703 Locust Ave, Charlottesville, VA 22902
Property image
Property image
OFF MARKET

$1,019,500

Trulia Estimate
  • 4 Beds
  • 4 Baths
  • 3,435 sqft

703 Locust Ave, Charlottesville, VA 22902

Martha Jefferson
Est. Refi. Payment $5,998/mo*
Refinance Your Home
Currently Off Market - Sold Mar 11, 2024 for $950,000

Home Value

Trulia Estimate
$1.02M
Since last month
Decreased$2K (-0.1%)
Since last year
Increased$63K (+6.6%)
Since last sale
Increased$71K (+7.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +119% in the last 10 years
MonthEstimated value
2026
August 2026$1.02M
August 2026$1.02M
July 2026$1.02M
June 2026$1.05M
May 2026$1.05M
April 2026$1.07M
March 2026$1.04M
February 2026$1.03M
January 2026$1M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
501 Lexington Ave, Charlottesville, VA
0.19
Single-Family Home
$1,875,000
10/29/25
5
3
3,199
1108 E Jefferson St, Charlottesville, VA
0.38
Single-Family Home
$1,135,000
10/24/25
3
3.5
2,505
330 Parkway St, Charlottesville, VA
0.40
Single-Family Home
$1,090,000
05/06/26
4
2.5
2,468
809 E Jefferson St, Charlottesville, VA
0.37
Single-Family Home
$1,090,000
08/26/26
3
3.5
3,218
883 Locust Ave, Charlottesville, VA
0.30
Single-Family Home
$780,000
11/28/25
3
2.5
2,564
113 Altamont Cir, Charlottesville, VA
0.60
Single-Family Home
$920,000
11/12/25
5
3.5
2,856
674 Evergreen Ave, Charlottesville, VA
0.17
Single-Family Home
$1,115,000
06/02/26
3
1.5
1,904
118 Goodman St, Charlottesville, VA
0.58
Single-Family Home
$888,000
06/15/26
4
3
2,290
1000 Park St, Charlottesville, VA
0.45
Single-Family Home
$630,000
04/28/26
4
3
2,481
730 Park St, Charlottesville, VA
0.37
Single-Family Home
$1,750,000
04/15/26
4
3
3,736

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
708 Locust Ave, Charlottesville, VA 22902
0.03
$525,000
3
1
2,148
Recently Sold
Saint Charles Ave, Charlottesville, VA 22902
0.05
$295,000
-
-
-
Recently Sold
909 Sycamore St, Charlottesville, VA 22902
0.09
$789,800
4
3.5
2,522
Off Market
731 Locust Ave, Charlottesville, VA 22902
0.06
$1,809,200
4
3.5
3,475
Off Market
710 Lexington Ave, Charlottesville, VA 22902
0.09
$792,300
2
1.5
1,248
Off Market
502 Lexington Ave, Charlottesville, VA 22902
0.17
$1,221,500
4
2.5
2,284
Off Market
738 Lexington Ave, Charlottesville, VA 22902
0.12
$1,029,900
4
4.5
2,343
Off Market
509 Lexington Ave, Charlottesville, VA 22902
0.18
$1,060,400
3
2.5
1,907
Off Market
712 Saint Clair Ave, Charlottesville, VA 22902
0.15
$460,100
2
1
930
Off Market
501 Lexington Ave, Charlottesville, VA 22902
0.19
$1,919,000
5
3
3,199
Off Market
809 Locust Ave, Charlottesville, VA 22902
0.14
$1,779,400
4
4.5
3,791
Off Market

Local Information

  • Map ViewExplore the area around 703 Locust Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1962
3,435 sqft
$297/sqft
Garage

About this House

A superbly renovated North Downtown home with wonderful walkability. On popular and convenient Locust Ave this exceptional 4 bedroom, 4 bath low maintenance home has main and terrace level master suites, separately metered 1 bedroom apartment, and a conditioned pre-plumbed studio above the garage. NEW C'ville zoning will allow up to 4 rental units on the property! Perfect for family or multi-generational family living, and/or investment. The home features hardwood and ceramic tile floors, fully tiled baths, newer HVACs, instant on hot water heater, and off-street parking for 7+ cars. Main level living features master suite with walk-in closet, tiled bath with dual vanities, additional bedroom, and kitchen with granite counters and stainless appliances that opens to the large and bright family room and screen porch. A favorite spot for family togetherness and entertaining. Terrace level with living room, granite kitchen, master suite, tiled bath. One bedroom apartment with kitchen, tiled bath and laundry. 1000sqft+ stamped concrete patio and deck with firepit perfect for outdoor relaxation or entertaining. 395sqft studio perfect for home office or upgrade to a studio apartment. Landscaped yard is fully fenced and perfect for pets.
703 Locust Ave, Charlottesville, VA 22902 is a 4 bedroom, 4 bathroom, 3,435 sqft single-family home in Martha Jefferson, built in 1962. It last sold for $950,000 on Mar 11, 2024 (5% below the $998,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,019,500, with a rent estimate of $3,305/month.
Last check for updates: about 9 hours ago
Listed by DAVID FERRALL, (434) 882-5263
MOUNTAIN AREA NEST REALTY
Bought with: MARCELA FOSHAY, (540) 314-6550, NEST REALTY GROUP
Originating MLS: Charlottesville Area Association of Realtors
Source: CAAR, MLS#647077

