NOT LISTED FOR SALE

3501 Layton Dr Charlottesville, VA 22903

Estimated Value: $492,000 - $667,000

1 Bed
2 Baths
1,344 Sq Ft
$410/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $420,000 $312 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,342/month

19 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Deck
  • Secluded Lot
  • Virginia L. Murray Elementary School Rated A
  • Wood Burning Stove
  • Partially Wooded Lot

About This Home

As of January 2023

4 acres in Ivy with a 1 bedroom, 2 bath cabin getaway including a separate work shop/garage. Perfect for a 2nd home or live here while you build your dream house or expand the existing home. NO HOA, great Western school district including sought after Murray Elementary school. Lots of possibilities with this 4 acre property.

Last Agent to Sell the Property

Rod Phillips

DOGWOOD REALTY GROUP LLC License #0225180330 Listed on: 11/09/2022

Last Buyer's Agent

Kelly C. Lindauer

NEST REALTY GROUP License #0225078688

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 2003

Lot Details

  • 4 Acre Lot
  • Partially Fenced Property
  • Secluded Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned R-1 Residential, 1 Dwelling/Acre

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Low Emissivity Windows
  • Double Hung Windows

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Pine Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Well
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 05800-00-00-024A0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1344
  • L V T Date: 11/09/2022
  • Parcel Number: 05800-00-00-024A0
  • Price Per Sq Ft: 312.5
  • Total Sq Ft: 1344
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential, 1 Dwelling/Acre
  • Subdivision: NONE
  • Comments: No
  • Concatenated Rooms1: |
  • Structures Deck Porch: Deck, Porch - Front, Porch - Rear
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Stone, Wood Stove
  • Total Finished Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1344
  • Fireplace Location: Master Bedroom
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Refrigerator
  • Kitchen Cabinets Counters: Maple Cabinets, Wood Cabinets
  • Land Description: Gently Rolling, Partly Cleared, Partly Wooded, Secluded Lot, Wooded
  • Level: 2 Story
  • Bathrooms: 2
  • Number Beds: 1
  • Full Bathrooms: 2
  • Room Types: Eat-In Kitchen

Exterior Features

  • Fence: Partially Fenced
  • Number Of Acres: 4
  • Structure Features: Whirlpool/Jetted Tub, Walk-in Closet
  • Structure Floors: Hardwood, Pine
  • Structure Window Ceiling: Double-hung Windows, Low-E Windows, Tilt Sash Windows

Garage/Parking

  • Garage: Yes
  • Garage Features: Detached
  • Number of Car Spaces: 1

Utilities

  • Cooling: Heat Pump
  • Heating: Forced Air, Heat Pump
  • Cable Available: Dish/Satellite
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

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

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 5, 2023
Sold by
Joseph Sherry L
Bought by
Kennedy Maureen E and Mason Travis R
Seller's Agent
Rod Phillips
DOGWOOD REALTY GROUP LLC
Buyer's Agent
Kelly C. Lindauer
NEST REALTY GROUP
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
41
Current Estimated Value
$551,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,261
Avg. Annual Appreciation
7.97%
Original Mortgage
$399,000
Outstanding Balance
$388,106
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$125,732
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
Kennedy Maureen E $420,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Maureen E $399,000
Previous Owner Tucker William D $100,000
Previous Owner Joseph Sherry L $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $420,000 -6.7% $313 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $450,000 -- $335 / 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 $4,050 $453,000 $217,000 $236,000
2024 -- $418,900 $186,000 $232,900
2023 $3,808 $445,900 $186,000 $259,900
2022 $3,109 $364,100 $152,400 $211,700
2021 $2,970 $347,800 $152,400 $195,400
2020 $2,881 $337,400 $152,400 $185,000
2019 $2,823 $330,600 $152,400 $178,200
2018 $1,290 $327,300 $152,400 $174,900
2017 $2,580 $307,500 $127,900 $179,600
2016 $2,763 $329,300 $170,600 $158,700
2015 $2,671 $326,100 $170,600 $155,500
2014 -- $305,000 $149,200 $155,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 636480

Charlottesville area Association of Realtors®

APN: 05800-00-00-024A0