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VOL. 22 NO. 03 n JANUARY 17 - JANUARY 23, 2013
A P U B L I C AT I O N O F T H E C H A R L O T T E S V I L L E A R E A A S S O C I AT I O N O F R E A LT O R S 速
FREE FREE
A PUBLICATION OF THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS速
Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange, Staunton, Waynesboro
HOME BUYING for newlyweds
+
WHY IT PAYS TO USE A REALTOR速
2012 QUARTERLY REPORT
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
2
Mallard Lane on Ducks Lake
T E N A C R E WA T E R F R O N T P R O P E R T Y (w/low Fluvanna County Taxes)
• Farm House-Colonial w/open flr plan on 12 acre Ducks Lake • 1st flr Master Bedroom • 4 Bedroom, 2.5 Baths CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
• Two-story Great room w/gas Fireplace • Wraparound front porch • Screened rear porch • Walk out lower level • Private Lakefront Dock w/ Great Fishing
Byrd Abbott ASSOCIATE BROKER, ABR, CRS, GRI, SRES
434.242.9600 byrd@byrdabbott.com
free free
a PubLicatiON Of the charLOttesViLLe area assOciatiON Of reaLtOrs®
Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange, Staunton, Waynesboro
JANUARY 17 - JANUARY 23, 2 01 3
16
Home buying for newlyweds
+
WHy iT PAyS To uSe A ReALToR®
HOME BUYING
IN EVERY
Issue: Open House Listings........................................4 Neighborhoods ...............................................6
2012 QuARTeRLy RePoRT
26
FEATURE Home Buying for Newlyweds........................... 16 BY GINA FARTHING
HOME FINANCE Why it Pays to Use a Realtor.........................26 BY JOANNE DIMAGGIO
3 JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
a P u b L i c at i O N O f t h e c h a r L O t t e s V i L L e a r e a a s s O c i at i O N O f r e a Lt O r s ®
Home Sales Stats..........................................30
for newlyweds
What’s
WHY IT PAYS TO USE A REALTOR®
coming
UP?
• Neighborhood Spotlight: Mill Creek & Lake Reynovia • Built Ins Save Space & Offer Charm
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
What’s Inside:
www.caar.cOm
VOL. 22 NO. 03 n jaNuary 17 - jaNuary 23, 2013
OPEN HOUSES
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
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OPEN HOUSE
137 TURKEY TROT LN SPRING CREEK PDT MLS# 493546 $339,990
2819 SHANNON GLEN CT WILLOW GLEN DET MLS# 502381 $429,900
56 BEAR ISLAND PKWY SPRING CREEK DET MLS# 492369 $497,300
BROWNSVILLE HEIGHTS DET MLS# 504940 $569,000
FLUVANNA
538 JEFFERSON DR LAKE MONTICELLO DET MLS# 505031 $132,000 475 SAVANNAH CT
GREENE
59 LARCHMONT CIR GREENECROFT PDT MLS# 504005 $274,990
