#661707, MATT KNEECE, Listing Office: REAL BROKER, LLC
501 Ridge St Charlottesville, VA 22902
Property details
About 501 Ridge St
This gem has returned to the market at no fault of the seller! 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! Sold as-is.
Highlights
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
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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: 6/1/2025, 11:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$495,000
501 Ridge St
$5,878
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 | $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.
Neighborhood
The neighbors living near this home have an average income of $30,364. Most Charlottesville, VA residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
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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.
Charlottesville, VA housing market in May 2025 saw over 37 listings sold above listed price, more than 31 sold at listed price and over 48 sold below. The number of homes for sale in Charlottesville, VA increased by 6.2% between April and May 2025. In May 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $530,030.