402 11thCharlottesville, VA 22902

  • Residential income properties
  • 18,024 SF
Off market
$4,823,200 Estimated

Property Details for 402 11th

Year built
1972
Lot size
1.00 AC
Property size (Sq ft)
18,024 SF
Zone code
RX-5
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
540107200
APU
540107200

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,319,472
    6.5%
    $4,910,282
    7%
    $4,559,548
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,585,764
    Geo Method
    $5,585,764
  • Alternative Use

    Use
    Valuation
    Residential
    $4,910,282
    Hospitality
    $4,497,792
    Educational
    $3,742,110
    Medical
    $3,870,807
    Retail
    $5,821,060
402 11th, Charlottesville, Virginia

Location Insight

City
Charlottesville
County
Charlottesville City
State
Virginia
Latitude
38.0309
Longitude
-78.4697
CBSA code
16820
CBSA name
CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,888
$768,000
$4,055,200
$4,823,200
-
$768,000
$4,055,200
$4,823,200

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