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642 Riley Way

Charlottesville, VA 22903

5 bd 6 ba 5,700 sqft Built 2021 Lot 24,394 sqft single_family
Most recent sale
$1,395,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $1,395,000 MLS #627614
Mar 14, 2022 Listed $1,375,000 MLS #627614
Mar 26, 2021 Sold $984,000 MLS #588111
Mar 29, 2019 Listed $849,250 MLS #588111

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,427,000 $190,000 $1,617,000 $14,455
2024 $1,427,000 $190,000 $1,617,000 $12,626
2023 $1,224,000 $164,000 $1,388,000 $11,853
2022 $804,400 $152,000 $956,400 $8,167
2021 $320,800 $128,000 $448,800 $3,833
2020 $180,000 $180,000 $1,537

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
6
Living area
5,700 sqft
Lot size
24,394 sqft
ZIP code
22903
City
Charlottesville
Street
Riley Way
Coordinates
38.05583, -78.66862

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,550
Gross rental yield
7.35%
Implied cap rate
4.78%
Trend-extrapolated value

Frequently asked questions

When did 642 Riley Way last sell?
642 Riley Way most recently sold on Apr 29, 2022 for $1,395,000.
What is the current tax assessment for 642 Riley Way?
The most recent total assessment for 642 Riley Way (year 2025) is $1,617,000 with $14,455 in property tax.
How does 642 Riley Way's assessment compare to its last sale price?
The current assessment is 15.9% above the last sale price of $1,395,000.
When was 642 Riley Way built?
642 Riley Way was built in 2021.
How does 642 Riley Way compare to others on Riley Way?
We track 4 other properties on Riley Way. Browse the list under "Other properties on Riley Way" to compare beds, baths, and sale history.
What are the property facts for 642 Riley Way?
642 Riley Way is a 5 bed, 6 bath, 5,700 sqft, 24,394 sqft lot single_family.
Is 642 Riley Way a flip candidate?
Yes — 642 Riley Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 642 Riley Way a tax-appeal candidate?
Yes — 642 Riley Way 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
-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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