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408 E Market St Unit 303, Charlottesville, VA, 22902

$777,000

Home List Price

$9,227*

Closing Credit

2 Bedrooms
2 Full Baths
1,400 SqFt
$555/SqFt
Condo
Schools Nearby

Location

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408 E Market St Unit 303, Charlottesville$777,000

Buyer Closing Credits

$9,227*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1987
HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
ViewMountain(s), City
MLS #651029
StatusActive
(ACTIVE)

About 408 E Market St Unit 303

This exquisite 2BR / 2BA condo is nestled just 1 block north of the historic Downtown Mall of Charlottesville - amongst the vibrant dining, shopping & entertainment scene. Situated within the Maclin Building, this 3rd floor gem offers a seamless blend of modern convenience & charm. 1,400 finished sq.ft. of comfortable & luxurious living space, featuring: Brazilian cherry hardwood floors that gleam under the natural light pouring in from the large windows; an inviting living room, complete with stone gas fireplace and built-in shelving; a gourmet kitchen boasting stainless steel appliances, island, and a stylish tile backsplash; dining area with a unique glass ceiling, creating a light-filled ambiance for enjoying meals with friends & family. Retreat to the spacious master bedroom, complete with a walk-in closet and a private tiled bath, where urban and Blue Ridge mountain views provide a stunning backdrop. The second bedroom, ideal for guests or a home office, features plush carpeting and its own private bathroom. Convenience is key with one monthly parking space available. The building is wired with ultra-fast Ting fiber internet. This serene abode offers the perfect escape from city life!,White Cabinets

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1987
  • Stories: 1
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: MCLEAN FAULCONER INC., REALTOR
  • Office Phone: (434) 295-1131
  • Listing Agent: JIM FAULCONER

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Oven, Gas Range, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior: Kitchen - Eat-In, Kitchen - Island, Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s), City

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump

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
  • Burnley-Moran Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Market Street - Public parking in the market street garage.

Price Information

Listing Price Info

Price Summary:

  • List Price: $777,000
  • Price Per SqFt: $555/SqFt

HOA Fees:

  • Amount: $694
  • Frequency: Monthly
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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

408 E Market St Unit 303 vs Charlottesville

30 DAYS ON ROCKET

-7 Days

$777,000

+$235K More

$555/SqFt

+$280 More

KEY TAKEAWAY

This property is $235K more than the Median Sold Price and $280/SqFt more than other homes in Charlottesville, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #651029

Listing Office:

  • Office Name: MCLEAN FAULCONER INC., REALTOR
  • Office Phone: (434) 295-1131
  • Listing Agent: JIM FAULCONER

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: 4/27/2024, 11:20:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$4,639

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,396

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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-1211720
4
/10

  • Burnley-Moran Elementary School

  • 1300 Long St

  • 0.91 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1211721
1
/10

  • Buford Middle School

  • 1000 Cherry Ave

  • 1.07 miles

  • Public District Grades 7-8

school-card-donut-1211722
2
/10

  • Walker Upper Elementary School

  • 1564 Dairy Rd

  • 1.61 miles

  • Public District Grades 5-6

High School

school-card-donut-1211723
5
/10

  • Charlottesville High School

  • 1400 Melbourne Rd

  • 1.51 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 $54,029. The majority of Charlottesville, VA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 408 E Market St Unit 303

What is the listing price of this property?

The listing price of 408 E Market St Unit 303 property is $777,000.

What type of property is this?

The property 408 E Market St Unit 303 is a condo located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Active Listing: 408 E Market St Unit 303 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 408 E Market St Unit 303 are:
Burnley-Moran Elementary School: GreatSchools Rating 4/10
Buford Middle School: GreatSchools Rating 1/10
Walker Upper Elementary School: GreatSchools Rating 2/10
Charlottesville High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 408 E Market St Unit 303 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 408 E Market St Unit 303 is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 408 E Market St Unit 303 is 1987.

Rocket Homes›Virginia›Charlottesville›22902›408 E Market St Unit 303

This home is located at 408 E Market St Unit 303 in Charlottesville, VA and zip code 22902 in the North Downtown neighborhood. This 1,400 square foot home was built in 1987. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $777,000.

Over 42 listings were sold over their listed price in March 2024 in Charlottesville, VA. In the same period over 34 listings were sold below the listed price and 23 listings were sold for the listed price. The inventory of homes for sale in Charlottesville, VA between February 2024 and March 2024 increased by 15.3%. While the average time on the market in March 2024 was 37 days, the median list price was $542,000.

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

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