NOT LISTED FOR SALE

Charlottesville Towers 511 N 1st St Unit 509 Charlottesville, VA 22902

North Downtown Neighborhood

Estimated Value: $209,000 - $253,218

1 Bed
1 Bath
658 Sq Ft
$377/mo HOA Fee

Last Sold August 28, 2019

Last sale price $162,588 $247 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,846/month

11 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Brick Exterior Construction
  • Ceramic Tile Flooring
  • Charlottesville High School Rated A-
  • Living Room
  • 4-minute walk to McGuffey Park

About This Home

As of August 2019

Live a short walk to the Downtown Mall! Perched high above one of Charlottesville's iconic streets in one of its most popular buildings, this fifth-floor unit offers efficient living and incredible convenience. Highlights include abundant natural light, flexible living space, and a private balcony. The building has a secure entry, generous lobby, on-site laundry, ample parking, and two elevators. Utilities, including electricity, gas, and water, are included in the condominium association dues, in addition to area maintenance, professional management, and trash pickup. This is a terrific opportunity to live in coveted North Downtown for a tremendous price. The owner can accommodate a quick closing, if desired.

Last Agent to Sell the Property

Macon Gunter

NEST REALTY GROUP License #0225200400 Listed on: 07/15/2019

NEST REALTY GROUP

Last Buyer's Agent

Robert Headrick

NEST REALTY GROUP License #0225068474

NEST REALTY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,268

Year Built

  • 1967

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 658 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 330001509

Community Details

Overview

  • Association fees include area maint, comm. laundry room, dumpster, electricity, exterior maint, gas, master ins. policy, prof. mgmt., reserve fund, security system, snow removal, trash pickup, water/sewer

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,268

Year Built

1967

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Class: Residential
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 658
  • Design: Contemporary
  • L V T Date: 07/15/2019
  • Nameof Property: Charlottesville Towers
  • Parcel Number: 330001509
  • Price Per Sq Ft: 247.09
  • Property Included: All kitchen appliances.
  • Total Sq Ft: 658
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1967

Interior Features

  • Room 1: Kitchen, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: Full Bath, On Level: 1
  • Total Finished Sq Ft: 658
  • Above Grade Finished Sq Ft: 658
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Gas Range, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Wood Cabinets
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number Beds: 1
  • Number Beds Main Level: 1
  • Full Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Living Room (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Structure Floors: Carpet Over Wood, Ceramic Tile, Parquet
  • Structure Security: Buzz-In Door, Smoke Detector(s)

Utilities

  • Cooling: Central Ac
  • Heating: Central Heat
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Fee: Coa
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Comm. Laundry Room, Dumpster, Electricity, Exterior Maint, Gas, Master Ins. Policy, Prof. Mgmt., Reserve Fund, Security System, Snow Removal, Trash Pickup, Water/Sewer
  • Association Fee: 377

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 21, 2019
Sold by
Taylor William R
Bought by
Filardo Albert M and Filardo Jodie S
Seller's Agent
Macon Gunter
NEST REALTY GROUP
Buyer's Agent
Robert Headrick
NEST REALTY GROUP
List Price
$174,500
Sold Price
$162,588
Premium/Discount to List
-$11,912
-6.83%
Current Estimated Value
$231,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,217
Avg. Annual Appreciation
6.62%
Original Mortgage
$130,000
Outstanding Balance
$114,818
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$122,369

Purchase Details

Closed on
Jun 13, 2016
Sold by
Powell Vernon M
Bought by
Taylor William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Bought by
Powell Vernon M
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
Filardo Albert M $162,588 --
Taylor William R $156,500 Chicago Title Ins Co
Powell Vernon M $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Filardo Albert M $130,000
Previous Owner Taylor William R $125,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $162,588 -3.8% $247 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $169,000 -3.2% $257 / Sq Ft
07/14/2019 07/14/19 For Sale $174,500 -- $265 / 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 $2,268 $229,800 $50,000 $179,800
2024 $2,268 $220,000 $50,000 $170,000
2023 $1,804 $186,200 $45,000 $141,200
2022 $1,614 $166,400 $35,000 $131,400
2021 $1,552 $161,600 $35,000 $126,600
2020 $1,478 $153,900 $37,200 $116,700
2019 $1,478 $153,900 $37,200 $116,700
2018 $739 $153,900 $37,200 $116,700
2017 $1,447 $150,588 $33,840 $116,748
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

  • Macon Gunter

    Seller's Agent in 2019

    Macon Gunter

    NEST REALTY GROUP

    (434) 242-7772

    3 in this area

    115 Total Sales

    Macon Gunter
    Section Image
  • Robert Headrick

    Buyer's Agent in 2019

    Robert Headrick

    NEST REALTY GROUP

    (434) 242-8501

    7 in this area

    142 Total Sales

    Robert Headrick
    Section Image
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About Charlottesville Towers

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 593119

Charlottesville area Association of Realtors®

APN: 330-001-509

Virginia Charlottesville County Charlottesville 22902 North Downtown

511 N 1st St Unit 509, Charlottesville, VA

This home is located at 511 N 1st St Unit 509, Charlottesville, VA 22902 since 15 July 2019 and is currently estimated at $231,805, approximately $352 per square foot. This property was built in 1967. 511 N 1st St Unit 509 is a home located in Charlottesville City with nearby schools including Burnley-Moran 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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