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  • $530,000

    500 Court Sq APT 503, Charlottesville, VA 22902

    2beds
    1,252sqft
    Condominium
    Built in 1926
    -- sqft lot
    $542,400 Zestimate®
    $423/sqft
    $2,379 Estimated rent

    Home value

    $542,400

    $510,000 - $575,000

    $2,379/mo

    Zestimate® history
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    What's special

    Historic charmPicturesque mountain viewsPrivate laundry areaContemporary luxurySpacious kitchenAbundant natural lightElegant white cabinetry
    This exceptional residence, originally 2 distinct units within the former historic Monticello Hotel, presents a superb opportunity for either a discerning private resident or as a strategic investment. 2021, these units underwent a comprehensive, architecturally designed renovation, encompassing significant upgrades including new windows, plumbing, & hot water heater. 1252 sq feet on the 5th floor, this beautifully transformed, upscale abode seamlessly blends historic charm with contemporary luxury. Each room is bathed in abundant natural light, offering sweeping urban vistas & picturesque mountain views. The newly designed, spacious kitchen is a culinary enthusiast's dream, featuring elegant white cabinetry, exquisite Bianco Calacatta Silestone countertops, & state-of-the-art stainless-steel appliances. From the kitchen and dining area, one can enjoy a captivating view of the historic Courthouse. A convenient private laundry area. Every update & renovation has been executed with meticulous attention to detail by a dedicated architect and construction team. Residents benefit from elevator access & full x concierge. ENJOY THIS WALKABLE NEIGHORHOOD.. LOCATED IN THE DOWNTOWN AREA.

    Zillow last checked:

    Listing updated:

    Listed by:

    DEBI DOTSON 434-960-6753,

    REAL ESTATE III, INC.

    Bought with:

    TRAUGOTT & ASSOCIATES, 0225063118

    REAL ESTATE III, INC.

    Source: CAAR,MLS#: 664706MLS LogoOriginating MLS: Charlottesville Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bathroom, Bedroom, Dining Room, Full Bath, Kitchen, Living Room
    Bedroom
    • Level: First
    Bathroom
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Double Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Dryer, Washer
    Features
    • Primary Downstairs
    • Flooring: Cork, Ceramic Tile, Parquet
    • Windows: Low-Emissivity Windows, Vinyl
    • Has basement: No
    Interior area
    • Total structure area: 1,252
    • Total interior livable area: 1,252 sqft
    • Finished area above ground: 1,252
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: City, Mountain(s)
    Lot
    • Features: Historic District
    Details
    • Parcel number: 5300965504 and 530096503
    • Zoning description: Downtown Mixed Use

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick, Stick Built
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, High Speed Internet Available

    Community & HOA

    Community
    • Security: Door Buzzer, Resident Manager, Smoke Detector(s), Security Door
    • Subdivision: NONE
    HOA
    • Has HOA: Yes
    • Amenities included: Storage
    • Services included: Cable TV, Electricity, Insurance, Maintenance Structure, Sewer, Security, Trash, Water
    • HOA fee: $1,062 monthly
    Location
    • Region: Charlottesville

    Financial & listing details

    • Price per square foot: $423/sqft
    • Tax assessed value: $295,800
    • Annual tax amount: $6,525
    • Date on market: 5/18/2025
    • Cumulative days on market: 86 days

    Price history

    DateEventPrice
    10/29/2025Sold$530,000-3.5%$423/sqft
    Source: CAAR #664706 Report a problem
    9/20/2025Pending sale$549,000$438/sqft
    Source: CAAR #664706 Report a problem
    9/2/2025Price change$549,000-6.2%$438/sqft
    Source: CAAR #664706 Report a problem
    8/21/2025Listed for sale$585,000$467/sqft
    Source: CAAR #664706 Report a problem
    7/17/2025Listing removed$585,000$467/sqft
    Source: CAAR #664706 Report a problem
    7/12/2025Price change$585,000-2.3%$467/sqft
    Source: CAAR #664706 Report a problem
    6/13/2025Price change$599,000-4.9%$478/sqft
    Source: CAAR #664706 Report a problem
    6/6/2025Price change$630,000-3.1%$503/sqft
    Source: CAAR #664706 Report a problem
    6/2/2025Price change$650,000-3.7%$519/sqft
    Source: CAAR #664706 Report a problem
    5/20/2025Listed for sale$675,000+12.7%$539/sqft
    Source: CAAR #664706 Report a problem
    4/28/2020Listing removed$599,000$478/sqft
    Source: LORING WOODRIFF REAL ESTATE ASSOCIATES #595337 Report a problem
    3/2/2020Listed for sale$599,000$478/sqft
    Source: LORING WOODRIFF REAL ESTATE ASSOCIATES #595337 Report a problem
    3/2/2020Pending sale$599,000$478/sqft
    Source: LORING WOODRIFF REAL ESTATE ASSOCIATES #595337 Report a problem
    10/16/2019Price change$599,000-6.3%$478/sqft
    Source: LORING WOODRIFF REAL ESTATE ASSOCIATES #595337 Report a problem
    9/9/2019Listed for sale$639,000$510/sqft
    Source: LORING WOODRIFF REAL ESTATE ASSOCIATES #595337 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,905 +0.5%$295,800 +0.5%
    2024$2,891 +6.6%$294,300 +4.4%
    2023$2,712 +116.7%$281,800 +8.1%
    2022$1,251 -35.4%$260,700 +27.8%
    2021$1,938 $204,000 +21.9%
    2020-- $167,400
    2019$1,590 +60.7%$167,400 +61.7%
    2018$990 $103,500 +5.5%
    2017-- $98,100 +4.1%
    2016-- $94,200
    2015-- $94,200 +5.5%
    2014-- $89,300
    2012$848 --
    2011$848 --
    2010-- --
    2009$794 --
    2008-- $87,100 +0.5%
    2007-- $86,700 +13.2%
    2006-- $76,600 +13.6%
    2005-- $67,400 +9.1%
    2004-- $61,800
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Summit
    • 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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    Estimated market value
    $542,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $542,400