$495,000

501 Ridge St Charlottesville, VA 22902

$5,878
Closing credit¹
5 beds
2 full
2,794 sqft
0.2 acres
$177 / sqft
House

Property details

About 501 Ridge St

Assessed at $566,300!! Rare opportunity to own a piece of all-brick history on Ridge Street in Charlottesville! Featuring 5 bedrooms and 2 full bathrooms this property is in need of TLC but is a wonderful investment opportunity. It would make for a fantastic full time residence, rental or fix and flip. Walking distance to UVA, shopping and dining. The metal roof appears to have been recently painted. The retaining wall around the property is topped with quartz for a timeless appeal. Huge bedrooms with high (approximately 12ft) ceilings. Potential to add an additional finished room/bedroom in the walk up attic. The possibilities for this home are huge!! Call your favorite Realtor to take a tour today!

Highlights

Home typeSingle Family Residence
HeatingHot Water
StatusActive
CoolingWindow Unit(s)
Size2,794 sqft
BasementYes
Lot size0.17 Acres
Year built1925
MLS #662760

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Interior: Master Downstairs
  • Total Bedroom Count: 5
  • Attached Garage: No
  • Heating: Hot Water
  • Cooling: Window Unit(s)
  • List Price: $495,000
  • Price/SqFt: $177
  • Annual Tax Amount: $5,411
  • Tax Year: 2024
  • Directions: GPS. Street Parking.
  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,794 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 662760
  • MLS Name: CharlottesvilleVA
  • Office Name: Weichert Realtors Nancy Beahm Real Estate
  • Office Phone: (540) 433-6666
  • Office Email: nbeahmrealestate@aol.com
  • Listing Agent: Gordon Cowan

Broker Reciprocity The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2025 Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 8:15:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a porch, brick siding, and stairway

$495,000

501 Ridge St

$5,878

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$558,800$5,411
2023$542,000$5,275
2022$448,900$4,393
2021$454,900$4,393
2020$448,400$4,331
2019$439,600$4,248
2018$399,600$3,868
2017$399,600$3,868

History based on county public records data.

Nearby schools

2

Clark Elementary School

Public District PK-4

0.8 mi

1000 Belmont Ave

8

Venable Elementary School

Public District PK-4

0.9 mi

406 14th St NW

4

Johnson Elementary School

Public District PK-4

1.1 mi

1645 Cherry Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,364. The majority of Charlottesville, VA residents have income less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

54%
<35k
30%
35k-100k
14%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
23%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • AudiAudi
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • AlternativeAlternative
  • Urban ContemporaryUrban Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 Ridge St

The listing price of 501 Ridge St property is $495,000.

The property 501 Ridge St is a house located in Charlottesville, Virginia, 22902.

Active Listing: 501 Ridge St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 501 Ridge St are: Clark Elementary School (GreatSchools Rating 2/10), Venable Elementary School (GreatSchools Rating 8/10), Johnson Elementary School (GreatSchools Rating 4/10), Buford Middle School (GreatSchools Rating 3/10), Burley Middle School (GreatSchools Rating 4/10), Walker Upper Elementary School (GreatSchools Rating 2/10), Murray (GreatSchools Rating 5/10), Charlottesville High School (GreatSchools Rating 4/10), Monticello High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $5,411 (source: MLS/based on county public records data).

The property at 501 Ridge St has 5 bedrooms and 2 bathrooms.

The property 501 Ridge St is 2,794 SqFt (source: MLS/tax record).

The year of construction for 501 Ridge St is 1925.

This home is located at 501 Ridge St in Charlottesville, VA and zip code 22902 in the Fifeville neighborhood. This 2,794 square foot home, which was built in 1925, sits on a 0.17 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $495,000.

Over 27 listings were sold over their listed price in April 2025 in Charlottesville, VA. In the same period over 26 listings were sold below the listed price and 23 listings were sold for the listed price. The number of listings in Charlottesville, VA increased by 28.1% between March and April 2025. The median list price of listings available in April 2025 was $529,029, while the average time on the real estate market was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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