$314,100
- 3 Beds
- 1.5 Baths
- 1,200 sqft
705 Prospect Ave, Charlottesville, VA 22903
Est. Refi. Payment $1,957/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 18, 2024 for $296,500
Home Value
Trulia Estimate
$314KSince 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
| Month | Estimated 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
-- mins to
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
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MLS Status: Closed |
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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 |
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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 |
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Cumulative Days on Market: 17 |
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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 |
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Price List Price: $298,719 |
Status Change & Dates Off Market Date: Sun Aug 11 2024 |
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Direction & Address City: CharlottesvilleCommunity: ORANGEDALE |
School Information Elementary School: Johnson (Charlottesville)Jr High / Middle School: Walker & BufordHigh School: Charlottesville |
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Building Area Building Area: 1200 Square Feet |
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Association for this Listing: Charlottesville Area Association of RealtorsNo HOA |
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Lot Area: 3920.4 sqft |
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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. |
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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 |
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Days On Market Replication: 17 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Jun 25, 1982 Source: N/A | Sold | $36,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,844 | $284,300 |
Home facts updated by county records
Market trends in Charlottesville
Last updated August 2026
Avg. sale price
$533K
$13.33KMoM
Sale-to-List Price
99.5%
0.5%MoM
Price per sq ft
$277
$6MoM
Available listings
441
20MoM
Around this home
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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.

