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114 Commonwealth Cir

Charlottesville, VA 22901

3 bd 3 ba 2,050 sqft Built 1972 Lot 16,117 sqft single_family
Most recent sale
$346,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $346,000 MLS #633659
Aug 16, 2022 Listed $325,000 MLS #633659
Jan 30, 2002 Sold $138,000 MLS #336021
Dec 6, 2001 Listed $138,000 MLS #336021

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $222,000 $150,000 $372,000 $3,325
2024 $222,000 $150,000 $372,000 $2,795
2023 $181,100 $127,000 $308,100 $2,631
2022 $160,400 $112,500 $272,900 $2,330
2021 $145,900 $105,000 $250,900 $2,143
2020 $136,500 $90,000 $226,500 $1,934
2019 $131,300 $90,000 $221,300 $1,890
2018 $113,700 $82,500 $196,200 $1,646
2017 $120,400 $82,500 $202,900 $1,702
2016 $105,200 $82,500 $187,700 $1,575
2015 $101,700 $82,500 $184,200 $1,509
2014 $83,600 $82,500 $166,100 $1,327
2013 $99,200 $82,500 $181,700 $1,392
2012 $104,900 $90,000 $194,900 $1,485
2011 $106,400 $90,000 $196,400 $1,457
2010 $107,900 $90,000 $197,900 $1,468

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,050 sqft
Lot size
16,117 sqft
ZIP code
22901
City
Charlottesville
Street
Commonwealth Cir
Coordinates
38.07439, -78.48211

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
$3,075
Gross rental yield
10.66%
Implied cap rate
6.93%
Trend-extrapolated value

Frequently asked questions

When did 114 Commonwealth Cir last sell?
114 Commonwealth Cir most recently sold on Sep 29, 2022 for $346,000.
What is the current tax assessment for 114 Commonwealth Cir?
The most recent total assessment for 114 Commonwealth Cir (year 2025) is $372,000 with $3,325 in property tax.
How does 114 Commonwealth Cir's assessment compare to its last sale price?
The current assessment is 7.5% above the last sale price of $346,000.
When was 114 Commonwealth Cir built?
114 Commonwealth Cir was built in 1972.
How does 114 Commonwealth Cir compare to others on Commonwealth Cir?
We track 5 other properties on Commonwealth Cir. Browse the list under "Other properties on Commonwealth Cir" to compare beds, baths, and sale history.
What are the property facts for 114 Commonwealth Cir?
114 Commonwealth Cir is a 3 bed, 3 bath, 2,050 sqft, 16,117 sqft lot single_family.
Is 114 Commonwealth Cir a flip candidate?
No — 114 Commonwealth Cir does not appear in our flips dataset.
Is 114 Commonwealth Cir a tax-appeal candidate?
No — 114 Commonwealth Cir 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
-7.6%
Implied 1-yr
-30.4%
2026 Q3
$430.4K
2026 Q4
$365.9K
ZIP 22901 — Median Price History + Forecast

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