NOT LISTED FOR SALE

500 12th St NW Charlottesville, VA 22903

Venable Neighborhood

Estimated Value: $387,000 - $579,000

3 Beds
2 Baths
1,515 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $330,500 $218 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,735/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Concrete Block With Brick
  • Charlottesville High School Rated A-
  • Bonus Room
  • Laundry Room

About This Home

As of March 2023

Investors and Buyers - bring your tool belts and imaginations to this rare opportunity to own a 99 year old home located in the heart of Charlottesville. Within walking distance of Venable Elementary, Dairy Market, the Corner, UVA, and W Main St - even the Downtown Mall is just 1 mile away! Save on gas and leave the car behind. Or better yet, order in and enjoy your expansive backyard with friends and family. With access through the back alley and side gate, there is parking for everyone. Home will be sold in as-is condition.

Last Agent to Sell the Property

BRENNA RICE

THE HOGAN GROUP-CHARLOTTESVILLE License #0225260628 Listed on: 01/31/2023

Last Buyer's Agent

Erin Samuels

NEST REALTY GROUP License #0225239233

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned R-1SU (University Small Lot ) Residential

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Family Room
  • Bonus Room
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Preston Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040091000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,528

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1515
  • Below Grade Total Sq Ft: 470
  • L V T Date: 01/31/2023
  • Parcel Number: 040091000
  • Price Per Sq Ft: 218.15
  • Total Sq Ft: 1985
  • Total Unfinished Sq Ft: 470
  • Type of Construction: On Site Built
  • Zoning: R-1SU (University Small Lot ) Residential
  • Subdivision: PRESTON HEIGHTS
  • Comments: Yes
  • Concatenated Rooms1: |Family Roo1|Bedroom1|Kitchen1|Laundry1|Full Bath1|Bonus Room2|Full Bath2|Bedroom2|Bedroom2|Bonus Room2|
  • Structures Deck Porch: Deck
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 470
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Inside Access, Outside Entrance, Unfinished, Walk Out
  • Room 1: Family Room,On Level: 1
  • Room 2: Bedroom,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Laundry,On Level: 1
  • Room 5: Full Bath,On Level: 1
  • Room 6: Bonus Room,On Level: 2
  • Room 7: Full Bath,On Level: 2
  • Room 8: Bedroom,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Bonus Room,On Level: 2
  • Total Finished Sq Ft: 1515
  • Above Grade Finished Sq Ft: 1515
  • Basement: Yes
  • Foundation: Concrete Block
  • Level: 2 Story
  • Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Number Beds: 3
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Room Types: Bedroom, Bonus Room, Family Room, Full Bath, Kitchen, Laundry
  • Room Types Level1: Bedroom (L1), Family Room (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Bonus Room (L2+), Full Bath (L2+), Rec Room (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Aluminum
  • Number Of Acres: 0.15
  • Roof: Composition Shingle
  • Structure Floors: Carpet, Ceramic Tile, Hardwood
  • Structure Window Ceiling: Insulated Windows

Utilities

  • Cooling: Central AC
  • Heating: Heat Pump
  • Cable Available: Cable
  • Gas: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Venable
  • Middle School: Walker & Buford
  • High School: Charlottesville

Building Info

  • Year Built: 1924

Tax Info

  • Year: 2022
  • Taxes: 3527.67

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Venable

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 17, 2023
Sold by
Hhi Ll Blocker Corporation
Bought by
Fraser Gertrude J
Seller's Agent
BRENNA RICE
THE HOGAN GROUP-CHARLOTTESVILLE
Buyer's Agent
Erin Samuels
NEST REALTY GROUP
List Price
$329,000
Sold Price
$330,500
Premium/Discount to List
$1,500
0.46%
Views
27
Current Estimated Value
$434,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,839
Avg. Annual Appreciation
15.16%
Original Mortgage
$307,834
Outstanding Balance
$299,445
Interest Rate
6.5%
Estimated Equity
$164,272

Purchase Details

Closed on
Dec 29, 2022
Sold by
Equity Trustees Llc
Bought by
Hogar Hispano Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,834
Outstanding Balance
$299,445
Interest Rate
6.5%
Estimated Equity
$164,272

Purchase Details

Closed on
Apr 15, 2008
Bought by
Gross Audrey P
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
Fraser Gertrude J $330,500 Chicago Title Insurance Compan
Hhi Ll Blocker Corporation -- Chicago Title Insurance Compan
Hogar Hispano Inc $317,900 --
Gross Audrey P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hhi Ll Blocker Corporation $307,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $330,500 +0.5% $218 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $329,000 -- $217 / 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 $4,286 $431,500 $188,900 $242,600
2024 $4,286 $371,600 $151,100 $220,500
2023 $3,493 $357,900 $137,400 $220,500
2022 $3,109 $317,900 $109,900 $208,000
2021 $2,724 $280,700 $91,600 $189,100
2020 $2,561 $263,500 $91,600 $171,900
2019 $2,561 $263,500 $91,600 $171,900
2018 $1,087 $222,800 $73,300 $149,500
2017 $1,991 $203,500 $61,100 $142,400
2016 $1,834 $185,100 $47,000 $138,100
2015 $1,834 $185,100 $47,000 $138,100
2014 $1,834 $185,100 $47,000 $138,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    BRENNA RICE

    THE HOGAN GROUP-CHARLOTTESVILLE

    Section Image
  • Erin Samuels

    Buyer's Agent in 2023

    Erin Samuels

    NEST REALTY GROUP

    (434) 529-7299

    1 in this area

    110 Total Sales

    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 638147

Charlottesville area Association of Realtors®

APN: 040-091-000

Virginia Charlottesville County Charlottesville 22903 Venable

500 12th St NW, Charlottesville, VA

This home is located at 500 12th St NW, Charlottesville, VA 22903 since 31 January 2023 and is currently estimated at $461,640, approximately $304 per square foot. This property was built in 1924. 500 12th St NW is a home located in Charlottesville City with nearby schools including Trailblazer Elementary School, Buford Middle School, and Charlottesville High School.

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.

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