9 days on rocket

501 S Davis Ave Unit U2, Richmond, VA, 23220

$299,950

Home List Price

$3,562*

Closing Credit

2 Bedrooms
1 Full Bath
734 SqFt
$409/SqFt
Condo

Location

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501 S Davis Ave Unit U2, Richmond$299,950

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNo Garage, Off Street
Year Built1923
HeatingElectric, Heat Pump
CoolingCentral Air
ViewWater
MLS #2428401
Lot Size0.02 Acres
StatusActive

About 501 S Davis Ave Unit U2

This charming 2-bedroom, 1-bath condo at Fountain Lake offers a bright, airy retreat with modern comforts and an ideal location in Byrd Park. Natural light pours into the spacious living area, complementing the inviting layout. The kitchen offers ample cabinet space and modern appliances, and in-unit laundry adds convenience. Both bedrooms are generously sized with large closets. There is additional storage available in the basement of the building. Off-street parking ensures easy access. Step outside to enjoy the scenic beauty of Byrd Park, or take a short walk to Carytown’s vibrant shops and dining, the gardens of Maymont, and the James River trails. This home combines comfort, location, and a unique blend of city life with natural surroundings!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1923
  • Stories: 1
  • Living Area: 734 SqFt

Listing Office:

  • Office Name: Small & Associates
  • Office Phone: (804) 353-1250
  • Listing Agent: Kiernan Ziletti

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Exhaust Fan, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Granite Counters, Main Level Primary, Recessed Lighting, Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Water
  • Exterior: Lighting

Parking Information:

  • Parking: No Garage, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head south on Robinson from Cary Street. Take left onto Grassland and Right on S Davis Ave. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,950
  • Price Per SqFt: $409/SqFt

HOA Fees:

  • Amount: $262
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

Med. Sold Price

$357.2K

Med. Price/SqFt

$225

Avg. Days On Market

26

# of Sold Homes

387

501 S Davis Ave Unit U2 vs Richmond

9 DAYS ON ROCKET

-17 Days

$299,950

-$57.2K Less

$409/SqFt

+$184 More

KEY TAKEAWAY

This property is $57.2K less than the Median Sold Price and $184/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2428401

Listing Office:

  • Office Name: Small & Associates
  • Office Phone: (804) 353-1250
  • Listing Agent: Kiernan Ziletti

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,827

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-617307
4
/10
  • John B. Cary Elementary School

  • 3021 Maplewood Ave

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-617308
5
/10
  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-617309
1
/10
  • George W. Carver Elementary School

  • 1110 W Leigh St

  • 1.50 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,222. Typical income of Richmond, VA residents is less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 S Davis Ave Unit U2

What is the listing price of this property?

The listing price of 501 S Davis Ave Unit U2 property is $299,950.

What type of property is this?

The property 501 S Davis Ave Unit U2 is a condo located in Richmond, Virginia, 23220.

Is this property for sale now?

Active Listing: 501 S Davis Ave Unit U2 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 501 S Davis Ave Unit U2 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 501 S Davis Ave Unit U2 is 734 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 S Davis Ave Unit U2 is 1923.

Rocket HomesVirginiaRichmond23220501 S Davis Ave Unit U2

This home is located at 501 S Davis Ave Unit U2 in Richmond, VA and zip code 23220 in the West End neighborhood. This 734 square foot home, which was built in 1923, sits on a 0.02 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $299,950.

Over 165 listings were sold over their listed price in October 2024 in Richmond, VA. In the same period over 137 listings were sold below the listed price and 81 listings were sold for the listed price. In October 2024 in Richmond, VA there were 5.8% more homes for sale than in September 2024. In October 2024 median list price was $357,226 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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