Real Estate - On the Block

Cabin fever: Rustic charm minutes from downtown
Published on Jan 18th, 2013
4 comments Address: 1979 Old Lynchburg RoadAsking: $395,000Assessment: $343,000Year Built: 1980Size:  1200 finished sq. ft., 800 unfinishedLand: 6.78 acresCurb Appeal: 8 out of 10Listing Agent: Carter...
Fear and learning: School districts and property values intertwine
Published on Jan 3rd, 2013
6 comments Redistricting has been a hot topic of late for many families in Albemarle County. Parents of students attending potentially affected schools have expressed concerns about the impact redistricting...
Looking forward, looking back
Published on Dec 17th, 2012
0 comments     Our local housing market saw a bit of a rebound in 2012, as reported by both Nest Realty and CAAR (the Charlottesville-Albemarle Association of Realtors), and now that the year is...
U. Circle classic: History in the midst of history
Published on Dec 6th, 2012
1 comments Address: 31 University CircleNeighborhood: RugbyAsking: $995,000Assessment: $611,200 Year Built: 1928Size: 4240 finished sq. ft. /2060 unfinished sq. ft.Land: .34 acresCurb Appeal: 7 out of 10Listing...
Space galore: Room to grow in Louisa
Published on Nov 16th, 2012
8 comments Address: 247 River Crest RoadNeighborhood: Mountain View Estates (Louisa)Asking: $279,900Assessment: $254,900 Year Built: 1996Size:  3,059 finished sq. ft. /576 unfinished sq. ft.Land: 1.5...
Rosy fall? Recent reports suggest happy trend
Published on Nov 1st, 2012
5 comments New reports, released just a few weeks ago, indicate that the Charlottesville-Albemarle real estate market is showing signs of recovery. For instance, the third quarter report from Nest...
Merry Randolph: Upscale finishes highlight downtown tower condo
Published on Oct 13th, 2012
3 comments Address: 210 NE 10th Street, Unit 103Neighborhood: The RandolphAsking: $625,000Assessment: $555,000Year Built: 2008Size: 1789 finished sq. ft.Curb Appeal: 5 out of 10Listing Agent: Lindsay Milby,...
Broken condos: Barracks West complex sold short
Published on Oct 2nd, 2012
6 comments The condo-craze bubble is officially popped. Developer Hunter Craig was part of a team that paid $32 million in 2007 to turn student-apartment complex Old Salem into a condo-plex renamed Barracks...
On Secretarys Road: Homesteading possibilities with green amenities
Published on Oct 1st, 2012
0 comments Address: 2230 Secretarys RoadNeighborhood: Carter’s BridgeAsking: $250,000Assessment: $219,300Year Built: 2008Size: 1800 finished sq. ft.Land: 2.00 acresCurb Appeal: 7 out of 10Listing Agent: Gracie...
New trend? Ramsay goes on absolute-auction block
Published on Sep 22nd, 2012
9 comments It turns out the rich are as hesitant to buy real estate in a down market as the not-so-rich, and high-end properties have languished since the bubble burst. That's why Harry and Susan Lankenau are...
Real recovery? Belvedere, Old Trail cite building booms
Published on Sep 18th, 2012
9 comments Realtors say they're seeing positive signs. New construction starts and sales have jumped in the past year, say the management of two of the county's most audacious mixed-use developments, Belvedere...
Volume amid volume: Upscale home graces a casual neighborhood
Published on Sep 17th, 2012
3 comments Address: 3585 Morgantown RoadNeighborhood: IvyAsking: $649,000Assessment: $607,000Year Built: 1990Size:  5,997 finished sq. ft., 600 unfinished sq. ft.Land:  2.01 acresCurb Appeal: 8 out of...
Ag living lite: What's up with Greene's Farm Colony?
Published on Aug 31st, 2012
0 comments Address: 451 Colony DriveNeighborhood: Farm ColonyAsking: $369,000Assessment: $392,900Year Built: 1976Size:  3,298 finished sq. ft., 500 unfinished sq. ft.Land: 2.07 acresCurb Appeal: 8 out of...
Move-in ready: Near north house mixes past and present
Published on Aug 19th, 2012
6 comments Address: 1406 Holly RoadNeighborhood: Rutledge/GreenbrierAsking: $329,000Assessment: $290,700Year Built: 1957Size:  1,829 finished sq. ft.Land: .28 acresCurb Appeal: 6 out of 10Listing Agent:...
Swallowtail Cottage: Birds and butterflies abound in Free Union
Published on Aug 9th, 2012
2 comments Address: 1813 Old Orchard RoadNeighborhood: Free UnionAsking: $349,900Assessment: $203,800Year built: 1973Size: 1,904 finished sq. ft., 400 unfinishedLand: .47 acresCurb Appeal: 8 out of 10Listing...
