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218 Water St

Charlottesville, VA 22902

2 bd 3 ba 2,464 sqft Built 2013 condos
Most recent sale
$1,500,000
Dec 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2021 Sold $1,500,000 MLS #593833
Aug 1, 2019 Listed $1,595,000 MLS #593833

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $1,517,100 $199,500 $1,716,600 $17,026
2025 $1,517,100 $199,500 $1,716,600 $16,508
2024 $1,481,800 $199,500 $1,681,300 $15,929
2023 $1,351,300 $199,500 $1,550,800 $14,923
2022 $1,347,300 $199,500 $1,546,800 $14,883
2021 $1,347,300 $172,900 $1,520,200 $14,476
2020 $1,317,300 $168,900 $1,486,200 $14,154
2019 $601,900 $168,900 $770,800 $7,360
2018 $601,900 $168,900 $770,800 $7,360
2017 $584,800 $168,400 $753,200 $7,192
2016 $555,500 $168,400 $723,900 $6,914
2015 $556,600 $168,400 $725,000 $6,924
2013 $464,400 $129,000 $593,400 $5,637

Property facts

Year built
2013
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
2,464 sqft
Lot size
ZIP code
22902
City
Charlottesville
Street
Water St
Coordinates
38.03029, -78.48366

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
$9,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 218 Water St last sell?
218 Water St most recently sold on Dec 29, 2021 for $1,500,000.
What is the current tax assessment for 218 Water St?
The most recent total assessment for 218 Water St (year 2026) is $1,716,600 with $17,026 in property tax.
How does 218 Water St's assessment compare to its last sale price?
The current assessment is 14.4% above the last sale price of $1,500,000.
When was 218 Water St built?
218 Water St was built in 2013.
How does 218 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 218 Water St?
218 Water St is a 2 bed, 3 bath, 2,464 sqft condos.
Is 218 Water St a flip candidate?
No — 218 Water St does not appear in our flips dataset.
Is 218 Water St a tax-appeal candidate?
No — 218 Water St 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
-3.1%
Implied 1-yr
-12.2%
2026 Q3
$517.9K
2026 Q4
$498.3K
ZIP 22902 — Median Price History + Forecast

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