NOT LISTED FOR SALE

1602 Monticello Rd Unit A and B Charlottesville, VA 22902

Belmont Neighborhood

Estimated Value: $660,000 - $775,979

5 Beds
4 Baths
2,865 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $428,000 $149 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,361/month

32 Days on Market

Highlights

  • Second Kitchen
  • 0.33 Acre Lot
  • Wood Flooring
  • Charlottesville High School Rated A-
  • Mountain View
  • Loft

About This Home

As of October 2020

Downtown Charlottesville is the prime location for this incredible offering. Live in the darling 2 BR/1 BA cottage on basement and continue to rent out the 2070 SF, 3 BR/3BA fully leased "apartment" in the rear that brings in $1375 per month in income. Tons of improvements and upgrades have been made so there isn't a thing to worry about for years to come. Both homes have new or newer heat pumps, windows, appliances, plumbing lines, sewer lines, and more. The cottage has updated electrical, 5 year old roof, and has a huge basement with heating and cooling, laundry, and tons of space for endless possibilities. The apartment also has abasement for storage, plus there is a large outbuilding. Mountain views and awesome location!

Last Agent to Sell the Property

Tara Savage

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225044570 Listed on: 08/13/2020

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Last Buyer's Agent

Dawn Cromer

NEST REALTY GROUP License #0225184518

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,550

Year Built

  • 1925

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Gentle Sloping Lot
  • Property is zoned R-1S (Small Lot) Residential

Parking

  • Driveway

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Loft
  • Utility Room
  • Mountain Views

Kitchen

  • Second Kitchen
  • Breakfast Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heat Pump System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 610023000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,550

Year Built

1925

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2865
  • Below Grade Total Sq Ft: 1455
  • Dependencies: Outbuilding Apartment, Tenant House
  • Design: Cottage
  • Electricity: Elec Above Ground
  • L V T Date: 08/13/2020
  • Parcel Number: 610023000
  • Price Per Sq Ft: 149.39
  • Property Included: Cottage - gas range, refrigerator, portable AC unit in basement, gas heater in basement, washer, dryer Apartment - Range, Refrigerator, dishwasher, washer, dryer
  • Total Sq Ft: 4320
  • Total Unfinished Sq Ft: 1455
  • Type of Construction: On Site Built
  • Zoning: R-1S (Small Lot) Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1925

Interior Features

  • Unfinished Below Grade Sq Ft: 1455
  • Laundry: Dryer, Dryer Hookup, Large Sink, Washer, Washer Hookup
  • Basement Type: Heated, Outside Entrance, Unfinished, Walk Out, Windows
  • Room 1: Living Room, On Level: 1
  • Room 2: Kitchen, On Level: 1
  • Room 3: Bedroom, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Dining Room, On Level: 1
  • Room 6: Laundry, On Level: Basement
  • Room 7: Utility Room, On Level: Basement
  • Room 8: Foyer, On Level: 1
  • Room 9: Living Room, On Level: 1
  • Room 10: Dining Room, On Level: 1
  • Room 11: Kitchen, On Level: 1
  • Room 12: Breakfast Room, On Level: 1
  • Room 13: Full Bath, On Level: 1
  • Room 14: Laundry, On Level: 1
  • Room 15: Master Bedroom, On Level: 2
  • Room 16: Bedroom, On Level: 2
  • Room 17: Bedroom, On Level: 2
  • Room 19: Loft, On Level: 2
  • Total Finished Sq Ft: 2865
  • Above Grade Finished Sq Ft: 2865
  • Basement: Yes
  • Bathroom: Attach Mstr Bath
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Breakfast Bar, Breakfast Nook, Dishwasher, Electric Range, Gas Range, Microwave, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Maple Cabinets, Painted Cabinets, White Cabinets
  • Land Description: Gently Rolling, Landscaped
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 4
  • Number of Main Level Bathrooms: 1
  • Number Beds: 5
  • Number Beds Main Level: 2
  • Full Bathrooms: 4
  • Room 18: Full Bath, On Level: 2
  • Room Types: Bedroom, Breakfast Room, Dining Room, Foyer, Full Bath, Kitchen, Laundry, Living Room, Loft, Master Bedroom, Utility Room
  • Room Types Level1: Bedroom (L1), Breakfast Room (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Loft (L2+), Master Bedroom (L2+)
  • Room Types Level B: Laundry (LB), Utility Room (LB)

Exterior Features

  • Exterior: Aluminum
  • Number Of Acres: 0.33
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck, Patio, Porch - Front, Porch - Side
  • Structure Features: Two Kitchens, Walk-In Closet
  • Structure Floors: Carpet, Hardwood, Vinyl
  • Structure Security: Carbon Monoxide Detector, Smoke Detector(s)
  • Structure Window Ceiling: Insulated Windows, Vinyl Clad Windows
  • View: Mountain View, Residential View
  • Yard: Landscaped, Sunny

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Lot Features: Bus On City Route

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2000
Bought by
Shifflett Thomas J and Shifflett Denise H
Current Estimated Value
$727,245
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shifflett Thomas J $108,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $428,000 +0.7% $149 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $425,000 -- $148 / 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 $6,550 $653,700 $197,000 $456,700
2024 $6,550 $627,200 $195,300 $431,900
2023 $5,732 $582,100 $164,100 $418,000
2022 $4,825 $487,600 $131,300 $356,300
2021 $4,123 $418,800 $117,200 $301,600
2020 $3,889 $394,200 $83,100 $311,100
2019 $3,342 $336,600 $83,100 $253,500
2018 $1,553 $311,700 $76,900 $234,800
2017 $2,837 $283,488 $69,900 $213,588
2016 $2,610 $265,800 $62,400 $203,400
2015 $2,610 $265,800 $62,400 $203,400
2014 $2,610 $265,800 $62,400 $203,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 607199

Charlottesville area Association of Realtors®

APN: 610-023-000