NOT LISTED FOR SALE

3040 Morewood Ln Charlottesville, VA 22901

Estimated Value: $496,000 - $513,000

4 Beds
2.5 Baths
2,276 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $470,000 $207 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,148/month

13 Days on Market

Highlights

  • Bathroom on Main Level
  • Central Heating and Cooling System
  • 2 Car Garage
  • Joseph T. Henley Middle School Rated A

About This Home

As of June 2023

The neighborhood's original model home is for sale by its original owner! Come see this beautiful home which features a popular open floor plan, hardwood floors, and large fenced in backyard, all in the Western Albemarle school district. Mature landscaping includes an Asian pear tree, teddy bear magnolia, fig tree, dwarf plum, and persimmon, alongside two other designated gardens for the new owners personal touch. Upstairs this home has four bedrooms and two full bathrooms and there is an office/bonus room on the main level for a "work-from-home" set up. All in a desirable location! Come join us at the open house this Sunday April 30th 1-3pm.

Last Agent to Sell the Property

MATT KNEECE

REAL BROKER, LLC License #0225245618 Listed on: 04/27/2023

Last Buyer's Agent

Kristin Sorokti

NEST REALTY GROUP License #0225240105

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,501

Year Built

  • Built in 2002

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned R-4 Residential

HOA Fees

  • $56 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 2,276 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Parking

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

Schools

  • Crozet Elementary School
  • Henley Middle School
  • Western Albemarle High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057A0-2C-00-01900

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,501

Year Built

Built in 2002

Lot Details

0

HOA Fees

$56 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2276
  • L V T Date: 04/27/2023
  • Parcel Number: 057A0-2C-00-01900
  • Price Per Sq Ft: 206.5
  • Property Included: All appliances in property, including: oven/range, refrigerator, dishwasher, microwave, laundry machine, dryer.
  • Total Sq Ft: 2756
  • Total Unfinished Sq Ft: 480
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: HIGHLANDS
  • Comments: No
  • Concatenated Rooms1: |Half Bath1|Full Bath2|Full Bath2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room 1: Half Bath,On Level: 1
  • Room 2: Full Bath,On Level: 2
  • Room 3: Full Bath,On Level: 2
  • Total Finished Sq Ft: 2276
  • Above Grade Finished Sq Ft: 2276
  • Foundation: Concrete Slab
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Full Bath, Half Bath
  • Room Types Level1: Half Bath (L1)
  • Room Types Level2: Full Bath (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.22

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 480
  • Garage Features: Auto Door, Faces Side
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 480

Utilities

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

Condo/Co-op/Association

  • Association Fee: POA
  • Association Frequency: Monthly
  • Association Fee: 56

Schools

  • Elementary School: Crozet
  • Middle School: Henley
  • High School: Western Albemarle

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2023
  • Taxes: 3501.15

MLS Schools

  • HighSchool: Western Albemarle
  • Middle School: Henley
  • Elementary School: Crozet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 24, 2023
Sold by
Lam Dao
Bought by
Zhou Xinyu and Tan Jing
Seller's Agent
MATT KNEECE
REAL BROKER, LLC
Buyer's Agent
Kristin Sorokti
NEST REALTY GROUP
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Views
108
Current Estimated Value
$503,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,857
Avg. Annual Appreciation
2.84%
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
Zhou Xinyu $470,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Dao T $35,000
Previous Owner Lam Dao Tu $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $470,000 -1.1% $207 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $475,000 -- $209 / 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 $4,165 $465,900 $98,400 $367,500
2024 $3,618 $423,700 $99,200 $324,500
2023 $3,518 $411,900 $96,000 $315,900
2022 $3,286 $384,800 $100,000 $284,800
2021 $3,247 $380,200 $125,000 $255,200
2020 $2,841 $332,700 $100,000 $232,700
2019 $2,916 $341,400 $100,000 $241,400
2018 $2,583 $310,100 $95,000 $215,100
2017 $2,565 $305,700 $80,000 $225,700
2016 $2,441 $290,900 $80,000 $210,900
2015 $1,117 $272,800 $76,000 $196,800
2014 -- $261,300 $76,000 $185,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 641035

Charlottesville area Association of Realtors®

APN: 057A0-2C-00-01900