#663880, CLIFF FOX, Listing office: FOXFYRE ENTERPRISES, INC
Property details
About 502 Hanover St
Here is the attractive, conveniently located, level city lot you've been waiting for and yes, it is perfectly suited for your Charlottesville dream home! Situated on a quiet dead end street, 502 Hanover it is just minutes from the UVA Hospital, downtown and 5th Street Station. If you are more inclined to multi-family development, the R-B zoning allows for a baseline of 6 units, or if affordable housing is included, up to 12 units are permissible. Options and flexibility expand with the inclusion of the neighboring home 500 Hanover Street with an additional 0.18 acres, MLS 663069 and 663070) One or both provide an outstanding opportunity in a sought after city location no matter what your plans!
Highlights
Home typeUnimproved Land
StatusActive
Lot size0.14 Acres
MLS #663068
Summary
- Attached Garage: No
- List Price: $225,000
- Annual Tax Amount: $994
- Tax Year: 2024
- Directions: Fifth Street to a Left on Cherry, right on Hanover, lot on the right.
- Lot Size: 0.14 Acres
- MLS Number: 663068
- MLS Name: CharlottesvilleVA
- Office Name: KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
- Office Phone: (803) 473-9990
- Office Email: assc1@ftc-i.net
- Listing Agent: HEGARTY_PEERY REALTORS
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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: 7/3/2025, 8:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 | $102,500 | $994 |
| 2023 | $102,500 | $984 |
| 2022 | $95,000 | $874 |
History based on county public records data.
Nearby schools
4
Johnson Elementary School
Public District PK-4
0.5 mi
•1645 Cherry Ave
8
Venable Elementary School
Public District PK-4
0.8 mi
•406 14th St NW
4
Jackson-Via Elementary School
Public District PK-4
0.9 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. Typical income of Charlottesville, VA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of 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 502 Hanover St
The listing price of 502 Hanover St property is $225,000.
The property 502 Hanover St is land located in Charlottesville, Virginia, 22903.
Active Listing: 502 Hanover St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 502 Hanover St are: Johnson Elementary School (GreatSchools Rating 4/10), Venable Elementary School (GreatSchools Rating 8/10), Jackson-Via 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), Monticello High School (GreatSchools Rating 4/10), Charlottesville High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $994 (source: MLS/based on county public records data).
The property 502 Hanover St is 0.14 acres.
This home is located at 502 Hanover St in Charlottesville, VA and zip code 22903 in the Fifeville neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $225,000.
While more than 37 listings in Charlottesville, VA in June 2025 were sold above asking price, there were more than 21 listings sold at asking price, and more than 61 were sold below. The number of listings in Charlottesville, VA decreased by 3.5% between May and June 2025. In June 2025, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $529,000.
From Rocket Homes Real Estate and based on county public records data.