NOT LISTED FOR SALE

1693 Banyan Ct Charlottesville, VA 22911

Estimated Value: $485,000 - $599,000

4 Beds
3 Baths
2,050 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $533,750 $260 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,480/month

6 Days on Market

Highlights

  • Outdoor Pool
  • Community Lake
  • Multiple Fireplaces
  • Hollymead Elementary School Rated A
  • Clubhouse
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2024

Great house in a great neighborhood at a great price. This 4BR/3BA house sits on a 1/3 acre lot on a quiet cul-de-sac in amenity rich Forest Lakes. The original floor plan was expanded in 2003 w/ the addition of a 1st floor BR & full bath for use as an in-law suite. This spacious addition offers flex space for not only a main level BR but also a home office, rec room, playroom, gym etc.. Recent improvements include: new roof ‘21, new LVP flooring (kitchen & bedrooms) ‘21 & new recessed lighting ‘21. This charming home boasts a screened porch, fenced yard, eat-in kitchen w/ baguette seating w/ storage, cozy gas fireplace & primary BR suite w/ walk-in closet system & vaulted ceiling. 10x16 garden shed + attached shed + attic = ample storage. Lot backs to wooded strip of common area for added buffer & privacy. Residents enjoy exclusive use of the many community amenities: 2 pools, multiple lit tennis & pickle ball courts, large fitness room, sports fields & courts, miles of paved & natural trails, ponds, lakes & playgrounds. Convenient location w/ easy access to 29, Hollymead Town Center, NGIC/DIA & Research Park. Walking distance to Hollymead & Lakeside schools.

Last Agent to Sell the Property

Lori Meistrell

NEST REALTY GROUP License #0225182371 Listed on: 05/07/2024

Last Buyer's Agent

SOPHIE LIN

LONG & FOSTER - CHARLOTTESVILLE License #0225240896

LONG & FOSTER - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,005

Year Built

  • Built in 1993

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is zoned PUD Planned Unit Development

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2,050 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Recessed Lighting
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Storage Shed
  • Playground

Schools

  • Hollymead Elementary School
  • Lakeside Middle School
  • Albemarle High School

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 046B6-00-0A-00900

Community Details

Overview

  • Association fees include area maint, exercise room, master ins. policy, play area, pool, prof. mgmt., reserve fund, tennis, trash pickup
  • $74 HOA Transfer Fee
  • Forest Lakes South Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Exercise Course
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,005

Year Built

Built in 1993

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2050
  • L V T Date: 05/09/2024
  • Parcel Number: 046B6-00-0A-00900
  • Price Per Sq Ft: 260.37
  • Property Excluded: Washer, dryer, Ring doorbell
  • Property Included: Kitchen refrigerator
  • Total Sq Ft: 2050
  • Type of Construction: On Site Built
  • Zoning: PUD Planned Unit Development
  • Subdivision: FOREST LAKES SOUTH
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Living Roo1|Dining Roo1|Kitchen1|Breakfast1|Laundry1|Full Bath1|Bedroom1|Pri Bed2|Pri Bath2|Bedroom2|Full Bath2|Bedroom2|
  • Structures Deck Porch: Porch - Screened
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas Logs, One
  • Laundry: Dryer Hookup, Washer Hookup
  • Room 1: Foyer,On Level: 1
  • Room 2: Living Room,13'8"x15'9,On Level: 1
  • Room 3: Dining Room,10'11x~11',On Level: 1
  • Room 4: Kitchen,10'3"x13'2,On Level: 1
  • Room 5: Breakfast Room,7'10"x9'8",On Level: 1
  • Room 6: Laundry,On Level: 1
  • Room 7: Full Bath,On Level: 1
  • Room 8: Bedroom,17'2"x23'5,On Level: 1
  • Room 9: Pri Bed,13'7x16'10,On Level: 2
  • Room 10: Pri Bath,On Level: 2
  • Room 11: Bedroom,10'11x~12,On Level: 2
  • Room 12: Full Bath,On Level: 2
  • Room 13: Bedroom,9'11"x9'7",On Level: 2
  • Total Finished Sq Ft: 2050
  • Above Grade Finished Sq Ft: 2050
  • Fireplace Location: Living Room
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Breakfast Nook, Dishwasher, Disposal, Eat-in, Gas Range, Microwave, Pantry, Recessed Light, Refrigerator
  • Level: 2 Story
  • Bathrooms: 3
  • Number of Main Level Bathrooms: 1
  • Number Beds: 4
  • Number Beds Main Level: 1
  • Full Bathrooms: 3
  • Room Types: Bedroom, Breakfast Room, Dining Room, Foyer, Full Bath, Kitchen, Laundry, Living 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+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.31
  • Pool: Yes
  • Pool: Community
  • Structure Features: Skylights, Walk-in Closet, Whirlpool/Jetted Tub

