NOT LISTED FOR SALE

305 Spring Ln Charlottesville, VA 22903

Southwest Charlottesville Neighborhood

Estimated Value: $1,321,000 - $1,880,069

4 Beds
6.5 Baths
5,242 Sq Ft
$312/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $1,370,434 $261 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,884/month

58 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Great Room
  • Virginia L. Murray Elementary School Rated A
  • 5.04 Acre Lot
  • Den

About This Home

As of March 2022

To be built new Evergreen home in the Spring Hill community just minutes form Boars Head, Farmington and Downtown Charlottesville. This 5 acre wooded lot provides exceptional privacy in a quaint neighborhood setting. Build your dream home with Evergreen's exceptional level of quality including oak hardwood floors, custom cabinetry, stone counters, Sub-Zero and Wolf appliances and much more. There will be generous allowances for tile and lighting fixtures. Images are from a similar home, purchaser(s) have the options to personalize selections. Taxes are estimated.

Last Agent to Sell the Property

Tom Ridley

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225245669 Listed on: 03/11/2022

Last Buyer's Agent

Tom Ridley

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225245669 Listed on: 03/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,775

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5.04 Acre Lot
  • Property is zoned R-1 Residential

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Spray Foam Insulation

Interior Spaces

  • 3-Story Property
  • Great Room
  • Dining Room
  • Home Theater
  • Den
  • Laundry Room

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Windows

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Eco-Friendly Details

  • Green Features

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Built by EVERGREEN BUILDERS
  • Spring Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05800-00-00-24500

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,775

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 4092
  • Below Grade Total Sq Ft: 1796
  • L V T Date: 10/06/2020
  • Nameof Property: Spring Hill Lot 7
  • New Construction: Yes
  • Parcel Number: 05800-00-00-24500
  • Price Per Sq Ft: 261.43
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 6646
  • Total Unfinished Sq Ft: 1404
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Subdivision: SPRING HILL
  • Comments: Yes
  • Concatenated Rooms1: |Den1|Great Room1|Home TheatB|Kitchen1|Laundry1|Master Bed2|Half Bath1|Dining Roo1|Bedroom2|Bedroom1|
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Unfinished Below Grade Sq Ft: 646
  • Basement Type: Finished, Heated, Walk Out, Windows
  • Room 1: Den, On Level: 1
  • Room 2: Great Room, On Level: 1
  • Room 3: Home Theater, On Level: Basement
  • Room 4: Kitchen, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Master Bedroom, On Level: 2
  • Room 7: Half Bath, On Level: 1
  • Room 8: Dining Room, On Level: 1
  • Room 9: Bedroom, On Level: 2
  • Room 10: Bedroom, On Level: 1
  • Total Finished Sq Ft: 5242
  • Above Grade Finished Sq Ft: 4092
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1150
  • Foundation: Poured Concrete
  • Level: 3 Story
  • Bathrooms: 6.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Number Beds Main Level: 1
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Room Types: Bedroom, Den, Dining Room, Great Room, Half Bath, Home Theater, Kitchen, Laundry, Master Bedroom
  • Room Types Level1: Bedroom (L1), Den (L1), Dining Room (L1), Great Room (L1), Half Bath (L1), Kitchen (L1), Laundry (L1)
  • Room Types Level2: Bedroom (L2+), Master Bedroom (L2+)
  • Room Types Level B: Home Theater (LB)
  • Source of Sq Ft: Builder

Exterior Features

  • Homebuilder: EVERGREEN BUILDERS
  • Number Of Acres: 5.04

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 758
  • Garage Features: Attached, Faces Side, Windows
  • Number of Car Spaces: 3
  • Total Above Grade Garage: 758

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Central Heat, Electric, Forced Air, Heat Pump, Propane
  • Cable Available: Cable
  • Sewer/Septic System: Approved for Conventional
  • Water: Individual Well

Condo/Co-op/Association

  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Fee: 400

Green Features

  • Green Appliances: Tankless Water Heater
  • Green Construction: Spray Foam
  • Green Features: Yes

Building Info

  • Year Built: 2021

Tax Info

  • Year: 2020
  • Taxes: 9775

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Feb 21, 2022
Sold by
Eggc Llc
Bought by
Horace E Jordan Jr Revocable Trust
Seller's Agent
Tom Ridley
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Tom Ridley
LORING WOODRIFF REAL ESTATE ASSOCIATES
List Price
$1,299,000
Sold Price
$1,370,434
Premium/Discount to List
$71,434
5.5%
Current Estimated Value
$1,637,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,583
Avg. Annual Appreciation
4.61%
Original Mortgage
$750,000
Outstanding Balance
$687,049
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$949,968

Purchase Details

Closed on
Sep 16, 2020
Sold by
Hufnagel Leon C and Dvorak Pamela J
Bought by
Eggc Llc
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
Horace E Jordan Jr Revocable Trust $1,370,434 None Listed On Document
Eggc Llc $249,000 Old Republic National Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horace E Jordan Jr Revocable Trust $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $1,370,434 +5.5% $261 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $1,299,000 -- $248 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $13,958 $1,561,300 $276,300 $1,285,000
2024 $12,695 $1,486,500 $276,300 $1,210,200
2023 $11,584 $1,356,400 $254,800 $1,101,600
2022 $8,220 $962,500 $254,800 $707,700
2021 $2,177 $254,900 $254,900 $0
2020 $1,893 $221,700 $221,700 $0
2019 $2,014 $235,800 $235,800 $0
2018 $1,978 $235,800 $235,800 $0
2017 $1,978 $235,800 $235,800 $0
2016 $2,106 $251,000 $251,000 $0
2015 $2,056 $251,000 $251,000 $0
2014 -- $276,000 $276,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Ridley

    Seller's Agent in 2022

    Tom Ridley

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 282-4584

    29 in this area

    144 Total Sales

    Tom Ridley
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 609366

Charlottesville area Association of Realtors®

APN: 05800-00-00-24500

Virginia Albemarle County Charlottesville 22903 Southwest Charlottesville

305 Spring Ln, Charlottesville, VA

Not Listed for Sale

Detached

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