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311 2nd St

Charlottesville, VA 22902

3 bd 3 ba 2,670 sqft Built 1981 condos
Most recent sale
$632,500
Feb 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 2, 2022 Sold $632,500 MLS #624237
Nov 16, 2021 Listed $650,000 MLS #624237
Jun 27, 2002 Sold $400,000 Public Record
Jan 4, 1995 Sold $250,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $667,200 $97,500 $764,700 $7,623
2025 $667,200 $97,500 $764,700 $7,507
2024 $667,200 $93,500 $760,700 $6,948
2023 $544,100 $88,000 $632,100 $6,120
2022 $506,900 $80,000 $586,900 $5,686
2021 $487,300 $80,000 $567,300 $5,441
2020 $584,300 $63,600 $647,900 $6,207
2019 $584,300 $63,600 $647,900 $6,207
2018 $584,300 $63,600 $647,900 $6,207
2017 $584,300 $57,800 $642,100 $6,152
2016 $563,600 $52,500 $616,100 $5,905
2015 $563,600 $52,500 $616,100 $5,905
2014 $563,600 $52,500 $616,100 $5,905
2013 $563,600 $52,500 $616,100 $5,852
2012 $563,600 $52,500 $616,100 $5,852
2011 $563,600 $52,500 $616,100 $5,852
2009 $512,400 $47,700 $560,100 $5,320

Property facts

Year built
1981
Property type
condos
Stories
3
Beds
3
Baths
3
Living area
2,670 sqft
Lot size
ZIP code
22902
City
Charlottesville
Street
2nd St
Coordinates
38.03320, -78.48197

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
$4,005
Gross rental yield
7.60%
Implied cap rate
4.94%
Trend-extrapolated value

Frequently asked questions

When did 311 2nd St last sell?
311 2nd St most recently sold on Feb 2, 2022 for $632,500.
What is the current tax assessment for 311 2nd St?
The most recent total assessment for 311 2nd St (year 2026) is $764,700 with $7,623 in property tax.
How does 311 2nd St's assessment compare to its last sale price?
The current assessment is 20.9% above the last sale price of $632,500.
When was 311 2nd St built?
311 2nd St was built in 1981.
How does 311 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 311 2nd St?
311 2nd St is a 3 bed, 3 bath, 2,670 sqft condos.
Is 311 2nd St a flip candidate?
No — 311 2nd St does not appear in our flips dataset.
Is 311 2nd St a tax-appeal candidate?
Yes — 311 2nd 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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