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Clubhouse, Exercise Room, Lake, Play Area, Pool, Soccer Field, Tennis, Volleyball, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 74
  • Association Fee: HOA
  • Association Frequency: Quarterly
  • Association Includes: Area Maint, Exercise Room, Master Ins. Policy, Play Area, Pool, Prof. Mgmt., Reserve Fund, Tennis, Trash Pickup
  • Association Fee: 324

Schools

  • Elementary School: Hollymead
  • Middle School: Lakeside
  • High School: Albemarle

Lot Info

  • Lot Features: Cul-de-sac, Fenced Part, Storage Shed

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2024
  • Taxes: 4005.26

MLS Schools

  • HighSchool: Albemarle
  • Middle School: Lakeside
  • Elementary School: Hollymead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jun 6, 2024
Sold by
Haywood Nathan and Gore Stephanie M
Bought by
Li Dehua and Xie Nairong
Seller's Agent
Lori Meistrell
NEST REALTY GROUP
Buyer's Agent
SOPHIE LIN
LONG & FOSTER - CHARLOTTESVILLE
List Price
$485,000
Sold Price
$533,750
Premium/Discount to List
$48,750
10.05%
Views
31
Current Estimated Value
$555,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,030
Avg. Annual Appreciation
2.78%
Original Mortgage
$373,000
Outstanding Balance
$369,649
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$181,787

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 4, 2021
Sold by
Bishop Kevin W
Bought by
Haywood Nathan and Gore Stephanie M
Seller's Agent
Sherry Millard
LONG & FOSTER - CHARLOTTESVILLE
Buyer's Agent
Lori Meistrell
NEST REALTY GROUP
List Price
$389,900
Sold Price
$402,500
Premium/Discount to List
$12,600
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$402,500
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2018
Sold by
Newton Charles and Newton Abigail W
Bought by
Bishop Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,950
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Jun 7, 2010
Sold by
Thurston Richard G and Thurston Carol M
Bought by
Newton Charles and Newton Abigail W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Li Dehua $533,750 Title Resource Guaranty Compan
Haywood Nathan $402,500 Chicago Title Insurance Co
Bishop Kevin W $360,000 Closure Title
Newton Charles $283,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Dehua $373,000
Previous Owner Haywood Nathan $402,500
Previous Owner Bishop Kevin W $334,950
Previous Owner Newton Charles $32,000
Previous Owner Newton Abigail W $240,000
Previous Owner Newton Charles $20,000
Previous Owner Newton Charles $226,880
Previous Owner Thurston Ruchard G $125,000
Previous Owner Thurston Richard G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $533,750 +10.1% $260 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $485,000 +20.5% $237 / Sq Ft
05/10/2021 05/10/21 Sold $402,500 +3.2% $196 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $389,900 -- $190 / 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 -- $499,900 $160,700 $339,200
2024 -- $469,000 $148,900 $320,100
2023 $3,944 $461,800 $158,000 $303,800
2022 $3,317 $388,400 $147,300 $241,100
2021 $3,279 $384,000 $152,600 $231,400
2020 $3,168 $371,000 $149,900 $221,100
2019 $3,025 $354,200 $144,600 $209,600
2018 $2,680 $322,200 $128,500 $193,700
2017 $2,656 $316,600 $117,800 $198,800
2016 $2,458 $293,000 $112,400 $180,600
2015 $1,213 $296,300 $112,400 $183,900
2014 -- $291,100 $112,400 $178,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 652624

Charlottesville area Association of Realtors®

APN: 046B6-00-0A-00900