516 Valley Road

Closed 3/14/22
Closed 3/14/22
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Sold
Last Sold Price
$550,000
4 beds1,697 sqft
516 Valley Rd, Charlottesville, VA 22903
Single FamilyProperty Type
0.18 acresLot Size
1939Year Built
$324/sq ftPrice per sq ft

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.
  • Listed by: ELIZABETH FEIL MATTHEWS 434.284.2105 ELIZABETHFEILMATTHEWS@GMAIL.COM Brokerage DRE #226019676 • LORING WOODRIFF REAL ESTATE ASSOCIATES
Listing closed: 03/14/2022 12:00 AM • Source: CAAR, MLS#: 622430

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Recent comparable sales

Median sold price

$539,500

Avg days on market

28

Sale-to-list ratio

100.2%

Charlottesville, VA

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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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Property Information for 516 Valley Road

Property Details
  • Taxes: $3,580 / year
  • MLS Type: Residential / Single Family Residence
  • County: Charlottesville Independent City
  • Architectural Style: Traditional
  • Subdivision Name: NONE
  • View: Residential
  • Zoning: R-1SU (University Small L
Building Information
  • Year Built: 1939
  • Lot Size: 0.18 AC / 7,840 SF
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
  • Attached Garage: No
  • 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 Source: Public Records
  • Above Grade Finished Area Units: Square Feet
  • Above Grade Unfinished Area: 0.0
  • Above Grade Unfinished Area Source: Public Records
  • Above Grade Unfinished Area Units: Square Feet
  • Below Grade Finished Area: 617.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfinished Area: 100.0
  • Below Grade Unfinished Area Source: Public Records
  • Below Grade Unfinished Area Units: Square Feet
  • Building Area Source: Public Records
  • Building Area Total: 1797.0
  • Building Area Units: Square Feet
  • Living Area: 1697.0
  • Living Area Source: Public Records
  • Lot Features: Garden, Open Lot
  • Lot Size Acres: 0.18
Property and Assessments
  • Disclosures: Seller Disclosure
  • New Construction: No
  • Parcel Number: 110076000
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Detached
  • Property Type: Residential
  • Sign On Property: Yes
  • 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
  • Spa: No
  • 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

Harrisonburg-Rockingham AOR #622430

$550,000—
Mar 14, 2022

Sold

CAAR #622430

$550,000—
Sep 22, 2021

Listed (Active)

Harrisonburg-Rockingham AOR #622430

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

Sold

Harrisonburg-Rockingham AOR #622430

$550,000
03/14/2022

Sold

CAAR #622430

$550,000
09/22/2021

Listed (Active)

Harrisonburg-Rockingham AOR #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$422,800Total$607,800
Tax Record2026$6,089 ($507 / month)
Home Facts
Baths2.5Total Finished SqFt1,975 SqFtAbove Grade Finished SqFt1,358 SqFtFinished Basement SqFt617 SqFtStories1Lot Size7,841 SqFtStyleDuplexYear Built1939Year Renovated1989ZoningR-BCountyCHARLOTTESVILLE CITYAPN110076000

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 516 Valley Road, Charlottesville, VA 22903
$550,000
4
1,697
7,840
518 Valley Road, Charlottesville, VA 22903
–
–
–
–
2,614
514 Valley Road, Charlottesville, VA 22903
–
–
3
2,303
5,227
520 Valley Road, Charlottesville, VA 22903
–
4
3
1,710
7,841
583 Brandon Avenue, Charlottesville, VA 22903
–
–
–
77,976
80,586
515 Valley Road, Charlottesville, VA 22903
$350,000
3
1,551
6,098

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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.