Seller's Agent in 2025
Andy Austin
Double A Auction & Realty
(434) 294-6093
1 in this area
11 Total Sales
128 Summit St Charlottesville, VA 22903
Jefferson Park Avenue Neighborhood
2
Beds
1
Bath
675
Sq Ft
0.6
Acres
Highlights
- 0.6 Acre Lot
- No HOA
- Electric Baseboard Heater
- Charlottesville High School Rated A-
- Cottage
About This Home
As of May 2025This property to be sold via simulcast auction by Double A Auction & Realty VAAL #1011 on April 24, 2025 at 11AM. Listing price is opening bid. No pre-auction offers. Terms are 10% buyer's premium; $5,000 NON REFUNDABLE due on day of sale from high bidder, and balance due in 45 days. Financing ok but NO CONTINGENCIES. Sale subject to seller confirmation. Potential bidders can schedule appointment for viewing or inspections prior to sale day. Buyers to register at auctioneer's website. Property to be sold as is.
Unlock the potential of this prime Charlottesville property! The offering is for two tax parcels at 128-130 Summit Street presenting an exceptional redevelopment opportunity in a sought-after location, ideal for multifamily development or other creative uses.
Property Highlights:
Strategic Location: Situated in a desirable Charlottesville neighborhood, this property offers convenient access to the University of Virginia, downtown amenities, and major transportation routes.
Development Potential: Zoned for potential multifamily use, this property offers a blank canvas for investors and developers to create a lucrative residential project.
Spacious Lot: The generous lot size provides ample space for a variety of development concepts, including townhomes, apartments, or a mixed-use project.
Value-Add Opportunity: Bring your vision and expertise to transform this property into a thriving asset in the Charlottesville real estate market.
Ideal for:
Developers seeking a prime location for a multifamily project
Investors looking for a value-add opportunity in a growing market
Builders eager to create high-quality housing in a desirable area
Don't miss this chance to capitalize on a prime redevelopment opportunity in Charlottesville!
Last Agent to Sell the Property
(434) 294-6093 andy@austinappraisal.us Double A Auction & Realty License #0225265002 Listed on: 01/13/2025
Last Buyer's Agent
(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office
Home Details
Home Type
- Single Family
Year Built
- Built in 1946
Lot Details
- 0.6 Acre Lot
- Property is in below average condition
- Property is zoned R-B
Parking
- Driveway
Home Design
- Cottage
- Bungalow
- Shingle Roof
Interior Spaces
- 675 Sq Ft Home
- Property has 1 Level
- Crawl Space
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Electric Baseboard Heater
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 17A002000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2025
Closed on
May 30, 2025
Sold by
Jackson Betina L and Howard Donna J
Bought by
Trainspotting Llc
Seller's Agent
Andy Austin
Double A Auction & Realty
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$300,000
Sold Price
$297,000
Premium/Discount to List
-$3,000
-1%
Views
224
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,204
Avg. Annual Appreciation
17.84%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $432,400 | Chicago Title Insurance Co |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $297,000 | +32.0% | $440 / Sq Ft |
| 04/28/2025 04/28/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | Price Changed | $225,000 | -25.0% | $333 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $300,000 | -- | $444 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2025 | $2,975 | $299,200 | $203,500 | $95,700 |
| 2024 | $2,975 | $264,500 | $176,000 | $88,500 |
| 2023 | $2,562 | $262,400 | $173,800 | $88,600 |
| 2022 | $2,371 | $242,500 | $165,000 | $77,500 |
| 2021 | $1,726 | $177,100 | $82,600 | $94,500 |
| 2020 | $1,669 | $169,600 | $75,100 | $94,500 |
| 2019 | $1,637 | $166,200 | $73,600 | $92,600 |
| 2018 | $728 | $147,100 | $58,900 | $88,200 |
| 2017 | $1,428 | $144,300 | $56,100 | $88,200 |
| 2016 | $1,391 | $141,900 | $56,100 | $85,800 |
| 2015 | -- | $141,900 | $56,100 | $85,800 |
| 2014 | -- | $141,900 | $56,100 | $85,800 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Austin
-
Carol Strasfeld
Buyer's Agent in 2025
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
1 in this area
9,093 Total Sales
Map
Source: Bright MLS
MLS Number: VACO2000152
APN: 17A-002-000
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