126 Shamrock Rd Charlottesville, VA 22903
Jefferson Park Avenue NeighborhoodEstimated Value: $559,000 - $659,675
5
Beds
3
Baths
1,242
Sq Ft
$499/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Concrete Block With Brick
- Forced Air Heating System
- Charlottesville High School Rated A-
- Bathroom on Main Level
- Dining Room
About This Home
As of July 2022Perfect 1031 Tax Exchange. R-2U home on Shamrock next to Scott Stadium. This 5BR 3BA property and 128 Shamrock Road need to be sold at the same time. Total price is $1.6M. Price is based on current rental and future expansion. 126 Shamrock has a 1BR 1BA cottage in the backyard, and 128 Shamrock has a 1BR 1BA loft apartment. Combined current rental income at this time = $65,100/yr. Beginning in July, rental income will be $6,150/month = $73800/yr. Cap Rate (Cash Purchase) = approximately a 4% ROI. With the new zoning in discussion, both 126 and 128 Shamrock are considered "High Density." Multiple units could potentially be built on this land. Property is Sold "as is".
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,536
Year Built
- Built in 1941
Lot Details
- 6,534 Sq Ft Lot
- Property is zoned R-2U University Residential
Home Design
- Concrete Block With Brick
Interior Spaces
- 1.5-Story Property
- Family Room
- Dining Room
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 3 Full Bathrooms
- Primary bathroom on main floor
Unfinished Basement
- Walk-Out Basement
- Sump Pump
Schools
- Venable Elementary School
- Walker & Buford Middle School
- Charlottesville High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 160046000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2022
Sold by
Wu Henry
Bought by
128 Shamrock Llc
Total Days on Market
58
Current Estimated Value
Purchase Details
Listed on
Feb 23, 2022
Closed on
Jul 25, 2022
Sold by
Grossman Tim E and Grossman Erin A
Bought by
Wu Henry
Seller's Agent
Tim Grossman
DOGWOOD REALTY GROUP LLC
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$799,900
Sold Price
$594,000
Premium/Discount to List
-$205,900
-25.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%
Purchase Details
Closed on
Mar 28, 2014
Bought by
Grossman Tim E and Grossman Erin A
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Similar Homes in Charlottesville, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 128 Shamrock Llc | -- | -- | |
| Wu Henry | $594,000 | First American Title Insurance | |
| Grossman Tim E | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $594,000 | -25.7% | $478 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 03/20/2022 03/20/22 | For Sale | $799,900 | 0.0% | $644 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | Price Changed | $799,900 | +0.1% | $644 / Sq Ft |
| 02/23/2022 02/23/22 | Price Changed | $799,000 | +14.3% | $643 / Sq Ft |
| 02/23/2022 02/23/22 | For Sale | $699,000 | -- | $563 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | $5,199 | $477,800 | $144,000 | $333,800 |
| 2023 | $4,651 | $474,000 | $142,200 | $331,800 |
| 2022 | $3,877 | $393,400 | $135,000 | $258,400 |
| 2021 | $3,638 | $372,300 | $135,100 | $237,200 |
| 2020 | $3,521 | $360,000 | $122,800 | $237,200 |
| 2019 | $3,218 | $328,100 | $95,600 | $232,500 |
| 2018 | $1,465 | $297,900 | $76,500 | $221,400 |
| 2017 | $2,897 | $294,300 | $72,900 | $221,400 |
| 2016 | $2,839 | $288,200 | $72,900 | $215,300 |
| 2015 | $2,902 | $288,200 | $72,900 | $215,300 |
| 2014 | $2,902 | $288,200 | $72,900 | $215,300 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Grossman
Seller's Agent in 2022
Tim Grossman
DOGWOOD REALTY GROUP LLC
(434) 242-0227
7 in this area
117 Total Sales
-
N
Buyer's Agent in 2022
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 626791
APN: 160-046-000
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