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$239,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 1 Full Bath
  • 431 Sq. Ft.
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A unique opportunity to own a versatile studio-style efficiency, perfect as an investment, a second home, or a personal residence. This charming unit is located in the heart of downtown Charlottesville, within the classic 1926 building that formerly housed the Monticello Hotel. Since its conversion to condominiums, this popular location offers historic charm with modern conveniences. You'll enjoy easy walkability to the downtown area, including music venues, theaters, the library, parks, shops, and restaurants. The unit itself is light-filled and offers mountain and rural views. Inside, the main room features floor-to-ceiling built-ins for abundant storage, and the full kitchen also provides ample storage space, including a pantry that could double as a small office. The COA covers water, sewer, electricity, trash, and Ting fiber internet. The building is secured, has an elevator, and is staffed by a friendly attendant during business hours. Parking is available on the street or at the Market Street Garage (a parking space is not included with the unit).,Formica Counter,White Cabinets

Full Property Details for 500 Court Square #505

General

  • Price: $239,000
  • HOA FEE: $342/month
  • Taxes: $2,024 (1743)
  • Status: Pending
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: 669711
  • Updated: 12/17/2025
  • Added to Site: 105 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Full Bath
  • Flooring: Ceramic Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Additional Information

  • Security/Safety: Desk in Lobby

Location

  • County: CHARLOTTESVILLE CITY
  • Driving Directions: 500 Court Square, parking on the street or in market street garage.

School Information

  • School District: Charlottesville City Public Schools
  • Elementary School: Burnley-Moran
  • Middle School: Walker & Buford
  • High School: Charlottesville

Community

  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Unit/Flat/Apartment
  • Construction: Brick
  • Foundation: Block
  • Stories Description: Main
  • Building Size: 431
  • Square Feet: 431
  • Sq. Ft. Source: Assessor
  • Living Area: 431 Sq. Ft.
  • Finished Above Grnd: 431 Sq. Ft.
  • Year Built: 1926
  • Year Built Source: Estimated

Lot Features

  • Property View: City

Financial Considerations

  • Price Per Sq. Ft.: $554.52
  • Association Fee: $342
  • Assoc Fee Freq.: Monthly
  • Condo Fee: $58
  • Condo Fee Freq: One Time
  • Tax Amount: $2,024
  • Tax Year: 1743

Disclosures and Reports

  • Ownership: Condominium

Listed by Real Estate Iii, Inc., DEBI DOTSON

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Listing agent

— 500 Court Square #505 —

  • DEBI DOTSON

    Real Estate Iii, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 500 Court Square #505

School District:Charlottesville City Public Schools
NameGradesDistance
Burnley-Moran Elementary School
1300 Long Street, Charlottesville, VA 22901
PK-40.9 mi
Buford Middle School
1000 Cherry Avenue, Charlottesville, VA 22903
7-81.1 mi
Charlottesville High School
1400 Melbourne Road, Charlottesville, VA 22901
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 500 Court Square #505 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$239,000
-0.42%
MLS
11/12/2025
Price Reduced
$240,000
-3.61%
MLS
10/03/2025
Listed
$249,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 500 Court Square #505

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,256
—
$229,500
—
2024
$2,252
9%
$229,100
17%
2023
$2,070
137%
$196,000
8%
2022
$872
-48%
$180,900
3%
2021
$1,678
9%
$175,900
9%
2020
$1,542
—
$161,600
—
2019
$1,542
61%
$161,600
61%
2018
$957
5%
$100,100
5%
2017
$908
4%
$94,900
4%
2016
$871
—
$91,000
—
2015
$871
5%
$91,000
5%
2014
$826
1%
$86,300
—
2013
$820
—
$86,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 500 Court Square #505

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Real Estate Iii, Inc., DEBI DOTSON

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500 Court Sq #505, Charlottesville, VA 22902 (MLS# 669711) is a Condo property with 0 bedrooms and 1 full bathroom. 500 Court Sq #505 is currently listed for $239,000 and was received on October 03, 2025. Want to learn more about 500 Court Sq #505? Do you have questions about finding other Condo real estate for sale in Charlottesville? You can browse all Charlottesville real estate or contact a Coldwell Banker agent to request more information.

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