NOT LISTED FOR SALE

309 Valley Road Extension Charlottesville, VA 22903

Fifeville Neighborhood

Estimated Value: $331,000 - $371,000

3 Beds
2 Baths
1,262 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $265,000 $210 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,069/month

4 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Charlottesville High School Rated A-
  • Baseboard Heating

About This Home

As of October 2022

Investor Alert! Great potential for a income producing over/under duplex centrally located in Charlottesville. This separately metered electric is within walking distance to the UVA Hospital and UVA Grounds. Home is also close to the Downtown Mall. Upstairs unit is a 2 bedroom 1 bath hardwood floored unit while the down stairs is a 1 bedroom 1 bath unit. Along with being separately electrically metered each unit also has its own hot water heater, washer, dryer, newish dishwasher, and newish electric range.

Last Agent to Sell the Property

TEE TUCKER

REAL ESTATE III, INC. License #0225052553 Listed on: 08/19/2022

Co-Listed By

David Roy Griffin

REAL ESTATE III, INC. License #0225197341

Last Buyer's Agent

Macon Gunter

NEST REALTY GROUP License #0225200400

NEST REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,359

Year Built

  • Built in 1952

Lot Details

  • 6,970

Home Design

  • 1,262 Sq Ft Home
  • Duplex
  • Block Foundation

Kitchen

  • Electric Range
  • Dishwasher

Schools

  • Johnson Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Baseboard Heating

Additional Features

  • Washer and Dryer Hookup
  • 6,970 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 220011000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,359

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 220011000
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.16
  • Road Frontage Type: Cul-De-Sac, Public Road
  • Co List Office Mls Id: 351
  • Co List Office Phone: 434-817-9200
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Living Area: 1262.0

Exterior Features

  • Topography: Rolling
  • Foundation Details: Block

Utilities

  • Heating: Baseboard, Forced Air, Heat Pump
  • Utilities: Cable Available, High Speed Internet Available
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Heat Pump, Window Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Johnson (Charlottesville)
  • Middle Or Junior School: Walker & Buford

Lot Info

  • Lot Features: Open Lot
  • Zoning Description: R-2 Residential

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Trash Collection

Building Info

  • Year Built: 1952

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2359.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Charlottesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 19, 2022
Sold by
Smith Michael Joseph and Smith Michael J
Bought by
Kgb Llc
Seller's Agent
TEE TUCKER
REAL ESTATE III, INC.
Buyer's Agent
Macon Gunter
NEST REALTY GROUP
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
59
Current Estimated Value
$347,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,520
Avg. Annual Appreciation
8.70%
Original Mortgage
$212,000
Outstanding Balance
$203,536
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$143,984

Purchase Details

Listed on
Aug 19, 2022
Closed on
Aug 16, 2022
Sold by
Sheafe Cheyenne C and Smith Michael J
Bought by
Smith Michael J and Smith Michael Joseph
Seller's Agent
TEE TUCKER
REAL ESTATE III, INC.
Buyer's Agent
Macon Gunter
NEST REALTY GROUP
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$203,536
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$143,984

Purchase Details

Closed on
Aug 1, 2006
Bought by
Smith Michael and Cheyenne Sheafe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kgb Llc $265,000 --
Smith Michael J -- --
Smith Michael $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kgb Llc $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $265,000 -3.6% $210 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $275,000 -- $218 / 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 $3,012 $298,500 $96,000 $202,500
2024 $3,012 $271,500 $102,500 $169,000
2023 $2,629 $264,900 $102,500 $162,400
2022 $2,442 $245,400 $95,000 $150,400
2021 $2,154 $217,600 $92,000 $125,600
2020 $1,793 $179,600 $63,800 $115,800
2019 $1,737 $173,700 $60,200 $113,500
2018 $795 $158,300 $50,200 $108,100
2017 $1,567 $155,900 $47,800 $108,100
2016 $1,477 $146,400 $40,500 $105,900
2015 $1,307 $139,500 $38,600 $100,900
2014 $1,307 $139,500 $38,600 $100,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TEE TUCKER

    REAL ESTATE III, INC.

  • David Roy Griffin

    Seller Co-Listing Agent in 2022

    David Roy Griffin

    REAL ESTATE III, INC.

    (434) 409-6370

    4 in this area

    46 Total Sales

    David Roy Griffin
    Section Image
  • Macon Gunter

    Buyer's Agent in 2022

    Macon Gunter

    NEST REALTY GROUP

    (434) 242-7772

    4 in this area

    122 Total Sales

    Macon Gunter
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 633913

Charlottesville area Association of Realtors®

APN: 220-011-000

Virginia Charlottesville County Charlottesville 22903 Fifeville

309 Valley Road Extension, Charlottesville, VA

Not Listed for Sale

MultiFamily

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.

Nearby Homes