5000 Watts Passage Charlottesville, VA 22911
Northeast Charlottesville NeighborhoodEstimated Value: $1,206,000 - $1,653,554
5
Beds
4
Baths
3,888
Sq Ft
$368/Sq Ft
Est. Value
About This Home
This home is located at 5000 Watts Passage, Charlottesville, VA 22911 and is currently estimated at $1,429,777, approximately $367 per square foot. 5000 Watts Passage is a home located in Albemarle County with nearby schools including Baker-Butler Elementary School, Lakeside Middle School, and Albemarle High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 19, 2017
Sold by
Jefferson Area Builders Inc
Bought by
Rutan Neil and Rutan Wendy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,499
Outstanding Balance
$688,262
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$741,515
Purchase Details
Closed on
Dec 9, 2016
Sold by
Barwick William R
Bought by
Jefferson Area Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
May 21, 2012
Sold by
Barwick William R
Bought by
Lehman Shane G and Lehman Jessica J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rutan Neil | $860,473 | None Available | |
| Jefferson Area Builders Inc | $248,000 | Chicago Title | |
| Lehman Shane G | $32,490 | Old Republic National Title | |
| Treece Matthew D | $45,664 | Old Republic National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rutan Neil | $817,499 | |
| Previous Owner | Jefferson Area Builders Inc | $580,000 |
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 | $9,491 | $1,269,400 | $361,700 | $907,700 |
| 2024 | -- | $1,152,700 | $281,300 | $871,400 |
| 2023 | $8,462 | $1,111,200 | $249,400 | $861,800 |
| 2022 | $7,572 | $1,009,200 | $249,400 | $759,800 |
| 2021 | $7,105 | $955,400 | $249,400 | $706,000 |
| 2020 | $6,502 | $929,200 | $249,400 | $679,800 |
| 2019 | $6,175 | $865,300 | $213,400 | $651,900 |
| 2018 | $2,918 | $864,300 | $239,800 | $624,500 |
| 2017 | $80 | $179,100 | $179,100 | $0 |
| 2016 | $81 | $9,700 | $9,700 | $0 |
| 2015 | $45 | $11,100 | $11,100 | $0 |
| 2014 | -- | $11,100 | $11,100 | $0 |
Source: Public Records
Map
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