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508 Park Plz

Charlottesville, VA 22902

3 bd 3 ba 2,610 sqft Built 1944 Lot 6,098 sqft single_family
Most recent sale
$850,000
Dec 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2021 Sold $850,000 MLS #624747
Dec 3, 2021 Listed $850,000 MLS #624747
Mar 17, 2004 Sold $385,000 MLS #351320
Oct 9, 2003 Listed $385,000 MLS #351320

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $702,900 $265,000 $967,900 $9,654
2025 $702,900 $265,000 $967,900 $9,140
2024 $680,500 $250,000 $930,500 $8,353
2023 $604,200 $220,000 $824,200 $7,955
2022 $563,900 $210,000 $773,900 $7,472
2021 $506,300 $187,500 $693,800 $6,634
2020 $485,200 $185,700 $670,900 $6,417
2019 $475,700 $180,300 $656,000 $6,275
2018 $453,000 $156,800 $609,800 $5,836
2017 $431,400 $142,500 $573,900 $5,495
2016 $416,100 $129,500 $545,600 $5,226
2015 $416,100 $129,500 $545,600 $5,226
2014 $404,000 $115,600 $519,600 $4,979
2013 $404,000 $115,600 $519,600 $4,936
2012 $404,000 $115,600 $519,600 $4,426
2011 $404,000 $115,600 $519,600 $4,426
2010 $374,100 $115,600 $489,700 $4,142
2009 $385,700 $119,200 $504,900 $4,286

Property facts

Year built
1944
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,610 sqft
Lot size
6,098 sqft
ZIP code
22902
City
Charlottesville
Street
Park Plz
Coordinates
38.03416, -78.47779

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,915
Gross rental yield
5.53%
Implied cap rate
3.59%
Trend-extrapolated value

Frequently asked questions

When did 508 Park Plz last sell?
508 Park Plz most recently sold on Dec 21, 2021 for $850,000.
What is the current tax assessment for 508 Park Plz?
The most recent total assessment for 508 Park Plz (year 2026) is $967,900 with $9,654 in property tax.
How does 508 Park Plz's assessment compare to its last sale price?
The current assessment is 13.9% above the last sale price of $850,000.
When was 508 Park Plz built?
508 Park Plz was built in 1944.
How does 508 Park Plz compare to others on Park Plz?
We track 3 other properties on Park Plz. Browse the list under "Other properties on Park Plz" to compare beds, baths, and sale history.
What are the property facts for 508 Park Plz?
508 Park Plz is a 3 bed, 3 bath, 2,610 sqft, 6,098 sqft lot single_family.
Is 508 Park Plz a flip candidate?
No — 508 Park Plz does not appear in our flips dataset.
Is 508 Park Plz a tax-appeal candidate?
No — 508 Park Plz 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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