10 days on rocket

Sale Pending

1321 Oak Tree Ln, Charlottesville, VA, 22901

$468,000

Home List Price

$5,558*

Closing Credit

3 Bedrooms
3 Full Baths
1,998 SqFt
$234/SqFt
House
Schools Nearby

Location

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1321 Oak Tree Ln, Charlottesville$468,000

Buyer Closing Credits

$5,558*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1980
HeatingCentral, Electric
CoolingCentral Air
BasementYes
FireplaceBrick, Glassed-in, Two, Wood Burning
MLS #652126
Lot Size0.23 Acres
StatusSale Pending

About 1321 Oak Tree Ln

The tree-lined, walkable Oak Forest neighborhood is tucked away yet just moments from Albemarle High School, the amenities at Stonefield, and the 29 and 250 corridors. This refreshed, move in-ready home has plenty of options to fit your needs with no HOA. Enjoy main-level living with three bedrooms and two full bathrooms down the hall from the main living area. A large window at the front of the home floods the space with light and makes the refinished hardwood floors shine. A highlight is the brick fireplace with a high-efficiency wood-burning insert. The kitchen features quartz countertops, tile backsplash, soft-close cabinets, stainless steel appliances, garbage disposal, and a water filtration (RO) system. The dining room opens to the back deck, which is shaded by mature trees and overlooks the enclosed yard. The lower level features new tile flooring, another wood insert in the den, and a full bathroom. Two additional rooms could be used for guests, offices, hobbies, or whatever you need. Washer and dryer hookups are in the large utility area with built-in storage and access to the backyard where you'll find an oversized storage shed and a second shed on the side. This home is ready for its new owner!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,998 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
  • Listing Agent: AMY HUGHES

Interior Features

Interior Information:

  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Fireplace: Brick, Glassed-in, Two, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Albemarle High School, Public District Grades 9-12
  • Jack Jouett Middle School, Public District Grades 6-8
  • Mary Carr Greer Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Hydraulic Road, turn onto Whitewood Road, across from Albemarle High School. Turn right onto Oak Forest Drive. Veer right once inside the neighborhood. Turn left onto Oak Tree Lane. House will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $468,000
  • Price Per SqFt: $234/SqFt

Tax Information:

  • Annual Amount: $2,520
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$562.7K

Med. Price/SqFt

$256

Avg. Days On Market

17

# of Sold Homes

121

1321 Oak Tree Ln vs Charlottesville

10 DAYS ON ROCKET

-7 Days

$468,000

-$94.7K Less

$234/SqFt

-$23 Less

KEY TAKEAWAY

This property is $94.7K less than the Median Sold Price and $23/SqFt less than other homes in Charlottesville, VA.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Number: #652126

Listing Office:

  • Office Name: KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
  • Listing Agent: AMY HUGHES

IDX Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 2024 Charlottesville Area Association of Realtors®. 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: 5/4/2024, 8:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2018Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,520$299,200
2020$2,520$295,100
2019$2,289$268,100
2018$2,167$258,300
2017$1,847$220,200

History based on county public records data.

Payment Calculator

$2,403

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,470

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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.

Elementary School

school-card-donut-6147646
2
/10
  • Mary Carr Greer Elementary School

  • 190 Lambs Ln

  • 0.66 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6147647
3
/10
  • Jack Jouett Middle School

  • 210 Lambs Ln

  • 0.58 miles

  • Public District Grades 6-8

High School

school-card-donut-6147648
4
/10
  • Albemarle High School

  • 2775 Hydraulic Rd

  • 0.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,978. Residents of Charlottesville, VA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1321 Oak Tree Ln

What is the listing price of this property?

The listing price of 1321 Oak Tree Ln property is $468,000.

What type of property is this?

The property 1321 Oak Tree Ln is a house located in Charlottesville, Virginia, 22901.

Is this property for sale now?

Sale Pending: 1321 Oak Tree Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1321 Oak Tree Ln are:
Mary Carr Greer Elementary School: GreatSchools Rating 2/10
Jack Jouett Middle School: GreatSchools Rating 3/10
Albemarle High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,520 (source: MLS/based on county public records data).

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

The last sale was on June 4, 2018 for $260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1321 Oak Tree Ln has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1321 Oak Tree Ln is 1,998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1321 Oak Tree Ln is 1980.

Rocket HomesVirginiaAlbemarle CountyCharlottesville229011321 Oak Tree Ln

This home is located at 1321 Oak Tree Ln in Charlottesville, VA and zip code 22901. This 1,998 square foot home, which was built in 1980, sits on a 0.23 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $468,000.

In April 2024 more than 68 listings in Charlottesville, VA were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 27 were sold below. In April 2024 in Charlottesville, VA there were 5.6% more homes for sale than in March 2024. While the average time on the market in April 2024 was 17 days, the median list price was $562,750.

From Rocket Homes Real Estate and based on county public records data.

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