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$410,000
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Property Description
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.
Full Property Details
Full Property Details for 500 Hanover St
General
- Sold For: $410,000
- Taxes: $3,227 (2023)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: 656098
- Added to Site: 590 day(s) ago
Interior
- Rooms/Areas: Full Bath
- Interior Features: Entry Level Bedroom
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
Location
- County: Charlottesville City
- Development Name: None Available
- Subdivision: None Available
- Driving 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.
School Information
- School District: Charlottesville City Public Schools
- Elementary School: Johnson
- Middle School: WALKER & BUFORD
- High School: Charlottesville
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Hot Water, None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Detached
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Fully Finished, Interior Access, Outside Entrance, Partially Finished
- Foundation: Slab
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,910
- Sq. Ft. Source: Assessor
- Living Area: 1,546 Sq. Ft.
- Year Built: 1946
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.18
- Zoning: R-B
Financial Considerations
- Price Per Sq. Ft.: $351.1
- Tax Amount: $3,227
- Tax Year: 2023
Disclosures and Reports
- Ownership: Other
Listed by Four Corners Real Estate Solutions, Llc, LUKE COLE
Sold by Keller Williams Alliance - Charlottesville, MAUREEN HEGARTY
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Schools
Schools serving 500 Hanover St
School District:Charlottesville City Public Schools
| Name | Grades | Distance |
|---|---|---|
Johnson Elementary School, Charlottesville, VA 1645 Cherry Avenue, Charlottesville, VA 22903 | PK-4 | 0.5 mi |
Buford Middle School 1000 Cherry Avenue, Charlottesville, VA 22903 | 7-8 | 0.2 mi |
Charlottesville High School 1400 Melbourne Road, Charlottesville, VA 22901 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Hanover St
Date
Details
Price
Change
Source
10/23/2024
Sold
$410,000
-1.2%
MLS
9/20/2024
Price Reduced
$415,000
-7.78%
MLS
8/22/2024
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
500 Hanover St, Charlottesville, VA 22903 (MLS# 656098) is a Single Family property that was sold at $410,000 on October 23, 2024. Want to learn more about 500 Hanover St? Do you have questions about finding other Single Family real estate for sale in Charlottesville? You can browse all Charlottesville real estate or contact a Coldwell Banker agent to request more information.

