5 months on rocket

218 W Water St, Charlottesville, VA, 22902

$3,265,000

5 Bedrooms
4 Full Baths
12,315 SqFt
$265/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
ParkingAttached Garage
Year Built2013
HeatingHeat Pump
CoolingCentral Air
ViewOther
MLS #654584
Lot Size0.71 Acres
StatusActive
(ACTIVE)

About 218 W Water St

An incredible opportunity to own one of the largest condominiums in the City and directly across from the Historic Downtown Mall. This condominium was previously used as office space (32 offices). It could easily be converted to an amazing condominium or subdivided into 3 separate units. The main level consists of 7815 sqft with floor to ceiling windows (two story) providing an incredible amount of natural light. Upstairs consist of about 4300sqft and would make a perfect theater room, gym, extra bedrooms etc. The location is ideal. Walk to everything the City has to offer. There are 5 parking spaces in the garage that convey with elevator.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2013
  • Stories: 2
  • Living Area: 12,315 SqFt

Listing Office:

  • Office Name: NEST REALTY GROUP
  • Office Phone: (434) 566-0121
  • Listing Agent: HEATHER GRIFFITH

Interior Features

Interior Information:

  • Basement: No
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.71 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Just one block off of the Historic Downtown Mall on the west end of Water Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,265,000
  • Price Per SqFt: $265/SqFt

HOA Fees:

  • Amount: $1421
  • Frequency: Monthly
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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

218 W Water St vs Charlottesville

173 DAYS ON ROCKET

+146 Days

$3,265,000

+$2.7M More

$265/SqFt

+$12 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $12/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: #654584

Listing Office:

  • Office Name: NEST REALTY GROUP
  • Office Phone: (434) 566-0121
  • Listing Agent: HEATHER GRIFFITH

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, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$17.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,855

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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-809375
2
/10
  • Clark Elementary School

  • 1000 Belmont Ave

  • 0.71 miles

  • Public District Grades PK-4

school-card-donut-809376
8
/10
  • Venable Elementary School

  • 406 14th St NW

  • 0.89 miles

  • Public District Grades PK-4

school-card-donut-809377
4
/10
  • Burnley-Moran Elementary School

  • 1300 Long St

  • 1.18 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,029. Typical income of Charlottesville, VA residents is between $35k-100k annually. The majority of families are single, 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 218 W Water St

What is the listing price of this property?

The listing price of 218 W Water St property is $3,265,000.

What type of property is this?

The property 218 W Water St is a townhouse located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Active Listing: 218 W Water St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 218 W Water St has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 218 W Water St is 12,315 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 218 W Water St is 2013.
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Rocket HomesVirginiaCharlottesville22902218 W Water St

This home is located at 218 W Water St in Charlottesville, VA and zip code 22902 in the North Downtown neighborhood. This 12,315 square foot home, which was built in 2013, sits on a 0.71 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $3,265,000.

Over 28 listings were sold over their listed price in November 2024 in Charlottesville, VA. In the same period over 52 listings were sold below the listed price and 28 listings were sold for the listed price. In November 2024 in Charlottesville, VA there were 14.4% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $536,000, while the average time on the real estate market was 27 days.

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

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