NOT LISTED FOR SALE

450 Labrador Ln Charlottesville, VA 22903

Estimated Value: $1,255,000 - $1,353,000

4 Beds
2.5 Baths
3,340 Sq Ft
$392/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $950,000 $284 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,928/month

3 Days on Market

Highlights

  • Garage Apartment
  • Panoramic View
  • Wood Burning Stove
  • Virginia L. Murray Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Private Lot

About This Home

As of August 2021

Must see in Ivy!! This beautiful home on 5.45 acres in Ivy is minutes from I-64 in the highly rated Western Albemarle School District, yet feels like an oasis in the country! Meticulously maintained, this home has been freshly painted throughout, and the hardwood floors on main and second levels gleam! Perfect for entertainers with formal living and dining rooms, open floor plan with great room open to kitchen, and an incredible media/gaming room - bring your pool table and big screen tv! Upstairs, the owners suite features two large picture windows, a walk in closet, and private bathroom with jetted soaking tub and walk in shower. Three additional bedrooms share a hall bathroom and the laundry is also located on the second floor for convenience. There is room to grow with a full walk out unfinished basement, and a framed apartment space above the three car detached garage.

Last Agent to Sell the Property

Denise Ramey

LONG & FOSTER - CHARLOTTESVILLE WEST License #0225102217 Listed on: 06/16/2021

LONG & FOSTER - CHARLOTTESVILLE WEST

Last Buyer's Agent

Anne Burroughs

NEST REALTY GROUP License #0225210047

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,771

Year Built

  • 2004

Lot Details

  • 5.45 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Gentle Sloping Lot
  • Irrigation
  • Partially Wooded Lot
  • Garden
  • Property is zoned R-1 Residential

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Poured Concrete
  • HardiePlank Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Recessed Lighting
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Utility Room

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Windows

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Detached Garage
  • Garage Apartment
  • Front Facing Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Green Features

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Programmable Thermostat
  • Whole House Permanent Generator
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07300-00-00-027L0

Community Details

Overview

  • Association fees include area maint, snow removal

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,771

Year Built

2004

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3340
  • Below Grade Total Sq Ft: 2064
  • Unfinished Above Grade: 720
  • Total Above Grade: 720
  • Dependency Total Sq Ft: 720
  • L V T Date: 06/16/2021
  • Parcel Number: 07300-00-00-027L0
  • Price Per Sq Ft: 284.43
  • Property Included: Kitchen appliances currently in home, and washer/dryer, generator
  • Total Sq Ft: 7024
  • Total Unfinished Sq Ft: 3684
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Unfinished Below Grade Sq Ft: 2064
  • Fireplace: One, Stone, Wood Burning
  • Laundry: Dryer, Washer
  • Basement Type: Inside Access, Outside Entrance, Unfinished, Walk Out, Windows
  • Room 1: Foyer, On Level: 1
  • Room 2: Living Room, 11'6x14, On Level: 1
  • Room 3: Dining Room, 11'6x14, On Level: 1
  • Room 4: Kitchen, 12x16, On Level: 1
  • Room 5: Breakfast Room, 9x16, On Level: 1
  • Room 6: Great Room, 18x21, On Level: 1
  • Room 7: Rec Room, 20x22, On Level: 1
  • Room 8: Home Office, 10x11, On Level: 1
  • Room 9: Half Bath, On Level: 1
  • Room 10: Master Bedroom, 20x18, On Level: 2
  • Room 11: Master Bath, On Level: 2
  • Room 12: Bedroom, 11x11, On Level: 2
  • Room 13: Bedroom, 11x12, On Level: 2
  • Room 14: Bedroom, 11x13, On Level: 2
  • Room 15: Full Bath, On Level: 2
  • Room 16: Laundry, On Level: 2
  • Room 17: Utility Room, On Level: Basement
  • Total Finished Sq Ft: 3340
  • Above Grade Finished Sq Ft: 3340
  • Basement: Yes
  • Fireplace Location: Great Room
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Breakfast Bar, Breakfast Nook, Dishwasher, Disposal, Gas Range, Microwave, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Solid Surface Counter, Wood Cabinets
  • Land Description: Garden Spot, Gently Rolling, Irrigation System, Partly Wooded, Private
  • Level: 2 Story
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room 18: Garage Apt., On Level: Dependency
  • Room Types: Bedroom, Billiard Room, Breakfast Room, Dining Room, Family Room, Foyer, Full Bath, Garage Apt., Great Room, Half Bath, Home Office, Kitchen, Laundry, Living Room, Master Bedroom, Rec Room, Utility Room, Master Bathroom
  • Room Types Level1: Breakfast Room (L1), Dining Room (L1), Foyer (L1), Great Room (L1), Half Bath (L1), Home Office (L1), Kitchen (L1), Living Room (L1), Rec Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Laundry (L2+), Master Bedroom (L2+)
  • Room Types Level B: Utility Room (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Stone, Hardie Plank
  • Number Of Acres: 5.45
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Patio, Porch - Front
  • Structure Features: Dual Vanities, Whole House Generator, Mbr Sitting Area, Whirlpool/Jetted Tub, Walk-In Closet
  • Structure Floors: Ceramic Tile, Hardwood
  • Structure Security: Security System, Smoke Detector(s)
  • Structure Window Ceiling: 9' Ceilings, Double-Hung Windows, Insulated Windows, Tilt Sash Windows, Tray Ceiling, Vaulted/Cathedral Ceiling
  • View: Mountain View, Panoramic View, Wooded View
  • Water Property: Stream / Creek

