500 Court Square Unit 505 Charlottesville, VA 22902
North Downtown Neighborhood
--
Bed
1
Bath
431
Sq Ft
$342/mo
HOA Fee
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 2023PRICE 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
BRADEN PROPERTY MANAGEMENT License #0225064233 Listed on: 08/26/2022
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
- High Speed Internet
- Cable TV Available
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,011
Avg. Annual Appreciation
4.81%
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%
Similar Homes in Charlottesville, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $220,000 | Stewart Title Guaranty Company | |
| Grant Deed | $179,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | No Value Available | |
| Closed | $134,250 | No Value Available |
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
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
-
Seller's Agent in 2023
Steven Braden
BRADEN PROPERTY MANAGEMENT
(434) 973-3003
1 in this area
61 Total Sales
-
C
Buyer's Agent in 2023
Claudia Amacher
REAL BROKER, LLC
(720) 377-4885
1 in this area
19 Total Sales
-
C
Buyer's Agent in 2023
CLAUDIA TROY
REAL BROKER, LLC
-
Seller's Agent in 2020
Tommy Brannock
LORING WOODRIFF REAL ESTATE ASSOCIATES
(434) 981-1486
5 in this area
251 Total Sales
-
Buyer's Agent in 2020
Grier Murphy
NEST REALTY GROUP
(434) 466-5850
7 in this area
145 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 634147
APN: 530-096-505
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