NOT LISTED FOR SALE

1518 Villa Terrace Charlottesville, VA 22903

Southwest Charlottesville Neighborhood

Estimated Value: $209,000 - $228,000

2 Beds
2 Baths
940 Sq Ft
$153/mo HOA Fee

Last Sold December 11, 2020

Last sale price $170,000 $181 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,460/month

51 Days on Market

Highlights

  • Granite Countertops
  • Community Pool
  • Eat-In Kitchen
  • Jackson P. Burley Middle School Rated A-
  • Tennis Courts
  • Living Room

About This Home

As of December 2020

Wonderfully updated condo in great area near 5th Street station. Recent windows, remodeled kitchen, waterproof luxury vinyl flooring throughout with washer and dryer. The bedrooms are large and this is a top floor condo offering better views and better natural light. Great tree house feel to the deck as well! Don't miss this opportunity to acquire an updated and remodeled condo at a great value in Albemarle but right on the edge of Charlottesville in the 5th Street area.

Last Agent to Sell the Property

Jordan Hague

Equity Saver USA License #0225182466 Listed on: 08/14/2020

Last Buyer's Agent

Jessica Russo

NEST REALTY GROUP License #0225067579

NEST REALTY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,985

Year Built

  • 1973

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Brick Foundation
  • Poured Concrete
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07600-00-00-1518E

Community Details

Overview

  • Association fees include area maint, club house, dumpster, play area, pool, prof. mgmt., tennis, trash pickup

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,985

Year Built

1973

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Class: Residential
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 940
  • L V T Date: 08/14/2020
  • Parcel Number: 07600-00-00-1518E
  • Price Per Sq Ft: 180.85
  • Total Sq Ft: 940
  • 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: 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: Full Bath, On Level: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Master Bedroom, On Level: 1
  • Room 8: Full Bath, On Level: 1
  • Room 9: Laundry, On Level: 1
  • Total Finished Sq Ft: 940
  • Above Grade Finished Sq Ft: 940
  • Foundation: Brick, Poured Concrete
  • Kitchen Appliances Feat: Dishwasher, Eat-In, Electric Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Granite
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Number Beds: 2
  • Number Beds Main Level: 2
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Foyer, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, Dsl, Fiber-Optic
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Pool, Tennis
  • Association Fee: Coa
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Club House, Dumpster, Play Area, Pool, Prof. Mgmt., Tennis, Trash Pickup
  • Association Fee: 153

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 5, 2020
Sold by
Frey Emily C
Bought by
Patterson Ciera Nicole
Seller's Agent
Jordan Hague
Equity Saver USA
Buyer's Agent
Jessica Russo
NEST REALTY GROUP
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Current Estimated Value
$216,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,783
Avg. Annual Appreciation
5.00%
Original Mortgage
$171,717
Outstanding Balance
$152,804
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$63,979

Purchase Details

Closed on
Jul 14, 2016
Sold by
Frog Man Llc
Bought by
Frey Emily C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,421
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patterson Ciera Nicole $170,000 Stewart Title Guaranty Co
Frey Emily C $121,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Ciera Nicole $171,717
Previous Owner Frey Emily C $124,421
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $170,000 -5.0% $181 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $179,000 0.0% $190 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $179,000 -- $190 / 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 $1,985 $222,000 $45,000 $177,000
2024 $1,765 $206,700 $41,000 $165,700
2023 $1,682 $196,900 $47,000 $149,900
2022 $1,451 $169,900 $39,500 $130,400
2021 $1,406 $164,600 $43,500 $121,100
2020 $1,274 $149,200 $43,500 $105,700
2019 $1,186 $138,900 $40,000 $98,900
2018 $995 $120,900 $30,000 $90,900
2017 $976 $116,300 $30,000 $86,300
2016 $977 $116,400 $30,000 $86,400
2015 $889 $108,600 $30,000 $78,600
2014 -- $107,800 $30,000 $77,800
Source: Public Records

Agents Affiliated with this Home

  • Jordan Hague

    Seller's Agent in 2020

    Jordan Hague

    Equity Saver USA

    (434) 964-7283

    6 in this area

    112 Total Sales

    Jordan Hague
    Section Image
  • Jessica Russo

    Buyer's Agent in 2020

    Jessica Russo

    NEST REALTY GROUP

    (434) 996-3176

    6 in this area

    177 Total Sales

    Jessica Russo
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 607257

Charlottesville area Association of Realtors®

APN: 07600-00-00-1518E

Virginia Albemarle County Charlottesville 22903 Southwest Charlottesville

1518 Villa Terrace, Charlottesville, VA

Not Listed for Sale

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