Terrific investment opportunity in an unparalleled location! Walkable to UVA Grounds, Medical Center and Scott Stadium! Located in the Oakhurst–Gildersleeve Neighborhood Historic District, this handsome 1940s Tudor Revival stone cottage offers three bedrooms, two full baths, with 1.5 stories plus partially finished lower level. Large wood-paneled living room with wood-burning fireplace opens onto the similarly paneled dining room featuring charming built-ins. Updated kitchen and newer windows. Second level includes large study/loft space and spacious bedroom with en suite bath, plus good closet and storage space. Lower level features a bonus room, laundry room and good storage. Mature trees and plants and expansive rear patio are some of the outdoor delights. Large city lot of one-third acre could allow for further expansion, especially in light of the new R-B Zoning that allows up to 6 units. Freshly painted inside and out. Recent landscaping and driveway improvements.
Closed
$670,000
550 Valley Rd, Charlottesville, VA 22903
3beds
1,712sqft
Single Family Residence
Built in 1940
0.3 Acres Lot
$749,300 Zestimate®
$391/sqft
$2,189 Estimated rent
Home value
$749,300
$712,000 - $794,000
$2,189/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
PEG GILLILAND 434-242-1470,
CHARLOTTESVILLE SOLUTIONS
Bought with:
MARCELA FOSHAY, 0225210782
NEST REALTY GROUP
Source: CAAR,MLS#: 655176
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Bathroom, Bonus Room, Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Loft, Living Room
Bedroom
- Level: Second
Bedroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Second
Bonus room
- Level: Basement
Dining room
- Level: First
Kitchen
- Level: First
Laundry
- Level: Basement
Living room
- Level: First
Loft
- Level: Second
Heating
- Hot Water
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator, Dryer, Washer
Features
- Remodeled, Loft
- Flooring: Hardwood
- Windows: Casement Window(s)
- Basement: Heated,Interior Entry,Partial,Partially Finished,Sump Pump
- Number of fireplaces: 1
- Fireplace features: One, Wood Burning
Interior area
- Total structure area: 2,086
- Total interior livable area: 1,712 sqft
- Finished area above ground: 1,439
- Finished area below ground: 273
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage Faces Front, Garage
- Garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1.5
- Pool features: None
Lot
- Size: 0.3 Acres
- Features: Historic District
Details
- Parcel number: 110051000
- Zoning description: RB Residential-Business District
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tudor
- Property subtype: Single Family Residence
Materials
- Stick Built, Stone, Wood Siding
- Foundation: Stone
- Roof: Asbestos Shingle,Tile
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Fiber Optic Available, High Speed Internet Available
Community & HOA
Community
- Subdivision: NONE
HOA
- Has HOA: No
Location
- Region: Charlottesville
Financial & listing details
- Price per square foot: $391/sqft
- Tax assessed value: $673,700
- Annual tax amount: $6,312
- Date on market: 7/19/2024
- Cumulative days on market: 2 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2024 | Sold | $670,000-0.7%$391/sqft |
Source:  CAAR #655176 Report a problem | ||
| 7/21/2024 | Pending sale | $675,000$394/sqft |
Source: CAAR #655176 Report a problem | ||
| 7/20/2024 | Price change | $675,000+8%$394/sqft |
Source: CAAR #655176 Report a problem | ||
| 10/19/2021 | Pending sale | $625,000$365/sqft |
Source: CAAR #622605 Report a problem | ||
| 10/1/2021 | Listed for sale | $625,000+579.3%$365/sqft |
Source: CAAR #622605 Report a problem | ||
| 3/15/2019 | Listing removed | $2,100$1/sqft |
Source: D. M. ROTHWELL, INC. #586151 Report a problem | ||
| 2/21/2019 | Listed for rent | $2,100+5%$1/sqft |
Source: D. M. ROTHWELL, INC. #586151 Report a problem | ||
| 5/5/2015 | Listing removed | $2,000$1/sqft |
Source: DM Rothwell, Inc Report a problem | ||
| 4/9/2015 | Listed for rent | $2,000$1/sqft |
Source: DM Rothwell, Inc Report a problem | ||
| 6/9/1986 | Sold | $92,000$54/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,674 +4.5% | $673,700 +4.6% |
| 2024 | $6,384 +2.8% | $644,100 +0.8% |
| 2023 | $6,207 +125.1% | $639,100 +11.2% |
| 2022 | $2,758 -27% | $574,500 +44.5% |
| 2021 | $3,778 | $397,700 +3.2% |
| 2020 | -- | $385,400 +4.7% |
| 2019 | $3,497 +7.8% | $368,100 +10.2% |
| 2018 | $3,245 | $334,000 +1.3% |
| 2017 | -- | $329,830 +2.1% |
| 2016 | $3,248 | $323,100 |
| 2015 | $3,248 | $323,100 |
| 2014 | $3,248 | $323,100 |
| 2013 | $3,248 | $323,100 |
| 2012 | $3,248 | -- |
| 2011 | $3,248 | -- |
| 2010 | -- | -- |
| 2009 | $3,528 | -- |
| 2008 | -- | $371,400 +5.5% |
| 2007 | -- | $352,100 |
| 2006 | -- | $352,100 +25.3% |
| 2005 | -- | $280,900 +21.7% |
| 2004 | -- | $230,900 |
Find assessor info on the county website
Neighborhood: Jefferson Park
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10Venable Elementary SchoolGrades: PK-4Distance: 0.9 mi
- 3/10Buford Middle SchoolGrades: 7-8Distance: 0.6 mi
- 4/10Charlottesville High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Trailblazer
- Middle: Walker & Buford
- 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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