NOT LISTED FOR SALE

502 Lochlyn Hill Dr Charlottesville, VA 22901

Locust Grove Neighborhood

Estimated Value: $782,000 - $1,140,461

6 Beds
4.5 Baths
3,564 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $924,369 $259 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,300/month

Highlights

  • New Construction
  • Multiple Fireplaces
  • Home Office
  • Charlottesville High School Rated A-
  • Recreation Room
  • Front Porch

About This Home

As of April 2023

New pre-sale in the sought after city neighborhood of Lochlyn Hill! Elegant. Unique. Custom built home designed and built for your lifestyle and needs. Respected local builder who offers great attention to detail and thoughtfully designed living spaces with high end finishes throughout. Standard features include 2" x 6" exterior walls, Pella windows, open concept home with high ceilings, sunlit rooms, and fabulous kitchens with quartz counters, beautiful cabinetry, stainless KitchenAid appliances and walk in pantry! Community to include greenway park and trails along Meadowcreek. Walkable to schools and City's greenway.

Last Agent to Sell the Property

Denise Ramey

LONG & FOSTER - CHARLOTTESVILLE WEST License #0225102217 Listed on: 05/17/2022

LONG & FOSTER - CHARLOTTESVILLE WEST

Last Buyer's Agent

Erin Hall

NEST REALTY GROUP License #0225211583

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,035

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Passive Radon Mitigation
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Multiple Fireplaces
  • Low Emissivity Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level
  • Private Water Closet

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Eco-Friendly Details

  • Green Features
  • No or Low VOC Paint or Finish

Outdoor Features

  • Playground
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 48A040017

Community Details

Overview

  • Association fees include area maint, master ins. policy, play area, prof. mgmt., snow removal, trash pickup
  • $550 HOA Transfer Fee
  • Built by ARCADIA BUILDERS
  • Lochlyn Hill Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,035

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2598
  • Below Grade Total Sq Ft: 1299
  • Electricity: Elec Underground
  • L V T Date: 05/17/2022
  • New Construction: Yes
  • Parcel Number: 48A040017
  • Price Per Sq Ft: 259.36
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 4402
  • Total Unfinished Sq Ft: 838
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: LOCHLYN HILL
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Family Roo1|Kitchen1|Dining Roo1|Home Offic1|Half Bath1|Laundry1|Master Bed2|Master BTH2|Bedroom2|Bedroom2|Bedroom2|Full Bath2|Full Bath2|Rec RoomB|BedroomB|BedroomB|Utility RoB|Full BathB|
  • Structures Deck Porch: Porch - Front
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 333
  • Fireplace: One
  • Laundry: Dryer Hookup, Large Sink, Washer Hookup
  • Basement Type: Finished, Full
  • Room 1: Foyer,On Level: 1
  • Room 2: Family Room,18'4x20'7,On Level: 1
  • Room 3: Kitchen,15'8x10,On Level: 1
  • Room 4: Dining Room,15'8x16,On Level: 1
  • Room 5: Home Office,10'6x8'7,On Level: 1
  • Room 6: Half Bath,On Level: 1
  • Room 7: Laundry,On Level: 1
  • Room 8: Master Bedroom,15'8x14,On Level: 2
  • Room 9: Master Bath,On Level: 2
  • Room 10: Bedroom,10'7x11'6,On Level: 2
  • Room 11: Bedroom,12'5x10'8,On Level: 2
  • Room 12: Bedroom,12'7x11'7,On Level: 2
  • Room 13: Full Bath,On Level: 2
  • Room 14: Full Bath,On Level: 2
  • Room 15: Rec Room,20'4x16'4,On Level: Basement
  • Room 16: Bedroom,10'1x13,On Level: Basement
  • Room 17: Bedroom,12'9x11,On Level: Basement
  • Room 19: Full Bath,On Level: Basement
  • Total Finished Sq Ft: 3564
  • Above Grade Finished Sq Ft: 2598
  • Basement: Yes
  • Bathroom: Water Closet
  • Below Grade Finished Sq Ft: 966
  • Fireplace Location: Family Room
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Dishwasher, Disposal, Gas Range, Island, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Quartz Counter, Wood Cabinets
  • Land Description: Landscaped
  • Level: 2 Story
  • Bathrooms: 4.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 6
  • Number Beds Below Grade: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Room 18: Utility Room,On Level: Basement
  • Room Types: Bedroom, Dining Room, Family Room, Foyer, Full Bath, Half Bath, Home Office, Kitchen, Laundry, Master Bedroom, Rec Room, Utility Room, Master Bath
  • Room Types Level1: Dining Room (L1), Family Room (L1), Foyer (L1), Half Bath (L1), Home Office (L1), Kitchen (L1), Laundry (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Master Bedroom (L2+), Master Bath (L2+)
  • Room Types Level B: Bedroom (LB), Full Bath (LB), Rec Room (LB), Utility Room (LB)
  • Source of Sq Ft: Builder

