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1316 Chesapeake St, Charlottesville, VA, 22902

$449,900

Home List Price

$5,343*

Closing Credit

2 Bedrooms
1 Full Bath
892 SqFt
$504/SqFt
House

Location

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1316 Chesapeake St, Charlottesville$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1940
CoolingNone
ViewOther
MLS #658907
Lot Size0.14 Acres
StatusActive
(ACTIVE)

About 1316 Chesapeake St

GREAT INVESTMENT Build 3-5 more homes in rear lot if leave cottage. 5 allowed if affordable housing. Popular Woolen Mills near downtown & walk to restaurants and 5 homes from Meade Park & Pool. Tiny Houses would be ideal and furnish the for great rental income suggested. REDUCED $50,000 sold as is . in docs is letter from city zoning stating what can be done with property. allowing 3-5 more homes . Law suit pending call City Zoning re the latest on suit. Quick closing possible rent or live cottage and add other homes,Formica Counter

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1940
  • Stories: 1
  • Living Area: 892 SqFt

Listing Office:

  • Office Name: RE/MAX GATEWAY
  • Office Phone: (540) 341-1000
  • Listing Agent: KAREN KEHOE

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Hardwood, Other
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other

Lot Features

Lot Information:

  • Lot: Sloped, Open Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Meade avenue at meade park to chesapeake home on right 5-6 doors from pool

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $504/SqFt

Tax Information:

  • Annual Amount: $2,207
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Charlottesville, VA.

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Charlottesville, VA

City

Med. Sold Price

$536K

Med. Price/SqFt

$252

Avg. Days On Market

27

# of Sold Homes

112

1316 Chesapeake St vs Charlottesville

31 DAYS ON ROCKET

+4 Days

$449,900

-$86.1K Less

$504/SqFt

+$251 More

KEY TAKEAWAY

This property is $86.1K less than the Median Sold Price and $251/SqFt more than other homes in Charlottesville, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #658907

Listing Office:

  • Office Name: RE/MAX GATEWAY
  • Office Phone: (540) 341-1000
  • Listing Agent: KAREN KEHOE

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,207$238,700
2020$2,207$227,800
2019$2,142$221,000
2018$1,976$203,400
2017$1,855$190,700

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-819542
2
/10

  • Clark Elementary School

  • 1000 Belmont Ave

  • 0.57 miles

  • Public District Grades PK-4

school-card-donut-819543
4
/10

  • Burnley-Moran Elementary School

  • 1300 Long St

  • 0.62 miles

  • Public District Grades PK-4

school-card-donut-819544
8
/10

  • Venable Elementary School

  • 406 14th St NW

  • 1.87 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,630. Typical income of Charlottesville, VA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1316 Chesapeake St

What is the listing price of this property?

The listing price of 1316 Chesapeake St property is $449,900.

What type of property is this?

The property 1316 Chesapeake St is a house located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Active Listing: 1316 Chesapeake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,207 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1316 Chesapeake St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1316 Chesapeake St is 892 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1316 Chesapeake St is 1940.

Rocket Homes›Virginia›Charlottesville›22902›1316 Chesapeake St

This home is located at 1316 Chesapeake St in Charlottesville, VA and zip code 22902 in the Woolen Mills neighborhood. This 892 square foot home, which was built in 1940, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $449,900.

In November 2024 more than 28 listings in Charlottesville, VA were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 52 were sold below. The inventory of homes for sale in Charlottesville, VA between October 2024 and November 2024 decreased by 14.4%. While the average time on the market in November 2024 was 27 days, the median list price was $536,000.

From Rocket Homes Real Estate and based on county public records data.

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