506 Rives St
Charlottesville, VA 22902
3 bd 3 ba 1,422 sqft Built 2014 Lot 1,307 sqft townhomes
Most recent sale
$347,000
Jun 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 21, 2022 | Sold | $347,000 | MLS #630178 |
| May 13, 2022 | Listed | $304,900 | MLS #630178 |
| May 11, 2022 | Listed | $304,900 | MLS #630177 |
| Oct 17, 2017 | Sold | $210,000 | MLS #509306 |
| Jul 15, 2015 | Sold | $210,000 | Public Record |
| Nov 20, 2014 | Price changed | $216,950 | MLS #509306 |
| May 20, 2014 | Price changed | $226,950 | MLS #509306 |
| Apr 18, 2013 | Listed | $224,950 | MLS #509306 |
| Apr 5, 2013 | Sold | $100,000 | Public Record |
| Jan 1, 2013 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $300,800 | $70,000 | $370,800 | $3,714 |
| 2025 | $300,800 | $70,000 | $370,800 | $3,641 |
| 2024 | $299,400 | $70,000 | $369,400 | $3,168 |
| 2023 | $241,800 | $65,000 | $306,800 | $2,988 |
| 2022 | $224,600 | $47,000 | $271,600 | $2,650 |
| 2021 | $201,200 | $47,000 | $248,200 | $2,401 |
| 2020 | $188,900 | $52,600 | $241,500 | $2,337 |
| 2019 | $204,800 | $52,600 | $257,400 | $2,474 |
| 2018 | $204,800 | $55,400 | $260,200 | $2,501 |
| 2017 | $186,200 | $50,400 | $236,600 | $2,277 |
| 2016 | $177,200 | $45,000 | $222,200 | $2,140 |
| 2015 | $177,200 | $45,000 | $222,200 | $2,140 |
| 2014 | $177,200 | $45,000 | $222,200 | $2,140 |
| 2012 | — | $18,000 | $18,000 | $171 |
Property facts
Year built
2014
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,422 sqft
Lot size
1,307 sqft
ZIP code
22902
City
Charlottesville
Street
Rives St
Coordinates
38.02106, -78.46757
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
$2,133
Gross rental yield
7.38%
Implied cap rate
4.79%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Rives St last sell?
506 Rives St most recently sold on Jun 21, 2022 for $347,000.
What is the current tax assessment for 506 Rives St?
The most recent total assessment for 506 Rives St (year 2026) is $370,800 with $3,714 in property tax.
How does 506 Rives St's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $347,000.
When was 506 Rives St built?
506 Rives St was built in 2014.
How does 506 Rives St compare to others on Rives St?
We track 8 other properties on Rives St. Browse the list under "Other properties on Rives St" to compare beds, baths, and sale history.
What are the property facts for 506 Rives St?
506 Rives St is a 3 bed, 3 bath, 1,422 sqft, 1,307 sqft lot townhomes.
Is 506 Rives St a flip candidate?
No — 506 Rives St does not appear in our flips dataset.
Is 506 Rives St a tax-appeal candidate?
No — 506 Rives St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.1%
Implied 1-yr
-12.2%
2026 Q3
$517.9K
2026 Q4
$498.3K
ZIP 22902 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rives St