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1602 Monticello Ave

Charlottesville, VA 22902

2 bd 2 ba 829 sqft Built 1988 condos
Most recent sale
$200,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 28, 2025 Sold $245,000 Charlottesville
Apr 4, 2025 Listed $250,000 Charlottesville
Jun 21, 2022 Sold $200,000 MLS #630087
May 12, 2022 Listed $200,000 MLS #630087
May 1, 2020 Listed $165,000 MLS #603204
Aug 31, 2006 Sold $153,900 MLS #420245
Jan 4, 2006 Listed $149,900 MLS #420245

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $192,400 $45,000 $237,400 $2,372
2025 $192,400 $45,000 $237,400 $2,241
2024 $184,000 $42,500 $226,500 $2,148
2023 $167,200 $37,000 $204,200 $1,982
2022 $155,500 $35,200 $190,700 $1,852
2021 $147,400 $31,100 $178,500 $1,718
2020 $134,000 $28,300 $162,300 $1,564
2019 $123,100 $25,300 $148,400 $1,432
2018 $109,900 $23,000 $132,900 $1,284
2017 $102,700 $20,000 $122,700 $1,187
2016 $114,100 $18,200 $132,300 $1,279
2015 $114,100 $18,200 $132,300 $1,279
2014 $114,100 $18,200 $132,300 $1,279
2013 $114,100 $18,200 $132,300 $1,257
2012 $129,700 $18,200 $147,900 $1,405
2011 $129,700 $18,200 $147,900 $1,405
2010 $129,700 $18,200 $147,900 $1,405
2009 $147,400 $18,200 $165,600 $1,573

Property facts

Year built
1988
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
829 sqft
Lot size
ZIP code
22902
City
Charlottesville
Street
Monticello Ave
Coordinates
38.01596, -78.47596

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
$1,244
Gross rental yield
7.46%
Implied cap rate
4.85%
Trend-extrapolated value

Frequently asked questions

When did 1602 Monticello Ave last sell?
1602 Monticello Ave most recently sold on Jun 21, 2022 for $200,000.
What is the current tax assessment for 1602 Monticello Ave?
The most recent total assessment for 1602 Monticello Ave (year 2026) is $237,400 with $2,372 in property tax.
How does 1602 Monticello Ave's assessment compare to its last sale price?
The current assessment is 18.7% above the last sale price of $200,000.
When was 1602 Monticello Ave built?
1602 Monticello Ave was built in 1988.
How does 1602 Monticello Ave compare to others on Monticello Ave?
We track 8 other properties on Monticello Ave. Browse the list under "Other properties on Monticello Ave" to compare beds, baths, and sale history.
What are the property facts for 1602 Monticello Ave?
1602 Monticello Ave is a 2 bed, 2 bath, 829 sqft condos.
Is 1602 Monticello Ave a flip candidate?
No — 1602 Monticello Ave does not appear in our flips dataset.
Is 1602 Monticello Ave a tax-appeal candidate?
No — 1602 Monticello Ave 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
-3.1%
Implied 1-yr
-12.2%
2026 Q3
$517.9K
2026 Q4
$498.3K
ZIP 22902 — Median Price History + Forecast

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