303 Alderman Rd Charlottesville, VA ^$ 1,000,000

303 Alderman Rd

^$ 1,000,000

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303 Alderman Rd

Charlottesville, VA, 22903

^$ 1,000,000

Bedrooms3 Baths1.1 Sq 1,899

Monthly Estimate*

^$ 6,985

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Single Family Home for sale in Charlottesville, VA

for $1,000,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,899 square foot home was built in 1950 on a lot size of 0.31.

Discover a unique opportunity in the heart of Lewis Mountain, an area celebrated for its serene charm and its proximity to the University of Virginia. Recently transitioned from R-1 to R-B zoning, this change simplifies development by setting a fixed density. Developers are allowed a baseline of 6 units, which increases to 8 if the existing home is retained and can expand to 12 units for projects including affordable housing. The city permits the construction of townhomes or condos within designated setbacks and allows for the subdivision into individual lots for sale. This property not only offers flexibility in development but also connects investors to the vibrant university community, enhancing its appeal for both residential and academic-oriented projects.

Single Family Pending

Price

^$ 1,000,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 6,377

Style

Lot Size

0.31

Year Built

1950

Town/City

Charlottesville

County/Region

Charlottesville City

MLS | Web ID

649896

Features

General

Interior Features Entry Level Bedroom

Sewer Public Sewer

Heating Central

Cooling Central A/C

Zoning R-6

Architectural Style Other

Year Built 1950

Levels 1

Tax Year 2023

Percent Ownership Other

Accessibility None

HOA Fee 2 0.00

County CHARLOTTESVILLE CITY

New Construction N

Property Type Residential

HOA / Comm Assn N

Subdivision Name NONE AVAILABLE

Garage Y/N Y

Other Structures Above Grade Below Grade

Status PENDING

Directions Starting on Jefferson Park Ave continue straight to stay on Jefferson Park Ave turn onto Alderman Rd follow Alderman Rd to find 303 Alderman Rd on your left.

City CHARLOTTESVILLE

Buyer Agent Compensation 2.5

Disclosures Prop Disclosure

Zoning Description Residential

Street Name ALDERMAN RD

Tax Annual Amount 6377.28

Structure Type Detached

Condo/Coop Association Y/N N

Bathrooms Full Main Level 2

Bathrooms Count Main Level 2.00

Price Per Sq Ft 526.59

Construction Completed Y/N N

Vacation Rental Y/N N

Days on Market 17

Building Area Units Square Feet

Standard Status Pending

Year Built Source Estimated

Buyer Agent Compensation Type % Of Base

Exterior

Water Source Public

Inclusions Stove top oven washer dryer refrigerator

Type of Parking Attached Garage

Foundation Details Block

Water View Y/N N

Building Area Total 1899.00

Lot Size Acres 0.31

Water Oriented Y/N N

Interior

Basement (Y/N) N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1899

Full Baths 1

Half Baths 1

Central Air Y/N Y

Total Bedrooms 3

Below Grade Finished Area 0

Room Type Living Room Dining Room Kitchen Bonus Room Full Bath Half Bath Additional Bedroom

Main Level Bedrooms 3

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Assessor

Above Grade Finished Area Unit Type Square Feet

Total Baths 2

Living Area Units Square Feet

Internal Only

Street Number 1 303

* Excluded Features

List By

Long & Foster - Charlottesville

Broker

luke.cole@longandfoster.com

Affordability Calculator

$7,517

Per Month

Monthly Principal & Interest: $6,985
Monthly Property Taxes: $531
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Charlottesville, VA

Average List Price ^$834,080

Percent of Sale Price 17%

About Charlottesville, VA

48,796 Population

8% Since 2002

^$55,740 Median Income

31.57 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4067357 Elementary School

4067373 Middle School

Charlottesville High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2024	$1,000,000		Listed Price

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303 Alderman Rd, Charlottesville, VA, 22903 is a Single Family Home for sale at $1,000,000 with 1,899 sqft and a lot size of 0.31. 303 Alderman Rd has 3 bedrooms, 1.1 baths, and was built in 1950. The property's zip code is 22903 which is in Charlottesville, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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303 Alderman Rd

Single Family Home for sale in Charlottesville, VA

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