NOT LISTED FOR SALE

1506 Burgundy Ln Charlottesville, VA 22911

Estimated Value: $637,840 - $698,000

4 Beds
2.5 Baths
3,479 Sq Ft
$191/Sq Ft Est. Value

Highlights

  • Patio
  • Baker-Butler Elementary School Rated A-
  • High Speed Internet

About This Home

As of February 2023

Beautiful energy star home on premium corner lot in desirable Forest Lakes neighborhood in Albemarle County. This beautiful home is loaded with upgrades. First floor features hardwood floors, large gourmet eat-in kitchen with pantry, expresso cabinets, granite countertops and stainless steel appliances; spacious family room with gas fireplace; formal dining room; home office/study and powder room. Second floor features a spacious master suite with ensuite bath and 2 walk-in closets; cozy loft/sitting area and 3 additional large bedrooms and full bath; Partially finished basement with large family room.

Last Agent to Rent the Property

JANET BRADLEY

HOMESELL REALTY License #0225051167 Listed on: 01/09/2023

Last Renter's Agent

JANET BRADLEY

HOMESELL REALTY License #0225051167 Listed on: 01/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,620

Year Built

  • 2014

Lot Details

  • 4,574

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Schools

  • Baker-Butler Elementary School
  • Sutherland Middle School
  • Albemarle High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Forest Lakes Subdivision

Listing and Financial Details

  • 12 Month Lease Term
  • Available 3/1/23

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,620

Year Built

2014

Lot Details

0

Rental Info

  • Available: 03/01/2023
  • Lease Term: 1 yr
  • LeaseAmount: 3150

Listing Details

  • Class: RENTAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2760
  • Below Grade Total Sq Ft: 1150
  • L V T Date: 01/09/2023
  • Price Per Sq Ft: 0.91
  • Total Sq Ft: 4410
  • Total Unfinished Sq Ft: 931
  • Subdivision: FOREST LAKES
  • Comments: No
  • Structures Deck Porch: Patio
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Unfinished Below Grade Sq Ft: 431
  • Total Finished Sq Ft: 3479
  • Above Grade Finished Sq Ft: 2760
  • Below Grade Finished Sq Ft: 719
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Garage/Parking

  • Unfinished Above Grade Garage: 500
  • Total Above Grade Garage: 500

Utilities

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

Condo/Co-op/Association

  • Pets: Conditional

MLS Schools

  • HighSchool: Albemarle
  • Middle School: Sutherland
  • Elementary School: Baker-Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2015
Sold by
Nvr Inc
Bought by
Jalali Hamid and Fardad Mohadesh
Current Estimated Value
$664,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Outstanding Balance
$186,382
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$477,828

Purchase Details

Closed on
Sep 24, 2014
Sold by
Estes Park Llc
Bought by
Nvr Inc
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
Jalali Hamid $382,265 Stewart Title
Nvr Inc $125,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jalali Hamid $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Rented $3,150 0.0% --
01/09/2023 01/09/23 For Rent $3,150 +28.6% --
03/08/2021 03/08/21 Rented $2,450 0.0% --
02/16/2021 02/16/21 For Rent $2,450 -- --
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 $5,620 $628,600 $161,000 $467,600
2024 -- $550,800 $147,500 $403,300
2023 $4,684 $548,500 $147,500 $401,000
2022 $4,373 $512,100 $147,500 $364,600
2021 $4,038 $472,800 $140,000 $332,800
2020 $3,975 $465,400 $140,000 $325,400
2019 $3,706 $434,000 $140,000 $294,000
2018 $3,554 $421,200 $135,000 $286,200
2017 $3,574 $426,000 $125,000 $301,000
2016 $3,429 $408,700 $125,000 $283,700
2015 $512 $406,300 $125,000 $281,300
2014 -- $95,000 $95,000 $0
Source: Public Records

Agents Affiliated with this Home

  • JANET BRADLEY

    Landlord's Agent in 2023

    JANET BRADLEY

    HOMESELL REALTY

    (434) 996-0303

    20 in this area

    187 Total Sales

    JANET BRADLEY
    Section Image
  • Sally Neill

    Buyer's Agent in 2021

    Sally Neill

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 531-9941

    1 in this area

    118 Total Sales

    Sally Neill
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 637654

Charlottesville area Association of Realtors®

APN: 032J0-01-00-00100

Virginia Albemarle County Charlottesville 22911

1506 Burgundy Ln, Charlottesville, VA

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