3 months on rocket

716 1st St, Charlottesville, VA, 22902

$625,000

Home List Price

$7,422*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,787 SqFt
$350/SqFt
House
Schools Nearby

Location

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716 1st St, Charlottesville$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1930
HeatingElectric, Forced Air
CoolingCentral Air
BasementYes
MLS #VAAB2000560
Lot Size0.12 Acres
StatusActive

About 716 1st St

This is a recently renovated Duplex 3 blocks from the Charlottesville downtown mall. Everything is new as of 2019. Property backs up to IX, and is on public transportation route. Consists of 1785 total finished sq ft. Upper unit is 750 sq ft, bottom unit is 1035. Unfinished small basement Upper 2 bedroom unit with 1 full bath, full kitchen and living room has both front and back decks. Also a washer and dryer. Unit has been rented for 5 years since renovation. Present rent is $1,575, soon to be raised this July to $1,625. First level is a larger 2 bedroom 1&1/2 bath. Large living room, full kitchen, study nook, Laundry room with W/D. Basement is small and unfinished but dry for storage. First floor Unit also has a large front and back deck. Off street parking lot in back for 4 cars. Google the address to confirm rent now being advertised at $1,875, and see pics of lower unit That unit turns over in July, but could be moved into now because renter had to move out of town before lease was up. Still paying rent through June. Great situation fit a buyer who would want to live on first floor and use rent from other unit to help pay mortgage

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1930
  • Stories: 3
  • Living Area: 1,787 SqFt

Listing Office:

  • Office Name: NetRealtyNow.com, LLC
  • Listing Agent: Thomas Hennerty

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

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
  • Clark Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: 716 1st St S, Charlottesville, VA 22902

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $350/SqFt
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Housing Market Comparison

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

Med. Sold Price

$515K

Med. Price/SqFt

$257

Avg. Days On Market

11

# of Sold Homes

164

716 1st St vs Charlottesville

93 DAYS ON ROCKET

+82 Days

$625,000

+$110K More

$350/SqFt

+$93 More

KEY TAKEAWAY

This property is $110K more than the Median Sold Price and $93/SqFt more than other homes in Charlottesville, VA.

Based on homes sold in May 2024

MLS Details

MLS Information:

  • MLS Number: #VAAB2000560

Listing Office:

  • Office Name: NetRealtyNow.com, LLC
  • Listing Agent: Thomas Hennerty

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: 6/2/2024, 9:20:33 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.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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NMLS#3030

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-7216070
2
/10
  • Clark Elementary School

  • 1000 Belmont Ave

  • 0.56 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7216071
3
/10
  • Buford Middle School

  • 1000 Cherry Ave

  • 0.73 miles

  • Public District Grades 7-8

school-card-donut-7216072
2
/10
  • Walker Upper Elementary School

  • 1564 Dairy Rd

  • 1.92 miles

  • Public District Grades 5-6

High School

school-card-donut-7216073
4
/10
  • Charlottesville High School

  • 1400 Melbourne Rd

  • 1.89 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,364. Typical income of Charlottesville, VA residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 716 1st St

What is the listing price of this property?

The listing price of 716 1st St property is $625,000.

What type of property is this?

The property 716 1st St is a house located in Charlottesville, Virginia, 22902.

Is this property for sale now?

Active Listing: 716 1st St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 716 1st St are:
Clark Elementary School: GreatSchools Rating 2/10
Buford Middle School: GreatSchools Rating 3/10
Walker Upper Elementary School: GreatSchools Rating 2/10
Charlottesville High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 716 1st St has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 716 1st St is 1,787 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 716 1st St is 1930.

Rocket HomesVirginiaCharlottesville22902716 1st St

This home is located at 716 1st St in Charlottesville, VA and zip code 22902. This 1,787 square foot home, which was built in 1930, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $625,000.

While more than 71 listings in Charlottesville, VA in May 2024 were sold above asking price, there were more than 40 listings sold at asking price, and more than 50 were sold below. The number of homes for sale in Charlottesville, VA increased by 2.1% between April 2024 and May 2024. In May 2024, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $515,000.

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

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