4 months on rocket

748 Lexington Ave, Charlottesville, VA, 22902

$1,895,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,537 SqFt
$536/SqFt
House

Location

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748 Lexington Ave, Charlottesville$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1955
CoolingHeat Pump, Ventilation System, Central Air
BasementYes
ViewOther, Trees/Woods
MLS #654685
Lot Size0.17 Acres
StatusActive
(ACTIVE)

About 748 Lexington Ave

Discover a newly transformed urban retreat in coveted North Downtown, where this impeccably renovated home redefines contemporary living. Recently expanded and upgraded with eco-friendly materials, the residence boasts an open-concept layout that seamlessly connects the main floor's living spaces to a serene but grand great room overlooking mature trees. This residence exemplifies eco-conscious living without compromise. High-efficiency mechanical systems ensure optimal comfort and energy savings year-round. Outdoor enthusiasts will delight in the abundance of private relaxation and entertainment areas, including a covered front porch, screened porch, and multiple decks, notably a spacious deck off the primary suite complete with an outdoor shower and hot tub. Professionally designed landscaping with Virginia native plants. Perfectly situated for effortless access to downtown's diverse dining and cultural offerings, this home offers a blend of modern luxury and convenience, exemplified by its meticulous updates and proximity to urban amenities. See list of improvements in docs section.,Soapstone Counter,Wood Cabinets,Fireplace in Great Room

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1955
  • Stories: 3
  • Living Area: 3,537 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Stove - Wood, Primary Bath(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other, Trees/Woods
  • Exterior: Hot Tub

Lot Features

Lot Information:

  • Lot: Landscaped, Private
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Cooling: Heat Pump, Ventilation System, Central Air

Other

Directions Information:

  • Directions: From High Street take Lexington Avenue to house on right. From Park Street take Evergreen Avenue to Lexington to house on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000
  • Price Per SqFt: $536/SqFt

Tax Information:

  • Annual Amount: $3,343
  • 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

748 Lexington Ave vs Charlottesville

127 DAYS ON ROCKET

+102 Days

$1,895,000

+$1.3M More

$536/SqFt

+$285 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $285/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: #654685

Listing Office:

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

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: 11/14/2024, 10:20:53 PM 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$3,343$373,000
2020$3,343$347,300
2019$3,262$338,900
2018$2,982$309,300
2017$2,784$288,500

History based on county public records data.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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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-286805
4
/10

  • Burnley-Moran Elementary School

  • 1300 Long St

  • 0.40 miles

  • Public District Grades PK-4

school-card-donut-286806
2
/10

  • Clark Elementary School

  • 1000 Belmont Ave

  • 0.99 miles

  • Public District Grades PK-4

school-card-donut-286807
8
/10

  • Venable Elementary School

  • 406 14th St NW

  • 1.43 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 $70,597. Typical income of Charlottesville, VA residents is between $35k-100k annually. The majority of 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

Frequently Asked Questions About 748 Lexington Ave

What is the listing price of this property?

The listing price of 748 Lexington Ave property is $1,895,000.

What type of property is this?

The property 748 Lexington Ave is a house located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Active Listing: 748 Lexington Ave 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 $3,343 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 748 Lexington Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 748 Lexington Ave is 3,537 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 748 Lexington Ave is 1955.

Rocket Homes›Virginia›Charlottesville›22902›748 Lexington Ave

This home is located at 748 Lexington Ave in Charlottesville, VA and zip code 22902 in the North Downtown neighborhood. This 3,537 square foot home, which was built in 1955, sits on a 0.17 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $1,895,000.

While more than 32 listings in Charlottesville, VA in October 2024 were sold above asking price, there were more than 33 listings sold at asking price, and 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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