Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 28M+ properties All 50 states Methodology

1242 Villa Ln

Charlottesville, VA 22903

2 bd 2 ba 940 sqft Built 1973 Lot 436 sqft condos
Most recent sale
$195,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $195,000 MLS #634187
Sep 1, 2022 Listed $200,000 MLS #634187
Oct 3, 2019 Sold $149,500 MLS #593149
Mar 3, 2010 Listing removed $850 Charlottesville
Jan 31, 2010 Listing removed $158,900 Charlottesville
Jan 26, 2010 Price changed $158,900 MLS #468499
Oct 11, 2009 Listed for rent $850 Charlottesville
Aug 9, 2009 Listed $159,950 MLS #468499
May 15, 2007 Sold $154,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $177,000 $45,000 $222,000 $1,984
2024 $177,000 $45,000 $222,000 $1,765
2023 $149,900 $47,000 $196,900 $1,681
2022 $117,900 $39,500 $157,400 $1,344
2021 $114,300 $43,500 $157,800 $1,348
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 $976
2016 $86,400 $30,000 $116,400 $977
2015 $78,600 $30,000 $108,600 $889
2014 $77,800 $30,000 $107,800 $861
2013 $78,600 $30,000 $108,600 $832
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
436 sqft
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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,410
Gross rental yield
8.68%
Implied cap rate
5.64%
Trend-extrapolated value

Frequently asked questions

When did 1242 Villa Ln last sell?
1242 Villa Ln most recently sold on Oct 19, 2022 for $195,000.
What is the current tax assessment for 1242 Villa Ln?
The most recent total assessment for 1242 Villa Ln (year 2025) is $222,000 with $1,984 in property tax.
How does 1242 Villa Ln's assessment compare to its last sale price?
The current assessment is 13.8% above the last sale price of $195,000.
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, 436 sqft lot 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 valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.6%
2026 Q3
$858.3K
2026 Q4
$842.5K
ZIP 22903 — Median Price History + Forecast

Explore nearby