NOT LISTED FOR SALE

500 Court Square Unit 505 Charlottesville, VA 22902

North Downtown Neighborhood

Estimated Value: $216,000 - $279,000

-- Bed
1 Bath
431 Sq Ft
$342/mo HOA Fee

Last Sold January 03, 2023

Last sale price $220,000 $510 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,848/month

104 Days on Market

Highlights

  • Mountain View
  • Brick Exterior Construction
  • 1-Story Property
  • Charlottesville High School Rated A-
  • Ceramic Tile Flooring
  • 1-minute walk to Jackson Park

About This Home

As of January 2023

PRICE JUST REDUCED! This light-filled downtown condo is located within historic Court Square and overlooks Downtown Charlottesville. The landmark building also offers views of Monticello and Carter Mountain. Just steps from local restaurants, shopping, music and theater venues, the CODE building, and so much more. Great investment opportunity - condo is currently tenant occupied through 4/24/2023. The 5th floor, 431 finished sqft studio features a sunny interior, parquet and tile flooring, a living room/bedroom space with floor to ceiling built-ins, a kitchen with a repurposed pantry that is perfect for an office nook or crafting area, and a bathroom with a pedestal sink and tub/shower combo. HOA covers: water/sewer, gas, electric, trash, and Ting fiber internet. There is a laundry room within the building. There is no in-unit washer/dryer. Parking is located on street or one block away in the Market Street Parking garage (parking space not included).

Last Agent to Sell the Property

Steven Braden

BRADEN PROPERTY MANAGEMENT License #0225064233 Listed on: 08/26/2022

Last Buyer's Agent

Claudia Amacher

REAL BROKER, LLC License #0225251325

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1926

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 431 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Electric Range
  • Formica Countertops

Schools

  • Burnley-Moran Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include electricity, gas, water/sewer
  • $58 HOA Transfer Fee
  • Court Square Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 530096505

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,743

Year Built

Built in 1926

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 431
  • Historic District: Yes
  • L V T Date: 08/26/2022
  • Parcel Number: 530096505
  • Price Per Sq Ft: 510.44
  • Total Sq Ft: 431
  • Type of Construction: On Site Built
  • Zoning: DH Downtown Corridor Mixed Use Historic
  • Subdivision: COURT SQUARE CONDOS
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 431
  • Above Grade Finished Sq Ft: 431
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Electric Range, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, White Cabinets
  • Level: 1 Story
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Structure Floors: Ceramic Tile, Parquet
  • View: Mountain View, Urban View

Utilities

  • Cooling: Central AC
  • Heating: Central Heat
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 58
  • Association Contact: Alex Roark CMCA 500courtsquarecondos@gmail.com
  • Association Fee: COA
  • Association Frequency: Monthly
  • Association Includes: Electricity, Gas, Water/Sewer
  • Association Fee: 342

Schools

  • Elementary School: Burnley-Moran
  • Middle School: Walker & Buford
  • High School: Charlottesville

Building Info

  • Year Built: 1926

Tax Info

  • Year: 2022
  • Taxes: 1743.08

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Burnley-Moran

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Dec 15, 2022
Sold by
Wispelway Seth J
Bought by
Lee Seung Hun
Seller's Agent
Steven Braden
BRADEN PROPERTY MANAGEMENT
Buyer's Agent
Claudia Amacher
REAL BROKER, LLC
List Price
$245,000
Sold Price
$220,000
Premium/Discount to List
-$25,000
-10.2%
Views
45
Current Estimated Value
$248,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,330
Avg. Annual Appreciation
5.01%
Original Mortgage
$150,000
Outstanding Balance
$145,458
Interest Rate
6.33%
Estimated Equity
$102,872

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jun 8, 2020
Sold by
Rebecca Dolan
Bought by
Wispelwey Seth J
Seller's Agent
Tommy Brannock
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Grier Murphy
NEST REALTY GROUP
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Source: Public Records

