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512 Cleveland Ave

Charlottesville, VA 22903

2 bd 1 ba 1,110 sqft Built 1953 Lot 13,068 sqft single_family
Most recent sale
$315,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $315,000 MLS #629958
May 5, 2022 Listed $315,000 MLS #629958
Mar 6, 2017 Sold $152,500 MLS #556905
Feb 9, 2017 Listed $160,000 MLS #556905
Sep 26, 1990 Sold $51,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $190,400 $176,200 $366,600 $3,672
2025 $190,400 $176,200 $366,600 $3,444
2024 $173,700 $173,400 $347,100 $2,996
2023 $192,900 $98,300 $291,200 $2,838
2022 $126,000 $93,600 $219,600 $2,151
2021 $114,500 $85,100 $199,600 $1,939
2020 $114,500 $77,400 $191,900 $1,866
2019 $112,300 $61,100 $173,400 $1,691
2018 $102,100 $53,100 $155,200 $1,518
2017 $97,200 $48,300 $145,500 $1,425
2016 $97,200 $48,300 $145,500 $1,425
2015 $97,200 $48,300 $145,500 $1,425
2014 $90,800 $46,000 $136,800 $1,343
2013 $90,800 $46,000 $136,800 $1,092
2012 $90,800 $46,000 $136,800 $988
2011 $121,000 $35,400 $156,400 $1,010
2010 $121,000 $35,400 $156,400 $1,129
2009 $120,100 $34,800 $154,900 $1,118

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,110 sqft
Lot size
13,068 sqft
ZIP code
22903
City
Charlottesville
Street
Cleveland Ave
Coordinates
38.01670, -78.49901

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,665
Gross rental yield
6.34%
Implied cap rate
4.12%
Trend-extrapolated value

Frequently asked questions

When did 512 Cleveland Ave last sell?
512 Cleveland Ave most recently sold on Jul 1, 2022 for $315,000.
What is the current tax assessment for 512 Cleveland Ave?
The most recent total assessment for 512 Cleveland Ave (year 2026) is $366,600 with $3,672 in property tax.
How does 512 Cleveland Ave's assessment compare to its last sale price?
The current assessment is 16.4% above the last sale price of $315,000.
When was 512 Cleveland Ave built?
512 Cleveland Ave was built in 1953.
How does 512 Cleveland Ave compare to others on Cleveland Ave?
We track 8 other properties on Cleveland Ave. Browse the list under "Other properties on Cleveland Ave" to compare beds, baths, and sale history.
What are the property facts for 512 Cleveland Ave?
512 Cleveland Ave is a 2 bed, 1 bath, 1,110 sqft, 13,068 sqft lot single_family.
Is 512 Cleveland Ave a flip candidate?
No — 512 Cleveland Ave does not appear in our flips dataset.
Is 512 Cleveland Ave a tax-appeal candidate?
Yes — 512 Cleveland Ave 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
-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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