NOT LISTED FOR SALE

113 Westerly Ave Charlottesville, VA 22903

Jefferson Park Avenue Neighborhood

Estimated Value: $472,000 - $634,000

4 Beds
2 Baths
1,670 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $355,000 $213 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,189/month

24 Days on Market

Highlights

  • Front Porch
  • Charlottesville High School Rated A-
  • Heat Pump System

About This Home

As of November 2022

Exceptional UVA location and investment opportunity -- tucked between Fontaine Research Park and Fry's Springs/JPA, just off 250 by-pass. Two unit duplex, each with two bedrooms and 1 bath are spacious and well maintained with plenty of on-street parking. Walk, bike, drive or take the bus (right on the bus line) to all places UVA and Charlottesville! Real hardwood floors, open living area, good-sized kitchen and bedrooms, plus a front porch and extra storage in the basement. Property backs to woods/natural area -- Rivanna Trail is just around the corner. Low maintenance and location along with a steady rental history make this an attractive investment opportunity. Or, live on one side and rent the other! Zoned R-2U. 115 Westerly Avenue also for sale. Both units are rented through July 31, 2023.

Last Agent to Sell the Property

BROOKE THOMPSON

AVENUE REALTY, LLC License #0225205985 Listed on: 09/20/2022

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1965

Lot Details

  • 0.4

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,670 Sq Ft Home
  • Low Emissivity Windows
  • Tilt-In Windows
  • Window Screens

Kitchen

  • Electric Range
  • Dishwasher

Schools

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

Additional Features

  • Front Porch
  • 0.4 Acre Lot
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, snow removal, sewer, trash collection, water
  • The owner pays for common area maintenance, insurance, management, taxes
  • Assessor Parcel Number 17A050000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,492

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 17A050000
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.4
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 593
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Exterior Entry, Full, Unfinished, Walk-Out Access
  • Living Area: 1670.0
  • Window Features: Low-Emissivity Windows, Screens, Tilt-In Windows

Exterior Features

  • Roof: Composition, Shingle
  • Construction Type: Asbestos, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Porch

Utilities

  • Heating: Heat Pump
  • Utilities: Cable Available, High Speed Internet Available
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Trailblazer
  • Middle Or Junior School: Walker & Buford

Lot Info

  • Land Lease Expiration Date: 2023-03-31
  • Zoning Description: R-2U University Residential

Rental Info

  • Owner Pays: Common Area Maintenance, Insurance, Management, Taxes
  • Tenant Pays: Electricity, Snow Removal, Sewer, Trash Collection, Water
  • LeaseAmount: 1950.0

Building Info

  • Year Built: 1965

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3492.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Charlottesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Nov 15, 2022
Sold by
Plater Michael A
Bought by
First Chair Investments Llc
Seller's Agent
BROOKE THOMPSON
AVENUE REALTY, LLC
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$445,000
Sold Price
$355,000
Premium/Discount to List
-$90,000
-20.22%
Views
15
Current Estimated Value
$516,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,227
Avg. Annual Appreciation
16.19%
Original Mortgage
$284,000
Outstanding Balance
$276,042
Interest Rate
6.95%
Mortgage Type
Commercial
Estimated Equity
$261,948

Purchase Details

Closed on
Apr 28, 2015
Bought by
Platter Michael A
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
First Chair Investments Llc $355,000 Chicago Title Insurance Compan
Platter Michael A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First Chair Investments Llc $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $355,000 -11.3% $213 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $400,000 -10.1% $240 / Sq Ft
09/20/2022 09/20/22 For Sale $445,000 -- $266 / 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
2025 $4,577 $461,200 $199,800 $261,400
2024 $4,577 $401,000 $172,800 $228,200
2023 $3,877 $397,900 $170,600 $227,300
2022 $3,492 $357,800 $162,000 $195,800
2021 $2,828 $291,600 $121,700 $169,900
2020 $2,722 $280,500 $110,600 $169,900
2019 $2,608 $268,500 $101,900 $166,600
2018 $1,128 $231,400 $92,600 $138,800
2017 $1,933 $197,400 $71,200 $126,200
2016 $1,836 $187,200 $64,700 $122,500
2015 $1,778 $187,200 $64,700 $122,500
2014 $1,778 $187,200 $64,700 $122,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    BROOKE THOMPSON

    AVENUE REALTY, LLC

    (434) 987-7914

    2 in this area

    38 Total Sales

    BROOKE THOMPSON
    Section Image

  • U

    Buyer's Agent in 2022

    Unrepresented Buyer

    UnrepresentedBuyer

See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 634925

Charlottesville area Association of Realtors®

APN: 17A-050-000

Virginia Charlottesville County Charlottesville 22903 Jefferson Park Avenue

113 Westerly Ave, Charlottesville, VA

This home is located at 113 Westerly Ave, Charlottesville, VA 22903 since 20 September 2022 and is currently estimated at $516,227, approximately $309 per square foot. This property was built in 1965. 113 Westerly Ave is a home located in Charlottesville City with nearby schools including Trailblazer Elementary School, Buford Middle School, and Charlottesville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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