Exterior Features

  • Homebuilder: ARCADIA BUILDERS
  • Exterior: Fiber Cement, Stucco
  • Number Of Acres: 0.14
  • Roof: Architectural Style
  • Structure Features: Walk-in Closet
  • Structure Window Ceiling: Low-E Windows, Screens
  • Yard: Landscaped

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 505
  • Garage Features: Attached, Faces Side
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 505
  • Driveway Parking: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA/COA Amenities: Picnic Area, Play Area, Walk/Run Trails
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 550
  • Association Fee: HOA
  • Association Frequency: Quarterly
  • Association Includes: Area Maint, Master Ins. Policy, Play Area, Prof. Mgmt., Snow Removal, Trash Pickup
  • Association Fee: 185

Schools

  • Elementary School: Greenbrier (Charlottesville)
  • Middle School: Walker & Buford
  • High School: Charlottesville

Green Features

  • Green Appliances: Tankless Water Heater
  • Green Construction: Low VOC paints/finishes
  • Green Features: Yes
  • Green Foundation: Passive Radon Mitigation
  • Green Other: Carbon Monoxide Detector, Programmable Thermostat

Building Info

  • Year Built: 2022

Tax Info

  • Year: 2022

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Greenbrier (Charlottesville)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Apr 26, 2023
Sold by
Arcadia Builders Inc
Bought by
Guseman Daniel B and Friedel Miriam Rose
Seller's Agent
Denise Ramey
LONG & FOSTER - CHARLOTTESVILLE WEST
Buyer's Agent
Erin Hall
NEST REALTY GROUP
List Price
$915,000
Sold Price
$924,369
Premium/Discount to List
$9,369
1.02%
Views
92
Current Estimated Value
$999,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,746
Avg. Annual Appreciation
5.42%
Original Mortgage
$715,000
Outstanding Balance
$696,402
Interest Rate
6.32%
Estimated Equity
$351,116

Purchase Details

Closed on
Aug 2, 2022
Sold by
Lochlyn Hill Development Group Llc
Bought by
Arcadia 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
$732,000
Interest Rate
5.3%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Guseman Daniel B $919,668 Stewart Title Guaranty Company
Arcadia Builders Inc $171,328 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guseman Daniel B $715,000
Previous Owner Arcadia Builders Inc $732,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $924,369 +1.0% $259 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $915,000 -- $257 / 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 $10,035 $1,015,200 $190,000 $825,200
2024 $10,035 $914,900 $190,000 $724,900
2023 $1,680 $175,000 $175,000 $0
2022 $1,536 $160,000 $160,000 $0
2021 $1,330 $140,000 $140,000 $0
2020 $1,330 $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Denise Ramey

    Seller's Agent in 2023

    Denise Ramey

    LONG & FOSTER - CHARLOTTESVILLE WEST

    (434) 960-4333

    38 in this area

    671 Total Sales

    Denise Ramey
    Section Image

  • D

    Seller's Agent in 2023

    DENISE RAMEY TEAM

    LONG & FOSTER - CHARLOTTESVILLE WEST

  • Erin Hall

    Buyer's Agent in 2023

    Erin Hall

    NEST REALTY GROUP

    (434) 249-4919

    6 in this area

    166 Total Sales

    Erin Hall
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 630463

Charlottesville area Association of Realtors®

APN: 48A040017

Virginia Charlottesville County Charlottesville 22901 Locust Grove

502 Lochlyn Hill Dr, Charlottesville, VA

This home is located at 502 Lochlyn Hill Dr, Charlottesville, VA 22901 since 17 May 2022 and is currently estimated at $999,115, approximately $280 per square foot. This property was built in 2022. 502 Lochlyn Hill Dr is a home located in Charlottesville City with nearby schools including Greenbrier Elementary School, Buford Middle School, and Charlottesville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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