$156,000
SOLD AUG 16, 2021

1520 Villa Terrace Unit E Charlottesville, VA 22903

2 Beds
2 Baths
940 Sq Ft
$190/mo HOA Fee

Recently Sold

$166 Per Sq Ft

5% Below List Price

20 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Tennis Courts
  • Jackson P. Burley Middle School Rated A-
  • End Unit
  • Exercise Course

About This Home

As of August 2021

Top Floor Corner Home! Open and spacious condo with excellent views from the covered deck. Two large bedrooms with two full bathrooms. Convenient location: 3 miles to UVA Grounds/Hospital and less than 3 miles to 5th Street Station (restaurants, Wegman's, movie theater and more). The community offers a refreshening pool, fitness center, play area and tennis courts.

Last Agent to Sell the Property

Heather Griffith

NEST REALTY GROUP License #0225095410 Listed on: 06/03/2021

NEST REALTY GROUP

Last Buyer's Agent

Candice van der Linde

YES REALTY PARTNERS License #0225199775

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1972

Lot Details

  • End Unit

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • 940 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Family Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Playground

Schools

  • Mountainview Elementary School
  • Walton Middle School
  • Monticello High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 123345

Community Details

Overview

  • Association fees include dumpster, exercise room, exterior maint, master ins. policy, play area, pool, road maint, tennis, yard maintenance
  • $50 HOA Transfer Fee
  • Villas At Southern Ridge Subdivision

Amenities

  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,260

Year Built

Built in 1972

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 940
  • Attached Home: End Unit
  • Design: Colonial
  • Electricity: Elec Above ground
  • L V T Date: 06/03/2021
  • Parcel Number: 123345
  • Price Per Sq Ft: 165.96
  • Total Sq Ft: 940
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: VILLAS AT SOUTHERN RIDGE
  • Comments: Yes
  • Concatenated Rooms1: |Family Roo2|Dining Roo2|Kitchen2|Full Bath2|Bedroom2|Laundry2|Full Bath2|Bedroom2|
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Laundry: Dryer, Washer
  • Room 1: Family Room, On Level: 2
  • Room 2: Dining Room, On Level: 2
  • Room 3: Kitchen, On Level: 2
  • Room 4: Full Bath, On Level: 2
  • Room 5: Bedroom, On Level: 2
  • Room 6: Laundry, On Level: 2
  • Room 7: Full Bath, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Total Finished Sq Ft: 940
  • Above Grade Finished Sq Ft: 940
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Microwave, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Wood Cabinets
  • Level: 2 Story
  • Bathrooms: 2
  • Number Beds: 2
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Kitchen, Laundry
  • Room Types Level2: Bedroom (L2+), Dining Room (L2+), Family Room (L2+), Full Bath (L2+), Kitchen (L2+), Laundry (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Pool: Yes
  • Pool: Community
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck
  • Structure Floors: Carpet, Ceramic Tile, Vinyl
  • Structure Security: Buzz-in Door

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Clubhouse, Exercise Room, Play Area, Pool, Tennis
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 50
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Includes: Dumpster, Exercise Room, Exterior Maint, Master Ins. Policy, Play Area, Pool, Road Maint, Tennis, Yard Maintenance
  • Association Fee: 190

Schools

  • Elementary School: Mountainview Elementary School
  • Middle School: Walton
  • High School: Monticello

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2021
  • Taxes: 1260

MLS Schools

  • HighSchool: Monticello
  • Middle School: Walton
  • Elementary School: Mountainview Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 28, 2021
Sold by
Delgado Lopez Eduardo and Delgado Ania
Bought by
Patel Jenith and Patel Minkalben
Seller's Agent
Heather Griffith
NEST REALTY GROUP
Buyer's Agent
Candice van der Linde
YES REALTY PARTNERS
List Price
$164,500
Sold Price
$156,000
Premium/Discount to List
-$8,500
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$124,800
Outstanding Balance
$114,214
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$110,125
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $156,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,800 Credit Line Revolving
Previous Owner $159,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
03/29/2025 03/29/25 For Sale $225,000 +44.2% $239 / Sq Ft
08/16/2021 08/16/21 Sold $156,000 -5.2% $166 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $164,500 -- $175 / 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 $1,849 $206,800 $45,000 $161,800
2024 $1,644 $192,500 $41,000 $151,500
2023 $1,571 $184,000 $47,000 $137,000
2022 $1,344 $157,400 $39,500 $117,900
2021 $1,348 $157,800 $43,500 $114,300
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 $445 $108,600 $30,000 $78,600
2014 -- $107,800 $30,000 $77,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 618321

Charlottesville area Association of Realtors®

APN: 07600-00-00-1520E