9 days on rocket

Sale Pending

502 Lexington Ave, Charlottesville, VA, 22902

$1,075,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,284 SqFt
$471/SqFt
House
Schools Nearby

Location

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502 Lexington Ave, Charlottesville$1,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingCentral, Forced Air
CoolingCentral Air, Heat Pump
ViewCity
MLS #651899
Lot Size0.14 Acres
StatusSale Pending

About 502 Lexington Ave

WALK to Charlottesville Downtown mall - 5 min walk to the Pavilion, 10 min to downtown offices and restaurants. Nestled in a coveted downtown locale, this turn-of-the-century gem underwent a comprehensive renovation in '09, adding a modern kitchen, subway tile baths, and a master suite with a walk-in closet. Notably, the kitchen and screened porch are framed to support a primary suite, and its hallway is already built off of the upstairs landing. A new roof ('16), exterior trim paint ('23) and two HVAC systems further enhance its appeal. Energy Star certified, with efficient heating/cooling and Low-E windows. Outdoor living with a front porch; screened porch and deck leading to a level backyard. Within walking distance to the downtown mall, this residence epitomizes sophisticated urban living, offering a harmonious blend of historic charm and modern convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,284 SqFt

Listing Office:

  • Office Name: NEST REALTY GROUP
  • Listing Agent: MARCELA FOSHAY

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Refrigerator, ENERGY STAR Qualified Appliances
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Renovated, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: City

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • 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: from 250 take Locust Ave towards downtown; make a right at Sycamore St; left on Lexington Ave, house on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,075,000
  • Price Per SqFt: $471/SqFt

Tax Information:

  • Annual Amount: $7,018
  • 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

$562.7K

Med. Price/SqFt

$256

Avg. Days On Market

17

# of Sold Homes

121

502 Lexington Ave vs Charlottesville

9 DAYS ON ROCKET

-8 Days

$1,075,000

+$512.2K More

$471/SqFt

+$214 More

KEY TAKEAWAY

This property is $512.2K more than the Median Sold Price and $214/SqFt more than other homes in Charlottesville, VA.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Number: #651899

Listing Office:

  • Office Name: NEST REALTY GROUP
  • Listing Agent: MARCELA FOSHAY

IDX Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 2024 Charlottesville Area Association of Realtors®. 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: 5/4/2024, 2:20:32 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$7,018$749,700
2020$7,018$732,700
2019$6,866$716,700
2018$29$668,600
2017$6,046$630,400

History based on county public records data.

Payment Calculator

$5,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,289

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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-5703971
4
/10

  • Burnley-Moran Elementary School

  • 1300 Long St

  • 0.54 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5703972
1
/10

  • Buford Middle School

  • 1000 Cherry Ave

  • 1.44 miles

  • Public District Grades 7-8

school-card-donut-5703973
2
/10

  • Walker Upper Elementary School

  • 1564 Dairy Rd

  • 1.54 miles

  • Public District Grades 5-6

High School

school-card-donut-5703974
5
/10

  • Charlottesville High School

  • 1400 Melbourne Rd

  • 1.34 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 $70,597. Most Charlottesville, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Lexington Ave

What is the listing price of this property?

The listing price of 502 Lexington Ave property is $1,075,000.

What type of property is this?

The property 502 Lexington Ave is a house located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Sale Pending: 502 Lexington Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 502 Lexington Ave 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

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,018 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 502 Lexington Ave has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 502 Lexington Ave is 2,284 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Lexington Ave is 1900.

Rocket Homes›Virginia›Charlottesville›22902›502 Lexington Ave

This home is located at 502 Lexington Ave in Charlottesville, VA and zip code 22902 in the Martha Jefferson neighborhood. This 2,284 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $1,075,000.

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 listings in Charlottesville, VA increased by 5.6% between March 2024 and April 2024. In April 2024 median list price was $562,750 and the average listing age was 17 days.

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

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