6 months on rocket

500 Crestwood Dr Unit 1602, Charlottesville, VA, 22903

$845,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,250 SqFt
$376/SqFt
Condo
Schools Nearby

Location

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500 Crestwood Dr Unit 1602, Charlottesville$845,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther, Garage - Side Entry, Basement Garage
Year Built1991
HeatingCentral
CoolingCentral Air
BasementYes
ViewMountain(s), Other, Panoramic, Garden
MLS #646713
StatusActive
(ACTIVE)

About 500 Crestwood Dr Unit 1602

Stunning views from this spacious well priced penthouse. See this 3-bedroom, 2-bathroom penthouse, sprawling across 2,250 square feet of meticulously designed space. Located minutes from the University, this exclusive residence offers stunning panoramic views. Builtin bookcases, skylights, generous walk in closets, and more. Small pets allowed.Amenities: 75' heated year round pool, exercise rooms and classes, library, guest rooms, art studio, hairdresser by appointment, LYFT services, many interest groups, speakers, movies,and more. Condo fee covers: electricity,heating, cooling, water, sewer, gas, trash, basic cable, community amenities, reserve funds, portion of dining costs.Fine dining available 5 nights a week. This is optional with no minimums. One covered parking spot:#42.Locked storage room. Heating: gas fired hydronic forced air system central to the building/ an individual air handler in each unit. Cooling comes from master chiller. Owners responsibility includes air handler maintenance, interior condo maintenance, WIFI, telephone.This penthouse elevates the concept of hassle-free living.,Quartz Counter,White Cabinets,Wood Cabinets

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1991
  • Stories: 1
  • Living Area: 2,250 SqFt

Listing Office:

  • Office Name: LONG & FOSTER - CHARLOTTESVILLE
  • Office Phone: (434) 260-5355
  • Listing Agent: SUE PLASKON

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Oven, Electric Range, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior: Skylight(s), Walk-in Closet(s), Pantry, Recessed Lighting, Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s), Other, Panoramic, Garden

Parking Information:

  • Parking: Other, Garage - Side Entry, Basement Garage

Lot Features

Lot Information:

  • Lot: Sloped, Landscaped

Utilities

Utilities Information:

  • Heating: Central
  • 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: Old Ivy Rd. Turn onto Crestwood Dr and proceed to the top of the hill. Park and enter the building from the front entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $845,000
  • Price Per SqFt: $376/SqFt

HOA Fees:

  • Amount: $3420
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,864
  • 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

500 Crestwood Dr Unit 1602 vs Charlottesville

191 DAYS ON ROCKET

+154 Days

$845,000

+$303K More

$376/SqFt

+$101 More

KEY TAKEAWAY

This property is $303K more than the Median Sold Price and $101/SqFt more than other homes in Charlottesville, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #646713

Listing Office:

  • Office Name: LONG & FOSTER - CHARLOTTESVILLE
  • Office Phone: (434) 260-5355
  • Listing Agent: SUE PLASKON

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: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 30, 2010Home Sold
$635,000
Jul 03, 2008Home Sold
$680,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,864$759,100
2020$5,864$686,700
2019$4,986$583,900
2018$5,697$679,000
2017$5,313$633,300

History based on county public records data.

Payment Calculator

$7,705

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,600

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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-2023676
2
/10

  • Mary Carr Greer Elementary School

  • 190 Lambs Ln

  • 1.99 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2023677
3
/10

  • Jack Jouett Middle School

  • 210 Lambs Ln

  • 1.90 miles

  • Public District Grades 6-8

High School

school-card-donut-2023678
4
/10

  • Albemarle High School

  • 2775 Hydraulic Rd

  • 1.91 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 $42,969. The most common annual income of people living in Charlottesville, VA is less than $35k. The most common type of family is single, 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 500 Crestwood Dr Unit 1602

What is the listing price of this property?

The listing price of 500 Crestwood Dr Unit 1602 property is $845,000.

What type of property is this?

The property 500 Crestwood Dr Unit 1602 is a condo located in Charlottesville, Virginia, 22903.

Is this property for sale now?

Active Listing: 500 Crestwood Dr Unit 1602 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 500 Crestwood Dr Unit 1602 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 $5,864 (source: MLS/based on county public records data).

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

The last sale was on December 30, 2010 for $635,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Crestwood Dr Unit 1602 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Crestwood Dr Unit 1602 is 2,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Crestwood Dr Unit 1602 is 1991.

Rocket Homes›Virginia›Charlottesville›22903›500 Crestwood Dr Unit 1602

This home is located at 500 Crestwood Dr Unit 1602 in Charlottesville, VA and zip code 22903 in the University Village neighborhood. This 2,250 square foot home was built in 1991. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 19, 2023 and is currently priced at $845,000.

In March 2024, from all listings sold in Charlottesville, VA there were more than 42 sold above asking price, over 34 sold below and more than 23 were sold right at the asked price. 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, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $542,000.

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

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