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508 Paton St

Charlottesville, VA 22903

3 bd 3 ba 1,600 sqft Built 2012 Lot 2,178 sqft single_family
Most recent sale
$344,501
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $344,501 MLS #630138
May 10, 2022 Listed $325,000 MLS #630138
May 18, 2018 Sold $285,000 MLS #574025
Mar 30, 2018 Listed $285,000 MLS #574025
Aug 30, 2012 Sold $187,000 MLS #497729
Jul 2, 2012 Relisted $174,900 MLS #497729
Apr 14, 2012 Listing removed $174,900 Charlottesville
Mar 30, 2012 Listed $174,900 MLS #497729
Jan 1, 2012 Sold $187,000 Public Record
Jan 1, 2011 Listing removed $249,900 Charlottesville
Nov 3, 2010 Relisted $249,900 MLS #471591
May 5, 2010 Listing removed $249,900 Charlottesville
May 4, 2010 Relisted $255,250 MLS #471591
Apr 29, 2010 Listing removed $255,250 Charlottesville
Apr 16, 2010 Price changed $255,900 MLS #471591
Mar 22, 2010 Sold $139,000 Public Record
Jan 1, 2010 Sold $139,000 Public Record
Nov 20, 2009 Listed $249,900 MLS #471591

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $289,200 $102,000 $391,200 $3,901
2025 $289,200 $102,000 $391,200 $3,778
2024 $282,100 $102,000 $384,100 $3,522
2023 $256,400 $87,100 $343,500 $3,326
2022 $256,300 $85,500 $341,800 $3,310
2021 $213,200 $82,800 $296,000 $2,841
2020 $224,400 $60,800 $285,200 $2,738
2019 $220,000 $57,400 $277,400 $2,664
2018 $189,400 $47,800 $237,200 $2,282
2017 $189,400 $45,500 $234,900 $2,260
2016 $185,600 $38,600 $224,200 $2,159
2015 $176,800 $36,800 $213,600 $2,058
2014 $176,800 $36,800 $213,600 $2,058
2013 $153,700 $35,000 $188,700 $1,793
2012 $153,700 $16,000 $169,700 $152
2011 $20,000 $20,000 $190

Property facts

Year built
2012
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,600 sqft
Lot size
2,178 sqft
ZIP code
22903
City
Charlottesville
Street
Paton St
Coordinates
38.02692, -78.50191

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
$2,400
Gross rental yield
8.36%
Implied cap rate
5.43%
Trend-extrapolated value

Frequently asked questions

When did 508 Paton St last sell?
508 Paton St most recently sold on Jun 23, 2022 for $344,501.
What is the current tax assessment for 508 Paton St?
The most recent total assessment for 508 Paton St (year 2026) is $391,200 with $3,901 in property tax.
How does 508 Paton St's assessment compare to its last sale price?
The current assessment is 13.6% above the last sale price of $344,501.
When was 508 Paton St built?
508 Paton St was built in 2012.
How does 508 Paton St compare to others on Paton St?
We track 3 other properties on Paton St. Browse the list under "Other properties on Paton St" to compare beds, baths, and sale history.
What are the property facts for 508 Paton St?
508 Paton St is a 3 bed, 3 bath, 1,600 sqft, 2,178 sqft lot single_family.
Is 508 Paton St a flip candidate?
No — 508 Paton St does not appear in our flips dataset.
Is 508 Paton St a tax-appeal candidate?
No — 508 Paton St 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
-1.6%
Implied 1-yr
-6.6%
2026 Q3
$858.3K
2026 Q4
$842.5K
ZIP 22903 — Median Price History + Forecast

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