128 Shamrock Rd Charlottesville, VA 22903
Jefferson Park Avenue NeighborhoodEstimated Value: $429,000 - $660,716
3
Beds
2
Baths
850
Sq Ft
$623/Sq Ft
Est. Value
Highlights
- Private Lot
- Multiple Fireplaces
- Breakfast Room
- Charlottesville High School Rated A-
- Wood Flooring
- Bathroom on Main Level
About This Home
As of July 2022Perfect 1031 Tax Exchange R-2U University property located at Shamrock and Stadium. This property needs to be sold along with 126 Shamrock Road; Total price is $1.6M. Both properties are zoned R-2U. Additional expansion could be added to this property along with 126 Shamrock Road making each property great investments. Both properties have a separate one bedroom cottage/loft apartment. Currently leased at $$2325 per month. 126 Shamrock is leased at $$3100 per month. In July '22, 128 Shamrock will be leased at $2900, and 126 Shamrock $3250. Cap Rate = Approximately a 4% ROI with a Cash Purchase. 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
- $3,664
Year Built
- Built in 1940
Lot Details
- 7,405 Sq Ft Lot
- Partially Fenced Property
- Private Lot
- Property is zoned R-2U University Residential
Home Design
- Poured Concrete
- Composition Shingle Roof
- Shingle Siding
Interior Spaces
- 850 Sq Ft Home
- 1-Story Property
- Multiple Fireplaces
- Family Room with Fireplace
- Wood Flooring
- Crawl Space
- Stacked Washer and Dryer
Kitchen
- Breakfast Room
- Breakfast Bar
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
- Primary bathroom on main floor
Schools
- Venable Elementary School
- Walker & Buford Middle School
- Charlottesville High School
Utilities
- Central Air
- Heat Pump System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 160045000
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 Erin A and Grossman Tim E
Bought by
Wu Henry
Seller's Agent
Tim Grossman
DOGWOOD REALTY GROUP LLC
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$799,000
Sold Price
$594,000
Premium/Discount to List
-$205,000
-25.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.00%
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% | $699 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 04/12/2022 04/12/22 | Price Changed | $799,900 | +0.1% | $941 / Sq Ft |
| 03/20/2022 03/20/22 | For Sale | $799,000 | 0.0% | $940 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 02/23/2022 02/23/22 | Price Changed | $799,000 | +14.3% | $940 / Sq Ft |
| 02/23/2022 02/23/22 | For Sale | $699,000 | -- | $822 / 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 | $4,783 | $438,900 | $160,000 | $278,900 |
| 2023 | $4,265 | $435,300 | $158,000 | $277,300 |
| 2022 | $4,017 | $409,400 | $150,000 | $259,400 |
| 2021 | $3,751 | $385,700 | $135,100 | $250,600 |
| 2020 | $3,634 | $373,400 | $122,800 | $250,600 |
| 2019 | $3,350 | $343,500 | $97,800 | $245,700 |
| 2018 | $1,526 | $312,200 | $78,200 | $234,000 |
| 2017 | $3,017 | $308,500 | $74,500 | $234,000 |
| 2016 | $2,954 | $301,900 | $74,500 | $227,400 |
| 2015 | $3,044 | $301,900 | $74,500 | $227,400 |
| 2014 | $3,044 | $301,900 | $74,500 | $227,400 |
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: 626792
APN: 160-045-000
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