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$364,950

Beds
2
Baths
1.5
sq ft
1,285

1005 W Franklin St Unit U2, Richmond, VA 23220

1005 W Franklin St Unit U2

, VA 23220

  • 22 days on market
Welcome to 1005 W. Franklin Street Unit 2. Located in the highly desired Doctors Row Condos in the FAN, featuring a beautiful kitchen, granite tile countertops, tile floors, flowing into the family room with wood floors, open space and a fireplace. This two bedroom, two tiled bath unit has a lovely rear courtyard, HVAC was replaced last year, new hot water heater and freshly painted. Awesome location to VCU Campus and wonderful dining choices in the Historic Fan! HOA fee covers trash removal and Water/Sewer. Currently tenant occupied. The first two photos are current the remaining photos are from a past photo shoot.

Details

Property type

Condominium

Est. home value

$293,241

Lot size

1,285 sq ft

Price per sq ft

$285

Year built

1910

Annual property taxes

$2,772

Monthly HOA fee

$275

Price History

03/10/2025
CentralVirginia

CentralVirginia #2505617

Listed
$364,950

Schools & Community

Neighborhood: 

The Fan

Elementary school: 

Fox

Middle school: 

Dogwood

High school: 

Thomas Jefferson

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$37,560
Asking price
$364,950
Closing costs (~8% of asking)
-$29,196
Est. remaining loan balance
-$373,314
Cash to seller
-$37,560

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Loan Capital

Loan start date

June 2023

Original loan amount

$378,750

Est. remaining balance

$373,314

Interest rate

8.25%

Loan type

New Conventional, 30 year

Seller

1100 W Marshall St Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 1:00 PM

Listing updated: 03/31/2025 at 10:46 AM

Listed by: Stokes McCune, Hometown Realty Phone #: (804) 752-7585

MLS: CentralVirginia #2505617

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