This renovated home is right in the heart of Charlottesville, zoned multifamily and is move-in ready! Granite countertops, new stainless steel appliances, easy-clean LVP flooring, 2025 heat pumps, and the list goes on! The basement is finished with 2 bedrooms, a full bath and kitchen. Live upstairs and rent the basement! Investors could rent out both units for a long term investment. Close to dining, shopping, and more. This unique property has a lot to offer, reach out to your favorite Realtor to tour today!
Active
Price cut: $5K (8/19)
$450,000
500 Ridge St, Charlottesville, VA 22902
5beds
2,194sqft
Single Family Residence
Built in 1925
8,276 Square Feet Lot
$446,600 Zestimate®
$205/sqft
$-- HOA
What's special
Easy-clean lvp flooringGranite countertopsNew stainless steel appliances
- 87 days
- 1,032
- 46
Zillow last checked:
Listing updated:
Listed by:
Gordon Cowan 540-229-4307,
Weichert Realtors Nancy Beahm Real Estate 540-433-6666
Source: CAAR,MLS#: 678358
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORS
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Features
- Primary Downstairs
- Basement: Finished
Interior area
- Total structure area: 2,523
- Total interior livable area: 2,194 sqft
- Finished area above ground: 1,574
- Finished area below ground: 620
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 51540290278000
- Zoning description: R-3 Multifamily Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Block
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Other
Community & HOA
Community
- Subdivision: FIFEVILLE
HOA
- Has HOA: No
Location
- Region: Charlottesville
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $437,700
- Annual tax amount: $4,361
- Date on market: 6/11/2026
- Cumulative days on market: 88 days
Estimated market value
$446,600
$424,000 - $469,000
$2,619/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $450,000-1.1%$205/sqft |
Source:  CAAR #678358 Report a problem | ||
| 7/9/2026 | Price change | $455,000-2.2%$207/sqft |
Source: CAAR #678358 Report a problem | ||
| 6/30/2026 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/25/2026 | Price change | $465,000-2.1%$212/sqft |
Source: CAAR #678358 Report a problem | ||
| 6/12/2026 | Listed for sale | $475,000+52.5%$216/sqft |
Source: CAAR #678358 Report a problem | ||
| 11/9/2025 | Listing removed | $311,500$142/sqft |
Source: CAAR #664321 Report a problem | ||
| 10/30/2025 | Price change | $311,500-0.8%$142/sqft |
Source: CAAR #664321 Report a problem | ||
| 10/2/2025 | Price change | $314,000-0.3%$143/sqft |
Source: CAAR #664321 Report a problem | ||
| 9/12/2025 | Price change | $315,000-1.6%$144/sqft |
Source: CAAR #664321 Report a problem | ||
| 8/14/2025 | Price change | $320,000-2.7%$146/sqft |
Source: CAAR #664321 Report a problem | ||
| 8/8/2025 | Price change | $329,000-0.2%$150/sqft |
Source: CAAR #664321 Report a problem | ||
| 7/18/2025 | Price change | $329,500-0.2%$150/sqft |
Source: CAAR #664321 Report a problem | ||
| 6/6/2025 | Price change | $330,000-1.5%$150/sqft |
Source: CAAR #664321 Report a problem | ||
| 5/19/2025 | Listed for sale | $335,000$153/sqft |
Source: CAAR #664321 Report a problem | ||
| 5/14/2025 | Pending sale | $335,000$153/sqft |
Source: CAAR #664321 Report a problem | ||
| 5/9/2025 | Listed for sale | $335,000+915.2%$153/sqft |
Source: CAAR #664321 Report a problem | ||
| 2/1/1983 | Sold | $33,000$15/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,361 +7.2% | $437,700 +7.3% |
| 2024 | $4,068 +5.9% | $407,800 +3.8% |
| 2023 | $3,842 +146.2% | $392,700 +20.8% |
| 2022 | $1,560 -48.7% | $325,100 +1.6% |
| 2021 | $3,041 | $320,100 +1.5% |
| 2020 | -- | $315,400 +2% |
| 2019 | $2,937 +7.1% | $309,200 +10% |
| 2018 | $2,742 | $281,100 |
| 2017 | -- | $281,100 +11.5% |
| 2016 | $2,565 | $252,000 |
| 2015 | $2,565 | $252,000 -4% |
| 2014 | $2,565 | $262,500 |
| 2013 | $2,565 | $262,500 |
| 2012 | $2,565 -1.5% | -- |
| 2011 | $2,603 | -- |
| 2010 | -- | -- |
| 2009 | $2,536 | -- |
| 2008 | -- | $238,900 +10% |
| 2007 | -- | $217,100 +30.3% |
| 2006 | -- | $166,600 +27.1% |
| 2005 | -- | $131,100 +24.3% |
| 2004 | -- | $105,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Ridge St
Nearby schools
Schools provided by the listing agent
- Elementary: Summit
- Middle: Charlottesville Middle
- High: Charlottesville
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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