NOT LISTED FOR SALE

Estimated Value: $325,000 - $394,000

3 Beds
1 Bath
1,025 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $280,000 $273 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,104/month

8 Days on Market

Highlights

  • Concrete Block With Brick
  • Living Room
  • Central Heating and Cooling System
  • Journey Middle School Rated A-
  • 1-Story Property

About This Home

As of August 2021

Affordable home ready for updates! Large quarter acre lot with covered off street parking. Traditional ranch layout with hardwood floors and full unfinished basement. Wood burning fireplace. Conveniently located near UVA law and business schools, Trader Joe's, and Barracks Rd shopping center. A lucrative investment property or great primary residence centrally located to all there is to love in Charlottesville. Incredible opportunity to update for great ROI. R4 zoning allows for multifamily use- buyer should confirm feasibility of any future development.

Last Agent to Sell the Property

Sydney Robertson

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225211572 Listed on: 07/01/2021

Last Buyer's Agent

Terry Dixon

CASTLE REAL ESTATE License #0225083528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R-4 Residential

Parking

  • 1 Carport Space

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Greer Elementary School
  • Jouett Middle School
  • Albemarle High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Knollwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060A0-07-0B-00300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1025
  • Below Grade Total Sq Ft: 1025
  • L V T Date: 07/01/2021
  • Parcel Number: 060A0-07-0B-00300
  • Price Per Sq Ft: 273.17
  • Total Sq Ft: 2050
  • Total Unfinished Sq Ft: 1025
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: KNOLLWOOD
  • Comments: Yes
  • Concatenated Rooms1: |Kitchen1|Living Roo1|Bedroom1|Full Bath1|Bedroom1|Bedroom1|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 1025
  • Basement Type: Full, Unfinished
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Full Bath, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Total Finished Sq Ft: 1025
  • Above Grade Finished Sq Ft: 1025
  • Basement: Yes
  • Foundation: Concrete Block
  • Level: 1 Story
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 1
  • Room Types: Bedroom, Full Bath, Kitchen, Living Room
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Kitchen (L1), Living Room (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.26

Garage/Parking

  • Number of Carport Spaces: 1

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1952

Tax Info

  • Year: 2021
  • Taxes: 2100

MLS Schools

  • HighSchool: Albemarle
  • Middle School: Jouett
  • Elementary School: Greer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 16, 2021
Sold by
Ward N Earl
Bought by
Heddleston Bret
Seller's Agent
Sydney Robertson
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Terry Dixon
CASTLE REAL ESTATE
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
$355,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,706
Avg. Annual Appreciation
5.55%
Original Mortgage
$271,600
Outstanding Balance
$246,969
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$108,737
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Heddleston Bret $280,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heddleston Bret $271,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $280,000 -1.8% $273 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $285,000 -- $278 / 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 $3,159 $353,400 $135,000 $218,400
2024 -- $339,600 $135,000 $204,600
2023 $2,915 $341,300 $120,000 $221,300
2022 $2,590 $303,300 $120,000 $183,300
2021 $2,156 $252,500 $100,000 $152,500
2020 $2,050 $240,100 $100,000 $140,100
2019 $2,003 $234,600 $100,000 $134,600
2018 $1,858 $232,900 $105,000 $127,900
2017 $1,958 $233,400 $75,000 $158,400
2016 $1,599 $190,600 $75,000 $115,600
2015 $1,531 $186,900 $75,000 $111,900
2014 -- $176,000 $70,000 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 619426

Charlottesville area Association of Realtors®

APN: 060A0-07-0B-00300