NOT LISTED FOR SALE

2507 Commonwealth Dr Charlottesville, VA 22901

Estimated Value: $360,000 - $410,423

4 Beds
2 Baths
1,620 Sq Ft
$233/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $410,000 $253 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,340/month

6 Days on Market

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 2024

First 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

ROBERT RUSSO

NEST REALTY GROUP License #0225057113 Listed on: 04/02/2024

NEST REALTY GROUP

Last Buyer's Agent

Anne Hughes

REAL ESTATE III, INC. License #0225082762

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
  • High Speed Internet
  • Cable TV Available

Community Details

  • Berkeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061M0-00-03-01700

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,771

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 900
  • Below Grade Total Sq Ft: 900
  • Design: Split Level
  • Electricity: Elec Above ground
  • L V T Date: 04/04/2024
  • Parcel Number: 061M0-00-03-01700
  • Price Per Sq Ft: 253.09
  • Total Sq Ft: 1800
  • Total Unfinished Sq Ft: 180
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: BERKELEY
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Kitchen1|Family Roo1|Bedroom1|Full Bath1|Laundry1|Bedroom2|Bedroom2|Bedroom2|Full Bath2|Living Roo2|
  • Structures Deck Porch: Patio, Porch
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 180
  • Fireplace: Brick, One
  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Finished, Full, Inside Access, Outside Entrance, Slab, Windows
  • Room 1: Foyer,On Level: 1
  • Room 2: Kitchen,On Level: 1
  • Room 3: Family Room,On Level: 1
  • Room 4: Bedroom,On Level: 1
  • Room 5: Full Bath,On Level: 1
  • Room 6: Laundry,On Level: 1
  • Room 7: Bedroom,On Level: 2
  • Room 8: Bedroom,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Full Bath,On Level: 2
  • Room 11: Living Room,On Level: 2
  • Total Finished Sq Ft: 1620
  • Above Grade Finished Sq Ft: 900
  • Basement: Yes
  • Below Grade Finished Sq Ft: 720
  • Fireplace Location: Living Room
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Refrigerator, Wall Oven
  • Kitchen Cabinets Counters: Formica Counter, Wood Cabinets
  • Land Description: Gently Rolling, Landscaped, Private
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number Beds: 4
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Room Types: Bedroom, Family Room, Foyer, Full Bath, Kitchen, Laundry, Living Room
  • Room Types Level1: Bedroom (L1), Family Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Living Room (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Number Of Acres: 0.27
  • Roof: Architectural Style
  • Structure Floors: Hardwood, Laminate
  • Structure Window Ceiling: 8' Ceilings
  • View: Residential View
  • Yard: Mature, Native Species, Private

Garage/Parking

  • Driveway Parking: Asphalt, Off Street

Utilities

  • Cooling: Central AC
  • Heating: Forced Air, Oil
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Agnor-Hurt
  • Middle School: Burley
  • High School: Albemarle

Lot Info

  • Lot Features: Oil Tank Below Ground, Storage Shed

Building Info

  • Year Built: 1962

Tax Info

  • Year: 2024
  • Taxes: 2771

MLS Schools

  • HighSchool: Albemarle
  • Middle School: Burley
  • Elementary School: Agnor-Hurt

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%
Views
65
Current Estimated Value
$377,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,644
Avg. Annual Appreciation
-1.20%
Original Mortgage
$348,500
Outstanding Balance
$344,556
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$59,105
Source: Public Records

Range of Values:

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Average Value
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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
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

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 $3,403 $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

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 651117

Charlottesville area Association of Realtors®

APN: 061M0-00-03-01700