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605 Bailey Rd

Charlottesville, VA 22903

3 bd 2 ba 1,200 sqft Built 1979 Lot 7,841 sqft townhomes
Most recent sale
$170,000
Nov 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2024 Listed $289,950 Charlottesville
Nov 15, 2023 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $223,600 $62,500 $286,100 $2,875
2025 $223,600 $62,500 $286,100 $2,767
2024 $220,200 $60,000 $280,200 $1,916
2023 $132,000 $45,000 $177,000 $1,742
2022 $125,900 $40,000 $165,900 $1,635
2021 $102,100 $31,000 $133,100 $1,307
2020 $102,100 $31,000 $133,100 $1,307
2019 $95,800 $30,500 $126,300 $1,243
2018 $91,200 $30,500 $121,700 $1,199
2017 $91,200 $30,500 $121,700 $1,199
2016 $91,200 $27,700 $118,900 $1,172
2015 $91,200 $27,700 $118,900 $1,172
2014 $91,200 $27,700 $118,900 $1,172
2013 $91,200 $27,700 $118,900 $1,129
2012 $91,200 $27,700 $118,900 $1,129
2011 $91,200 $27,700 $118,900 $1,129
2009 $106,800 $39,500 $146,300 $1,389

Property facts

Year built
1979
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
7,841 sqft
ZIP code
22903
City
Charlottesville
Street
Bailey Rd
Coordinates
38.02118, -78.49539

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
$1,800
Gross rental yield
12.71%
Implied cap rate
8.26%
Trend-extrapolated value

Frequently asked questions

When did 605 Bailey Rd last sell?
605 Bailey Rd most recently sold on Nov 15, 2023 for $170,000.
What is the current tax assessment for 605 Bailey Rd?
The most recent total assessment for 605 Bailey Rd (year 2026) is $286,100 with $2,875 in property tax.
How does 605 Bailey Rd's assessment compare to its last sale price?
The current assessment is 68.3% above the last sale price of $170,000.
When was 605 Bailey Rd built?
605 Bailey Rd was built in 1979.
How does 605 Bailey Rd compare to others on Bailey Rd?
We track 7 other properties on Bailey Rd. Browse the list under "Other properties on Bailey Rd" to compare beds, baths, and sale history.
What are the property facts for 605 Bailey Rd?
605 Bailey Rd is a 3 bed, 2 bath, 1,200 sqft, 7,841 sqft lot townhomes.
Is 605 Bailey Rd a flip candidate?
No — 605 Bailey Rd does not appear in our flips dataset.
Is 605 Bailey Rd a tax-appeal candidate?
No — 605 Bailey Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.6%
2026 Q3
$858.3K
2026 Q4
$842.5K
ZIP 22903 — Median Price History + Forecast

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