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2045 Commonwealth Dr

Charlottesville, VA 22901

2 bd 2 ba 1,248 sqft Built 1980 Lot 6,970 sqft townhomes
Most recent sale
$274,500
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 29, 2025 Sold $319,000 Charlottesville
Sep 19, 2025 Listed $319,900 Charlottesville
Jul 28, 2022 Sold $274,500 Public Record
Jun 8, 2022 Listed $269,900 MLS #630973
Apr 26, 2019 Listed for rent $1,495 AppfolioUnits
Sep 15, 2017 Sold $162,000 MLS #565104
Jul 28, 2017 Listed $165,000 MLS #565104
Jun 10, 1997 Sold $61,500 MLS #124075
Feb 17, 1997 Listed $64,000 MLS #124075

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $209,100 $100,000 $309,100 $2,763
2025 $209,100 $100,000 $309,100 $2,675
2024 $215,800 $83,500 $299,300 $2,317
2023 $165,800 $72,500 $238,300 $2,035
2022 $158,600 $72,500 $231,100 $1,973
2021 $136,600 $72,500 $209,100 $1,786
2020 $123,600 $72,500 $196,100 $1,675
2019 $115,600 $75,000 $190,600 $1,628
2018 $85,000 $70,000 $155,000 $1,300
2017 $84,200 $50,000 $134,200 $1,126
2016 $76,500 $50,000 $126,500 $1,061
2015 $80,600 $50,000 $130,600 $1,070
2014 $79,600 $50,000 $129,600 $1,036
2013 $80,600 $50,000 $130,600 $1,000
2012 $81,600 $50,000 $131,600 $1,003
2011 $82,700 $55,000 $137,700 $1,022
2010 $82,100 $55,000 $137,100 $1,017

Property facts

Year built
1980
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,248 sqft
Lot size
6,970 sqft
ZIP code
22901
City
Charlottesville
Street
Commonwealth Dr
Coordinates
38.06783, -78.49455

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
$1,872
Gross rental yield
8.18%
Implied cap rate
5.32%
Trend-extrapolated value

Frequently asked questions

When did 2045 Commonwealth Dr last sell?
2045 Commonwealth Dr most recently sold on Jul 28, 2022 for $274,500.
What is the current tax assessment for 2045 Commonwealth Dr?
The most recent total assessment for 2045 Commonwealth Dr (year 2026) is $309,100 with $2,763 in property tax.
How does 2045 Commonwealth Dr's assessment compare to its last sale price?
The current assessment is 12.6% above the last sale price of $274,500.
When was 2045 Commonwealth Dr built?
2045 Commonwealth Dr was built in 1980.
How does 2045 Commonwealth Dr compare to others on Commonwealth Dr?
We track 8 other properties on Commonwealth Dr. Browse the list under "Other properties on Commonwealth Dr" to compare beds, baths, and sale history.
What are the property facts for 2045 Commonwealth Dr?
2045 Commonwealth Dr is a 2 bed, 2 bath, 1,248 sqft, 6,970 sqft lot townhomes.
Is 2045 Commonwealth Dr a flip candidate?
No — 2045 Commonwealth Dr does not appear in our flips dataset.
Is 2045 Commonwealth Dr a tax-appeal candidate?
No — 2045 Commonwealth 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
-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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