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Seller's Agent in 2025
KELLY C. LINDAUER
NEST REALTY GROUP
1001 Avon St Unit A, B, C, Garage Charlottesville, VA 22902
Belmont Neighborhood
--
Bed
--
Bath
1,760
Sq Ft
6,098
Sq Ft Lot
Highlights
- Heat Pump System
- Charlottesville High School Rated A-
- 5-minute walk to Belmont Park
About This Home
As of March 2025Rare Investment Opportunity with multiple upsides! Belmont location with Downtown Mall walkability. Gross rent $48,900/year from 3 apartments, not including the potential garage rental income. Seller's NOI 40k/yr. Options include: rent and hold, rent and live in one apartment, rent and build up to 8 units per R-C Zoning, subdivide into 2 lots. New roof 2020, New gutters 2018, Sewer line inspected and cleaned 2018, New Mini-splits 2018 and surge protectors 2024 throughout, refreshed hallways (2020) Unit A: Fully renovated kitchen, bathroom, and appliances (2020); new fridge (2024); new dryer (2024); new outdoor mini split compressor (2024); Unit B: New sink, vanity, and water heater (2020); new range (2022); Unit C: New range (2021); new fridge (2023); bathroom renovation (new vinyl, vanity, sink, and hardware) (2023); all new paint (2023); removal of kitchen electric wall heater (2024). This corner lot has off-street parking for 2 or more cars, plus ample parking on Montrose. City alley access as well. Nearly zero vacancy. Rents easily!
Last Agent to Sell the Property
KELLY C. LINDAUER
NEST REALTY GROUP License #0225078688 Listed on: 02/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,537
Year Built
- Built in 1925
Lot Details
- 6,098 Sq Ft Lot
Home Design
- 1,760 Sq Ft Home
- Triplex
- Poured Concrete
Schools
- Summit Elementary School
- Walker & Buford Middle School
- Charlottesville High School
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
Community Details
- 3 Units
- Belmont Subdivision
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for sewer, water
- Assessor Parcel Number 590038000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2025
Closed on
Mar 19, 2025
Sold by
1001 Avon Street Llc
Bought by
Pearlie'S Properties Llc
Seller's Agent
KELLY C. LINDAUER
NEST REALTY GROUP
Buyer's Agent
DENNIS WOODRIFF
LORING WOODRIFF REAL ESTATE ASSOCIATES
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,579
Avg. Annual Appreciation
1.54%
Purchase Details
Closed on
Jun 26, 2017
Sold by
Sandbox Llc
Bought by
Lewis David C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2006
Bought by
Sandbox Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $725,000 | Stewart Title Guaranty Co | |
| Grant Deed | $330,000 | Stewart Title Guaranty Co | |
| Deed | $130,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $247,500 | New Conventional | |
| Closed | -- | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Sold | $725,000 | -6.5% | $412 / Sq Ft |
| 02/20/2025 02/20/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | For Sale | $775,000 | -- | $440 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | $4,609 | $463,000 | $103,300 | $359,700 |
| 2024 | $4,609 | $442,600 | $93,900 | $348,700 |
| 2023 | $4,146 | $424,400 | $85,400 | $339,000 |
| 2022 | $3,589 | $366,400 | $81,300 | $285,100 |
| 2021 | $3,140 | $322,900 | $70,700 | $252,200 |
| 2020 | $3,107 | $319,500 | $67,300 | $252,200 |
| 2019 | $3,107 | $319,500 | $67,300 | $252,200 |
| 2018 | $1,082 | $220,300 | $60,300 | $160,000 |
| 2017 | $1,678 | $169,000 | $46,400 | $122,600 |
| 2016 | $1,603 | $161,200 | $42,200 | $119,000 |
| 2015 | $1,531 | $161,200 | $42,200 | $119,000 |
| 2014 | $1,531 | $161,200 | $42,200 | $119,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
DENNIS WOODRIFF
Buyer's Agent in 2025
DENNIS WOODRIFF
LORING WOODRIFF REAL ESTATE ASSOCIATES
(434) 531-0140
2 in this area
28 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 660594
APN: 590-038-000
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