NOT LISTED FOR SALE

Estimated Value: $458,000 - $674,000

5 Beds
3 Baths
1,926 Sq Ft
$298/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $450,000 $234 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,688/month

131 Days on Market

Highlights

  • Wood Burning Stove
  • Multiple Fireplaces
  • Hot Water Heating System
  • Charlottesville High School Rated A-
  • Laundry Room
  • Utility Room

About This Home

As of December 2023

Don't miss this two story 1930"s Brick Colonial with legal basement apartment on a month to month lease , ready for renovations and move in your UVA student for this fall. This home has been a Student rental for years due to its proximity to Scott Stadium and the University grounds and easy to walk to classes. Unit A consists of the two story home and the former garage has been converted to a bath and storage. Unit A is currently rented to students at $2,000 until the Summer of 2024. The basement apartment is Unit B ($500/mth)and is a separate lease. Great location to UVA Grounds just off Jefferson Park Avenue. Private rear yard. Home is ready for updates, fix up and remodeling to modern standard. Enjoy the charm of the older homes! Needs some Repairs, TLC, But you can collect rent during the process.

Last Listed By

Tim Carson

REAL ESTATE III, INC. License #0225198839 Listed on: 06/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,015

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned R-2U University Residential

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Gas Cooktop
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Basement Windows

Schools

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 160085000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,015

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1558
  • Above Grade Unfinished Sq Ft: 170
  • Attached Home: Duplex
  • Below Grade Total Sq Ft: 694
  • Electricity: Elec Above ground
  • L V T Date: 06/15/2023
  • Parcel Number: 160085000
  • Price Per Sq Ft: 233.64
  • Total Sq Ft: 2252
  • Total Unfinished Sq Ft: 326
  • Type of Construction: On Site Built
  • Zoning: R-2U University Residential
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Bedroom1|Bedroom2|Bedroom2|Bedroom2|Living RooB|KitchenB|BedroomB|Full BathB|Utility RoB|Laundry1|Full Bath1|Full Bath1|Bedroom1|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 156
  • Fireplace: One, Wood Burning
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Outside Entrance, Partly Finished, Partial, Windows
  • Room 1: Living Room,17'x12'2,On Level: 1
  • Room 2: Kitchen,12'x9',On Level: 1
  • Room 3: Bedroom,10'7x11',On Level: 1
  • Room 4: Bedroom,17'x17',On Level: 2
  • Room 5: Bedroom,10'6x10'8,On Level: 2
  • Room 6: Bedroom,10'6x10'8,On Level: 2
  • Room 7: Living Room,16'6x8'11,On Level: Basement
  • Room 8: Kitchen,8'8x10'2,On Level: Basement
  • Room 9: Bedroom,46'6x7'6,On Level: Basement
  • Room 10: Full Bath,4'x6'6,On Level: Basement
  • Room 11: Utility Room,5'x6',On Level: Basement
  • Room 12: Laundry,On Level: 1
  • Room 13: Full Bath,8'4x4'3,On Level: 1
  • Room 14: Full Bath,On Level: 1
  • Room 15: Bedroom,On Level: 1
  • Total Finished Sq Ft: 1926
  • Above Grade Finished Sq Ft: 1388
  • Basement: Yes
  • Below Grade Finished Sq Ft: 538
  • Fireplace Location: Living Room
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Gas Cooktop, Gas Range, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Wood Cabinets, White Cabinets
  • Level: 2 Story
  • Bathrooms: 3
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Number Beds: 5
  • Number Beds Below Grade: 1
  • Number Beds Main Level: 2
  • Full Bathrooms: 3
  • Room Types: Bedroom, Full Bath, Kitchen, Laundry, Living Room, Utility Room
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+)
  • Room Types Level B: Bedroom (LB), Full Bath (LB), Kitchen (LB), Living Room (LB), Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Number Of Acres: 0.16
  • Roof: Slate
  • View: Residential View

Garage/Parking

  • Driveway Parking: On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Hot Water, Natural Gas, Radiant
  • Security: Deadbolts
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Venable
  • Middle School: Walker & Buford
  • High School: Charlottesville

Building Info

  • Year Built: 1930

Tax Info

  • Year: 2023
  • Taxes: 5015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Dec 5, 2023
Sold by
Schaaf William E and The William E Schaaf Sr Family 2022 Irre
Bought by
Gega Joseph and Gega Isabella
Seller's Agent
Tim Carson
REAL ESTATE III, INC.
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$519,000
Sold Price
$450,000
Premium/Discount to List
-$69,000
-13.29%
Total Days on Market
131
Views
245
Current Estimated Value
$574,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,742
Avg. Annual Appreciation
15.19%

Purchase Details

Closed on
Nov 14, 2022
Sold by
Schaaf William E and Schaaf Rosemarie M
Bought by
Schaaf William E and William E Schaaf Sr 2022 Irrevocable Tru

Purchase Details

Closed on
Jun 15, 2015
Bought by
Schaaf William E and Schaaf Rosemarie M

Range of Values:

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Average Value
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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
Gega Joseph $450,000 Chicago Title Insurance Compan
Schaaf William E -- --
Schaaf William E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $450,000 -13.3% $234 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $519,000 0.0% $269 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $519,000 -3.8% $269 / Sq Ft
06/14/2023 06/14/23 For Sale $539,500 -- $280 / Sq Ft
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
2024 $5,646 $497,600 $144,000 $353,600
2023 $5,073 $522,400 $142,200 $380,200
2022 $4,553 $468,300 $135,000 $333,300
2021 $3,441 $356,100 $121,700 $234,400
2020 $3,335 $345,000 $110,600 $234,400
2019 $3,171 $327,700 $97,800 $229,900
2018 $1,441 $297,400 $78,200 $219,200
2017 $2,848 $293,690 $74,500 $219,190
2016 $2,895 $287,800 $74,500 $213,300
2015 $2,895 $287,800 $74,500 $213,300
2014 $2,895 $287,800 $74,500 $213,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 642740

Charlottesville area Association of Realtors®

APN: 160-085-000