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2627 Penny Ln, Charlottesville, VA, 22903

$500,000

28.04 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #645346
Lot Size28.04 Acres
StatusActive
(ACTIVE)

About 2627 Penny Ln

Pristine, secluded property: 15-minute drive to the center of Charlottesville; 28-acre wooded lot; 17 acres are in mature planted pines, with the balance in a mix of mature hard woods. The Black Branch crosses under Penny Lane and runs through the northwestern section of the property. Come build your home, hunt, and/or hike this property to your hearts content. The property is being sold in its entirety.

Property Details

Property Features

Listing Office:

  • Office Name: 1ST DOMINION REALTY INC-SCOTTSVILLE
  • Office Phone: (434) 286-2022
  • Listing Agent: MATTHEW HOLT

Lot Features

Lot Information:

  • Lot: Wooded, Secluded
  • Lot Size: 28.04 Acres

School Info

Assigned Schools Information:

  • Monticello High School, Public District Grades 9-12
  • Leslie H Walton Middle School, Public District Grades 6-8
  • Red Hill Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Address (2627 Penny Lane) is fictitious, but can be used for GPS purposes.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
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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

2627 Penny Ln vs Charlottesville

246 DAYS ON ROCKET

+229 Days

$500,000

-$62.7K Less

KEY TAKEAWAY

This property is $62.7K less than the Median Sold Price in Charlottesville, VA.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #645346

Listing Office:

  • Office Name: 1ST DOMINION REALTY INC-SCOTTSVILLE
  • Office Phone: (434) 286-2022
  • Listing Agent: MATTHEW 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: 5/5/2024, 11:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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NMLS#3030

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-6461668
2
/10
  • Red Hill Elementary School

  • 3901 Red Hill School Rd

  • 4.73 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6461669
6
/10
  • Leslie H Walton Middle School

  • 4217 Red Hill Rd

  • 2.98 miles

  • Public District Grades 6-8

High School

school-card-donut-6461670
3
/10
  • Monticello High School

  • 1400 Independence Way

  • 4.06 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,115. The majority of Charlottesville, VA residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2627 Penny Ln

What is the listing price of this property?

The listing price of 2627 Penny Ln property is $500,000.

What type of property is this?

The property 2627 Penny Ln is land located in Charlottesville, Virginia, 22903.

Is this property for sale now?

Active Listing: 2627 Penny Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2627 Penny Ln are:
Red Hill Elementary School: GreatSchools Rating 2/10
Leslie H Walton Middle School: GreatSchools Rating 6/10
Monticello High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 2627 Penny Ln is 28.04 acres.
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Rocket HomesVirginiaCharlottesville229032627 Penny Ln

This home is located at 2627 Penny Ln in Charlottesville, VA and zip code 22903. This home sits on a 28.04 acre lot. It has been listed on Rocket Homes since September 02, 2023 and is currently priced at $500,000.

Charlottesville, VA housing market in April 2024 saw over 68 listings sold above listed price, more than 25 sold at listed price and over 27 sold below. The number of homes for sale in Charlottesville, VA increased by 5.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $562,750, while the average time on the real estate market was 17 days.

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

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