1506 Monticello Rd
Charlottesville, VA 22902
2 bd 2 ba 1,620 sqft Built 1945 Lot 15,246 sqft single_family
Most recent sale
$540,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 23, 2022 | Sold | $540,000 | MLS #630254 |
| May 12, 2022 | Listed | $465,000 | MLS #630254 |
| Oct 17, 2017 | Sold | $68,500 | MLS #309027 |
| May 19, 2006 | Sold | $213,000 | MLS #423937 |
| Apr 8, 2006 | Listed | $219,500 | MLS #423937 |
| Jan 24, 2003 | Sold | $135,000 | MLS #343287 |
| Nov 19, 2002 | Listed | $143,000 | MLS #343287 |
| Aug 3, 1998 | Listed | $69,900 | MLS #309027 |
| Aug 3, 1998 | Sold | $68,500 | Public Record |
| Sep 18, 1991 | Sold | $56,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $444,800 | $162,500 | $607,300 | $6,127 |
| 2025 | $444,800 | $162,500 | $607,300 | $5,910 |
| 2024 | $434,700 | $162,500 | $597,200 | $5,699 |
| 2023 | $393,700 | $136,500 | $530,200 | $5,205 |
| 2022 | $211,700 | $109,200 | $320,900 | $3,195 |
| 2021 | $183,000 | $97,500 | $280,500 | $2,780 |
| 2020 | $147,500 | $96,100 | $243,600 | $2,429 |
| 2019 | $147,500 | $96,100 | $243,600 | $2,429 |
| 2018 | $136,600 | $89,000 | $225,600 | $2,258 |
| 2017 | $124,200 | $80,900 | $205,100 | $2,064 |
| 2016 | $118,200 | $72,200 | $190,400 | $1,924 |
| 2015 | $118,200 | $72,200 | $190,400 | $1,924 |
| 2014 | $118,200 | $72,200 | $190,400 | $1,924 |
| 2013 | $118,200 | $72,200 | $190,400 | $1,809 |
| 2012 | $120,600 | $77,600 | $198,200 | $1,883 |
| 2011 | $131,100 | $84,400 | $215,500 | $2,047 |
| 2010 | $131,500 | $84,400 | $215,900 | $2,051 |
| 2009 | $151,200 | $84,400 | $235,600 | $2,238 |
Property facts
Year built
1945
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,620 sqft
Lot size
15,246 sqft
ZIP code
22902
City
Charlottesville
Street
Monticello Rd
Coordinates
38.01772, -78.47271
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,430
Gross rental yield
5.40%
Implied cap rate
3.51%
Trend-extrapolated value
—
Frequently asked questions
When did 1506 Monticello Rd last sell?
1506 Monticello Rd most recently sold on Jun 23, 2022 for $540,000.
What is the current tax assessment for 1506 Monticello Rd?
The most recent total assessment for 1506 Monticello Rd (year 2026) is $607,300 with $6,127 in property tax.
How does 1506 Monticello Rd's assessment compare to its last sale price?
The current assessment is 12.5% above the last sale price of $540,000.
When was 1506 Monticello Rd built?
1506 Monticello Rd was built in 1945.
How does 1506 Monticello Rd compare to others on Monticello Rd?
We track 8 other properties on Monticello Rd. Browse the list under "Other properties on Monticello Rd" to compare beds, baths, and sale history.
What are the property facts for 1506 Monticello Rd?
1506 Monticello Rd is a 2 bed, 2 bath, 1,620 sqft, 15,246 sqft lot single_family.
Is 1506 Monticello Rd a flip candidate?
No — 1506 Monticello Rd does not appear in our flips dataset.
Is 1506 Monticello Rd a tax-appeal candidate?
No — 1506 Monticello Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.2%
2026 Q3
$517.9K
2026 Q4
$498.3K
ZIP 22902 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monticello Rd