This 0.18-acre lot in Fifeville, Charlottesville, offers a unique redevelopment opportunity and can be subdivided. Currently featuring a house, the property is zoned R-B, allowing for a baseline of 6 units, which can increase to 8 units if the existing home is retained. For projects that include affordable housing, the potential expands to 12 units. With the adjacent 0.14-acre lot also for sale, this is an excellent chance to maximize development potential in a desirable neighborhood.
Closed
$410,000
500 Hanover St, Charlottesville, VA 22903
4beds
1,546sqft
Single Family Residence
Built in 1946
7,840.8 Square Feet Lot
$470,700 Zestimate®
$265/sqft
$2,797 Estimated rent
Home value
$470,700
$428,000 - $518,000
$2,797/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
LUKE COLE 434-882-3558,
FOUR CORNERS REAL ESTATE SOLUTIONS, LLC
Bought with:
MAUREEN HEGARTY, 0225181710
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Source: CAAR,MLS#: 656098
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Heating
- Hot Water, None
Cooling
- Window Unit(s)
Features
- Primary Downstairs
- Basement: Exterior Entry,Finished,Interior Entry,Partially Finished
Interior area
- Total structure area: 1,910
- Total interior livable area: 1,546 sqft
- Finished area above ground: 1,182
- Finished area below ground: 364
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840 sqft
Details
- Parcel number: 230093000
- Zoning description: RB Residential-Business District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Slab
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Fiber Optic Available, Satellite Internet Available
Community & neighborhood
Location
- Region: Charlottesville
- Subdivision: FIFEVILLE
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Listing removed | $2,225$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/15/2025 | Listed for rent | $2,225$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2025 | Listing removed | $449,900$291/sqft |
Source:  CAAR #663069 Report a problem | ||
| 7/2/2025 | Price change | $449,900-5.3%$291/sqft |
Source: CAAR #663069 Report a problem | ||
| 4/11/2025 | Listed for sale | $474,900+15.8%$307/sqft |
Source: CAAR #663069 Report a problem | ||
| 10/23/2024 | Sold | $410,000-1.2%$265/sqft |
Source: CAAR #656098 Report a problem | ||
| 9/24/2024 | Pending sale | $415,000$268/sqft |
Source: CAAR #656098 Report a problem | ||
| 9/20/2024 | Price change | $415,000-7.8%$268/sqft |
Source: CAAR #656098 Report a problem | ||
| 8/22/2024 | Listed for sale | $450,000$291/sqft |
Source: CAAR #656098 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,644 +10.3% | $364,500 +10.5% |
| 2024 | $3,305 +4.9% | $329,900 +2.9% |
| 2023 | $3,150 +120.9% | $320,600 +7.9% |
| 2022 | $1,426 -42.6% | $297,000 +13.6% |
| 2021 | $2,484 | $261,500 +2.4% |
| 2020 | -- | $255,400 +3.2% |
| 2019 | $2,352 +5.3% | $247,600 +8.8% |
| 2018 | $2,233 | $227,500 +1.2% |
| 2017 | -- | $224,700 +5.5% |
| 2016 | $1,906 | $212,900 +5% |
| 2015 | $1,906 | $202,800 |
| 2014 | $1,906 | $202,800 +12.7% |
| 2013 | $1,906 | $180,000 |
| 2012 | $1,906 -12.3% | -- |
| 2011 | $2,174 | -- |
| 2010 | -- | -- |
| 2009 | $2,233 | -- |
| 2008 | -- | $232,800 +5.4% |
| 2007 | -- | $220,800 +20.9% |
| 2006 | -- | $182,600 +17.6% |
| 2005 | -- | $155,300 +15% |
| 2004 | -- | $135,000 |
Find assessor info on the county website
Neighborhood: Fifeville
Nearby schools
GreatSchools rating
- 2/10Johnson Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 3/10Buford Middle SchoolGrades: 7-8Distance: 0.2 mi
- 4/10Charlottesville High SchoolGrades: 9-12Distance: 2.1 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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