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1510 Early Street

1510 Early Street, Charlottesville, VA 22902
Property in Belmont
Sold Jun 01, 2020
$136,000
$136,000 by Movement Mtg Llc
Mortgage Due Jul 01, 2050
Sold Dec 09, 2016
$173,000
$138,400 by Movement Mtg Llc
Mortgage Due Jan 01, 2047
1510 Early Street has been categorized by the local assessors in Charlottesville, VA as a residential type of property. The building on the property was first built in 1983 and is 41 years old. However, we must point out that the home was most recently renovated and altered in 1994. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1510 Early Street has 738 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,316 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1510 Early Street sold most recently in May 1, 2020 for a total of $136,000. If you work out the math, that's approximately a cost of $184.28 per sqft. Before that, the property was also sold for $173,000 in Dec 5, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,796 in taxes each year. 1510 Early Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $286,800. If we break it down further, the land itself was valued at $85,400. Improvements to the property, however, were assessed at a total of $201,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1994
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,316
  • Lot Size Depth Feet: 1,440
  • Total Building Area: 738
  • Building Area: 738
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 738
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BELMONT
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT F BK 67 BELMONT

Ownership

  • Current Owner : SMITH JEFFREY A
  • Previous Owner : SMITH DAVID C
  • Previous Owner 2: SMITH SHARON C
  • Owner Before Previous Owner: MCDOWELL MATTHEW P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlottesville City Public Schools
  • Census Tract: 000401

Zoning

  • Zoning: R-1S

Geography

  • Section: .5
  • Parcel: 590121500
  • Block: 67
  • Lot: F
  • Latitude: 38.0177
  • Longitude: -78.4845

    Address

  • Full Address: 1510 Early St
  • Address - House Number: 1510
  • Address - Street Name: Early
  • Address - Suffix Type: St
  • State: VA
  • City Name: Charlottesville
  • Carrier Code: C020
  • 4-Digit Zip Code: 6370
  • Zip Code: 22902

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,796

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 359,415
  • High Value: 419,898
  • Low Value: 298,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: MOVEMENT MTG LLC
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $286,800
  • Market Land Value: $85,400
  • Market Improvement Value: $201,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,800
  • Assessed Land Value: $85,400
  • Assessed Improvements Value: $201,400

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Transaction ID: 11859709952
  • Current Sale Price: $136,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Dec 09, 2016
  • Previous Sale Contract Date: Dec 05, 2016
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MTG LLC
  • First Mortgage Transaction Date: Jun 01, 2020
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MTG LLC
  • Previous Mortgage Transaction Date: Dec 09, 2016
  • Previous Mortgage Loan Amount: $138,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

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Frequently Asked Questions

What neighborhood is 1510 Early Street located in?
The 1510 Early Street is a located in the neighborhood of Belmont in Belmont, Charlottesville.
What is the average sales price for listings in 1510 Early Street?
The average sales price for units in 1510 Early Street is $0 currently.

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