NOT LISTED FOR SALE

511 1st St N Unit 309 Charlottesville, VA 22902

North Downtown Neighborhood

Estimated Value: $234,000 - $257,000

1 Bed
1 Bath
656 Sq Ft
$422/mo HOA Fee

Last Sold May 02, 2024

Last sale price $235,000 $358 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,902/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Central Air
  • Charlottesville High School Rated A-
  • 1-Story Property
  • 4-minute walk to McGuffey Park

About This Home

As of May 2024

Discover the epitome of urban convenience and serene living in this charming condo nestled in highly coveted North Downtown Charlottesville. Enjoy one-level living and a private balcony offering lush green views. With its prime location just moments away from downtown attractions, and a leisurely stroll to UVA, enjoy the perfect blend of low-maintenance lifestyle and vibrant urban living.

Last Agent to Sell the Property

MEREDITH WYNNE

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225240714 Listed on: 04/08/2024

Last Buyer's Agent

Nick Harlowe

OPENING DOORS REAL ESTATE License #0225259136

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1967

HOA Fees

  • $422 Monthly HOA Fees

Home Design

  • Poured Concrete

Interior Spaces

  • 656 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Burnley-Moran Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include electricity, exterior maint, gas, snow removal, trash pickup, water/sewer
  • $100 HOA Transfer Fee
  • Charlottesville Towers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 330001309

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,753

Year Built

Built in 1967

Lot Details

0

HOA Fees

$422 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 656
  • L V T Date: 04/11/2024
  • Parcel Number: 330001309
  • Price Per Sq Ft: 358.23
  • Total Sq Ft: 656
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: CHARLOTTESVILLE TOWERS
  • Comments: Yes
  • Concatenated Rooms1: |Pri Bed1|Pri Bath1|Living Roo1|Kitchen1|
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room 1: Pri Bed,On Level: 1
  • Room 2: Pri Bath,On Level: 1
  • Room 3: Living Room,On Level: 1
  • Room 4: Kitchen,On Level: 1
  • Total Finished Sq Ft: 656
  • Above Grade Finished Sq Ft: 656
  • Foundation: Poured Concrete
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 1
  • Full Bathrooms: 1
  • Room Types: Kitchen, Living Room
  • Room Types Level1: Kitchen (L1), Living Room (L1)
  • Source of Sq Ft: Public Records

Utilities

  • Cooling: Central AC
  • Heating: Natural Gas
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 100
  • Association Fee: COA
  • Association Frequency: Monthly
  • Association Includes: Electricity, Exterior Maint, Gas, Snow Removal, Trash Pickup, Water/Sewer
  • Association Fee: 422

Building Info

  • Year Built: 1967

Tax Info

  • Year: 2023
  • Taxes: 1752.96

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Burnley-Moran

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Apr 29, 2024
Sold by
700 Wc 3C Llc
Bought by
Madany Bahij
Seller's Agent
MEREDITH WYNNE
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Nick Harlowe
OPENING DOORS REAL ESTATE
List Price
$235,000
Sold Price
$235,000
Views
12
Current Estimated Value
$246,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,514
Avg. Annual Appreciation
3.07%
Original Mortgage
$235,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2018
Sold by
Lux Tyler A
Bought by
700 3C Llc

Purchase Details

Closed on
May 21, 2002
Bought by
Lux Gayle S and Lux Tyler A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Madany Bahij $235,000 Old Republic National Title In
700 3C Llc -- Stewart Title Guaranty Co
Lux Gayle S $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Madany Bahij $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $235,000 0.0% $358 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $235,000 -- $358 / 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 $2,179 $220,700 $50,000 $170,700
2024 $2,179 $219,100 $50,000 $169,100
2023 $1,753 $180,900 $45,000 $135,900
2022 $1,568 $161,600 $35,000 $126,600
2021 $1,507 $156,900 $35,000 $121,900
2020 $1,480 $154,100 $37,200 $116,900
2019 $1,480 $154,100 $37,200 $116,900
2018 $740 $154,100 $37,200 $116,900
2017 $1,448 $150,696 $33,840 $116,856
2016 $1,286 $129,900 $25,600 $104,300
2015 $1,286 $129,900 $25,600 $104,300
2014 $1,286 $122,600 $23,300 $99,300
Source: Public Records

Agents Affiliated with this Home

  • MEREDITH WYNNE

    Seller's Agent in 2024

    MEREDITH WYNNE

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 260-3443

    6 in this area

    53 Total Sales

    MEREDITH WYNNE
    Section Image
  • Nick Harlowe

    Buyer's Agent in 2024

    Nick Harlowe

    OPENING DOORS REAL ESTATE

    (540) 223-5989

    1 in this area

    8 Total Sales

    Nick Harlowe
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 651486

Charlottesville area Association of Realtors®

APN: 330-001-309

Virginia Charlottesville County Charlottesville 22902 North Downtown

511 1st St N Unit 309, Charlottesville, VA

Not Listed for Sale

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