NOT LISTED FOR SALE

725 Denali Way Unit 2 Charlottesville, VA 22903

Southwest Charlottesville Neighborhood

Estimated Value: $232,000 - $249,000

4 Beds
4 Baths
1,450 Sq Ft
$648/mo HOA Fee

Last Sold September 03, 2020

Last sale price $146,000 $101 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,088/month

197 Days on Market

Highlights

  • Outdoor Pool
  • Gated Community
  • Tennis Courts
  • Jackson P. Burley Middle School Rated A-
  • Clubhouse
  • Exercise Course

About This Home

As of September 2020

Great investment opportunity! Ground level 4 bedroom, 4 bath condo with laminate wood flooring throughout. Each bedroom is equipped with a mini-refrigerator and microwave; washer & dryer included. Spectacular amenities include: shuttle service to UVA and PVCC, Ting high speed internet, water/sewer, cable, basketball court, volleyball, tennis, pool, play area, clubhouse, and fitness center. ALL BEDROOMS are leased for $2000 total per month. Recently updated flooring. $4000 security deposit will transfer to purchaser at settlement.

Last Agent to Sell the Property

KEITH SCHULTZ

ASSIST2SELL - FIRST RATE REALTY, INC. License #0225174975 Listed on: 01/21/2020

Last Buyer's Agent

YINPING KUANG

REAL ESTATE III, INC. License #0225226513

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,097

Year Built

  • 2004

HOA Fees

  • $648 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Insulated Windows
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Formica Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Playground

Utilities

  • Central Air
  • Heat Pump System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07600-00-07-25002

Community Details

Overview

  • Association fees include area maint, cable, master ins. policy, pool, prof. mgmt., tennis, trash pickup, water/sewer, yard maintenance
  • $100 HOA Transfer Fee

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Exercise Course
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,097

Year Built

2004

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Class: Residential
  • Property Type: Condo
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Unfinished Sq Ft: 50
  • Design: Contemporary
  • Electricity: Elec Underground
  • L V T Date: 01/21/2020
  • Parcel Number: 07600-00-07-25002
  • Price Per Sq Ft: 100.69
  • Total Sq Ft: 1500
  • Total Unfinished Sq Ft: 50
  • Type of Construction: On Site Built
  • Zoning: Ra Multifamily Zone
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Laundry: Dryer, Dryer Hookup, Washer, Washer Hookup
  • Basement Type: Slab
  • Room 1: Master Bedroom, On Level: 1
  • Room 2: Master Bedroom, On Level: 1
  • Room 3: Master Bedroom, On Level: 1
  • Room 4: Master Bedroom, On Level: 1
  • Room 5: Kitchen, On Level: 1
  • Room 6: Living Room, On Level: 1
  • Room 7: Laundry, On Level: 1
  • Room 8: Dining Room, On Level: 1
  • Room 9: Master Bath, On Level: 1
  • Room 10: Master Bath, On Level: 1
  • Room 11: Master Bath, On Level: 1
  • Room 12: Master Bath, On Level: 1
  • Total Finished Sq Ft: 1450
  • Above Grade Finished Sq Ft: 1450
  • Bathroom: Attach Mstr Bath
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Breakfast Bar, Dishwasher, Disposal, Electric Range, Island, Microwave, Pantry, Recessed Light, Refrigerator
  • Kitchen Cabinets Counters: Formica Counter, Oak Cabinets
  • Land Description: Nearly Level
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 4
  • Number of Main Level Bathrooms: 4
  • Number Beds: 4
  • Number Beds Main Level: 4
  • Full Bathrooms: 4
  • Room Types: Dining Room, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Dining Room (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Master Bedroom (L1)
  • Source of Sq Ft: Public Records

Exterior Features

  • Pool: Yes
  • Pool: Community
  • Roof: Architectural Style
  • Structure Deck Porch: Patio - Covered
  • Structure Floors: Laminate, Vinyl
  • Structure Security: Gated Community, Peep Hole
  • Structure Window Ceiling: 9' Ceilings, Insulated Windows
  • View: Wooded View

Utilities

  • Cooling: Central Ac, Heat Pump
  • Heating: Heat Pump
  • Cable Available: Cable, Fiber-Optic
  • Security: Deadbolts
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: Basketball Court, Clubhouse, Community Room, Exercise Room, Play Area, Pool, Tennis, Transportation Service, Volleyball
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 100
  • Association Fee: Hoa
  • Association Frequency: Monthly
  • Association Includes: Area Maint, Cable, Master Ins. Policy, Pool, Prof. Mgmt., Tennis, Trash Pickup, Water/Sewer, Yard Maintenance
  • Association Fee: 648

Lot Info

  • Lot Features: Private Gated Community, Private Road, Sidewalks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Aug 27, 2020
Sold by
Liu Jie and Liu Qiao Rong
Bought by
Tai Stephanie Shu Wen
Seller's Agent
KEITH SCHULTZ
ASSIST2SELL - FIRST RATE REALTY, INC.
Buyer's Agent
YINPING KUANG
REAL ESTATE III, INC.
List Price
$155,000
Sold Price
$146,000
Premium/Discount to List
-$9,000
-5.81%
Current Estimated Value
$240,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,236
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Traylor Richard B
Bought by
Us Bank National Assn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tai Stephanie Shu Wen $146,000 None Available
Us Bank National Assn $76,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $146,000 -5.2% $101 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $154,000 -0.6% $106 / Sq Ft
07/22/2020 07/22/20 For Sale $155,000 +6.2% $107 / Sq Ft
07/21/2020 07/21/20 Off Market $146,000 -- --
06/24/2020 06/24/20 Price Changed $155,000 -0.6% $107 / Sq Ft
06/07/2020 06/07/20 Price Changed $156,000 -1.0% $108 / Sq Ft
05/05/2020 05/05/20 Price Changed $157,500 -0.9% $109 / Sq Ft
04/13/2020 04/13/20 Price Changed $159,000 -0.9% $110 / Sq Ft
04/03/2020 04/03/20 Price Changed $160,500 -0.9% $111 / Sq Ft
03/16/2020 03/16/20 Price Changed $162,000 -0.9% $112 / Sq Ft
03/02/2020 03/02/20 Price Changed $163,500 -0.9% $113 / Sq Ft
02/16/2020 02/16/20 Price Changed $165,000 -1.8% $114 / Sq Ft
01/21/2020 01/21/20 For Sale $168,000 -- $116 / 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 $2,097 $234,600 $44,000 $190,600
2024 $1,729 $202,500 $34,500 $168,000
2023 $1,497 $175,300 $33,000 $142,300
2022 $1,364 $159,700 $29,000 $130,700
2021 $1,243 $145,600 $29,000 $116,600
2020 $1,220 $142,900 $27,000 $115,900
2019 $1,093 $128,000 $27,000 $101,000
2018 $1,014 $128,000 $27,000 $101,000
2017 $955 $113,800 $22,800 $91,000
2016 $946 $112,700 $22,800 $89,900
2015 $446 $109,000 $22,800 $86,200
2014 -- $108,000 $22,800 $85,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    KEITH SCHULTZ

    ASSIST2SELL - FIRST RATE REALTY, INC.

    Section Image
  • YINPING KUANG

    Buyer's Agent in 2020

    YINPING KUANG

    REAL ESTATE III, INC.

    (434) 244-0592

    11 in this area

    59 Total Sales

    YINPING KUANG
    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 599235

Charlottesville area Association of Realtors®

APN: 07600-00-07-25002

Virginia Albemarle County Charlottesville 22903 Southwest Charlottesville

725 Denali Way Unit 2, Charlottesville, VA

Not Listed for Sale

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