NOT LISTED FOR SALE

Estimated Value: $494,000 - $683,000

5 Beds
2 Baths
2,240 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $439,000 $196 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,500/month

25 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • 3-minute walk to Fifeville Park
  • Charlottesville High School Rated A-

About This Home

As of March 2023

A completely updated home with 2 separate apartment units only a 10 minute walk to UVA hospital. Would make an exceptional short-term rental, or easily attract long-term tenants with separate water, gas, and electrical meters. The upstairs apartment contains 3 bedrooms, a laundry room, and side deck. Large picture windows let plenty of light into the downstairs apartment where two more UTC bedrooms are located. Renovations include a new roof, windows, updated HVAC units, water heater, & stucco exterior. Each apartment has remodeled kitchen and bathroom, new flooring, paint, hardware, fixtures, and recessed lighting throughout. New retaining wall and buried downspouts connected to city drainage. The property includes multiple off-street parking spaces. Great turn-key investment opportunity! 1305 King St is also available from the same seller.

Last Agent to Sell the Property

DANIELLE AMORUSO

SAMSON PROPERTIES License #0225248614 Listed on: 01/14/2023

SAMSON PROPERTIES

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 2,240 Sq Ft Home
  • Duplex
  • Block Foundation
  • Stucco

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 230022000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,372

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 230022000
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.17
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 6339
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Living Area: 2240.0

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Block

Utilities

  • Heating: Heat Pump
  • Utilities: Cable Available, Fiber Optic Available, High Speed Internet Available, Satellite Internet Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Johnson (Charlottesville)
  • Middle Or Junior School: Walker & Buford

Lot Info

  • Land Lease Expiration Date: 2023-04-12
  • Zoning Description: R-1S Residential

Rental Info

  • Owner Pays: None

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3371.52

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Charlottesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2023
Closed on
Mar 8, 2023
Sold by
Cardinal Ventures Inc
Bought by
Fabrice Djatsa
Seller's Agent
DANIELLE AMORUSO
SAMSON PROPERTIES
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$435,000
Sold Price
$439,000
Premium/Discount to List
$4,000
0.92%
Views
65
Current Estimated Value
$563,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,410
Avg. Annual Appreciation
8.77%
Original Mortgage
$329,250
Outstanding Balance
$320,003
Interest Rate
6.12%
Estimated Equity
$220,735

Purchase Details

Closed on
Jul 13, 2022
Sold by
Booth Real Estate Llc
Bought by
Cardinal Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.23%

Purchase Details

Closed on
Aug 10, 2010
Bought by
Booth Real Estate Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fabrice Djatsa $439,000 Multiple
Cardinal Ventures Inc -- --
Booth Real Estate Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabrice Djatsa $329,250
Previous Owner Cardinal Ventures Inc $272,000
Previous Owner Cardinal Vetures Inc $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $439,000 +0.9% $196 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/14/2023 01/14/23 For Sale $435,000 -- $194 / 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 $5,228 $524,700 $130,000 $394,700
2024 $5,228 $469,200 $156,300 $312,900
2023 $825 $428,100 $132,300 $295,800
2022 $3,372 $342,200 $109,300 $232,900
2021 $3,339 $342,400 $90,800 $251,600
2020 $3,298 $338,100 $89,000 $249,100
2019 $3,236 $331,500 $87,300 $244,200
2018 $1,387 $282,900 $79,400 $203,500
2017 $2,424 $246,100 $61,100 $185,000
2016 $2,233 $235,100 $55,500 $179,600
2015 $2,233 $235,100 $55,500 $179,600
2014 $2,233 $235,100 $55,500 $179,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 637775

Charlottesville area Association of Realtors®

APN: 230-022-000