NOT LISTED FOR SALE

2991 Cove Trace Charlottesville, VA 22911

Estimated Value: $677,000 - $697,174

4 Beds
2.5 Baths
2,676 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $577,500 $216 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,199/month

4 Days on Market

Highlights

  • Multiple Fireplaces
  • Wood Flooring
  • Skylights
  • Baker-Butler Elementary School Rated A-
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of July 2022

Beautifully maintained colonial, located on a private cul-de-sac in Forest Lakes. Home features formal dining room, 1st floor study/office, and open concept kitchen/family room. Kitchen completely remodeled with granite countertops, large island, and stainless steel appliances. Light filled primary suite offers attached seating room with built-ins, large ensuite bath, radiant floor heat, tub and standing shower. Screened porch for year round entertaining, manicured yard, and patio w/fire pit. Amazing home for entertaining family and friends.

Last Agent to Sell the Property

Sally Du Bose

SALLY DU BOSE REAL ESTATE PARTNERS License #0225152798 Listed on: 05/21/2022

Last Buyer's Agent

Erin Garcia

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225174908

LORING WOODRIFF REAL ESTATE ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1989

Lot Details

  • 0.29 Acre Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Skylights
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Library
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

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

Schools

  • Baker-Butler Elementary School
  • Sutherland Middle School
  • Albemarle High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • $50 HOA Transfer Fee
  • Forest Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046B3000B02100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,973

Year Built

Built in 1989

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2841
  • Above Grade Unfinished Sq Ft: 165
  • L V T Date: 05/21/2022
  • Parcel Number: 046B3000B02100
  • Price Per Sq Ft: 215.81
  • Property Included: Kitchen Appliances, Refrigerator, Washer, Dryer
  • Total Sq Ft: 3281
  • Total Unfinished Sq Ft: 605
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: FOREST LAKES
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Family Roo1|Study/Libr1|Half Bath1|Master Bed2|Master BTH2|Bedroom2|Full Bath2|Bedroom2|Bedroom2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas, One
  • Laundry: Dryer, Washer
  • Basement Type: Crawl
  • Room 1: Living Room,On Level: 1
  • Room 2: Dining Room,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Family Room,On Level: 1
  • Room 5: Study/Library,On Level: 1
  • Room 6: Half Bath,On Level: 1
  • Room 7: Master Bedroom,On Level: 2
  • Room 8: Master Bath,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Full Bath,On Level: 2
  • Room 11: Bedroom,On Level: 2
  • Room 12: Bedroom,On Level: 2
  • Total Finished Sq Ft: 2676
  • Above Grade Finished Sq Ft: 2676
  • Fireplace Location: Family Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Island, Microwave, Pantry, Refrigerator
  • Kitchen Cabinets Counters: Granite, Wood Cabinets
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Living Room, Master Bedroom, Study/Library
  • Room Types Level1: Dining Room (L1), Family Room (L1), Half Bath (L1), Kitchen (L1), Living Room (L1), Study/Library (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick, Concrete
  • Number Of Acres: 0.29
  • Roof: Composition Shingle
  • Structure Deck Porch: Patio, Porch - Screened
  • Structure Features: Skylights, Walk-in Closet
  • Structure Floors: Carpet, Ceramic Tile, Hardwood

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 440
  • Garage Features: Attached, Auto Door, Faces Front
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 440

Utilities

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

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 50
  • Association Fee: HOA
  • Association Frequency: Quarterly
  • Association Fee: 286

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2021
  • Taxes: 3972.81

MLS Schools

  • HighSchool: Albemarle
  • Middle School: Sutherland
  • Elementary School: Baker-Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 5, 2022
Sold by
Boblitz Michael H and Boblitz Joan M
Bought by
Driscoll Alexandra Maurise
Seller's Agent
Sally Du Bose
SALLY DU BOSE REAL ESTATE PARTNERS
Buyer's Agent
Erin Garcia
LORING WOODRIFF REAL ESTATE ASSOCIATES
List Price
$565,000
Sold Price
$577,500
Premium/Discount to List
$12,500
2.21%
Current Estimated Value
$685,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,544
Avg. Annual Appreciation
5.00%
Original Mortgage
$375,375
Outstanding Balance
$357,556
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$327,488

Purchase Details

Listed on
May 21, 2022
Closed on
Jun 27, 2022
Sold by
Boblitz Michael H and Boblitz Joan M
Bought by
Boblitz Michael H and Boblitz Joan M
Seller's Agent
Sally Du Bose
SALLY DU BOSE REAL ESTATE PARTNERS
Buyer's Agent
Erin Garcia
LORING WOODRIFF REAL ESTATE ASSOCIATES
List Price
$565,000
Sold Price
$577,500
Premium/Discount to List
$12,500
2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,375
Outstanding Balance
$357,556
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$327,488
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Driscoll Alexandra Maurise -- Chicago Title
Boblitz Michael H -- Friend Connie C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driscoll Alexandra Maurise $375,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $577,500 +2.2% $216 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $565,000 -- $211 / 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 $6,304 $752,300 $157,000 $595,300
2024 -- $562,000 $145,000 $417,000
2023 $4,930 $577,300 $140,000 $437,300
2022 $4,279 $501,100 $130,000 $371,100
2021 $3,973 $465,200 $130,000 $335,200
2020 $3,858 $451,800 $130,000 $321,800
2019 $3,719 $435,500 $130,000 $305,500
2018 $3,438 $419,000 $125,000 $294,000
2017 $3,360 $400,500 $140,000 $260,500
2016 $3,363 $400,800 $130,000 $270,800
2015 $1,669 $407,500 $130,000 $277,500
2014 -- $415,800 $130,000 $285,800
Source: Public Records

Agents Affiliated with this Home

  • Sally Du Bose

    Seller's Agent in 2022

    Sally Du Bose

    SALLY DU BOSE REAL ESTATE PARTNERS

    (434) 981-0289

    9 in this area

    184 Total Sales

    Sally Du Bose
    Section Image
  • Erin Garcia

    Buyer's Agent in 2022

    Erin Garcia

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 981-7245

    16 in this area

    225 Total Sales

    Erin Garcia
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 630708

Charlottesville area Association of Realtors®

APN: 046B3-00-0B-02100

Virginia Albemarle County Charlottesville 22911

2991 Cove Trace, Charlottesville, VA

Not Listed for Sale

Detached

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