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228 Colony Dr

Charlottesville, VA 22903

3 bd 3 ba 1,708 sqft Built 2011 Lot 1,307 sqft townhomes
Most recent sale
$321,500
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 7, 2022 Sold $319,000 Charlottesville
Oct 17, 2022 Price changed $329,000 MLS #635400
Oct 10, 2022 Price changed $337,000 MLS #635400
Oct 5, 2022 Listed $349,900 MLS #635400
Dec 2, 2021 Sold $321,500 MLS #623671
Oct 29, 2021 Listed $300,000 MLS #623671
Jun 17, 2011 Sold $181,463 MLS #488703
May 13, 2011 Listed $191,190 MLS #488703

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $248,400 $112,000 $360,400 $3,003
2024 $259,000 $77,000 $336,000 $2,752
2023 $241,700 $72,500 $314,200 $2,683
2022 $224,800 $70,000 $294,800 $2,517
2021 $184,300 $62,500 $246,800 $2,108
2020 $182,200 $65,000 $247,200 $2,111
2019 $162,000 $65,000 $227,000 $1,938
2018 $158,700 $65,000 $223,700 $1,876
2017 $150,000 $45,000 $195,000 $1,636
2016 $144,400 $45,000 $189,400 $1,589
2015 $142,000 $45,000 $187,000 $1,531
2014 $142,000 $45,000 $187,000 $1,494
2013 $142,000 $45,000 $187,000 $1,432
2012 $142,000 $45,000 $187,000 $1,424
2011 $45,000 $45,000 $333

Property facts

Year built
2011
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,708 sqft
Lot size
1,307 sqft
ZIP code
22903
City
Charlottesville
Street
Colony Dr
Coordinates
38.05277, -78.68279

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
$2,562
Gross rental yield
9.56%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 228 Colony Dr last sell?
228 Colony Dr most recently sold on Dec 2, 2021 for $321,500.
What is the current tax assessment for 228 Colony Dr?
The most recent total assessment for 228 Colony Dr (year 2025) is $360,400 with $3,003 in property tax.
How does 228 Colony Dr's assessment compare to its last sale price?
The current assessment is 12.1% above the last sale price of $321,500.
When was 228 Colony Dr built?
228 Colony Dr was built in 2011.
How does 228 Colony Dr compare to others on Colony Dr?
We track 4 other properties on Colony Dr. Browse the list under "Other properties on Colony Dr" to compare beds, baths, and sale history.
What are the property facts for 228 Colony Dr?
228 Colony Dr is a 3 bed, 3 bath, 1,708 sqft, 1,307 sqft lot townhomes.
Is 228 Colony Dr a flip candidate?
No — 228 Colony Dr does not appear in our flips dataset.
Is 228 Colony Dr a tax-appeal candidate?
No — 228 Colony Dr 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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