Owners & Occupancy for 514 Shady Ln

This property is owned by Aakrosh Ratan. Owner contact information includes 2 phone numbers.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$465,158

Purchased July 24, 2014

Number of Owners

1

Property Owners

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	*************
Resident 2	***************** age 44

Property Financials for 514 Shady Ln

514 Shady Ln, Charlottesville, VA has a mortgage from Presidential Bk Fsb (orig. July 24, 2014). The Albemarle county assessment for 2024 values it at $687,200, with annual taxes of $5,869.

Mortgage & Equity Information

Loan Amount	$******
Lender	Presidential Bk Fsb
Origination Date	July 24, 2014
Interest Rate	****%
Term	30 Years
Est Balance	$********
Due Date	***************
Equity	View Equity

View All Mortgage Info

Property Tax

Purchase Date	July 24, 2014
Property Tax Amount	$5,869 in 2024
Purchase Price	$420,000
Assessed Value	$687,200 on 2024

Investment Potential for 514 Shady Ln

The property has a current estimated value of $885,158, which is 13% above the zip median, based on public records. It last sold on July 24, 2014 for $420K. Projected long-term

is $64,200 annually ($5,350 per month) with a 90% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$420,000

Sold July 24, 2014

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$885K

($841K - $929K)

13% above zip median

Discover more Single Family Homes in 22903.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$64,200 per year($5,350 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

90%in 22903 zip code

View Rental Potential

Property Details for 514 Shady Ln

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

33 years

14 years newer than zip median

Property Details

Property Sq Ft

Living Area

3,693 sq ft

25% above market

Lot Size

68,346 sq ft

242% above market

Price Per Sq Ft

Living Area

$240 / sq ft

15% below market

Lot Size Area

$13 / sq ft

68% below market

Property Information

Property condition, age, exterior, etc. for 514 Shady …

Land & Location Information

Longitude: -78.650672 Latitude: 38.032633 Parcel Number (APN): 073B0-07-00-00500…

Recommended Properties in 22903

Discover more single family homes near 514 Shady Ln in Charlottesville, Virginia. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

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$489K - $524K
Est. Value
1032 Wintergreen Ln, Charlottesville, VA 22903
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Large Lot Advantage
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Est. Value
953 Grayson Ln, Charlottesville, VA 22903
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Est. Value
4995 Rockfish Gap Tpke, Charlottesville, VA 22903
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Est. Value
500 Crestwood Dr Unit 2205, Charlottesville, VA 22903
2 beds · 2 baths · 1,346 sq ft · Last Sold: $275,000 in 2012 · Built: 1994
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Est. Value
1341 Courtyard Dr, Charlottesville, VA 22903
3 beds · 2 baths · 1,944 sq ft · Last Sold: $261,272 in 2004 · Built: 2004
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Est. Value
1095 Taylors Gap Rd, Charlottesville, VA 22903
2 beds · 3 baths · 2,021 sq ft · Last Sold: $215,000 in 2020
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$70.1M - $77.48M
Est. Value
100 Dalton Ln, Charlottesville, VA 22903
14,025 sq ft
Large Lot Advantage
$4.03M - $4.46M
Est. Value
500 Crestwood Dr, Charlottesville, VA 22903
Last Sold: $500,000 in 1999
Owned for 10 - 15 Years
$253K - $287K
Est. Value
1810 Candlewood Ct Unit 103, Charlottesville, VA 22903
3 beds · 3 baths · 1,310 sq ft · Last Sold: $6,500,000 in 2015 · Built: 2007
Owner Age 55 - 65
$1.78M - $1.97M
Est. Value
1665 Ambrose Commons Dr, Charlottesville, VA 22903
5 beds · 4 baths · 3,722 sq ft · Last Sold: $475,000 in 2007 · Built: 2008
Valued below Market Median
$547K - $583K
Est. Value
801 Summit View Ln, Charlottesville, VA 22903
5 beds · 2 baths · 2,691 sq ft · Last Sold: $257,700 in 2001 · Built: 2001
Owner Age 55 - 65
$208K - $230K
Est. Value
155 Yellowstone Dr Apt 303, Charlottesville, VA 22903
1 beds · 1 baths · 630 sq ft · Last Sold: $93,000 in 2005 · Built: 2004
Owned for 15 - 25 Years
$751K - $830K
Est. Value
2852 Morgantown Rd, Charlottesville, VA 22903
4 beds · 4 baths · 4,524 sq ft · Last Sold: $339,000 in 2010 · Built: 1965
Owned for 10 - 15 Years
$1.18M - $1.29M
Est. Value
13 Canterbury Rd, Charlottesville, VA 22903
2 beds · 3 baths · 3,597 sq ft · Last Sold: $645,000 in 2010 · Built: 1959
Owned for 10 - 15 Years
$1.11M - $1.24M
Est. Value
550 Rodes Dr, Charlottesville, VA 22903
3 beds · 2 baths · 3,363 sq ft · Last Sold: $685,000 in 2015 · Built: 1984
Owned for 15 - 25 Years
$1.87M - $2.07M
Est. Value
4017 Ivy Rd, Charlottesville, VA 22903
6 beds · 6 baths · 6,412 sq ft · Last Sold: $1,750,000 in 2002 · Built: 1960
Owned for 15 - 25 Years
$1.27M - $1.4M
Est. Value
3820 Red Hill Rd, Charlottesville, VA 22903
4 beds · 3 baths · 4,752 sq ft · Last Sold: $134,668 in 2000 · Built: 2005
Valued above Market Median
$1.28M - $1.42M
Est. Value
3494 Langford Dr, Charlottesville, VA 22903
5 beds · 4 baths · 4,436 sq ft · Last Sold: $756,200 in 2017 · Built: 2014
Large Lot Advantage
$943K - $1.04M
Est. Value
3530 Montgomery Ln, Charlottesville, VA 22903
6 beds · 5 baths · 4,492 sq ft · Last Sold: $510,000 in 2019 · Built: 1989
Owned for 5 - 10 Years
$894K - $989K
Est. Value
780 Gillums Mountain Ln, Charlottesville, VA 22903
3 beds · 2 baths · 2,296 sq ft · Last Sold: $486,000 in 2016 · Built: 2002