105 MIDDLEBURY LN 19 CLIFTWOOD RD LAKE MONTICELLO DET GREENECROFT DET MLS# 505412 $355,900 MLS# 501213 $153,000 646 BAYWICK CIR NELSON 130 LONGFORD DR OLD TRAIL ATH 1 VINE RIDGE DR 220 TIMBERS CONDOS WEXFORD DET MLS# 491033 $628,925 LAKE MONTICELLO DET MLS# 495549 $398,000 J A N U A R Y 1 9 T H & J A N U A R Y 2 0 T H WINTERGREEN CND MLS# 500999 $219,000 MLS# 483725 $899,900 6643 WELBOURNE LN 37 WEXFORD RIDGE RD 2461 PENDOWER LN OLD TRAIL DET SATURDAY 83 JUSTIN DR WEXFORD DET GLENMORE DET 3 GUMTREE DR MLS# 503613 $636,900 SYCAMORE SQUARE PDT MLS# 501463 $399,000 MLS# 503423 $799,900 WINTERGREEN DET MLS# 463625 $239,990 5153 BROOK VIEW RD 6782 WELBOURNE LN OLD MLS# 504491 $285,000 OLD TRAIL DET LOUISA ALBEMARLE TRAIL DET 1067 FOX HOLLOW LN MLS# 504941 $699,900 137 TURKEY TROT LN 101 WICKHAM POND DR MLS# 502962 $898,525 FOX HOLLOW DET SUNDAY SPRING CREEK PDT WICKHAM POND PAT 1560 HEATHER FIELD LN MLS# 503161 $379,900 2293 WHITTINGTON DR MLS# 493439 $309,990 MLS# 503520 $217,990 WALNUT HILLS DET PAVILIONS AT PANTOPS ATH 1099 WILLOW RIDGE RD MLS# 504064 $799,900 92 VENABLE CREEK LN 126 WHISPERING HOLLOW LN MLS# 502237 $289,900 VENABLE CREEK SOUTH DET MOUNTAIN BROOK DET PAVILIONS AT PANTOPS PAT 2461 PENDOWER LN MLS# 479081 $399,950 MLS# 505115 $479,000 3 PENDOWER LN ALBEMARLE MLS# 499900 $225,990 GLENMORE DET GLENMORE PDT 101 WICKHAM POND DR 56 BEAR ISLAND PKWY MLS# 503423 $799,900 71 VENABLE CREEK LN 103 SILK WOOD CT MLS# 495984 $519,900 WICKHAM POND PAT DET VENABLE CREEK SOUTH DET SPRING CREEK RIVERWOOD PAT MLS# 503520 $217,990 6435 WOODBOURNE LN MLS# 479080 $399,950 MLS# 492369 $497,300 MLS# 498752 $244,990 CHARLOTTESVILLE OLD TRAIL DET 126 WHISPERING HOLLOW LN All information deemed accurate 102 LONGWOOD DR MLS# 504028 $849,900 F21708 JAMES MADISON HWY 2057 AVINITY LOOP as of 10:30 a.m. Friday, PAVILIONS AT PANTOPS PAT NONE PDT LONGWOOD ATH AVINITY ATH December 28th 2012 as per MLS# 499900 $225,990 6782 WELBOURNE LN MLS# 505508 $369,000 CAAR MLS Open House data. MLS# 500083 $288,200 MLS# 484693 $239,900 OLD TRAIL DET 103 SILK WOOD CT MLS# 502962 $898,525 5 BRIARWOOD DR RIVERWOOD PAT AUGUSTA RIVERWOOD PDT OPEN HOUSE MLS# 498752 $244,990 2293 WHITTINGTON DR MLS# 486184 $301,990 11 FOREST CT PAVILIONS AT PANTOPS ATH WINTERGREEN DET 2057 AVINITY LOOP MLS# 502237 $289,900 1080 OLD TRAIL DR MLS# 504789 $895,000 AVINITY ATH OLD TRAIL ATH MLS# 500083 $288,200 3 PENDOWER LN MLS# 494797 $308,277 GLENMORE PDT FLUVANNA 1519 OLD TRAIL DR 5506 SUMMERDEAN RD MLS# 495984 $519,900 83 JUSTIN DR OLD TRAIL ATH WESTHALL PDT SYCAMORE SQUARE PDT MLS# 505760 $292,500 1119 CAMBRIDGE HILL LN MLS# 501683 $319,990 MLS# 463625 $239,990 GLENMORE PDT 5 BRIARWOOD DR 2 WICKHAM WAY 21708 JAMES MADISON HWY MLS# 498157 $826,825 OPEN SUNDAY, JANUARY 20TH 1-3 PM RIVERWOOD PDT WICKHAM POND PDT NONE PDT 375 WESTFIELD ROAD MLS# 486184 $301,990 MLS# 498367 $324,990 MLS# 505508 $369,000 • Updated manor home CHARLOTTESVILLE • Spacious LR, DR & Kitchen 1080 OLD TRAIL DR 298 RIVERSIDE AVE 13 GLEN VALLEY DR • Cathedral ceilings, oak flooring, rich looking 42” OLD TRAIL ATH RIVERS EDGE DET OLD TRAIL PAT GREENE natural cherry kitchen