NOT LISTED FOR SALE

505 Bennett St Charlottesville, VA 22901

Locust Grove Neighborhood

Estimated Value: $556,697 - $607,000

3 Beds
2.5 Baths
1,638 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2020

Last sale price $429,000 $262 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,590 / mo

79 Days on Market

Highlights

  • New Construction
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Charlottesville High School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of December 2020

Introducing the Birch floorplan in beautiful Lochlyn Hills. Under construction now to be ready for an October move in. A wonderful, open floorplan design with fantastic. Enjoy high end finishes including beautiful sand in place hardwood floors, stone counters, gas fireplace and a retreat like owner's suite. Plenty of storage with a full unfinished basement. All this at a great price in a low maintenance community just minutes from downtown Charlottesville. Basement can be finished for additional living space!

Last Agent to Sell the Property

Jeff Mattie

CORE REAL ESTATE PARTNERS LLC License #0225217112 Listed on: 08/25/2020

Last Buyer's Agent

Josh Tracy

CORE REAL ESTATE PARTNERS LLC License #0225227853

Home Details

Home Type

  • Single Family

Year Built

  • 2020

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned Pud Planned Unit Development

Home Design

  • Poured Concrete
  • Blown-In Insulation
  • HardiePlank Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary bathroom on main floor

Eco-Friendly Details

  • Green Features
  • ENERGY STAR Qualified Equipment
  • No or Low VOC Paint or Finish

Outdoor Features

  • Awning

Utilities

  • Central Air
  • Ducts Professionally Air-Sealed
  • Heat Pump System
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include area maint, master ins. policy, play area, reserve fund, road maint, trash pickup
  • $500 HOA Transfer Fee
  • Built by Southland Homes

Listing and Financial Details

  • Assessor Parcel Number 48A039033

Home Details

Home Type

Single Family

Year Built

2020

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Class: Residential
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1638
  • Below Grade Total Sq Ft: 1112
  • L V T Date: 07/07/2020
  • New Construction: Yes
  • Parcel Number: 48A039033
  • Price Per Sq Ft: 261.9
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 2750
  • Total Unfinished Sq Ft: 1112
  • Type of Construction: On Site Built
  • Zoning: Pud Planned Unit Development
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Unfinished Below Grade Sq Ft: 1112
  • Fireplace: Gas
  • Basement Type: Unfinished
  • Room 1: Kitchen, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 4: Laundry, On Level: 1
  • Room 5: Master Bedroom, On Level: 1
  • Room 6: Master Bath, On Level: 1
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Full Bath, On Level: 2
  • Total Finished Sq Ft: 1638
  • Above Grade Finished Sq Ft: 1638
  • Basement: Yes
  • Fireplace Location: Living Room
  • Foundation: Poured Concrete
  • Kitchen Appliances Feat: Dishwasher, Disposal, Gas Range, Island, Microwave, Refrigerator
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2.5
  • Number of Main Level Bathrooms: 1
  • Number Beds: 3
  • Number Beds Main Level: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Dining Room (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Source of Sq Ft: Builder

Exterior Features

  • Homebuilder: Southland Homes
  • Exterior: Hardie Plank
  • Number Of Acres: 0.1
  • Roof: Architectural Style
  • Structure Deck Porch: Deck, Porch - Front
  • Structure Floors: Ceramic Tile, Hardwood

Utilities

  • Cooling: Central Ac
  • Heating: Heat Pump
  • Cable Available: Cable, Fiber-Optic
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 500
  • Association Fee: Hoa
  • Association Includes: Area Maint, Master Ins. Policy, Play Area, Reserve Fund, Road Maint, Trash Pickup

Green Features

  • Green Appliances: Energy Star Certified
  • Green Construction: Blown Insulation, Low Voc Paints/Finishes
  • Green Cooling: Ducts Prof. Air-Sealed, Energy Star Equipment
  • Green Exterior: Awnings/Overhangs
  • Green Features: Yes

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 17, 2020
Sold by
Bought by
Seller's Agent
Jeff Mattie
CORE REAL ESTATE PARTNERS LLC
Buyer's Agent
Josh Tracy
CORE REAL ESTATE PARTNERS LLC
List Price
$429,000
Sold Price
$429,000
Current Estimated Value
$586,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,424
Avg. Annual Appreciation
5.94%
Original Mortgage
$343,200
Outstanding Balance
$299,870
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$286,554

Purchase Details

Closed on
Dec 8, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$429,000 --
$515,000 Old Republic Nat L Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $343,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $429,000 0.0% $262 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $429,000 -- $262 / Sq Ft
Source: Charlottesville area Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,741 $572,600 $202,500 $370,100
2025 $5,741 $534,100 $171,000 $363,100
2024 $5,306 $488,300 $171,000 $317,300
2023 $4,542 $465,600 $157,500 $308,100
2022 $4,264 $436,700 $144,000 $292,700
2021 $1,269 $126,000 $126,000 $0
2020 $1,197 $126,000 $126,000 $0
2019 $1,330 $140,000 $140,000 $0
2018 $665 $140,000 $140,000 $0
2017 $361 $38,000 $38,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Mattie

    Seller's Agent in 2020

    Jeff Mattie

    CORE REAL ESTATE PARTNERS LLC

    (434) 466-8256

    2 in this area

    178 Total Sales

    Jeff Mattie
    Section Image
  • Josh Tracy

    Buyer's Agent in 2020

    Josh Tracy

    CORE REAL ESTATE PARTNERS LLC

    (434) 249-9300

    2 in this area

    82 Total Sales

    Josh Tracy
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 605755

Charlottesville area Association of Realtors®

APN: 48A039033

Virginia Albemarle County Charlottesville 22901 Locust Grove

505 Bennett St, Charlottesville, VA

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.