NOT LISTED FOR SALE

1602 Monticello Ave Unit D Charlottesville, VA 22902

Belmont Neighborhood

Estimated Value: $231,000 - $261,000

2 Beds
2 Baths
830 Sq Ft
$277/mo HOA Fee

Last Sold April 08, 2022

Last sale price $207,000 $249 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,856/month

19 Days on Market

Highlights

  • Brick Exterior Construction
  • Walk-In Closet
  • 1-Story Property
  • Charlottesville High School Rated A-
  • Recessed Lighting
  • Central Heating and Cooling System

About This Home

As of April 2022

Stunning 2BR & 2BA condo in the heart of Belmont near everything people love about Charlottesville. Less than a mile from Downtown Charlottesville with easy access to UVA. Enjoy mountain views and low maintenance living at its finest. Stainless steel appliances with open concept floor plan. Natural light is on full display in the main living area with balcony to enjoy the views. This Belmont gem will not last long!

Last Agent to Sell the Property

Gary Palmer

TOWN REALTY License #0225217224 Listed on: 02/15/2022

Last Buyer's Agent

STEVEN MARTIN

RE/MAX NEW HORIZONS License #0225233318

RE/MAX NEW HORIZONS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,567

Year Built

  • Built in 1988

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Low Emissivity Windows
  • Insulated Windows
  • Casement Windows
  • Family Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Association fees include area maint, comm. laundry room, dumpster, exterior maint, prof. mgmt.
  • Monticello Overlook Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 600253700

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,567

Year Built

Built in 1988

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 830
  • L V T Date: 03/01/2022
  • Parcel Number: 600253700
  • Price Per Sq Ft: 249.4
  • Property Included: All appliances
  • Total Sq Ft: 830
  • Type of Construction: On Site Built
  • Zoning: HW Highway Corridor Mixed Use
  • Subdivision: MONTICELLO OVERLOOK CONDOMINIUMS
  • Comments: Yes
  • Concatenated Rooms1: |Bedroom1|Master Bed1|Full Bath1|Full Bath1|Family Roo1|Dining Roo1|Kitchen1|
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Laundry: Dryer, Stack Unit, Washer
  • Room 1: Bedroom,10x12,On Level: 1
  • Room 2: Master Bedroom,10.2x15.6,On Level: 1
  • Room 3: Full Bath,5.2x5.1,On Level: 1
  • Room 4: Full Bath,4.11x7.4,On Level: 1
  • Room 5: Family Room,13.10x22,On Level: 1
  • Room 6: Dining Room,9x10,On Level: 1
  • Room 7: Kitchen,7x10.2,On Level: 1
  • Total Finished Sq Ft: 830
  • Above Grade Finished Sq Ft: 830
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Electric Range, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Wood Cabinets
  • 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, Family Room, Full Bath, Kitchen, Master Bedroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Family Room (L1), Full Bath (L1), Kitchen (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick, Stucco
  • Roof: Composition Shingle
  • Structure Features: Walk-in Closet
  • Structure Floors: Carpet, Vinyl
  • Structure Window Ceiling: 8' Ceilings, Casement Windows, Insulated Windows, Low-E Windows, Screens

Utilities

  • Cooling: Central AC
  • Heating: Central Heat, Heat Pump
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: COA
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Comm. Laundry Room, Dumpster, Exterior Maint, Prof. Mgmt.
  • Association Fee: 277

Schools

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

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2020
  • Taxes: 1567

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 14, 2022
Sold by
Doronzio Philip B
Bought by
Shields Dawn L
Seller's Agent
Gary Palmer
TOWN REALTY
Buyer's Agent
STEVEN MARTIN
RE/MAX NEW HORIZONS
List Price
$205,000
Sold Price
$207,000
Premium/Discount to List
$2,000
0.98%
Current Estimated Value
$251,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,424
Avg. Annual Appreciation
6.22%
Original Mortgage
$124,200
Outstanding Balance
$116,578
Interest Rate
3.85%
Estimated Equity
$134,846

Purchase Details

Closed on
Apr 23, 2012
Bought by
D'Oronzio Philip B
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 Buyer Sale Price Title Company
Shields Dawn L $207,000 --
D'Oronzio Philip B $80,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Dawn L $124,200
Previous Owner Doronzio Philip B $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $207,000 +1.0% $249 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $205,000 -- $247 / 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 $2,204 $222,700 $42,500 $180,200
2024 $2,204 $213,400 $42,500 $170,900
2023 $1,948 $200,700 $37,000 $163,700
2022 $1,856 $191,100 $35,200 $155,900
2021 $1,721 $178,900 $31,100 $147,800
2020 $1,567 $162,700 $28,300 $134,400
2019 $1,432 $148,400 $25,300 $123,100
2018 $642 $132,900 $23,000 $109,900
2017 $1,187 $122,700 $20,000 $102,700
2016 $1,526 $132,300 $18,200 $114,100
2015 $1,526 $132,300 $18,200 $114,100
2014 $1,526 $132,300 $18,200 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 626536

Charlottesville area Association of Realtors®

APN: 600-253-700