NOT LISTED FOR SALE

2505 Cedar Ridge Ln Charlottesville, VA 22901

Estimated Value: $702,000 - $1,009,190

5 Beds
4 Baths
4,014 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 2505 Cedar Ridge Ln, Charlottesville, VA 22901 and is currently estimated at $864,798, approximately $215 per square foot. 2505 Cedar Ridge Ln is a home located in Albemarle County with nearby schools including Ivy Elementary School, Joseph T. Henley Middle School, and Western Albemarle High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Knutsen Steinar M and Knutsen Elizabeth B
Bought by
Vander Westuizen Nicolaas J and Van Der Westuizen Judith G
Current Estimated Value
$864,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$297,843
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$566,955

Purchase Details

Closed on
Mar 6, 2014
Sold by
M
Bought by
Knutsen Steiner M and Knutsen Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,800
Interest Rate
4.25%
Mortgage Type
New Conventional
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Vander Westuizen Nicolaas J $483,000 Stewart Title
Knutsen Steiner M $478,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vander Westuizen Nicolaas J $375,000
Previous Owner Knutsen Steiner M $381,800
Source: Public Records

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 $7,317 $818,400 $290,700 $527,700
2024 $6,469 $757,500 $290,700 $466,800
2023 $5,991 $701,500 $263,700 $437,800
2022 $5,537 $648,400 $254,200 $394,200
2021 $4,875 $570,900 $229,800 $341,100
2020 $4,813 $563,600 $190,000 $373,600
2019 $4,700 $550,300 $190,000 $360,300
2018 $4,312 $517,400 $190,000 $327,400
2017 $4,283 $510,500 $175,000 $335,500
2016 $3,983 $474,700 $175,000 $299,700
2015 $1,920 $468,900 $175,000 $293,900
2014 -- $465,300 $175,000 $290,300
Source: Public Records

Map

Virginia Albemarle County Charlottesville 22901

2505 Cedar Ridge Ln, Charlottesville, VA

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