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500 Crestwood Dr Unit 1606, Charlottesville, VA, 22903

$699,900

Home List Price

$8,311*

Closing Credit

2 Bedrooms
2 Full Baths
1,449 SqFt
$483/SqFt
Condo

Location

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500 Crestwood Dr Unit 1606, Charlottesville$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1991
HeatingCentral, Forced Air
CoolingCentral Air
MLS #657418
StatusActive
(ACTIVE)

About 500 Crestwood Dr Unit 1606

Sought after "Penthouse" unit available in University Village, Charlottesville's premier 55+ community. Priced To Sell at $18,000 below current assessed value! Enjoy stunning views, spectacular sunrises and sparkling city lights at night. Large sunroom with panoramic mountain views. 10' Cathedral ceilings throughout. Freshly painted with new carpeting and luxury vinyl plank flooring. Updated kitchen with black stainless steel apppliances, tile backsplash, quartz composite sink and Champagne Bronze faucet. Main ensuite with double vanity, walk in shower and jetted tub. Two large walk-in closets, two pantries and large laundry room provide ample storage. Amenities: 75' heated year round pool, exercise rooms and classes, library, guest rooms, art studio, hairdresser by appointment, LYFT services, guest speakers, movies and more. Condo fee covers: electricity, heating, cooling, water, sewer, trash, basic cable and a portion of dining costs. Fine dining available 5 nights a week, optional with no minimums. Underground parking spot just steps from the elevator with storage closet. All of this in a beautiful setting minutes from wonderful restaurants, entertainment, educational and cultural activities.,Solid Surface Counter

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1991
  • Stories: 1
  • Living Area: 1,449 SqFt

Listing Office:

  • Office Name: ACCESS II REALTY
  • Office Phone: (434) 974-9874
  • Listing Agent: TRICIA VAN HOOK

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile
  • 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

Other

Directions Information:

  • Directions: From Foods of All Nations, take Old Ivy Rd to right on Crestwood Dr. Proceed to Visitor Parking at top of hill and park in front.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $483/SqFt

HOA Fees:

  • Amount: $2204
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,952
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$532K

Med. Price/SqFt

$250

Avg. Days On Market

25

# of Sold Homes

107

500 Crestwood Dr Unit 1606 vs Charlottesville

49 DAYS ON ROCKET

+24 Days

$699,900

+$167.8K More

$483/SqFt

+$232 More

KEY TAKEAWAY

This property is $167.8K more than the Median Sold Price and $232/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: #657418

Listing Office:

  • Office Name: ACCESS II REALTY
  • Office Phone: (434) 974-9874
  • Listing Agent: TRICIA VAN HOOK

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

Listing History

Jul 07, 2016Home Sold
$435,000
Oct 24, 2013Home Sold
$309,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,952$505,000
2020$3,952$462,800
2019$3,404$398,600
2018$3,850$458,900
2017$3,609$430,200

History based on county public records data.

Payment Calculator

$5,765

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-227723
8
/10
  • Venable Elementary School

  • 406 14th St NW

  • 1.50 miles

  • Public District Grades PK-4

school-card-donut-227724
1
/10
  • Greer Elementary School

  • 190 Lambs Ln

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-227725
4
/10
  • Johnson Elementary School

  • 1645 Cherry Ave

  • 2.14 miles

  • Public District Grades PK-4

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. Typical family type is 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

Frequently Asked Questions About 500 Crestwood Dr Unit 1606

What is the listing price of this property?

The listing price of 500 Crestwood Dr Unit 1606 property is $699,900.

What type of property is this?

The property 500 Crestwood Dr Unit 1606 is a condo located in Charlottesville, Virginia, 22903.

Is this property for sale now?

Active Listing: 500 Crestwood Dr Unit 1606 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 $3,952 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 7, 2016 for $435,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Crestwood Dr Unit 1606 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Crestwood Dr Unit 1606 is 1,449 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Crestwood Dr Unit 1606 is 1991.

Rocket Homes›Virginia›Charlottesville›22903›500 Crestwood Dr Unit 1606

This home is located at 500 Crestwood Dr Unit 1606 in Charlottesville, VA and zip code 22903 in the University Village neighborhood. This 1,449 square foot home was built in 1991. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $699,900.

Charlottesville, VA housing market in October 2024 saw over 32 listings sold above listed price, more than 33 sold at listed price and over 40 sold below. The number of homes for sale in Charlottesville, VA increased by 4.6% between September 2024 and October 2024. 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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