An exciting investment opportunity to own a property with side street access that allows up to 6 units in the new R-B zoning. Due to its excellent location, the property has been a very successful rental. Walking distance to downtown, UVA, West Main and Smith Aquatic Fitness Center. Cherry Ave is located on a bus route. It is a short drive to I-64 and 5th street station. There are four, potentially five(smaller vehicles) off-street parking spaces, making this a very desirable rental. Home has been well maintained and loved by long-term tenants. This spacious downtown home features hardwood floors, a metal roof, AC, updated windows, large bedrooms and a master bedroom on the first floor. This home has a large backyard and a garage/workshop/storage area with power.
Closed
$420,000
1101 Cherry Ave, Charlottesville, VA 22903
3beds
1,850sqft
Single Family Residence
Built in 1925
7,405 Square Feet Lot
$511,700 Zestimate®
$227/sqft
$2,616 Estimated rent
Home value
$511,700
$461,000 - $573,000
$2,616/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
BRADLEY J PITT 434-422-0352,
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Bought with:
GAVIN K SHERWOOD, 0225220316
YES REALTY PARTNERS
Source: CAAR,MLS#: 652597
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bathroom, Bedroom, Dining Room, Full Bath, Foyer, Kitchen, Living Room, Utility Room
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Gas Range, Refrigerator, Solar Hot Water, Dryer, Washer
Features
- Primary Downstairs, Entrance Foyer, Utility Room
- Flooring: Carpet, Hardwood, Vinyl
- Windows: Insulated Windows, Screens
- Basement: Unfinished
Interior area
- Total structure area: 2,706
- Total interior livable area: 1,850 sqft
- Finished area above ground: 1,850
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Garage Faces Side
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Porch
- Exterior features: Awning(s)
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 7,405 Square Feet
- Features: Near Public Transit
- Topography: Rolling
Details
- Parcel number: 230071000
- Zoning description: RB Residential-Business District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Stick Built
- Foundation: Stone
- Roof: Metal,Other
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Public Transportation
- Subdivision: FIFE ESTATE
HOA
- Has HOA: No
Location
- Region: Charlottesville
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $405,200
- Annual tax amount: $3,581
- Date on market: 5/6/2024
- Cumulative days on market: 85 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2026 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/2/2026 | Listed for rent | $2,500-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/16/2025 | Listing removed | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2025 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2024 | Sold | $420,000-11.6%$227/sqft |
Source:  CAAR #652597 Report a problem | ||
| 8/12/2024 | Pending sale | $475,000$257/sqft |
Source: CAAR #652597 Report a problem | ||
| 6/21/2024 | Price change | $475,000-5%$257/sqft |
Source: CAAR #652597 Report a problem | ||
| 5/24/2024 | Listed for sale | $500,000$270/sqft |
Source: CAAR #652597 Report a problem | ||
| 5/11/2024 | Pending sale | $500,000$270/sqft |
Source: CAAR #652597 Report a problem | ||
| 5/6/2024 | Listed for sale | $500,000+927.1%$270/sqft |
Source: CAAR #652597 Report a problem | ||
| 4/7/2010 | Sold | $48,681-67.5%$26/sqft |
Source: Agent Provided Report a problem | ||
| 4/27/2004 | Sold | $150,000$81/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,072 +8.4% | $405,200 +8.6% |
| 2024 | $3,756 +4.8% | $373,000 +2.8% |
| 2023 | $3,584 +122% | $362,800 +7.9% |
| 2022 | $1,614 -42.6% | $336,300 +13.7% |
| 2021 | $2,810 | $295,800 +3.7% |
| 2020 | -- | $285,300 +6.9% |
| 2019 | $2,536 +3.6% | $266,900 +8.1% |
| 2018 | $2,446 | $246,900 +1% |
| 2017 | -- | $244,400 +5% |
| 2016 | $2,087 | $232,800 +5% |
| 2015 | $2,087 | $221,700 |
| 2014 | $2,087 | $221,700 +13% |
| 2013 | $2,087 | $196,200 |
| 2012 | $2,087 -11.9% | -- |
| 2011 | $2,370 | -- |
| 2010 | -- | -- |
| 2009 | $2,448 | -- |
| 2008 | -- | $255,100 +5.4% |
| 2007 | -- | $242,100 +20% |
| 2006 | -- | $201,700 +17.1% |
| 2005 | -- | $172,200 +15% |
| 2004 | -- | $149,700 |
Find assessor info on the county website
Neighborhood: Fifeville
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Nearby schools
GreatSchools rating
- 2/10Johnson Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 3/10Buford Middle SchoolGrades: 7-8Distance: 0.2 mi
- 4/10Charlottesville High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Johnson (Charlottesville)
- Middle: Walker & Buford
- High: Charlottesville
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Charlottesville City
- Charlottesville
- 22903
- Fifeville
- 1101 Cherry Ave
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