NOT LISTED FOR SALE

115 Westerly Ave Charlottesville, VA 22903

Jefferson Park Avenue Neighborhood

Estimated Value: $481,000 - $557,000

5 Beds
2 Baths
1,831 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2022

Last sale price $375,000 $205 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,244 / mo

24 Days on Market

Highlights

  • 0.43 Acre Lot
  • Front Porch
  • 1-Story Property
  • 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, one unit with two bedrooms/one with three 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 a 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. 113 Westerly Avenue also for sale. Both units are rented through July 31, 2023.

Last Agent to Sell the Property

BROOKE THOMPSON

COMPASS-Avenue License #0225205985 Listed on: 09/20/2022

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1965

Lot Details

  • 0.43

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,831 Sq Ft Home
  • 1-Story Property
  • Low Emissivity Windows

Kitchen

  • Electric Range
  • Dishwasher

Schools

  • Trailblazer Elementary School
  • Charlottesville Middle School
  • Charlottesville High School

Additional Features

  • Front Porch
  • 18,731 Sq Ft Lot
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, management, taxes
  • Assessor Parcel Number 17A051000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,836

Year Built

Built in 1965

Lot Details

0.43 Acres

Listing Details

  • Property Type: Residential
  • Parcel Number: 17A051000
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.43
  • Road Frontage Type: Public Road
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Dryer, Washer
  • Basement: Exterior Entry, Full, Unfinished, Walk-Out Access
  • Living Area: 1831.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Roof: Composition, Shingle
  • Disclosures: Seller Disclosure
  • 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: Charlottesville Middle

Lot Info

  • Zoning Description: R-2U University Residential

Rental Info

  • Owner Pays: Common Area Maintenance, Insurance, Management, Taxes
  • LeaseAmount: 2200.0

Building Info

  • Year Built: 1965

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3836.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Charlottesville

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Nov 15, 2022
Sold by
Bought by
Seller's Agent
BROOKE THOMPSON
COMPASS-Avenue
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$465,000
Sold Price
$375,000
Premium/Discount to List
-$90,000
-19.35%
Views
14
Current Estimated Value
$519,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,576
Avg. Annual Appreciation
9.37%
Original Mortgage
$300,000
Interest Rate
0.0695%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2015
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 Chicago Title Insurance Compan
$200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $375,000 -9.6% $205 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $415,000 -10.8% $227 / Sq Ft
09/20/2022 09/20/22 For Sale $465,000 -- $254 / Sq Ft
Source: Charlottesville area Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,950 $492,700 $192,400 $300,300
2025 $4,950 $485,700 $192,400 $293,300
2024 $4,832 $421,500 $166,400 $255,100
2023 $4,082 $417,700 $164,300 $253,400
2022 $3,836 $392,100 $156,000 $236,100
2021 $3,096 $318,300 $121,700 $196,600
2020 $2,990 $307,200 $110,600 $196,600
2019 $2,871 $294,600 $101,900 $192,700
2018 $1,239 $253,200 $92,600 $160,600
2017 $2,135 $217,200 $71,200 $146,000
2016 $2,034 $206,500 $64,700 $141,800
2015 $1,962 $206,500 $64,700 $141,800
2014 $1,962 $206,500 $64,700 $141,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    BROOKE THOMPSON

    COMPASS-Avenue

    (434) 987-7914

    2 in this area

    32 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: 634926

Charlottesville area Association of Realtors®

APN: 17A-051-000

Virginia Charlottesville County Charlottesville 22903 Jefferson Park Avenue

115 Westerly Ave, Charlottesville, VA

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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