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1516 Rutledge Ave

Charlottesville, VA 22903

3 bd 3 ba 2,168 sqft Built 1949 Lot 10,019 sqft single_family
Most recent sale
$779,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $779,000 MLS #627196
Mar 4, 2022 Listed $779,000 MLS #627196
Oct 16, 2020 Sold $540,000 MLS #608311
Jul 2, 1998 Sold $150,000 MLS #306322
Apr 30, 1998 Listed $154,900 MLS #306322
Jun 25, 1996 Sold $115,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $707,900 $186,900 $894,800 $8,916
2025 $707,900 $186,900 $894,800 $8,522
2024 $698,600 $168,100 $866,700 $7,779
2023 $604,900 $152,800 $757,700 $7,331
2022 $579,100 $122,200 $701,300 $6,790
2021 $343,800 $106,300 $450,100 $4,333
2020 $318,300 $101,200 $419,500 $4,042
2019 $318,300 $96,400 $414,700 $3,997
2018 $289,400 $80,300 $369,700 $3,569
2017 $275,600 $76,500 $352,100 $3,402
2016 $275,600 $69,500 $345,100 $3,336
2015 $275,600 $69,500 $345,100 $3,336
2014 $270,200 $66,200 $336,400 $3,253
2013 $259,800 $63,700 $323,500 $3,073
2012 $259,800 $63,700 $323,500 $3,073
2011 $259,800 $63,700 $323,500 $3,073
2010 $276,400 $63,700 $340,100 $3,231
2009 $290,900 $63,700 $354,600 $3,368

Property facts

Year built
1949
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,168 sqft
Lot size
10,019 sqft
ZIP code
22903
City
Charlottesville
Street
Rutledge Ave
Coordinates
38.04615, -78.48516

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
$3,252
Gross rental yield
5.01%
Implied cap rate
3.26%
Trend-extrapolated value

Frequently asked questions

When did 1516 Rutledge Ave last sell?
1516 Rutledge Ave most recently sold on May 16, 2022 for $779,000.
What is the current tax assessment for 1516 Rutledge Ave?
The most recent total assessment for 1516 Rutledge Ave (year 2026) is $894,800 with $8,916 in property tax.
How does 1516 Rutledge Ave's assessment compare to its last sale price?
The current assessment is 14.9% above the last sale price of $779,000.
When was 1516 Rutledge Ave built?
1516 Rutledge Ave was built in 1949.
How does 1516 Rutledge Ave compare to others on Rutledge Ave?
We track 8 other properties on Rutledge Ave. Browse the list under "Other properties on Rutledge Ave" to compare beds, baths, and sale history.
What are the property facts for 1516 Rutledge Ave?
1516 Rutledge Ave is a 3 bed, 3 bath, 2,168 sqft, 10,019 sqft lot single_family.
Is 1516 Rutledge Ave a flip candidate?
Yes — 1516 Rutledge Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1516 Rutledge Ave a tax-appeal candidate?
No — 1516 Rutledge Ave 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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