NOT LISTED FOR SALE

115 Summit St Charlottesville, VA 22903

Jefferson Park Avenue Neighborhood

Estimated Value: $340,817 - $431,000

3 Beds
1.5 Baths
1,200 Sq Ft
$318/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $276,000 $230 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,245/month

10 Days on Market

About This Home

As of May 2023

Looking for an easy, always rentable, investment opportunity walkable to UVA? How about two in this turn-key duplex conveniently located off JPA? This duplex (sold separately or together) is a rare find in a highly desirable location. Both UVA Medical Center & UVA are within walking distance. While also being less than 1 mi. to Fontaine Research Park, Fry’s Spring Station, I-64 & Scott Stadium. Each is 3 BR, 1.5 BA with a living room, kitchen, laundry, dining room, yard & off-street parking. Currently leased through June 2023. Zoned R-2U. No HOA. Sold as-is.

Last Agent to Sell the Property

ASHLEY BALAZS

MONTAGUE, MILLER & CO. - WESTFIELD License #0225245679 Listed on: 03/30/2023

Last Buyer's Agent

Tim Grossman

JASON MITCHELL REAL ESTATE License #0225202389

JASON MITCHELL REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1980

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Property Attached
  • Slab Foundation
  • Stick Built Home
  • Masonite

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System

Community Details

Listing and Financial Details

  • Assessor Parcel Number Parcel Number: 17A037200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,093

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: Parcel Number: 17A037200
  • Property Sub Type: Attached
  • LotSizeAcres: 0.08
  • Road Frontage Type: Private Road
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1200.0
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1200.0
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Composition, Shingle
  • Disclosures: Seller Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Masonite, Stick Built
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Forced Air
  • Utilities: Cable 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

  • Lot Features: Garden
  • Land Lease Amount Frequency: Monthly
  • Zoning Description: R-2U University Residential

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1093.0

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • HighSchool: Charlottesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 19, 2023
Sold by
Dixon Susan H and Susan H Dixon Trust
Bought by
Chang Vincent
Seller's Agent
ASHLEY BALAZS
MONTAGUE, MILLER & CO. - WESTFIELD
Buyer's Agent
Tim Grossman
JASON MITCHELL REAL ESTATE
List Price
$275,000
Sold Price
$276,000
Premium/Discount to List
$1,000
0.36%
Views
89
Current Estimated Value
$381,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,454
Avg. Annual Appreciation
12.68%

Purchase Details

Closed on
Sep 12, 2011
Bought by
Dixon Susan H Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chang Vincent $276,000 Old Republic National Title In
Dixon Susan H Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $276,000 +0.4% $230 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $275,000 -- $229 / 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 $3,173 $319,400 $132,300 $187,100
2024 $3,173 $276,600 $114,400 $162,200
2023 $2,439 $249,600 $126,400 $123,200
2022 $2,230 $227,800 $120,000 $107,800
2021 $1,704 $174,800 $49,800 $125,000
2020 $1,661 $170,300 $45,300 $125,000
2019 $1,629 $166,900 $44,400 $122,500
2018 $745 $152,200 $35,500 $116,700
2017 $1,473 $150,500 $33,800 $116,700
2016 $1,442 $147,200 $33,800 $113,400
2015 $1,489 $147,200 $33,800 $113,400
2014 $1,489 $147,200 $33,800 $113,400
Source: Public Records

Agents Affiliated with this Home

  • ASHLEY BALAZS

    Seller's Agent in 2023

    ASHLEY BALAZS

    MONTAGUE, MILLER & CO. - WESTFIELD

    (802) 558-5139

    2 in this area

    32 Total Sales

    ASHLEY BALAZS
    Section Image
  • Tim Grossman

    Buyer's Agent in 2023

    Tim Grossman

    JASON MITCHELL REAL ESTATE

    (434) 242-0227

    6 in this area

    87 Total Sales

    Tim Grossman
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 640036

Charlottesville area Association of Realtors®

APN: 17A-037-200

Virginia Charlottesville County Charlottesville 22903 Jefferson Park Avenue

115 Summit St, Charlottesville, VA

Not Listed for Sale

MultiFamily

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.

Nearby Homes