NOT LISTED FOR SALE

1504 Villa Terrace Unit E Charlottesville, VA 22903

Southwest Charlottesville Neighborhood

Estimated Value: $240,504 - $267,000

3 Beds
2 Baths
1,220 Sq Ft
$211/mo HOA Fee

Last Sold April 19, 2021

Last sale price $191,000 $157 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,698/month

6 Days on Market

Highlights

  • Outdoor Pool
  • Bonus Room
  • Breakfast Area or Nook
  • Jackson P. Burley Middle School Rated A-
  • Wood Countertops
  • Living Room

About This Home

As of April 2021

Enter into this 3 bedroom 2 bathroom 1220 SQUARE FOOT CONDO with a bright BONUS ROOM, located on the HIGHEST FLOOR of the HIGHEST HILLTOP at VILLAS AT SOUTHERN RIDGE, to experience an IN-UNIT WASHER & DRYER, STAINLESS STEEL APPLIANCES and wood cabinets in the EAT-IN KITCHEN, and a SPACIOUS BALCONY with MOUNTAIN VIEWS! Entertain in the LARGE LIVING ROOM with lots of NATURAL LIGHT and enjoy all the AMENITIES that this community has to offer: POOL, FITNESS CENTER, & TENNIS courts! Also included is TRASH COLLECTION, EXTERIOR/AREA MAINTENANCE. IMPORTANT BUYER NOTES: tenant-occupied; buyer has both options: to continue or discontinue renting to existing tenant. Rent is $1,100/mo, tenant pays utilities. Located just min from 64 & anywhere in town!

Last Agent to Sell the Property

Sasha Tripp

STORY HOUSE REAL ESTATE License #0225180969 Listed on: 02/23/2021

Last Buyer's Agent

Gary Palmer

TOWN REALTY License #0225217224

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,148

Year Built

  • 1973

Lot Details

  • Elevated Lot
  • Landscaped

HOA Fees

  • $211 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Composition Shingle Roof

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Hung Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Wood Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Outdoor Pool
  • Interior Unit

Listing and Financial Details

  • Assessor Parcel Number 0760000001504E

Community Details

Overview

  • Association fees include area maint, exterior maint, play area, pool, snow removal, tennis, trash pickup, yard maintenance

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,148

Year Built

1973

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Class: Residential
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 1220
  • Attached Home: Interior Unit
  • Design: Colonial
  • L V T Date: 02/25/2021
  • Parcel Number: 0760000001504E
  • Price Per Sq Ft: 156.56
  • Property Included: Kitchen appliances, light fixtures, built-in shelving, current tenant to continue renting (if buyer prefers)
  • Total Sq Ft: 1220
  • Type of Construction: On Site Built
  • Zoning: Prd Planned Residential Development
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Room 1: Foyer, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Room 10: Laundry, On Level: 1
  • Room 11: Utility Room, On Level: 1
  • Room 12: Bonus Room, On Level: 1
  • Total Finished Sq Ft: 1220
  • Above Grade Finished Sq Ft: 1220
  • Bathroom: Attach Mstr Bath, Ceramic Tile
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Breakfast Nook, Dishwasher, Eat-In, Electric Range, Microwave, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Wood Counter
  • Land Description: Elevated, Landscaped, Open
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number Beds: 3
  • Number Beds Main Level: 3
  • Full Bathrooms: 2
  • Room Types: Bedroom, Bonus Room, Dining Room, Foyer, Full Bath, Kitchen, Laundry, Living Room, Utility Room
  • Room Types Level1: Bedroom (L1), Bonus Room (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Utility Room (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.01
  • Pool: Yes
  • Pool: Community
  • Roof: Composition Shingle
  • Structure Deck Porch: Porch - Rear
  • Structure Features: Renovated
  • Structure Floors: Carpet, Ceramic Tile, Vinyl
  • Structure Security: Buzz-In Door, Smoke Detector(s)
  • Structure Window Ceiling: 8' Ceilings, Double-Hung Windows
  • View: Residential View
  • Yard: Landscaped, Nearly Level, Sunny

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Cooling: Central Ac
  • Heating: Heat Pump
  • Cable Available: Cable
  • Security: Deadbolts
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: Hoa
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Exterior Maint, Play Area, Pool, Snow Removal, Tennis, Trash Pickup, Yard Maintenance
  • Association Fee: 211

Lot Info

  • Lot Features: Public Road, Sidewalks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 31, 2021
Sold by
Steward Sarah R
Bought by
Tung Alan
Seller's Agent
Sasha Tripp
STORY HOUSE REAL ESTATE
Buyer's Agent
Gary Palmer
TOWN REALTY
List Price
$175,000
Sold Price
$191,000
Premium/Discount to List
$16,000
9.14%
Current Estimated Value
$248,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,376
Avg. Annual Appreciation
5.85%
Original Mortgage
$192,929
Outstanding Balance
$174,192
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$74,184
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tung Alan $191,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tung Alan $192,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $191,000 +9.1% $157 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $175,000 -- $143 / 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 $2,148 $240,300 $45,000 $195,300
2024 $1,910 $223,700 $41,000 $182,700
2023 $1,811 $212,100 $47,000 $165,100
2022 $1,549 $181,400 $39,500 $141,900
2021 $1,546 $181,000 $43,500 $137,500
2020 $1,457 $170,600 $43,500 $127,100
2019 $1,355 $158,700 $40,000 $118,700
2018 $1,143 $138,900 $30,000 $108,900
2017 $1,120 $133,500 $30,000 $103,500
2016 $1,170 $139,500 $30,000 $109,500
2015 $533 $130,200 $30,000 $100,200
2014 -- $129,000 $30,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • Sasha Tripp

    Seller's Agent in 2021

    Sasha Tripp

    STORY HOUSE REAL ESTATE

    (434) 260-1435

    25 in this area

    405 Total Sales

    Sasha Tripp
    Section Image
  • Gary Palmer

    Buyer's Agent in 2021

    Gary Palmer

    TOWN REALTY

    (434) 806-4576

    15 in this area

    214 Total Sales

    Gary Palmer
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 613871

Charlottesville area Association of Realtors®

APN: 07600-00-00-1504E

Virginia Albemarle County Charlottesville 22903 Southwest Charlottesville

1504 Villa Terrace Unit E, Charlottesville, VA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes