NOT LISTED FOR SALE

705 Druid Ave Charlottesville, VA 22902

Belmont Neighborhood

Estimated Value: $281,000 - $448,866

0.16 Acre
$2,280,831 Price per Acre
6,970 Sq Ft Lot

Last Sold September 05, 2023

Last sale price $425,000 $492 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,006/month

48 Days on Market

About This Lot

As of September 2023

House and land ripe for re-development! Currently zoned B-2 and can go 45 feet by right, under proposed new zoning - 75 feet by right. Pictures were taken from drone at 35 feet. House needs to be razed, please do not try to go inside. Call agent with any questions.

Last Agent to Sell the Property

Kenton Dunn

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225216817 Listed on: 06/21/2023

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Last Buyer's Agent

Kenton Dunn

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE License #0225216817 Listed on: 06/21/2023

RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $828

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned B-2 Commercial

Schools

  • Jackson-Via Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Fiber Optics Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$828

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Building Lots
  • L V T Date: 06/21/2023
  • Price Per Sq Ft: 2656250
  • Zoning: B-2 Commercial
  • Best Use: Commercial Development, Multi-Family, Residential
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.16

Utilities

  • Cable Available: Cable, Fiber-Optic
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Tax Info

  • Year: 2023
  • Taxes: 827.9

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Jackson-Via

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 5, 2023
Sold by
West Nathan Michael
Bought by
Tiny Torch Llc
Seller's Agent
Kenton Dunn
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Buyer's Agent
Kenton Dunn
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$425,000
Sold Price
$425,000
Views
100
Current Estimated Value
$364,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,067
Avg. Annual Appreciation
-6.30%
Original Mortgage
$212,500
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2017
Sold by
Brown Wesley C
Bought by
West Nathan Michael

Purchase Details

Closed on
Jul 8, 2010
Bought by
Brown Wesley C
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
Tiny Torch Llc $425,000 --
West Nathan Michael $125,000 Chicago Title Ins Co
Brown Wesley C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tiny Torch Llc $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $425,000 0.0% $492 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $425,000 -- $492 / 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 $1,165 $115,900 $115,900 $0
2024 $1,165 $163,200 $105,000 $58,200
2023 $1,610 $156,800 $105,000 $51,800
2022 $1,544 $154,800 $100,800 $54,000
2021 $1,397 $141,000 $96,000 $45,000
2020 $1,385 $139,700 $96,000 $43,700
2019 $1,325 $133,400 $89,700 $43,700
2018 $639 $128,500 $83,100 $45,400
2017 $1,364 $137,502 $72,300 $65,202
2016 $331 $168,300 $65,700 $102,600
2015 $1,508 $163,400 $63,800 $99,600
2014 $1,508 $163,400 $63,800 $99,600
Source: Public Records

Agents Affiliated with this Home

  • Kenton Dunn

    Seller's Agent in 2023

    Kenton Dunn

    RE/MAX

    (434) 981-5220

    2 in this area

    22 Total Sales

    Kenton Dunn
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 642892

Charlottesville area Association of Realtors®

APN: 590-149-100

Virginia Charlottesville County Charlottesville 22902 Belmont

705 Druid Ave, Charlottesville, VA

Not Listed for Sale

Lots

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