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701 Montrose Ave

Charlottesville, VA 22902

4 bd 3 ba 2,037 sqft Built 1925 Lot 4,792 sqft single_family
Most recent sale
$290,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2021 Sold $290,000 MLS #620608
Sep 8, 2021 Price changed $349,000 MLS #620608
Jul 31, 2021 Listed $384,000 MLS #620608
Jul 31, 2001 Sold $54,000 Public Record
Aug 10, 1999 Sold $60,000 Public Record
Apr 12, 1999 Sold $36,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $218,800 $132,800 $351,600 $3,552
2025 $218,800 $132,800 $351,600 $3,319
2024 $211,300 $123,800 $335,100 $3,115
2023 $166,400 $123,400 $289,800 $2,854
2022 $159,300 $126,000 $285,300 $2,810
2021 $203,400 $120,000 $323,400 $3,144
2020 $197,500 $120,000 $317,500 $3,088
2019 $197,500 $60,000 $257,500 $2,518
2018 $164,600 $54,500 $219,100 $2,153
2017 $149,600 $41,900 $191,500 $1,891
2016 $145,300 $38,100 $183,400 $1,814
2015 $145,300 $38,100 $183,400 $1,464
2014 $145,300 $38,100 $183,400 $1,814
2013 $145,300 $38,100 $183,400 $1,742
2012 $145,300 $38,100 $183,400 $1,742
2011 $145,300 $38,100 $183,400 $1,742
2010 $157,900 $38,100 $196,000 $1,862
2009 $157,900 $38,100 $196,000 $1,862

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,037 sqft
Lot size
4,792 sqft
ZIP code
22902
City
Charlottesville
Street
Montrose Ave
Coordinates
38.02217, -78.48053

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
$3,056
Gross rental yield
12.65%
Implied cap rate
8.22%
Trend-extrapolated value

Frequently asked questions

When did 701 Montrose Ave last sell?
701 Montrose Ave most recently sold on Dec 22, 2021 for $290,000.
What is the current tax assessment for 701 Montrose Ave?
The most recent total assessment for 701 Montrose Ave (year 2026) is $351,600 with $3,552 in property tax.
How does 701 Montrose Ave's assessment compare to its last sale price?
The current assessment is 21.2% above the last sale price of $290,000.
When was 701 Montrose Ave built?
701 Montrose Ave was built in 1925.
How does 701 Montrose Ave compare to others on Montrose Ave?
We track 8 other properties on Montrose Ave. Browse the list under "Other properties on Montrose Ave" to compare beds, baths, and sale history.
What are the property facts for 701 Montrose Ave?
701 Montrose Ave is a 4 bed, 3 bath, 2,037 sqft, 4,792 sqft lot single_family.
Is 701 Montrose Ave a flip candidate?
No — 701 Montrose Ave does not appear in our flips dataset.
Is 701 Montrose Ave a tax-appeal candidate?
Yes — 701 Montrose Ave 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
-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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