cabinets, new appliances MLS# 494797 $308,277 MLS# 502613 $415,000 • Gas fp in a spacious downstairs FR MLS# 501091 $364,800 59 LARCHMONT CIR • Large sunny yard for gardening & play GREENECROFT PDT 5506 SUMMERDEAN RD 2539 WOODLAND DR 2819 SHANNON GLEN CT • A small playground is across the street MLS# 504005 $274,990 WESTHALL PDT NONE ATH WILLOW GLEN DET • Ideally located near all services & 1 block to bus line MLS# 501683 $319,990 MLS# 504872 $419,900 MLS# 502381 $429,900 130 LONGFORD DR LINDA BROADBENT WEXFORD DET 434-960-0375 • lmbroadben@embarqmail.com 2 WICKHAM WAY 119 MORGAN CT 646 BAYWICK CIR OLD MLS# 495549 $398,000 WICKHAM POND Hosted by: Jody Morgan, BHG/REIII PDT HUNTLEY DET TRAIL ATH Directions: Commonwealth (at Comcast) to MLS# 498367 $324,990 MLS# 501891 $419,900 MLS# 491033 $628,925 LOUISA Westfield. First house on left facing Westfield
1.19.13
1.20.13
6643 WELBOURNE LN OLD 137 TURKEY TROT LN SPRING CREEK PDT TRAIL DET MLS# 503613 $636,900 MLS# 493439 $309,990
13 GLEN VALLEY DR OLD TRAIL PAT MLS# 501091 $364,800
102 LONGWOOD DR LONGWOOD ATH MLS# 484693 $239,900
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
ATH=ATTACHED • CND=CONDOMINIUM • DET=DETACHED FRM=FARM PDT=PROPOSED DETACHED PAT=PROPOSED ATTACHED PCD=PROPOSED CONDOMINIUM
Central Virginia’s &).% 02/0%24)%3 Showcasing premier high-end properties. VOLUME 18, ISSUE 4
A Publication of The Charlottesville Area Association of REALTORS®
www.caar.com
Look for our latest issue where you pick up the CAAR Real Estate Weekly.
Old Trail
Situated on one of the best home sites in Old Trail, this home features a custom floor plan with top-of-the line finishes throughout. For more information on this great home, see our ad on page 12
Jonathan Kauffmann
434.825.5756 www.nestrealty.com
A Virginia Tradition Since 1927
Roy Wheeler Realty Co. Celebrating Over 85 years Of trust, traditiOn, and Market leadership Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 • (434) 951-5155 • Fax (434) 951-5190 www.rOywheeler.COM
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OPEN HOUSES SUNDAY, JANUARY 20TH
2539 A&B WOODLAND DRIVE
116 SUNDROPS COURT Time: 1-4 pm
Hosting Agent: Kay Sands Time: 1-4 pm
LAKE REYNOVIA-UNDER ASSESSMENT! This well located 4BR/3BA home is steps to the clubhouse, tennis courts, playground and pool. 2 stories-has full walkout finished basement, attached garage, elevated back deck overlooking fenced backyard w/garden. Gas heat, central air, oak cabinetry, and gas FP make this a very enjoyable family home. $239,900.
Hosting Agent: Mike Peters
UVA DUPLEX. Near Grounds, Hospital and bus line this attractive side-by-side duplex is rented on one side and newly remodeled on the other. Perfect for student housing and investment. Each unit has 4/5 bedrooms, 2.5 baths, hardwood floors, and finished basements. Live on one side, income on the other! $419,900.
