front Porch

Schools

  • Clark Springs Elementary School
  • Dogwood Middle School
  • Thomas Jefferson High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W000-0164-042

Community Details

Overview

  • Overlook Townhouses Subdivision

Recreation

  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$900

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2017
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0315
  • Ownership: Other
  • Subdivision Name: Overlook Townhouses
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Dining Area, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Bath in Primary Bedroom, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 1428.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Pool Features: None
  • View: City, Water
  • View: Yes
  • Waterfront Features: River Access, Walk to Water
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame, HardiPlank Type
  • Exterior Features: Porch
  • Patio And Porch Features: Balcony, Front Porch, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Off Street, Parking Lot

Utilities

  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park
  • Association Fee: 157.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal

Schools

  • Middle Or Junior School: Dogwood

Lot Info

  • Parcel Number: W000-0164-042
  • Zoning Description: R-7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 900.0

MLS Schools

  • Elementary School: Clark Springs
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Franks Martin D and Martin D Franks Revocable Trus
Bought by
Prociv Lauren M
Current Estimated Value
$527,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,592
Outstanding Balance
$315,098
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$212,750

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jan 8, 2018
Sold by
W B Garrett Inc A Virginia Corporation
Bought by
Franks Martin D and The Martin D Franks Revocable Trust Agre
Seller's Agent
Alexis Thompson
River Fox Realty LLC
Buyer's Agent
Robin Austin
KW Metro Center
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Source: Public Records

Range of Values:

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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
Prociv Lauren M $395,000 Attorney
Franks Martin D $389,000 Attorney
W B Garrett Inc A Virginia Corporation $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prociv Lauren M $358,592
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2018 01/23/18 Sold $389,000 0.0% $272 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $389,000 -- $272 / 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 $5,544 $462,000 $90,000 $372,000
2024 $4,956 $413,000 $90,000 $323,000
2023 $4,956 $413,000 $90,000 $323,000
2022 $4,956 $413,000 $90,000 $323,000
2021 $4,716 $413,000 $90,000 $323,000
2020 $4,716 $393,000 $83,000 $310,000
2019 $4,452 $371,000 $70,000 $301,000
2018 $1,320 $332,000 $70,000 $262,000
2017 $900 $108,000 $70,000 $38,000
2016 $900 $75,000 $70,000 $5,000
2015 $900 $75,000 $70,000 $5,000
2014 $900 $75,000 $70,000 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1713794

Central Virginia Regional MLS

APN: W000-0164-042