NOT LISTED FOR SALE

305 Spring Ln Charlottesville, VA 22903

Southwest Charlottesville Neighborhood

Estimated Value: $1,518,000 - $1,821,994

4 Beds
6.5 Baths
5,242 Sq Ft
$319/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2022

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

Est. 22% increase in value since last sale

Current estimated payment $10,214 / mo

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

5.04 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Feb 21, 2022
Sold by
Bought by
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
$1,669,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,315
Avg. Annual Appreciation
4.66%
Original Mortgage
$750,000
Outstanding Balance
$674,703
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$995,046

Purchase Details

Closed on
Sep 16, 2020
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,370,434 None Listed On Document
$249,000 Old Republic National Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $750,000
Closed $5,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,958 $1,646,000 $279,900 $1,366,100
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

    27 in this area

    138 Total Sales

    Tom Ridley
    Section Image
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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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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