516 Caroline Ave
Charlottesville, VA 22902
3 bd 2 ba 1,400 sqft Built 1950 Lot 8,712 sqft single_family
Most recent sale
$150,000
Mar 31, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 2, 2024 | Sold | $582,400 | Charlottesville |
| Mar 21, 2024 | Listed | $574,900 | Charlottesville |
| Apr 1, 2023 | Listing removed | — | Charlottesville |
| Mar 31, 2023 | Sold | $150,000 | Charlottesville |
| Jan 25, 2023 | Price changed | $179,500 | Charlottesville |
| Oct 27, 2022 | Listed | $199,000 | Charlottesville |
| Jan 31, 2022 | Sold | $120,000 | Public Record |
| Jan 25, 1989 | Sold | $52,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $308,000 | $155,000 | $463,000 | $4,641 |
| 2025 | $308,000 | $155,000 | $463,000 | $2,282 |
| 2024 | $305,000 | $155,000 | $460,000 | $1,380 |
| 2023 | — | $120,000 | $120,000 | $1,209 |
| 2022 | — | $110,000 | $110,000 | $1,113 |
| 2021 | $128,300 | $100,000 | $228,300 | $2,226 |
| 2020 | $132,900 | $90,000 | $222,900 | $2,175 |
| 2019 | $126,600 | $90,000 | $216,600 | $2,115 |
| 2018 | $126,600 | $83,700 | $210,300 | $2,055 |
| 2017 | $120,600 | $76,100 | $196,700 | $1,926 |
| 2016 | $114,000 | $76,100 | $190,100 | $1,863 |
| 2015 | $103,600 | $76,100 | $179,700 | $1,764 |
| 2014 | $103,600 | $76,100 | $179,700 | $1,764 |
| 2013 | $99,600 | $72,500 | $172,100 | $1,634 |
| 2012 | $99,600 | $72,500 | $172,100 | $1,634 |
| 2011 | $104,000 | $72,500 | $176,500 | $1,676 |
| 2009 | $115,500 | $60,400 | $175,900 | $1,671 |
Property facts
Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
8,712 sqft
ZIP code
22902
City
Charlottesville
Street
Caroline Ave
Coordinates
38.03058, -78.46296
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Caroline Ave last sell?
516 Caroline Ave most recently sold on Mar 31, 2023 for $150,000.
What is the current tax assessment for 516 Caroline Ave?
The most recent total assessment for 516 Caroline Ave (year 2026) is $463,000 with $4,641 in property tax.
How does 516 Caroline Ave's assessment compare to its last sale price?
The current assessment is 208.7% above the last sale price of $150,000.
When was 516 Caroline Ave built?
516 Caroline Ave was built in 1950.
How does 516 Caroline Ave compare to others on Caroline Ave?
We track 8 other properties on Caroline Ave. Browse the list under "Other properties on Caroline Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Caroline Ave?
516 Caroline Ave is a 3 bed, 2 bath, 1,400 sqft, 8,712 sqft lot single_family.
Is 516 Caroline Ave a flip candidate?
Yes — 516 Caroline Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Caroline Ave a tax-appeal candidate?
No — 516 Caroline Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.2%
2026 Q3
$517.9K
2026 Q4
$498.3K
ZIP 22902 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Caroline Ave