475 SAVANNAH COURT Time: 1-4 pm
Hosting Agent: Dan Conquest
CUSTOM BUILT 4BR HOME at the end of a cul de sac on a lovely 4.75 acre lot with SO much privacy! Owners have upgraded the kitchen & baths, added a beautiful screened porch off the kitchen, finished the basement, landscaped & fenced the yard & so much more! Popular Western Albemarle schools. $569,000. www.DeniseRamey.com Denise Ramey 434-960-4333. (504940)
Hosting Agent: Mandy Yancey
21708 JAMES MADISON HWY. Time: 1-4 pm
Hosting Agent: Yonna Smith
CUSTOM, CLASSIC & charming 6BR home in Old Trail. One of the best lots overlooking the golf course with spectacular mountain views from the double front porches. So many upgrades & wonderful features including 1st floor master suite, fabulous kitchen, hardwood floor and more. $849,900.
OWN A CUSTOM HOME, from I&J Builders for as little as
Directions: 250 West from Charlottesville to Right on Old Trail Drive (across from Western Albemarle High School), to Left on Woodbourne Lane, home on Left.
susanstewart76@gmail.com Susan Stewart 434-242-3550. (505508)
www.DeniseRamey.com Denise Ramey 434-960-4333. (504028)
$1000 down, no construction loan necessary! Parade of Homes Award winning home plan invites you with large windows, open spaces, high ceilings, elegant fixtures & finishes. Every detail has been considered! Many floor plans are available or I&J can design and build your dream home with you! $369,000.
Directions: From Zion Crossroads – Rt. 15 South. Cross Rt. 250 and do immediate U turn into parking lot. Look for sign.
FI OW N N A E N R CI N G
Directions: 250 West- 1 block past Miller school road light, turn left into paved street -Savannah - home is at end of cul de sac.
6435 WOODBOURNE LANE Time: 1-4 pm
www.DeniseRamey.com Denise Ramey 434-960-4333. (504941)
Directions: 250 W. to Old Trail Dr. go through 2 traffic circles then take a right onto Brook View, home is at the corner of Haden Lane & Brook View.
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Directions: Avon St. Ext. to Lake Reynovia, Reynovia Dr. to Directions: From JPA turn on Cleveland to right on Woodland to property on right. INCLEMENT WEATHER CANCELS. Primrose Ln, left onto Sundrops Court, home on right.
Hosting Agent: Denise Ramey
CRAFTSMAN, CUSTOM-BUILT HOME with quality 2x6 construction, solid wood doors, elegant architectural details, great floor plan, & all the upgrades you want. Enjoy the spacious wraparound front porch on a sunny, corner lot overlooking the park & creek. Built by PEAK BUILDERS. $699,900.
80 TURKEY TROT COURT
Time: 12-5 pm
Hosting Agent: Susan Stewart
A SPECIAL OPPORTUNITY to tour the Spring Creek Community. Spring Creek is rated one of Virginia’s best golf communities with deluxe amenities to include gated entrance, golf club, fitness center, pool & tennis. A variety of home sites are now available at reduced prices. Appointments necessary, call for an available time. susanstewart76@gmail.com Susan Stewart 434-242-3550. Directions: I-64 to Zion Crossroads exit, North on 15 to Spring Creek entrance on Left.
37 WEXFORD RIDGE ROAD
Time: 2-4 pm
Hosting Agent: Matthew Woodson
DECEMBER COMPLETION. This upgraded “Berkshire” model has hardwood floors, granite counters, gas fireplace, built-in cabinets, 9’ ceilings, stainless steel appliances, 4 bedrooms and 2.5 baths - the list goes on and on. $399,000. MatthewWoodsonProperties.com 960-5187. (501463) Directions: U.S. Rte. 29 North to Left on Fray’s Mill Rd (SR 641) for half mile to Right on Spring Hill Rd (SR 606) for one mile. Left into Wexford, stay right at Y, Home on right.
