NOT LISTED FOR SALE

5674 Three Notch D Rd Crozet, VA 22932

Estimated Value: $845,000 - $856,924

2 Beds
1 Bath
977 Sq Ft
$871/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $700,000 $716 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,052/month

117 Days on Market

Highlights

  • 0.91 Acre Lot
  • Ridge View
  • 1-Story Property
  • Joseph T. Henley Middle School Rated A
  • Concrete Block With Brick

About This Home

As of February 2022

THIS PROPERTY IS A FANTASTIC COMMERCIAL OFFERING IN THE NEW DOWNTOWN CROZET DISTRICT, WHICH allows for many uses, including a potential for building a four story office building on the .91 acre of property. It is served by public water and sewer, and has a paved ingress and egress to Three Notch'd Rd. in the Crozet Downtown Area. Originally built as a two bedroom home, the one level structure contains a kitchen, great room and two bedrooms, totaling just under 1000 finished sq. ft. There is a large covered front porch and a large, open, rear deck. There also two storage buildings , and a paved parking lot. In the past this property has served as a pediatric doctor's clinic, and currently is used a preschool facility. SHOWN by appointment only. Currently the building houses a pre-school, and prior to that it was used as a doctor's clinic. Under the new Albemarle County zoning designation of Downtown Crozet District, there are multiple possibilities for the land and the house: ice cream or pizza parlor, doctor's clinic, small restaurant, etc.

Last Agent to Sell the Property

Jim Faulconer

MCLEAN FAULCONER INC., REALTOR License #0225209215 Listed on: 06/25/2021

Last Buyer's Agent

Ian Wren

THE BUILDING MANAGEMENT COMPANY License #0225020992

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 1950

Lot Details

  • 0.91 Acre Lot
  • Property is zoned Downtown Crozet District

Home Design

  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 977 Sq Ft Home
  • 1-Story Property
  • Ridge Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 056A2-01-00-03300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,876

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 977
  • Design: Cottage
  • L V T Date: 06/25/2021
  • Nameof Property: IVY SCHOOL HOUSE (TENANT)
  • Parcel Number: 056A2-01-00-03300
  • Price Per Sq Ft: 716.48
  • Property Included: Kitchen appliances
  • Total Sq Ft: 977
  • Type of Construction: On Site Built
  • Zoning: Downtown Crozet District
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 977
  • Above Grade Finished Sq Ft: 977
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 2
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.91
  • View: Blue Ridge View

Utilities

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

Schools

  • Elementary School: Crozet
  • Middle School: Henley
  • High School: Western Albemarle

Lot Info

  • Deed Book: 3345
  • Deed Book Page: 465

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2021
  • Taxes: 3876

MLS Schools

  • HighSchool: Western Albemarle
  • Middle School: Henley
  • Elementary School: Crozet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jan 24, 2022
Sold by
Leisure Marketa K
Bought by
Downtown Crozet District Llc
Seller's Agent
Jim Faulconer
MCLEAN FAULCONER INC., REALTOR
Buyer's Agent
Ian Wren
THE BUILDING MANAGEMENT COMPANY
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%
Current Estimated Value
$850,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,962
Avg. Annual Appreciation
5.39%
Original Mortgage
$365,000
Outstanding Balance
$337,551
Interest Rate
3.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$513,411
Source: Public Records

Range of Values:

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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
Downtown Crozet District Llc $700,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downtown Crozet District Llc $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $700,000 -6.5% $716 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $749,000 -3.4% $767 / Sq Ft
06/25/2021 06/25/21 For Sale $775,000 -- $793 / 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 $6,646 $743,400 $513,000 $230,400
2024 -- $734,300 $513,000 $221,300
2023 $6,135 $718,400 $513,000 $205,400
2022 $5,318 $622,700 $493,300 $129,400
2021 $3,884 $454,800 $453,800 $1,000
2020 $3,875 $453,800 $453,800 $0
2019 $3,875 $453,800 $453,800 $0
2018 $3,808 $453,800 $453,800 $0
2017 $3,807 $453,800 $453,800 $0
2016 $3,808 $453,900 $453,900 $0
2015 $1,859 $453,900 $453,900 $0
2014 -- $453,900 $453,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Faulconer

    Seller's Agent in 2022

    Jim Faulconer

    MCLEAN FAULCONER INC., REALTOR

    (434) 981-0076

    7 in this area

    171 Total Sales

    Jim Faulconer
    Section Image
  • Ian Wren

    Buyer's Agent in 2022

    Ian Wren

    THE BUILDING MANAGEMENT COMPANY

    (434) 906-2607

    2 in this area

    5 Total Sales

    Ian Wren
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 619191

Charlottesville area Association of Realtors®

APN: 056A2-01-00-03300

Virginia Albemarle County Crozet 22932

5674 Three Notch D Rd, Crozet, VA

This home is located at 5674 Three Notch D Rd, Crozet, VA 22932 since 25 June 2021 and is currently estimated at $850,962, approximately $870 per square foot. This property was built in 1950. 5674 Three Notch D Rd is a home located in Albemarle County with nearby schools including Crozet Elementary School, Joseph T. Henley Middle School, and Western Albemarle 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.

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