NOT LISTED FOR SALE

Estimated Value: $262,442 - $357,000

1 Bed
1 Bath
762 Sq Ft
741 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $165,000 $217 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,812/month

51 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 3-minute walk to Patrick Henry Park
  • Open High School Rated A+

About This Home

As of June 2014

City living at its best! Located at Franklin and 25th streets, walk to restaurants, a grocery store, the river and canal walk, VCU Health Systems, and downtown Richmond! “The Reserve” is one of RVA’s most interesting condo choices. It was renovated and rebuilt in 2008 with a blend of urban luxury and modern design and even won the Better Housing Coalition’s Golden Hammer Award which recognizes excellence in revitalization, blight reduction and historic preservation in the Greater-Richmond area. This corner unit has tall ceilings, floor to ceiling windows and dramatic views of the city sky line. The sunsets are the best! It unit is tastefully appointed with bamboo floors, an open kitchen with a bar area into the great room with a gas fireplace. The kitchen has new cabinetry, granite, professional grade stainless steel appliances including a gas stove and modern lighting. The bedroom is a separate space, with its own cozy electric fireplace and large closet. The full bathroom has ceramic tile and plenty of space for storage. The modest condo fee of $206/month includes SECURE parking, locked storage unit, water, sewer, trash pickup, maintenance and two community rooms.

Last Agent to Sell the Property

Jennie Barrett Shaw

The Steele Group License #0225063708 Listed on: 03/12/2014

The Steele Group

Last Buyer's Agent

Becky Spicer

Long & Foster REALTORS License #0225207520

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,376

Year Built

  • 2007

Lot Details

  • 741

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number E0000388036

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,376

Year Built

2007

Lot Details

0

Listing Details

  • Structure: Brick, Metal
  • Price Per Finished Sq Ft: 216.54
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Gas Cooking, Ice Maker
  • Flooring: Carpet-W-W, Tile-Ceramic, Wood
  • Interior: 1st Floor Bedrm W/ Full Bath, 1st Floor Bedroom, Breakfast Nook, Ceiling Fan, Fire Sprinkler, Fireplace, Recessed Lighting, Security System, Stack Wshr/Dryer Hookup, Walk-In Closet
  • Number of Rooms: 3
  • Fireplace: Gas
  • Total Fireplaces: 1
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Garage Access, Tenant Storage
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Balcony
  • Exterior: Insulated Doors, Outdoor Lighting, Private Storage
  • Siding: Brick

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 1

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Association/Amenities

  • Amenities: City View, Common Area, Community Room, Controlled Access, Deck, Elevator, Intercom, On Bus Line, Professional Management, Street Lights
  • Management Firm: Shockoe Properties

Fee Information

  • Fee: 206.00
  • Fee Description: Condo Association
  • Fee Includes: Comm Ar Mnt, Exterior Maintenance, Trash Removal, Water
  • Fee Period: Monthly

Schools

  • Elementary School: Bellevue
  • Middle School: Martin Luther King Jr.
  • High School: Armstrong

Lot Info

  • Zoning: B-5 Central Business
  • Parcel Number: E0000388036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
Jun 23, 2014
Sold by
Magill Christyn F
Bought by
Flippin Sarah W
Seller's Agent
Jennie Barrett Shaw
The Steele Group
Buyer's Agent
Becky Spicer
Long & Foster REALTORS
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$292,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,361
Avg. Annual Appreciation
5.96%
Original Mortgage
$148,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Foundry Lofts Llc
Bought by
Magill Christyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
5.14%
Mortgage Type
New Conventional
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
Flippin Sarah W $165,000 --
Magill Christyn F $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flippin Sarah W $136,100
Closed Flippin Sarah W $148,500
Previous Owner Magill Christyn F $159,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $165,000 0.0% $217 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $165,000 -- $217 / 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 $2,376 $198,000 $55,000 $143,000
2024 $2,376 $198,000 $55,000 $143,000
2023 $2,196 $183,000 $55,000 $128,000
2022 $2,196 $183,000 $55,000 $128,000
2021 $2,088 $183,000 $55,000 $128,000
2020 $2,088 $174,000 $37,000 $137,000
2019 $2,028 $169,000 $60,000 $109,000
2018 $1,872 $156,000 $60,000 $96,000
2017 $1,872 $156,000 $60,000 $96,000
2016 $1,848 $154,000 $60,000 $94,000
2015 $1,920 $154,000 $60,000 $94,000
2014 $1,920 $160,000 $60,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1406205

Central Virginia Regional MLS

APN: E000-0388-036