NOT LISTED FOR SALE

Estimated Value: $506,000 - $521,298

1 Bed
1 Bath
941 Sq Ft
$278/mo HOA Fee

Last Sold August 26, 2022

Last sale price $505,000 $537 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,510/month

41 Days on Market

Highlights

  • Multiple Fireplaces
  • Wood Flooring
  • Granite Countertops
  • Charlottesville High School Rated A-
  • Main Floor Primary Bedroom
  • Walk-In Closet

About This Home

As of August 2022

Elegant City living in the heart of Charlottesville. This stylish and light filled condo is located in the Belmont neighborhood, only a 5 minute walk to the Historic Downtown Mall and just 2 miles from UVA Grounds! Walk to many great restaurants, 2 breweries, theatres and music venues. High ceilings and (almost) floor to ceiling windows offer city views from the living room. Hickory wood floors throughout living spaces, soapstone and granite countertops in kitchen with island, tiled floor and shower in bath, and a modern gas fireplace (Hearthstone, Hase Collection). Outside the building is surrounded by green space, which provides a very quiet and pet friendly environment. Extra storage and one reserved parking space in the lower level garage. Ample space outside for another vehicle and guest parking!

Last Agent to Sell the Property

Elizabeth French

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225088740 Listed on: 06/16/2022

Last Buyer's Agent

Charlotte Dammann

MCLEAN FAULCONER INC., REALTOR License #0225111406

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 2004

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 941 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 1 Car Garage
  • Basement Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Schools

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

Utilities

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

Community Details

  • $200 HOA Transfer Fee
  • Built by STONEHAUS LLC
  • Belmont Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 580358320

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,897

Year Built

Built in 2004

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 941
  • Design: Contemporary
  • L V T Date: 06/17/2022
  • Nameof Property: Belmont Lofts
  • Parcel Number: 580358320
  • Price Per Sq Ft: 536.66
  • Property Included: Refrigerator, dishwasher, microwave, stack washer/dryer
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 941
  • Type of Construction: On Site Built
  • Zoning: PUD Planned Unit Development
  • Subdivision: BELMONT LOFTS
  • Comments: Yes
  • Concatenated Rooms1: |Great Room1|Kitchen1|Bedroom1|Full Bath1|Laundry1|
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: Gas, Glassed-in, One
  • Laundry: Stack Unit
  • Room 1: Great Room,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Bedroom,On Level: 1
  • Room 4: Full Bath,On Level: 1
  • Room 5: Laundry,On Level: 1
  • Total Finished Sq Ft: 941
  • Above Grade Finished Sq Ft: 941
  • Fireplace Location: Great Room
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Gas Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Granite, Soapstone Counter
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 1
  • Number Beds Main Level: 1
  • Full Bathrooms: 1
  • Room Types: Bedroom, Full Bath, Great Room, Kitchen, Laundry
  • Room Types Level1: Bedroom (L1), Full Bath (L1), Great Room (L1), Kitchen (L1), Laundry (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Homebuilder: STONEHAUS LLC
  • Exterior: Brick
  • Structure Features: Walk-in Closet
  • Structure Floors: Hardwood, Wood
  • Structure Security: Buzz-in Door
  • Structure Window Ceiling: 10' Ceilings, Insulated Windows
  • View: Residential View, Urban View

Garage/Parking

  • Garage: Yes
  • Garage Features: Auto Door, Electricity, Faces Side, In Basement
  • Number of Car Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 200
  • Association Fee: COA
  • Association Frequency: Monthly
  • Association Fee: 278

Schools

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

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2021
  • Taxes: 2896.52

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 18, 2022
Sold by
Aryal Gaurab
Bought by
Deeds Creigh
Seller's Agent
Elizabeth French
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Charlotte Dammann
MCLEAN FAULCONER INC., REALTOR
List Price
$549,900
Sold Price
$505,000
Premium/Discount to List
-$44,900
-8.17%
Views
13
Current Estimated Value
$511,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,325
Avg. Annual Appreciation
0.42%
Original Mortgage
$520,000
Outstanding Balance
$400,542
Interest Rate
5.54%
Estimated Equity
$110,783

Purchase Details

Closed on
Apr 10, 2017
Sold by
Robert Gordon and Robert Brenda
Bought by
Aryal Gaurab

Purchase Details

Closed on
Jul 11, 2008
Bought by
May Jeremy M
Source: Public Records

Range of Values:

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Average Value
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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
Deeds Creigh $505,000 Old Republic National Title In
Aryal Gaurab $291,500 Stewart Title Guaranty Co
May Jeremy M $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deeds Creigh $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $505,000 -4.5% $537 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $529,000 -3.8% $562 / Sq Ft
06/16/2022 06/16/22 For Sale $549,900 -- $584 / 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 $4,901 $496,900 $89,400 $407,500
2024 $4,901 $487,600 $89,400 $398,200
2023 $4,599 $475,800 $80,000 $395,800
2022 $3,823 $395,000 $61,200 $333,800
2021 $2,897 $301,600 $60,700 $240,900
2020 $2,734 $284,500 $50,600 $233,900
2019 $2,639 $274,500 $45,200 $229,300
2018 $1,283 $266,800 $45,200 $221,600
2017 $1,505 $264,600 $43,000 $221,600
2016 $2,307 $239,500 $17,900 $221,600
2015 $2,275 $239,500 $17,900 $221,600
2014 $2,275 $239,500 $17,900 $221,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 631739

Charlottesville area Association of Realtors®

APN: 580-358-320