NOT LISTED FOR SALE

218 W Water St Unit 603 Charlottesville, VA 22902

North Downtown Neighborhood

Estimated Value: $249,000 - $425,000

1 Bed
1 Bath
217 Sq Ft
2013 Built

Last Sold October 18, 2019

Last sale price $215,000 $991 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,968/month

1 Day on Market

Highlights

  • Ridge View
  • Wood Flooring
  • Granite Countertops
  • Charlottesville High School Rated A-
  • Main Floor Primary Bedroom
  • Home Security System

About This Home

As of October 2019

This 6th floor modern studio with phenomenal east & south-facing views of Downtown Charlottesville and the Blue Ridge Mountains is your chance to own a piece of The Residences at 218. The chic bathroom boasts a full glass shower and modern features. With a Murphy bed, you have plenty of space for a cozy living area, but you will surely want to spend most of your time on the incredible outdoor terrace. Every inch of this apartment has been meticulously designed to be as efficient and useful as possible. Just one block from the Historic Downtown Mall, you are just steps from an abundance of restaurants, shops, and entertainment. Take advantage of this once in a lifetime opportunity in this unbelievable location in Downtown Charlottesville.

Last Agent to Sell the Property

John Neal

GREAT EASTERN MANAGEMENT CO License #0225202452 Listed on: 08/26/2019

Last Buyer's Agent

Jeff Gaffney

REAL ESTATE III, INC. License #0225020330

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,481

Year Built

  • 2013

Property Views

  • Ridge
  • Mountain

Home Design

  • Poured Concrete
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Casement Windows
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary bathroom on main floor

Parking

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

Eco-Friendly Details

  • Green Features

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 280084K10

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior maint, prof. mgmt., security system, trash pickup

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,481

Year Built

2013

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 331
  • Above Grade Unfinished Sq Ft: 114
  • Accessibility Features: Stepless Entry
  • Design: Contemporary
  • L V T Date: 08/26/2019
  • Nameof Property: The RESIDENCES at 218
  • Parcel Number: 280084K10
  • Price Per Sq Ft: 990.78
  • Property Included: Refrigerator, Range & Microwave
  • Total Sq Ft: 331
  • Total Unfinished Sq Ft: 114
  • Type of Construction: On Site Built
  • Zoning: D Downtown Corridor Mixed Use
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2013

Interior Features

  • Total Finished Sq Ft: 217
  • Above Grade Finished Sq Ft: 217
  • Bathroom: Ceramic Tile
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Electric Range, Microwave, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Granite, Wood Cabinets
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 1
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Glass, Stucco
  • Structure Deck Porch: Porch
  • Structure Floors: Ceramic Tile, Wood
  • Structure Security: Buzz-In Door, Security System, Smoke Detector(s)
  • Structure Window Ceiling: 9' Ceilings, Casement Windows
  • View: Blue Ridge View, Mountain View, Urban View

Garage/Parking

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

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Central Heat, Electric, Heat Pump
  • Cable Available: Cable, Dsl, Fiber-Optic
  • Security: Deadbolts
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: Coa
  • Association Includes: Exterior Maint, Prof. Mgmt., Security System, Trash Pickup

Schools

  • Elementary School: Burnley-Moran
  • Middle School: Walker & Buford
  • High School: Charlottesville
  • Other School: Village School, STAB, Covenant, CDS

Green Features

  • Green Cooling: Ductless Mini Split
  • Green Features: Yes
  • Green Heating: Ductless Mini Split

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 4, 2019
Sold by
Residences At 218
Bought by
Young Sara P
Seller's Agent
John Neal
GREAT EASTERN MANAGEMENT CO
Buyer's Agent
Jeff Gaffney
REAL ESTATE III, INC.
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$321,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,504
Avg. Annual Appreciation
7.06%
Original Mortgage
$172,000
Outstanding Balance
$152,752
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$167,028
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
Young Sara P $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Sara P $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $215,000 0.0% $991 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $215,000 -- $991 / 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 $2,481 $249,900 $37,400 $212,500
2024 $2,481 $242,000 $37,400 $204,600
2023 $2,266 $232,400 $37,400 $195,000
2022 $2,130 $218,300 $37,400 $180,900
2021 $2,061 $213,400 $32,500 $180,900
2020 $2,063 $213,400 $32,500 $180,900
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Neal

    Seller's Agent in 2019

    John Neal

    GREAT EASTERN MANAGEMENT CO

    (434) 906-3141

    9 in this area

    9 Total Sales

    Section Image
  • Jeff Gaffney

    Buyer's Agent in 2019

    Jeff Gaffney

    REAL ESTATE III, INC.

    (434) 981-1882

    81 Total Sales

    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 594792

Charlottesville area Association of Realtors®

APN: 280084K10

Virginia Charlottesville County Charlottesville 22902 North Downtown

218 W Water St Unit 603, Charlottesville, VA

This home is located at 218 W Water St Unit 603, Charlottesville, VA 22902 since 26 August 2019 and is currently estimated at $324,052, approximately $1,493 per square foot. This property was built in 2013. 218 W Water St Unit 603 is a home located in Charlottesville City with nearby schools including Burnley-Moran Elementary School, Buford Middle School, and Charlottesville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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