NOT LISTED FOR SALE

1516 Broad Ave Charlottesville, VA 22903

Fry's Spring Neighborhood

Estimated Value: $406,068 - $435,000

2 Beds
1 Bath
880 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $309,000 $351 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,515/month

Highlights

  • Wood Flooring
  • Concrete Block With Brick
  • 1-Story Property
  • Charlottesville High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

FSBO-For Comp purposes only Fantastic cottage home close to UVA and hospital. Private, fenced back yard, hardwood floors, remodeled kitchen. HVAC replaced in last 5 years. Great investment property or starter home. Current tenants cannot vacate until July 1.

Last Agent to Sell the Property

Unrepresented Seller

UnrepresentedSeller Listed on: 06/20/2021

Last Buyer's Agent

LORI CLICK

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225228465 Listed on: 06/20/2021

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Year Built

  • 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence
  • Chain Link Fence
  • Property is zoned R-2 Residential

Parking

  • Gravel Driveway

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property
  • Double Hung Windows
  • Living Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 220186000

Home Details

Home Type

Single Family

Year Built

1950

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 880
  • Below Grade Total Sq Ft: 880
  • Design: Ranch
  • L V T Date: 06/24/2021
  • Parcel Number: 220186000
  • Price Per Sq Ft: 351.14
  • Property Included: Dishwasher, refrigerator, electric stove
  • Total Sq Ft: 1760
  • Total Unfinished Sq Ft: 880
  • Type of Construction: On Site Built
  • Zoning: R-2 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Unfinished Below Grade Sq Ft: 880
  • Laundry: Dryer, Washer
  • Basement Type: Full, Outside Entrance, Unfinished
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Full Bath, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Bedroom, On Level: 1
  • Total Finished Sq Ft: 880
  • Above Grade Finished Sq Ft: 880
  • Basement: Yes
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Refrigerator
  • Kitchen Cabinets Counters: Wood Cabinets
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 2
  • Number Beds Main Level: 2
  • Full Bathrooms: 1
  • Room Types: Bedroom, Full Bath, Kitchen, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Chain Link, Privacy Fence
  • Exterior: Aluminum
  • Number Of Acres: 0.18
  • Roof: Composition Shingle
  • Structure Deck Porch: Patio, Porch - Front
  • Structure Floors: Hardwood
  • Structure Window Ceiling: Double-Hung Windows
  • Yard: Fenced

Garage/Parking

  • Driveway: Gravel

Utilities

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

Lot Info

  • Lot Features: Fenced Part

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2021
Closed on
Jun 8, 2021
Sold by
Phillips Michael W and Phillips Jessica F
Bought by
Parks Valerie Georgette
Seller's Agent
LORI CLICK
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Buyer's Agent
LORI CLICK
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$270,000
Sold Price
$309,000
Premium/Discount to List
$39,000
14.44%
Current Estimated Value
$417,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,517
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
May 21, 2014
Bought by
Phillips Michael W and Phillips Jessica F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Parks Valerie Georgette $309,000 --
Phillips Michael W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $309,000 +14.4% $351 / Sq Ft
06/20/2021 06/20/21 For Sale $270,000 -- $307 / 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 $3,987 $401,000 $132,500 $268,500
2024 $3,987 $384,400 $132,500 $251,900
2023 $3,647 $373,900 $129,400 $244,500
2022 $2,901 $296,200 $88,700 $207,500
2021 $2,549 $262,200 $77,100 $185,100
2020 $2,430 $249,700 $73,400 $176,300
2019 $2,397 $246,200 $69,900 $176,300
2018 $1,092 $223,800 $63,500 $160,300
2017 $1,985 $202,900 $63,500 $139,400
2016 $1,860 $189,700 $52,900 $136,800
2015 $1,842 $189,700 $52,900 $136,800
2014 $1,842 $189,700 $52,900 $136,800
Source: Public Records

Agents Affiliated with this Home

  • U

    Seller's Agent in 2021

    Unrepresented Seller

    UnrepresentedSeller

  • LORI CLICK

    Seller's Agent in 2021

    LORI CLICK

    RE/MAX

    (434) 326-7593

    1 in this area

    32 Total Sales

    LORI CLICK
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 619149

Charlottesville area Association of Realtors®

APN: 220-186-000

Virginia Charlottesville County Charlottesville 22903 Fry's Spring

1516 Broad Ave, Charlottesville, VA

Not Listed for Sale

Detached

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