NOT LISTED FOR SALE

1601 Monticello Rd Charlottesville, VA 22902

Belmont Neighborhood

Estimated Value: $280,000 - $371,000

2 Beds
1 Bath
616 Sq Ft
$535/Sq Ft Est. Value

Sale Details

Date Sold: September 12, 2022

Last sale price $164,000 $266 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,013 / mo

6 Days on Market

Highlights

  • Concrete Block With Brick
  • Living Room
  • Bathroom on Main Level
  • Charlottesville High School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2022

LOCATION in Belmont offers so much! This is a great investor opportunity to rehab the existing home or start from scratch with a new build. Property is sold strictly "as-is". Adjoining property at 1607 Monticello Road is also available (MLS# 632918).

Last Agent to Sell the Property

Gavin Sherwood

YES REALTY PARTNERS License #0225220316 Listed on: 07/20/2022

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned R-1S (Small Lot) Residential

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 616 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

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

Schools

  • Clark Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Central Heating and Cooling System
  • Fiber Optics Available

Community Details

  • Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 610028000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,856

Year Built

Built in 1955

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 616
  • L V T Date: 07/20/2022
  • Parcel Number: 610028000
  • Price Per Sq Ft: 266.23
  • Property Included: Refrigerator, Stove, Microwave, and Dishwasher. Seller warrants and/or guarantees none of these to be functional.
  • Total Sq Ft: 616
  • Type of Construction: On Site Built
  • Zoning: R-1S (Small Lot) Residential
  • Subdivision: BELMONT
  • Comments: No
  • Concatenated Rooms1: |Laundry1|Kitchen1|Living Roo1|Bedroom1|Bedroom1|Full Bath1|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room 1: Laundry,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Living Room,On Level: 1
  • Room 4: Bedroom,On Level: 1
  • Room 5: Bedroom,On Level: 1
  • Room 6: Full Bath,On Level: 1
  • Total Finished Sq Ft: 616
  • Above Grade Finished Sq Ft: 616
  • Foundation: Concrete Block
  • 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, Laundry, Living Room
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.15

Utilities

  • Cooling: Central AC
  • Heating: Central Heat
  • Cable Available: Fiber-Optic
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2022
  • Taxes: 1856

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Clark

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

Closed on
Dec 1, 2024
Sold by
Bought by
Current Estimated Value
$329,708

Purchase Details

Listed on
Jul 20, 2022
Closed on
Nov 2, 2022
Sold by
Bought by
Seller's Agent
Gavin Sherwood
YES REALTY PARTNERS
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$159,000
Sold Price
$164,000
Premium/Discount to List
$5,000
3.14%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%
Original Mortgage
$450,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 6, 2022
Sold by
Bought by
Seller's Agent
Gavin Sherwood
YES REALTY PARTNERS
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$159,000
Sold Price
$164,000
Premium/Discount to List
$5,000
3.14%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2015
Bought by
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

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
-- Chicago Title Insurance Co
-- Chicago Title Insurance Compan
$428,000 Title Insurance Company
-- --
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
Previous Owner $450,000
Previous Owner $413,800
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
09/12/2022 09/12/22 Sold $164,000 +3.1% $266 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $159,000 -- $258 / 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 $2,794 $277,900 $130,600 $147,300
2025 $2,794 $272,800 $130,600 $142,200
2024 $2,717 $264,800 $130,600 $134,200
2023 $2,356 $239,400 $109,700 $129,700
2022 $1,914 $193,400 $87,800 $105,600
2021 $1,653 $167,900 $78,400 $89,500
2020 $1,618 $164,300 $56,200 $108,100
2019 $1,618 $164,300 $56,200 $108,100
2018 $751 $152,100 $52,000 $100,100
2017 $1,371 $138,300 $47,300 $91,000
2016 $1,271 $128,800 $42,200 $86,600
2015 $1,271 $128,800 $42,200 $86,600
2014 $1,271 $128,800 $42,200 $86,600
Source: Public Records

Agents Affiliated with this Home

  • Gavin Sherwood

    Seller's Agent in 2022

    Gavin Sherwood

    YES REALTY PARTNERS

    (434) 962-0226

    2 in this area

    75 Total Sales

    Gavin Sherwood
    Section Image

  • U

    Buyer's Agent in 2022

    Unrepresented Buyer

    UnrepresentedBuyer

    (434) 260-1045

    9 in this area

    836 Total Sales

    Unrepresented Buyer
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 632914

Charlottesville area Association of Realtors®

APN: 610-028-000

Virginia Charlottesville County Charlottesville 22902 Belmont

1601 Monticello Rd, Charlottesville, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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