878 Rio Rd E Charlottesville, VA 22901
Dunlora NeighborhoodEstimated Value: $352,000 - $487,647
4
Beds
2
Baths
1,914
Sq Ft
$230/Sq Ft
Est. Value
About This Home
This home is located at 878 Rio Rd E, Charlottesville, VA 22901 and is currently estimated at $440,412, approximately $230 per square foot. 878 Rio Rd E is a home located in Albemarle County with nearby schools including Agnor Elementary School, Jackson P. Burley Middle School, and Albemarle High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2024
Sold by
Rio Point Llc
Bought by
Rio Point Owner Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,459,370
Outstanding Balance
$46,793,899
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$46,353,487
Purchase Details
Closed on
Jan 15, 2021
Sold by
Hendley Vanessa Wetsel and Wetsel Helena Ottillia
Bought by
Rio Point Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rio Point Owner Llc | $7,500,000 | Old Republic National Title In | |
| Rio Point Llc | $7,500,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rio Point Owner Llc | $47,459,370 |
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 | $2,445 | $273,500 | $273,500 | $0 |
| 2024 | -- | $430,200 | $396,000 | $34,200 |
| 2023 | $3,639 | $426,100 | $396,000 | $30,100 |
| 2022 | $3,610 | $422,700 | $396,000 | $26,700 |
| 2021 | $3,106 | $363,700 | $297,000 | $66,700 |
| 2020 | $3,090 | $361,800 | $297,000 | $64,800 |
| 2019 | $3,121 | $365,400 | $348,500 | $16,900 |
| 2018 | $3,514 | $417,300 | $400,800 | $16,500 |
| 2017 | $3,526 | $420,300 | $400,800 | $19,500 |
| 2016 | $3,363 | $400,800 | $400,800 | $0 |
| 2015 | $3,283 | $400,800 | $400,800 | $0 |
| 2014 | -- | $400,800 | $400,800 | $0 |
Source: Public Records
Map
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