516 Valley Rd

Charlottesville, VA 22903

$550,000
Last Sold Price
4
Beds
1,697 Sq. Ft.
$324 / Sq. Ft.
1,697
Sq. Ft.
$324
per Sq. Ft.
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Closed 3/14/22
Closed 3/14/22
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Description

RARE Opportunity literally steps from The University. Classic two-story Brick Charmer Circa 1939 on quiet tree lined lane, includes four bedrooms, two full baths, fireplace, fully equipped basement apartment with private entrance. Off Street Parking to accommodate 3-4 cars. Fenced Sunny Backyard and Patio off Kitchen. Owner Improvements include Main Kitchen, Roof, HVAC, and Basement Apartment with kitchen. Currently investment property with continuous rental income. Possible to Return to Single Family...RARE Opportunity literally steps from The University. Classic two-story Brick Charmer Circa 1939 on quiet tree lined lane, includes four bedrooms, two full baths, fireplace, fully equipped basement apartment with private entrance. Off Street Parking to accommodate 3-4 cars. Fenced Sunny Backyard and Patio off Kitchen. Owner Improvements include Main Kitchen, Roof, HVAC, and Basement Apartment with kitchen. Currently investment property with continuous rental income. Possible to Return to Single Family Residence and lower level living space or lower level income producing apartment with private entrance, on separate electric meter. Premiere UVA location, ONE BLOCK from UVA Lawn, Hospital, and Grounds (see map in attached docs)! Walk to The Corner. On City and UVA Bus Lines. Venable Elementary, Walker & Buford Middle Schools and Charlottesville H. S. Property sold 'as is'. Shown By Appointment Only.
  1. Listed by ELIZABETH FEIL MATTHEWS • Brokerage DRE #226019676 • LORING WOODRIFF REAL ESTATE ASSOCIATES
    P: (434)-284-2105 C: (434)-284-2105 ELIZABETHFEILMATTHEWS@GMAIL.COM

Property Details for 516 Valley Road

Architectural Style
Traditional
Subdivision Name
NONE
View
Residential
Zoning
R-1SU (University Small L
LISTING CLOSED: 03/14/2022 12:00 AM

Property Details for 516 Valley Road

StatusClosed
MLS #622430
Days on Market1
Taxes$3,580 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Detached
Year Built1939
Lot Size0.18 AC / 7,840 SF
CountyCharlottesville Independent City
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Location

Listing Courtesy of LORING WOODRIFF REAL ESTATE ASSOCIATES, ELIZABETH FEIL MATTHEWS

Sold By LORING WOODRIFF REAL ESTATE ASSOCIATES, SYDNEY ROBERTSON

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Building Information for 516 Valley Road

Stories-Year Built1939Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

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$3,094 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$298

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 516 Valley Road

Summary
Location and General Information
  • Directions: From Fontaine Ave. to JPA to Right on Valley Rd. House on Right. From Main St. to JPA to Left on Gildersleeve to Left on Valley Road.
  • Latitude: 38.029758
  • Longitude: -78.505422
  • Water Source: Public
  • Year Built: 1939
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $3,580
  • Tax Legal Description: Lot 18 PT 17 BK 2 SOUTH GATE
  • Tax Year: 2021
Parking
  • Garage: No
School Information
  • Elementary School: Trailblazer
  • High School: Charlottesville
  • Middle Or Junior School: Walker & Buford
Property
Lot Information
  • Above Grade Finished Area: 1080.0
  • Above Grade Finished Area Units: SquareFeet
  • Above Grade Unfinished Area: 0.0
  • Above Grade Unfinished Area Units: SquareFeet
  • Below Grade Finished Area: 617.0
  • Below Grade Finished Area Units: SquareFeet
  • Below Grade Unfinished Area: 100.0
  • Below Grade Unfinished Area Units: SquareFeet
  • Building Area Total: 1797.0
  • Building Area Units: SquareFeet
  • Living Area: 1697.0
  • Lot Size Acres: 0.18
Property and Assessments
  • New Construction: No
  • Parcel Number: 110076000
  • Property Attached: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached
  • Property Type: Residential
  • Zoning Description: R-1SU (University Small Lot ) Residential
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable, Other
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, StickBuilt
  • Fireplace Features: One
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Roof: Architectural
Interior Features
  • Basement: Full, Finished, WalkOutAccess
  • Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: CentralAir, HeatPump
  • Cooling: Yes
  • Flooring: Carpet, CeramicTile, Hardwood
  • Heating: HeatPump
  • Heating: Yes
  • Interior Features: EntranceFoyer
  • Levels: OneAndOneHalf
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 0
  • Room Type: Bathroom, Bedroom, DiningRoom, FamilyRoom, FullBath, Foyer, Kitchen, Laundry, Sunroom
  • Appliances: Dryer, Washer
Room Information
Room Information
  • Human Modified: No
Room 1
  • Room Level: Basement
  • Room Type: Bathroom
Room 2
  • Room Level: Basement
  • Room Type: Kitchen
Room 3
  • Room Level: Basement
  • Room Type: Bedroom
Room 4
  • Room Level: Second
  • Room Type: Bathroom
Room 5
  • Room Level: First
  • Room Type: Sunroom
Room 6
  • Room Level: Second
  • Room Type: Bedroom
Room 7
  • Room Level: Basement
  • Room Type: Laundry
Room 8
  • Room Level: Basement
Room 9
  • Room Level: First
  • Room Type: DiningRoom
Room 10
  • Room Level: First
  • Room Type: Foyer
Room 11
  • Room Level: First
  • Room Type: Laundry
Room 12
  • Room Level: First
  • Room Type: Kitchen
Rental
Rent Information
  • Lease Considered: No

Property History for 516 Valley Road

DateEvent & SourcePriceAppreciation
Mar 14, 2022

Sold

CAAR #622430

$550,000—
Sep 22, 2021

Listed (Active)

CAAR #622430

$687,000—
DateEvent & SourcePrice
03/14/2022

Sold

CAAR #622430

$550,000
09/22/2021

Listed (Active)

CAAR #622430

$687,000

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

Public Records for 516 Valley Road

Taxable ValueLand$185,000Additions$412,800Total$597,800
Tax Record2025$5,930 ($494 / month)
Home Facts
Baths2.5Total Finished SqFt1,975 SqFtAbove Grade Finished SqFt1,358 SqFtFinished Basement SqFt617 SqFtStories2Lot Size7,841 SqFtStyleDuplexYear Built1939ZoningR-BCountyCHARLOTTESVILLE CITYAPN110076000Fireplace TypeHas Fireplace

Schools near 516 Valley Road

This home is within Charlottesville Cty Public Schools.
Rating
School
Type
Grades
Distance
Venable Elementary School
Public - PK to 4
Buford Middle School
Public - 7 to 8
Charlottesville High School
Public - 9 to 12
Walker Upper Elementary School
Public - 5 to 6
Rating
School
Distance
Venable Elementary School
PublicPK to 4

Buford Middle School
Public7 to 8

Charlottesville High School
Public9 to 12

Walker Upper Elementary School
Public5 to 6

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.

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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 LORING WOODRIFF REAL ESTATE ASSOCIATES, ELIZABETH FEIL MATTHEWS

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.