731 Prospect Ave
Charlottesville, VA 22903
3 bd 2 ba 1,200 sqft Built 1979 Lot 3,485 sqft townhomes
Most recent sale
$251,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 3, 2026 | Listed | $307,000 | Charlottesville |
| Jul 15, 2022 | Sold | $251,000 | MLS #632078 |
| Jun 24, 2022 | Listed | $245,000 | MLS #632078 |
| May 4, 2022 | Sold | $135,000 | MLS #628561 |
| Apr 5, 2022 | Listed | $165,000 | MLS #628561 |
| May 8, 2019 | Sold | $80,000 | Public Record |
| Jan 14, 2000 | Sold | $155,000 | Public Record |
| Jul 2, 1979 | Sold | $135,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $190,400 | $62,500 | $252,900 | $2,546 |
| 2025 | $190,400 | $62,500 | $252,900 | $2,472 |
| 2024 | $190,100 | $60,000 | $250,100 | $2,245 |
| 2023 | $144,100 | $45,000 | $189,100 | $1,858 |
| 2022 | $137,400 | $40,000 | $177,400 | $1,746 |
| 2021 | $111,400 | $31,000 | $142,400 | $1,396 |
| 2020 | $111,400 | $31,000 | $142,400 | $1,396 |
| 2019 | $81,500 | $22,400 | $103,900 | $1,030 |
| 2018 | $77,600 | $22,400 | $100,000 | $993 |
| 2017 | $77,600 | $22,400 | $100,000 | $993 |
| 2016 | $77,600 | $20,400 | $98,000 | $974 |
| 2015 | $77,600 | $20,400 | $98,000 | $974 |
| 2014 | $77,600 | $20,400 | $98,000 | $974 |
| 2013 | $77,600 | $20,400 | $98,000 | $931 |
| 2012 | $77,600 | $20,400 | $98,000 | $931 |
| 2011 | $77,600 | $20,400 | $98,000 | $931 |
| 2010 | $67,000 | $22,700 | $89,700 | $852 |
| 2009 | $89,300 | $32,400 | $121,700 | $1,156 |
Property facts
Year built
1979
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
3,485 sqft
ZIP code
22903
City
Charlottesville
Street
Prospect Ave
Coordinates
38.02348, -78.49557
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,800
Gross rental yield
8.61%
Implied cap rate
5.59%
Trend-extrapolated value
—
Frequently asked questions
When did 731 Prospect Ave last sell?
731 Prospect Ave most recently sold on Jul 15, 2022 for $251,000.
What is the current tax assessment for 731 Prospect Ave?
The most recent total assessment for 731 Prospect Ave (year 2026) is $252,900 with $2,546 in property tax.
How does 731 Prospect Ave's assessment compare to its last sale price?
The current assessment is 0.8% above the last sale price of $251,000.
When was 731 Prospect Ave built?
731 Prospect Ave was built in 1979.
How does 731 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 731 Prospect Ave?
731 Prospect Ave is a 3 bed, 2 bath, 1,200 sqft, 3,485 sqft lot townhomes.
Is 731 Prospect Ave a flip candidate?
Yes — 731 Prospect Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 731 Prospect Ave a tax-appeal candidate?
No — 731 Prospect Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.6%
2026 Q3
$858.3K
2026 Q4
$842.5K
ZIP 22903 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Ave