550 Valley Rd

Charlottesville, VA 22903

$670,000
Last Sold Price
3
Beds
1,712 Sq. Ft.
$391 / Sq. Ft.
1,712
Sq. Ft.
$391
per Sq. Ft.
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Closed 8/8/24
Closed 8/8/24
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Description

Terrific investment opportunity in an unparalleled location! Walkable to UVA Grounds, Medical Center and Scott Stadium! Located in the Oakhurst–Gildersleeve Neighborhood Historic District, this handsome 1940s Tudor Revival stone cottage offers three bedrooms, two full baths, with 1.5 stories plus partially finished lower level. Large wood-paneled living room with wood-burning fireplace opens onto the similarly paneled dining room featuring charming built-ins. Updated kitchen and newer windows. Second...Terrific investment opportunity in an unparalleled location! Walkable to UVA Grounds, Medical Center and Scott Stadium! Located in the Oakhurst–Gildersleeve Neighborhood Historic District, this handsome 1940s Tudor Revival stone cottage offers three bedrooms, two full baths, with 1.5 stories plus partially finished lower level. Large wood-paneled living room with wood-burning fireplace opens onto the similarly paneled dining room featuring charming built-ins. Updated kitchen and newer windows. Second level includes large study/loft space and spacious bedroom with en suite bath, plus good closet and storage space. Lower level features a bonus room, laundry room and good storage. Mature trees and plants and expansive rear patio are some of the outdoor delights. Large city lot of one-third acre could allow for further expansion, especially in light of the new R-B Zoning that allows up to 6 units. Freshly painted inside and out. Recent landscaping and driveway improvements.
  1. Listed by PEG GILLILAND • Brokerage DRE #226022781 • CHARLOTTESVILLE SOLUTIONS
    P: (434)-242-1470 C: (434)-242-1470 peggilliland1@gmail.com

Property Details for 550 Valley Road

Architectural Style
Tudor
Subdivision Name
NONE
Zoning
RB Residential-Business D
LISTING CLOSED: 08/08/2024 12:00 AM

Property Details for 550 Valley Road

StatusClosed
MLS #655176
Days on Market2
Taxes$6,312 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Detached
Year Built1940
Lot Size0.30 AC / 13,068 SF
CountyCharlottesville Independent City
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Location

Listing Courtesy of CHARLOTTESVILLE SOLUTIONS, PEG GILLILAND

Sold By NEST REALTY GROUP, MARCELA FOSHAY

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Building Information for 550 Valley Road

Stories-Year Built1940Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

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$3,932 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,406

Property Taxes

$526

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 550 Valley Road

Summary
Location and General Information
  • Directions: Jefferson Park Ave, turn onto Valley Rd, fourth house on the right (third driveway) OR turn onto Oakhurst Circle to right onto Gildersleeve Wood to right on Valley Rd, house on left.
  • Latitude: 38.02947
  • Longitude: -78.507887
  • Water Source: Public
  • Year Built: 1940
Taxes and HOA
  • Association: No
  • Tax Annual Amount: $6,312
  • Tax Legal Description: LOT
  • Tax Year: 2024
Parking
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached, GarageFacesFront, Garage
School Information
  • Elementary School: Trailblazer
  • High School: Charlottesville
  • Middle Or Junior School: Walker & Buford
Property
Lot Information
  • Above Grade Finished Area: 1439.0
  • Above Grade Finished Area Units: SquareFeet
  • Above Grade Unfinished Area: 0.0
  • Above Grade Unfinished Area Units: SquareFeet
  • Below Grade Finished Area: 273.0
  • Below Grade Finished Area Units: SquareFeet
  • Below Grade Unfinished Area: 174.0
  • Below Grade Unfinished Area Units: SquareFeet
  • Building Area Total: 2086.0
  • Building Area Units: SquareFeet
  • Living Area: 1712.0
  • Lot Features: HistoricDistrict
  • Lot Size Acres: 0.3
Property and Assessments
  • Disclaimer: The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of Bright MLS via the CAAR/Bright MLS data share.
  • New Construction: No
  • Parcel Number: 110051000
  • Property Attached: No
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached
  • Property Type: Residential
  • Senior Community: No
  • Zoning Description: RB Residential-Business District
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable, FiberOpticAvailable, HighSpeedInternetAvailable
Interior and Exterior Features
Exterior Features
  • Construction Materials: StickBuilt, Stone, WoodSiding
  • Fireplace Features: One, WoodBurning
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Foundation Details: Stone
  • Roof: AsbestosShingle, Tile
Interior Features
  • Basement: Heated, InteriorEntry, Partial, PartiallyFinished, SumpPump
  • Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: CentralAir
  • Cooling: Yes
  • Flooring: Hardwood
  • Heating: HotWater
  • Heating: Yes
  • Interior Features: Remodeled, Loft
  • Levels: OneAndOneHalf
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Room Type: Bathroom, BonusRoom, Bedroom, DiningRoom, FullBath, Kitchen, Laundry, Loft, LivingRoom
  • Window Features: CasementWindows
  • Appliances: Dishwasher, ElectricRange, Refrigerator, Dryer, Washer
Room Information
Room Information
  • Human Modified: No
Room 1
  • Room Level: First
  • Room Type: Bedroom
Room 2
  • Room Level: Basement
  • Room Type: Laundry
Room 3
  • Room Level: Basement
  • Room Type: BonusRoom
Room 4
  • Room Level: Second
  • Room Type: Bathroom
Room 5
  • Room Level: First
  • Room Type: Bathroom
Room 6
  • Room Level: First
  • Room Type: DiningRoom
Room 7
  • Room Level: First
  • Room Type: LivingRoom
Room 8
  • Room Level: Second
  • Room Type: Loft
Room 9
  • Room Level: Second
  • Room Type: Bedroom
Room 10
  • Room Level: First
  • Room Type: Kitchen
Rental
Rent Information
  • Lease Considered: No

Property History for 550 Valley Road

DateEvent & SourcePriceAppreciation
Aug 8, 2024

Sold

CAAR #655176

$670,000—
Jul 19, 2024

Listed (Active)

CAAR #655176

$675,000—
Dec 1, 2021

Sold

CAAR #622605

$585,000—
DateEvent & SourcePrice
08/08/2024

Sold

CAAR #655176

$670,000
07/19/2024

Listed (Active)

CAAR #655176

$675,000
12/01/2021

Sold

CAAR #622605

$585,000

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

Public Records for 550 Valley Road

Taxable ValueLand$222,000Additions$451,700Total$673,700
Tax Record2025$6,674 ($556 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,712 SqFtAbove Grade Finished SqFt1,439 SqFtFinished Basement SqFt273 SqFtStories2Lot Size13,068 SqFtStyleSingle Family ResidenceYear Built1940ZoningR-BCountyCHARLOTTESVILLE CITYAPN110051000Fireplace TypeHas Fireplace

Schools near 550 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 CHARLOTTESVILLE SOLUTIONS, PEG GILLILAND

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.