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227 Douglas Ave, Charlottesville, VA 22902

$508,000

Last sold 02/27/2024 for $575K

2
bed
2
bath
1,422
Sqft ($404/Sqft)

House not for sale

About 227 Douglas Ave

Property type House

Neighborhood

Year built 1953

HOA fee $0/month

Lot size 4,356 Sqft

Movoto estimate

Rental estimate

Property description

location location location!This cute two story house is in downtown Belmont, just steps away from the fun an bustle of the restaurant zone, but tucked away around the corneron a charming residential street (Douglas ave.) It has a versatile NCC zoning which makes it attractive to investors as well as potential owner occupants. It is currently configured as two one-bedroom apartments, one upstairs and one down, both operated as short term rentals. Rental income figures available upon request. This could be converted into a single family house or could have a business downstairs and residence above or etc.. Off street parking area in rear of building is accessible from both Douglas Ave and Monticello Rd. Street parking in front on Douglas.

Listed by

Listing Agent - KEVIN O'BRIEN

Listing Office - RAY CADDELL & CO. REAL ESTATE

Source: CAAR MLS

MLS#647908 • last updated 1 year ago

Movoto checked CAAR MLS for data 2 minutes ago

Overview
Cooling/AC	Ductless
Heating	HeatPump, NaturalGas
Levels/Style	Two, 2
MLS #	647908
Status	Closed
SubType	Detached
Living Area	1422
Lot Size (Acres)	0.1
Property Tax	4096
Year Built	1953

Interior
Total # of Bathrooms	2
# of Full Baths	2
Total # of Bedrooms	2
Interior Features	Primary Downstairs

Exterior
Foundation	Block
Construction	Stick Built

Amenities / Utilities
Water Source	Public

Location
Subdivision	BELMONT
Elementary School	Summit
High School	Charlottesville
APN	580348100
Zoning	NCC Neighborhood Commercial Corridor Mixed Use
Directions	Next To Belle In Downtown Belmont. Fronts On Douglas, Parking Is Rear Access From Alley/parking By Belle

$508K

Range: $406K-$609K

Last 30 days

Rental est.: $1,902/month

• Gross rent multiplier: 25.2

Lower your payment with the loan terms that fit you.

Mar 2024
MLS # 647908
Mar 15, 2024 Sold
$575,000
Mar 15, 2024 Sold
$575,000 (+0.9%)
Dec 12, 2023 Pending
—
Dec 12, 2023 Pending
—
Dec 4, 2023 Listed
$570,000
Nov 30, 2023 Listed
$570,000
Nov 30, 2023 Listed
$570,000

Year Property taxes Tax assessment
2025
$4,511 +2.2%

$454,400 +2.25%
2024
$4,413 +38.4%

$444,400 +4.15%
2022
$3,189 +1.6%

$426,700 +30.81%
2021
$3,138 +0.9%

$326,200 +0.62%
2020
$3,108

$324,200

227 Douglas Ave
$575K
Belmont
$467K +12% y/y
22902
$475K -3% y/y
Charlottesville
$525K -22% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
228 Douglas Ave, Charlottesville, VA 22902	$464,000	2/1	880	0.02
223 Douglas Ave, Charlottesville, VA 22902	$844,000	6/2	2,391	0.02
226 Douglas Ave, Charlottesville, VA 22902	$932,000	4/2	2,342	0.03
222 Douglas Ave, Charlottesville, VA 22902	$637,000	3/2	2,168	0.04
220 Douglas Ave, Charlottesville, VA 22902	$1,131,000	3/2	1,578	0.04
146 Goodman St, Charlottesville, VA 22902	$671,000	3/1	1,333	0.05
808 Hinton Ave, Charlottesville, VA 22902	$569,000	3/1	1,385	0.05
140 Goodman St, Charlottesville, VA 22902	$767,000	4/2	1,440	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.