NOT LISTED FOR SALE

2527 Hydraulic Rd Unit 50 Charlottesville, VA 22901

Estimated Value: $149,000 - $163,000

1 Bed
1 Bath
676 Sq Ft
$258/mo HOA Fee

Last Sold September 15, 2022

Last sale price $100,000 $148 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,189/month

8 Days on Market

Highlights

  • Wooded Lot
  • Main Floor Primary Bedroom
  • Laundry Room
  • Journey Middle School Rated A-
  • Living Room
  • 1-Story Property

About This Home

As of September 2022

Ground level 1-bedroom condo in Solomon Court. Updated kitchen with newer appliances. Large living room is open to dining area. Unit was recently professionally remediated for mold, cleaned, and is ready for new flooring in main living areas as well as drywall repair. Price is reflective of work needed. Sold as-is and will likely need to be a cash only sale.

Last Agent to Sell the Property

KEITH SCHULTZ

ASSIST2SELL - FIRST RATE REALTY, INC. License #0225174975 Listed on: 07/28/2022

Co-Listed By

ANTHONY MCGHEE

ASSIST2SELL - FIRST RATE REALTY, INC. License #0225038614

Last Buyer's Agent

Maggie Gunnels Fornecker

LONG & FOSTER - LAKE MONTICELLO License #0225265900

LONG & FOSTER - LAKE MONTICELLO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $768

Year Built

  • Built in 1969

Lot Details

  • Landscaped
  • Wooded Lot

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 676 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Greer Elementary School
  • Jouett Middle School
  • Albemarle High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include area maint, cable, dumpster, exterior maint, master ins. policy, prof. mgmt., snow removal
  • $100 HOA Transfer Fee
  • Solomon Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060A1-01-00-05000

Property Details

Home Type

Condominium

Est. Annual Taxes

$768

Year Built

Built in 1969

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 676
  • Design: Colonial
  • Electricity: Elec Underground
  • L V T Date: 07/28/2022
  • Parcel Number: 060A1-01-00-05000
  • Price Per Sq Ft: 147.93
  • Total Sq Ft: 676
  • Type of Construction: On Site Built
  • Zoning: PRD Planned Residential Development
  • Subdivision: SOLOMON COURT
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Master Bed1|Master BTH1|Kitchen1|Dining Roo1|
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Property Details

  • Lot Improvements: None

Interior Features

  • Basement Type: Slab
  • Room 1: Living Room,On Level: 1
  • Room 2: Master Bedroom,On Level: 1
  • Room 3: Master Bath,On Level: 1
  • Room 4: Kitchen,On Level: 1
  • Room 5: Dining Room,On Level: 1
  • Total Finished Sq Ft: 676
  • Above Grade Finished Sq Ft: 676
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Disposal, Gas Cooktop, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Painted Cabinets
  • Land Description: Landscaped, Wooded
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 1
  • Number Beds Main Level: 1
  • Full Bathrooms: 1
  • Room Types: Dining Room, Kitchen, Living Room, Master Bedroom
  • Room Types Level1: Dining Room (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Style
  • Structure Floors: Carpet, Concrete, Vinyl
  • Structure Window Ceiling: 8' Ceilings, Insulated Windows
  • View: Wooded View

Garage/Parking

  • Driveway Parking: Asphalt

Utilities

  • Heating: Forced Air, Natural Gas
  • Cable Available: Cable
  • Gas: NaturalGas
  • Security: Deadbolts
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Laundry Room
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 100
  • Association Fee: HOA
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Cable, Dumpster, Exterior Maint, Master Ins. Policy, Prof. Mgmt., Snow Removal
  • Association Fee: 258

Schools

  • Elementary School: Greer
  • Middle School: Jouett
  • High School: Albemarle

Lot Info

  • Lot Features: Private Road, Sidewalks

Building Info

  • Year Built: 1969

Tax Info

  • Year: 2022
  • Taxes: 767.75

MLS Schools

  • HighSchool: Albemarle
  • Middle School: Jouett
  • Elementary School: Greer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 11, 2022
Sold by
Svedberg Erik B
Bought by
Ludwig David B and Ludwig Viannette V
Seller's Agent
KEITH SCHULTZ
ASSIST2SELL - FIRST RATE REALTY, INC.
Buyer's Agent
Maggie Gunnels Fornecker
LONG & FOSTER - LAKE MONTICELLO
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
Views
31
Current Estimated Value
$154,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,309
Avg. Annual Appreciation
15.28%
Original Mortgage
$100,000
Outstanding Balance
$74,286
Interest Rate
4.99%
Mortgage Type
Construction
Estimated Equity
$80,023
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
Ludwig David B $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig David B $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $100,000 +0.1% $148 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $99,900 -- $148 / 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 $1,321 $147,800 $52,000 $95,800
2024 $1,181 $138,300 $45,000 $93,300
2023 $937 $109,700 $33,500 $76,200
2022 $768 $89,900 $21,000 $68,900
2021 $866 $101,400 $23,500 $77,900
2020 $793 $92,800 $23,500 $69,300
2019 $601 $70,400 $18,000 $52,400
2018 $479 $57,100 $16,000 $41,100
2017 $479 $57,100 $16,000 $41,100
2016 $451 $53,800 $16,000 $37,800
2015 $421 $51,400 $16,000 $35,400
2014 -- $51,400 $16,000 $35,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    KEITH SCHULTZ

    ASSIST2SELL - FIRST RATE REALTY, INC.

    Section Image
  • ANTHONY MCGHEE

    Seller Co-Listing Agent in 2022

    ANTHONY MCGHEE

    ASSIST2SELL - FIRST RATE REALTY, INC.

    (434) 996-8788

    75 Total Sales

    ANTHONY MCGHEE
    Section Image
  • Maggie Gunnels Fornecker

    Buyer's Agent in 2022

    Maggie Gunnels Fornecker

    LONG & FOSTER - LAKE MONTICELLO

    (434) 361-4987

    324 Total Sales

    Maggie Gunnels Fornecker
    Section Image

  • T

    Buyer's Agent in 2022

    THE GUNNELS GROUP

    LONG & FOSTER - LAKE MONTICELLO

See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 633144

Charlottesville area Association of Realtors®

APN: 060A1-01-00-05000

Virginia Albemarle County Charlottesville 22901

2527 Hydraulic Rd Unit 50, Charlottesville, VA

This home is located at 2527 Hydraulic Rd Unit 50, Charlottesville, VA 22901 since 28 July 2022 and is currently estimated at $154,309, approximately $228 per square foot. This property was built in 1969. 2527 Hydraulic Rd Unit 50 is a home located in Albemarle County with nearby schools including Mary Carr Greer Elementary School, Journey Middle School, and 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.
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