NOT LISTED FOR SALE

Estimated Value: $469,431 - $500,000

4 Beds
2 Baths
1,704 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $390,000 $229 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,933/month

21 Days on Market

Highlights

  • Concrete Block With Brick
  • Charlottesville High School Rated A-
  • 1-Story Property

About This Home

As of July 2022

This is a an opportunity to own a duplex in North Downtown! Walking distance to the Downtown Mall and easy access to Rt. 250. Needs Updating

Last Agent to Sell the Property

Justin Wiley

CORCORAN WILEY-ORANGE License #0225226888 Listed on: 04/17/2022

Last Buyer's Agent

Ian Wren

BMC PROPERTY MANAGEMENT License #0225239318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R-1 Residential

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Schools

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

Utilities

  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 340028100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,509

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 872
  • Below Grade Total Sq Ft: 832
  • L V T Date: 04/15/2022
  • Nameof Property: 709 Nelson Dr
  • Parcel Number: 340028100
  • Price Per Sq Ft: 228.87
  • Total Sq Ft: 1704
  • Type of Construction: On Site Built
  • Zoning: R-1 Residential
  • Best Use: Sloped. Minimal lawn care.
  • Current Use: Duplex
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement Type: Finished
  • Total Finished Sq Ft: 1704
  • Above Grade Finished Sq Ft: 872
  • Basement: Yes
  • Below Grade Finished Sq Ft: 832
  • Foundation: Concrete Block
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 2
  • Number Beds: 4
  • Full Bathrooms: 2
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.2

Utilities

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

Building Info

  • Year Built: 1960

Tax Info

  • Year: 2022
  • Taxes: 3509.3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2022
Closed on
Jul 20, 2022
Sold by
Mccarthy Bradford R
Bought by
Skade Ip 1 Llc
Seller's Agent
Justin Wiley
CORCORAN WILEY-ORANGE
Buyer's Agent
Ian Wren
BMC PROPERTY MANAGEMENT
List Price
$440,000
Sold Price
$390,000
Premium/Discount to List
-$50,000
-11.36%
Current Estimated Value
$495,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,087
Avg. Annual Appreciation
6.59%
Original Mortgage
$393,750
Outstanding Balance
$369,561
Interest Rate
5.81%
Mortgage Type
Commercial
Estimated Equity
$117,047

Purchase Details

Closed on
Dec 1, 2008
Bought by
Chaddick Kay S Trustee
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
Skade Ip 1 Llc $390,000 --
Chaddick Kay S Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skade Ip 1 Llc $393,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $390,000 -4.9% $229 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $410,000 -6.8% $241 / Sq Ft
04/17/2022 04/17/22 For Sale $440,000 -- $258 / 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 $4,445 $444,800 $163,600 $281,200
2024 $4,445 $396,200 $165,600 $230,600
2023 $3,828 $389,700 $165,600 $224,100
2022 $3,633 $369,400 $158,100 $211,300
2021 $3,319 $340,300 $137,200 $203,100
2020 $2,979 $304,500 $78,200 $226,300
2019 $2,916 $297,800 $75,900 $221,900
2018 $1,250 $254,000 $69,000 $185,000
2017 $2,189 $221,300 $53,100 $168,200
2016 $2,010 $211,600 $48,300 $163,300
2015 $2,010 $211,600 $48,300 $163,300
2014 $2,010 $211,600 $48,300 $163,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 629092

Charlottesville area Association of Realtors®

APN: 340-028-100