3332 Arbor Terrace Charlottesville, VA 22911
Estimated Value: $364,000 - $397,000
3
Beds
2.5
Baths
1,456
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Community Lake
- Clubhouse
- Wood Flooring
- Baker-Butler Elementary School Rated A-
- Multiple Fireplaces
- Main Floor Primary Bedroom
About This Home
As of November 2022Sought after Arbor Lake town home in Forest Lakes with 1st floor owners suite and garage is ready for its new owners to move in without a care. This beautifully maintained home features 10 foot ceilings, gorgeous engineered hardwood floors for an updated, warm look, and a sunny kitchen with a bay window, updated appliances including a gas range, granite counters and tile backsplash. Two additional bedrooms, full bathroom and a small loft are found on the second floor. Outside the spacious patio overlooks a protected wooded common area and is completely private except for the occasional deer. All exterior maintenance is covered by the HOA, including roof, siding, gutters and more. Forest Lakes features more amenities than any neighborhood in Charlottesville at an affordable cost. Amenities include 2 pools, 24 hour gym, 10 tennis courts, 2 pickleball courts, basketball and sand volleyball, several tot lots, 2 soccer fields, community garden plots, and of course, several lakes and ponds with miles of surrounding walking trails to enjoy a stroll. You're a hop, skip and jump to lots of shopping like Target, Kohls, Harris Teeter, plus several restaurants and more. Don't miss this rare opportunity!
Last Agent to Sell the Property
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225044570 Listed on: 09/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,401
Year Built
- Built in 1992
Lot Details
- 4,356 Sq Ft Lot
- Landscaped
HOA Fees
- $285 Monthly HOA Fees
Home Design
- Property Attached
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,456 Sq Ft Home
- 1.5-Story Property
- Multiple Fireplaces
- Gas Fireplace
- Vinyl Clad Windows
- Insulated Windows
- Entrance Foyer
- Great Room
- Dining Room
- Loft
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- Bathroom on Main Level
- Primary bathroom on main floor
- Double Vanity
- Dual Sinks
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Automatic Garage Door Opener
Outdoor Features
- Patio
- Playground
Location
- Interior Unit
Schools
- Baker-Butler Elementary School
- Lakeside Middle School
- Albemarle High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 046B4-01-0K-04700
Community Details
Overview
- Association fees include exercise room, exterior maint, master ins. policy, play area, pool, prof. mgmt., reserve fund, road maint, snow removal, tennis, trash pickup, yard maintenance
- $55 HOA Transfer Fee
- Forest Lakes Subdivision
- Community Lake
Amenities
- Clubhouse
- Community Center
- Meeting Room
Recreation
- Tennis Courts
- Soccer Field
- Community Basketball Court
- Volleyball Courts
- Community Playground
- Exercise Course
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2022
Closed on
Nov 7, 2022
Sold by
Evans George and Evans Joan H
Bought by
Whitlock Sharon
Seller's Agent
Tara Savage
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
Jessica Russo
NEST REALTY GROUP
List Price
$350,000
Sold Price
$346,000
Premium/Discount to List
-$4,000
-1.14%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,494
Avg. Annual Appreciation
3.79%
Purchase Details
Closed on
Oct 11, 2016
Sold by
Piccola Carl and Piccola Elsie
Bought by
Evans George and Evans Joan H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2011
Sold by
Arakas Jennie
Bought by
Arakas Adam
Similar Homes in Charlottesville, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Whitlock Sharon | $346,000 | Chicago Title | |
| Evans George | $248,000 | Chicago Title | |
| Arakas Adam | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Evans George | $170,000 | |
| Previous Owner | Piccola Carl | $285,000 | |
| Previous Owner | Arakas Adam | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2022 11/10/22 | Sold | $346,000 | -1.1% | $238 / Sq Ft |
| 09/17/2022 09/17/22 | Pending | -- | -- | -- |
| 09/08/2022 09/08/22 | For Sale | $350,000 | -- | $240 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | -- | $359,100 | $85,000 | $274,100 |
| 2024 | -- | $311,900 | $85,000 | $226,900 |
| 2023 | $2,818 | $330,000 | $80,000 | $250,000 |
| 2022 | $2,401 | $281,200 | $67,500 | $213,700 |
| 2021 | $2,221 | $260,100 | $72,500 | $187,600 |
| 2020 | $2,146 | $251,300 | $70,000 | $181,300 |
| 2019 | $2,101 | $246,000 | $60,000 | $186,000 |
| 2018 | $1,991 | $241,500 | $60,000 | $181,500 |
| 2017 | $1,957 | $233,200 | $55,000 | $178,200 |
| 2016 | $1,706 | $203,300 | $55,000 | $148,300 |
| 2015 | $1,690 | $206,300 | $55,000 | $151,300 |
| 2014 | -- | $190,700 | $55,000 | $135,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Savage
Seller's Agent in 2022
Tara Savage
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
(434) 981-4458
27 in this area
331 Total Sales
-
Jessica Russo
Buyer's Agent in 2022
Jessica Russo
NEST REALTY GROUP
(434) 996-3176
17 in this area
176 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 634535
APN: 046B4-01-0K-04700
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