2 months on rocket

413 Valley Road Ext, Charlottesville, VA, 22903

$655,000

Home List Price

$7,778*

Closing Credit

0 Baths
Multi

Location

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413 Valley Road Ext, Charlottesville$655,000

Buyer Closing Credits

$7,778*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2012
HeatingHeat Pump
CoolingHeat Pump
BasementYes
MLS #657800
Lot Size0.21 Acres
StatusActive
(ACTIVE)

About 413 Valley Road Ext

This well-maintained duplex offers a rare investment opportunity just minutes from the University of Virginia, UVA Medical Center, Downtown Charlottesville, Dairy Market, and Fifth Street Station. Both units feature identical floorplans with 3 bedrooms, 2.5 baths, and in-unit washer/dryer. Off-street parking and proximity to schools and parks make this property even more attractive to tenants. Unit A - $2,000/month, Unit B ? 1,725/month. Landlord responsible for water/trash. Units individually metered for electric. Current cap rate 5.375 with upside to 6.1 if second unit moved to market at renewal. Don?t miss out on this solid investment opportunity close to UVA!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2012

Listing Office:

  • Office Name: LORING WOODRIFF REAL ESTATE ASSOCIATES
  • Office Phone: (434) 977-4005
  • Listing Agent: INESSA TELEFUS

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From UVA, left on Shamrock, left on Cherry Ave, left on Valley Road Ext, property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $655,000
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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

413 Valley Road Ext vs Charlottesville

68 DAYS ON ROCKET

+41 Days

$655,000

+$119K More

KEY TAKEAWAY

This property is $119K 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: #657800

Listing Office:

  • Office Name: LORING WOODRIFF REAL ESTATE ASSOCIATES
  • Office Phone: (434) 977-4005
  • Listing Agent: INESSA TELEFUS

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: 12/18/2024, 8:20:58 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.

Payment Calculator

$3,337

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,030

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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-85024
4
/10

  • Johnson Elementary School

  • 1645 Cherry Ave

  • 0.29 miles

  • Public District Grades PK-4

school-card-donut-85025
4
/10

  • Jackson-Via Elementary School

  • 508 Harris Rd

  • 0.80 miles

  • Public District Grades PK-4

school-card-donut-85026
8
/10

  • Venable Elementary School

  • 406 14th St NW

  • 0.98 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 $57,724. Typical income of Charlottesville, VA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Charlottesville›22903›413 Valley Road Ext

This home is located at 413 Valley Road Ext in Charlottesville, VA and zip code 22903 in the Fry's Spring neighborhood. This home, which was built in 2012, sits on a 0.21 acre lot. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $655,000.

Charlottesville, VA housing market in November 2024 saw over 28 listings sold above listed price, more than 28 sold at listed price and over 52 sold below. In November 2024 in Charlottesville, VA there were 14.4% less homes for sale than in October 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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