Home Details for 703 Locust Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Exterior Entry,Full,Finished,Heated,Interior Entry,Walk-Out AccessNumber of Rooms: 20Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bathroom, Dining Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Mud Room
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 4Number of Bathrooms (full): 4Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 3435 Square Feet
Appliances & Utilities
Utilities: Fiber Optic Available, Natural Gas AvailableAppliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Dryer, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Heat Pump,Multi-FuelHas CoolingAir Conditioning: Central Air,Ductless,ENERGY STAR Qualified Equipment,Heat PumpHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: One, Wood BurningHas a Fireplace
Gas & Electric
Electric: Underground
Windows, Doors, Floors & Walls
Window: Insulated Windows, Screens, Skylight(s)Flooring: Ceramic Tile, Hardwood, Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Ceramic Tile, Hardwood, Luxury Vinyl Plank
View
Has a ViewView: Residential
Security
Security: Dead Bolt(s), Smoke Detector(s), Surveillance System

Exterior Features

Exterior Home Features
Roof: ArchitecturalPatio / Porch: Rear Porch, Deck, Front Porch, Patio, Porch, ScreenedFencing: Full, Metal, FencedOther Structures: Studio/OfficeExterior: PorchFoundation: Block
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Concrete,Detached,Electricity,Garage,Garage Door Opener,Off Street,RV Access/Parking,Garage Faces Side
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1520 Square FeetFinished Area (below surface): 1520 Square Feet

Days on Market

Cumulative Days on Market: 70

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Brick, HardiPlank Type, Stick Built, Cement SidingNot a New ConstructionNot Attached Property
Property Information
Condition: Updated/RemodeledParcel Number: 510030200

Price & Status

Price
List Price: $998,000
Status Change & Dates
Off Market Date: Sat Jan 13 2024Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: CharlottesvilleCommunity: LOCUST GROVE
School Information
Elementary School: Burnley-MoranJr High / Middle School: Walker & BufordHigh School: Charlottesville

Building

Building Area
Building Area: 3870 Square Feet

HOA

Association for this Listing: Charlottesville Area Association of RealtorsNo HOA

Lot Information

Lot Area: 6534 sqft

Documents

Disclaimer: The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of Bright MLS via the CAAR/Bright MLS data share.

Miscellaneous

BasementMls Number: 647077Living Area Range Units: Square FeetAbove Grade Unfinished Area: 1520Above Grade Unfinished Area Source: Public RecordsAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Source: Public RecordsBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-51540-N-510030200-R-N

Additional Information

Days On Market Replication: 70

Price and Tax history

DateEventPrice
Mar 11, 2024
Source: CAAR #647077
Sold
$950,000
Jan 13, 2024
Source: CAAR #647077
Pending
$998,000
Dec 9, 2023
Source: CAAR #647077
PriceChange
$998,000
Price decreased by 9%
Nov 4, 2023
Source: CAAR #647077
Listed For Sale
$1,095,000
Jul 10, 2014
Source: Agent Provided
ListingRemoved
$349,900

Market trends in Charlottesville

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$522K
$11.83KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$272
$6MoM
Available listings
421
19MoM

Around this home

Neighborhood Overview

Martha Jefferson
See Local Highlights
Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 703 Locust Ave

  • What is 703 Locust Ave estimated to be worth?
    Trulia's estimated value for 703 Locust Ave in Charlottesville, VA is $1,019,500.
  • What is the price history for 703 Locust Ave?
    703 Locust Ave in Charlottesville, VA last sold for $950,000 in March 2024.
  • Is Charlottesville a buyer's or seller's market?
    Charlottesville is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Charlottesville?
    The median sale price in Charlottesville is $522K. That is up $11.83K from the prior month.
  • Does 703 Locust Ave have air conditioning?
    Yes, 703 Locust Ave in Charlottesville, VA has air conditioning.
  • Does 703 Locust Ave have laundry facilities?
    Yes, 703 Locust Ave in Charlottesville, VA has in-unit laundry.

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