This 0.14-acre lot in Fifeville, Charlottesville, offers a unique redevelopment opportunity and can be subdivided. It’s a great lot for a single residential home, and it is fully vacant and ready for development. The property is also zoned R-B, allowing for a baseline of 6 units. For projects that include affordable housing, the potential expands to 12 units. With the adjacent 0.18-acre lot also for sale, this is an excellent chance to maximize development potential in a desirable neighborhood.
Closed
$215,000
502 Hanover St, Charlottesville, VA 22903
--beds
--baths
6,098Square Feet
Unimproved Land
Built in ----
6,098.4 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,692 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,692/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#: 656099
Originating MLS: Charlottesville Area Association of Realtors
Originating MLS: Charlottesville Area Association of RealtorsFacts & features
Property
Features
- Fencing: None
Lot
- Size: 6,098 sqft
Details
- Parcel number: 230093100
- Zoning description: R-3 Residential
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & neighborhood
Location
- Region: Charlottesville
- Subdivision: FIFEVILLE
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2025 | Listing removed | $225,000 |
Source:  CAAR #663068 Report a problem | ||
| 4/11/2025 | Listed for sale | $225,000+4.7% |
Source: CAAR #663068 Report a problem | ||
| 10/23/2024 | Sold | $215,000-2.3% |
Source: CAAR #656099 Report a problem | ||
| 9/24/2024 | Pending sale | $220,000 |
Source: CAAR #656099 Report a problem | ||
| 9/20/2024 | Price change | $220,000-8.3% |
Source: CAAR #656099 Report a problem | ||
| 8/22/2024 | Listed for sale | $240,000 |
Source: CAAR #656099 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,176 +17.1% | $120,000 +17.1% |
| 2024 | $1,005 +2.1% | $102,500 |
| 2023 | $984 +115.8% | $102,500 +7.9% |
| 2022 | $456 -47.8% | $95,000 +3.3% |
| 2021 | $874 | $92,000 +37.3% |
| 2020 | -- | $67,000 +6% |
| 2019 | $600 +19.9% | $63,200 +19.9% |
| 2018 | $501 | $52,700 +5% |
| 2017 | -- | $50,200 +18.1% |
| 2016 | $367 | $42,500 +4.9% |
| 2015 | $367 | $40,500 |
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: 2.2 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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