Seller's Agent in 2023
Jim Faulconer
MCLEAN FAULCONER INC., REALTOR
(434) 981-0076
1 in this area
171 Total Sales
480 Rio Rd E Charlottesville, VA 22901
Dunlora NeighborhoodEstimated Value: $1,035,000 - $1,260,000
6.52
Acres
$173,249
Price per Acre
284,011
Sq Ft Lot
Highlights
- 6.52 Acre Lot
- Partially Wooded Lot
- Elevated Lot
- Jackson P. Burley Middle School Rated A-
- Garden View
- Open Lot
About This Lot
As of August 2023SITUATED IN ALBEMARLE COUNTY JUST NORTH OF THE CITY LIMITS, ONLY 1.5 MILES NORTH OF THE DOWNTOWN MALL, JUST OFF PARK ST. AND RIO RD. EAST, is the 6.5 acre site with two houses, known historically as LOCHLYN, and now named ECOVILLAGE CHARLOTTESVILLE by the current Owner. The Owner has been working with planners and the County of Albemarle to develop on this property into an environmentally sensitive and sustainable housing community. This land has a current zoning of R4, however, the Owner believes Albemarle County would approve somewhere between 32-38 dwelling units on the site. This is a concept at this stage, but has several years of planning behind the concept, waiting for a visionary developer to complete the project. or something similar.
Last Agent to Sell the Property
MCLEAN FAULCONER INC., REALTOR License #0225209215 Listed on: 08/22/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,387
Lot Details
- 6.52 Acre Lot
- Elevated Lot
- Open Lot
- Gentle Sloping Lot
- Partially Wooded Lot
- Property is zoned R-4 Residential
Parking
- Driveway
Schools
- Agnor-Hurt Elementary School
- Burley Middle School
- Albemarle High School
Utilities
- Septic Tank
- Fiber Optics Available
- Cable TV Available
Additional Features
- Garden Views
- Green Features
Listing and Financial Details
- Assessor Parcel Number 06100-00-00-021000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 6, 2023
Sold by
Ecovillage Holdings Inc
Bought by
Lochlyn Commons Llc and Berkley Apartments Llc
Current Estimated Value
Purchase Details
Listed on
Aug 22, 2022
Closed on
Jul 17, 2023
Sold by
Ecovillage Holdings Inc
Bought by
Lochlyn Commons Llc and Berkley Apartments Llc
Seller's Agent
Jim Faulconer
MCLEAN FAULCONER INC., REALTOR
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$1,750,000
Sold Price
$1,360,000
Premium/Discount to List
-$390,000
-22.29%
Views
94
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.79%
Purchase Details
Closed on
Mar 7, 2022
Sold by
A Path For Tomorrow Trust and Kuttner Oliver
Bought by
Ecovillage Development Llc and Albemarle County Service Authority
Purchase Details
Closed on
Jan 22, 2015
Sold by
Ecovillage Charlottesville Inc
Bought by
Ecovillage Holding Llc
Purchase Details
Closed on
Nov 18, 2013
Sold by
Olson Douglas E and Olson Patricia B
Bought by
Ecovillage Charlottesville Inc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lochlyn Commons Llc | -- | None Listed On Document | |
| Ecovillage Holdings Inc | -- | None Listed On Document | |
| Lochlyn Commons Llc | $1,360,000 | None Listed On Document | |
| Ecovillage Development Llc | -- | None Listed On Document | |
| Ecovillage Holding Llc | -- | -- | |
| Ecovillage Charlottesville Inc | $900,000 | Chicago Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2023 08/07/23 | Sold | $1,360,000 | 0.0% | $556 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 04/02/2023 04/02/23 | Off Market | $1,360,000 | -- | -- |
| 01/05/2023 01/05/23 | Pending | -- | -- | -- |
| 08/22/2022 08/22/22 | For Sale | $1,750,000 | -- | $715 / 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 | $10,653 | $1,191,600 | $1,189,100 | $2,500 |
| 2024 | -- | $1,191,600 | $1,189,100 | $2,500 |
| 2023 | $10,176 | $1,191,600 | $1,189,100 | $2,500 |
| 2022 | $10,156 | $1,189,200 | $1,189,100 | $100 |
| 2021 | $10,156 | $1,189,200 | $1,189,100 | $100 |
| 2020 | $10,156 | $1,189,200 | $1,189,100 | $100 |
| 2019 | $8,490 | $994,200 | $994,100 | $100 |
| 2018 | $8,133 | $994,200 | $994,100 | $100 |
| 2017 | $7,925 | $944,600 | $915,800 | $28,800 |
| 2016 | $7,705 | $918,400 | $913,300 | $5,100 |
| 2015 | $7,375 | $900,500 | $898,500 | $2,000 |
| 2014 | -- | $900,500 | $898,500 | $2,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Faulconer
-
Unrepresented Buyer
U
Buyer's Agent in 2023
Unrepresented Buyer
UnrepresentedBuyer
(434) 260-1045
11 in this area
1,086 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 633951
APN: 06100-00-00-21000
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.
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
- 583 Southampton Ct
- 1234 Holmes Ave
- 521 Woodmont Dr
- 1210 Agnese St
- 1115 Cottonwood Rd
- 540 Woodmont Dr
- 638 Crumpet Ct
- 1018 Glendale Rd
- 1257 Penfield Ln
- 509 Bennett St
- 1018 Ashby Place
- 651 Lochlyn Hill Dr
- 572 Whitcover Cir
- 106 Melbourne Park Cir Unit E
- 106 Melbourne Park Cir Unit F
- 508 Bennett St
- Lot 148 Pen Park Ln
- 480 Rio Road East
- 470 Rio Rd E
- 470 Rio Road East
- 128 Elizabeth Ave
- 590 Rio Road East
- 421 Alwood Ln
- 540 Rio Rd E
- 585 Southampton Ct
- 587 Southampton Dr
- 585 Southampton Dr
- 583 Southampton Dr
- 581 Southampton Ct
- 581 Southampton Dr
- 540 Rio Road East
- 591 Southampton Dr
- 593 Southampton Ct
- 593 Southampton Dr
- 577 Southampton Ct
- 577 Southampton Dr
- 1209 Lili Ln