OPEN HOUSES
Mike Peters 951-5119/981-3995. (504749, 872)
Kay Sands, 825-6129. (502762)
5153 BROOK VIEW ROAD Time: 1-4 pm
1560 HEATHER FIELD LANE
Time: 1-4 pm
Hosting Agent: Kim Johnson
ELEGANT, CUSTOM-BUILT brick home on beautiful lot in gated community. Great floor plan w/finished terrace level. Quality evident throughout with hardwood floors, gourmet eat-in kitchen, FR w/FP, screened porch and incredible yard! Popular schools, fabulous location convenient to shopping & airport. $799,900. www.DeniseRamey.com Denise Ramey 434-960-4333. (504064) Directions: Take Earlysville Road north from Hydraulic to Right into Walnut Hills subdivision, Left on Redwood then Left on Heather Field. Home at end of cul de sac on right.
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
Email: homes@roywheeler.com
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
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JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
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COUNTRY MEADOWS – RUCKERSVILLE Spacious 4 BR, 2.5 BA Home Formal Living & Dining Rooms Fam Rm w/Woodburning FP & Screened-in Back Porch, Lg Back Yard Two Car Garage w/Room for Storage MLS# 503470 $180,000
1434 PLYMOUTH ROAD
ROBERT RAMSEY, 434/242-2280
514 PARK PLAZA
NEIGHBORHOODS
434-296-7171
“Personalized Real Estate Service”
MARGARET RAMSEY, 434/953-7057
Classic 50’s Brick Rancher Two/Three Spacious Bedrooms Lg Living Room & Eat-in Kitchen Family Rm w/FP Hardwood Flrs, Freshly Painted Interior MLS# 503836 $216,500
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
www.charlotteramsey.com
404 8th Street, N.E. Charlottesville, VA
Walk to the Mall | Currently 3 Apartments Live in One & Rent Out the Other Two Or Easy Conversion Back to Single Family 2900 Plus Finished Sq Ft Built in 1937 & Retains its Original Charm MLS# 503281 $625,000
ROBERT RAMSEY, 434/242-2280
CHEROKEE SECTION – LAKE MONTICELLO 4 Bedrooms, 2.5 Baths. Lots of Natural Light Hdwd Flrs in Foyer, Dining Rm & Living Rm Large Eat-in Kitchen, Fireplace With Gas Logs Large Deck off Family Rm. Over-sized 1 Car Garage Dual Zone Heatpump. Move-in Condition. MLS# 505626 $199,900
JULIE HOLBROOK, 434/989-4415
RURAL LIVING YET ONLY 20 MINS TO DOWNTOWN C-VILLE!
4 BR, 2.5 BA, LR, 1st Floor Master, 2nd Story Family Rm Full Unfin Basement w/Outside Access. 5.18 Acres Bright & Spacious and Move-in Ready MLS# 504124 $188,000
JULIE HOLBROOK, 434/989-4415
109 PIEDMONT AVE
Prime UVA Area Triplex Charming Brick Cape Cod 2 Apartments in Main House Plus Detached Garage Apartment Leased For 2012-2013 School Year MLS# 497364 $399,900
ROBERT RAMSEY, 434/242-2280
FOXWOOD FOREST
WAYNESBORO – COTTAGE CHARMER
MARGARET RAMSEY, 434/953-7057
JULIE HOLBROOK, 434/989-4415
Gorgeous Home on 2.11 Acs Gourmet Kit w/Granite Countertops & Island 4 BR (1st Flr Master), 3.5 Baths. 4,741 Fin Sq Ft LR w/Rock FP, Blt-in Bookshelves & Cathedral Ceilings 2 Car Garage. MLS# 505181 $575,000
3 BR, 2 Full BA, Hdwd Floors, Ceramic Tile Bsmt Storage w/Outside Entrance Oversized City Lot. Mountain Views Easy Access to I-64, Rts 250 & 340 New Roof & Plumbing in 2008 MLS# 503665 $139,000
SPACIOUS UPGRADED MODEL IN PREDDY CREEK!
