NOT LISTED FOR SALE

818 Montrose Ave Charlottesville, VA 22902

Belmont Neighborhood

Estimated Value: $414,000 - $470,000

4 Beds
2 Baths
1,536 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $355,000 $231 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,341/month

About This Home

As of October 2022

Excellent investment in popular Belmont. Just 2 blocks from the bus stop and walk Downtown. Lower unit is rented through June 2023 for $1125/mo. The upper unit is vacant with potential rent of $1200-$1500. BONUS: The 2-car detached garage might provide additional income. TING AVAILABLE.

Last Agent to Sell the Property

Donna Goings

DONNA GOINGS REAL ESTATE LLC Brokerage Email: donnagoings@gmail.com License #0225198762 Listed on: 09/12/2022

Last Buyer's Agent

Mike Peters

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE License #0225113279

HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,798

Year Built

  • Built in 1968

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Duplex
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • Vinyl Clad Windows
  • Insulated Windows
  • Tilt-In Windows
  • Electric Range
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 2 Units
  • Belmont Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, water
  • Assessor Parcel Number 590264400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,798

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 590264400
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.14
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 646
  • Subdivision Name: BELMONT
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Living Area: 1536.0
  • Window Features: Insulated Windows, Tilt-In Windows, Vinyl

Exterior Features

  • Roof: Composition, Shingle
  • Construction Type: Aluminum Siding
  • Foundation Details: Block

Utilities

  • Heating: Baseboard, Electric
  • Utilities: Cable Available, Fiber Optic Available, High Speed Internet Available
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Window Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Summit
  • Middle Or Junior School: Walker & Buford

Lot Info

  • Land Lease Expiration Date: 2022-12-01
  • Zoning Description: R-1S Residential

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity
  • LeaseAmount: 2250.0

Building Info

  • Year Built: 1968

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2798.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • HighSchool: Charlottesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Charlottesville Redevelopment And Housin
Bought by
City Of Charlottesville and Charlottesville Redevelopment And Housin
Current Estimated Value
$426,749

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 4, 2022
Sold by
Montrose Meridian Llc
Bought by
Charlottesville Redevelopment And Housin
Seller's Agent
Donna Goings
DONNA GOINGS REAL ESTATE LLC
Buyer's Agent
Mike Peters
HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jan 3, 2012
Bought by
Montrose Meridian Llc
Source: Public Records

Range of Values:

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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
City Of Charlottesville -- Fidelity National Title Insura
Charlottesville Redevelopment And Housin $355,000 Fidelity National Title Insura
Montrose Meridian Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $355,000 +1.4% $231 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $350,000 -- $228 / 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 -- $405,100 $130,500 $274,600
2024 $58 $349,900 $131,300 $218,600
2023 $58 $328,400 $131,300 $197,100
2022 $2,856 $291,500 $126,000 $165,500
2021 $2,508 $257,900 $120,000 $137,900
2020 $2,470 $253,900 $120,000 $133,900
2019 $2,046 $209,300 $66,600 $142,700
2018 $881 $179,400 $60,500 $118,900
2017 $1,526 $154,600 $46,500 $108,100
2016 $1,457 $147,300 $42,300 $105,000
2015 $1,399 $147,300 $42,300 $105,000
2014 $1,399 $147,300 $42,300 $105,000
Source: Public Records

Agents Affiliated with this Home

  • Donna Goings

    Seller's Agent in 2022

    Donna Goings

    DONNA GOINGS REAL ESTATE LLC

    (434) 981-9367

    3 in this area

    84 Total Sales

    Section Image
  • Mike Peters

    Buyer's Agent in 2022

    Mike Peters

    HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE

    (434) 981-3995

    2 in this area

    54 Total Sales

    Section Image
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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 634600

Charlottesville area Association of Realtors®

APN: 590-264-400

Virginia Charlottesville County Charlottesville 22902 Belmont

818 Montrose Ave, Charlottesville, VA

This home is located at 818 Montrose Ave, Charlottesville, VA 22902 since 12 September 2022 and is currently estimated at $441,454, approximately $287 per square foot. This property was built in 1968. 818 Montrose Ave is a home located in Charlottesville City with nearby schools including Summit Elementary School, Buford Middle School, and Charlottesville High School.

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.

Charlottesville area Association of Realtors® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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