NOT LISTED FOR SALE

218 W Water St Unit 606 Charlottesville, VA 22902

North Downtown Neighborhood

Estimated Value: $1,915,000 - $2,168,000

2 Beds
3.5 Baths
3,423 Sq Ft
$389/mo HOA Fee

Last Sold July 22, 2020

Last sale price $1,882,500 $550 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,848/month

16 Days on Market

Highlights

  • 24-Hour Security
  • Two Primary Bedrooms
  • Sitting Area In Primary Bedroom
  • Charlottesville High School Rated A-
  • Panoramic View
  • Great Room with Fireplace

About This Home

As of July 2020

This remarkable residence will soon be an absolute dream home. The sun-filled rooms are perfectly designed for entertaining. The massive living area, gas fireplace and open kitchen featuring a large island, makes the space ideal for food prep and for serving guests alike. The wet bar with exquisite tile work completes the entertaining package. The master bedroom is enormous with a substantial sitting area. The luxurious master suite has that definite WOW factor with his-and-hers spa quality bathrooms and huge walk-in closets. The second bedroom suite also features a light-filled home office and unique built-in planter. Enjoy your evenings relaxing while overlooking the beautiful Blue Ridge Mountains and Downtown Charlottesville.

Last Agent to Sell the Property

John Neal

GREAT EASTERN MANAGEMENT CO License #0225202452 Listed on: 05/31/2020

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,185

Year Built

  • 2013

HOA Fees

  • $389 Monthly HOA Fees

Property Views

  • Panoramic
  • Ridge
  • Mountain

Home Design

  • Poured Concrete
  • HardiePlank Siding
  • Stucco Exterior

Interior Spaces

  • 3,423 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Casement Windows
  • Great Room with Fireplace
  • Ceramic Tile Flooring

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 280084M00

Community Details

Overview

  • Association fees include master ins. policy, prof. mgmt., reserve fund, security system, trash pickup

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,185

Year Built

2013

Lot Details

0

HOA Fees

$389 per month

Listing Details

  • Class: Residential
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 3423
  • Design: Contemporary
  • Electricity: Elec Above Ground
  • L V T Date: 05/31/2020
  • Nameof Property: The RESIDENCES at 218
  • Parcel Number: 280084M00
  • Price Per Sq Ft: 549.96
  • Property Included: Refrigerator, Range, Dishwasher, Microwave, Warming Drawer, Washer & Dryer.
  • Total Sq Ft: 3423
  • 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

  • Fireplace: Gas
  • Laundry: Dryer, Large Sink, Washer
  • Total Finished Sq Ft: 3423
  • Above Grade Finished Sq Ft: 3423
  • Fireplace Location: Great Room
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Dishwasher, Disposal, Double Oven, Gas Range, Island, Microwave, Recessed Light, Refrigerator, Wall Oven, Gas Cooktop
  • Kitchen Cabinets Counters: Solid Surface Counter, Wood Cabinets
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Number Beds: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Glass, Stucco, Hardie Plank
  • Structure Features: Dual Vanities, Mbr Sitting Area, Two Master Bedrooms, Walk-In Closet
  • Structure Floors: Ceramic Tile
  • Structure Security: 24-Hr Security, Buzz-In Door, Carbon Monoxide Detector, Smoke Detector(s)
  • Structure Window Ceiling: 10' Ceilings, 9' Ceilings, Casement Windows, Insulated Windows
  • View: Blue Ridge View, Mountain View, Panoramic View, Urban View

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: Coa
  • Association Frequency: Monthly
  • Association Includes: Master Ins. Policy, Prof. Mgmt., Reserve Fund, Security System, Trash Pickup
  • Association Fee: 389

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Jul 22, 2020
Sold by
Residences At 218 Llc
Bought by
Sequel Investors Limited Partnership
Seller's Agent
John Neal
GREAT EASTERN MANAGEMENT CO
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$1,882,500
Sold Price
$1,882,500
Current Estimated Value
$2,048,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,829
Avg. Annual Appreciation
1.64%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sequel Investors Limited Partnership $1,882,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $1,882,500 0.0% $550 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $1,882,500 -- $550 / 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 $19,185 $1,954,400 $256,800 $1,697,600
2024 $19,185 $1,887,300 $256,800 $1,630,500
2023 $18,251 $1,897,500 $256,800 $1,640,700
2022 $17,408 $1,809,800 $256,800 $1,553,000
2021 $16,901 $1,775,500 $222,500 $1,553,000
2020 $13,425 $1,409,400 $239,100 $1,170,300
2019 $12,016 $1,261,000 $239,100 $1,021,900
2018 $6,008 $1,261,000 $239,100 $1,021,900
2017 $11,865 $1,245,100 $239,100 $1,006,000
2016 $11,556 $1,212,500 $239,100 $973,400
2015 -- $1,261,800 $239,100 $1,022,700
2014 -- $386,700 $53,700 $333,000
Source: Public Records

Agents Affiliated with this Home

  • John Neal

    Seller's Agent in 2020

    John Neal

    GREAT EASTERN MANAGEMENT CO

    (434) 906-3141

    9 in this area

    9 Total Sales

    John Neal
    Section Image

  • U

    Buyer's Agent in 2020

    Unrepresented Buyer

    UnrepresentedBuyer

    (434) 260-1045

    3 in this area

    1,157 Total Sales

    Unrepresented Buyer
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 604316

Charlottesville area Association of Realtors®

APN: 280-084-M00

Virginia Charlottesville County Charlottesville 22902 North Downtown

218 W Water St Unit 606, Charlottesville, VA

This home is located at 218 W Water St Unit 606, Charlottesville, VA 22902 since 31 May 2020 and is currently estimated at $2,048,329, approximately $598 per square foot. This property was built in 2013. 218 W Water St Unit 606 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.

Nearby Homes