716 S 1st St Charlottesville, VA 22902
Ridge Street NeighborhoodEstimated payment $3,969/month
Highlights
- Colonial Architecture
- No HOA
- Laundry Room
- Charlottesville High School Rated A-
- Living Room
- 3-minute walk to IX Art Park
About This Home
Don?t miss this exceptional investment opportunity just 3 blocks from the vibrant Charlottesville Downtown Mall. This over/under duplex was extensively renovated in 2019 and offers modern amenities, reliable rental income, and development potential. Property Features: New HVAC, electrical, plumbing, bathrooms, kitchen appliances, cabinets (Unit A), lighting, flooring, windows, doors, Trex decking, roof, and stackable washer/dryer units. Unit A: 1,028 sq ft, 2BR, 1.5 BA, and access to a 325 sq ft unfinished basement. Unit B: 812 sq ft with 2 BR, 1 full BA Both units feature private front and rear decks, in-unit laundry, and updated finishes throughout. Parking: Off-street parking in the rear for up to 4 vehicles, plus ample on-street parking. Location: Walkable to restaurants, shops, and public transportation. Adjacent to the expansive IX property. Income Potential: Unit A: Currently rented at $1,975/month. Unit B: Currently rented at $1,980/month. Development Opportunity: Located next to a vacant lot and benefiting from newly approved NX-8 zoning, this property holds significant potential for or future development or expansion, especially given its proximity to the growing IX Art Park district.,Formica Counter,Wood Cabinets
Listing Agent
(434) 996-8688 abadgett96@gmail.com ASSIST2SELL - FIRST RATE REALTY, INC. License #0225037848[401] Listed on: 07/02/2025
Co-Listing Agent
(434) 996-8788 anthonysmcghee@gmail.com ASSIST2SELL - FIRST RATE REALTY, INC. License #0225038614[2981]
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,031
Year Built
- Built in 1925
Lot Details
- 7,841 Sq Ft Lot
- Open Lot
Home Design
- Colonial Architecture
- Block Foundation
- Composition Roof
- Stucco
Interior Spaces
- Property has 2 Levels
- Vinyl Clad Windows
- Living Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2.5 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Unfinished Basement
- Partial Basement
- Sump Pump
Schools
- Walker & Buford Middle School
- Charlottesville High School
Utilities
- No Cooling
- Heat Pump System
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,031 | $303,400 | $140,900 | $162,500 |
| 2024 | $3,031 | $280,800 | $120,400 | $160,400 |
| 2023 | $2,502 | $254,600 | $115,300 | $139,300 |
| 2022 | $1,824 | $184,000 | $87,100 | $96,900 |
| 2021 | $1,806 | $184,000 | $87,100 | $96,900 |
| 2020 | $1,799 | $183,300 | $87,100 | $96,200 |
| 2019 | $1,799 | $183,300 | $87,100 | $96,200 |
| 2018 | $899 | $183,300 | $87,100 | $96,200 |
| 2017 | $1,733 | $176,400 | $44,100 | $132,300 |
| 2016 | $1,659 | $168,600 | $40,100 | $128,500 |
| 2015 | $1,602 | $168,600 | $40,100 | $128,500 |
| 2014 | $1,602 | $168,600 | $40,100 | $128,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $697,500 | -3.8% | $377 / Sq Ft |
| 07/02/2025 07/02/25 | For Sale | $725,000 | -- | $392 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Bright MLS
MLS Number: 666419
APN: 270-004-000
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.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
- 716 1st St S
- 107 Almere Ave
- 500 Ridge St
- 501 Ridge St
- 701 Bolling Ave
- 218 W Water St Unit 705
- 218 W Water St Unit 600
- 218 W Water St Unit 801
- 836 & Lot Ridge St
- TBD Ridge St
- 1006 Avon St
- 501 Stonehenge Ave
- 112 5th St SE Unit 3D
- 112 5th St SE Unit 5A
- 803 Monticello Ave
- 510 Stonehenge Ave
- 219 Hartmans Mill Rd
- 207 Hartmans Mill Rd
- 460 Garrett St
- 121 Penick Ct
- 704 Blenheim Ave
- 704 Blenheim Ave
- 300 4th St SE
- 118 W Main St
- 416 E Main St
- 112 5th St SE Unit 3E
- 112 5th St SE Unit 3D RENTAL
- 236 Hartmans Mill Rd
- 301 7th St SW Unit A
- 136 Goodman St Unit B
- 735 Walker Square Unit 4A
- 745 Walker Square Unit 3B
- 705 Elsom St
- 409 Park St
- 1000 Monticello Rd
- 710 Palatine Ave Unit Main
- 1000 E Market St
- 1458 Avon St Unit A