$6,531 Closing Credit¹
#661707, MATT KNEECE, Listing office: REAL BROKER, LLC
$490,000 List price
501 Ridge St Charlottesville, VA 22902
$5,819
Closing credit¹
5 beds
2 full
2,794 sqft
0.2 acres
$175 / sqft
House
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
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: $490,000
- Price/SqFt: $175
- 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
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: 6/24/2025, 11:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$490,000
501 Ridge St
$5,819
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. The most common annual income of people living in Charlottesville, VA is less than $<35k. Most families are 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/pilates
Pro Boxing
Figure Skating
Where do the neighbors shop?
H&M
Burlington
Family Dollar
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Church's Chicken
What do the neighbors drive?
Audi
Dodge
Cadillac
What do the neighbors listen to?
Alternative
Urban Contemporary
Jazz
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 $490,000.
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 $490,000.
While more than 37 listings in Charlottesville, VA in May 2025 were sold above asking price, there were more than 31 listings sold at asking price, and more than 48 were sold below. The number of listings in Charlottesville, VA increased by 6.2% between April and May 2025. In May 2025 median list price was $530,030 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.