Neighborhood
409 Altamont St, Charlottesville, VA 22902
4 beds · 3 baths · 2,532 sq ft · Lot: 5,401 sq ft · Single Family Home · Last Sold: $525K in 2016 · Built: 1920
Est. Rent:
$3.9K/month

409 Altamont St Charlottesville, VA 22902

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4 beds · 3 baths · 2,532 sq ft · Lot Size: 5,401 sq ft · Single Family Home · North Downtown

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409 Altamont St is in the North Downtown neighborhood of Charlottesville, VA. It is located in Charlottesville city County and ZIP code 22902. This Single Family Home was built in 1920 and is approximately 105 years old. The single family home spans 2532 sq ft with 4 bedrooms and 3 bathrooms and sits on a 5401 sq ft lot. According to public records, it was last sold in 2016 for $525,000 and has a tax-assessed value of $1,043,600. The North Downtown area of Charlottesville has 192 residential homes with an average size of 2772 sq ft. Analyze and compare real estate investment strategies for properties like this home at 409 Altamont St Charlottesville, VA 22902 with Property Intel by Whitepages.

Investment Potential for 409 Altamont St

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Long-Term

Gross Rental
$46,800 per year($3,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 22902 zip code
 
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Owners & Occupancy for 409 Altamont St

This property is owned by Lauren S Record. Owner contact information includes 11 phone numbers and 5 email addresses.

Property Owners

Cell Phone(434) ***-****View Cell Phone
Residence*******************
Landline(512) 874-6956
Distance from Property**********
Email Address*******@yahoo.comView Email
Residence*******************
Landline(434) 347-8684
Distance from Property**********
Email Address************@yahoo.comView Email

Property Ownership Information

Purchase DateJune 21, 2016
Property Tax Amount$10,299 in 2024
Purchase Price$525,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 51
Resident 2*************** age 50

Property Details for 409 Altamont St

Property Details

Property Sq Ft

Living Area

2,532 sq ft

9% below market

Lot Size

5,401 sq ft

44% below market

Property condition, age, exterior, etc. for 409 Altamo…
Longitude: -78.481778 Latitude: 38.034212 Parcel Number (APN): 330-136-000…
Mortgage originated on through lender: Bank Of America Na for$******View Mortgage Details
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Market Benchmarks

Compare data for 409 Altamont St in Charlottesville city County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
YoY Price Change
2.29%
516%
Year Built
1920
1989
-69 years
Living Space
2,532 sq ft
2,564 sq ft
-32 (-1%)
$ Per Living Sq Ft
Lot Size
5,401 sq ft
14,593 sq ft
-9192 (-63%)
$ Per Lot Sq Ft

Net Operating Income
$23,576
$6,607 (28%)
Annual Revenue
$46,800
$36,000
$10,800 (30%)
$12,219
$4,398 (36%)
Net Operating Income
$23,576
$6,607 (28%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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