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216 Palatine Ave

Charlottesville, VA 22902

2 bd 1 ba 760 sqft Built 1949 Lot 5,663 sqft single_family
Most recent sale
$271,190
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 5, 2025 Listed $412,500 Charlottesville
Jun 9, 2025 Sold $412,500 Charlottesville
May 15, 2025 Listed $409,000 Charlottesville
May 6, 2022 Sold $271,190 MLS #627217
Mar 4, 2022 Listed $295,000 MLS #627217
Nov 15, 2017 Sold $207,500 MLS #568020
Oct 10, 2017 Listed $210,000 MLS #568020

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $284,100 $120,000 $404,100 $3,346
2024 $226,000 $112,500 $338,500 $3,174
2023 $136,800 $105,000 $241,800 $2,378
2022 $147,500 $90,900 $238,400 $2,346
2021 $122,900 $86,600 $209,500 $2,047
2020 $119,300 $86,600 $205,900 $2,013
2019 $119,300 $80,900 $200,200 $1,959
2018 $129,900 $74,900 $204,800 $2,003
2017 $100,300 $65,100 $165,400 $1,628
2016 $95,600 $59,200 $154,800 $1,528
2015 $92,800 $57,500 $150,300 $1,485
2014 $92,800 $57,500 $150,300 $1,485
2013 $88,400 $57,500 $145,900 $1,386
2012 $88,400 $57,500 $145,900 $1,386
2011 $95,100 $57,500 $152,600 $1,449
2010 $118,900 $41,100 $160,000 $1,520
2009 $118,900 $41,100 $160,000 $1,520

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
760 sqft
Lot size
5,663 sqft
ZIP code
22902
City
Charlottesville
Street
Palatine Ave
Coordinates
38.01518, -78.48007

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
$1,140
Gross rental yield
5.04%
Implied cap rate
3.28%
Trend-extrapolated value

Frequently asked questions

When did 216 Palatine Ave last sell?
216 Palatine Ave most recently sold on May 6, 2022 for $271,190.
What is the current tax assessment for 216 Palatine Ave?
The most recent total assessment for 216 Palatine Ave (year 2025) is $404,100 with $3,346 in property tax.
How does 216 Palatine Ave's assessment compare to its last sale price?
The current assessment is 49.0% above the last sale price of $271,190.
When was 216 Palatine Ave built?
216 Palatine Ave was built in 1949.
How does 216 Palatine Ave compare to others on Palatine Ave?
We track 8 other properties on Palatine Ave. Browse the list under "Other properties on Palatine Ave" to compare beds, baths, and sale history.
What are the property facts for 216 Palatine Ave?
216 Palatine Ave is a 2 bed, 1 bath, 760 sqft, 5,663 sqft lot single_family.
Is 216 Palatine Ave a flip candidate?
No — 216 Palatine Ave does not appear in our flips dataset.
Is 216 Palatine Ave a tax-appeal candidate?
No — 216 Palatine 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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