1005 Cherry Avenue
$400,000
3
2
1,648
1,648
$243
Description
Investors, take note! This prime, 0.16-acre lot in the highly sought-after Fifeville neighborhood of Charlottesville offers an exceptional redevelopment opportunity. Zoned R-B, this property can be subdivided and allows for the development of up to 8 total units. Currently, a 3-bedroom, 2 bath home sits on the lot, which is currently rented. This presents various possibilities for maximizing its full potential. Enjoy the convenience of being within walking distance to UVA, The Corner, and the Downtown...Investors, take note! This prime, 0.16-acre lot in the highly sought-after Fifeville neighborhood of Charlottesville offers an exceptional redevelopment opportunity. Zoned R-B, this property can be subdivided and allows for the development of up to 8 total units. Currently, a 3-bedroom, 2 bath home sits on the lot, which is currently rented. This presents various possibilities for maximizing its full potential. Enjoy the convenience of being within walking distance to UVA, The Corner, and the Downtown Mall. The train station is also nearby, and it's just a quick drive to 5th Street Station shopping, offering a variety of dining and retail options. This is a rare chance to capitalize on a prime location in one of Charlottesville's most vibrant areas.
- Listed by MARJORIE ADAM • NEST REALTY GROUPP: (434)-326-1881 C: (434)-882-0983 marjorie@marjorieadamteam.com
Property Details for 1005 Cherry Avenue
Subdivision
FIFEVILLE
Directions250 East/West, take the McIntire Rd/John W Warner Pkwy exit towards downtown, continue on Ridge McIntire Rd, continue on Ridge St, turn right onto Cherry Ave. to home on the right.
WaterPublic Water
ZoningResidential B
ViewResidential View
LISTING UPDATED: 01/04/2025 08:31 PM
Property Details for 1005 Cherry Avenue
Status | Active |
---|---|
MLS # | 659822 |
Days on Market | 3 |
Taxes | $3,272 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Detached |
Year Built | 1900 |
Lot Size | 0.16 AC / 6,969 SF |
County | Charlottesville Independent City |
Building Information for 1005 Cherry Avenue
Stories2Year Built1900Building Size-Lot Size0.16 AC / 6,969 SF
Property Information for 1005 Cherry Avenue
Property History for 1005 Cherry Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1005 Cherry Avenue
Taxable ValueLand$102,500Additions$231,400Total$333,900
Tax Record2024$3,373 ($281 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,648 SqFtAbove Grade Finished SqFt1,648 SqFtStories2Lot Size7,187 SqFtStyleSingle Family ResidenceYear Built1900ZoningR-BCountyCHARLOTTESVILLE CITYAPN230059000
Schools near 1005 Cherry Avenue
This home is within Charlottesville Cty Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 6 |
Rating | School | Distance |
---|---|---|
Johnson Elementary School PublicPK to 4 | ||
Buford Middle School Public7 to 8 | ||
Charlottesville High School Public9 to 12 | ||
Walker Upper Elementary School Public5 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.