NOT LISTED FOR SALE

2640 Penny Ln Charlottesville, VA 22903

Estimated Value: $917,000 - $1,117,000

3 Beds
3 Baths
2,896 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 2640 Penny Ln, Charlottesville, VA 22903 and is currently estimated at $1,039,121, approximately $358 per square foot. 2640 Penny Ln is a home located in Albemarle County with nearby schools including Red Hill Elementary School, Walton Middle School, and Monticello High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Proutt Richard Glenn and Proutt Virginia M
Bought by
Suggs James Mckay and Suggs Elizabeth Papetti
Current Estimated Value
$1,039,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,000
Outstanding Balance
$805,091
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$234,030
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Suggs James Mckay $838,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suggs James Mckay $838,000
Source: Public Records

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 $8,810 $985,500 $313,500 $672,000
2024 $7,987 $935,200 $299,800 $635,400
2023 $7,131 $835,000 $244,700 $590,300
2022 $4,479 $524,500 $210,200 $314,300
2021 $4,203 $492,100 $210,200 $281,900
2020 $4,569 $535,000 $210,200 $324,800
2019 $4,396 $514,700 $204,200 $310,500
2018 $4,127 $504,500 $204,200 $300,300
2017 $4,022 $479,400 $173,600 $305,800
2016 $3,872 $461,500 $230,900 $230,600
2015 $1,880 $459,000 $230,900 $228,100
2014 -- $458,800 $230,900 $227,900
Source: Public Records

Map

Virginia Albemarle County Charlottesville 22903

2640 Penny Ln, Charlottesville, VA

This home is located at 2640 Penny Ln, Charlottesville, VA 22903 and is currently estimated at $1,039,121, approximately $358 per square foot. 2640 Penny Ln is a home located in Albemarle County with nearby schools including Red Hill Elementary School, Walton Middle School, and Monticello High School.

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