NOT LISTED FOR SALE

505 Rocks Farm Dr Charlottesville, VA 22903

Estimated Value: $1,493,000 - $1,832,000

5 Beds
5.5 Baths
5,867 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $2,325,000 $396 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $10,264/month

Highlights

  • Commercial Range
  • Colonial Architecture
  • Main Floor Bedroom
  • Virginia L. Murray Elementary School Rated A
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of May 2024

MINUTES TO CHARLOTTESVILLE, UVA AND THE HOSPITALS. This ?new old house? is sited with views overlooking 100+ acres of preservation land and the mountains beyond. The Rocks neighborhood offers that rare balance of pastoral beauty, within minutes of town and amenities. Elegant proportions and details with an open, modern floor plan, 2 fire places, large screened porch and plenty of storage. The home is in impeccable condition. New improvements include extensive landscaping, shutters, paint. The versatile floor plan incorporates a 1st floor master, 2nd floor master wing with dual bathrooms and large walk-in closets, nanny/in-law suite and a charming nautical-themed bunk room. Built by Baird Snyder. Best value in Ivy!,Glass Front Cabinets,Quartz Counter,Soapstone Counter,Wood Cabinets,Fireplace in Basement,Fireplace in Family Room

Last Agent to Sell the Property

Peter Wiley

WILEY REAL ESTATE-CHARLOTTESVILLE License #0225089365[1888] Listed on: 02/04/2024

Last Buyer's Agent

Emily Dooley

NEST REALTY GROUP License #0225223605[7463]

NEST REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,013

Year Built

  • Built in 2012

Lot Details

  • 2.1 Acre Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Composition Roof
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven or Range
  • Commercial Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 5.5 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Side Facing Garage

Eco-Friendly Details

  • Energy-Efficient Construction
  • Green Energy Flooring

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Association fees include common area maintenance
  • The Rocks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,013

Year Built

Built in 2012

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Building Total Sq Ft: 7296.00
  • Exclusions: Basketball hoop and pole
  • Inclusions: Fire-pit
  • New Construction: No
  • Story List: Main
  • Year Built: 2012
  • Remarks Public: MINUTES TO CHARLOTTESVILLE, UVA AND THE HOSPITALS. This ?new old house? is sited with views overlooking 100+ acres of preservation land and the mountains beyond. The Rocks neighborhood offers that rare balance of pastoral beauty, within minutes of town and amenities. Elegant proportions and details with an open, modern floor plan, 2 fire places, large screened porch and plenty of storage. The home is in impeccable condition. New improvements include extensive landscaping, shutters, paint. The versatile floor plan incorporates a 1st floor master, 2nd floor master wing with dual bathrooms and large walk-in closets, nanny/in-law suite and a charming nautical-themed bunk room. Built by Baird Snyder. Best value in Ivy!,Glass Front Cabinets,Quartz Counter,Soapstone Counter,Wood Cabinets,Fireplace in Basement,Fireplace in Family Room
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Commercial Range, Dishwasher, Oven - Double, Oven/Range - Gas, Refrigerator, Water Heater - Tankless
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Walk-In Closet(s), Wet/Dry Bar, Breakfast Area, Kitchen - Eat-In, Kitchen - Island, Pantry, Entry Level Bedroom
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 6652
  • Living Area Sq Ft: 5867
  • Price Per Sq Ft: 519.14
  • Above Grade Finished Sq Ft: 4806
  • Above Grade Unfinished Sq Ft: 200
  • Below Grade Finished Sq Ft: 1061
  • Below Grade Sq Ft: 585
  • Total Below Grade Sq Ft: 1646
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Hardiplank Type
  • Construction Completed: No
  • Roof: Composite
  • Water Oriented: No
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Internet Services: Other

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes

Schools

  • School District: ALBEMARLE COUNTY PUBLIC SCHOOLS
  • Elementary School: MURRAY
  • Middle School: HENLEY
  • High School: WESTERN ALBEMARLE
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141540441
  • School District Source: Listing Agent
  • Elementary School: MURRAY
  • High School: WESTERN ALBEMARLE
  • Middle Or Junior School: HENLEY

Green Features

  • Efficiency: Construction, Flooring

Lot Info

  • Lot Size Acres: 2.10
  • Zoning: R
  • Zoning Description: Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8013.00
  • Tax Year: 2017
  • Close Date: 05/01/2024

MLS Schools

  • School District Name: ALBEMARLE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2018
Sold by
Muir Brockett and Muir Catherine L
Bought by
Park Ann Marie and Park Joseph S
Current Estimated Value
$1,682,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 25, 2011
Sold by
Lee Allan E and Lee Hilde G
Bought by
Muir Catherine L and Muir Brockett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,300
Interest Rate
4.53%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 30, 2009
Sold by
Westhall Investors Llc
Bought by
Lee Allan E and Lee Hilde G

Purchase Details

Closed on
Feb 2, 2009
Sold by
Church Hill Development Company Llc
Bought by
Westhall Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.2%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Park Ann Marie $960,000 Stewart Title Guaranty Co
Muir Catherine L $279,500 None Available
Lee Allan E -- --
Westhall Investors Llc $1,729,026 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Joseph S $147,475
Open Park Joseph S $796,700
Closed Park Ann Marie $816,000
Previous Owner Muir Catherine L $784,000
Previous Owner Muir Catherine L $15,000
Previous Owner Muir Catherine L $730,300
Previous Owner Westhall Investors Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $2,325,000 0.0% $396 / Sq Ft
02/04/2024 02/04/24 For Sale $2,325,000 -- $396 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
Source: Bright MLS

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 $12,647 $1,414,700 $163,800 $1,250,900
2024 $9,942 $1,164,200 $171,800 $992,400
2023 $9,422 $1,103,300 $167,800 $935,500
2022 $8,682 $1,016,600 $167,800 $848,800
2021 $7,920 $927,400 $163,800 $763,600
2020 $9,370 $1,097,200 $246,800 $850,400
2019 $8,733 $1,022,600 $246,800 $775,800
2018 $7,974 $945,800 $246,800 $699,000
2017 $8,013 $955,100 $246,800 $708,300
2016 $7,663 $913,300 $210,000 $703,300
2015 $3,730 $910,900 $210,000 $700,900
2014 -- $849,700 $183,800 $665,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 652456

Bright MLS

APN: 07400-00-00-018G6