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3045 Morewood Ln

Charlottesville, VA 22901

4 bd 4 ba 3,856 sqft Built 2003 Lot 7,841 sqft single_family
Most recent sale
$525,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $525,000 MLS #628532
Apr 7, 2022 Listed $500,000 MLS #628532
Mar 11, 2019 Listing removed $2,495 AppfolioUnits
Feb 27, 2019 Listed for rent $2,495 AppfolioUnits
Feb 26, 2019 Listed $455,000 MLS #586374
Aug 22, 2018 Listed for rent $2,350 AppfolioUnits
Aug 13, 2018 Price changed $449,000 MLS #578923
Jul 10, 2018 Listed $469,900 MLS #578923
Aug 1, 2006 Sold $415,000 MLS #422192
Feb 22, 2006 Listed $432,500 MLS #422192

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $543,100 $123,000 $666,100 $5,954
2024 $543,100 $123,000 $666,100 $4,952
2023 $407,900 $120,000 $527,900 $4,508
2022 $326,800 $125,000 $451,800 $3,858
2021 $294,400 $125,000 $419,400 $3,582
2020 $285,100 $100,000 $385,100 $3,288
2019 $297,300 $100,000 $397,300 $3,392
2018 $266,000 $95,000 $361,000 $3,028
2017 $281,300 $80,000 $361,300 $3,031
2016 $257,600 $80,000 $337,600 $2,832
2015 $240,900 $80,000 $320,900 $2,628
2014 $227,000 $80,000 $307,000 $2,452
2013 $229,400 $80,000 $309,400 $2,370
2012 $231,900 $90,000 $321,900 $2,452
2011 $246,100 $95,000 $341,100 $2,530
2010 $248,700 $95,000 $343,700 $2,550

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,856 sqft
Lot size
7,841 sqft
ZIP code
22901
City
Charlottesville
Street
Morewood Ln
Coordinates
38.06869, -78.66422

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,784
Gross rental yield
13.22%
Implied cap rate
8.59%
Trend-extrapolated value

Frequently asked questions

When did 3045 Morewood Ln last sell?
3045 Morewood Ln most recently sold on Jun 7, 2022 for $525,000.
What is the current tax assessment for 3045 Morewood Ln?
The most recent total assessment for 3045 Morewood Ln (year 2025) is $666,100 with $5,954 in property tax.
How does 3045 Morewood Ln's assessment compare to its last sale price?
The current assessment is 26.9% above the last sale price of $525,000.
When was 3045 Morewood Ln built?
3045 Morewood Ln was built in 2003.
How does 3045 Morewood Ln compare to others on Morewood Ln?
We track 8 other properties on Morewood Ln. Browse the list under "Other properties on Morewood Ln" to compare beds, baths, and sale history.
What are the property facts for 3045 Morewood Ln?
3045 Morewood Ln is a 4 bed, 4 bath, 3,856 sqft, 7,841 sqft lot single_family.
Is 3045 Morewood Ln a flip candidate?
No — 3045 Morewood Ln does not appear in our flips dataset.
Is 3045 Morewood Ln a tax-appeal candidate?
Yes — 3045 Morewood Ln 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
-7.6%
Implied 1-yr
-30.4%
2026 Q3
$430.4K
2026 Q4
$365.9K
ZIP 22901 — Median Price History + Forecast

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