$225,000

Estimated payment $1,343/month

Total Views 14,489
0.14 Acre
$1,607,143 Price per Acre
6,098 Sq Ft Lot

About This Lot

Here is the attractive, conveniently located, level city lot you've been waiting for and yes, it is perfectly suited for your Charlottesville dream home! Situated on a quiet dead end street, 502 Hanover it is just minutes from the UVA Hospital, downtown and 5th Street Station. If you are more inclined to multi-family development, the R-B zoning allows for a baseline of 6 units, or if affordable housing is included, up to 12 units are permissible. Options and flexibility expand with the inclusion of the neighboring home 500 Hanover Street with an additional 0.18 acres, MLS 663069 and 663070) One or both provide an outstanding opportunity in a sought after city location no matter what your plans!

Listing Agent

HEGARTY & PEERY Real Estate Partners

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225181710[2491] Listed on: 04/11/2025

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,176

Schools

  • Johnson Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Additional Features

  • 6,098 Sq Ft Lot
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,176

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Vacant
  • Remarks Public: Here is the attractive, conveniently located, level city lot you've been waiting for and yes, it is perfectly suited for your Charlottesville dream home! Situated on a quiet dead end street, 502 Hanover it is just minutes from the UVA Hospital, downtown and 5th Street Station. If you are more inclined to multi-family development, the R-B zoning allows for a baseline of 6 units, or if affordable housing is included, up to 12 units are permissible. Options and flexibility expand with the inclusion of the neighboring home 500 Hanover Street with an additional 0.18 acres, MLS 663069 and 663070) One or both provide an outstanding opportunity in a sought after city location no matter what your plans!
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: No
  • Price Per Sq Ft: 1607142.86
  • Street Number Modifier: 502

Exterior Features

  • Construction Completed: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: CHARLOTTESVILLE CITY PUBLIC SCHOOLS
  • Elementary School: JOHNSON
  • Middle School: WALKER & BUFORD
  • High School: CHARLOTTESVILLE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138065239
  • School District Source: Listing Agent
  • Elementary School: JOHNSON
  • High School: CHARLOTTESVILLE
  • Middle Or Junior School: WALKER & BUFORD

Lot Info

  • Lot Size Acres: 0.14
  • Zoning: R
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1176.00
  • Tax Year: 2025

MLS Schools

  • School District Name: CHARLOTTESVILLE CITY PUBLIC SCHOOLS

Map

Range of Values:

Collateral Analytics

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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

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 $1,176 $120,000 $120,000 $0
2024 $1,176 $102,500 $102,500 $0
2023 $984 $102,500 $102,500 $0
2022 $912 $95,000 $95,000 $0
2021 $874 $92,000 $92,000 $0
2020 $637 $67,000 $67,000 $0
2019 $600 $63,200 $63,200 $0
2018 $250 $52,700 $52,700 $0
2017 $477 $50,200 $50,200 $0
2016 $404 $42,500 $42,500 $0
2015 $367 $40,500 $40,500 $0
2014 $367 $40,500 $40,500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 For Sale $225,000 +4.7% --
10/23/2024 10/23/24 Sold $215,000 -2.3% --
09/24/2024 09/24/24 Pending -- -- --
09/20/2024 09/20/24 Price Changed $220,000 -8.3% --
08/22/2024 08/22/24 For Sale $240,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- --
Deed -- --
Source: Public Records

Source: Bright MLS

MLS Number: 663068

Bright MLS

APN: 230-093-100