NOT LISTED FOR SALE

Estimated Value: $1,016,000 - $1,141,728

4 Beds
3.5 Baths
3,438 Sq Ft
$311/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2023

Last sale price $978,000 $284 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,510 / mo

9 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Wood Flooring
  • Ivy Elementary School Rated A-
  • Wood Burning Stove
  • Main Floor Primary Bedroom

About This Home

As of April 2023

1525 Old Oaks Drive is an idyllic Cape Cod with a versatile floorplan that offers a variety formal and informal living/gathering spaces with a layout that fits the needs of the everyday routine. The 4 bed 3.5 bath house sits on a gorgeous elevated lot at the end of a cul-de-sac in the sought after Ivy Oaks Neighborhood. Wide plank heart pine floors span from the front entry hall and dining room through the kitchen and living room. The home features a well-appointed primary suite on the first floor, along with 2 additional bedrooms and a large guest suite upstairs. The updated kitchen with custom cabinets extends across a casual dining area and living room that both open to an expansive rear deck and lovely backyard. Entry from the 2 car garage, leads through an oversize mudroom/drop room with slate floors and built in cubbies. The mudroom also provides outside access and a back staircase to the finished bonus room. Located in the heart of Ivy, just across from Meriwether Lewis Elementary and surrounded by a neighborhood trail system, the property features numerous updates including both HVAC units, and new Pella windows.

Last Agent to Sell the Property

Yates McCallum

FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225228262 Listed on: 02/25/2023

Last Buyer's Agent

Dawn Cromer

NEST REALTY GROUP License #0225184518

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,308

Year Built

  • Built in 1986

Lot Details

  • 2.08 Acre Lot
  • Cul-De-Sac
  • Elevated Lot
  • Landscaped
  • Property is zoned RA Rural Area

Home Design

  • Concrete Block With Brick
  • Cedar Siding

Interior Spaces

  • 3,438 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Double Hung Windows
  • Mud Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Dishwasher
  • Granite Countertops
  • Glass Frame Cabinet

Flooring

  • Wood
  • Pine Flooring
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • Primary bathroom on main floor

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Meriwether Lewis Elementary School
  • Henley Middle School
  • Western Albemarle High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Ivy Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058C0060002200

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,308

Year Built

Built in 1986

Lot Details

2.08 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3438
  • Design: Cape Cod
  • L V T Date: 02/28/2023
  • Nameof Property: 1525 Old Oaks Drive
  • Parcel Number: 058C0060002200
  • Price Per Sq Ft: 284.47
  • Total Sq Ft: 4077
  • Total Unfinished Sq Ft: 639
  • Type of Construction: On Site Built
  • Zoning: RA Rural Area
  • Subdivision: IVY OAKS
  • Comments: Yes
  • Concatenated Rooms1: |Half Bath1|Full Bath2|Master BTH1|Full Bath2|
  • Structures Deck Porch: Deck
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas, Wood Burning
  • Basement Type: Crawl
  • Room 1: Half Bath,On Level: 1
  • Room 2: Full Bath,On Level: 2
  • Room 3: Master Bath,On Level: 1
  • Room 4: Full Bath,On Level: 2
  • Total Finished Sq Ft: 3438
  • Above Grade Finished Sq Ft: 3438
  • Fireplace Location: Living Room, Master Bedroom
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher
  • Kitchen Cabinets Counters: Glass Front Cabinets, Granite
  • Land Description: Elevated, Landscaped
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Bonus Room, Dining Room, Full Bath, Half Bath, Laundry, Living Room, Master Bedroom, Mud Room
  • Room Types Level1: Half Bath (L1)
  • Room Types Level2: Full Bath (L2+)

Exterior Features

  • Exterior: Cedar
  • Number Of Acres: 2.08
  • Roof: Architectural Style
  • Structure Features: Skylights
  • Structure Floors: Carpet, Hardwood, Pine
  • Structure Window Ceiling: Double-hung Windows, Insulated Windows, Low-E Windows
  • View: Residential View
  • Water Property: Stream / Creek

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 639
  • Garage Features: Attached, Auto Door, Faces Side, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 639

Utilities

  • Cooling: Central AC
  • Heating: Central Heat
  • Cable Available: Cable
  • Sewer/Septic System: Septic Tank
  • Water: Public Water

Lot Info

  • Lot Features: Cul-de-sac

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2022
  • Taxes: 6307.64

MLS Schools

  • HighSchool: Western Albemarle
  • Middle School: Henley
  • Elementary School: Meriwether Lewis

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Mar 30, 2023
Sold by
Bought by
Seller's Agent
Yates McCallum
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Dawn Cromer
NEST REALTY GROUP
List Price
$899,000
Sold Price
$978,000
Premium/Discount to List
$79,000
8.79%
Views
13
Current Estimated Value
$1,069,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,182
Avg. Annual Appreciation
2.79%
Original Mortgage
$978,000
Outstanding Balance
$936,504
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$132,678

Purchase Details

Closed on
Jul 2, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,100
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$978,000 Old Republic National Title
$657,000 Old Republic National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $978,000
Closed $510,400
Closed $138,100
Closed $190,000
Closed $60,000
Closed $14,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2023 04/17/23 Sold $978,000 +8.8% $284 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $899,000 -- $261 / Sq Ft
Source: Charlottesville area Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,822 $1,042,000 $278,200 $763,800
2025 $8,822 $986,800 $250,300 $736,500
2024 $8,101 $948,600 $250,300 $698,300
2023 $3,489 $817,200 $227,000 $590,200
2022 $6,308 $738,600 $218,800 $519,800
2021 $5,633 $659,600 $197,800 $461,800
2020 $5,733 $671,300 $180,000 $491,300
2019 $5,529 $647,400 $180,000 $467,400
2018 $4,575 $565,900 $175,000 $390,900
2017 $4,401 $524,600 $175,000 $349,600
2016 $4,145 $494,000 $175,000 $319,000
2015 $1,998 $487,800 $175,000 $312,800
2014 -- $483,700 $175,000 $308,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 638865

Charlottesville area Association of Realtors®

APN: 058C0-06-00-02200

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