988 Towne Ln Charlottesville, VA 22901
Estimated payment $1,731/month
Highlights
- Very Popular Property
- Double Pane Windows
- Heat Pump System
- Jackson P. Burley Middle School Rated A-
- Wood Burning Fireplace
- 1-minute walk to Pen Park Playground
About This Home
Sold as-is. This 3-bedroom, 2.5-bath townhouse in The Village Square offers a fantastic opportunity for buyers willing to bring their own vision and updates. The main level features a spacious living room with wood-burning fireplace, half bath, laundry closet, dining area, and sizable kitchen. Upstairs, the primary suite includes ample closet space and an en suite bath, with two additional bedrooms and a full hall bath completing the layout. Outside, enjoy a patio and convenient guest parking. While the home would benefit from cosmetic improvements such as flooring, paint, and some exterior touch-ups, the location is hard to beat—minutes to Pen Park, shopping, restaurants, UVA, and major commuter routes. Great potential for first-time buyers, investors, or anyone looking to add value through updates.
Listing Agent
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225193949 Listed on: 09/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,499
Year Built
- Built in 1999
Lot Details
- 1,742 Sq Ft Lot
HOA Fees
- $58 per month
Home Design
- Property Attached
- Fixer Upper
- Slab Foundation
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,320 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Double Pane Windows
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Woodbrook Elementary School
- Burley Middle School
- Albemarle High School
Utilities
- Heat Pump System
- Underground Utilities
Community Details
- The Village Square Subdivision
Listing and Financial Details
- Assessor Parcel Number 061A0-05-00-00600
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,499 | $279,500 | $88,200 | $191,300 |
| 2024 | $2,272 | $266,000 | $82,300 | $183,700 |
| 2023 | $2,208 | $258,500 | $78,400 | $180,100 |
| 2022 | $1,938 | $226,900 | $76,000 | $150,900 |
| 2021 | $1,767 | $206,900 | $73,500 | $133,400 |
| 2020 | $1,648 | $193,000 | $71,100 | $121,900 |
| 2019 | $1,497 | $175,300 | $63,700 | $111,600 |
| 2018 | $1,493 | $179,300 | $58,800 | $120,500 |
| 2017 | $1,483 | $176,700 | $49,000 | $127,700 |
| 2016 | $1,353 | $161,300 | $49,000 | $112,300 |
| 2015 | $1,251 | $152,800 | $49,000 | $103,800 |
| 2014 | -- | $151,600 | $49,000 | $102,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $275,000 | -1.8% | $208 / Sq Ft |
| 08/22/2025 08/22/25 | Price Changed | $280,000 | -6.7% | $212 / Sq Ft |
| 08/01/2025 08/01/25 | For Sale | $300,000 | -- | $227 / Sq Ft |
Source: Charlottesville area Association of Realtors®
MLS Number: 668808
APN: 061A0-05-00-00600
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