NOT LISTED FOR SALE

1506 Villa Terrace Unit C Charlottesville, VA 22903

Southwest Charlottesville Neighborhood

Estimated Value: $230,174 - $247,000

3 Beds
2 Baths
1,130 Sq Ft
$194/mo HOA Fee

Last Sold May 14, 2021

Last sale price $175,000 $155 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,605/month

6 Days on Market

Highlights

  • Outdoor Pool
  • Mountain View
  • Partially Wooded Lot
  • Jackson P. Burley Middle School Rated A-
  • Clubhouse
  • Wood Countertops

About This Home

As of May 2021

One of the most desirable locations within the Villas at Southern Ridge. Mid - level unit with 3 bedrooms and two full baths. Spacious rear deck overlooking common space and a peak of the eastern mountains. Located just minutes from UVA, UVA Hospital and Historic Downtown Charlottesville as well as easy access to I-64 and the 5th Street shopping center. HOA fee includes pool, tennis, club house, fitness room, playground, picnic area, lawn care and exterior maintenance.

Last Agent to Sell the Property

Voe Montgomery

NEST REALTY GROUP License #0225054786 Listed on: 04/13/2021

Last Buyer's Agent

SETH BATTON

FIND HOMES REALTY LLC License #0225213449

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,057

Year Built

  • 1973

Lot Details

  • Mature Landscaping
  • Cleared Lot
  • Partially Wooded Lot

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Wood Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • Playground

Location

  • Interior Unit

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07600-00-00-1506C

Community Details

Overview

  • Association fees include area maint, club house, dumpster, exercise room, exterior maint, master ins. policy, play area, pool, prof. mgmt., road maint, reserve fund, snow removal, tennis, trash pickup, yard maintenance

Amenities

  • Picnic Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Community Dining Room

Recreation

  • Tennis Courts
  • Community Playground
  • Exercise Course
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,057

Year Built

1973

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Class: Residential
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 1130
  • Animal: Domestic Pets
  • Attached Home: Interior Unit
  • Design: Colonial
  • Electricity: Elec Underground
  • L V T Date: 04/15/2021
  • Parcel Number: 07600-00-00-1506C
  • Price Per Sq Ft: 154.87
  • Road Maint: 1479
  • Total Sq Ft: 1130
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Room 1: Living Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Total Finished Sq Ft: 1130
  • Above Grade Finished Sq Ft: 1130
  • Bathroom: Attach Mstr Bath
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Eat-In, Electric Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Wood Counter
  • Land Description: Nearly Level, Partly Cleared, Partly Wooded
  • 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, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Pool: Yes
  • Pool: Community
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck
  • Structure Floors: Carpet, Vinyl
  • Structure Security: Smoke Detector(s)
  • Structure Window Ceiling: 8' Ceilings
  • View: Mountain View, Residential View
  • Yard: Landscaped, Mature, Nearly Level, Playground, Sunny, Tennis Court

Garage/Parking

  • Driveway: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Clubhouse, Community Room, Dining Rooms, Exercise Room, Meeting Room, Picnic Area, Play Area, Pool, Tennis
  • Association Fee: Coa
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Club House, Dumpster, Exercise Room, Exterior Maint, Master Ins. Policy, Play Area, Pool, Prof. Mgmt., Road Maint, Reserve Fund, Snow Removal, Tennis, Trash Pickup, Yard Maintenance
  • Association Fee: 194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Apr 26, 2021
Sold by
Kerrigan Kevin
Bought by
Wang Zhao
Seller's Agent
Voe Montgomery
NEST REALTY GROUP
Buyer's Agent
SETH BATTON
FIND HOMES REALTY LLC
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$235,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,544
Avg. Annual Appreciation
6.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Zhao $172,500 Stewart Title Guaranty Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $175,000 0.0% $155 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $175,000 -- $155 / 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 $2,057 $230,100 $45,000 $185,100
2024 $1,830 $214,300 $41,000 $173,300
2023 $1,740 $203,700 $47,000 $156,700
2022 $1,488 $174,200 $39,500 $134,700
2021 $1,486 $174,000 $43,500 $130,500
2020 $1,401 $164,100 $43,500 $120,600
2019 $1,304 $152,700 $40,000 $112,700
2018 $1,098 $133,500 $30,000 $103,500
2017 $1,076 $128,300 $30,000 $98,300
2016 $1,085 $129,300 $30,000 $99,300
2015 $494 $120,700 $30,000 $90,700
2014 -- $119,700 $30,000 $89,700
Source: Public Records

Agents Affiliated with this Home

  • Voe Montgomery

    Seller's Agent in 2021

    Voe Montgomery

    NEST REALTY GROUP

    (434) 466-5645

    17 in this area

    175 Total Sales

    Voe Montgomery
    Section Image
  • SETH BATTON

    Buyer's Agent in 2021

    SETH BATTON

    FIND HOMES REALTY LLC

    (434) 218-0221

    7 in this area

    134 Total Sales

    SETH BATTON
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 616078

Charlottesville area Association of Realtors®

APN: 07600-00-00-1506C

Virginia Albemarle County Charlottesville 22903 Southwest Charlottesville

1506 Villa Terrace Unit C, Charlottesville, VA

Not Listed for Sale

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