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428 Monroe Ln

Charlottesville, VA 22903

1 bd 1 ba 700 sqft Built 2007 condos
Most recent sale
$335,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $335,000 MLS #628994
Apr 14, 2022 Listed $335,000 MLS #628994
Oct 1, 2018 Listed for rent $1,495 Charlottesville
Oct 17, 2017 Sold $269,000 MLS #546894
Sep 9, 2017 Listing removed $1,425 Charlottesville
Aug 7, 2017 Price changed for rent $1,425 Charlottesville
Jul 7, 2017 Listed for rent $1,450 Charlottesville
Jul 30, 2016 Listing removed $1,450 Charlottesville
Jul 5, 2016 Listed for rent $1,450 Charlottesville
Jun 10, 2016 Sold $269,000 Public Record
May 8, 2016 Listed $269,000 MLS #546894
May 15, 2012 Sold $257,000 MLS #494758
Feb 21, 2012 Price changed $269,900 MLS #494758
Jan 3, 2012 Listed $275,000 MLS #494758
Jan 1, 2012 Sold $257,000 Public Record
Sep 6, 2007 Sold $299,000 MLS #439433
Jan 1, 2007 Listed $299,000 MLS #439433

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $344,100 $61,800 $405,900 $4,036
2025 $344,100 $61,800 $405,900 $3,746
2024 $318,600 $61,800 $380,400 $3,661
2023 $307,500 $57,000 $364,500 $3,517
2022 $274,200 $49,400 $323,600 $3,124
2021 $222,300 $45,000 $267,300 $2,557
2020 $222,300 $45,000 $267,300 $2,557
2019 $222,300 $45,000 $267,300 $2,557
2018 $252,000 $32,900 $284,900 $2,724
2017 $252,000 $31,300 $283,300 $2,709
2016 $252,000 $31,300 $283,300 $2,709
2015 $252,000 $31,300 $283,300 $2,709
2014 $252,000 $31,300 $283,300 $2,709
2013 $233,300 $25,000 $258,300 $2,453
2012 $234,300 $25,000 $259,300 $2,463
2011 $277,400 $6,300 $283,700 $2,695
2010 $277,400 $6,300 $283,700 $2,695
2009 $277,400 $6,300 $283,700 $2,695

Property facts

Year built
2007
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
700 sqft
Lot size
ZIP code
22903
City
Charlottesville
Street
Monroe Ln
Coordinates
38.03128, -78.50266

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
$1,050
Gross rental yield
3.76%
Implied cap rate
2.44%
Trend-extrapolated value

Frequently asked questions

When did 428 Monroe Ln last sell?
428 Monroe Ln most recently sold on May 26, 2022 for $335,000.
What is the current tax assessment for 428 Monroe Ln?
The most recent total assessment for 428 Monroe Ln (year 2026) is $405,900 with $4,036 in property tax.
How does 428 Monroe Ln's assessment compare to its last sale price?
The current assessment is 21.2% above the last sale price of $335,000.
When was 428 Monroe Ln built?
428 Monroe Ln was built in 2007.
How does 428 Monroe Ln compare to others on Monroe Ln?
We track 8 other properties on Monroe Ln. Browse the list under "Other properties on Monroe Ln" to compare beds, baths, and sale history.
What are the property facts for 428 Monroe Ln?
428 Monroe Ln is a 1 bed, 1 bath, 700 sqft condos.
Is 428 Monroe Ln a flip candidate?
No — 428 Monroe Ln does not appear in our flips dataset.
Is 428 Monroe Ln a tax-appeal candidate?
Yes — 428 Monroe Ln 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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