Sold
Last Sold Price
3 beds800 sqft$128/sqft
2971 Morgantown Rd, Charlottesville, VA 22903
Single FamilyProperty Type
0.74 acresLot Size
1971Year Built
$128/sq ftPrice per sq ft

Description

Great potential in a great location. Priced at land value, this property is awaiting a buyer with vision. The property includes two parcels with home, storage, and back lot on almost 3/4 of an acre in Ivy. Best use of property would be to remodel existing home on front lot and build a new home on back lot.Great potential in a great location. Priced at land value, this property is awaiting a buyer with vision. The property includes two parcels with home, storage, and back lot on almost 3/4 of an acre in Ivy. Best use of property would be to remodel existing home on front lot and build a new home on back lot.
  • Listed by: JULIANA ARSALI 561.602.0207 juliana.arsali@sothebysrealty.com Brokerage DRE #226012062 • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Listing closed: 10/30/2019 12:00 AM • Source: CAAR, MLS#: 592354

Recent comparable sales

Median sold price

$365,000

Avg days on market

31

Sale-to-list ratio

97.4%

Charlottesville, VA

9 comparable properties found

a view of an house with backyard and sitting area
1/43
1

$960,000

Sold 09/12/25

2
Bedrooms
840
Square Feet
8.25
Acres
2

$110,000

Sold 06/25/25

2
Bedrooms
1
Bathrooms
720
Square Feet
2
Acres
a house with a yard
1/26
3

$195,000

Sold 11/25/25

3
Bedrooms
962
Square Feet
6.33
Acres
a view of a house with snow on the road
1/25
4

$320,000

Sold 04/02/25

3
Bedrooms
876
Square Feet
0.13
Acres
a front view of a house with swimming pool having outdoor seating
1/37
5

$365,000

Sold 09/10/25

3
Bedrooms
816
Square Feet
0.31
Acres
front view of house with a yard
1/12
6

$350,000

Sold 03/31/26

3
Bedrooms
840
Square Feet
0.11
Acres
a view of a house with a yard
1/40
7

$440,000

Sold 04/30/26

3
Bedrooms
825
Square Feet
0.13
Acres
a view of a house with a yard
1/54
8

$380,000

Sold 04/20/26

3
Bedrooms
900
Square Feet
0.24
Acres
$410,000 | 122 Westerly Avenue, Charlottesville, VA 22903
1/29
9

$410,000

Sold 02/27/26

3
Bedrooms
925
Square Feet
0.23
Acres

Location

Listing Courtesy of FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY, JULIANA ARSALI

Sold By ERA BILL MAY REALTY CO., ALEX CASTILLO BLANCO

Add your commute

Payment Calculator

$601 per month

30 year fixed, 6.71% Interest

Principal and Interest

$527

Property Taxes

$74

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 2971 Morgantown Road

Property Details
  • Taxes: $887 / year
  • MLS Type: Residential / Detached
  • Subdivision Name: NONE
  • Zoning: RA Rural Area
Building Information
  • Stories: 1
  • Year Built: 1971
  • Lot Size: 0.74 AC / 32,234 SF
Summary
Location and General Information
  • Directions: From Charlottesville, take Ivy Road West to Morgantown Road. Turn left onto Morgantown Road. Property is on the left.
  • Latitude: 38.05643489
  • Longitude: -78.6036395
  • Water Source: Private, Well
  • Year Built: 1971
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $887
  • Tax Legal Description: TAX MAP NO: 58A1-30 & 58A1-31
  • Tax Year: 2019
Parking
  • Garage: No
School Information
  • Elementary School: Murray
  • High School: Western Albemarle
  • Middle Or Junior School: Henley
Property
Lot Information
  • Above Grade Finished Area: 800.0
  • Above Grade Finished Area Units: SquareFeet
  • Above Grade Unfinished Area: 192.0
  • Above Grade Unfinished Area Units: SquareFeet
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: SquareFeet
  • Below Grade Unfinished Area: 800.0
  • Below Grade Unfinished Area Units: SquareFeet
  • Building Area Total: 1792.0
  • Building Area Units: SquareFeet
  • Living Area: 800.0
  • Lot Size Acres: 0.74
Property and Assessments
  • New Construction: No
  • Parcel Number: 058A1-00-00-03000 & 058A1-00-00-03100
  • Property Attached: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached
  • Property Type: Residential
  • Zoning Description: RA Rural Area
Utilities
  • Sewer: SepticTank
  • Utilities: CableAvailable
Interior and Exterior Features
Exterior Features
  • Construction Materials: StickBuilt
  • Foundation Details: Block
Interior Features
  • Basement: ExteriorEntry
  • Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 3
  • Cooling: WindowUnits
  • Cooling: Yes
  • Heating: None
  • Heating: No
  • Interior Features: PrimaryDownstairs
  • Levels: One
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 0
  • Stories: 1
Room Information
Room Information
  • Human Modified: No
Rental
Rent Information
  • Lease Considered: No

Property History for 2971 Morgantown Road

DateEvent & SourcePriceAppreciation
Oct 30, 2019

Sold

CAAR #592354

$102,000
Jun 24, 2019

Listed (Active)

CAAR #592354

$140,000
DateEvent & SourcePrice
10/30/2019

Sold

CAAR #592354

$102,000
06/24/2019

Listed (Active)

CAAR #592354

$140,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2971 Morgantown Road

Taxable ValueLand$63,000Additions-Total$63,000
Tax Record2026$563 ($47 / month)
Home Facts
Beds0Lot Size20,343 SqFtStyleMiscellaneous Vacant LandZoningVILLAGE RECountyALBEMARLEAPN058A1-00-00-03100

Schools near 2971 Morgantown Road

This home is within Albemarle County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Virginia L Murray Elementary School
PublicPK to 5

Joseph T Henley Middle School
Public6 to 8

Western Albemarle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 22903

$459,000 | 180 Lynx Farm Lane, Charlottesville, VA 22903
1/27
New

$459,000

2
Bedrooms
1,202
Square Feet
1.68
Acres
$1,795,000 | 23 Old Farm Road, Charlottesville, VA 22903
1/44

$1,795,000

5
Bedrooms
3,890
Square Feet
8.20
Acres
$750,000 | 1435 Rugby Avenue, Charlottesville, VA 22903
1/62
Open: 9/13 01:00PM - 03:00PM

$750,000

4
Bedrooms
2,448
Square Feet
0.2
Acres
$257,500 | 1358 Villa Way, Unit F, Charlottesville, VA 22903
1/43

$257,500

3
Bedrooms
1,220
Square Feet
$257,500 | 1311 Villa Way, Unit F, Charlottesville, VA 22903
1/40

$257,500

3
Bedrooms
1,220
Square Feet
$339,900 | 107 Birdwood Court, Charlottesville, VA 22903
1/26

$339,900

2
Bedrooms
1,412
Square Feet
0.08
Acres
$1,595,000 | 1945 Thomson Road, Charlottesville, VA 22903
1/39

$1,595,000

6
Bedrooms
3,528
Square Feet
0.27
Acres
$370,000 | 2302 Center Avenue, Charlottesville, VA 22903
1/52

$370,000

2
Bedrooms
783
Square Feet
0.23
Acres
$224,900 | 122 Yellowstone Drive, Unit 206, Charlottesville, VA 22903
1/31

$224,900

2
Bedrooms
900
Square Feet

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY, JULIANA ARSALI

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.