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428 Monroe Ln

Charlottesville, VA 22903

2 bd 3 ba 1,293 sqft Built 2007 condos
Most recent sale
$615,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $615,000 MLS #624498
Feb 8, 2022 Price changed $739,000 MLS #624498
Dec 20, 2021 Price changed $795,000 MLS #624498
Dec 1, 2021 Listed $849,000 MLS #624498
Feb 13, 2017 Sold $425,000 MLS #534838
Sep 1, 2016 Price changed $445,000 MLS #534838
Oct 5, 2015 Price changed $495,000 MLS #534838
Jul 9, 2015 Listed $515,000 MLS #534838
Jul 1, 2015 Listing removed $549,000 Charlottesville
Mar 10, 2015 Listing removed $549,000 Charlottesville
Mar 9, 2015 Listed $549,000 MLS #529121
Jan 4, 2015 Listed $549,000 MLS #527447
Jan 1, 2015 Listing removed $569,000 Charlottesville
Jun 29, 2014 Listing removed $569,000 Charlottesville
Jun 29, 2014 Listed $569,000 MLS #522811
Jun 17, 2014 Listed $569,000 MLS #506894
Sep 30, 2008 Sold $579,500 MLS #449626
Feb 17, 2008 Listed $579,500 MLS #449626
Jan 1, 2008 Sold $579,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $567,800 $84,500 $652,300 $6,475
2025 $567,800 $84,500 $652,300 $5,998
2024 $525,700 $84,500 $610,200 $5,884
2023 $510,100 $78,000 $588,100 $5,663
2022 $456,000 $67,600 $523,600 $52
2021 $378,100 $60,000 $438,100 $4,180
2020 $378,100 $60,000 $438,100 $4,180
2019 $378,100 $60,000 $438,100 $4,180
2018 $403,800 $42,000 $445,800 $4,253
2017 $403,800 $40,000 $443,800 $4,234
2016 $518,500 $40,000 $558,500 $5,324
2015 $518,500 $40,000 $558,500 $5,324
2014 $518,500 $40,000 $558,500 $5,324
2013 $480,100 $32,000 $512,100 $4,865
2012 $476,200 $32,000 $508,200 $4,828
2011 $532,900 $11,700 $544,600 $5,174
2010 $532,900 $11,700 $544,600 $5,174
2009 $532,900 $11,700 $544,600 $5,174

Property facts

Year built
2007
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,293 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
$1,940
Gross rental yield
3.79%
Implied cap rate
2.46%
Trend-extrapolated value

Frequently asked questions

When did 428 Monroe Ln last sell?
428 Monroe Ln most recently sold on Apr 19, 2022 for $615,000.
What is the current tax assessment for 428 Monroe Ln?
The most recent total assessment for 428 Monroe Ln (year 2026) is $652,300 with $6,475 in property tax.
How does 428 Monroe Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $615,000.
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 2 bed, 3 bath, 1,293 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?
No — 428 Monroe Ln 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
-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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