Similar Homes in the area

  • 553 Millstone Ct, Charlottesville, VA 22901

    $280,000

    • 2 Beds
    • 1.5 Baths
    • 1,180 Sq Ft
    • 553 Millstone Ct
    • Charlottesville, VA

    This home is ideally located in the peaceful Brookmill community, just minutes from Whole Foods, Stonefield shopping and dining, public transportation, and steps from the Rivanna Trail. The bright, sunny main level creates a warm, inviting atmosphere, perfect for everyday living and entertaining. Enjoy quiet mornings or evening relaxation on the private back patio while living in one of the most

    Peter Cathcart STEVENS & COMPANY-CHARLOTTESVILLE

    Section Image
  • 111 Turtle Creek Rd Unit 112, Charlottesville, VA 22901

    $260,000

    • 2 Beds
    • 2 Baths
    • 979 Sq Ft
    • 111 Turtle Creek Rd
    • Unit 112
    • Charlottesville, VA

    Fantastic opportunity to purchase recently updated condo in Turtle Creek! New flooring, fresh paint, new range! Enjoy living on the top floor with balcony and wood burning fireplace. Lots of light through glass doors in living room. Cathedral ceilings give a spacious, open feel. Kitchen has freshly painted cabinets, and primary bedroom has large, walk-in closet. Ready to move in! Turtle

    Amy McLeskey THE NEW HOUSE COMPANY

    Section Image
  • 820 E High St Unit 1, Charlottesville, VA 22902

    $265,000

    • 1 Bed
    • 1 Bath
    • 670 Sq Ft
    • 820 E High St
    • Unit 1
    • Charlottesville, VA

    Live in a glass treehouse at “The Eight Twenty”, a contemporary boutique building with elevator a block from the Downtown Mall! Move in ready 1 bedroom corner unit with a very functional layout features: tastefully updated bathroom in 2022, new HVAC with Ecobee in 2021, 1 dedicated parking space, private in unit laundry, bamboo flooring, kitchen island, secure call box access and mail room. Foyer

    JENNY MARAGHY COMPASS

    Section Image
  • 511 N 1st St Unit 411, Charlottesville, VA 22902

    $270,000

    • 1 Bed
    • 1 Bath
    • 670 Sq Ft
    • 511 N 1st St
    • Unit 411
    • Charlottesville, VA

    Come see this super convenient updated North Downtown 1 BR / 1 BA condo! On quiet historic street just four blocks from the Downtown Mall restaurants and shops. Large sliding glass door and windows to 4th floor covered balcony with beautiful view of mature oak trees surrounding the property. Modern kitchen has stainless appliances and gas range. Spacious living area allows for flexibility and

    Joey Conover NEST REALTY GROUP

    Section Image
  • 511 1st St N Unit 411, Charlottesville, VA 22902

    $270,000

    • 1 Bed
    • 1 Bath
    • 670 Sq Ft
    • 511 1st St N
    • Unit 411
    • Charlottesville, VA

    Come see this super convenient updated North Downtown 1 BR / 1 BA condo! On quiet historic street just four blocks from the Downtown Mall restaurants and shops. Large sliding glass door and windows to 4th floor covered balcony with beautiful view of mature oak trees surrounding the property. Modern kitchen has stainless appliances and gas range. Spacious living area allows for flexibility and

    Joey Conover NEST REALTY GROUP

    Section Image
  • 8436 Gulf Blvd Unit 523, Navarre, FL 32566

    $308,000

    • 1 Bed
    • 2 Baths
    • 738 Sq Ft
    • 8436 Gulf Blvd
    • Unit 523
    • Navarre, FL

    Discover Gulf Island Condo #523, a beautifully updated 1BR/2BA unit with hall bunk beds, offering extra sleeping space. Located on the second floor, this condo features a well appointed kitchen with granite countertops & stainless steel appliances, plus the convenience of an in-unit washer & dryer. Enjoy relaxing on your private balcony or take a short walk across the street to the Gulf! A

