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428 Monroe Ln Unit 503, Charlottesville, VA, 22903

$689,000

Home List Price

$8,182*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,293 SqFt
$533/SqFt
Condo
Schools Nearby

Location

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428 Monroe Ln Unit 503, Charlottesville$689,000

Buyer Closing Credits

$8,182*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingBasement Garage
Year Built2007
HeatingHeat Pump
CoolingHeat Pump
ViewOther
MLS #650507
StatusActive
(ACTIVE)

About 428 Monroe Ln Unit 503

THE BARRINGER ? An immaculate penthouse offering convenience and luxury living in the heart of University of Virginia. Seconds from the University Medical Complex, the vistas from the 5th-floor condo are unparalleled. Enter a light filled spacious great room with a cozy fireplace; well appointed kitchen with stainless appliances & breakfast bar; and half bath. Room for both comfortable living and dining in this main living area which flows out to a balcony for outside enjoyment. Upstairs, the primary suite with an upscale bathroom, ample closet space is a private sanctuary. There is a second bedroom with a private full bath that is also perfect for home office. Easy to access stackable laundry is in the hallway. The unit includes an assigned parking space in a private lower-level garage. For added security, there is electronic lock access for outer doors and elevator. On UVA and City of Charlottesville Transit Lines and very walkable to Grounds, The Stadium, Hospital and Historic Downtown Mall. A very unique location and residence.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2007
  • Stories: 2
  • Living Area: 1,293 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Disposal, Oven, Gas Range, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Stone, Wood
  • Interior: Breakfast Area

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Parking: Basement Garage

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: 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
  • Venable Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Jefferson Park Avenue to Monroe Lane. Pass Barringer Building, left on Crispell Dr, next left on Jeanette Lancaster Way. Just past back of building take a left on private drive slightly up a hill, left into garage, right to parking space # 3 (on right)

Price Information

Listing Price Info

Price Summary:

  • List Price: $689,000
  • Price Per SqFt: $533/SqFt

HOA Fees:

  • Amount: $474
  • 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

428 Monroe Ln Unit 503 vs Charlottesville

44 DAYS ON ROCKET

+7 Days

$689,000

+$147K More

$533/SqFt

+$258 More

KEY TAKEAWAY

This property is $147K more than the Median Sold Price and $258/SqFt more than other homes in Charlottesville, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #650507

Listing Office:

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

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, 8:20:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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$3,980

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,132

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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-1120309
3
/10

  • Venable Elementary School

  • 406 14th St NW

  • 0.61 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1120310
1
/10

  • Buford Middle School

  • 1000 Cherry Ave

  • 0.42 miles

  • Public District Grades 7-8

school-card-donut-1120311
2
/10

  • Walker Upper Elementary School

  • 1564 Dairy Rd

  • 1.87 miles

  • Public District Grades 5-6

High School

school-card-donut-1120312
5
/10

  • Charlottesville High School

  • 1400 Melbourne Rd

  • 2.08 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 $20,639. Typical income of Charlottesville, VA residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 428 Monroe Ln Unit 503

What is the listing price of this property?

The listing price of 428 Monroe Ln Unit 503 property is $689,000.

What type of property is this?

The property 428 Monroe Ln Unit 503 is a condo located in Charlottesville, Virginia, 22903.

Is this property for sale now?

Active Listing: 428 Monroe Ln Unit 503 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 428 Monroe Ln Unit 503 are:
Venable 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

How many bedrooms and bathrooms does this property have?

The property at 428 Monroe Ln Unit 503 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 428 Monroe Ln Unit 503 is 1,293 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 428 Monroe Ln Unit 503 is 2007.

Rocket Homes›Virginia›Charlottesville›22903›428 Monroe Ln Unit 503

This home is located at 428 Monroe Ln Unit 503 in Charlottesville, VA and zip code 22903. This 1,293 square foot home was built in 2007. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $689,000.

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. Between February 2024 and March 2024, Charlottesville, VA real estate market has seen increase in the number of listings by 15.3%. In March 2024 median list price was $542,000 and the average listing age was 37 days.

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

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