Forty-three short blurbs about Charlottesville property transactions in March 2025

I am very behind on these summaries of property transactions in Charlottesville. I’m hoping to get caught up in the next few weeks. This is one of the only items that paid subscribers get as a content perk and it is a pastime I enjoy doing.

There are no real frills in this work. This is the work of a journalist who writes about a community doing the work to try to understand the dynamics. The anecdotal is very interesting to me and perhaps it will be to you.

A word about the process. It is manual. There’s no job-stealing algorithm involved. Just a person going through multiple sources of information to compile something that seeks to describe the shifting nature of this community. It’s the sort of old-fashioned journalism that will go extinct soon enough. Enjoy it while it lasts!

For most entries I post the 2025 assessment and the 2020 assessment. The City of Charlottesville has much more revenue at its disposal as a result, allowing for more spending and more borrowing.

In 2020, the total taxable value of land and improvements was $8,187,130,200 yielding $77,777,727.85 in real estate tax. These numbers are in the 2020 Land Book.

By 2025, the total taxable value increased by around three and a half billion dollars and the total tax increased by $36.8 million. In 2023, Council unanimously increased the property tax rate to $0.96 per $100 of assessed value and increased it again to $0.98 per $100. The full numbers are on the last page of the 2025 Land Book.

What will happen in 2026? It’ll be here in a moment.

For now, let’s go back to March. Thanks to paid subscribers for this. The practice is for this to be posted on Information Charlottesville but I may stop doing that soon.

March 4, 2025

• A three bedroom townhouse in the Melbourne Park community in the Locust Grove neighborhood sold for $455,000. That’s 2.32 percent above the 2025 assessment of $444,700 and 57.44 percent above the 2020 assessment of $289,000. (Residential Mixed Use 3, N/A)

March 5, 2025

• A two bedroom townhouse in the Druid Hill community on Druid Avenue sold for $385,000. That’s 2.68 percent below the 2025 assessment of $395,600 and 52.72 percent above the 2020 assessment of $252,100. Homes in this block were built in 2004. (Residential Mixed Use 3, N/A)

March 6, 2025

• An 813 square foot two bedroom condominium in the apartment complex at 1800 Jefferson Park Avenue sold for $288,000. That’s 0.89 percent below the 2025 assessment of $290,600 and 31.45 percent above the 2020 assessment of $219,100. (Residential Mixed Use 5, N/A)
• An 802 square foot two bedroom condominium in an apartment building at 602 Cabell Avenue sold for $295,000. That’s 6.69 percent above the 2025 assessment of $276,500 and 47.28 percent above the 2020 assessment of $200,300. (Residential Mixed Use 5, N/A)

March 7, 2025

• A four bedroom house in the 900 block of Page Street sold for $650,000. That’s 21.38 percent above the 2025 assessment of $535,500 and 73.98 percent above the 2020 assessment of $373,600. (Residential Neighborhood A, 0.12 acres)
• A one bedroom house in the 200 block of Monte Vista Avenue in the Fry’s Spring neighborhood sold for $422,765. That’s 19.83 percent above the 2025 assessment of $352,800 and 69.65 percent above the 2020 assessment of $249,200. The previous owner, Milo and Petey LLC, had purchased the property for $285,000 in October 2023. (Residential-A, 0.176 acres)

March 10, 2025

• A three bedroom house in the 2300 block of Price Avenue sold for $557,000. That’s 12.09 percent above the 2025 assessment of $496,900 and 63.39 percent above the 2020 assessment of $340,900. (Residential Mixed Use 3, 0.247 acres)
• A two bedroom house on Piedmont Avenue North in the Jefferson Park Avenue neighborhood sold for $413,000. That’s 3.07 percent below the 2025 assessment of $426,100 and 44.91 percent above the 2020 assessment of $285,000. A building permit is pending for interior renovations. The structure dates back to 1939. (Residential Mixed Use 3, 0.198 acres)
• A four bedroom house on Piedmont Avenue North in the Jefferson Park Avenue neighborhood sold for $500,000. This is 1.36 percent above the 2025 assessment of $493,300 and 42.53 percent above the 2020 assessment of $350,800. (Residential Mixed Use 3, 0.223 acres)
• A townhouse built in 2016 as part of the Burnett Commons development in the Ridge Street neighborhood sold for $356,900. That’s 3.25 percent below the 2025 assessment of $368,900. This two bedroom unit was built by Habitat for Humanity of Greater Charlottesville. The first owner paid $204,900 in July 2016 and sold it back to Habitat for $350,000 on November 30, 2023. They have a right of first refusal. (Residential-C, 0.02 acres)

