505 South Davis Avenue, Unit U5

Richmond, VA 23220

$430,000
Last Sold Price
3
Beds
2
Baths
1,120 Sq. Ft.
$384 / Sq. Ft.
1,120
Sq. Ft.
$384
per Sq. Ft.

Description

Lake view! Updated move-in ready 3 bedroom/2 full bath condo in Historic Fountain Lake Condominiums, located on the 2nd floor directly across from Boat Lake at Byrd Park with a beautiful view of the lake! Close to restaurants on Robinson St, Main St and in Carytown. Enjoy the natural surroundings in nearby Byrd Park and Maymont. The kitchen has been updated with copper counters, newer dishwasher and refrigerator. With beautiful wood floors throughout, the spacious living room has built-in bookshelves...Lake view! Updated move-in ready 3 bedroom/2 full bath condo in Historic Fountain Lake Condominiums, located on the 2nd floor directly across from Boat Lake at Byrd Park with a beautiful view of the lake! Close to restaurants on Robinson St, Main St and in Carytown. Enjoy the natural surroundings in nearby Byrd Park and Maymont. The kitchen has been updated with copper counters, newer dishwasher and refrigerator. With beautiful wood floors throughout, the spacious living room has built-in bookshelves installed. The main bedroom has built-in California Closets. The Jack- and-Jill bathroom and the 2nd bathroom have both been updated. A private washer and dryer in condo plus community washers and dryers are located in basement. Private storage unit in basement of this building. Monthly condo fee includes trash/recycling collection, water, sewer and gas utilities! (Does NOT include electricity or internet.) Off-street parking spaces located behind building as well as many street parking options available! Per ACS West, there is a rental cap restriction, and its full with a waiting list. Not currently FHA approved, check with your lender for financing.
  1. Listed by Theresa Alford • Henry Briggs & Assoc, Inc
    P: (804) 317-3333 C: 804-347-8888 theresa.m.alford@gmail.com

Property Details for 505 South Davis Avenue, Unit U5

Architectural Style
Colonial, Low Rise
Community Features
Lake, Laundry Facilities, Pond
Subdivision Name
Fountain Lake Condominiums
Waterfront
No

Location

Listing Courtesy of Henry Briggs & Assoc, Inc, Theresa Alford

Sold By RE/MAX Commonwealth, Nicole Asbell; RE/MAX Commonwealth, Robin Johnson

Add your commute
LISTING UPDATED: 04/21/2024 04:48 PM

Property Details for 505 South Davis Avenue, Unit U5

StatusClosed
MLS #2407384
Days on Market4
Taxes$3,816 / year
HOA Fees$397 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1923
CountyRichmond city

Location

Listing Courtesy of Henry Briggs & Assoc, Inc, Theresa Alford

Sold By RE/MAX Commonwealth, Nicole Asbell; RE/MAX Commonwealth, Robin Johnson

Add your commute

Building Information for 505 South Davis Avenue, Unit U5

Building/Complex505 S Davis AveFloor-Stories2Residences-Pet Policy-Year Built1923

Payment Calculator

$3,062 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

$318

HOA Dues

$397

The Payment Calculator is for illustrative purposes only.

