NOT LISTED FOR SALE

Estimated Value: $469,000 - $522,000

2 Beds
1 Bath
1,002 Sq Ft
$647/mo HOA Fee

Last Sold October 04, 2019

Last sale price $408,000 $407 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,816/month

23 Days on Market

Highlights

  • Panoramic View
  • Brick Exterior Construction
  • Entrance Foyer
  • Charlottesville High School Rated A-
  • Living Room
  • 1-minute walk to Jackson Park

About This Home

As of October 2019

500 Court Square is a landmark Charlottesville property, built on Downtown's highest point and conveniently located in the Historic District. An easy walk to a variety of dining choices and numerous entertainment venues. With sweeping views in three directions, this 9th floor unit overlooks historic Court Square to the north, Monticello and Carters Mountain to the east, and central Downtown to the south. It features open light-filled rooms with separate living and dining rooms.

Last Agent to Sell the Property

David Cooke

LONG & FOSTER - CHARLOTTESVILLE License #0225103820 Listed on: 07/29/2019

LONG & FOSTER - CHARLOTTESVILLE

Last Buyer's Agent

Roberta Brownfield

BROWNFIELD REALTY ADVISORS INC. License #0225116347

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,660

Year Built

  • 1926

HOA Fees

  • $647 Monthly HOA Fees

Property Views

  • Panoramic
  • Ridge
  • Mountain

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Double Hung Windows
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Radiant Heating System

Community Details

  • Association fees include area maint, electricity, exterior maint, master ins. policy, prof. mgmt., reserve fund, snow removal, trash pickup, water/sewer, yard maintenance
  • $50 HOA Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 530096904

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,660

Year Built

1926

Lot Details

0

HOA Fees

$647 per month

Listing Details

  • Class: Residential
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 1002
  • L V T Date: 07/29/2019
  • Parcel Number: 530096904
  • Price Per Sq Ft: 407.19
  • Property Included: appliances
  • Total Sq Ft: 1002
  • Type of Construction: On Site Built
  • Zoning: Dh Downtown Corridor Mixed Use Historic
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1926

Interior Features

  • Room 1: Foyer, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Dining Room, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Full Bath, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Total Finished Sq Ft: 1002
  • Above Grade Finished Sq Ft: 1002
  • Foundation: Brick, Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, White Cabinets, Wood Cabinets
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 2
  • Number Beds Main Level: 2
  • Full Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Foyer, Full Bath, Kitchen, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Foyer (L1), Full Bath (L1), Kitchen (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Structure Floors: Ceramic Tile, Laminate, Vinyl
  • Structure Window Ceiling: 8' Ceilings, Double-Hung Windows, Insulated Windows, Screens
  • View: Blue Ridge View, Mountain View, Urban View, Panoramic View

Utilities

  • Cooling: Central Ac
  • Heating: Central Heat, Hot Water, Radiant
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 50
  • Association Fee: Coa
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Electricity, Exterior Maint, Master Ins. Policy, Prof. Mgmt., Reserve Fund, Snow Removal, Trash Pickup, Water/Sewer, Yard Maintenance
  • Association Fee: 647

Schools

  • Elementary School: Burnley-Moran
  • Middle School: Walker & Buford
  • High School: Charlottesville
  • Other School: STAB,Covenant, Tandem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Sep 18, 2019
Sold by
Vallas Carolyn A
Bought by
Mucklo Margaret K
Seller's Agent
David Cooke
LONG & FOSTER - CHARLOTTESVILLE
Buyer's Agent
Roberta Brownfield
BROWNFIELD REALTY ADVISORS INC.
List Price
$429,900
Sold Price
$408,000
Premium/Discount to List
-$21,900
-5.09%
Current Estimated Value
$501,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,145
Avg. Annual Appreciation
3.65%
Original Mortgage
$306,000
Outstanding Balance
$269,251
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$231,894

Purchase Details

Closed on
May 17, 2002
Bought by
Vallas Carolyn A
Source: Public Records

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Range of Values:

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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
Mucklo Margaret K $408,000 --
Vallas Carolyn A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mucklo Margaret K $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $408,000 -5.1% $407 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $429,900 -- $429 / 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 $4,660 $474,900 $57,500 $417,400
2024 $4,660 $469,900 $57,500 $412,400
2023 $4,388 $456,400 $52,000 $404,400
2022 $4,070 $423,300 $46,800 $376,500
2021 $3,955 $415,600 $46,800 $368,800
2020 $3,884 $408,500 $71,600 $336,900
2019 $3,887 $408,500 $71,600 $336,900
2018 $1,146 $240,500 $22,000 $218,500
2017 $2,173 $228,100 $20,000 $208,100
2016 $1,972 $218,900 $18,200 $200,700
2015 $1,972 $218,900 $18,200 $200,700
2014 $1,972 $207,600 $16,500 $191,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 593711

Charlottesville area Association of Realtors®

APN: 530-096-904