NOT LISTED FOR SALE

2540 Cedar Ridge Ln Charlottesville, VA 22901

Estimated Value: $635,000 - $795,000

4 Beds
2.5 Baths
2,104 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $494,000 $235 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,377/month

2 Days on Market

Highlights

  • Private Lot
  • Multiple Fireplaces
  • Granite Countertops
  • Ivy Elementary School Rated A-
  • Wood Flooring
  • Mud Room

About This Home

As of April 2020

Located in desirable Western Albemarle School District on large, flat lot with circular driveway. Wooded rear yard backs to large farm. Spacious deck overlooks private, grassy yard & cedars. No raking! Open floor plan with main level renovation in 2014. Large kitchen with beautiful quartz countertops, custom maple cabinetry and stainless steel appliances. Wide plank red oak flooring on main level. Enlarged Owners' Suite with radiant heated, tile flooring & double vanity. Hall bath has new tile floor and tub/shower surround. All bathrooms have stone countertops. Large mudroom with custom built-in cabinetry and granite countertops. Walk-up attic ideal for storage. Woodburning stove/chimney cleaned yearly. Oversized 2-car garage with storage.

Last Agent to Sell the Property

Paul Muhlberger

SILVERGATE REALTY License #0225097021 Listed on: 02/19/2020

Last Buyer's Agent

Dawn Cromer

NEST REALTY GROUP License #0225184518

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,220

Year Built

  • 1979

Lot Details

  • 2.1 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Open Lot
  • Garden
  • Property is zoned R-1 Residential

Home Design

  • Split Level Home
  • Slab Foundation

Interior Spaces

  • 2,104 Sq Ft Home
  • Recessed Lighting
  • Multiple Fireplaces
  • Insulated Windows
  • Double Hung Windows
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • 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

Outdoor Features

  • Storage Shed

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 058C0-01-00-04100

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,220

Year Built

1979

Lot Details

0

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2104
  • L V T Date: 02/19/2020
  • Parcel Number: 058C0-01-00-04100
  • Price Per Sq Ft: 234.79
  • Property Included: Washer, Dryer and Refrigerator.
  • Total Sq Ft: 2968
  • Total Unfinished Sq Ft: 864
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Fireplace: One
  • Laundry: Dryer, Dryer Hookup, Washer Hookup, Washer
  • Basement Type: Finished, Full, Heated, Inside Access, Outside Entrance, Slab, Walk Out, Windows
  • Room 1: Bedroom, On Level: Basement
  • Room 2: Family Room, On Level: Basement
  • Room 3: Utility Room, On Level: Basement
  • Room 4: Foyer, On Level: Basement
  • Room 5: Laundry, On Level: Basement
  • Room 6: Half Bath, On Level: Basement
  • Room 7: Living Room, On Level: 1
  • Room 8: Kitchen, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 2
  • Room 11: Master Bedroom, On Level: 2
  • Room 12: Master Bath, On Level: 2
  • Room 13: Full Bath, On Level: 2
  • Total Finished Sq Ft: 2104
  • Above Grade Finished Sq Ft: 2104
  • Basement: Yes
  • Fireplace Location: Basement
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Electric Range, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Granite, Wood Cabinets
  • Land Description: Garden Spot, Landscaped, Nearly Level, Open, Private
  • Level: Split Level
  • Bathrooms: 2.5
  • Below Grade Bathrooms: 0.5
  • Number Beds: 4
  • Number Beds Below Grade: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Family Room, Foyer, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Master Bedroom, Mud Room, Utility Room, Master Bathroom
  • Room Types Level1: Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Master Bedroom (L2+)
  • Room Types Level B: Bedroom (LB), Family Room (LB), Foyer (LB), Half Bath (LB), Laundry (LB), Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 2.1
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Patio, Porch - Front
  • Structure Features: Renovated
  • Structure Floors: Carpet, Ceramic Tile, Wood
  • Structure Security: Smoke Detector(s)
  • Structure Window Ceiling: 8' Ceilings, Double-Hung Windows, Insulated Windows, Screens
  • View: Residential View

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 864
  • Garage Features: Attached, Auto Door, Electricity, Faces Side, Large Vehicle, Windows
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 864

Utilities

  • Cooling: Central Ac
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Septic Tank
  • Water: Public Water

Lot Info

  • Lot Features: Cul-De-Sac, Garden Space, Public Road, Storage Shed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Mar 30, 2020
Sold by
Castle Bryan D and Castle Emily K
Bought by
Benatzky Carlos and Benatzky Brooke
Seller's Agent
Paul Muhlberger
SILVERGATE REALTY
Buyer's Agent
Dawn Cromer
NEST REALTY GROUP
List Price
$475,000
Sold Price
$494,000
Premium/Discount to List
$19,000
4%
Current Estimated Value
$737,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,222
Avg. Annual Appreciation
7.47%
Original Mortgage
$444,600
Outstanding Balance
$393,862
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$343,360

Purchase Details

Closed on
May 4, 2011
Sold by
Langdon Brenda Faye
Bought by
Castie Bryan D and Castie Emily K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,200
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Benatzky Carlos $494,000 None Available
Castie Bryan D $358,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benatzky Carlos $444,600
Previous Owner Castie Bryan D $322,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2020 04/08/20 Sold $494,000 +4.0% $235 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $475,000 -- $226 / 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 $6,220 $695,700 $294,600 $401,100
2024 $5,554 $650,400 $294,600 $355,800
2023 $5,272 $617,300 $267,200 $350,100
2022 $4,787 $560,500 $257,500 $303,000
2021 $4,257 $498,500 $232,900 $265,600
2020 $3,916 $458,500 $190,000 $268,500
2019 $3,746 $438,600 $190,000 $248,600
2018 $3,239 $391,400 $190,000 $201,400
2017 $3,195 $380,800 $175,000 $205,800
2016 $3,239 $386,100 $175,000 $211,100
2015 $1,487 $363,100 $175,000 $188,100
2014 -- $360,600 $175,000 $185,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Muhlberger

    Seller's Agent in 2020

    Paul Muhlberger

    SILVERGATE REALTY

    (434) 882-1633

    19 Total Sales

    Paul Muhlberger
    Section Image
  • Dawn Cromer

    Buyer's Agent in 2020

    Dawn Cromer

    NEST REALTY GROUP

    (434) 466-6942

    137 Total Sales

    Dawn Cromer
    Section Image

  • T

    Buyer's Agent in 2020

    THE CROMER TEAM

    NEST REALTY GROUP

See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 600287

Charlottesville area Association of Realtors®

APN: 058C0-01-00-04100

Virginia Albemarle County Charlottesville 22901

2540 Cedar Ridge Ln, Charlottesville, VA

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