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1612 Monticello Ave

Charlottesville, VA 22902

2 bd 2 ba 829 sqft Built 1988 condos
Most recent sale
$212,500
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 2, 2025 Sold $255,000 Charlottesville
Jun 9, 2025 Listed $250,000 Charlottesville
Aug 15, 2022 Sold $212,500 MLS #631539
Jun 15, 2022 Listed $200,000 MLS #631539
Jun 19, 2019 Sold $169,900 MLS #589475
Nov 14, 2005 Sold $138,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $185,500 $45,000 $230,500 $2,303
2025 $185,500 $45,000 $230,500 $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 $123,000 $25,300 $148,300 $1,431
2018 $109,800 $23,000 $132,800 $642
2017 $102,600 $20,000 $122,600 $1,186
2016 $114,000 $18,200 $132,200 $1,278
2015 $114,000 $18,200 $132,200 $1,278
2014 $114,000 $18,200 $132,200 $1,278
2013 $114,000 $18,200 $132,200 $1,256
2012 $129,600 $18,200 $147,800 $1,404
2011 $129,600 $18,200 $147,800 $1,404
2010 $129,600 $18,200 $147,800 $1,404
2009 $147,300 $18,200 $165,500 $1,572

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
7.02%
Implied cap rate
4.57%
Trend-extrapolated value

Frequently asked questions

When did 1612 Monticello Ave last sell?
1612 Monticello Ave most recently sold on Aug 15, 2022 for $212,500.
What is the current tax assessment for 1612 Monticello Ave?
The most recent total assessment for 1612 Monticello Ave (year 2026) is $230,500 with $2,303 in property tax.
How does 1612 Monticello Ave's assessment compare to its last sale price?
The current assessment is 8.5% above the last sale price of $212,500.
When was 1612 Monticello Ave built?
1612 Monticello Ave was built in 1988.
How does 1612 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 1612 Monticello Ave?
1612 Monticello Ave is a 2 bed, 2 bath, 829 sqft condos.
Is 1612 Monticello Ave a flip candidate?
No — 1612 Monticello Ave does not appear in our flips dataset.
Is 1612 Monticello Ave a tax-appeal candidate?
No — 1612 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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