Property Information for 505 South Davis Avenue, Unit U5

Summary
Location and General Information
  • City: Richmond
  • County Or Parish: Richmond City
  • Directions: AA Boulevard to S Davis . See GPS
  • Latitude: 37.546672
  • Longitude: -77.474518
  • Postal City: Richmond
  • Postal Code: 23220
  • State Or Province: VA
  • Unit Number: U5
  • Unparsed Address: 505 S Davis Ave Unit#U5
  • View: Water
  • View: Yes
  • Zoning Description: R-53
Taxes and HOA Information
  • Association Fee: $397.26
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Gas, Maintenance Grounds, Sewer, Snow Removal, Trash, Water
  • Association: Yes
  • Parcel Number: W000-1070-047
  • Tax Annual Amount: $3,816.00
  • Tax Assessed Value: $346,000.00
  • Tax Legal Description: FOUNTAIN LAKE CONDO UNIT 5 0000.00X0000.00 0000.000
  • Tax Year: 2023
School Information
  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson
  • Middle Or Junior School: Albert Hill
Parking
  • Garage: No
  • Parking Features: On Street
  • Garage Parking Features: On Street
Property
Lot Information
  • Building Area Source: Assessor
  • Living Area: 1,120.00
  • Living Area Source: Assessor
  • Lot Size Acres: 0.237
  • Lot Size Area: 0.237
  • Lot Size Units: Acres
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Condominium
Property and Assessments
  • New Construction Y N: No
  • Property Attached Y N: Yes
  • Property Condition: Resale
  • Type of Property: Condo/Town
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1923
  • Year Built Details: Approximate
  • C L I P: 3,930,078,381
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Mobile Home
Mobile/Manufactured Home
  • Human Modified Y N: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Fencing: None
  • Pool Features: None
  • Roof: Other
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Stove, Washer
  • Basement Y N: No
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • BathsTotal: 2.0
  • Room and Floor: Bedroom 3-First, Bedroom 2-First, Primary Bedroom-First, Dining Room-First, Kitchen-First, Living Room-First, Full Bath-First
  • Room List: Bedroom 3, Bedroom 2, Primary Bedroom, Dining Room, Kitchen, Living Room, Full Bath
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Wood
  • Heating: Electric, Forced Air
  • Heating Y N: Yes
  • Laundry Features: Common Area
  • Levels: Two
  • Patio And Porch Features: Balcony, Porch
  • Rooms Total: 6
Room Information
Room 1
  • Room Type 1: Bedroom3
  • Room Description 1: Ensuite bath, wood floors
  • Room Level 1: First
  • Room Dimensions 1: 12.4 x 11.0
  • Room Length 1: 12.4
  • Room Width 1: 11.0
Room 2
  • Room Type 2: Bedroom2
  • Room Description 2: Wood floors, washer/dryer closet
  • Room Level 2: First
  • Room Dimensions 2: 13.0 x 9.10
  • Room Length 2: 13.0
  • Room Width 2: 9.1
Room 3
  • Room Type 3: Primary Bedroom
  • Room Description 3: Built in closets, wood floors
  • Room Level 3: First
  • Room Dimensions 3: 13.2 x 12.5
  • Room Length 3: 13.2
  • Room Width 3: 12.5
Room 4
  • Room Type 4: Dining Room
  • Room Description 4: Wood floors, exposed brick
  • Room Level 4: First
  • Room Dimensions 4: 14.4 x 13.0
  • Room Length 4: 14.4
  • Room Width 4: 13.0
Room 5
  • Room Type 5: Kitchen
  • Room Description 5: Exposed brick, copper counters
  • Room Level 5: First
  • Room Dimensions 5: 13.0 x 9.0
  • Room Length 5: 13.0
  • Room Width 5: 9.0
Room 6
  • Room Type 6: Living Room
  • Room Description 6: Wood floors, built in bookshelves
  • Room Level 6: First
  • Room Dimensions 6: 19.5 x 14.1
  • Room Length 6: 19.5
  • Room Width 6: 14.1
Room 7
  • Room Type 7: Full Bath
Room 8
  • Room Type 8: Full Bath
  • Room Description 8: Tub & Shower
  • Room Level 8: First
Rental
Rental Information
  • Price Per Area Unit: Dollars Per Square Foot
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 505 South Davis Avenue, Unit U5

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 South Davis Avenue, Unit U5

Taxable ValueLand$40,000Additions$214,000Total$254,000
Tax Record2020$2,904 ($242 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtUnfinished Basement SqFt30 SqFtStories2Lot Size10,323 SqFtStyleCondominiumYear Built1923Year Renovated1985ZoningR-53CountyRICHMOND CITYAPNW0001070047

Schools near 505 South Davis Avenue, Unit U5

This home is within Richmond City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John B. Cary Elementary School
PublicPK to 5

Albert Hill Middle School
Public6 to 8

Thomas Jefferson High School
Public9 to 12

Open High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Henry Briggs & Assoc, Inc, Theresa Alford

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.