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512 Tyree Lane

512 Tyree Lane, Charlottesville, VA 22901
Property in Albemarle
Sold Jul 25, 2022
$750,000
$750,000 by Fulton Bank Na
Mortgage Due Aug 01, 2052
Sold Nov 04, 2013
$524,000
$54,600 by Uva Community Cu
Mortgage
Local assessors in Charlottesville, VA have categorized 512 Tyree Lane as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 5,314 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 3 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 512 Tyree Lane has a total of 2,722 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 water 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 detached garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B+. The building has a roof that is made of wood. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 27, 2022 for $750,000. That's $275.53 per sqft. Prior to that sales transaction, the property was also sold in Oct 29, 2013 for $524,000. 512 Tyree Lane was last assessed in 2023. The total value of the property was assessed at $739,500. Specifically, the land the property is located on was valued at $175,000. While improvements on the property were assessed at a total of $564,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,315. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Wood
  • Exterior Walls Type: Composition
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 504
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,314
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,722
  • Building Area: 2,722
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Gas
  • Heated Square Feet: 2,722
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BELVEDERE
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELVEDERE 3 94 PH I

Ownership

  • Current Owner : MARCANTONIO CHAD SCHAEFER
  • Current Owner 2: VENKAT ARTHI GANESH
  • Previous Owner : MCARDLE JAMES W
  • Previous Owner 2: MCARDLE JUDITH A
  • Owner Before Previous Owner: BONFELD JESSE M
  • Owner Before Previous Owner 2: LEBOW MARGOT H
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Albemarle County Public Schools
  • School Tax School District: AGNOR-HURT
  • School Tax District Code 2: BURLEY
  • School Tax District Code 3: ALBEMARLE
  • Census Tract: 010602

Zoning

  • Zoning: NEIGHBORHO

Geography

  • Parcel: 062G0-01-03-09400
  • Municipality: RIO
  • Latitude: 38.0726
  • Longitude: -78.4578

    Address

  • Full Address: 512 Tyree Ln
  • Address - House Number: 512
  • Address - Street Name: Tyree
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Charlottesville
  • Carrier Code: R028
  • 4-Digit Zip Code: 3203
  • Zip Code: 22901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,315

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 80
  • Final Value: 792,840
  • High Value: 919,126
  • Low Value: 666,554

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: FULTON BANK NA
  • First Open Lien Mortgage Recording Date: Jul 25, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $739,500
  • Market Land Value: $175,000
  • Market Improvement Value: $564,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $739,500
  • Assessed Land Value: $175,000
  • Assessed Improvements Value: $564,500

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Transaction ID: 11893548020
  • Current Sale Price: $750,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 8980
  • Previous Sale Recording Date: Nov 04, 2013
  • Previous Sale Contract Date: Oct 29, 2013
  • Previous Sale Amount: $524,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FULTON BANK NA
  • First Mortgage Transaction Date: Jul 25, 2022
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: UVA COMMUNITY CU
  • Previous Mortgage Transaction Date: Nov 04, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $54,600
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 512 Tyree Lane located in?
The 512 Tyree Lane is a located in the neighborhood of Albemarle in Albemarle, Charlottesville.
What is the average sales price for listings in 512 Tyree Lane?
The average sales price for units in 512 Tyree Lane is $0 currently.

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