NOT LISTED FOR SALE

Estimated Value: $188,000 - $266,000

1 Bed
1 Bath
640 Sq Ft
$197/mo HOA Fee

Last Sold September 19, 2020

Last sale price $145,000 $227 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,618/month

27 Days on Market

Highlights

  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • 1-Story Property
  • Charlottesville High School Rated A-
  • Concrete Block With Brick
  • 4-minute walk to George Rogers Clark Statue

About This Home

As of September 2020

Rare investment opportunity for student housing in the heart of the university area. One block from the Corner a short walk to the Rotunda and Central Grounds. Great rental history and currently leased through 6/30/2021 at $900 per month.

Last Agent to Sell the Property

Jeff Bloxsom

BLUESKY PM, LLC License #0225076494 Listed on: 06/15/2020

Last Buyer's Agent

Voe Montgomery

NEST REALTY GROUP License #0225054786

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1984

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Venable Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include area maint, dumpster, exterior maint, master ins. policy, reserve fund, snow removal, trash pickup, water/sewer
  • $58 HOA Transfer Fee
  • Wertland Commons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040303150

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,282

Year Built

Built in 1984

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 660
  • Above Grade Unfinished Sq Ft: 20
  • L V T Date: 06/15/2020
  • Parcel Number: 040303150
  • Price Per Sq Ft: 226.56
  • Property Included: All kitchen appliances and Washer and Dryer
  • Total Sq Ft: 660
  • Total Unfinished Sq Ft: 20
  • Type of Construction: On Site Built
  • Zoning: RUHD (University, High Density ) Residential
  • Subdivision: WERTLAND COMMONS
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: Wood Burning
  • Total Finished Sq Ft: 640
  • Above Grade Finished Sq Ft: 640
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 1
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Utilities

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

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 58
  • Association Fee: COA
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Dumpster, Exterior Maint, Master Ins. Policy, Reserve Fund, Snow Removal, Trash Pickup, Water/Sewer
  • Association Fee: 197

Schools

  • Elementary School: Venable
  • Middle School: Walker & Buford
  • High School: Charlottesville

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2020
  • Taxes: 1282

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Venable

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 30, 2020
Sold by
1305 Wertland B5 Llc
Bought by
Michael Scott C and Michael Eva Scott
Seller's Agent
Jeff Bloxsom
BLUESKY PM, LLC
Buyer's Agent
Voe Montgomery
NEST REALTY GROUP
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%
Current Estimated Value
$233,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,242
Avg. Annual Appreciation
9.78%
Original Mortgage
$108,500
Outstanding Balance
$96,940
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$133,798

Purchase Details

Closed on
Jul 7, 2015
Bought by
Halcyon Properties Llc
Source: Public Records

Range of Values:

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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
Michael Scott C $145,000 --
Halcyon Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Scott C $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2020 09/19/20 Sold $145,000 -6.4% $227 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $154,900 -- $242 / 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 $1,921 $192,900 $41,300 $151,600
2024 $1,921 $185,700 $41,300 $144,400
2023 $1,596 $163,100 $31,800 $131,300
2022 $1,508 $153,900 $28,900 $125,000
2021 $1,391 $143,200 $27,500 $115,700
2020 $1,315 $135,200 $25,000 $110,200
2019 $1,315 $135,200 $25,000 $110,200
2018 $596 $122,200 $12,000 $110,200
2017 $1,142 $117,000 $10,000 $107,000
2016 $1,002 $114,700 $7,700 $107,000
2015 $1,002 $114,700 $7,700 $107,000
2014 $1,002 $114,700 $7,700 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 604910

Charlottesville area Association of Realtors®

APN: 040-303-150