March 11, 2025

• A two bedroom house on Spruce Street in the Belmont-Carlton neighborhood sold for $270,000. That’s 32.26 percent below the 2025 assessment of $398,600 and 30.5 percent above the 2020 assessment of $206,900. (Residential-A, 0.202 acres)
• An 856 square foot medical office in a building at 2202 North Berkshire Road sold for $90,000. That’s 32.26 percent below the 2025 assessment of $145,900 and 16.12 percent below the 2020 assessment of $107,300. (Node Mixed Use 8, N/A)
• A three bedroom house built in 1964 on Troost Court in the Fry’s Spring neighborhood sold for $529,000. That’s 8.48 percent below the 2025 assessment of $578,000 and 52.98 percent above the 2020 assessment of $345,800. (Residential-A, 0.43 acres)
• An entity called 214 Ridge LLC has purchased what the city classifies as an office building at 214 Ridge Street for $870,000. That’s 35.26 percent above the 2025 assessment of $643,200 and 58.12 percent above the 2020 assessment of $550,200. For some reason, the city’s information does not have the lot’s acreage. (Node Mixed Use 8, N/A)

March 12, 2024

• On this day there was a transaction between the University of Virginia Foundation and the University of Virginia involving four parcels of land in between Wertland Street and West Main. According to the deed, UVA gifted two parcels of land to be added to land the UVA Foundation owns at 1010 Wertland Street. This is the location of a proposed 180-unit affordable housing building. And in case you’re wondering why this is for paid subscribers first, it cost me $9 to get the deed!

March 13, 2025

• A multifamily structure with seven bedrooms on North Berkshire Road sold for $497,500, or 12.05 percent above the 2025 assessment of $444,000 and 70.09 percent above the 2020 assessment of $292,500. The building had been purchased by Richmond Wholesale Sales LLC for $375,000 in January. (Residential-A, 0.356 acres)

March 14, 2025

• A 1,671 square foot office inside of 802 East Jefferson sold for $515,000. That’s 20.89 percent above the 2025 assessment of $426,000 and 13.71 percent above the 2020 assessment of $452,900. PWR Investment LLC purchased from an LLC with the name East Jefferson Assemblage LLC. (Downtown, N/A)
• Home Savers LLC is the new owner of 120 Thomas Drive in the Fry’s Spring neighborhood. The company paid $350,000 for the six bedroom house. The transaction is 17.57 percent below the 2025 assessment of $424,600 and 35.92 percent above the 2020 assessment of $257,500. (Residential-A, 0.181 acres)
• A four bedroom house built in 1963 on Linda Court sold for $310,000. That’s 29.16 percent below the 2025 assessment of $437,600 and 0.32 percent above the 2020 assessment of $309,000. (Residential-A, 0.32 acres)

March 17, 2025

• An empty lot on St. Charles Avenue in the Martha Jefferson neighborhood sold for $190,000. That’s 12.03 percent above the 2025 assessment of $169,600 and 73.36 percent above the 2020 assessment of $109,600. (Residential-A, 0.34 acres)
• A three bedroom house built in 1969 on Yorktown Drive sold for $852,500. That’s 4.51 percent above the 2025 assessment of $815,700 and 45.21 percent above the 2020 assessment of $587,100. (Residential-A, 0.64 acres)

March 18, 2025

• A four bedroom house built in 2023 on Rialto Street sold for $650,000. That’s 6.03 percent below the 2025 assessment of $691,700 and 10.69 percent above the 2023 assessment of $587,200. (Residential-A, 0.05 acres)
• Two units on Stratford Court in the Fry’s Spring neighborhood sold for $780,000. That’s 1.92 percent above the 2025 assessment of $765,300 for both parcels. An entity called 115 Stratford LLC purchased the property in 2019 and got a building permit out for an addition. The finished product was bought by XK Investments in June 2021 for XK Investments for $678,000 and again on this day by Cavalier Haven LLC. (Residential-A, 0.0785 acres)
• A three bedroom house built in 2017 on Huntley Avenue sold for $750,000. That’s 14.45 percent above the 2025 assessment of $655,300 and 58.03 percent above the 2020 assessment of $474,600. (Residential-A, 0.083 acres)

March 19, 2025

• A two bedroom house on Florence Road built in 1945 sold for $93,375. That’s 64.8 percent below the 2025 assessment of $265,300 and 41.89 percent below the 2020 assessment of $160,700. (Residential-A, 0.37 acres)
• An entity called 830 Belmont LLC purchased a vacant lot at that address for $200,000. That’s 33.33 percent above the 2025 assessment of $150,000 and 81.82 percent above the 2020 assessment of $110,000. (Residential-A, 0.139 acres)

March 20, 2025

• A four bedroom house built in 1997 in the 1800 block of East Market Street sold for $685,000. That’s 17.54 percent above the 2025 assessment of $582,800 and 48.43 percent above the 2020 assessment of $461,500. (Residential-A, 0.23 acres)
• A one bedroom house in the 200 block of Lankford Avenue in the Ridge Street neighborhood sold for $173,900. That’s 5.08 percent below the 2025 assessment of $183,200 and 43.84 percent above the 2020 assessment of $120,900. (Residential-A, 0.339 acres)

