NOT LISTED FOR SALE

2525 Lake Albemarle Rd Charlottesville, VA 22901

Estimated Value: $746,000 - $936,171

4 Beds
3 Baths
3,516 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $582,500 $166 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,069/month

18 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Multiple Fireplaces
  • Meriwether Lewis Elementary School Rated A-
  • Farm
  • Recreation Room

About This Home

As of April 2020

Sitting on 5 park-like acres, this ENERGY EFFICIENT, PEARL CERTIFIED 4 BEDROOM 3 BATH COLONIAL boasts an OPEN CONCEPT 1st floor, beautiful HARDWOODS, a gorgeous SITTING/SUN ROOM with DOUBLE GAS FIREPLACE, NEWLY INSTALLED SOLAR PANELS, nest thermostat, and MORE! Cook meals in the spacious EAT-IN KITCHEN with STAINLESS STEEL APPLIANCES, roast marshmallows in the BACKYARD FIRE PIT, and entertain on the BACK DECK. 1st FLOOR MASTER SUITE offers NATURE VIEWS, a WALK-IN CLOSET, and light-filled bath with DUAL VANITIES. The NEWLY FINISHED WALK OUT BASEMENT with a NEW WOODSTOVE and BUILT-INS provides a versatile OPEN CONCEPT space. Located just 10 miles to Charlottesville and within walking distance to Knight's Gambit Vineyard and Albemarle Lake!

Last Agent to Sell the Property

Sasha Tripp

STORY HOUSE REAL ESTATE License #0225180969 Listed on: 03/09/2020

Last Buyer's Agent

Robert Headrick

NEST REALTY GROUP License #0225068474

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,365

Year Built

  • 2006

Lot Details

  • 5.01 Acre Lot
  • Poultry Coop
  • Property is Fully Fenced
  • Landscaped
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned Ra Rural Area

Property Views

  • Mountain
  • Garden

Home Design

  • Poured Concrete
  • Composition Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Dining Room with Fireplace
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Primary bathroom on main floor
  • Double Vanity

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Utilities

  • Heat Pump System
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Green Features
  • Storage Shed
  • Farm

Listing and Financial Details

  • Assessor Parcel Number 041000000065A2

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,365

Year Built

2006

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1808
  • Animal: Chickens, Domestic Pets
  • Below Grade Total Sq Ft: 1808
  • Design: Colonial
  • L V T Date: 03/09/2020
  • Parcel Number: 041000000065A2
  • Price Per Sq Ft: 165.67
  • Property Included: All kitchen appliances, wood stove, light fixtures, washer and dryer, playground
  • Total Sq Ft: 4151
  • Total Unfinished Sq Ft: 635
  • Type of Construction: On Site Built
  • Zoning: Ra Rural Area
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Unfinished Below Grade Sq Ft: 100
  • Fireplace: Gas, Two, Wood Stove, Wood Burning
  • Laundry: Dryer, Washer
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Walk Out, Windows
  • Room 1: Foyer, On Level: 1
  • Room 2: Sun Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Mud Room, On Level: 1
  • Room 5: Dining Room, On Level: 1
  • Room 6: Master Bedroom, On Level: 1
  • Room 7: Master Bath, On Level: 1
  • Room 8: Bedroom, On Level: 1
  • Room 9: Full Bath, On Level: 1
  • Room 10: Bedroom, On Level: 1
  • Room 11: Bedroom, On Level: Basement
  • Room 12: Full Bath, On Level: Basement
  • Room 13: Bonus Room, On Level: Basement
  • Room 14: Rec Room, On Level: Basement
  • Total Finished Sq Ft: 3516
  • Above Grade Finished Sq Ft: 1808
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1708
  • Fireplace Location: Basement, Dining Room, Sun Room
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Dishwasher, Disposal, Eat-In, Electric Range, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Oak Cabinets, Solid Surface Counter, Wood Cabinets
  • Land Description: Farm, Garden Spot, Landscaped, Nearly Level, Partly Cleared, Partly Wooded
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Number Beds: 4
  • Number Beds Below Grade: 1
  • Number Beds Main Level: 3
  • Full Bathrooms: 3
  • Room Types: Bedroom, Bonus Room, Dining Room, Foyer, Full Bath, Kitchen, Master Bedroom, Mud Room, Rec Room, Sun Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Master Bedroom (L1), Mud Room (L1), Sun Room (L1)
  • Room Types Level B: Bedroom (LB), Bonus Room (LB), Full Bath (LB), Rec Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Totally Fenced
  • Exterior: Fiber Cement
  • Farm Features: Chicken Coop
  • Number Of Acres: 5.01
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck
  • Structure Features: Dual Vanities, Renovated, Walk-Up Attic
  • Structure Floors: Carpet, Ceramic Tile, Concrete, Hardwood
  • Structure Window Ceiling: 9' Ceilings, Screens
  • View: Garden View, Mountain View, Pastoral View, Wooded View

