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1514 Cherry Ave, Charlottesville, VA, 22903

$250,000

Home List Price

$2,969*

Closing Credit

2 Bedrooms
1 Full Bath
960 SqFt
$260/SqFt
House
Schools Nearby

Location

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1514 Cherry Ave, Charlottesville$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1955
HeatingCentral
CoolingCentral Air
BasementYes
MLS #636976
Lot Size0.21 Acres
StatusActive
(ACTIVE)

About 1514 Cherry Ave

Highly sought after, convenient Cherry Avenue location that offers quick access to UVA, downtown, Wegmans at 5th Street Station & I64. This 2-bedroom, 1-full bath rancher is an exciting opportunity for an investor or buyer open to purchasing a fixer-upper. This home is in need of renovation. Work with the existing 2-bedroom, 1-full bath floor plan or use your vision to create a new layout. The full unfinished basement offers the possibility of adding additional finished space. JES installed their basement perimeter waterproofing trench system in November 2022 that has a transferrable warranty to the new owner. Outside, this property has the potential to really standout. With a mostly level yard that includes lots of room in the back to add outdoor living space, a fire pit, landscaping, etc. one could really make this exterior pop and be a place to relax and to entertain family and friends. Other noteworthy features include off-street parking, spacious front porch and rear storage shed. TING fiber internet is available at this location. Property is sold AS-IS.,Formica Counter,Wood Cabinets

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1955
  • Stories: 1
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: NEST REALTY GROUP
  • Office Phone: (434) 566-0121
  • Listing Agent: KEVIN R HOLT

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Other
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Sidewalks

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Charlottesville High School, Public District Grades 9-12
  • Buford Middle School, Public District Grades 7-8
  • Walker Upper Elementary School, Public District Grades 5-6
  • Johnson Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: I-64 to 5th St. SW/ LEFT onto Harris Rd./ RIGHT onto Willard Dr which turns into Cherry Ave./ Cont. through stoplight at Shamrock/ House on right with for sale sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $260/SqFt

Tax Information:

  • Annual Amount: $2,370
  • 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

$542K

Med. Price/SqFt

$274

Avg. Days On Market

37

# of Sold Homes

101

1514 Cherry Ave vs Charlottesville

501 DAYS ON ROCKET

+464 Days

$250,000

-$292K Less

$260/SqFt

-$15 Less

KEY TAKEAWAY

This property is $292K less than the Median Sold Price and $15/SqFt less than other homes in Charlottesville, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #636976

Listing Office:

  • Office Name: NEST REALTY GROUP
  • Office Phone: (434) 566-0121
  • Listing Agent: KEVIN R HOLT

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: 4/19/2024, 4:25:17 AM 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$2,370$253,000
2020$2,370$241,900
2019$2,268$231,200
2018$2,082$211,600
2017$2,055$208,700

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-320496
3
/10

  • Johnson Elementary School

  • 1645 Cherry Ave

  • 0.18 miles

  • Public District Grades PK-4

Middle School

school-card-donut-320497
1
/10

  • Buford Middle School

  • 1000 Cherry Ave

  • 0.40 miles

  • Public District Grades 7-8

school-card-donut-320498
2
/10

  • Walker Upper Elementary School

  • 1564 Dairy Rd

  • 2.33 miles

  • Public District Grades 5-6

High School

school-card-donut-320499
5
/10

  • Charlottesville High School

  • 1400 Melbourne Rd

  • 2.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,032. The majority of Charlottesville, VA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1514 Cherry Ave

What is the listing price of this property?

The listing price of 1514 Cherry Ave property is $250,000.

What type of property is this?

The property 1514 Cherry Ave is a house located in Charlottesville, Virginia, 22903.

Is this property for sale now?

Active Listing: 1514 Cherry Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1514 Cherry Ave are:
Johnson Elementary School: GreatSchools Rating 3/10
Buford Middle School: GreatSchools Rating 1/10
Walker Upper Elementary School: GreatSchools Rating 2/10
Charlottesville High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,370 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1514 Cherry Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1514 Cherry Ave is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1514 Cherry Ave is 1955.

Rocket Homes›Virginia›Charlottesville›22903›1514 Cherry Ave

This home is located at 1514 Cherry Ave in Charlottesville, VA and zip code 22903 in the Johnson Village neighborhood. This 960 square foot home, which was built in 1955, sits on a 0.21 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 04, 2022 and is currently priced at $250,000.

In March 2024 more than 42 listings in Charlottesville, VA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 34 were sold below. The inventory of homes for sale in Charlottesville, VA between February 2024 and March 2024 increased by 15.3%. Listings spent 37 days on the market in March 2024, and had a median list price of $542,000 during the same period.

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

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