$575,000
SOLD FEB 28, 2025

505 Petyward Ln Crozet, VA 22932

2 Beds
2 Baths
1,826 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$315 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Two Primary Bedrooms
  • HERS Index Rating of 0 | Net Zero energy home
  • Eat-In Kitchen
  • Brownsville Elementary School Rated A-
  • Screened Porch
  • Double Pane Windows

About This Home

As of February 2025

Come visit this elegant, energy efficient home, complete with solar panels, located in the tranquil East Village of Old Trail! This is a rare opportunity to acquire a stunning, spacious, single level living home, that has been meticulously maintained. This light filled home offers endless opportunities and flexibility for cooking, dining, working, relaxing and entertaining. The kitchen boasts an abundance of granite counter tops and cabinet space. Enjoy accessible, zero entry from the front and back of the home. There is storage galore with two large walk-in closets, two additional hall closets, and storage space above the garage, with pull down steps for easy access. An over-sized garage provides ample space for bikes, tools, shelving, an extra refrigerator and more, while easily housing two vehicles. This home overlooks an inviting green space, with no traffic passing by your front door. Walk to community restaurants, coffee shop, acac gym, dentist, optometrist and a mercantile shop, all just a few blocks away, in the expanding commercial center. With a community pool, golf course, playground, park and community garden, there is something for everyone. Open House: Sat.1/11 & Sun.1/12, 1-3 pm.

Last Agent to Sell the Property

Maureen Russell

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225225523 Listed on: 01/06/2025

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,349

Year Built

  • Built in 2019

HOA Fees

  • $102 per month

Parking

  • 2 Car Garage
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • HardiePlank Siding
  • Stick Built Home

Interior Spaces

  • 1,826 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Tilt-In Windows
  • Entrance Foyer
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Dual Flush Toilets

Schools

  • Brownsville Elementary School
  • Henley Middle School
  • Western Albemarle High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • HERS Index Rating of 0 | Net Zero energy home
  • 4,356 Sq Ft Lot

Community Details

  • Old Trail Subdivision, The Braeburn Floorplan

Listing and Financial Details

  • Assessor Parcel Number 055E0-01-18-01600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,349

Year Built

Built in 2019

Lot Details

0

HOA Fees

$102 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Accessibility Features: Accessible Electrical and Environmental Controls, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
  • Parcel Number: 055E0-01-18-01600
  • Property Sub Type: Attached
  • LotSizeAcres: 0.1
  • Subdivision Name: OLD TRAIL
  • Above Grade Finished Sq Ft: 1826.0
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Disposal, Induction Cooktop, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Double Vanity, Primary Downstairs, Multiple Primary Suites, Walk-In Closet(s), Breakfast Bar, Entrance Foyer, Eat-in Kitchen, Kitchen Island
  • Living Area: 1826.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1
  • Window Features: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Tilt-In Windows, Vinyl

Exterior Features

  • Roof: Composition, Shingle
  • View: Mountain(s), Residential
  • Disclosures: Seller Disclosure
  • Exclusions: Murphy Bed, Sconces in Primary Suite, Washer and Dryer
  • Common Walls: 1 Common Wall
  • Construction Type: Brick, HardiPlank Type, Stick Built
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Porch, Screened

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Electricity, Garage Faces Front, Garage, Garage Door Opener

Utilities

  • Heating: Central, Heat Pump
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Water Heater: Heat Pump
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 305.0

Schools

  • Elementary School: Brownsville
  • Middle Or Junior School: Henley

Lot Info

  • Lot Features: Landscaped
  • Land Lease Amount Frequency: Monthly
  • Zoning Description: R-1 Residential

Green Features

  • Green Water Conservation: Dual Flush Toilet
  • Green Building Verification Type: HERS Index Score

Building Info

  • Year Built: 2019

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5348.6

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • HighSchool: Western Albemarle

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Jan 22, 2025
Sold by
Kumar Srinivas N and Kumar Meera S
Bought by
Reistetter Family Trust and Reistetter
Seller's Agent
Maureen Russell
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Views
19
Current Estimated Value
$599,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,239
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Dec 31, 2018
Sold by
Southern Property Llc
Bought by
Kumar Srinivas N and Kumar Meera S

Purchase Details

Closed on
Jun 28, 2018
Sold by
East Village Llc
Bought by
Southern Property Llc and Southern Development Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Deed $575,000 Stewart Title Guaranty Company
Deed $477,843 Stewart Title Guaranty Compa
Deed $290,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $575,000 -3.4% $315 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $595,000 -- $326 / 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 $5,952 $665,800 $196,000 $469,800
2024 $5,349 $626,300 $190,000 $436,300
2023 $4,902 $574,000 $160,000 $414,000
2022 $3,861 $452,100 $150,000 $302,100
2021 $3,744 $438,400 $135,000 $303,400
2020 $3,770 $441,500 $127,500 $314,000
2019 $3,799 $444,800 $115,000 $329,800
2018 $1,217 $145,000 $145,000 $0
2017 $1,217 $145,000 $145,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 659857

Charlottesville area Association of Realtors®

APN: 055E0-01-18-01600