This exceptional residence, originally 2 distinct units within the former historic Monticello Hotel, presents a superb opportunity for either a discerning private resident or as a strategic investment. 2021, these units underwent a comprehensive, architecturally designed renovation, encompassing significant upgrades including new windows, plumbing, & hot water heater. 1252 sq feet on the 5th floor, this beautifully transformed, upscale abode seamlessly blends historic charm with contemporary luxury. Each room is bathed in abundant natural light, offering sweeping urban vistas & picturesque mountain views. The newly designed, spacious kitchen is a culinary enthusiast's dream, featuring elegant white cabinetry, exquisite Bianco Calacatta Silestone countertops, & state-of-the-art stainless-steel appliances. From the kitchen and dining area, one can enjoy a captivating view of the historic Courthouse. A convenient private laundry area. Every update & renovation has been executed with meticulous attention to detail by a dedicated architect and construction team. Residents benefit from elevator access & full x concierge. ENJOY THIS WALKABLE NEIGHORHOOD.. LOCATED IN THE DOWNTOWN AREA.
Closed
$530,000
500 Court Sq APT 503, Charlottesville, VA 22902
2beds
1,252sqft
Condominium
Built in 1926
-- sqft lot
$549,400 Zestimate®
$423/sqft
$2,303 Estimated rent
Home value
$549,400
Estimated sales range
Not available
$2,303/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: March 03, 2026 at 07:39pm
Listed by:
DEBI DOTSON 434-960-6753,
REAL ESTATE III, INC.
Bought with:
TRAUGOTT & ASSOCIATES, 0225063118
REAL ESTATE III, INC.
Source: CAAR,MLS#: 664706
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom
- Level: First
Bathroom
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Double Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Dryer, Washer
Features
- Primary Downstairs
- Flooring: Cork, Ceramic Tile, Parquet
- Windows: Low-Emissivity Windows, Vinyl
- Has basement: No
Interior area
- Total structure area: 1,252
- Total interior livable area: 1,252 sqft
- Finished area above ground: 1,252
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Features: Historic District
Details
- Parcel number: 5300965504 and 530096503
- Zoning description: Downtown Mixed Use
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick, Stick Built
- Foundation: Block
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & neighborhood
Security
- Security features: Door Buzzer, Resident Manager, Smoke Detector(s), Security Door
Location
- Region: Charlottesville
- Subdivision: NONE
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,062 monthly
- Amenities included: Storage
- Services included: Cable TV, Electricity, Insurance, Maintenance Structure, Sewer, Security, Trash, Water
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Sold | $530,000-3.5%$423/sqft |
Source:  CAAR #664706 Report a problem | ||
| 9/20/2025 | Pending sale | $549,000$438/sqft |
Source: CAAR #664706 Report a problem | ||
| 9/2/2025 | Price change | $549,000-6.2%$438/sqft |
Source: CAAR #664706 Report a problem | ||
| 8/21/2025 | Listed for sale | $585,000$467/sqft |
Source: CAAR #664706 Report a problem | ||
| 7/17/2025 | Listing removed | $585,000$467/sqft |
Source: CAAR #664706 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,891 +6.6% | $294,300 +4.4% |
| 2023 | $2,712 +116.7% | $281,800 +8.1% |
| 2022 | $1,251 -35.4% | $260,700 +27.8% |
Find assessor info on the county website
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Burnley-Moran Elementary SchoolGrades: PK-4Distance: 0.9 mi
- 3/10Buford Middle SchoolGrades: 7-8Distance: 1.1 mi
- 5/10Charlottesville High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Summit
- 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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Estimated market value
$549,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$549,400
- Virginia
- Charlottesville City
- Charlottesville
- 22902
- Downtown
- 500 Court Sq Apartment 503