$4,738 Closing Credit¹
RACHEL BURNS, Listing Office: RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
$4,750
closing credit¹
1005 Cherry Ave Charlottesville, VA 22903
$400,000 List price
$4,750
Closing credit¹
3 beds
2 full
1,648 sqft
0.2 acres
$243 / sqft
House
Property details
About 1005 Cherry Ave
Investors, take note! This prime, 0.16-acre lot in the highly sought-after Fifeville neighborhood of Charlottesville offers an exceptional redevelopment opportunity. Zoned R-B, this property can be subdivided and allows for the development of up to 8 total units. Currently, a 3-bedroom, 2bath home sits on the lot, which is currently rented. This presents various possibilities for maximizing its full potential. Enjoy the convenience of being within walking distance to UVA, The Corner, and the Downtown Mall. The train station is also nearby, and it's just a quick drive to 5th Street Station shopping, offering a variety of dining and retail options. This is a rare chance to capitalize on a prime location in one of Charlottesville's most vibrant areas.,Formica Counter,Painted Cabinets
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Size1,648 sqft
Lot size0.16 Acres
Year built1900
MLS #660133
ViewOther
Summary
- MLS Number: 660133
- MLS Name: CAAR
- Office Name: BETTER HOMES & GARDENS R.E.-PATHWAYS
- Office Phone: (434) 370-9500
- Office Email: bhgpathways@gmail.com
- Listing Agent: MARJORIE ADAM
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$400,000
1005 Cherry Ave
$4,750
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $333,900 | $3,292 |
| 2023 | $324,000 | $3,211 |
| 2022 | $300,100 | $3,425 |
| 2021 | $350,000 | $3,425 |
| 2020 | $281,500 | $2,775 |
| 2019 | $249,300 | $2,469 |
| 2018 | $229,900 | $2,284 |
| 2017 | $227,400 | $2,261 |
History based on county public records data.
Nearby schools
4
Johnson Elementary School
Public District PK-4
0.7 mi
•1645 Cherry Ave
8
Venable Elementary School
Public District PK-4
0.7 mi
•406 14th St NW
4
Jackson-Via Elementary School
Public District PK-4
1.1 mi
•508 Harris Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,215. Most Charlottesville, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
45%
35k-100k
8%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
10%
Single, with Kids
12%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
40%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Soccer
Yoga/pilates
Where do the neighbors shop?
Express/Express For Men
Forever 21
H&M
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Bob Evans
What do the neighbors drive?
Volkswagen
Mazda
Audi
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1005 Cherry Ave
This home is located at 1005 Cherry Ave in Charlottesville, VA and zip code 22903 in the Fifeville neighborhood. This 1,648 square foot home, which was built in 1900, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $400,000.
In December 2024 more than 21 listings in Charlottesville, VA were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 50 were sold below. The number of homes for sale in Charlottesville, VA decreased by 20.8% between November and December 2024. The median list price of listings available in December 2024 was $530,372, while the average time on the real estate market was 32 days.
From Rocket Homes Real Estate and based on county public records data.