1242 Villa Ln
Charlottesville, VA 22903
2 bd 2 ba 940 sqft Built 1973 condos
Most recent sale
$205,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $205,000 | MLS #631692 |
| Jun 17, 2022 | Listed | $195,000 | MLS #631692 |
| Aug 21, 2018 | Sold | $145,000 | Public Record |
| Oct 17, 2017 | Sold | $129,000 | MLS #530842 |
| Aug 3, 2015 | Sold | $129,000 | Public Record |
| Apr 21, 2015 | Listed | $129,000 | MLS #530842 |
| Dec 29, 2006 | Sold | $159,950 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $161,800 | $45,000 | $206,800 | $1,848 |
| 2024 | $161,800 | $45,000 | $206,800 | $1,643 |
| 2023 | $137,000 | $47,000 | $184,000 | $1,571 |
| 2022 | $117,900 | $39,500 | $157,400 | $1,344 |
| 2021 | $114,300 | $43,500 | $157,800 | $1,347 |
| 2020 | $105,700 | $43,500 | $149,200 | $1,274 |
| 2019 | $98,900 | $40,000 | $138,900 | $1,186 |
| 2018 | $90,900 | $30,000 | $120,900 | $1,014 |
| 2017 | $86,300 | $30,000 | $116,300 | $975 |
| 2016 | $86,400 | $30,000 | $116,400 | $976 |
| 2015 | $78,600 | $30,000 | $108,600 | $889 |
| 2014 | $77,800 | $30,000 | $107,800 | $861 |
| 2013 | $78,600 | $30,000 | $108,600 | $831 |
| 2012 | $79,600 | $30,000 | $109,600 | $835 |
| 2011 | $100,700 | $37,500 | $138,200 | $1,025 |
| 2010 | $107,000 | $37,500 | $144,500 | $1,072 |
Property facts
Year built
1973
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
940 sqft
Lot size
—
ZIP code
22903
City
Charlottesville
Street
Villa Ln
Coordinates
38.00691, -78.52486
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
$1,410
Gross rental yield
8.25%
Implied cap rate
5.36%
Trend-extrapolated value
—
Frequently asked questions
When did 1242 Villa Ln last sell?
1242 Villa Ln most recently sold on Aug 15, 2022 for $205,000.
What is the current tax assessment for 1242 Villa Ln?
The most recent total assessment for 1242 Villa Ln (year 2025) is $206,800 with $1,848 in property tax.
How does 1242 Villa Ln's assessment compare to its last sale price?
The current assessment is 0.9% above the last sale price of $205,000.
When was 1242 Villa Ln built?
1242 Villa Ln was built in 1973.
How does 1242 Villa Ln compare to others on Villa Ln?
We track 8 other properties on Villa Ln. Browse the list under "Other properties on Villa Ln" to compare beds, baths, and sale history.
What are the property facts for 1242 Villa Ln?
1242 Villa Ln is a 2 bed, 2 bath, 940 sqft condos.
Is 1242 Villa Ln a flip candidate?
No — 1242 Villa Ln does not appear in our flips dataset.
Is 1242 Villa Ln a tax-appeal candidate?
No — 1242 Villa Ln 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 Villa Ln