705 Prospect Ave, Charlottesville, VA 22903
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Property image
OFF MARKET

$314,100

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,200 sqft

705 Prospect Ave, Charlottesville, VA 22903

Orangedale-Prospect Ave
Est. Refi. Payment $1,957/mo*
Refinance Your Home
Currently Off Market - Sold Sep 18, 2024 for $296,500

Home Value

Trulia Estimate
$314K
Since last month
Increased$1K (+0.4%)
Since last year
Increased$22K (+7.5%)
Since last sale
Increased$21K (+6.9%)
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 +239% in the last 10 years
MonthEstimated value
2026
September 2026$317K
August 2026$315K
July 2026$316K
June 2026$322K
May 2026$329K
April 2026$323K
March 2026$321K
February 2026$323K
January 2026$319K
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
0.25
Multi-Family Home
$300,000
01/05/26
3
1.5
1,200
0.28
Multi-Family Home
$300,000
01/05/26
3
1.5
1,200
0.23
Multi-Family Home
$298,000
05/12/26
3
1.5
1,200
0.26
Multi-Family Home
$215,000
03/12/26
3
1.5
1,200
0.36
Multi-Family Home
$215,000
01/19/26
3
1.5
1,200
0.63
Multi-Family Home
$385,000
09/29/25
3
2
1,080
0.33
Multi-Family Home
$430,000
07/01/26
3
2
1,954
0.67
Multi-Family Home
$310,000
12/01/25
3
3
1,296
0.63
Multi-Family Home
$437,500
07/01/26
2
1.5
1,176
1.02
Multi-Family Home
$315,000
06/10/26
3
1.5
1,229

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
0.04
$312,600
3
1.5
1,298
Off Market
0.01
$303,600
3
1.5
1,200
Off Market
0.03
$301,100
2
1.5
1,422
Off Market
0.05
$278,600
3
1.5
1,200
Off Market
0.03
$318,700
3
1.5
1,200
Off Market
0.04
$300,700
3
1.5
1,200
Off Market
0.11
$598,600
3
3
1,605
Off Market
0.13
$150,000
-
-
-
Recently Sold
0.08
$300,000
3
1.5
1,200
Recently Sold
0.10
$319,900
4
2
1,452
For Sale
0.15
$456,000
3
2
2,191
Recently Sold

Local Information

  • Map ViewExplore the area around 705 Prospect Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1981
1,200 sqft
$262/sqft

About this House

Check out this recently remodeled two story town home in the heart of Charlottesville! Nestled in a family-friendly neighborhood, this home is perfectly situated. It’s walking distance to the university campus and medical center, as well as beautiful Forest Hills Park, Buford Middle School, walking trails, restaurants, and other local businesses. The bus stop is a few steps out of the front door. It’s a short drive to Fifth Street Station, and a the famous Downtown Mall. The house itself has been extensively remodeled throughout the last three years; the entire interior has been repainted in neutral tones, all new durable luxury vinyl plank flooring throughout the downstairs, new carpeting upstairs, new exterior doors with storm door and back sliding glass door, updated bathrooms, including vanities, toilets and upstairs shower, and all new appliances including washer, dryer, refrigerator, range, dishwasher, microwave and water heater (all of which convey with the sale). A new Simplisafe security system has been installed and will also convey with the sale. Furthermore, all new ceiling fans in the bedrooms and all new light fixtures in each room of the house. There is ample off-street parking spaces in the oversized driveway.
705 Prospect Ave, Charlottesville, VA 22903 is a 3 bedroom, 2 bathroom, 1,200 sqft multi-family in Orangedale-Prospect Ave, built in 1981. It last sold for $296,500 on Sep 18, 2024 (1% below the $298,719 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $314,100, with a rent estimate of $2,184/month.
Last check for updates: about 14 hours ago
Listed by MICHAEL NOE, (434) 602-2515
ERA BILL MAY REALTY CO.
ERICA MAY, (434) 531-9269
ERA BILL MAY REALTY CO.
Bought with: HELEN ASCOLI, (434) 996-2225, NEST REALTY GROUP
Originating MLS: Charlottesville Area Association of Realtors
Source: CAAR, MLS#655116

Home Details for 705 Prospect Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Bathroom, Dining Room, Half Bath, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1200 Square Feet
Appliances & Utilities
Utilities: Cable Available
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Foundation: Poured
Parking & Garage
No Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1200 Square Feet

Days on Market

Cumulative Days on Market: 17

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Multi FamilyStructure Type: DuplexArchitecture: Duplex
Building
Construction Materials: Stick BuiltNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 240130000

Price & Status

Price
List Price: $298,719
Status Change & Dates
Off Market Date: Sun Aug 11 2024

Location

Direction & Address
City: CharlottesvilleCommunity: ORANGEDALE
School Information
Elementary School: Johnson (Charlottesville)Jr High / Middle School: Walker & BufordHigh School: Charlottesville

Building

Building Area
Building Area: 1200 Square Feet

HOA

Association for this Listing: Charlottesville Area Association of RealtorsNo HOA

Lot Information

Lot Area: 3920.4 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

Mls Number: 655116Living Area Range Units: Square FeetAbove Grade Unfinished Area: 1200Above 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-240130000-R-N

Additional Information

Days On Market Replication: 17

Price and Tax history

DateEventPrice
Sep 18, 2024
Source: CAAR #655116
Sold
$296,500
Aug 12, 2024
Source: CAAR #655116
Pending
$298,719
Jul 25, 2024
Source: CAAR #655116
Listed For Sale
$298,719
Mar 5, 2020
Source: eXp Realty #60716213
Sold
$99,000
Apr 27, 2004
Source: N/A
Sold
$57,700

Market trends in Charlottesville

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$533K
$13.33K
MoM
Sale-to-List Price
99.5%
0.5%
MoM
Price per sq ft
$277
$6
MoM
Available listings
441
20
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

LGBTQ Local Legal Protections

Frequently asked questions about 705 Prospect Ave

  • What is 705 Prospect Ave estimated to be worth?
    Trulia's estimated value for 705 Prospect Ave in Charlottesville, VA is $314,100.
  • What is the price history for 705 Prospect Ave?
    705 Prospect Ave in Charlottesville, VA last sold for $296,500 in September 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 $533K. That is up $13.33K from the prior month.
  • Does 705 Prospect Ave have air conditioning?
    Yes, 705 Prospect Ave in Charlottesville, VA has air conditioning.
  • Does 705 Prospect Ave have laundry facilities?
    Yes, 705 Prospect Ave in Charlottesville, VA has laundry facilities.

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