Seller's Agent in 2024
KELLEY SLAGLE
LPT REALTY LLC
(434) 234-4456
1 in this area
26 Total Sales
923 Cherry Ave Unit A & B Charlottesville, VA 22903
Fifeville NeighborhoodEstimated Value: $615,000 - $701,078
--
Bed
3
Baths
3,084
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Charlottesville High School Rated A-
- 3-minute walk to Morris Park
About This Home
As of November 2024New Price! Spacious side-by-side duplex that lives like 2 townhomes. Unique layout maximizes the lot and gives each unit the feeling of privacy with entrances on different sides of the building. The unbeatable location makes it desirable to everyone. Live on one side and rent the other or bring the extended family. Works well as a mid-term rental for travel nurses and grad students, with close proximity to UVA and Med Center. Walk to all things Charlottesville: UVA, the Downtown Mall, Dairy Market, Smith Aquatics Center and plenty of food and dining choices nearby. Each unit boasts 4 spacious bedrooms upstairs with 2 vanities in the full bathroom. The main floor features a well-appointed kitchen and dining room. Don’t miss the double-sized living room with access to the shared deck. You'll also appreciate the convenience of plenty of off-street parking. This property is a fantastic investment opportunity with the increased zoning, loads of possibilities. Call your agent to schedule a showing. By appointment only, with 24-hour notice.
Last Agent to Sell the Property
LPT REALTY LLC License #0225254615 Listed on: 08/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,749
Year Built
- Built in 1980
Lot Details
- 7,405
Home Design
- 3,084 Sq Ft Home
- Duplex
- Block Foundation
Schools
- Johnson Elementary School
- Walker & Buford Middle School
- Charlottesville High School
Additional Features
- 7,405 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for taxes
- Assessor Parcel Number 300134100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2024
Closed on
Oct 29, 2024
Sold by
Burkhill John L and Burkhill Mary
Bought by
Patel Rahul
Seller's Agent
KELLEY SLAGLE
LPT REALTY LLC
Buyer's Agent
Moyanne Harding
KELLER WILLIAMS REALTY-LYNCHBURG
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,770
Avg. Annual Appreciation
15.93%
Original Mortgage
$431,250
Outstanding Balance
$427,285
Interest Rate
6.54%
Estimated Equity
$230,485
Purchase Details
Closed on
Oct 1, 2004
Bought by
Burkhill John L and Burkhill Mary
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Rahul | $575,000 | Old Republic National Title In | |
| Burkhill John L | $223,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Rahul | $431,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $575,000 | -8.0% | $186 / Sq Ft |
| 10/05/2024 10/05/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $625,000 | -3.8% | $203 / Sq Ft |
| 08/21/2024 08/21/24 | For Sale | $650,000 | -- | $211 / Sq Ft |
Source: Charlottesville area Association of Realtors®
Tax History Compared to Growth
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 | $6,615 | $667,700 | $130,000 | $537,700 |
| 2024 | $6,615 | $600,400 | $156,300 | $444,100 |
| 2023 | $5,541 | $569,700 | $143,800 | $425,900 |
| 2022 | $4,592 | $470,800 | $118,800 | $352,000 |
| 2021 | $4,546 | $470,900 | $101,100 | $369,800 |
| 2020 | $4,491 | $465,200 | $99,100 | $366,100 |
| 2019 | $6,687 | $456,100 | $97,200 | $358,900 |
| 2018 | $1,877 | $387,500 | $88,400 | $299,100 |
| 2017 | $3,301 | $339,900 | $68,000 | $271,900 |
| 2016 | $3,167 | $325,800 | $61,800 | $264,000 |
| 2015 | $1,997 | $325,800 | $61,800 | $264,000 |
| 2014 | $1,997 | $325,800 | $61,800 | $264,000 |
Source: Public Records
Agents Affiliated with this Home
-
KELLEY SLAGLE
-
Moyanne Harding
Buyer's Agent in 2024
Moyanne Harding
KELLER WILLIAMS REALTY-LYNCHBURG
(434) 851-9421
1 in this area
79 Total Sales
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 656093
APN: 300-134-100
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