5 BR, 3.5 BA. Wonderful Finished Bsmt & Garage Large Deck. Fenced Yard w/Picnic Area & Playground Amish Blt Shed. Easy Access to Schools, Shopping, NGIC & Airport. NO HOA! MLS# 503134 $325,000
MARGARET RAMSEY, 434/953-7057
MITCHELL RD, CULPEPER CO. 2 Bedroom, 2 Bath Bungalow 3.23 Fairly Level Acres Property Sold “As Is” MLS# 504555 $54,550
JULIE HOLBROOK, 434/989-4415
BEAUTIFUL A-FRAME HOME ON NEARLY 4 ACS
3 BR, 2 BA Plus Lg Great Rm, Eat-in Kit, Den/Fam Rm Private Master Suite Upstairs. Full Walk-out Bsmt Wide Wrap Around Porch. Easy Commute to Ch’ville MLS# 503481 $215,000.
MARGARET RAMSEY, 434/953-7057
CARODON - CONVENIENT LOCATION
Private Lot, 2 Car Garage Well Maintained 3 BR, 2.5 BA Home on 1.05 AC Fam Rm w/FP, Home Office, Eat-in Kit Well Landscaped Back Yard – Nearly Level & Great for Entertaining MLS# 503345 $204,900
JULIE HOLBROOK, 434/989-4415
January 20, 2013 12 pm - 4 pm August 18, 2013 1 pm - 4 pm
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
Charlottesville
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Omni Hotel Charlottesville 235 West Main Street
Door prizes FIRST 300 receive 8 day honeymoon trips FIRST 200 receive cool swag bags
NEIGHBORHOODS
Exhibits Seminars Fashion show by Amanda’s Touch Bridal and Formal and Men’s Wearhouse
FREE bridal magazines, giveaways, and more ELEGANCEINBRIDALSHOW.COM 434.298.INFO (4636)
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
Trendy tablescapes ideas and Grooms Corner
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
8
CAAR REAL ESTATE WEEKLY
NEWS &VIEWS
Past President Brad Conner of Montague Miller & Co. accepted their duties for 2013, along with the directors:
Denise Ramey, 2013 CAAR President
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
NEWS & VIEWS
CAAR Installs 2013 Board President, Officers and Directors Annual Awards Ceremony Recognizes Outstanding Service and Professional Excellence Some 225 members of the Charlottesville Area Association of REALTORS® and guests joined the 2013 board installation and annual awards recognition ceremony on Wednesday, Jan. 9 at Boar’s Head Inn. The morning program kicked off with 2012 CAAR President Brad Conner paying tribute to two outstanding community members for their contribution to the Association last year. Kim Armstrong, of ERA Bill May Realty and chair of REALTORS® Political Action Committee who raised $30K to meet the annual goal, and Jennifer Jacobs, executive director of Albemarle Housing Improvement Program and founding partner in successful Seniors Safe at Home campaign that reached $25K goal, each received a 2012 President’s Award. Conner also recognized outgoing board members Joelle Meintzschel, Daniel Rothamel and Barbara McMurry and each of the chairs on last year’s volunteer groups. Conducting the swearing in of 2013 President Denise Ramey of Roy Wheeler Realty Co. was Michael Guthrie, CAAR past president and CEO/principal broker of Roy Wheeler. Guthrie read the oath of office, and Ramey, a REALTOR® and director of the Relocation Department at Roy Wheeler, accepted. Following Ramey’s installation, President-Elect John Ince of Nest Realty Group; Treasurer Anita Dunbar of Montague Miller & Co.; and Immediate
Tim Carson, RE/MAX Assured Properties Jim Duncan, Nest Realty Group Sasha Farmer, Montague Miller & Co. Mason Graham, CB Richard Ellis Pat Jensen, BHG/Real Estate III – North Lindsay Milby, Loring Woodriff Real Estate Assoc. Donna Patton, BHG/Real Estate III – Crossroads John Updike, Roy Wheeler Realty Co. Marjorie Adam of Nest Realty Group and Karen Pape of Pape and Associates were not present for the installation. Ramey spoke to members about the exciting new benefits being rolled out in 2013, and the program turned to the awards of excellence.Also on Wednesday, three members were honored for 40 cumulative years of membership in NAR and in recognition of valuable and lasting contribution to the real estate profession in the community: Gordon Wheeler of Gordon Wheeler & Associates; Bill May of ERA Bill May Realty Co.; and Arthur Pearson of BHG/ Real Estate III - North. The event was underwritten by Dominion Development, Four Sales Ltd. and Student Services Moving & Storage. Additional sponsorship was provided by BB&T Mortgage, Charlottesville Settlement, Cunningham & Co., Real Estate Weekly, SunTrust Mortgage and UVa Community Credit Union/Member Options. View highlights on the CAAR Facebook page.