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 900
  • Garage Features: Auto Door, Detached, Electricity, Faces Front
  • Number of Car Spaces: 3
  • Total Above Grade Garage: 900

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Central Heat, Heat Pump, Propane
  • Cable Available: Cable
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Condo/Co-op/Association

  • Association Fee: Hoa
  • Association Frequency: Annual
  • Association Includes: Area Maint, Snow Removal
  • Association Fee: 450

Schools

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

Green Features

  • Green Features: Yes
  • Green Other: Programmable Thermostat

Lot Info

  • Lot Features: Cul-De-Sac, Garden Space, Irrigation Available, Public Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 28, 2021
Sold by
Raphael Jacob and Raphael Michal Buchhandler
Bought by
Meadors Brandon K and Meadors Tess B
Seller's Agent
Denise Ramey
LONG & FOSTER - CHARLOTTESVILLE WEST
Buyer's Agent
Anne Burroughs
NEST REALTY GROUP
List Price
$850,000
Sold Price
$950,000
Premium/Discount to List
$100,000
11.76%
Current Estimated Value
$1,308,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,701
Avg. Annual Appreciation
10.43%
Original Mortgage
$760,000
Outstanding Balance
$696,506
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$731,945
Source: Public Records

Range of Values:

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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
Meadors Brandon K $950,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadors Brandon K $760,000
Previous Owner Raphel Jacob $357,350
Previous Owner Raphael Jacob $370,000
Previous Owner Raphael Jacob $417,000
Previous Owner Raphael Jacob $147,000
Previous Owner Foster Christopher S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $950,000 +11.8% $284 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $850,000 -- $254 / 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 $9,771 $1,093,000 $311,100 $781,900
2024 $9,710 $1,137,000 $326,200 $810,800
2023 $8,905 $1,042,700 $274,000 $768,700
2022 $8,069 $944,800 $274,000 $670,800
2021 $6,718 $786,700 $235,400 $551,300
2020 $6,622 $775,400 $235,400 $540,000
2019 $6,228 $729,300 $235,400 $493,900
2018 $6,147 $724,500 $235,400 $489,100
2017 $6,214 $740,700 $235,400 $505,300
2016 $5,390 $642,400 $212,400 $430,000
2015 $2,604 $636,000 $212,400 $423,600
2014 -- $636,100 $212,400 $423,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 618795

Charlottesville area Association of Realtors®

APN: 07300-00-00-027L0