NOT LISTED FOR SALE

1101 Cherry Ave Charlottesville, VA 22903

Fifeville Neighborhood

Estimated Value: $464,000 - $481,242

3 Beds
2 Baths
1,850 Sq Ft
$256/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $420,000 $227 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,828/month

98 Days on Market

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • Charlottesville High School Rated A-
  • Main Floor Bedroom
  • 2-minute walk to Fifeville Park

About This Home

As of October 2024

An exciting investment opportunity to own a property with side street access that allows up to 6 units in the new R-B zoning. Due to its excellent location, the property has been a very successful rental. Walking distance to downtown, UVA, West Main and Smith Aquatic Fitness Center. Cherry Ave is located on a bus route. It is a short drive to I-64 and 5th street station. There are four, potentially five(smaller vehicles) off-street parking spaces, making this a very desirable rental. Home has been well maintained and loved by long-term tenants. This spacious downtown home features hardwood floors, a metal roof, AC, updated windows, large bedrooms and a master bedroom on the first floor. This home has a large backyard and a garage/workshop/storage area with power.,Formica Counter,Wood Cabinets

Last Agent to Sell the Property

BRADLEY PITT

(434) 422-0352 bradleypitt@kw.com KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225225050[7532] Listed on: 05/06/2024

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Last Buyer's Agent

Gavin Sherwood

(434) 962-0226 gavin@gavinsherwood.com YES REALTY PARTNERS License #0225220316[7280]

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Sloped Lot
  • Property is zoned R-B, Residential-business distric

Home Design

  • Stone Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Insulated Windows
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Utility Room
  • City Views
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Solar Water Heater

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Fife Estate Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,581

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Building Total Sq Ft: 2706.00
  • Historic: No
  • Inclusions: Refrigerator, Dishwasher, Gas Range, Washer, Dryer.
  • New Construction: No
  • Story List: Main
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Water Heater - Solar
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Entry Level Bedroom
  • Window Features: Insulated, Energy Efficient, Screens
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Foyer, Utility Room, Full Bath, Additional Bedroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2506
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 256.76
  • Above Grade Finished Sq Ft: 1850
  • Below Grade Sq Ft: 656
  • Total Below Grade Sq Ft: 656
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Metal
  • View: City
  • Water Oriented: No
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling: No
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Solar
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JOHNSON
  • High School: CHARLOTTESVILLE
  • Middle Or Junior School: WALKER & BUFORD

Green Features

  • Efficiency: Exposure/Shade

Lot Info

  • Lot Features: Sloping
  • Lot Size Acres: 0.17
  • Zoning: R-B
  • Zoning Description: Residential-business distric

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3581.00
  • Tax Year: 2024

MLS Schools

  • School District Name: CHARLOTTESVILLE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Oct 25, 2024
Sold by
Majo Llc
Bought by
Jones Street Flats Llc
Seller's Agent
BRADLEY PITT
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
Gavin Sherwood
YES REALTY PARTNERS
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Views
67
Current Estimated Value
$472,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,811
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Aug 24, 2011
Bought by
Majo Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Street Flats Llc $420,000 --
Majo Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jones Street Flats Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $420,000 -11.6% $227 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $475,000 -- $257 / Sq Ft
Source: Bright MLS

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 $4,072 $405,200 $120,000 $285,200
2024 $4,072 $373,000 $102,500 $270,500
2023 $3,584 $362,800 $102,500 $260,300
2022 $3,329 $336,300 $95,000 $241,300
2021 $2,911 $295,800 $92,000 $203,800
2020 $2,811 $285,300 $79,700 $205,600
2019 $2,636 $266,900 $63,200 $203,700
2018 $1,223 $246,900 $52,700 $194,200
2017 $2,423 $244,400 $50,200 $194,200
2016 $2,087 $232,800 $42,500 $190,300
2015 $2,087 $221,700 $40,500 $181,200
2014 $2,087 $221,700 $40,500 $181,200
Source: Public Records

Agents Affiliated with this Home

  • BRADLEY PITT

    Seller's Agent in 2024

    BRADLEY PITT

    KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

    (434) 422-0352

    10 in this area

    315 Total Sales

    BRADLEY PITT
    Section Image
  • Gavin Sherwood

    Buyer's Agent in 2024

    Gavin Sherwood

    YES REALTY PARTNERS

    (434) 962-0226

    1 in this area

    83 Total Sales

    Gavin Sherwood
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 652597

Bright MLS

APN: 230-071-000

Virginia Charlottesville County Charlottesville 22903 Fifeville

1101 Cherry Ave, Charlottesville, VA

Not Listed for Sale

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