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 535
  • Garage Features: Attached, Auto Door, Electricity, Faces Side, Large Vehicle, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 535

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump, Solar
  • Cable Available: Dsl
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Meriwether Lewis
  • Middle School: Henley
  • High School: Western Albemarle

Green Features

  • Green Features: Yes
  • Green Heating: Engystar/Acca Rsi Install, Energy Star Equipment

Lot Info

  • Lot Features: Garden Space, Public Road, Storage Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Apr 13, 2020
Sold by
Cotz Christian and Cotz Amy
Bought by
Ricci Molly Mckay
Seller's Agent
Sasha Tripp
STORY HOUSE REAL ESTATE
Buyer's Agent
Robert Headrick
NEST REALTY GROUP
List Price
$600,000
Sold Price
$582,500
Premium/Discount to List
-$17,500
-2.92%
Current Estimated Value
$833,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,543
Avg. Annual Appreciation
7.87%
Original Mortgage
$260,000
Outstanding Balance
$233,130
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$637,645

Purchase Details

Closed on
Oct 29, 2015
Sold by
Fannie Mae
Bought by
Christian Cotz and Amy Cotz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2014
Sold by
Alg Trustee Llc
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Ricci Molly Mckay $582,500 Old Republic Natl Ttl Ins Co
Christian Cotz $416,500 Title Agency
Federal National Mortgage Association $417,316 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricci Molly Mckay $260,000
Previous Owner Cotz Christian $32,000
Previous Owner Cotz Christian $280,000
Previous Owner Christian Cotz $249,900
Previous Owner Johnson Melissa L $417,000
Previous Owner Johnson Melissa L $417,000
Previous Owner Johnson Melissa L $52,900
Previous Owner Mawyer Homes Llc $334,300
Previous Owner Johnson Melissa L $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $582,500 -2.9% $166 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $600,000 -- $171 / 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 $6,365 $712,000 $203,200 $508,800
2024 $5,912 $692,300 $201,000 $491,300
2023 $5,726 $670,500 $188,700 $481,800
2022 $5,609 $656,800 $174,100 $482,700
2021 $5,134 $601,200 $159,600 $441,600
2020 $4,124 $482,900 $138,000 $344,900
2019 $4,073 $476,900 $145,100 $331,800
2018 $3,742 $457,500 $138,000 $319,500
2017 $3,645 $434,400 $119,800 $314,600
2016 $3,645 $434,400 $159,600 $274,800
2015 $3,515 $429,200 $159,600 $269,600
2014 -- $429,000 $159,600 $269,400
Source: Public Records

Agents Affiliated with this Home

  • Sasha Tripp

    Seller's Agent in 2020

    Sasha Tripp

    STORY HOUSE REAL ESTATE

    (434) 260-1435

    438 Total Sales

    Sasha Tripp
    Section Image
  • Robert Headrick

    Buyer's Agent in 2020

    Robert Headrick

    NEST REALTY GROUP

    (434) 242-8501

    140 Total Sales

    Robert Headrick
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 601164

Charlottesville area Association of Realtors®

APN: 04100-00-00-065A2

Virginia Albemarle County Charlottesville 22901

2525 Lake Albemarle Rd, Charlottesville, VA

This home is located at 2525 Lake Albemarle Rd, Charlottesville, VA 22901 since 09 March 2020 and is currently estimated at $833,043, approximately $236 per square foot. This property was built in 2006. 2525 Lake Albemarle Rd is a home located in Albemarle County with nearby schools including Meriwether Lewis Elementary School, Joseph T. Henley Middle School, and Western Albemarle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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