tomo logo

$305,000

Beds
2
Baths
1.5
sq ft
880

503 N Hamilton St Unit H, Richmond, VA 23221

503 N Hamilton St Unit H

Richmond, VA 23221

  • Pending
Discover one of the larger 880 sq. ft. units in the highly desirable Mount Vernon Condo community. This charming two-story brick townhome offers comfortable living with a range of amenities. Upon entry, you'll be greeted by a slate-tiled foyer leading into a bright kitchen with white cabinets. The open living and dining area has a sliding door that opens to your private, fenced-in backyard, perfect for outdoor relaxation. A convenient half bath is also located on the first floor. Upstairs, you'll find two bedrooms featuring hardwood floors. The full bathroom in the hallway includes a tub and shower combo, with two linen closets providing extra storage. For your convenience, the unit also includes an all-in-one washer and dryer. The tranquil community pool is perfect for unwinding on a warm day. Enjoy the ease of nearby bike lanes, reserved parking right outside your door, and plenty of guest parking. The monthly HOA fee covers gas, water, sewer, trash, recycling, snow removal, and pool access.

Details

Property type

Condominium

Est. home value

$296,602

Lot size

8.50 acres

Price per sq ft

$347

Year built

1962

Annual property taxes

$3,084

Monthly HOA fee

$329.07

Price History

09/12/2024
CentralVirginia

CentralVirginia #2422286

Pending
$305,000
08/29/2024
CentralVirginia

CentralVirginia #2422286

Listed
$305,000
+10.11%
07/11/2022
CentralVirginia

CentralVirginia #2214675

Sold
$277,000
+45.79%

Schools & Community

Neighborhood: 

Colonial Place

Elementary school: 

Munford

Middle school: 

Albert Hill

High school: 

Thomas Jefferson

Community features: 

Pool

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

$79,339
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$201,261
Cash to seller
$79,339

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

June 2022

Original loan amount

$207,750

Est. remaining balance

$201,261

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Daniel Simon Leonard and Abigail Bryant Leonard

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?

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Status: Pending/Under Contract

Tomo last checked: 09/18/2024 at 9:55 PM

Listing updated: 09/12/2024 at 3:53 PM

Listed by: Amy Beem, Samson Properties Phone #: (804) 430-9410

MLS: CentralVirginia #2422286

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