$4,275 Closing Credit¹
#663725, YINPING KUANG, Listing Office: REAL ESTATE III, INC.
$300,000 List price
988 Towne Ln Charlottesville, VA 22901
$3,563
Closing credit¹
3 beds
2 full, 1 partial
1,320 sqft
0.04 acres
$227 / sqft
Townhouse
Property details
About 988 Towne Ln
FOR SALE! Welcome to this charming 3-bedroom, 2.5-bath townhouse in The Village Square. The main level features a spacious living room with a wood-burning fireplace perfect for relaxing or entertaining, a half bath, a laundry closet, a dining area, and sizable kitchen. Upstairs, you'll find a generous primary suite with ample closet space and en suite bath, plus two additional bedrooms and a full hall bath. Enjoy the convenience of main level laundry, a patio, and convenient parking for you and your guests. Located in a quiet, friendly community with easy access to PEN park, shops, restaurants, UVA, and major commuter routes, this home offers the perfect blend of comfort, style, and location. Great for investment or first time home buyer. Selling as is!
Highlights
Home typeTownhouse
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air
Size1,320 sqft
Lot size0.04 Acres
Year built1999
MLS #VAAB2000976
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
- Flooring Type: Carpet, Laminate, Vinyl
- Interior: High Speed Internet
- Total Bedroom Count: 3
- Attached Garage: No
- Architectural Style: Other
- Heating: Electric, Heat Pump
- Cooling: Central Air
- List Price: $300,000
- Price/SqFt: $227
- HOA Amount: $175 Quarterly
- Annual Tax Amount: $2,271
- Tax Year: 2024
- Directions: Take 29 North to Rio Rd, then take a right into Village Square and 988 Towne Ln will be at the end of cul-de-sac on the right
- Year Built: 1999
- Stories: 2
- Living Area: 1,320 SqFt
- Lot Size: 0.04 Acres
- MLS Number: VAAB2000976
- MLS Name: CharlottesvilleVA
- Office Name: Madison & Co Properties LLC
- Office Phone: (540) 748-3053
- Listing Agent: Regan Madison
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: 6/2/2025, 8:15:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$300,000
988 Towne Ln
$3,563
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 | $266,000 | $2,271 |
| 2023 | $258,500 | $2,207 |
| 2022 | $226,900 | $1,766 |
| 2021 | $206,900 | $1,766 |
| 2020 | $193,000 | $1,648 |
| 2019 | $175,300 | $1,497 |
| 2018 | $179,300 | $1,504 |
| 2017 | $176,700 | $1,482 |
History based on county public records data.
Nearby schools
5
Greenbrier Elementary School
Public District PK-4
0.6 mi
•2228 Greenbrier Dr
4
Burnley-Moran Elementary School
Public District PK-4
1.4 mi
•1300 Long St
8
Venable Elementary School
Public District PK-4
2.1 mi
•406 14th St NW
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 $101,667. Typical income of Charlottesville, VA residents is between $35k-100k annually. 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?
8%
<35k
41%
35k-100k
40%
100k-200k
11%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
7%
Single, with Kids
32%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Skiing/snowboarding
Yoga/pilates
Where do the neighbors shop?
Nordstrom Rack
Nordstrom
H&M
Where do the neighbors go to eat?
Chipotle
California Pizza Kitchen
Dominos Pizza
What do the neighbors drive?
Mazda
BMW
Audi
What do the neighbors listen to?
Rock
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 988 Towne Ln
The listing price of 988 Towne Ln property is $300,000.
The property 988 Towne Ln is a townhouse located in Charlottesville, Virginia, 22901.
Active Listing: 988 Towne Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 988 Towne Ln are: Greenbrier Elementary School (GreatSchools Rating 5/10), Burnley-Moran Elementary School (GreatSchools Rating 4/10), Venable Elementary School (GreatSchools Rating 8/10), Walker Upper Elementary School (GreatSchools Rating 2/10), Burley Middle School (GreatSchools Rating 4/10), Journey Middle School (GreatSchools Rating 2/10), Charlottesville High School (GreatSchools Rating 4/10), Murray (GreatSchools Rating 5/10), Albemarle High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $2,271 (source: MLS/based on county public records data).
The property at 988 Towne Ln has 3 bedrooms and 2 full and 1 half bathrooms.
The property 988 Towne Ln is 1,320 SqFt (source: MLS/tax record).
The year of construction for 988 Towne Ln is 1999.
This home is located at 988 Towne Ln in Charlottesville, VA and zip code 22901. This 1,320 square foot home, which was built in 1999, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $300,000.
Over 37 listings were sold over their listed price in May 2025 in Charlottesville, VA. In the same period over 48 listings were sold below the listed price and 31 listings were sold for the listed price. The number of homes for sale in Charlottesville, VA increased by 6.2% between April and May 2025. While the average time on the market in May 2025 was 26 days, the median list price was $530,030.
From Rocket Homes Real Estate and based on county public records data.