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500 Crestwood Dr

Charlottesville, VA 22903

2 bd 2 ba 1,230 sqft Built 1991 condos
Most recent sale
$479,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $479,000 MLS #627172
Mar 3, 2022 Listed $479,000 MLS #627172
Aug 5, 2003 Sold $260,000 MLS #347920
May 19, 2003 Listed $289,000 MLS #347920

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $451,400 $118,000 $569,400 $5,090
2024 $451,400 $118,000 $569,400 $4,772
2023 $384,600 $92,000 $476,600 $4,070
2022 $364,500 $90,000 $454,500 $3,881
2021 $338,700 $77,500 $416,200 $3,554
2020 $299,400 $85,000 $384,400 $3,282
2019 $248,600 $85,000 $333,600 $2,848
2018 $296,600 $85,000 $381,600 $3,201
2017 $273,800 $85,000 $358,800 $3,010
2016 $280,700 $85,000 $365,700 $3,068
2015 $203,700 $65,000 $268,700 $2,200
2014 $203,700 $65,000 $268,700 $2,146
2013 $206,200 $65,000 $271,200 $2,077
2012 $208,700 $65,000 $273,700 $2,085
2011 $211,200 $65,000 $276,200 $2,049
2010 $225,600 $65,000 $290,600 $2,156

Property facts

Year built
1991
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,230 sqft
Lot size
ZIP code
22903
City
Charlottesville
Street
Crestwood Dr
Coordinates
38.04943, -78.51671

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
$1,845
Gross rental yield
4.62%
Implied cap rate
3.00%
Trend-extrapolated value

Frequently asked questions

When did 500 Crestwood Dr last sell?
500 Crestwood Dr most recently sold on May 17, 2022 for $479,000.
What is the current tax assessment for 500 Crestwood Dr?
The most recent total assessment for 500 Crestwood Dr (year 2025) is $569,400 with $5,090 in property tax.
How does 500 Crestwood Dr's assessment compare to its last sale price?
The current assessment is 18.9% above the last sale price of $479,000.
When was 500 Crestwood Dr built?
500 Crestwood Dr was built in 1991.
How does 500 Crestwood Dr compare to others on Crestwood Dr?
We track 8 other properties on Crestwood Dr. Browse the list under "Other properties on Crestwood Dr" to compare beds, baths, and sale history.
What are the property facts for 500 Crestwood Dr?
500 Crestwood Dr is a 2 bed, 2 bath, 1,230 sqft condos.
Is 500 Crestwood Dr a flip candidate?
No — 500 Crestwood Dr does not appear in our flips dataset.
Is 500 Crestwood Dr a tax-appeal candidate?
Yes — 500 Crestwood Dr 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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