NOT LISTED FOR SALE

516 Valley Rd Charlottesville, VA 22903

Jefferson Park Avenue Neighborhood

Estimated Value: $572,000 - $648,000

4 Beds
2 Baths
1,697 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2022

Last sale price $550,000 $324 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,808 / mo

133 Days on Market

Highlights

  • Multiple Fireplaces
  • Wood Flooring
  • Brick Exterior Construction
  • Charlottesville High School Rated A-
  • Sun or Florida Room
  • Laundry Room

About This Home

As of March 2022

RARE Opportunity literally steps from The University. Classic two-story Brick Charmer Circa 1939 on quiet tree lined lane, includes four bedrooms, two full baths, fireplace, fully equipped basement apartment with private entrance. Off Street Parking to accommodate 3-4 cars. Fenced Sunny Backyard and Patio off Kitchen. Owner Improvements include Main Kitchen, Roof, HVAC, and Basement Apartment with kitchen. Currently investment property with continuous rental income. Possible to Return to Single Family Residence and lower level living space or lower level income producing apartment with private entrance, on separate electric meter. Premiere UVA location, ONE BLOCK from UVA Lawn, Hospital, and Grounds (see map in attached docs)! Walk to The Corner. On City and UVA Bus Lines. Venable Elementary, Walker & Buford Middle Schools and Charlottesville H. S. Property sold 'as is'. Shown By Appointment Only.

Last Agent to Sell the Property

Elizabeth Feil-Matthews

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225203090 Listed on: 09/22/2021

Last Buyer's Agent

Sydney Robertson

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225211572

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 1939

Lot Details

  • 7,841 Sq Ft Lot
  • Open Lot
  • Garden
  • Property is zoned R-1SU (University Small Lot ) Residential

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Multiple Fireplaces
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Schools

  • Venable Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 110076000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,580

Year Built

Built in 1939

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1080
  • Below Grade Total Sq Ft: 717
  • Design: Traditional
  • L V T Date: 09/24/2021
  • Nameof Property: LOCATION- ONE BLOCK to UVA LAWN!
  • Parcel Number: 110076000
  • Price Per Sq Ft: 324.1
  • Total Sq Ft: 1797
  • Total Unfinished Sq Ft: 100
  • Type of Construction: On Site Built
  • Zoning: R-1SU (University Small Lot ) Residential
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Foyer1|Dining Roo1|Sun Room1|Kitchen1|Laundry1|Full Bath2|Bedroom2|Bedroom2|Bedroom2|In-House AB|BedroomB|KitchenB|Full BathB|LaundryB|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Unfinished Below Grade Sq Ft: 100
  • Fireplace: One
  • Laundry: Dryer, Washer
  • Basement Type: Finished, Full, Walk Out
  • Room 1: Foyer, W/FP, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Sun Room, On Level: 1
  • Room 4: Kitchen, On Level: 1
  • Room 5: Laundry, On Level: 1
  • Room 6: Full Bath, On Level: 2
  • Room 7: Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Room 10: In-House Apt., On Level: Basement
  • Room 11: Bedroom, On Level: Basement
  • Room 12: Kitchen, On Level: Basement
  • Room 13: Full Bath, On Level: Basement
  • Room 14: Laundry, On Level: Basement
  • Total Finished Sq Ft: 1697
  • Above Grade Finished Sq Ft: 1080
  • Basement: Yes
  • Below Grade Finished Sq Ft: 617
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Land Description: Garden Spot, Open
  • Level: 1.5 Story
  • Bathrooms: 2
  • Below Grade Bathrooms: 1
  • Number Beds: 4
  • Number Beds Below Grade: 1
  • Full Bathrooms: 2
  • Room Types: Basement Apt., Bedroom, Dining Room, Family Room, Foyer, Full Bath, In-House Apt., Kitchen, Laundry, Sun Room
  • Room Types Level1: Dining Room (L1), Foyer (L1), Kitchen (L1), Laundry (L1), Sun Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Room Types Level B: Bedroom (LB), Full Bath (LB), In-House Apt. (LB), Kitchen (LB), Laundry (LB)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Brick
  • Number Of Acres: 0.18
  • Roof: Architectural Style
  • Structure Floors: Carpet Over Wood, Ceramic Tile, Hardwood
  • View: Residential View

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1939

Tax Info

  • Year: 2021
  • Taxes: 3580

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Venable

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
Sep 22, 2021
Closed on
Mar 14, 2022
Sold by
Bought by
Seller's Agent
Elizabeth Feil-Matthews
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Sydney Robertson
LORING WOODRIFF REAL ESTATE ASSOCIATES
List Price
$687,000
Sold Price
$550,000
Premium/Discount to List
-$137,000
-19.94%
Current Estimated Value
$607,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,600
Avg. Annual Appreciation
2.33%
Original Mortgage
$357,500
Interest Rate
0.0369%

Purchase Details

Closed on
Feb 3, 2011
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$550,000 --
-- --
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 $140,540
Open $357,500
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
03/14/2022 03/14/22 Sold $550,000 0.0% $324 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
10/25/2021 10/25/21 Off Market $550,000 -- --
09/22/2021 09/22/21 For Sale $687,000 -- $405 / 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 $6,089 $607,800 $185,000 $422,800
2025 $6,089 $597,800 $185,000 $412,800
2024 $5,930 $500,200 $160,000 $340,200
2023 $4,834 $496,000 $158,000 $338,000
2022 $4,161 $425,900 $150,000 $275,900
2021 $3,628 $375,800 $117,000 $258,800
2020 $3,527 $365,200 $106,400 $258,800
2019 $3,342 $345,700 $92,000 $253,700
2018 $1,526 $315,300 $73,600 $241,700
2017 $3,020 $311,840 $70,100 $241,740
2016 $3,086 $305,100 $70,100 $235,000
2015 $3,086 $305,100 $70,100 $235,000
2014 $3,086 $305,100 $70,100 $235,000
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Feil-Matthews

    Seller's Agent in 2022

    Elizabeth Feil-Matthews

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 284-2105

    1 in this area

    74 Total Sales

    Elizabeth Feil-Matthews
    Section Image

  • E

    Seller's Agent in 2022

    ELIZABETH FEIL MATTHEWS

    LORING WOODRIFF REAL ESTATE ASSOCIATES

  • Sydney Robertson

    Buyer's Agent in 2022

    Sydney Robertson

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 284-0694

    9 in this area

    143 Total Sales

    Sydney Robertson
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 622430

Charlottesville area Association of Realtors®

APN: 110-076-000

Virginia Charlottesville County Charlottesville 22903 Jefferson Park Avenue

516 Valley Rd, 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.

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