512 Ridge Street
512 Ridge Street
$1,125,000
4
2
1,511
1,511
$745
Description
Fantastic Development/Investment Potential currently has existing over/under duplex on Ridge Street and the extra land attached is ideal for future possible construction of new apartments or townhomes. Shown by appointment only, no visits to property without agent knowledge or permission. Access off of city street. Walk to the downtown Charlottesville Mall and only minutes from the University of Virginia. With the new zoning in place in 2024, the development plan should potentially allow for 13 luxury...Fantastic Development/Investment Potential currently has existing over/under duplex on Ridge Street and the extra land attached is ideal for future possible construction of new apartments or townhomes. Shown by appointment only, no visits to property without agent knowledge or permission. Access off of city street. Walk to the downtown Charlottesville Mall and only minutes from the University of Virginia. With the new zoning in place in 2024, the development plan should potentially allow for 13 luxury townhomes or about 30 apartments. Architect plans for the homes and the site plan are available upon request.
- Listed by TIM CARSON • REAL ESTATE III - NORTHP: 434-465-0846 C: 434-218-0043 timcarson@timcarson.com
Property Details for 512 Ridge Street
Subdivision
NONE
DirectionsFrom Downtown, take McIntire to Ridge, property is on Ridge St on the left between Oak and Elliott. You can view land by going from Ridge Street, to left on Elliott, left on Burnett to end of street and you can see behind the property.
WaterPublic Water
ZoningR-2 Two Family Residential
Location
LISTING UPDATED: 04/30/2024 07:17 PM
Property Details for 512 Ridge Street
Status | Active |
---|---|
MLS # | 582158 |
Days on Market | 1980 |
Taxes | $7,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Duplex Over/Under |
Year Built | 1957 |
Lot Size | 1.00 AC / 43,560 SF |
County | Charlottesville city |
Location
Building Information for 512 Ridge Street
Stories-Residences-Year Built1957Building Size-Lot Size1.00 AC / 43,560 SF
Payment Calculator
$6,723 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 512 Ridge Street
Property History for 512 Ridge Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 512 Ridge Street
Taxable ValueLand$258,800Additions$196,600Total$455,400
Tax Record2023$4,641 ($387 / month)
Home Facts
Baths2Total Finished SqFt1,523 SqFtAbove Grade Finished SqFt825 SqFtFinished Basement SqFt698 SqFtStories1Lot Size42,994 SqFtStyleDuplexYear Built1957Year Renovated1964ZoningR-2HCountyCHARLOTTESVILLE CITYAPN290274000
Schools near 512 Ridge Street
This home is within Charlottesville Cty Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 6 |
Rating | School | Distance |
---|---|---|
Clark 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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