March 21, 2025

• The Residential Neighborhood A zoning district was intended to discourage gentrification in what the Comprehensive Plan called “Sensitive Communities.” There is slightly less density than allowed under Residential-A. A company based out of Woodstock, Georgia, called Good Buy Real Estate purchased 606 Delevan Street for $150,000. That 50.93 percent below the 2025 assessment of $305,700 and 11.82 percent below the 2020 assessment of $170,100. The family that owned the property before paid $25,000 in 1983. Were they treated fairly? (Residential Neighborhood A, 0.142 acres)
• A three bedroom house on Old Lynchburg Road built in 1975 sold for $535,000 which is 9.27 percent above the 2025 assessment of $489,600 and 51.56 percent above the 2020 assessment of $353,000. (Residential-A, 0.3 acres)
• A three story house on Nicholson Street built in 2020 sold for $730,000. That’s 7.1 percent above the 2025 assessment of $681,600 and 28.41 percent above the 2020 assessment of $568,500. This property had been purchased by Trinity Property Partners LLC in December 2024 for $500,410. (Residential-A, 0.08 acres)

March 24, 2025

• A three bedroom single family attached unit in the 1000 block of 5th Street SW in the Orangedale community sold for $296,000. That’s 19.02 percent above the 2025 assessment of $248,700 and $106.56 percent above the 2020 assessment of $143,300. (Residential-C, 0.145 acres)

March 26, 2025

• A four bedroom house on Kenwood Lane in the Greenbrier neighborhood originally built in 1971 sold for $905,000. That’s 36.58 percent above the 2025 assessment of $662,600 and 135.74 percent above the 2020 assessment of $383,900. A company called Hinge Remodeling and Construction bought the property in October 2021 for $350,000 and made many interior renovations and replaced the plumbing and the HVAC system. Another couple bought the house in November 2022 for $775,000. (Residential-A, 0.283 acre)
• A four bedroom house built in 2020 on Monticello Avenue sold for $675,000. That’s 5.29 percent below the 2025 assessment of $712,700. An entity called LBQ Properties bought the property in February 2018 for $115,000 and demolished what had been previously been there. (Residential-A, 0.102 acres)

March 27, 2025

• A four bedroom house on Lochlyn Hill Drive built in 2018 sold for $1.45 million. That’s 34.36 percent above the 2025 assessment of $1,079,200 and 92.41 percent above the 2020 assessment of $753,600. The house sold for the first time in 2018 sold for $768,000. (Residential-A, 0.2 acres)
• Pearlie’s Properties LLC of Charlottesville has purchased 1001 Avon Street for $750,000. That’s 56.59 percent above the 2025 assessment of $463,000 and 126.92 percent above the 2020 assessment of $319,500. The structure on the property is a three bedroom house that city records indicate was built in 1925. (Residential-C, 0.13 acres)

March 28, 2025

• A 698 square foot one bedroom condominium in the Cedars complex sold for $185,000. That is 0.6 percent above the 2025 assessment of $183,900 and 63.72 percent above the 2020 assessment of $113,000. (Node Mixed Use 5, N/A)
• A 936 square foot condominium with three bedrooms on Linden Avenue sold for $306,000. That’s 4.26 percent above the 2025 assessment of $293,500 and 52.77 percent above the 2020 assessment of $200,300. (Residential-C, N/A)
• A four bedroom house on Kerry Lane in the Greenbrier neighborhood sold for $605,000. That’s 2.61 percent above the 2025 assessment of $589,600 and 56.65 percent above the 2020 assessment of $386,200. (Residential-A, 0.34 acres)
• A 1,032 square foot two-bedroom condominium in the Queen Charlotte building on East Jefferson Street sold for $625,000. That’s 14.36 percent above the 2025 assessment of 39.76 percent above the 2020 assessment. (Corridor Mixed Use 8, N/A)
• A five bedroom house on Cabell Avenue built in 1956 sold for $775,000. That’s 10.07 percent below the 2025 assessment of $861,800 and 14.12 percent above the 2020 assessment of $679,100. (Residential-B, 0.21 acres)

March 31, 2025

• A three bedroom house built in 2020 on Payne’s Mill Road sold for $715,000. That’s 12.02 percent above the 2025 assessment of $638,000 and 22.39 percent above the 2021 assessment of $584,200. (Residential-A, 0.17 acres)
• A three bedroom house built in 2006 on St. Charles Court sold for $755,000. That’s 48.83 percent above the 2025 assessment of $507,300 and 105.05 percent above the 2020 assessment of $368,200. (Residential-A, 0.197 acres)

Before you go: A major research interest for Town Crier Productions is property research in Charlottesville. While all of the information is eventually posted publicly, paid subscribers of the Charlottesville Community Engagement newsletter occasionally get an advanced notice. This edition for March 2025 was originally posted through Substack on June 19, 2025 and to this website on September 21, 2026 but then back dated. 

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