29 days on rocket

1704 Old Brook Rd, Charlottesville, VA, 22901

$875,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,544 SqFt
$344/SqFt
House

Location

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1704 Old Brook Rd, Charlottesville$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1967
HeatingBaseboard, Hot Water
CoolingNone
BasementYes
MLS #658093
Lot Size7.96 Acres
StatusActive
(ACTIVE)

About 1704 Old Brook Rd

Welcome to 1700-1704 Old Brook Road, a unique investment opportunity nestled in the heart of Albemarle County's Urban Area. This expansive property boasts two distinct residences - a stately brick home in need of complete renovation and a separate cottage, which could be renovated, 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. Listed at $875,000, this property presents endless potential for the discerning Investor. This property is great for the contractor client or investor to rehab and rent these two homes. The main residence offers three bedrooms and two bathrooms spread across a generous 2544 square feet of living space. The secondary cottage has 754 square feet and mirrors the need for renovation and TLC of the main house. The cottage offers additional accommodation or rental income possibilities. With the shortage of an inventory of homes in our area, this investment provides an exciting canvas for those seeking to customize their new investment or create an attractive rental proposition. This vast property is zoned R-2 which allows less lot space and road frontage than a normal rural lot and uniquely provides an optional benefits

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1967
  • Stories: 1
  • Living Area: 2,544 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • 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 houses at 1700 and 1704 Old Brook Rd on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $344/SqFt

Tax Information:

  • Annual Amount: $4,444
  • 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

1704 Old Brook Rd vs Charlottesville

29 DAYS ON ROCKET

+4 Days

$875,000

+$342.9K More

$344/SqFt

+$93 More

KEY TAKEAWAY

This property is $342.9K more than the Median Sold Price and $93/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: #658093

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: 11/21/2024, 8:20:53 AM 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$4,444$525,600
2020$4,444$520,400
2019$4,493$526,200
2018$4,415$526,200
2017$4,451$530,500

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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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-231886
3
/10

  • Woodbrook Elementary School

  • 100 Woodbrook Dr

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-231887
3
/10

  • Agnor-Hurt Elementary School

  • 3201 Berkmar Dr

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-231888
5
/10

  • Greenbrier Elementary School

  • 2228 Greenbrier Dr

  • 1.47 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 $79,337. Residents of Charlottesville, VA typically earn between $35k-100k each year. The majority of families are married, no kids. Most 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

What is the listing price of this property?

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

What type of property is this?

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

Is this property for sale now?

Active Listing: 1704 Old Brook 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 $4,444 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1704 Old Brook Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1704 Old Brook Rd is 2,544 SqFt (source: MLS/tax record).

Which year was this property built?

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

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

This home is located at 1704 Old Brook Rd in Charlottesville, VA and zip code 22901. This 2,544 square foot home, which was built in 1967, sits on a 7.96 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $875,000.

In October 2024 more than 32 listings in Charlottesville, VA were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 40 were sold below. Between September 2024 and October 2024, Charlottesville, VA real estate market has seen increase in the number of listings by 4.6%. In October 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $532,051.

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

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