NOT LISTED FOR SALE

0 Pallas Hill Ln Unit 604575 Charlottesville, VA 22901

Estimated Value: $1,109,000 - $2,345,001

4.62 Acres
$417,965 Price per Acre
201,247 Sq Ft Lot

Last Sold April 14, 2022

Last sale price $1,495,000

Est. 29% increase in value since last sale

Current estimated payment $12,156/month

615 Days on Market

Highlights

  • Waterfront
  • High Speed Internet
  • Open Lot
  • Virginia L. Murray Elementary School Rated A
  • Creek or Stream
  • Gentle Sloping Lot

About This Lot

As of April 2022

This idyllic 5 acre parcel w/ strong Blue Ridge view potential + frontage on a bold creek offers the elusive opportunity to build a remarkable country estate tucked away on Nature's doorstep yet adjacent to Farmington, moments to UVA & Downtown. NO road noise has become a rarity in Ivy but not here... Truly, tranquility reigns at Ivy Creek despite its location close to all of Charlottesville. Neighbors besides nature incl' only other remarkable estates. Ivy Creek's trail system winds through hundreds of acres of park-like land. Ivy Creek is an exclusive, gated neighborhood of what will be 9 estates (5 residences have been completed & 3 more are underway) located at the end of Broomley, adjacent to Farmington. Last lot avail. Natural gas!

Last Agent to Sell the Property

Loring Woodriff

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225058612 Listed on: 06/05/2020

Last Buyer's Agent

Andrea Hubbell

CORE REAL ESTATE PARTNERS LLC License #0225224491

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,491

Lot Details

  • 4.62 Acre Lot
  • Waterfront
  • Creek or Stream
  • Open Lot
  • Gentle Sloping Lot
  • Property is zoned R-1 Residential

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Water
  • Ridge

Schools

  • Murray Elementary School
  • Henley Middle School
  • Western Albemarle High School

Utilities

  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Ivy Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05900-00-00-037C6

Property Details

Property Type

Land

Est. Annual Taxes

$9,491

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: LAND
  • Property Type: Built to Suit Residential
  • L V T Date: 06/05/2020
  • Parcel Number: 05900-00-00-037C6
  • Price Per Sq Ft: 323593.07
  • Zoning: R-1 Residential
  • Best Use: Residential
  • Road Street: Paved, Private Road
  • Subdivision: IVY CREEK
  • Comments: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Gently Rolling, Open, Water Front

Exterior Features

  • Number Of Acres: 4.62
  • View: Blue Ridge View, Pastoral View, Water View
  • Water Property: Stream-Creek

Utilities

  • Cable Available: Cable, DSL
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Condo/Co-op/Association

  • Association Frequency: Annual
  • Association Fee: 1000
  • HOA: Yes
  • H O A Includes: Area Maint, Road Maint

Schools

  • Elementary School: Murray
  • Middle School: Henley
  • High School: Western Albemarle
  • Other School: Saint Anne's Belfield

Tax Info

  • Year: 2022
  • Taxes: 9491

MLS Schools

  • HighSchool: Western Albemarle
  • Middle School: Henley
  • Elementary School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2008
Sold by
Brook Farm Lane Llc
Bought by
Carver Thomas A
Current Estimated Value
$1,931,000
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carver Thomas A $175,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $1,495,000 0.0% --
02/10/2022 02/10/22 Pending -- -- --
07/29/2021 07/29/21 For Sale $1,495,000 0.0% --
06/08/2021 06/08/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $1,495,000 -11.8% --
05/21/2021 05/21/21 For Sale $1,695,000 0.0% --
03/24/2021 03/24/21 Pending -- -- --
10/06/2020 10/06/20 Price Changed $1,695,000 -8.1% --
06/05/2020 06/05/20 For Sale $1,845,000 -- --
Source: Charlottesville area Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,900 $2,449,700 $1,461,400 $988,300
2024 $15,397 $1,802,900 $1,461,400 $341,500
2023 $12,480 $1,461,400 $1,461,400 $0
2022 $9,491 $1,111,400 $1,111,400 $0
2021 $9,491 $1,111,400 $1,111,400 $0
2020 $9,491 $1,111,400 $1,111,400 $0
2019 $9,491 $1,111,400 $1,111,400 $0
2018 $8,231 $981,000 $981,000 $0
2017 $8,231 $981,000 $981,000 $0
2016 $8,231 $981,000 $981,000 $0
2015 $8,034 $981,000 $981,000 $0
2014 -- $981,000 $981,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 604575

Charlottesville area Association of Realtors®

APN: 05900-00-00-037C6