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509 Lexington Ave, Charlottesville, VA, 22902

$995,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,907 SqFt
$522/SqFt
House
Schools Nearby

Location

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509 Lexington Ave, Charlottesville$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1928
HeatingBaseboard, Central, Steam
CoolingCentral Air, Heat Pump
BasementYes
FireplaceGas/Propane
MLS #650851
Lot Size0.20 Acres
StatusActive
(ACTIVE)

About 509 Lexington Ave

Nestled in walkable North Downtown, this renovated historic gem boasts of charm and modern amenities. Situated on an elevated, professionally landscaped lot, the allure of this property is evident from the moment you step onto the inviting front porch. As you enter the foyer, you're greeted by the grandeur of nine and a half-foot ceilings, original hardwood floors, and the abundant natural light streaming through large windows. This meticulously crafted 3-bedroom residence offers a rare and luxurious first-floor owner's suite, complete with a generously-sized walk-in closet, a rejuvenating walk-in shower, and the cozy ambiance of a gas fireplace. The main living space boasts a desirable open floor plan and a newly renovated kitchen, providing the perfect setting for both intimate gatherings and lively entertaining. The converted porch offers a versatile flex space for an office, play nook, or hobby corner. Additionally, ample walk-in attic storage provides convenience and practicality, ensuring that every inch of space is utilized efficiently. Ample off street parking with Tesla charger in place. *R-B zoning. The unseen systems have not been forgotten with brand new HVAC (2023), water heater (2019), boiler (2016) and newer roof.,Cherry Cabinets,Granite Counter,Fireplace in Master Bedroom

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1928
  • Stories: 1
  • Living Area: 1,907 SqFt

Listing Office:

  • Office Name: NEST REALTY GROUP
  • Office Phone: (434) 566-0121
  • Listing Agent: KELLI WATHEN

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Walk-in Closet(s), Kitchen - Island, Recessed Lighting, Entry Level Bedroom, Primary Bath(s)
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Central, Steam
  • 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: Follow GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $522/SqFt

Tax Information:

  • Annual Amount: $6,006
  • 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

509 Lexington Ave vs Charlottesville

37 DAYS ON ROCKET

-0 Day

$995,000

+$453K More

$522/SqFt

+$247 More

KEY TAKEAWAY

This property is $453K more than the Median Sold Price and $247/SqFt more than other homes in Charlottesville, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #650851

Listing Office:

  • Office Name: NEST REALTY GROUP
  • Office Phone: (434) 566-0121
  • Listing Agent: KELLI WATHEN

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, 8:10:18 PM 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$6,006$786,800
2020$6,006$763,000
2019$5,847$746,300
2018$5,353$695,800
2017$4,973$655,800

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-2638738
4
/10

  • Burnley-Moran Elementary School

  • 1300 Long St

  • 0.56 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2638739
1
/10

  • Buford Middle School

  • 1000 Cherry Ave

  • 1.42 miles

  • Public District Grades 7-8

school-card-donut-2638740
2
/10

  • Walker Upper Elementary School

  • 1564 Dairy Rd

  • 1.50 miles

  • Public District Grades 5-6

High School

school-card-donut-2638741
5
/10

  • Charlottesville High School

  • 1400 Melbourne Rd

  • 1.31 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. Typical income of Charlottesville, VA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 Lexington Ave

What is the listing price of this property?

The listing price of 509 Lexington Ave property is $995,000.

What type of property is this?

The property 509 Lexington Ave is a house located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Active Listing: 509 Lexington Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 509 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 $6,006 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 509 Lexington Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 509 Lexington Ave is 1,907 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Lexington Ave is 1928.

Rocket Homes›Virginia›Charlottesville›22902›509 Lexington Ave

This home is located at 509 Lexington Ave in Charlottesville, VA and zip code 22902 in the Martha Jefferson neighborhood. This 1,907 square foot home, which was built in 1928, sits on a 0.20 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $995,000.

Charlottesville, VA housing market in March 2024 saw over 42 listings sold above listed price, more than 23 sold at listed price and over 34 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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