NOT LISTED FOR SALE

550 Water St E Unit 401 Charlottesville, VA 22902

North Downtown Neighborhood
1 Bed
1 Bath
1,090 Sq Ft
$251/mo HOA Fee

Last Sold September 22, 2021

Last sale price $605,000 $555 Per Sq Ft

127 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Living Room
  • Charlottesville High School Rated A-
  • Eat-In Kitchen
  • 2-minute walk to Shenandoah National Park Trust

About This Home

As of September 2021

The 550 is an ultra-premium, boutique-scale residential condo building located 1 block off of the Downtown Mall. This dramatic, glass & brick structure designed by Formwork and constructed by Martin Horn was recently awarded the most influential residential project of 2018 by the Urban Land Institute. This 1 bedroom, 1 bath, 4th floor offering enjoys views of Charlottesville's bustling downtown scene. This pricing is for a completed unit, not vanilla box. Huge windows, an open floor plan, 1 secure garage parking space. There is only 1 other unit on the 4th floor.

Last Agent to Sell the Property

Lindsay Milby

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225191928 Listed on: 04/03/2021

Co-Listed By

Loring Woodriff

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225058612

Last Buyer's Agent

SANDRA LAUER

KEETON & CO REAL ESTATE License #0225211870

KEETON & CO REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2019

HOA Fees

  • $251 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Casement Windows
  • Living Room
  • Dining Room
  • Walk-Out Basement

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Home Security

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Green Features

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 401

Community Details

Overview

  • Association fees include area maint, exterior maint, master ins. policy, prof. mgmt., reserve fund, trash pickup
  • $753 HOA Transfer Fee
  • Built by MARTIN HORN
  • The 550 Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,000

Year Built

Built in 2019

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 1090
  • L V T Date: 04/03/2021
  • Nameof Property: The 550
  • Parcel Number: 401
  • Price Per Sq Ft: 555.05
  • Property Included: All kitchen appliances
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 1240
  • Total Unfinished Sq Ft: 150
  • Type of Construction: On Site Built
  • Zoning: D Downtown Corridor Mixed Use
  • Subdivision: THE 550
  • Comments: Yes
  • Concatenated Rooms1: |Master Bed4|Full Bath4|Laundry4|Kitchen4|Living Roo4|Dining Roo4|
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Laundry: Stack Unit Hookup
  • Basement Type: Inside Access, Outside Entrance, Walk Out
  • Room 1: Master Bedroom, On Level: 4
  • Room 2: Full Bath, On Level: 4
  • Room 3: Laundry, On Level: 4
  • Room 4: Kitchen, On Level: 4
  • Room 5: Living Room, On Level: 4
  • Room 6: Dining Room, On Level: 4
  • Total Finished Sq Ft: 1090
  • Above Grade Finished Sq Ft: 1090
  • Basement: Yes
  • Foundation: Insulated Concrete Form
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Eat-in, Gas Range, Island, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Solid Surface Counter
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 1
  • Full Bathrooms: 1
  • Room Types: Dining Room, Full Bath, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level2: Dining Room (L2+), Full Bath (L2+), Kitchen (L2+), Laundry (L2+), Living Room (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Builder

Exterior Features

  • Homebuilder: MARTIN HORN
  • Exterior: Brick, Glass
  • Structure Security: Buzz-in Door, Smoke Detector(s)
  • Structure Window Ceiling: 9' Ceilings, Casement Windows, Screens
  • View: Urban View

Garage/Parking

  • Garage: Yes
  • Below Grade Unfinished Garage: 150
  • Garage Features: Attached, Auto Door, Electricity, In Basement, Large Vehicle
  • Number of Car Spaces: 1
  • Total Below Grade Garage: 150

Utilities

  • Cooling: Heat Pump
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cable Available: Cable, DSL, Fiber-Optic
  • Gas: NaturalGas
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 753
  • Association Fee: COA
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Exterior Maint, Master Ins. Policy, Prof. Mgmt., Reserve Fund, Trash Pickup
  • Association Fee: 251

Schools

  • Other School: Village School & Renaissance w/in walking distance

Green Features

  • Green Construction: Rigid Insulation
  • Green Features: Yes

Building Info

  • Year Built: 2019

Tax Info

  • Year: 2021
  • Taxes: 3000

MLS Schools

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $605,000 -6.8% $555 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $649,000 -- $595 / Sq Ft
Source: Charlottesville area Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lindsay Milby

    Seller's Agent in 2021

    Lindsay Milby

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 962-9148

    22 in this area

    252 Total Sales

    Lindsay Milby
    Section Image
  • Loring Woodriff

    Seller Co-Listing Agent in 2021

    Loring Woodriff

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 466-2992

    15 in this area

    151 Total Sales

    Loring Woodriff
    Section Image
  • SANDRA LAUER

    Buyer's Agent in 2021

    SANDRA LAUER

    KEETON & CO REAL ESTATE

    (434) 260-5371

    3 in this area

    48 Total Sales

    SANDRA LAUER
    Section Image

  • S

    Buyer's Agent in 2021

    Sandy Lauer

    KEETON & CO REAL ESTATE

    (434) 221-7437

    2 in this area

    46 Total Sales

    Sandy Lauer
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 615675

Charlottesville area Association of Realtors®
Virginia Charlottesville County Charlottesville 22902 North Downtown

550 Water St E Unit 401, Charlottesville, VA

Not Listed for Sale

Condos

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.

Nearby Homes