NOT LISTED FOR SALE

500 Crestwood Dr Unit 2505 Charlottesville, VA 22903

Barracks Road Neighborhood

Estimated Value: $550,000 - $637,000

2 Beds
2 Baths
1,346 Sq Ft
$1,415/mo HOA Fee

Last Sold July 19, 2022

Last sale price $490,000 $364 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,913/month

7 Days on Market

Highlights

  • 24-Hour Security
  • Outdoor Pool
  • Wood Flooring
  • Journey Middle School Rated A-
  • Ridge View
  • 1 Car Attached Garage

About This Home

As of July 2022

University Village offers a resident every amenity they could wish for. It is a premier living facility in a PERFECT LOCATION. This unit boasts some of the most beautiful views of the Blue Ridge that one can get and glance down for lovely gardens. The balcony is the perfect spot for evening relaxation. Generous living room with separate dining room all looking out at the Blue Ridge. Hardwood floors in public rooms and 2nd bedroom. Tile in kitchen and baths. Cabinets replaced by this owner. University Village offers such an array of amenities form a lift concierge driver, pool and activities, fitness center, guest suites for family to visit, a very gracious dinning area and much more. A great place to live!!

Last Agent to Sell the Property

Jane Porter Fogleman

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE License #0225032230 Listed on: 06/09/2022

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE

Last Buyer's Agent

Cynthia Viejo

NEST REALTY GROUP License #0225002752

NEST REALTY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 1991

HOA Fees

  • $1,415 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ridge
  • Mountain
  • Garden

Home Design

  • Poured Concrete

Interior Spaces

  • 1,346 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Insulated Windows
  • Casement Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool

Schools

  • Greer Elementary School
  • Jouett Middle School
  • Albemarle High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02505

Community Details

Overview

  • University Village Subdivision

Recreation

  • Community Pool

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,082

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,415 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 1346
  • L V T Date: 06/10/2022
  • Parcel Number: 02505
  • Price Per Sq Ft: 364.04
  • Total Sq Ft: 1346
  • Type of Construction: On Site Built
  • Zoning: PUD Planned Unit Development
  • Subdivision: UNIVERSITY VILLAGE
  • Comments: No
  • Concatenated Rooms1: |Foyer1|Living Roo1|Dining Roo1|Kitchen1|Laundry1|Bedroom1|Bedroom1|
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Laundry: Dryer, Washer
  • Basement Type: Inside Access, Outside Entrance
  • Room 1: Foyer,On Level: 1
  • Room 2: Living Room,On Level: 1
  • Room 3: Dining Room,On Level: 1
  • Room 4: Kitchen,On Level: 1
  • Room 5: Laundry,On Level: 1
  • Room 6: Bedroom,On Level: 1
  • Room 7: Bedroom,On Level: 1
  • Total Finished Sq Ft: 1346
  • Above Grade Finished Sq Ft: 1346
  • Foundation: Poured Concrete
  • Kitchen Cabinets Counters: Solid Surface Counter, White Cabinets
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number Beds: 2
  • Number Beds Main Level: 2
  • Full Bathrooms: 2
  • Room Types: Bedroom, Dining Room, Foyer, Kitchen, Laundry, Living Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Foyer (L1), Kitchen (L1), Laundry (L1), Living Room (L1)
  • Source of Sq Ft: Builder

Exterior Features

  • Pool: Yes
  • Pool: Community
  • Structure Deck Porch: Porch
  • Structure Floors: Carpet, Ceramic Tile, Wood
  • Structure Security: 24-hr Security, Front Desk
  • Structure Window Ceiling: 9' Ceilings, Casement Windows, Insulated Windows
  • View: Blue Ridge View, Garden View, Mountain View

Garage/Parking

  • Garage: Yes
  • Garage Features: Attached
  • Number of Car Spaces: 1

Utilities

  • Cooling: Central AC
  • Heating: Central Heat, Forced Air
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: COA
  • Association Frequency: Monthly
  • Association Fee: 1415

Building Info

  • Year Built: 1991

Tax Info

  • Year: 21
  • Taxes: 4082

MLS Schools

  • HighSchool: Albemarle
  • Middle School: Jouett
  • Elementary School: Greer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 13, 2022
Sold by
Shirley S French Trust
Bought by
Bundy James Frederic and Bundy Ava Jane
Seller's Agent
Jane Porter Fogleman
HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Buyer's Agent
Cynthia Viejo
NEST REALTY GROUP
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Current Estimated Value
$579,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,791
Avg. Annual Appreciation
5.70%
Original Mortgage
$290,000
Interest Rate
1.2%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 2018
Sold by
Edeleanu John A
Bought by
French Shirley S and Shieley S French Trust 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bundy James Frederic $490,000 Chicago Title
French Shirley S $350,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bundy James Frederic $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2022 07/19/22 Sold $490,000 +3.2% $364 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $475,000 -- $353 / 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 $5,412 $605,400 $118,000 $487,400
2024 $5,063 $592,800 $118,000 $474,800
2023 $4,283 $501,500 $92,000 $409,500
2022 $4,082 $478,000 $90,000 $388,000
2021 $3,740 $437,900 $77,500 $360,400
2020 $3,446 $403,500 $85,000 $318,500
2019 $2,983 $349,300 $85,000 $264,300
2018 $3,259 $400,600 $85,000 $315,600
2017 $3,157 $376,300 $85,000 $291,300
2016 $3,235 $385,600 $85,000 $300,600
2015 $2,319 $283,200 $65,000 $218,200
2014 -- $283,200 $65,000 $218,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jane Porter Fogleman

    HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE

    (434) 981-1274

    1 in this area

    32 Total Sales

    Jane Porter Fogleman
    Section Image
  • Cynthia Viejo

    Buyer's Agent in 2022

    Cynthia Viejo

    NEST REALTY GROUP

    (434) 981-2419

    1 in this area

    31 Total Sales

    Cynthia Viejo
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 631471

Charlottesville area Association of Realtors®

APN: 060B2-01-00-02505

Virginia Albemarle County Charlottesville 22903 Barracks Road

500 Crestwood Dr Unit 2505, Charlottesville, VA

Not Listed for Sale

Condos

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