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1700 Monticello Rd, Charlottesville, VA, 22902

$750,000

Home List Price

$8,906*

Closing Credit

2 Bedrooms
1 Full Bath
1,020 SqFt
$735/SqFt
House

Location

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1700 Monticello Rd, Charlottesville$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1935
HeatingCentral, Forced Air
CoolingCentral Air
BasementYes
FireplaceWood
ViewMountain(s)
MLS #639297
Lot Size0.42 Acres
StatusActive
(ACTIVE)

About 1700 Monticello Rd

Price improvement on this incredible potential investment based on rezoning. Located in the heart of Belmont, this property is zoned R-B, which allows for 6-12 multi-family units for apartments or condos. The current residence is a traditional style craftsman design with original features preserving the history. There is a large detached garage with electricity, running water, heat/AC and could be turned into a studio apartment for additional income. Options to build on the lot to sell or for rental income. There is an above-ground pool with new liner, gazebo, bar, and outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.,Wood Cabinets,Fireplace in Bedroom

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler, Craftsman
  • Year Built: 1935
  • Stories: 1
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: REAL ESTATE III, INC.
  • Office Phone: (434) 817-9300
  • Listing Agent: DEBBIE CASH

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Entry Level Bedroom
  • Fireplace: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Other

Lot Features

Lot Information:

  • Lot: Landscaped, Level, Open Lot, Sloped
  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 250 East to right on East High St, left onto Meade Ave, left on Monticello Rd, 1700 is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $735/SqFt

Tax Information:

  • Annual Amount: $2,553
  • 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

$532K

Med. Price/SqFt

$250

Avg. Days On Market

25

# of Sold Homes

107

1700 Monticello Rd vs Charlottesville

622 DAYS ON ROCKET

+597 Days

$750,000

+$217.9K More

$735/SqFt

+$484 More

KEY TAKEAWAY

This property is $217.9K more than the Median Sold Price and $484/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: #639297

Listing Office:

  • Office Name: REAL ESTATE III, INC.
  • Office Phone: (434) 817-9300
  • Listing Agent: DEBBIE CASH

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: 11/21/2024, 12:20:56 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$2,553$262,400
2020$2,553$250,500
2019$2,552$250,500
2018$2,381$232,400
2017$2,183$211,650

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-296607
2
/10

  • Clark Elementary School

  • 1000 Belmont Ave

  • 0.45 miles

  • Public District Grades PK-4

school-card-donut-296608
4
/10

  • Burnley-Moran Elementary School

  • 1300 Long St

  • 1.43 miles

  • Public District Grades PK-4

school-card-donut-296609
4
/10

  • Jackson-Via Elementary School

  • 508 Harris Rd

  • 1.69 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 $32,111. Typical income of Charlottesville, VA residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1700 Monticello Rd

What is the listing price of this property?

The listing price of 1700 Monticello Rd property is $750,000.

What type of property is this?

The property 1700 Monticello Rd is a house located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Active Listing: 1700 Monticello Rd 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 $2,553 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1700 Monticello Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1700 Monticello Rd is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1700 Monticello Rd is 1935.

Rocket Homes›Virginia›Charlottesville›22902›1700 Monticello Rd

This home is located at 1700 Monticello Rd in Charlottesville, VA and zip code 22902 in the Belmont neighborhood. This 1,020 square foot home, which was built in 1935, sits on a 0.42 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 10, 2023 and is currently priced at $750,000.

While more than 32 listings in Charlottesville, VA in October 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 40 were sold below. The number of listings in Charlottesville, VA increased by 4.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 25 days, the median list price was $532,051.

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

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