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1101 Rugby Road

1101 Rugby Road, Charlottesville, VA 22903
Property in Venable
Sold May 13, 2020
$1,975,000
$1,481,250 by Quicken Loans Inc
Mortgage Due Jun 01, 2050
Sold Jun 13, 2003
$810,000
Local assessors in Charlottesville, VA have categorized 1101 Rugby Road as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1991. The property's lot size has been calculated to be 51,836 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1101 Rugby Road has a total of 5,068 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a open garage for those who need a place to park their vehicle. The garage on the property is 798 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of slate. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on a window/unit air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1101 Rugby Road was last sold in Apr 27, 2020 for $1,975,000. According to our calculations, that's $389.70 per sqft. Prior to that sales transaction, the property was sold for $810,000 in Jun 13, 2003. Current property owners are expected to pay $20,136 in taxes per year. The property on 1101 Rugby Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,067,500. To break that down further, the land itself was valued at $642,000. While improvements to the property were assessed at a total of $1,425,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1991
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 976
  • Garage Type: Open
  • Garage Square Area: 798
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 51,836
  • Lot Size Depth Feet: 3,300
  • Total Building Area: 5,068
  • Building Area: 5,068
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Hot water
  • Heated Square Feet: 5,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RUGBY
  • Land Acres: 1.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL A RUGBY

Ownership

  • Current Owner : OWEN MARK R
  • Current Owner 2: TURKHEIMER LENA M
  • Previous Owner : BUTLER ELIZABETH F
  • Previous Owner 2: BUTLER FORREST F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlottesville City Public Schools
  • Census Tract: 000700

Zoning

  • Zoning: R-1U

Geography

  • Parcel: 020019000
  • Latitude: 38.0468
  • Longitude: -78.4937

    Address

  • Full Address: 1101 Rugby Rd
  • Address - House Number: 1101
  • Address - Street Name: Rugby
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Charlottesville
  • Carrier Code: C054
  • 4-Digit Zip Code: 1609
  • Zip Code: 22903

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,136

    Appraisal Valuation

  • Standard Deviation: 0.4668
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 6
  • Final Value: 1,921,566
  • High Value: 2,818,605
  • Low Value: 1,024,526

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,481,250
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 13, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,481,250
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $2,067,500
  • Market Land Value: $642,000
  • Market Improvement Value: $1,425,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,067,500
  • Assessed Land Value: $642,000
  • Assessed Improvements Value: $1,425,500

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: May 13, 2020
  • Current Sale Transaction ID: 11831999951
  • Current Sale Price: $1,975,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jun 13, 2003
  • Previous Sale Contract Date: Jun 13, 2003
  • Previous Sale Amount: $810,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 13, 2020
  • First Mortgage Loan Amount: $1,481,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1101 Rugby Road located in?
The 1101 Rugby Road is a located in the neighborhood of Venable in Venable, Charlottesville.
What is the average sales price for listings in 1101 Rugby Road?
The average sales price for units in 1101 Rugby Road is $0 currently.

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