NOT LISTED FOR SALE

625 Bailey Rd Charlottesville, VA 22903

Fifeville Neighborhood

Estimated Value: $306,000 - $322,000

3 Beds
1.5 Baths
1,200 Sq Ft
$259/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $295,000 $246 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,890/month

About This Home

As of January 2024

Rental available now! This updated townhouse features a fenced-in backyard, screened in porch, all hardwood floors, and 220V outlet already installed for an EV charger next to driveway. Not to mention solar panels installed to limit your electric costs! There are three bedrooms upstairs and updated bathrooms, all in a convenient location on 5th street. Pets are considered on a case by case basis, security deposit is equal to one month's rent.

Last Agent to Rent the Property

MATT KNEECE

REAL BROKER, LLC License #0225245618 Listed on: 12/10/2023

Last Renter's Agent

MATT KNEECE

REAL BROKER, LLC License #0225245618 Listed on: 12/10/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 1,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Listing and Financial Details

  • Property Available on 1/1/24

Community Details

Overview

  • Orangedale Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

5,663 Sq Ft Lot

Rental Info

  • LeaseAmount: 2250.0
  • Available Date: 2024-01-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached
  • LotSizeAcres: 0.13
  • Subdivision Name: ORANGEDALE
  • Above Grade Finished Sq Ft: 1200.0
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1200.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Common Walls: End Unit

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Conditional

Schools

  • Elementary School: Johnson (Charlottesville)
  • Middle Or Junior School: Walker & Buford

Building Info

  • Year Built: 1977

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • HighSchool: Charlottesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Nov 17, 2023
Sold by
Maliwad Poolatsya and Verma Niti
Bought by
Chidambaram Rajan and Chidambaram Sadayappan
Seller's Agent
Jessica Russo
NEST REALTY GROUP
Buyer's Agent
PERSINGER REAL E TEAM
REAL BROKER LLC
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Views
99
Current Estimated Value
$311,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,138
Avg. Annual Appreciation
2.31%
Original Mortgage
$236,000
Outstanding Balance
$231,337
Interest Rate
7.79%
Estimated Equity
$79,801

Purchase Details

Closed on
Aug 9, 2016
Sold by
Doris Rourke
Bought by
Poolatsya Maliwad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Bought by
Rourke Doris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chidambaram Rajan $295,000 Old Republic National Title In
Poolatsya Maliwad $131,000 Old Republic Nat L Title Ins
Rourke Doris $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chidambaram Rajan $236,000
Previous Owner Poolatsya Maliwad $98,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2024 01/22/24 Rented $2,250 0.0% --
12/10/2023 12/10/23 For Rent $2,250 0.0% --
11/27/2023 11/27/23 Sold $295,000 -1.3% $246 / Sq Ft View Prior Sale
11/06/2023 11/06/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $299,000 -- $249 / Sq Ft
Source: Charlottesville area Association of Realtors®

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 $2,862 $286,200 $60,000 $226,200
2024 $2,862 $270,400 $60,000 $210,400
2023 $1,922 $194,200 $45,000 $149,200
2022 $1,809 $182,400 $40,000 $142,400
2021 $1,447 $146,200 $31,000 $115,200
2020 $1,447 $146,200 $31,000 $115,200
2019 $1,178 $117,900 $22,400 $95,500
2018 $567 $113,400 $22,400 $91,000
2017 $1,135 $113,428 $22,400 $91,028
2016 $1,059 $111,500 $20,400 $91,100
2015 $1,059 $111,500 $20,400 $91,100
2014 $1,059 $111,500 $20,400 $91,100
Source: Public Records

Agents Affiliated with this Home

  • MATT KNEECE

    Landlord's Agent in 2024

    MATT KNEECE

    REAL BROKER, LLC

    (508) 439-9799

    3 in this area

    66 Total Sales

    MATT KNEECE
    Section Image
  • Jessica Russo

    Seller's Agent in 2023

    Jessica Russo

    NEST REALTY GROUP

    (434) 996-3176

    5 in this area

    181 Total Sales

    Jessica Russo
    Section Image

  • P

    Buyer's Agent in 2023

    PERSINGER REAL E TEAM

    REAL BROKER LLC

    (804) 944-8362

    1 in this area

    381 Total Sales

    PERSINGER REAL E TEAM
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 648056

Charlottesville area Association of Realtors®

APN: 240-246-000

Virginia Charlottesville County Charlottesville 22903 Fifeville

625 Bailey Rd, Charlottesville, VA

Not Listed for Sale

MultiFamily

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