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722 Empire St

Charlottesville, VA 22901

3 bd 3 ba 1,905 sqft Built 2022 Lot 6,534 sqft townhomes
Most recent sale
$461,300
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 29, 2025 Sold $480,000 Charlottesville
May 5, 2025 Price changed $490,000 Charlottesville
Apr 24, 2025 Listed $500,000 Charlottesville
Sep 29, 2022 Sold $461,300 Public Record
Sep 28, 2022 Sold $461,300 MLS #629663
Jun 14, 2022 Sold $345,000 Public Record
Apr 28, 2022 Listed $459,280 MLS #629663

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $352,300 $126,500 $478,800 $4,042
2024 $325,700 $126,500 $452,200 $3,878
2023 $335,100 $126,500 $461,600 $3,942
2022 $82,500 $82,500 $704

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,905 sqft
Lot size
6,534 sqft
ZIP code
22901
City
Charlottesville
Street
Empire St
Coordinates
38.09458, -78.47251

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
$2,858
Gross rental yield
7.43%
Implied cap rate
4.83%
Trend-extrapolated value

Frequently asked questions

When did 722 Empire St last sell?
722 Empire St most recently sold on Sep 28, 2022 for $461,300.
What is the current tax assessment for 722 Empire St?
The most recent total assessment for 722 Empire St (year 2025) is $478,800 with $4,042 in property tax.
How does 722 Empire St's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $461,300.
When was 722 Empire St built?
722 Empire St was built in 2022.
How does 722 Empire St compare to others on Empire St?
We track 8 other properties on Empire St. Browse the list under "Other properties on Empire St" to compare beds, baths, and sale history.
What are the property facts for 722 Empire St?
722 Empire St is a 3 bed, 3 bath, 1,905 sqft, 6,534 sqft lot townhomes.
Is 722 Empire St a flip candidate?
Yes — 722 Empire St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 722 Empire St a tax-appeal candidate?
No — 722 Empire St 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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