Actively passive: Melding green living with a stylish design
Published on Jul 21st, 2012
3 comments Address: 229 Lankford AvenueNeighborhood: Ridge StreetAsking: $598,000Assessment: $459,700Year Built: 2012Size:  2,250 finished sq. ft., 360 unfinishedLand: .11 acresCurb Appeal: 7 out of...
Batesville solitude: Miran Forest home complements surroundings
Published on Jul 12th, 2012
0 comments Address: 2864 Heartwood RoadNeighborhood: Miran ForestAsking: $339,000Assessment: $289,700Year Built: 1989Size:  1,957 finished sq. ft., 279 unfinishedLand: 7.93 acresCurb Appeal: 7 out of...
Stribling student-plex going single-family again
Published on Jun 28th, 2012
1 comments 4/27/12 Charlottesville Suman & Sunil Sharma to Craig E. & Nancy H. Despeaux, 192 Yellowstone Drive Unit 107, $90,000 Octopus Property LLC to KRSG Properties, Inc., 700 Walker Square, Unit 4B...
Ivy protection: Contemporary fills a rural setting
Published on Jun 9th, 2012
1 comments Address: 555 Spring Hill LaneNeighborhood: Spring HillAsking: $649,000Assessment: $617,400Year Built: 1987Size:  3,427 finished sq. ft., 975 unfinishedLand: 5.22 acresCurb Appeal: 8 out of 10"...
Country indeed: Renovated vernacular invites light, exudes character
Published on May 26th, 2012
2 comments Address: 6173 Blackwells Hollow RoadNeighborhood: Blackwells Hollow, northwestern AlbemarleAsking: $299,000Assessment: $302,000Year Built: 1936Size:  2,656 finished sq. ft.Land: 2.0 acresCurb...
Halsey's houses: Fox Ridge offered as plantation deteriorates
Published on May 22nd, 2012
8 comments The long unwinding of assets owned by internet millionaire Halsey Minor now includes his hometown property: Fox Ridge Farm, a 205-acre equestrian estate near Free Union. Quietly placed on the market...
A brick house: This lady's stacked... with elegance and comfort
Published on May 12th, 2012
0 comments Address: 2985 Earlysville RoadNeighborhood: Earlysville in Western AlbemarleAsking: $625,000Assessment: $720,100Year Built: 1948Size: 3,662 finished sq. ft.Land: 5.0 acresCurb Appeal: 8 out of...
Vacancies down: But can renters absorb enough empties?
Published on Apr 30th, 2012
8 comments The number of vacant houses has fallen by more than a third. Could this be the recovery sign that blogging realtor Jim Duncan hopes it is? On April 20, Duncan posted an entry on realcentralva.com...
Labor of love: Covesville Victorian renovated by neighbor
Published on Apr 14th, 2012
0 comments Address: 5502 Monacan Trail RoadNeighborhood: Covesville in southern AlbemarleAsking: $275,000Assessment: $140,600Year Built: 1870Size:  2,816 finished sq. ft., 0 unfinishedLand: .58 acresCurb...
Lair on Locust: Views and light behind imposing wall
Published on Apr 7th, 2012
6 comments More: On the block columns Address: 801 Locust Avenue, CharlottesvilleNeighborhood: Locust GroveAsking: $780,000    Assessment: $745,300    Year built: 1925...
Short 18th: Woolen Mills bungalow long on potential
Published on Mar 31st, 2012
5 comments Address: 1406 Short 18th StreetNeighborhood: Woolen MillsAsking: $215,000Assessment: $145,800Year Built: 1940Size:  916 finished sq. ft., 814 unfinishedLand: .17 acresCurb Appeal: 7 out of...
Standing tall: Belmont townhouse offers light and more
Published on Mar 24th, 2012
14 comments Address: 213 Spruce Street, Charlottesville           Neighborhood: Carlton/BelmontAsking: $374,900Assessment: $289,200Year Built: 2007Size: 1,...
Rental option: When buyers and sellers change course
Published on Mar 17th, 2012
4 comments A recent article on BusinessInsider.com lists several reasons why renting may be a more attractive option than owning in today’s market. Renters don’t have to come up with a 20% down payment, and...
Garth shade: Glass, nautical theme, cottage enliven 9 acres
Published on Mar 8th, 2012
1 comments Address: 2004 and 1975 Walnutside Place           Neighborhood: Garth Road area of AlbemarleAsking: $1,049,000Assessment: $1,011,600Year Built:...
Crunching numbers: City omits short sales, foreclosures in averages
Published on Mar 2nd, 2012
59 comments In a recent press release, the City of Charlottesville reported that 2012 assessments are down 1.22 percent overall, with existing residential properties declining an average of 3.08 percent. So how...