NOT LISTED FOR SALE

1 Stony Point Rd Charlottesville, VA 22911

Estimated Value: $782,000 - $826,000

2.26 Acres
$354,327 Price per Acre
98,446 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $75,000

Est. 968% increase in value since last sale

Current estimated payment $4,800/month

108 Days on Market

Highlights

  • Wooded Lot
  • Timber
  • Native Plants
  • Jackson P. Burley Middle School Rated A-
  • Creek or Stream

About This Lot

As of August 2022

Looking for over 2 acres in Albemarle Co.? NO HOA! Corner lot sited at the entrance of the Key West neighborhood is ready for new owners. What a great opportunity to build your ideal home that is convenient to EVERYTHING! Wooded lot - clear what you need/want and keep the rest private or open as desired. No driveway on the property. Where else can you find over 2 acres within MINUTES to Pantops, downtown mall, UVA, and easy access to I-64 & Rt 250. Indeed, this is a rare find!

Last Agent to Sell the Property

Angela Dotson

NEST REALTY GROUP License #0225083372 Listed on: 02/18/2022

NEST REALTY GROUP

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,231

Lot Details

  • 2.26 Acre Lot
  • Creek or Stream
  • Native Plants
  • Wooded Lot
  • Property is zoned RA Rural Area

Schools

  • Stony Point Elementary School
  • Burley Middle School
  • Monticello High School

Farming

  • Timber

Utilities

  • Electricity Not Available
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06200-00-00-032A0

Property Details

Property Type

Land

Est. Annual Taxes

$1,231

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Built to Suit Residential
  • Assessment: 144100
  • L V T Date: 02/18/2022
  • Parcel Number: 06200-00-00-032A0
  • Price Per Sq Ft: 33185.84
  • Zoning: RA Rural Area
  • Best Use: Residential
  • Current Use: Vacant
  • Road Street: Public Rd
  • Timber: Mixed
  • Comments: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Wooded

Exterior Features

  • Number Of Acres: 2.26
  • View: Residential View, Wooded View
  • Water Property: Stream-Creek

Utilities

  • Cable Available: Cable
  • Sewer/Septic System: Approved for Conventional
  • Water: Individual Well
  • Electric: No Electricity

Schools

  • Elementary School: Stony Point
  • Middle School: Burley
  • High School: Monticello

Green Features

  • Green Lot: Native Plants

Tax Info

  • Year: 2022
  • Taxes: 1230.61

MLS Schools

  • HighSchool: Monticello
  • Middle School: Burley
  • Elementary School: Stony Point

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Charlottesville Area Builders Inc
Bought by
Schrum Michael and Leclerc Jenna
Current Estimated Value
$800,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$759,489
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$41,290

Purchase Details

Listed on
Feb 18, 2022
Closed on
Jul 26, 2022
Sold by
Blackwell Wanda H
Bought by
Charlottesville Area Builders
Seller's Agent
Angela Dotson
NEST REALTY GROUP
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.64%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schrum Michael $775,000 Chicago Title
Charlottesville Area Builders $75,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrum Michael $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $75,000 0.0% --
06/06/2022 06/06/22 Pending -- -- --
05/29/2022 05/29/22 Price Changed $75,000 -16.6% --
05/08/2022 05/08/22 For Sale $89,900 +19.9% --
04/22/2022 04/22/22 Off Market $75,000 -- --
03/30/2022 03/30/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $89,900 -10.1% --
02/18/2022 02/18/22 For Sale $100,000 -- --
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 $7,217 $807,300 $223,000 $584,300
2024 -- $755,200 $201,300 $553,900
2023 $641 $75,000 $75,000 $0
2022 $1,231 $144,100 $144,100 $0
2021 $1,231 $144,100 $144,100 $0
2020 $1,231 $144,100 $144,100 $0
2019 $1,231 $144,100 $144,100 $0
2018 $0 $126,900 $126,900 $0
2017 $726 $86,500 $86,500 $0
2016 $972 $115,900 $115,900 $0
2015 $949 $115,900 $115,900 $0
2014 -- $115,900 $115,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 626678

Charlottesville area Association of Realtors®

APN: 06200-00-00-032A0