1 year on rocket

705 Druid Ave, Charlottesville, VA, 22902

$424,900

Home List Price

$5,046*

Closing Credit

2 Bedrooms
1 Full Bath
1,213 SqFt
$350/SqFt
House
Schools Nearby

Location

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705 Druid Ave, Charlottesville$424,900

Buyer Closing Credits

$5,046*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1947
HeatingNone
CoolingNone
MLS #634741
Lot Size0.16 Acres
StatusActive
(ACTIVE)

About 705 Druid Ave

Excellent potential for this mixed use lot in Belmont and within Charlottesville's strategic investment area. 1/2 block off of Avon adjacent to Brown's market with great visibility to Avon. The location directly across the street from Belmont park makes this a fantastic and unique opportunity for a multi use development which could include Retail, Office and Residential space. Build the full 45' high and take advantage of the amazing 360 degree views! Roof top apartment patios? Or upper level restaurant with roof top bar? Possibilities are many.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1947
  • Stories: 1
  • Living Area: 1,213 SqFt

Listing Office:

  • Office Name: THE HOGAN GROUP-CHARLOTTESVILLE
  • Office Phone: (434) 443-8441
  • Listing Agent: MIKE HOGAN

Interior Features

Interior Information:

  • Basement: No
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

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
  • Jackson-Via Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Right on Rialto St, Left on Druid Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $424,900
  • Price Per SqFt: $350/SqFt

Tax Information:

  • Annual Amount: $1,385
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Charlottesville, VA.

Med. Sold Price

$542K

Med. Price/SqFt

$274

Avg. Days On Market

37

# of Sold Homes

101

705 Druid Ave vs Charlottesville

582 DAYS ON ROCKET

+545 Days

$424,900

-$117.1K Less

$350/SqFt

+$75 More

KEY TAKEAWAY

This property is $117.1K less than the Median Sold Price and $75/SqFt more than other homes in Charlottesville, VA.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #634741

Listing Office:

  • Office Name: THE HOGAN GROUP-CHARLOTTESVILLE
  • Office Phone: (434) 443-8441
  • Listing Agent: MIKE HOGAN

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: 4/19/2024, 3:20:27 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$1,385$141,000
2020$1,385$139,700
2019$1,324$133,400
2018$1,272$128,500
2017$1,364$137,502

History based on county public records data.

Payment Calculator

$2,188

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,340

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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-591696
2
/10
  • Jackson-Via Elementary School

  • 508 Harris Rd

  • 1.18 miles

  • Public District Grades PK-4

Middle School

school-card-donut-591697
1
/10
  • Buford Middle School

  • 1000 Cherry Ave

  • 0.96 miles

  • Public District Grades 7-8

school-card-donut-591698
2
/10
  • Walker Upper Elementary School

  • 1564 Dairy Rd

  • 2.34 miles

  • Public District Grades 5-6

High School

school-card-donut-591699
5
/10
  • Charlottesville High School

  • 1400 Melbourne Rd

  • 2.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,326. Residents of Charlottesville, VA typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Belmont, Charlottesville

What are the common housing types in Belmont, Charlottesville?

In Belmont, around 55% of dwellings are single detached homes, while large apartment buildings, duplexes, and townhouses make up most of the remaining housing stock. This neighborhood is primarily composed of two bedroom and three bedroom homes. There are equal parts owners and renters living in this area. The average year of construction for houses in this neighborhood is 1966.

What are the advantages of living in Belmont, Charlottesville?

Belmont is good for those who enjoy a quiet atmosphere, as the streets are usually tranquil - however some parts can be quite noisy, especially around Interstate 64 or the railway line.

Are essential services in Belmont, Charlottesville convenient?

Primary schools are convenient to reach on foot from most houses for sale in Belmont. However, there are no high schools in this neighborhood. At the elementary level, there are both public and private schools. With respect to eating, it is easy to reach the nearest supermarket by walking from any home in Belmont. In addition, a restaurant is often just around the corner, and there are also a few cafes in Belmont.

How do Belmont, Charlottesville residents get around?

The car is very often the favored way to get around in Belmont. Nearby highways, such as Interstate 64, are very easy to access from anywhere in Belmont, and it is straightforward to park. A majority of the homes for sale in this area are located in places that are also reasonably conducive to walking; most daily needs are convenient to carry out on foot.

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Frequently Asked Questions About 705 Druid Ave

What is the listing price of this property?

The listing price of 705 Druid Ave property is $424,900.

What type of property is this?

The property 705 Druid Ave is a house located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Active Listing: 705 Druid 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 705 Druid Ave are:
Jackson-Via Elementary School: GreatSchools Rating 2/10
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 $1,385 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 705 Druid Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 705 Druid Ave is 1,213 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Druid Ave is 1947.

Rocket Homes›Virginia›Charlottesville›22902›705 Druid Ave

This home is located at 705 Druid Ave in Charlottesville, VA and zip code 22902 in the Belmont neighborhood. This 1,213 square foot home, which was built in 1947, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 15, 2022 and is currently priced at $424,900.

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. The inventory of homes for sale in Charlottesville, VA between February 2024 and March 2024 increased 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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