NOT LISTED FOR SALE

225 Douglas Ave Unit A, B, C, D, E Charlottesville, VA 22902

Belmont Neighborhood
6 Beds
5 Baths
5,778 Sq Ft
9,583 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $1,183,200 $205 Per Sq Ft

15 Days on Market

Highlights

  • Front Porch
  • Central Air
  • High-Rise Condominium
  • Charlottesville High School Rated A-
  • Baseboard Heating

About This Home

As of October 2022

Rare opportunity in the heart of Belmont and zoned NCC (Neighborhood Commercial Corridor) to reimagine the possibilities for this incredible parcel. There are 5 rented units in this property. Currently there is a 1920 brick Folk Victorian with double wrap around porches that is divided into 2 apartments (units A + B), each consisting of 2 bedrooms and 1 bathroom. This property has been updated over the years at various times, including addition to the rear to include modern kitchens and bathrooms, updated heat pumps, windows, and roof. To the rear of the home is a 3 story concrete block and frame building measuring 67 x 32 which houses 3 additional rental units. The ground floor is 2100 sf of warehouse or garage space (unit C) with a full bathroom. On the 2nd floor is a 2 bedroom, 1 bathroom apartment with 1072 square feet (unit D), and the final apartment (unit E) is 1072 square feet on the 2nd floor and another 1206 on the 3rd floor. This unit features 2 full bathrooms. Plenty of parking is available on the street, along the side and rear of the main house and behind the rear building.

Last Agent to Sell the Property

Tara Savage

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225044570 Listed on: 08/17/2022

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Co-Listed By

SAVAGE & COMPANY

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225044570

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,220

Year Built

  • Built in 1920

Lot Details

  • 9,583

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 5,778 Sq Ft Home
  • Vinyl Clad Windows
  • Electric Range

Schools

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

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating

Additional Features

  • Front Porch
  • 9,583 Sq Ft Lot

Community Details

  • 5 Units
  • High-Rise Condominium
  • Belmont Subdivision

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • The owner pays for sewer, taxes, water
  • Assessor Parcel Number 580348200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,220

Year Built

Built in 1920

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Parcel Number: 580348200
  • Property Sub Type: Apartment
  • LotSizeAcres: 0.22
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 340
  • Co List Office Phone: 434-220-2200
  • Subdivision Name: BELMONT
  • Structure Type: High Rise
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator, Dryer, Washer
  • Living Area: 5778.0
  • Window Features: Vinyl

Exterior Features

  • Roof: Architectural
  • Construction Type: Brick, Block, T1-11 Siding, Vinyl Siding
  • Foundation Details: Block, Poured
  • Patio And Porch Features: Front Porch, Porch, Side Porch

Utilities

  • Heating: Baseboard, Heat Pump
  • Utilities: Cable Available, Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: Central Air, Window Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Summit
  • Middle Or Junior School: Walker & Buford

Lot Info

  • Zoning Description: NCC Neighborhood Commercial Corridor Mixed Use

Rental Info

  • Owner Pays: Sewer, Taxes, Water
  • Tenant Pays: Electricity, Trash Collection
  • LeaseAmount: 4400.0

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6220.0

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • HighSchool: Charlottesville
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $1,183,200 +0.7% $205 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $1,175,000 -- $203 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $12,293 $1,233,800 $790,700 $443,100
2024 $12,293 $1,175,400 $675,600 $499,800
2023 $11,636 $1,191,100 $646,800 $544,300
2022 $6,422 $648,000 $132,800 $515,200
2021 $5,542 $562,100 $132,800 $429,300
2020 $5,542 $562,100 $132,800 $429,300
2019 $5,542 $562,100 $132,800 $429,300
2018 $2,731 $553,800 $144,900 $408,900
2017 $5,283 $534,900 $126,000 $408,900
2016 $5,127 $518,500 $114,500 $404,000
2015 $4,686 $518,500 $114,500 $404,000
2014 $4,686 $518,500 $114,500 $404,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 633826

Charlottesville area Association of Realtors®
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