NOT LISTED FOR SALE

Estimated Value: $705,000 - $780,000

2 Beds
2 Baths
1,395 Sq Ft
$411/mo HOA Fee

Last Sold December 17, 2021

Last sale price $610,000 $437 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,150/month

12 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Garden View
  • Granite Countertops
  • Charlottesville High School Rated A-
  • Great Room
  • Breakfast Room

About This Home

As of December 2021

Stunning, light-filled, contemporary condo in Belmont Lofts- a warehouse-style loft community of 42 condos nestled in a private green oasis in the heart of downtown Charlottesville. This gem boasts tasteful modern finishes throughout including dramatic windows (newly replaced), 11 ft ceilings, gleaming concrete floors and a sleek kitchen featuring maple cabinets, granite countertops, gas range, pantry and breakfast bar. The 1,395 square ft of finished space is currently configured as a 1BR/2BA, yet easily converts to the original 2BR/2BA plan. Perfectly positioned on a corner on the 2nd floor overlooking a 3 acre park-like setting with garden plots, community green space, mature landscaping and outdoor seating- all enjoyed without the hassle of yard maintenance. Just steps from Belmont and downtown restaurants, entertainment and shops. Secure building with Elevator. One parking space and one storage space in the gated garage with plenty of surface parking as well.

Last Agent to Sell the Property

Kristin Cummings Streed

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225197940 Listed on: 11/05/2021

Last Buyer's Agent

Kelly Ceppa

NEST REALTY GROUP License #0225065501

NEST REALTY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,317

Year Built

  • Built in 2003

Lot Details

  • Landscaped
  • Garden

HOA Fees

  • $411 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,395 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Low Emissivity Windows
  • Insulated Windows
  • Casement Windows
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Concrete Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Double Vanity
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Eco-Friendly Details

  • Green Features
  • No or Low VOC Paint or Finish

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 580358101

Community Details

Overview

  • Association fees include area maint, dumpster, extra storage, gas, snow removal, trash pickup, water/sewer, yard maintenance
  • $400 HOA Transfer Fee
  • Built by STONEHAUS LLC
  • Belmont Lofts Subdivision, Dramatic Downtown Condo Floorplan

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,317

Year Built

Built in 2003

Lot Details

0

HOA Fees

$411 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Model Name: Dramatic Downtown Condo
  • Above Grade Finished Sq Ft: 1395
  • Design: Contemporary
  • L V T Date: 10/30/2021
  • Nameof Property: Contemporary Condo at Belmont Lofts
  • Parcel Number: 580358101
  • Price Per Sq Ft: 437.28
  • Property Included: Refrigerator, Dishwasher, Microwave, Gas range, Washer & dryer. Lutron Solar Shades, Roman blind in Master BR
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 1395
  • Type of Construction: On Site Built
  • Zoning: PUD Planned Unit Development
  • Subdivision: BELMONT LOFTS
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Great Room1|Breakfast1|Kitchen1|Master Bed1|Master BTH1|Full Bath1|Laundry1|
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Laundry: Dryer, Washer
  • Room 1: Foyer, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Breakfast Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Full Bath, On Level: 1
  • Room 8: Laundry, On Level: 1
  • Total Finished Sq Ft: 1395
  • Above Grade Finished Sq Ft: 1395
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Eat-in, Gas Range, Island, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Granite, Maple Cabinets
  • Land Description: Garden Spot, Landscaped, Nearly Level
  • 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: 1
  • Full Bathrooms: 2
  • Room Types: Bedroom, Breakfast Room, Dining Room, Foyer, Full Bath, Great Room, Kitchen, Laundry, Master Bedroom, Master Bathroom
  • Room Types Level1: Breakfast Room (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Great Room (L1), Kitchen (L1), Laundry (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Homebuilder: STONEHAUS LLC
  • Exterior: Brick
  • Structure Features: Dual Vanities, Walk-in Closet
  • Structure Floors: Concrete
  • Structure Security: Buzz-in Door, Smoke Detector(s)
  • Structure Window Ceiling: 10' Ceilings, Casement Windows, Insulated Windows, Low-E Windows, Screens
  • View: Garden View, Urban View

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 400
  • Association Fee: COA
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Dumpster, Extra Storage, Gas, Snow Removal, Trash Pickup, Water/Sewer, Yard Maintenance
  • Association Fee: 411

Schools

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

Green Features

  • Green Construction: Lead-free paint, Low VOC paints/finishes
  • Green Features: Yes

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2021
  • Taxes: 4317

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Bell Malcolm and Bell Ruth Marshall
Bought by
Bell Malcolm and Bell Ruth Marshall
Current Estimated Value
$746,540

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 13, 2021
Sold by
Gaare John D
Bought by
Bell Malcolm and Bell Ruth Marshall
Seller's Agent
Kristin Cummings Streed
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Kelly Ceppa
NEST REALTY GROUP
List Price
$639,900
Sold Price
$610,000
Premium/Discount to List
-$29,900
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$488,000
Interest Rate
2.25%

Purchase Details

Closed on
Oct 22, 2014
Bought by
Gaare John D
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
Bell Malcolm -- --
Bell Malcolm $610,000 --
Gaare John D $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Malcolm $488,000
Previous Owner Bell Malcolm $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $610,000 -4.7% $437 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $639,900 -- $459 / 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 $7,147 $726,100 $134,500 $591,600
2024 $7,147 $705,700 $134,500 $571,200
2023 $6,461 $669,800 $120,400 $549,400
2022 $5,849 $606,000 $92,000 $514,000
2021 $4,317 $451,100 $89,800 $361,300
2020 $4,075 $425,600 $74,800 $350,800
2019 $3,933 $410,700 $66,800 $343,900
2018 $1,903 $397,400 $66,800 $330,600
2017 $3,776 $394,200 $63,600 $330,600
2016 $3,424 $357,100 $26,500 $330,600
2015 $3,392 $357,100 $26,500 $330,600
2014 $3,392 $357,100 $26,500 $330,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 623758

Charlottesville area Association of Realtors®

APN: 580-358-101