NOT LISTED FOR SALE

Estimated Value: $486,000 - $529,000

2 Beds
1 Bath
1,356 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $481,000 $355 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,092/month

5 Days on Market

Highlights

  • Concrete Block With Brick
  • Laundry Room
  • Heating system powered by active solar
  • Charlottesville High School Rated A-
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of October 2022

2BR 1BA with a basement room one level Belmont "GEM" now on the market. In the heart of Belmont; only 4 blocks from the restaurants in downtown Belmont, and only a mile to the downtown mall. This beautifully fully upgraded charming Bungalow is ready for its next owner. Walk into a renovated kitchen, hardwood floors, all new windows, solar panels with solar battery backup (full house generator )(electric bill is $0-$10 per month), a smart thermostat, natural gas stove, and a whole house water filter.providing clean chlorine-free drinking water from the tap. Outside within the entire fenced in yard with its own fire pit there are many varieties of perennials and flowering shrubs, over 500 planted flower bulbs, a raised bed vegetable garden, fruit trees, berry bushes, and a large raised pergola with electricity and ceiling fans,“perfect for outdoor dining." There is a walkout basement featuring a laundry room and bedroom that could be converted for use as a rental and/or AirBnB. Owner has leased this home throughout the year to traveling nurses for $2800/month or $94/day. TING Internet is currently being utilized. Owner is willing to negotiate sale as a turn-key operation, or for sale of individual items of furniture.

Last Agent to Sell the Property

Tim Grossman

DOGWOOD REALTY GROUP LLC License #0225202389 Listed on: 08/03/2022

DOGWOOD REALTY GROUP LLC

Last Buyer's Agent

Kelli Wathen

NEST REALTY GROUP License #0225238315

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,161

Year Built

  • Built in 1950

Lot Details

  • 5,663 Sq Ft Lot
  • Property is zoned R-1S (Small Lot) Residential

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement

Eco-Friendly Details

  • Heating system powered by active solar

Schools

  • Clark Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 600171000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,161

Year Built

Built in 1950

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 906
  • Below Grade Total Sq Ft: 906
  • L V T Date: 08/05/2022
  • Nameof Property: 2BR 1BA Belmont Bungalow Gem in the heart of Belmont. Only 6 blocks to Downtown Belmont
  • Parcel Number: 600171000
  • Price Per Sq Ft: 354.72
  • Property Included: All kitchen appliances, washer/dryer; All furniture is negotiable
  • Total Sq Ft: 1812
  • Total Unfinished Sq Ft: 456
  • Type of Construction: On Site Built
  • Zoning: R-1S (Small Lot) Residential
  • Best Use: Gardening, Relaxing
  • Subdivision: BELMONT
  • Comments: Yes
  • Concatenated Rooms1: |BedroomB|LaundryB|Bedroom1|Master Bed1|Master BTH1|Kitchen1|Family Roo1|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 456
  • Basement Type: Heated, Inside Access, Outside Entrance, Partly Finished
  • Room 1: Bedroom,On Level: Basement
  • Room 2: Laundry,On Level: Basement
  • Room 3: Bedroom,On Level: 1
  • Room 4: Master Bedroom,On Level: 1
  • Room 5: Master Bath,On Level: 1
  • Room 6: Kitchen,On Level: 1
  • Room 7: Family Room,On Level: 1
  • Total Finished Sq Ft: 1356
  • Above Grade Finished Sq Ft: 906
  • Basement: Yes
  • Below Grade Finished Sq Ft: 450
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 2
  • Number Beds Below Grade: 1
  • Number Beds Main Level: 2
  • Full Bathrooms: 1
  • Room Types: Bedroom, Family Room, Kitchen, Laundry, Master Bedroom
  • Room Types Level1: Bedroom (L1), Family Room (L1), Kitchen (L1), Master Bedroom (L1)
  • Room Types Level B: Bedroom (LB), Laundry (LB)
  • Source of Sq Ft: Owner

Exterior Features

  • Number Of Acres: 0.13

Utilities

  • Cooling: Heat Pump
  • Heating: Active Solar, Central Heat, Forced Air, Hot Water, Natural Gas
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2022
  • Taxes: 3161.28

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Clark

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 28, 2022
Sold by
Hepler Jeanne M
Bought by
Ray Mary Madeleine
Seller's Agent
Tim Grossman
DOGWOOD REALTY GROUP LLC
Buyer's Agent
Kelli Wathen
NEST REALTY GROUP
List Price
$429,900
Sold Price
$481,000
Premium/Discount to List
$51,100
11.89%
Views
52
Current Estimated Value
$506,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,945
Avg. Annual Appreciation
1.52%
Original Mortgage
$200,000
Outstanding Balance
$192,256
Interest Rate
5.89%
Estimated Equity
$314,689

Purchase Details

Closed on
May 29, 2019
Sold by
Jennifer Burstein
Bought by
Hepler Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,655
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2014
Bought by
Burstein Jennifer and Zachary Beamer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ray Mary Madeleine $481,000 Chicago Title Insurance Compan
Hepler Jeanne M $284,900 Chicago Title Ins Co
Burstein Jennifer $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Mary Madeleine $200,000
Previous Owner Hepler Jeanne M $270,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $481,000 +11.9% $355 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $429,900 -- $317 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $5,116 $517,600 $113,500 $404,100
2024 $5,116 $460,400 $105,000 $355,400
2023 $4,167 $429,600 $105,000 $324,600
2022 $3,204 $329,300 $100,800 $228,500
2021 $2,764 $286,400 $96,000 $190,400
2020 $2,712 $280,900 $96,000 $184,900
2019 $2,338 $241,600 $89,700 $151,900
2018 $1,119 $231,100 $83,100 $148,000
2017 $2,152 $222,000 $72,300 $149,700
2016 $1,859 $208,400 $65,700 $142,700
2015 $1,859 $202,300 $63,800 $138,500
2014 $1,859 $202,300 $63,800 $138,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 633386

Charlottesville area Association of Realtors®

APN: 600-171-000

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