Market Benchmarks

Compare data for 514 Shady Ln in Albemarle County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$885,158

$782,611

$102,546 (13%)

$548,110

$337,047 (61%)

—

YoY Price Change

—

Year Built

1992

1978

14 years

1989

3 years

Living Space

3,693 sq ft

2,948 sq ft

745 (25%)

2,564 sq ft

1129 (44%)

$ Per Living Sq Ft

$240

$281

-$41 (-15%)

$200

$40 (20%)

Lot Size

68,346 sq ft

19,994 sq ft

48352 (242%)

14,593 sq ft

53753 (368%)

$ Per Lot Sq Ft

$13

$41

-$28 (-68%)

$36

-$23 (-64%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*******

$**** (****%)

$22,958

$20,351 (89%)

Annual Revenue

$64,200

$57,600

$6,600 (11%)

$36,000

$28,200 (78%)

$*****

$**** (****%)

$13,260

$7,631 (58%)

Net Operating Income

$*****

$*******

$**** (****%)

$22,958

$20,351 (89%)

Cap Rate

****%

—

4.44%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

Occupation	Associate Professor, University Of Virginia
Cell Phone	(434) *-**View Cell Phone
Residence	*******************
Landline
Distance from Property	**********

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	4
Total Bathrooms	4.5
Year Built	1992
Building Sq Ft	3,693 sq ft
Lot Size	2 Acres
Living Space	3,693 sq ft
Basement	1,264 sq ft
Basement Type	Partially Finished
Heating / Fuel	Heat Pump
Air Conditioning	Central A/C
Roof Covering	Composition Shingle
Garage	Garage
Fireplace	Yes
Sewer	Private

APN	073B0-07-00-00500
Census Tract	0110004021
Municipality	Samuel Miller
County	Albemarle
Subdivision	Peacock Hill
Zoning	PUD
Neighborhood	22903
Longitude / Latitude	-78.650672 / 38.032633
Lot Size	68,346 sq ft

Est. Value	$885,158
Price / Sq Ft	$240
Est. Rent/mo	$5,350
Occupancy	*****
Equity	$****/**%

514 Shady Ln Charlottesville, VA 22903

property value

$885,158

market valuation

$782,611

market valuation

$664,797

investment intelligence

Owners & Occupancy for 514 Shady Ln

Occupancy

Appreciation Since Purchased

$465,158

Number of Owners

1

Property Owners

Aakrosh Ratan, age

Occupancy

Property Financials for 514 Shady Ln

Mortgage & Equity Information

Property Tax

Investment Potential for 514 Shady Ln

rental income

property appreciation

Last Sale Amount

$420,000

property value

$885K

($841K - $929K)

rental income

operating expenses

Property Details for 514 Shady Ln

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

33 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in 22903

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Est. Value

1032 Wintergreen Ln, Charlottesville, VA 22903

4 beds · 2 baths · 2,176 sq ft · Last Sold: $184,893 in 1998 · Built: 1998

$616K - $677K

Est. Value

953 Grayson Ln, Charlottesville, VA 22903

3 beds · 3 baths · 3,153 sq ft · Last Sold: $364,900 in 2015 · Built: 1999

$520K - $574K

Est. Value

4995 Rockfish Gap Tpke, Charlottesville, VA 22903

Last Sold: $395,200 in 2016

$488K - $520K

Est. Value

500 Crestwood Dr Unit 2205, Charlottesville, VA 22903

2 beds · 2 baths · 1,346 sq ft · Last Sold: $275,000 in 2012 · Built: 1994

$489K - $551K

Est. Value

1341 Courtyard Dr, Charlottesville, VA 22903

3 beds · 2 baths · 1,944 sq ft · Last Sold: $261,272 in 2004 · Built: 2004

$778K - $860K

Est. Value

1095 Taylors Gap Rd, Charlottesville, VA 22903

2 beds · 3 baths · 2,021 sq ft · Last Sold: $215,000 in 2020

$70.1M - $77.48M

Est. Value

100 Dalton Ln, Charlottesville, VA 22903

14,025 sq ft

$4.03M - $4.46M

Est. Value

500 Crestwood Dr, Charlottesville, VA 22903

Last Sold: $500,000 in 1999

$253K - $287K

Est. Value