501 Ridge St Charlottesville, VA 22902
Fifeville NeighborhoodEstimated payment $2,981/month
Highlights
- Main Floor Primary Bedroom
- Hot Water Heating System
- 5-minute walk to Tonsler Park
- Charlottesville High School Rated A-
About This Home
This gem has returned to the market at no fault of the seller! Assessed at $566,300!! Rare opportunity to own a piece of all-brick history on Ridge Street in Charlottesville! Featuring 5 bedrooms and 2 full bathrooms this property is in need of TLC but is a wonderful investment opportunity. It would make for a fantastic full time residence, rental or fix and flip. Walking distance to UVA, shopping and dining. The metal roof appears to have been recently painted. The retaining wall around the property is topped with quartz for a timeless appeal. Huge bedrooms with high (approximately 12ft) ceilings. Potential to add an additional finished room/bedroom in the walk up attic. The possibilities for this home are huge!! Call your favorite Realtor to take a tour today! Sold as-is.
Listing Agent
Weichert Realtors Nancy Beahm Real Estate License #0225242767 Listed on: 04/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,411
Year Built
- Built in 1925
Lot Details
- 7,405 Sq Ft Lot
- Zoning described as High Density Residentail District
Home Design
- Stick Built Home
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Schools
- Summit Elementary School
- Walker & Buford Middle School
- Charlottesville High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
Community Details
- Fifeville Subdivision
Listing and Financial Details
- Assessor Parcel Number 51540-290137000
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,622 | $566,300 | $130,000 | $436,300 |
| 2024 | $5,622 | $558,800 | $156,300 | $402,500 |
| 2023 | $5,275 | $542,000 | $143,800 | $398,200 |
| 2022 | $4,381 | $448,900 | $118,800 | $330,100 |
| 2021 | $4,394 | $454,900 | $204,700 | $250,200 |
| 2020 | $4,332 | $448,400 | $200,700 | $247,700 |
| 2019 | $4,248 | $439,600 | $196,800 | $242,800 |
| 2018 | $1,934 | $399,600 | $178,900 | $220,700 |
| 2017 | $3,868 | $399,600 | $178,900 | $220,700 |
| 2016 | $3,499 | $360,700 | $146,600 | $214,100 |
| 2015 | $3,661 | $360,700 | $146,600 | $214,100 |
| 2014 | $3,661 | $375,700 | $152,700 | $223,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Price Changed | $475,000 | -1.0% | $170 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $480,000 | -1.8% | $172 / Sq Ft |
| 08/08/2025 08/08/25 | Price Changed | $489,000 | -0.1% | $175 / Sq Ft |
| 07/18/2025 07/18/25 | Price Changed | $489,500 | -0.1% | $175 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $490,000 | -1.0% | $175 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $495,000 | 0.0% | $177 / Sq Ft |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $495,000 | 0.0% | $177 / Sq Ft |
| 04/17/2025 04/17/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $495,000 | -- | $177 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $300,000 | Multiple | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | Credit Line Revolving |
Source: Harrisonburg-Rockingham Association of REALTORS®
MLS Number: 662760
APN: 290-137-000
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