2418 Commonwealth Dr Charlottesville, VA 22901
Estimated Value: $477,000 - $497,000
3
Beds
2
Baths
3,122
Sq Ft
$156/Sq Ft
Est. Value
Highlights
- Sitting Area In Primary Bedroom
- Wood Burning Stove
- Wood Flooring
- Jackson P. Burley Middle School Rated A-
- Family Room with Fireplace
- Sun or Florida Room
About This Home
As of May 2024Open House Sun 1-3pm First time on market. All brick delightful home offers 3 bedrooms, 2 bath, office, craft, workout, sunroom and workshop on a large corner lot in sought-out Berkeley neighorhood. Hardwood floors thru-out the main level.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,457
Year Built
- Built in 1971
Lot Details
- 0.45 Acre Lot
- Landscaped
- Open Lot
- Property is zoned R-1 Residential
Home Design
- Split Level Home
- Brick Exterior Construction
- Slab Foundation
- Poured Concrete
Interior Spaces
- Wood Burning Stove
- Wood Burning Fireplace
- Brick Fireplace
- Double Hung Windows
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Library
- Sun or Florida Room
- Utility Room
- Home Gym
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Linoleum
- Ceramic Tile
Bedrooms and Bathrooms
- Sitting Area In Primary Bedroom
- 3 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Laundry Room
- Washer and Dryer Hookup
Basement
- Heated Basement
- Walk-Out Basement
- Basement Windows
Schools
- Woodbrook Elementary School
- Journey Middle School
- Albemarle High School
Utilities
- Central Air
- Wood Insert Heater
- Baseboard Heating
Additional Features
- Green Features
- Covered patio or porch
Community Details
- Berkeley Subdivision
Listing and Financial Details
- Assessor Parcel Number 3-1-10
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2024
Closed on
May 23, 2024
Sold by
Campbell Gladys W
Bought by
Nepal Padam L
Seller's Agent
NORMA KRAMER
LAKE REALTY, INC.
Buyer's Agent
NIRMAL BHANDARI
LONG & FOSTER - CHARLOTTESVILLE
List Price
$479,000
Sold Price
$479,000
Total Days on Market
4
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,539
Avg. Annual Appreciation
1.44%
Original Mortgage
$99,000
Outstanding Balance
$95,650
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$389,889
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Similar Homes in Charlottesville, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nepal Padam L | $479,000 | Sage Title Group |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nepal Padam L | $99,000 | |
| Previous Owner | Campbell Francis L | $50,000 | |
| Previous Owner | Campbell Francis L | $50,000 | |
| Previous Owner | Campbell Francis L | $259,462 | |
| Previous Owner | Campbell Francis L | $43,992 | |
| Previous Owner | Campbell Francis L | $244,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2024 05/29/24 | Sold | $479,000 | 0.0% | $153 / Sq Ft |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- |
| 04/05/2024 04/05/24 | For Sale | $479,000 | -- | $153 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,583 | $419,600 | $130,000 | $289,600 |
| 2023 | $3,457 | $404,800 | $127,000 | $277,800 |
| 2022 | $3,079 | $360,500 | $112,500 | $248,000 |
| 2021 | $2,764 | $323,700 | $105,000 | $218,700 |
| 2020 | $2,414 | $282,700 | $90,000 | $192,700 |
| 2019 | $2,239 | $262,200 | $90,000 | $172,200 |
| 2018 | $2,005 | $233,500 | $82,500 | $151,000 |
| 2017 | $2,051 | $244,400 | $82,500 | $161,900 |
| 2016 | $2,100 | $250,300 | $82,500 | $167,800 |
| 2015 | $1,007 | $245,900 | $82,500 | $163,400 |
| 2014 | -- | $216,700 | $82,500 | $134,200 |
Source: Public Records
Agents Affiliated with this Home
-
NORMA KRAMER
N
Seller's Agent in 2024
NORMA KRAMER
LAKE REALTY, INC.
(434) 760-3955
4 Total Sales
-
NIRMAL BHANDARI
Buyer's Agent in 2024
NIRMAL BHANDARI
LONG & FOSTER - CHARLOTTESVILLE
(434) 466-0235
9 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 651378
APN: 061M0-00-01-01000
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