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  • $582,400

    516 Caroline Ave, Charlottesville, VA 22902

    3beds
    1,400sqft
    Single Family Residence
    Built in 1950
    8,712 Square Feet Lot
    $572,900 Zestimate®
    $416/sqft
    $2,622 Estimated rent

    Home value

    $572,900

    $539,000 - $602,000

    $2,622/mo

    Zestimate® history
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    What's special

    Metal roofCompletely new plumbingSeparate outdoor entranceReclaimed lumberBrand new kitchen cabinets
    Welcome to this turn-key ready recently renovated (top to bottom) charming Cape-Cod cottage backing to the Rivanna River. Incredibly convenient location blocks to it all! Brand new kitchen cabinets (slow close), fixtures, appliances, drawers and so much more! Do not miss the beautiful Quartz countertops. Reclaimed Lumber from the original home. Beautiful large trex deck. New standing seem metal roof. Completely New Plumbing. New two zone HVAC. Unfinished large basement with its own separate outdoor entrance. Flat Fenced in backyard. Ample off street parking. Do not miss out on this incredibly unique opportunity to own a manageably sized detached home blocks to it all and backing to the river!

    Zillow last checked:

    Listing updated:

    Listed by:

    CLAUDIA TROY 720-377-4885,

    LONG & FOSTER - CHARLOTTESVILLE

    Bought with:

    DEIDRE CARPENTER, 0225234439

    VIRGINIA ESTATES

    Source: CAAR,MLS#: 650838MLS LogoOriginating MLS: Charlottesville Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bathroom, Bedroom, Full Bath, Kitchen, Laundry
    Bedroom
    • Level: First
    Bedroom
    • Level: Second
    Bathroom
    • Level: First
    Bathroom
    • Level: Second
    Other
    • Features: Butler's Pantry
    • Level: First
    Kitchen
    • Level: First
    Laundry
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Primary Downstairs, Butler's Pantry
    • Basement: Exterior Entry
    Interior area
    • Total structure area: 2,200
    • Total interior livable area: 1,400 sqft
    • Finished area above ground: 1,400
    • Finished area below ground: 0

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 500142000
    • Zoning description: R-1A Residential Low Density

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stick Built
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Fiber Optic Available

    Community & HOA

    Community
    • Subdivision: WOOLEN MILLS
    HOA
    • Has HOA: No
    Location
    • Region: Charlottesville

    Financial & listing details

    • Price per square foot: $416/sqft
    • Tax assessed value: $460,000
    • Annual tax amount: $4,000
    • Date on market: 3/21/2024
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    4/2/2024Sold$582,400+1.3%$416/sqft
    Source: CAAR #650838 Report a problem
    3/25/2024Pending sale$574,900$411/sqft
    Source: CAAR #650838 Report a problem
    3/21/2024Listed for sale$574,900+283.3%$411/sqft
    Source: CAAR #650838 Report a problem
    3/31/2023Sold$150,000-16.4%$107/sqft
    Source: Agent Provided Report a problem
    3/16/2023Pending sale$179,500$128/sqft
    Source: CAAR #636096 Report a problem
    1/25/2023Price change$179,500-9.8%$128/sqft
    Source: CAAR #636096 Report a problem
    10/27/2022Listed for sale$199,000+249.1%$142/sqft
    Source: CAAR #636096 Report a problem
    11/20/1987Sold$57,000$41/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,566 +230.7%$460,000 +240.7%
    2024$1,381 +14.1%$135,000 +12.5%
    2023$1,210 +129.1%$120,000 +9.1%
    2022$528 -75.7%$110,000 -51.8%
    2021$2,169 $228,300 +2.4%
    2020-- $222,900 +2.9%
    2019$2,058 +0.1%$216,600 +3%
    2018$2,055 $210,300 +6.9%
    2017-- $196,700 +3.5%
    2016$1,635 $190,100 +5.8%
    2015$1,635 $179,700
    2014$1,635 $179,700 +4.4%
    2013$1,635 $172,100
    2012$1,635 -2.5%--
    2011$1,677 --
    2010-- --
    2009$1,671 --
    2008-- $175,800
    2007-- $175,800 +11.5%
    2006-- $157,700 +20%
    2005-- $131,400 +15%
    2004-- $114,300
    Find assessor info on the county website

    Neighborhood: Woolen Mills

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Burnley-Moran
    • 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
    $572,900
    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
    $572,900