2507 Commonwealth Dr Charlottesville, VA 22901
Estimated Value: $387,000 - $426,000
4
Beds
2
Baths
1,620
Sq Ft
$249/Sq Ft
Est. Value
Highlights
- Multiple Fireplaces
- Wood Flooring
- Private Yard
- Jackson P. Burley Middle School Rated A-
- Main Floor Primary Bedroom
- Mature Landscaping
About This Home
As of May 2024First time on the market since the home was built in 1962! Wonderful location and walkable to numerous shops and convenient to everything Charlottesville has to offer. All brick construction, original hardwood floors, wood burning fireplace and tiled baths. Furnace was replaced in 2019, Water heater in 2023. Private landscaped yard with spacious patio and shed for all gardening supplies and tools. Off street parking.
Last Agent to Sell the Property
NEST REALTY GROUP License #0225057113 Listed on: 04/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,771
Year Built
- Built in 1962
Lot Details
- 0.27 Acre Lot
- Mature Landscaping
- Native Plants
- Gentle Sloping Lot
- Private Yard
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 2-Story Property
- Multiple Fireplaces
- Brick Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
Kitchen
- Electric Range
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Bathroom on Main Level
- 2 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Windows
Outdoor Features
- Patio
- Storage Shed
- Porch
Schools
- Agnor-Hurt Elementary School
- Burley Middle School
- Albemarle High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Oil Tank Underground
Community Details
- Berkeley Subdivision
Listing and Financial Details
- Assessor Parcel Number 061M0-00-03-01700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2024
Closed on
Apr 29, 2024
Sold by
Davis Living Trust and Davis Catherine Marie
Bought by
Giacalone Gabriel Rader and Ownby Savannah Paige
Seller's Agent
ROBERT RUSSO
NEST REALTY GROUP
Buyer's Agent
Anne Hughes
REAL ESTATE III, INC.
List Price
$395,000
Sold Price
$410,000
Premium/Discount to List
$15,000
3.8%
Total Days on Market
6
Views
65
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
-$6,339
Avg. Annual Appreciation
-1.42%
Original Mortgage
$348,500
Outstanding Balance
$344,556
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$59,105
Similar Homes in Charlottesville, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Giacalone Gabriel Rader | $410,000 | Old Republic National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Giacalone Gabriel Rader | $348,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2024 05/07/24 | Sold | $410,000 | +3.8% | $253 / Sq Ft |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | For Sale | $395,000 | -- | $244 / 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 |
|---|---|---|---|---|
| 2025 | -- | $380,600 | $150,000 | $230,600 |
| 2024 | -- | $324,500 | $130,000 | $194,500 |
| 2023 | $2,680 | $313,800 | $127,000 | $186,800 |
| 2022 | $2,390 | $279,800 | $112,500 | $167,300 |
| 2021 | $2,156 | $252,500 | $105,000 | $147,500 |
| 2020 | $1,939 | $227,100 | $90,000 | $137,100 |
| 2019 | $1,825 | $213,700 | $90,000 | $123,700 |
| 2018 | $1,652 | $191,300 | $82,500 | $108,800 |
| 2017 | $1,698 | $202,400 | $82,500 | $119,900 |
| 2016 | $1,663 | $198,200 | $82,500 | $115,700 |
| 2015 | $1,594 | $194,600 | $82,500 | $112,100 |
| 2014 | -- | $174,500 | $82,500 | $92,000 |
Source: Public Records
Agents Affiliated with this Home
-
ROBERT RUSSO
Seller's Agent in 2024
ROBERT RUSSO
NEST REALTY GROUP
(434) 825-3253
79 Total Sales
-
Anne Hughes
A
Buyer's Agent in 2024
Anne Hughes
REAL ESTATE III, INC.
(434) 989-2041
55 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 651117
APN: 061M0-00-03-01700
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