Neighborhood
309 7th St SW, Charlottesville, VA 22903
2 beds · 2 baths · 1,226 sq ft · Lot: 2,178 sq ft · Single Family Home · Last Sold: $435K in 2022 · Built: 2006
Est. Value:
$354K
Est. Rent:
$1.5K/month

309 7th St SW Charlottesville, VA 22903

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2 beds · 2 baths · 1,226 sq ft · Lot Size: 2,178 sq ft · Single Family Home · Fifeville
Est. Property Value: $354,295

Owned for Less Than 5 YearsOwner Age 35 - 45

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309 7th St SW is in the Fifeville neighborhood of Charlottesville, VA. It is located in Charlottesville city County and ZIP code 22903. This Single Family Home was built in 2006 and is approximately 19 years old. The single family home spans 1226 sq ft with 2 bedrooms and 2 bathrooms and sits on a 2178 sq ft lot. According to public records, it was last sold in 2022 for $435,000 and has a tax-assessed value of $457,700, which is $289 per sq ft. The Fifeville area of Charlottesville has 105 residential homes with an average size of 1002 sq ft. Analyze and compare real estate investment strategies for properties like this home at 309 7th St SW Charlottesville, VA 22903 with Property Intel by Whitepages.

Investment Potential for 309 7th St SW

The property has a current estimated value of $354,295, which is 6% above the neighborhood median, based on public records. It last sold on July 14, 2022 for $435K. Projected long-term
is $18,000 annually ($1,500 per month) with a 90% occupancy rate.

Discover more Single Family Homes in Fifeville.
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Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
$****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
90%in 22903 zip code
 
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Owners & Occupancy for 309 7th St SW

This property is owned by William Christian Hay. Owner contact information includes 4 phone numbers and 2 email addresses.

Property Owners

OccupationCpa, Campbell & Lineberry Pc
Cell Phone(434) ***-****View Cell Phone
Residence*******************
Landline(603) 436-6788
Distance from Property**********
Email Address*********@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateJuly 14, 2022
Property Tax Amount$4,514 in 2024
Purchase Price$435,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************* age 37
Resident 2****************** age 36

Property Details for 309 7th St SW

Property Details

Property Sq Ft

Living Area

1,226 sq ft

22% above market

Lot Size

2,178 sq ft

64% below market

Price Per Sq Ft

Living Area

$289 / sq ft

8% below market

Lot Size Area

$163 / sq ft

208% above market

Property condition, age, exterior, etc. for 309 7th St…
Longitude: -78.49047 Latitude: 38.029958 Parcel Number (APN): 300-026-000…
Mortgage originated on through lender: Truist Bk for$******View Mortgage Details
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Recommended Properties in Fifeville

Discover more single family homes near 309 7th St SW 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.

Market Benchmarks

Compare data for 309 7th St SW in Charlottesville city County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$354,295
$228,331
$125,964 (55%)
$******
$349,730
$110,072 (31%)
YoY Price Change
****%
2.6%
0%
Year Built
2006
1963
43 years
Living Space
1,226 sq ft
1,140 sq ft
86 (8%)
$ Per Living Sq Ft
$289
$188
$101 (54%)
Lot Size
2,178 sq ft
11,769 sq ft
-9591 (-81%)
$ Per Lot Sq Ft
$163
$34
$128 (373%)

Net Operating Income
$****
$20,534
-$12,022 (-59%)
Annual Revenue
$18,000
$25,800
-$7,800 (-30%)
$****
$5,362
$4,126 (77%)
Net Operating Income
$****
$20,534
-$12,022 (-59%)
Cap Rate
****%
8.01%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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