    Diane Waschenko COLDWELL BANKER REALTY

    Section Image
  • 260 Riverbend Dr Unit 3C, Charlottesville, VA 22911

    $293,000

    • 2 Beds
    • 2 Baths
    • 1,124 Sq Ft
    • 260 Riverbend Dr
    • Unit 3C
    • Charlottesville, VA

    Welcome to your new home! This end unit condo features two bedrooms and two full baths, providing a comfortable living space. The light-filled living room includes a Blue Ridge Mountain mural that highlights the area?s natural beauty. You can enjoy your morning coffee or evening sunset on the private balcony, which is accessible from the living area. Large windows throughout the condo allow for

    LUKE COLE FOUR CORNERS REAL ESTATE SOLUTIONS, LLC

    Section Image
  • 280 Riverbend Dr Unit 4C, Charlottesville, VA 22911

    $250,000

    • 1 Bed
    • 1 Bath
    • 925 Sq Ft
    • 280 Riverbend Dr
    • Unit 4C
    • Charlottesville, VA

    This is the condo you have been waiting for! Light filled with large windows to enjoy a river view for the majority of the year and beautiful wooded view during the summer. Adorned with many great features. You will enjoy the spacious living room with adjoining dining area. The upgraded kitchen has beautiful quartz counters, subway tile backsplash and a fantastic sink with great finishes. The

    Joy Collins SAMSON PROPERTIES

    Section Image
  • 1612 Monticello Ave, Charlottesville, VA 22902

    $250,000

    • 2 Beds
    • 2 Baths
    • 829 Sq Ft
    • 1612 Monticello Ave
    • Charlottesville, VA

    Discover comfort, convenience, and style in this turnkey, two-bedroom condo at Monticello Overlook that features some of the area?s most exceptional views. This light-filled unit features an open floor plan and floor-to-ceiling sliding glass doors that lead to a private balcony, where you can relax with morning coffee or enjoy breathtaking sunsets with panoramic views of the Southwest Mountains.

    Macon Gunter NEST REALTY GROUP

    Section Image
See All Homes in Charlottesville

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Seung Hun $220,000 Stewart Title Guaranty Company
Wispelwey Seth J $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Seung Hun $150,000
Closed Wispelwey Seth J $134,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $220,000 -2.2% $510 / Sq Ft
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
05/08/2020 05/08/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $179,000 -- $415 / 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 $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
Source: Public Records

Agents Affiliated with this Home

  • Steven Braden

    Seller's Agent in 2023

    Steven Braden

    BRADEN PROPERTY MANAGEMENT

    (434) 973-3003

    1 in this area

    60 Total Sales

    Steven Braden
    Section Image

  • C

    Buyer's Agent in 2023

    Claudia Amacher

    REAL BROKER, LLC

    (720) 377-4885

    1 in this area

    22 Total Sales

    Claudia Amacher
    Section Image

  • C

    Buyer's Agent in 2023

    CLAUDIA TROY

    REAL BROKER, LLC

  • Tommy Brannock

    Seller's Agent in 2020

    Tommy Brannock

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 981-1486

    5 in this area

    248 Total Sales

    Tommy Brannock
    Section Image
  • Grier Murphy

    Buyer's Agent in 2020

    Grier Murphy

    NEST REALTY GROUP

    (434) 466-5850

    7 in this area

    141 Total Sales

    Grier Murphy
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 634147

Charlottesville area Association of Realtors®

APN: 530-096-505

Virginia Charlottesville County Charlottesville 22902 North Downtown

500 Court Square Unit 505, Charlottesville, VA

This home is located at 500 Court Square Unit 505, Charlottesville, VA 22902 since 26 August 2022 and is currently estimated at $248,330, approximately $576 per square foot. This property was built in 1926. 500 Court Square Unit 505 is a home located in Charlottesville City with nearby schools including Burnley-Moran 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.

Nearby Homes