500 Court Square Unit 505 Charlottesville, VA 22902
North Downtown NeighborhoodEstimated payment $1,773/month
Highlights
- Central Air
- Heating Available
- 1-minute walk to Jackson Park
- Charlottesville High School Rated A-
About This Home
A unique opportunity to own a versatile studio-style efficiency, perfect as an investment, a second home, or a personal residence. This charming unit is located in the heart of downtown Charlottesville, within the classic 1926 building that formerly housed the Monticello Hotel. Since its conversion to condominiums, this popular location offers historic charm with modern conveniences. You'll enjoy easy walkability to the downtown area, including music venues, theaters, the library, parks, shops, and restaurants. The unit itself is light-filled and offers mountain and rural views. Inside, the main room features floor-to-ceiling built-ins for abundant storage, and the full kitchen also provides ample storage space, including a pantry that could double as a small office. The COA covers water, sewer, electricity, trash, and Ting fiber internet. The building is secured, has an elevator, and is staffed by a friendly attendant during business hours. Parking is available on the street or at the Market Street Garage (a parking space is not included with the unit).
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,024
Year Built
- Built in 1926
HOA Fees
- $342 per month
Home Design
- Brick Exterior Construction
- Block Foundation
- Stick Built Home
Interior Spaces
- 1 Full Bathroom
- 431 Sq Ft Home
- 1-Story Property
- Electric Range
Schools
- Burnley-Moran Elementary School
- Walker & Buford Middle School
- Charlottesville High School
Utilities
- Central Air
- Heating Available
Community Details
- Court Square Condos Subdivision
Listing and Financial Details
- Assessor Parcel Number 530096505
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,256 | $229,500 | $57,500 | $172,000 |
| 2024 | $2,256 | $229,100 | $57,500 | $171,600 |
| 2023 | $1,888 | $196,000 | $52,000 | $144,000 |
| 2022 | $1,743 | $180,900 | $46,800 | $134,100 |
| 2021 | $1,678 | $175,900 | $46,800 | $129,100 |
| 2020 | $1,542 | $161,600 | $29,600 | $132,000 |
| 2019 | $1,542 | $161,600 | $29,600 | $132,000 |
| 2018 | $479 | $100,100 | $10,000 | $90,100 |
| 2017 | $908 | $94,900 | $9,100 | $85,800 |
| 2016 | $871 | $91,000 | $8,300 | $82,700 |
| 2015 | -- | $91,000 | $8,300 | $82,700 |
| 2014 | -- | $86,300 | $7,500 | $78,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $239,000 | -0.4% | $555 / Sq Ft | |
| 11/12/2025 11/12/25 | For Sale | $240,000 | 0.0% | $557 / Sq Ft | |
| 11/12/2025 11/12/25 | Price Changed | $240,000 | -3.6% | $557 / Sq Ft | |
| 11/04/2025 11/04/25 | Off Market | $249,000 | -- | -- | |
| 10/03/2025 10/03/25 | For Sale | $249,000 | +13.2% | $578 / Sq Ft | |
| 01/03/2023 01/03/23 | Sold | $220,000 | -2.2% | $510 / Sq Ft | View Prior Sale |
| 12/08/2022 12/08/22 | Pending | -- | -- | -- | |
| 10/29/2022 10/29/22 | Price Changed | $225,000 | -5.9% | $522 / Sq Ft | |
| 10/04/2022 10/04/22 | Price Changed | $239,000 | -2.4% | $555 / Sq Ft | |
| 08/26/2022 08/26/22 | For Sale | $245,000 | 0.0% | $568 / Sq Ft | |
| 03/04/2021 03/04/21 | Rented | $1,200 | 0.0% | -- | |
| 03/01/2021 03/01/21 | Under Contract | -- | -- | -- | |
| 02/07/2021 02/07/21 | For Rent | $1,200 | 0.0% | -- | |
| 06/22/2020 06/22/20 | Sold | $179,000 | 0.0% | $415 / Sq Ft | View Prior Sale |
| 05/08/2020 05/08/20 | Pending | -- | -- | -- | |
| 04/28/2020 04/28/20 | For Sale | $179,000 | -- | $415 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | Stewart Title Guaranty Company | |
| Grant Deed | $179,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | No Value Available | |
| Closed | $134,250 | No Value Available |
Source: Charlottesville area Association of Realtors®
MLS Number: 669711
APN: 530-096-505
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.
- 500 Court Square Unit 901
- 408 E Market St Unit 305
- 409 Park St
- 615 E High St
- 619 E High St
- 619 E High St Unit 2
- 801 E Jefferson St
- 237 E Jefferson St Unit 19
- 253 E Jefferson St Unit 27
- 249 E Jefferson St Unit 2526
- 550 Water St E Unit 201
- 503 2nd St NE
- 301 2nd St NW Unit C
- 410 Altamont Cir
- 511 N 1st St Unit 509
- 409 Park St
- 313 E Main St Unit A
- 701 E High St
- 112 5th St SE Unit 3E
- 300 4th St SE
- 119 W Main St Unit K
- 108 2nd St SW
- 100 Avon St
- 511 1st St N Unit 314
- 460 Garrett St
- 511 N 1st St
- 511 1st St N
- 609 Wine Cellar Cir Unit B
- 106 Perry Dr
- 459 Locust Ave
- 630 Park St Unit O
- 630 Park St Unit L
- 136 Goodman St Unit B
- 603 Locust Ave Unit 603A
- 225 Douglas Ave Unit B