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500 Crestwood Dr

Charlottesville, VA 22903

2 bd 2 ba 2,513 sqft Built 1991 condos
Most recent sale
$791,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $791,000 MLS #629662
Apr 29, 2022 Listed $849,500 MLS #629662
Sep 4, 2020 Sold $785,000 MLS #605473
May 31, 1991 Sold $485,885 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $831,200 $130,000 $961,200 $8,214
2024 $800,800 $118,000 $918,800 $7,535
2023 $666,800 $92,000 $758,800 $6,480
2022 $689,100 $90,000 $779,100 $6,653
2021 $621,700 $77,500 $699,200 $5,971
2020 $518,600 $85,000 $603,600 $5,155
2019 $430,300 $85,000 $515,300 $4,401
2018 $513,100 $85,000 $598,100 $5,018
2017 $473,600 $85,000 $558,600 $4,687
2016 $530,000 $85,000 $615,000 $5,160
2015 $386,200 $65,000 $451,200 $3,695
2014 $386,200 $65,000 $451,200 $3,605
2013 $391,000 $65,000 $456,000 $3,493
2012 $395,700 $65,000 $460,700 $3,511
2011 $400,500 $65,000 $465,500 $3,454
2010 $427,800 $65,000 $492,800 $3,657

Property facts

Year built
1991
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
2,513 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
$3,770
Gross rental yield
5.72%
Implied cap rate
3.72%
Trend-extrapolated value

Frequently asked questions

When did 500 Crestwood Dr last sell?
500 Crestwood Dr most recently sold on Jun 30, 2022 for $791,000.
What is the current tax assessment for 500 Crestwood Dr?
The most recent total assessment for 500 Crestwood Dr (year 2025) is $961,200 with $8,214 in property tax.
How does 500 Crestwood Dr's assessment compare to its last sale price?
The current assessment is 21.5% above the last sale price of $791,000.
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, 2,513 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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