Incredible investment opportunity near UVA: fully leased through May 2025. C: 1900 brick house on a spacious offers oodles of off street parking. You'll appreciate the charm and character (high ceilings, hardwood floors, arched doorways) which is further enhanced by modern systems, and renovated kitchen and baths. The home is well maintained by the current owners who are ready to pass the baton, along with their list of local service providers who keep the home in top-notch condition. 1604 Grady Avenue is an ideal property to add to your investment portfolio as the 8 bedroom, 6 bath house is sought after by UVA students every year; recent Zoning changes (Residential Mixed Use, 5 stories) allow for increased density and expansion on site. The possibilities are endless. Come see what all the fuss is about. Floor plans included with photos. Showings by appointment only, with listing agent present, so not to disturb the current tenants.
Closed
$1,825,000
1604 Grady Ave, Charlottesville, VA 22903
8beds
2,778sqft
Single Family Residence
Built in 1900
7,405 Square Feet Lot
$1,731,400 Zestimate®
$657/sqft
$3,536 Estimated rent
Home value
$1,731,400
$1.56M - $1.90M
$3,536/mo
Zestimate® history
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$10,820/mo
Est. payment
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$10,820/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
TOMMY BRANNOCK 434-981-1486,
LORING WOODRIFF REAL ESTATE ASSOCIATES
Bought with:
LINDSAY MILBY, 0225191928
LORING WOODRIFF REAL ESTATE ASSOCIATES
Source: CAAR,MLS#: 653242
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Bathroom, Bedroom, Full Bath, Foyer, Kitchen, Laundry, Living Room, Utility Room
Heating
- Central
Cooling
- Central Air
Features
- Entrance Foyer, Programmable Thermostat, Utility Room
- Basement: Exterior Entry,Full,Interior Entry,Unfinished,Walk-Out Access
Interior area
- Total structure area: 3,314
- Total interior livable area: 2,778 sqft
- Finished area above ground: 2,778
- Finished area below ground: 0
Property
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 050067000
- Zoning description: Residential Mixed Use 5
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Block, Slab
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: PRESTON HEIGHTS
HOA
- Has HOA: No
Location
- Region: Charlottesville
Financial & listing details
- Price per square foot: $657/sqft
- Tax assessed value: $738,300
- Annual tax amount: $6,409
- Date on market: 5/23/2024
- Cumulative days on market: 49 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2024 | Sold | $1,825,000-1.4%$657/sqft |
Source:  CAAR #653242 Report a problem | ||
| 7/12/2024 | Pending sale | $1,850,000$666/sqft |
Source: CAAR #653242 Report a problem | ||
| 5/24/2024 | Listed for sale | $1,850,000$666/sqft |
Source: CAAR #653242 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,408 +12.6% | $738,300 +12.9% |
| 2024 | $6,582 +0.2% | $654,000 -1.9% |
| 2023 | $6,571 +105.4% | $666,500 |
| 2022 | $3,199 -49.9% | $666,500 -0.9% |
| 2021 | $6,391 | $672,700 -0.6% |
| 2020 | -- | $676,600 -0.9% |
| 2019 | $6,487 | $682,800 -0.9% |
| 2018 | -- | $689,100 -2.8% |
| 2017 | -- | $709,300 +47% |
| 2016 | $4,349 | $482,600 +2% |
| 2015 | $4,349 | $473,100 |
| 2012 | $4,349 +5% | -- |
| 2011 | $4,142 | -- |
| 2010 | -- | -- |
| 2009 | $4,142 | -- |
| 2008 | -- | $403,700 +1.3% |
| 2007 | -- | $398,700 +2.3% |
| 2006 | -- | $389,600 +16.1% |
| 2005 | -- | $335,500 +3.9% |
| 2004 | -- | $322,900 |
Find assessor info on the county website
Neighborhood: Venable
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Nearby schools
GreatSchools rating
- 4/10Venable Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 3/10Buford Middle SchoolGrades: 7-8Distance: 1 mi
- 4/10Charlottesville High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Trailblazer
- 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
- Venable
- 1604 Grady Ave
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