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Sold for $360,000
  • $360,000

    505 S Davis Ave #U12, Richmond, VA 23220

    2beds
    827sqft
    Condominium
    Built in 1923
    -- sqft lot
    $363,600 Zestimate®
    $435/sqft
    $1,760 Estimated rent

    Home value

    $363,600

    $316,000 - $415,000

    $1,760/mo

    Zestimate® history
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    What's special

    Welcome home to 505 S. Davis Ave, Unit #12! Located directly across from Byrd Park at Fountain Lake, this thoughtfully updated 2-bedroom, 2-BATH condo offers stylish city living in one of Richmond’s most desirable locations. Featuring wide plank oak flooring, custom cabinetry, upgraded lighting, and numerous system improvements throughout, this home blends comfort, functionality, and convenience. The galley kitchen features granite countertops and brand-new appliances including the refrigerator, microwave, and dishwasher, along with under-cabinet lighting, open shelving, added drawer shelving, disposal, and a stove vented to the exterior. The spacious living area offers access to a shared patio, built-in foyer nook, Verizon Fios connectivity with in-wall router box, dual-access intercom entry system, Nest-controlled HVAC (HVAC system installed in 2020 and has been maintained regularly by James River, service records available) , and an updated electrical panel with whole-house surge protection. The primary suite features insulated bedroom floors for added sound reduction, newer carpet installed in 2025, walk-in closet, custom wall cabinetry, and a beautifully renovated primary bathroom completed in 2024 featuring a new tub, updated finishes, custom countertops, recessed lighting, remote-controlled fan, and bidet toilet. The second bedroom also features insulated flooring for sound reduction, updated flooring installed in 2024, custom wall cabinetry, and a rare exclusive second full bath. Additional highlights include an in-unit stackable washer and dryer with a plumbed drain pan beneath the unit, basement storage unit, common laundry room access, and all-electric utilities, all within a prime city location close to parks, dining, and entertainment in Richmond. There are simply too many additional features to list, so don’t miss this rare opportunity to own in the highly desirable Fountain Lake Condominiums!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lori Kreckman lekreckman@gmail.com,

    RE/MAX Commonwealth

    Bought with:

    Sarah Tashjian Peebles, 0225224905

    Coldwell Banker Avenues

    Source: CVRMLS,MLS#: 2612606MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Third
    • Dimensions: 11.10 x 11.9
    Primary bedroom
    • Level: Third
    • Dimensions: 11.9 x 11.4
    Dining room
    • Level: Third
    • Dimensions: 7.6 x 7.3
    Other
    • Description: Tub & Shower
    • Level: Third
    Kitchen
    • Level: Third
    • Dimensions: 16.5 x 9.3
    Living room
    • Level: Third
    • Dimensions: 11.9 x 18.7
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Washer/Dryer Stacked, Dishwasher, Exhaust Fan, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Range Hood, Smooth Cooktop, Stove, Water Heater
    • Laundry: Common Area, Washer Hookup, Dryer Hookup, Stacked
    Features
    • Bookcases, Built-in Features, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Granite Counters, High Ceilings, Bath in Primary Bedroom, Recessed Lighting, Walk-In Closet(s), Window Treatments
    • Flooring: Partially Carpeted, Wood
    • Windows: Window Treatments
    • Basement: Full
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 827 sqft
    • Finished area above ground: 827
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Garage, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Balcony, Porch
    • Exterior features: Lighting, Porch, Storage
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: City, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 10,323 Square Feet
    Details
    • Parcel number: W0001070054
    • Zoning description: R-53

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Colonial
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Flat
    Condition
    • Resale
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Common Grounds/Area, Home Owners Association, Laundry Facilities, Storage Facilities
    • Security: Security System, Controlled Access, Smoke Detector(s)
    • Subdivision: Fountain Lake Condominiums
    HOA
    • Has HOA: Yes
    • Services included: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Sewer, Trash, Water
    • HOA fee: $329 monthly
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $435/sqft
    • Tax assessed value: $227,000
    • Annual tax amount: $2,724
    • Date on market: 5/27/2026
    • Ownership: Individuals
    • Ownership type: Sole Proprietor

    Price history

    DateEventPrice
    5/29/2026Sold$360,000+5.9%$435/sqft
    Source: CVRMLS #2612606 Report a problem
    5/16/2026Pending sale$340,000$411/sqft
    Source: CVRMLS #2612606 Report a problem
    5/15/2026Listed for sale$340,000+58.1%$411/sqft
    Source: CVRMLS #2612606 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/20/2019Sold$215,000$260/sqft
    Source: Public Record Report a problem
    1/22/2019Pending sale$215,000$260/sqft
    Source: Owner Report a problem
    12/17/2018Listed for sale$215,000+34.4%$260/sqft
    Source: Owner Report a problem
    11/10/2018Listing removed$1,300$2/sqft
    Source: Owner Report a problem
    10/9/2018Listed for rent$1,300$2/sqft
    Source: Owner Report a problem
    2/28/2007Sold$160,000$193/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,724 $227,000
    2024$2,724 +8.1%$227,000 +8.1%
    2023$2,520 $210,000
    2022$2,520 +14.1%$210,000 +14.1%
    2021$2,208 +5.1%$184,000 +5.1%
    2020$2,100 +10.1%$175,000 +10.1%
    2019$1,908 +8.2%$159,000 +8.2%
    2018$1,764 -2%$147,000 +4.3%
    2017$1,800 $141,000 +3.7%
    2016$1,800 $136,000 -6.2%
    2015$1,800 $145,000 -3.3%
    2014$1,800 $150,000 -6.3%
    2013-- $160,000 +1.3%
    2012-- $158,000 -6.5%
    2011-- $169,000
    2010-- $169,000 +1.2%
    2009-- $167,000
    2008-- $167,000 +7.1%
    2007-- $156,000
    2006-- $156,000 +20.9%
    2005-- $129,000 +74.3%
    2003-- $74,000
    2002-- $74,000 +9.3%
    2001$968 $67,700
    Find assessor info on the county website

    Neighborhood: Byrd Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lois-Harrison Jones
    • Middle: Albert Hill
    • High: Thomas Jefferson

    Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $363,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $363,600