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562 Millstone Ct

Charlottesville, VA 22901

2 bd 1 ba 1,080 sqft Built 1986 condos
Most recent sale
$220,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $220,000 MLS #632517
Jul 8, 2022 Listed $219,900 MLS #632517
Nov 18, 2016 Sold $117,500 MLS #552652
Sep 23, 2016 Listed $129,900 MLS #552652
Jul 8, 2016 Price changed $129,900 MLS #542026
Feb 8, 2016 Listed $139,900 MLS #542026

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $217,100 $59,400 $276,500 $2,471
2025 $217,100 $59,400 $276,500 $2,550
2024 $222,300 $63,000 $285,300 $2,326
2023 $165,100 $55,400 $220,500 $1,883
2022 $157,700 $52,700 $210,400 $1,796
2021 $126,300 $47,300 $173,600 $1,483
2020 $124,200 $42,800 $167,000 $1,426
2019 $111,500 $45,000 $156,500 $1,337
2018 $107,800 $49,500 $157,300 $1,320
2017 $143,700 $31,500 $175,200 $1,470
2016 $121,800 $31,500 $153,300 $1,286
2015 $117,600 $31,500 $149,100 $1,221
2014 $116,200 $31,500 $147,700 $1,180
2013 $117,600 $31,500 $149,100 $1,142
2012 $119,100 $31,500 $150,600 $1,148
2011 $120,700 $31,500 $152,200 $1,129
2010 $126,600 $40,500 $167,100 $1,240

Property facts

Year built
1986
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
1,080 sqft
Lot size
ZIP code
22901
City
Charlottesville
Street
Millstone Ct
Coordinates
38.06777, -78.47971

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
$1,620
Gross rental yield
8.84%
Implied cap rate
5.74%
Trend-extrapolated value

Frequently asked questions

When did 562 Millstone Ct last sell?
562 Millstone Ct most recently sold on Aug 22, 2022 for $220,000.
What is the current tax assessment for 562 Millstone Ct?
The most recent total assessment for 562 Millstone Ct (year 2026) is $276,500 with $2,471 in property tax.
How does 562 Millstone Ct's assessment compare to its last sale price?
The current assessment is 25.7% above the last sale price of $220,000.
When was 562 Millstone Ct built?
562 Millstone Ct was built in 1986.
How does 562 Millstone Ct compare to others on Millstone Ct?
We track 8 other properties on Millstone Ct. Browse the list under "Other properties on Millstone Ct" to compare beds, baths, and sale history.
What are the property facts for 562 Millstone Ct?
562 Millstone Ct is a 2 bed, 1 bath, 1,080 sqft condos.
Is 562 Millstone Ct a flip candidate?
No — 562 Millstone Ct does not appear in our flips dataset.
Is 562 Millstone Ct a tax-appeal candidate?
No — 562 Millstone Ct 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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