Seller's Agent in 2024
STEVEN MARTIN
RE/MAX
(434) 962-6039
2 in this area
66 Total Sales
983 Rives St Charlottesville, VA 22902
Belmont NeighborhoodEstimated Value: $436,000 - $544,404
4
Beds
2.5
Baths
2,704
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Concrete Block With Brick
- Laundry Room
- Charlottesville High School Rated A-
- Living Room
- 4-minute walk to Rives Park
About This Home
As of June 2024Zoned R-B up to 6 units, 3 levels above grade no off street parking required.. Great opportunity to own this large beautiful 4 bedroom 2.5 bathroom home in Belmont. New Deck, HVAC, Electric Panel Box, Refrigerator and water heater. Lots of windows and semi open floor plan which allows for lots of natural light. Great location! Walking distance to the Downtown Mall and Pavilion. Short walk to multiple parks. Enjoy the easy access to interstate 64 as well as two areas for off street parking. The bonus room downstairs offers many possibilities. A fourth bedroom, in-law suite or office it has its own entrance and off street parking directly in front. Don't miss this one!
Last Agent to Sell the Property
RE/MAX NEW HORIZONS License #0225233318 Listed on: 02/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,800
Year Built
- Built in 1983
Lot Details
- 7,405 Sq Ft Lot
- Property is zoned RB Residential-Business District
Home Design
- Concrete Block With Brick
Interior Spaces
- 2-Story Property
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- Primary bathroom on main floor
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Windows
Schools
- Clark Elementary School
- Walker & Buford Middle School
- Charlottesville High School
Utilities
- Central Heating and Cooling System
- Fiber Optics Available
- Cable TV Available
Community Details
- Belmont Subdivision
Listing and Financial Details
- Assessor Parcel Number 610018100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2024
Closed on
May 31, 2024
Sold by
Breeden Cynthia D
Bought by
Zhu Zu Zhen and Zhu Winnie Huang
Seller's Agent
STEVEN MARTIN
RE/MAX NEW HORIZONS
List Price
$499,000
Sold Price
$395,000
Premium/Discount to List
-$104,000
-20.84%
Views
95
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
$76,713
Avg. Annual Appreciation
17.35%
Original Mortgage
$292,500
Outstanding Balance
$285,614
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,231
Purchase Details
Closed on
Aug 22, 2008
Bought by
Breeden Cynthia D
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 |
|---|---|---|---|
| Zhu Zu Zhen | $292,500 | Old Republic National Title In | |
| Breeden Cynthia D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhu Zu Zhen | $292,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $395,000 | -15.1% | $146 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | Price Changed | $465,000 | -4.9% | $172 / Sq Ft |
| 04/11/2024 04/11/24 | Price Changed | $489,000 | -1.0% | $181 / Sq Ft |
| 04/04/2024 04/04/24 | Price Changed | $494,000 | -1.0% | $183 / Sq Ft |
| 03/26/2024 03/26/24 | For Sale | $499,000 | 0.0% | $185 / Sq Ft |
| 03/26/2024 03/26/24 | Price Changed | $499,000 | -5.7% | $185 / Sq Ft |
| 03/18/2024 03/18/24 | Off Market | $529,000 | -- | -- |
| 02/27/2024 02/27/24 | For Sale | $489,000 | -- | $181 / 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 | $4,204 | $418,700 | $137,500 | $281,200 |
| 2024 | $4,204 | $483,700 | $137,500 | $346,200 |
| 2023 | $4,430 | $451,000 | $115,500 | $335,500 |
| 2022 | $3,702 | $375,100 | $92,400 | $282,700 |
| 2021 | $3,216 | $327,900 | $82,500 | $245,400 |
| 2020 | $3,160 | $322,000 | $66,300 | $255,700 |
| 2019 | $3,160 | $322,000 | $66,300 | $255,700 |
| 2018 | $1,468 | $298,500 | $61,400 | $237,100 |
| 2017 | $2,682 | $271,751 | $55,800 | $215,951 |
| 2016 | $2,504 | $255,600 | $49,800 | $205,800 |
| 2015 | $2,504 | $255,600 | $49,800 | $205,800 |
| 2014 | $2,504 | $255,600 | $49,800 | $205,800 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Charlottesville area Association of Realtors®
MLS Number: 649949
APN: 610-018-100
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