2 months on rocket

500 Crestwood Dr Unit 1202, Charlottesville, VA, 22903

$699,850

Home List Price

$8,311*

Closing Credit

2 Bedrooms
2 Full Baths
1,577 SqFt
$444/SqFt
Condo

Location

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500 Crestwood Dr Unit 1202, Charlottesville$699,850

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1991
HeatingCentral, Forced Air
CoolingCentral Air, Heat Pump
MLS #656934
StatusActive
(ACTIVE)

About 500 Crestwood Dr Unit 1202

A spectacular renovation, featuring the expansion of the primary suite, spared no expense and transformed this home into a one-of-a-kind offering in coveted University Village. The thoughtful modernization moved walls to make room for the gracious primary bedroom (22'x15') that now has direct access to the east-facing balcony. The main bathroom, gutted to the studs, boasts a heated marble floor, enlarged shower, double vanities, and high-end finishes. Throughout the unit, there is new LVP flooring (save the second bedroom, which has carpet), fresh paint, contemporary lighting, and window treatments, like wood shutters and electronic shades. In the kitchen, there is a new refrigerator and custom-built cutting board/serving station that maximizes countertop space. The home features a renovated second bathroom, too, and a two-zone HVAC system. Enjoy stunning sunrises over the rolling countryside, as well as proximity to restaurants, shops, walking trails, UVA, and much more. University Village has a heated indoor pool, gym, library, 24-hour front desk attendant, optional five-night dining, and guest parking. Dues cover electricity, heating, cooling, water, gas, and cable.,Painted Cabinets,Quartz Counter

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1991
  • Stories: 1
  • Living Area: 1,577 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: No
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Turn onto Crestwood Dr from Old Ivy Rd. Follow signs to University Village at the top of the hill. Enter through the main lobby.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,850
  • Price Per SqFt: $444/SqFt

HOA Fees:

  • Amount: $2399
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,354
  • Tax Year: 2020
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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

500 Crestwood Dr Unit 1202 vs Charlottesville

64 DAYS ON ROCKET

+39 Days

$699,850

+$167.7K More

$444/SqFt

+$193 More

KEY TAKEAWAY

This property is $167.7K more than the Median Sold Price and $193/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: #656934

Listing Office:

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

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, 9:20:56 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 - $425,900
2020$3,354$392,800
2019$2,904$340,100
2018$3,265$389,200
2017$3,069$365,800

History based on county public records data.

Payment Calculator

$5,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-242435
8
/10

  • Venable Elementary School

  • 406 14th St NW

  • 1.50 miles

  • Public District Grades PK-4

school-card-donut-242436
1
/10

  • Greer Elementary School

  • 190 Lambs Ln

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-242437
4
/10

  • Johnson Elementary School

  • 1645 Cherry Ave

  • 2.14 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 $42,969. The most common annual income of people living in Charlottesville, VA is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Crestwood Dr Unit 1202

What is the listing price of this property?

The listing price of 500 Crestwood Dr Unit 1202 property is $699,850.

What type of property is this?

The property 500 Crestwood Dr Unit 1202 is a condo located in Charlottesville, Virginia, 22903.

Is this property for sale now?

Active Listing: 500 Crestwood Dr Unit 1202 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 2020 is $3,354 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 500 Crestwood Dr Unit 1202 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Crestwood Dr Unit 1202 is 1,577 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Crestwood Dr Unit 1202 is 1991.

Rocket Homes›Virginia›Charlottesville›22903›500 Crestwood Dr Unit 1202

This home is located at 500 Crestwood Dr Unit 1202 in Charlottesville, VA and zip code 22903 in the University Village neighborhood. This 1,577 square foot home was built in 1991. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $699,850.

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. The inventory of homes for sale in Charlottesville, VA between September 2024 and October 2024 increased by 4.6%. Listings spent 25 days on the market in October 2024, and had a median list price of $532,051 during the same period.

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

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