500 Hanover St
Charlottesville, VA 22903
- 4 beds
- 2 baths
- 1,546 sqft
- $265 per sqft
- 1946 build
More homes
This 0.18-acre lot in Fifeville, Charlottesville, offers a unique redevelopment opportunity and can be subdivided. Currently featuring a house, the property is zoned R-B, allowing for a baseline of 6 units, which can increase to 8 units if the existing home is retained. For projects that include affordable housing, the potential expands to 12 units. With the adjacent 0.14-acre lot also for sale, this is an excellent chance to maximize development potential in a desirable neighborhood.
Listing courtesy of BRIGHT / FOUR CORNERS REAL ESTATE SOLUTIONS, LLC
Last checked:
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Last updated Oct 24, 2024
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MLS# 656098 —
The Building
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Year Built:1946
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Year Built Source:Estimated
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New Construction:No
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Construction Completed:No
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Structure Type:Detached
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Architectural Style:Other
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Levels:2
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Accessibility Features:None
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Foundation Details:Slab
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Basement:Yes
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Basement Type:Fully Finished, Interior Access, Outside Entrance, Partially Finished
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Building Area Units:Square Feet
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Building Total SqFt:1910.00
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Total SqFt Source:Assessor
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Total Below Grade SqFt:728
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Unfinished Area Units:Square Feet
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Above Grade Finished SqFt:1182
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Above Grade Finished SqFt Source:Assessor
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Above Grade Unfinished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Finished SqFt:364
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Below Grade Unfinished SqFt:364
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Below Grade Unfinished SqFt Source:Assessor
Interior
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Interior Features:Entry Level Bedroom
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Room List:Full Bath
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Fireplace:No
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Living Area SqFt Source:Assessor
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Living Area Units:Square Feet
Room Dimensions
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Total SqFt:1910
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Living Area SqFt:1,546 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Cash
Location
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Directions:I-64 E Charlottesville, take the exit onto 5th St. Southwest, turn left onto 5th St. Southwest toward Charlottesville, turn left onto Cherry Avenue, turn right onto Hanover Street, and the destination is on your right at 500 Hanover St.
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Latitude:38.02725990
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Longitude:-78.50090154
The Property
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Property Type:Residential
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Lot Size Acres:0.18
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Zoning:R-B
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Zoning Description:Residential-business distric
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Other Structures:Above Grade, Below Grade
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Water View:No
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Water Oriented:No
Listing Agent
- Contact info:
- Agent phone:
- (434) 882-3558
- Office phone:
- (434) 996-0310
Taxes
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Tax Year:2023
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Tax Annual Amount:$3,227.39
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:4
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:1.00
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Main Level Full Baths:1
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Upper Level Total Baths:1
Heating & Cooling
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Cooling:No
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Cooling Type:Window Unit(s)
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Central Air:No
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Heating:Yes
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Heating Type:Hot Water, None
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
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Internet Services:Cable, Fiber Optic
Schools
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Elementary School:Johnson
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Middle School:Walker & Buford
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High School:CHARLOTTESVILLE
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School District Name:Charlottesville City Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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10/23/24
Oct 23, 2024
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Price Changed | BRIGHT | $410,000 | -34.4% |
10/23/24
Oct 23, 2024
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Sold | BRIGHT | $625,000 | 50.6% |
9/24/24
Sep 24, 2024
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Pending | BRIGHT | $415,000 |