501 Hanover St
Charlottesville, VA 22903
3 bd 3 ba 1,740 sqft Built 1921 Lot 9,148 sqft single_family
Most recent sale
$495,000
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 8, 2022 | Sold | $495,000 | MLS #628095 |
| Mar 31, 2022 | Listed | $495,000 | MLS #628095 |
| Oct 17, 2017 | Sold | $315,000 | MLS #523488 |
| Oct 2, 2014 | Sold | $315,000 | Public Record |
| Sep 20, 2014 | Relisted | $339,900 | MLS #523488 |
| Aug 6, 2014 | Listing removed | $339,900 | Charlottesville |
| Jul 17, 2014 | Listed | $339,900 | MLS #523488 |
| Jan 1, 2014 | Sold | $315,000 | Public Record |
| Aug 29, 2007 | Sold | $360,000 | Public Record |
| Oct 21, 2005 | Sold | $250,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $366,200 | $156,000 | $522,200 | $5,227 |
| 2025 | $366,200 | $156,000 | $522,200 | $5,017 |
| 2024 | $353,100 | $156,000 | $509,100 | $4,839 |
| 2023 | $344,900 | $126,500 | $471,400 | $4,583 |
| 2022 | $289,200 | $104,500 | $393,700 | $3,837 |
| 2021 | $275,300 | $114,400 | $389,700 | $3,760 |
| 2020 | $272,600 | $112,200 | $384,800 | $3,713 |
| 2019 | $267,300 | $110,000 | $377,300 | $3,642 |
| 2018 | $243,000 | $100,000 | $343,000 | $3,316 |
| 2017 | $243,000 | $100,000 | $343,000 | $3,316 |
| 2016 | $235,700 | $82,000 | $317,700 | $3,076 |
| 2015 | $235,700 | $82,000 | $317,700 | $3,076 |
| 2014 | $249,700 | $92,100 | $341,800 | $3,305 |
| 2013 | $249,700 | $92,100 | $341,800 | $3,247 |
| 2012 | $249,700 | $98,000 | $347,700 | $3,303 |
| 2011 | $269,400 | $98,000 | $367,400 | $3,490 |
| 2010 | $256,600 | $98,000 | $354,600 | $3,369 |
| 2009 | $153,600 | $309,500 | $463,100 | $4,399 |
Property facts
Year built
1921
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,740 sqft
Lot size
9,148 sqft
ZIP code
22903
City
Charlottesville
Street
Hanover St
Coordinates
38.02710, -78.50132
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,610
Gross rental yield
6.33%
Implied cap rate
4.11%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Hanover St last sell?
501 Hanover St most recently sold on Jun 8, 2022 for $495,000.
What is the current tax assessment for 501 Hanover St?
The most recent total assessment for 501 Hanover St (year 2026) is $522,200 with $5,227 in property tax.
How does 501 Hanover St's assessment compare to its last sale price?
The current assessment is 5.5% above the last sale price of $495,000.
When was 501 Hanover St built?
501 Hanover St was built in 1921.
How does 501 Hanover St compare to others on Hanover St?
We track 4 other properties on Hanover St. Browse the list under "Other properties on Hanover St" to compare beds, baths, and sale history.
What are the property facts for 501 Hanover St?
501 Hanover St is a 3 bed, 3 bath, 1,740 sqft, 9,148 sqft lot single_family.
Is 501 Hanover St a flip candidate?
No — 501 Hanover St does not appear in our flips dataset.
Is 501 Hanover St a tax-appeal candidate?
No — 501 Hanover St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.6%
2026 Q3
$858.3K
2026 Q4
$842.5K
ZIP 22903 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Hanover St