2 months on rocket

1704 Old Brook Rd Unit 1700, Charlottesville, VA, 22901

$875,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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1704 Old Brook Rd Unit 1700, Charlottesville$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1967
HeatingBaseboard, Hot Water
CoolingNone
BasementYes
MLS #657954
Lot Size7.96 Acres
StatusActive
(ACTIVE)

About 1704 Old Brook Rd Unit 1700

1700-1704 Old Brook Road, a unique investment opportunity nestled in the heart of Albemarle County's Urban Area. This expansive property has two residences - a stately brick home in need of complete renovation and a separate cottage, which could be used for an accessory building or rental, but also needs a complete renovation. These two homes are situated on an impressive 7.9-acre lot. This property presents potential for the discerning Investor. and great for the contractor client or investor to rehab and rent these two homes. The land itself appears to allow for the development of one or two lots in addition to the existing dwellings, subject to county guidelines.,Formica Counter,Wood Cabinets

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1967

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot: Other, Sloped, Wooded
  • Lot Size: 7.96 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: From Rio Rd, turn onto Old Brook Rd. Go 0.7 miles to the two Houses at 1700 and 1704 Old Brook Rd on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
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Housing Market Comparison

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

Med. Sold Price

$536K

Med. Price/SqFt

$252

Avg. Days On Market

27

# of Sold Homes

112

1704 Old Brook Rd Unit 1700 vs Charlottesville

65 DAYS ON ROCKET

+38 Days

$875,000

+$339K More

KEY TAKEAWAY

This property is $339K more than the Median Sold Price in Charlottesville, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #657954

Listing Office:

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

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, 7:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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NMLS#3030

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-767334
3
/10
  • Woodbrook Elementary School

  • 100 Woodbrook Dr

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-767335
3
/10
  • Agnor-Hurt Elementary School

  • 3201 Berkmar Dr

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-767336
5
/10
  • Greenbrier Elementary School

  • 2228 Greenbrier Dr

  • 1.47 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,337. The majority of Charlottesville, VA residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1704 Old Brook Rd Unit 1700

What is the listing price of this property?

The listing price of 1704 Old Brook Rd Unit 1700 property is $875,000.

What type of property is this?

The property 1704 Old Brook Rd Unit 1700 is a house located in Charlottesville, Virginia, 22901.

Is this property for sale now?

Active Listing: 1704 Old Brook Rd Unit 1700 is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 1704 Old Brook Rd Unit 1700 is 1967.

Rocket Homes›Virginia›Albemarle County›Charlottesville›22901›1704 Old Brook Rd Unit 1700

This home is located at 1704 Old Brook Rd Unit 1700 in Charlottesville, VA and zip code 22901. This home, which was built in 1967, sits on a 7.96 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $875,000.

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 number of homes for sale in Charlottesville, VA decreased by 14.4% between October 2024 and November 2024. 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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