$300,800
SOLD JAN 15, 2025
0.18 Acre
$1,671,111 Price per Acre
7,841 Sq Ft Lot

Recently Sold

$308 Per Sq Ft

40% Below List Price

122 Days on Market

Highlights

  • Mountain View
  • Charlottesville High School Rated A-
  • Open Lot

About This Lot

As of January 2025

Unlock the potential of this piece of land nestled in the heart of Belmont. This vacant lot presents an exceptional opportunity for developers, investors, or homeowners looking to create their dream home or homes in the city. This corner lot can accommodate a total of three units or six affordable housing units, with each being subdivided into its own parcel. Situated in the vibrant Belmont neighborhood, residents will enjoy easy access to a plethora of amenities, including boutique shops, restaurants, and parks. With its proximity to downtown Charlottesville and major transportation routes, convenience is at your doorstep. With Charlottesville's thriving real estate market and growing demand for housing, investing in this versatile land offers the potential for significant returns. Capitalize on the rising property values and seize the opportunity to shape the future of Belmont's landscape. Embrace the freedom to design and construct multiple homes on individual parcels, tailored to your preferences and specifications. This blank canvas awaits your creative touch. Lot Size is 60'x136'

Last Agent to Sell the Property

CRAIG MASSIE

AVENUE REALTY, LLC License #0225258249 Listed on: 04/10/2024

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,222

Lot Details

  • 7,841 Sq Ft Lot
  • Open Lot
  • Property is zoned R-2 Two Family Residential

Property Views

  • Mountain Views

Schools

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

Community Details

  • Belmont Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,222

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Building Lots
  • L V T Date: 04/10/2024
  • Price Per Sq Ft: 1671111.11
  • Zoning: R-2 Two Family Residential
  • Best Use: Investment, Multi-Family, Residential
  • Subdivision: BELMONT
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Open

Exterior Features

  • Number Of Acres: 0.18
  • View: Mountain View

Utilities

  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

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

Tax Info

  • Year: 2023
  • Taxes: 4222.08

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jan 2, 2025
Sold by
Ramirez Norma R and Recinos Enilson Antonio
Bought by
Kothari Viraj and Patel Jinga
Seller's Agent
CRAIG MASSIE
AVENUE REALTY, LLC
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$500,000
Sold Price
$300,800
Premium/Discount to List
-$199,200
-39.84%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Listed on
Aug 20, 2022
Closed on
Feb 9, 2023
Sold by
Hagee Roger D
Bought by
Ramirez Norma R and Recinos Antonio Enilson
Seller's Agent
Cynthia Hash
FIND HOMES REALTY LLC
Buyer's Agent
RACHEL BURNS
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$210,000
Sold Price
$180,000
Premium/Discount to List
-$30,000
-14.29%
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.48%
Original Mortgage
$200,000
Interest Rate
6.15%

Purchase Details

Closed on
Sep 25, 1984
Bought by
Hagee Roger D and Hagee Katherine

Purchase Details

Closed on
Apr 24, 1984
Bought by
Hagee Roger D and Hagee Katherine
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 Type Sale Price Title Company
Bargain Sale Deed $300,800 First American Title Insurance
Deed $180,000 Old Republic Nat L Title Ins C
Deed $20,700 --
Deed $20,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $465,000 +190.6% --
06/19/2025 06/19/25 For Sale $160,000 +6.7% --
06/19/2025 06/19/25 For Sale $150,000 -3.2% --
06/19/2025 06/19/25 For Sale $155,000 -48.5% --
01/15/2025 01/15/25 Sold $300,800 -7.4% $308 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $325,000 -31.6% $333 / Sq Ft
05/07/2024 05/07/24 Price Changed $475,000 -5.0% $486 / Sq Ft
04/10/2024 04/10/24 For Sale $500,000 +177.8% $512 / Sq Ft
02/10/2023 02/10/23 Sold $180,000 -14.3% $151 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $210,000 0.0% $176 / Sq Ft
01/11/2023 01/11/23 Price Changed $210,000 +16.7% $176 / Sq Ft
01/03/2023 01/03/23 Off Market $180,000 -- --
09/15/2022 09/15/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $230,000 -- $192 / 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 $1,679 $169,900 $169,900 $0
2024 $1,679 $170,200 $170,200 $0
2023 $3,678 $287,200 $129,900 $157,300
2022 $976 $229,100 $95,600 $133,500
2021 $1,953 $199,500 $85,400 $114,100
2020 $1,726 $175,600 $63,200 $112,400
2019 $1,726 $175,600 $63,200 $112,400
2018 $801 $162,600 $58,500 $104,100
2017 $1,462 $147,800 $53,200 $94,600
2016 $1,358 $137,500 $47,500 $90,000
2015 $1,358 $137,500 $47,500 $90,000
2014 $1,358 $137,500 $47,500 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 651582

Charlottesville area Association of Realtors®

APN: 610-093-000