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511 1st St

Charlottesville, VA 22902

2 bd 1 ba 835 sqft Built 1967 condos
Most recent sale
$265,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $265,000 MLS #631823
Jun 17, 2022 Listed $259,900 MLS #631823
Oct 17, 2017 Sold $192,300 MLS #472526
Mar 2, 2010 Sold $192,300 Public Record
Jan 9, 2010 Listed $194,500 MLS #472526
Jan 1, 2010 Sold $192,300 Public Record
May 22, 2001 Sold $41,250 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $270,600 $57,000 $327,600 $3,259
2025 $270,600 $57,000 $327,600 $3,158
2024 $270,600 $50,000 $320,600 $3,084
2023 $210,300 $45,000 $255,300 $2,467
2022 $160,000 $35,000 $195,000 $1,888
2021 $154,100 $35,000 $189,100 $1,813
2020 $143,600 $41,200 $184,800 $1,772
2019 $143,600 $41,200 $184,800 $1,772
2018 $143,600 $41,200 $184,800 $1,772
2017 $143,640 $37,440 $181,080 $1,737
2016 $128,300 $28,400 $156,700 $1,505
2015 $128,300 $28,400 $156,700 $1,505
2014 $122,200 $25,800 $148,000 $1,422
2013 $122,200 $25,800 $148,000 $1,406
2012 $143,800 $20,600 $164,400 $1,562
2011 $156,300 $20,600 $176,900 $1,681
2010 $164,500 $20,600 $185,100 $1,758
2009 $169,600 $21,200 $190,800 $1,813

Property facts

Year built
1967
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
835 sqft
Lot size
ZIP code
22902
City
Charlottesville
Street
1st St
Coordinates
38.03488, -78.48029

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,253
Gross rental yield
5.67%
Implied cap rate
3.69%
Trend-extrapolated value

Frequently asked questions

When did 511 1st St last sell?
511 1st St most recently sold on Jul 15, 2022 for $265,000.
What is the current tax assessment for 511 1st St?
The most recent total assessment for 511 1st St (year 2026) is $327,600 with $3,259 in property tax.
How does 511 1st St's assessment compare to its last sale price?
The current assessment is 23.6% above the last sale price of $265,000.
When was 511 1st St built?
511 1st St was built in 1967.
How does 511 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 511 1st St?
511 1st St is a 2 bed, 1 bath, 835 sqft condos.
Is 511 1st St a flip candidate?
No — 511 1st St does not appear in our flips dataset.
Is 511 1st St a tax-appeal candidate?
Yes — 511 1st St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.2%
2026 Q3
$517.9K
2026 Q4
$498.3K
ZIP 22902 — Median Price History + Forecast

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