Congratulations to: 2012 Affiliate of the Year: Tammy Wilt of New American Mortgage This award recognizes one of the CAAR affiliate members who goes the extra step to help further the goals and objectives of the Association, CAAR members, their clients and the community at large. 2012 Rookie of the Year: Jamie White of Montague Miller & Co. This award recognizes a REALTOR® member who has held an active salesperson’s license for 18 consecutive months or less and balances sales volume and education with CAAR events and civic duties. 2012 Sales Associate of the Year: Donna Patton of Better Homes & Garden/Real Estate III – Crossroads This award recognizes a REALTOR® who is a top sales producer, active in our Association and our community, and continues to improve his or her skills by engaging in continuing education courses and the achievement of professional designations. 2012 REALTOR® of the Year: Barbara McMurry of Montague Miller & Co. This award honors a member who has participated in the REALTOR® Associations at the local, state and national levels. Involvement in civic and community organizations is necessary, as is a high level of personal education and a dedication to the profession. 2012 REALTOR® Ethics in Action: Pat Sury of Montague Miller & Co. This award honors the ethical standards that run through a member’s professional and private life. It is bestowed on REALTORS® who are sought out by other REALTORS® for advice and counsel on questions concerning the Code of Ethics and professional standards.
2012 CAAR Awards Ceremony and 2013 CAAR Board Installation
2013 Charlottesville Area Association of REALTORS® Board of Directors
RESIDENTIAL BROKERS
417 P ark S treet , C harlotteSville , va 22902 REDFIELDS
1.5 miles from UVa in oh so convenient Redfields, with its pool, walking trails, lake and playground. 4 bedroom, open, contemporary floorplan with kitchen and breakfast nook adjacent to family room, 2 story foyer and rear staircase. Hardwood on main level, formal areas contain separate living and dining room. 2 car garage. Reduced to $329,000.
692 HOLLY HILL DR HOLLY HILL - Better than new! Full of tasteful options! Entertain in luxury & style! 3 min to NGIC/DIA, 6 min to shopping, 20 min to Downtown Cville. Gourmet kitchen w/cherry cabinets, stainless appl., double ovens, lots of counters, breakfast nook, hardwood floors. 4 Lg BR. Master suite: tiled shower, lg walk-in closet. Open cathedral foyer, lots of natural light. Full finished basement w/surround sound home theater, tiled shower in full bath, exercise room. Oversized deck. RENT-TO-OWN $1800/MO. MLS#505515
RING SONJA 434-981-3523
$290,000
HEART OF IVY
New price - $398,000 makes this the best bargain in the sought after Ivy area with its enviable schools and easy, Western access to town and UVa. Contemporary style 4 bedroom custom built home on very private 2 acres plus. Master bedroom suite on main level, sunken living room w/ wood burning fireplace and l cathedral ceilings. Level back yard, wide front porch and rear deck for grilling . Full unfinished basement with 2 car garage.
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www.CynthiaHash.com 434-531-5351
5406 Union Mission Lane CRoZeT - FoR saLe BY oWneR Lovely 4 Bedroom, 2.5 Bath Cape Cod on 1/2 acre in the country. Approx 2200 s.f. First Floor Master has 2 skylights. Hardwood floors & brick Fireplace with nice insert. Full bsmt makes a GREAT gameroom. Landscaped patio with water garden. Large garage. BEST VALUE IN CROZET. $209,000
RING SONJA 434-981-3523 .
Sonja Casero, (434) 981-3523 Multi-Million Dollar Top Producer for over 20 years Consistent Award Winner Hall Of Fame
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3800 RICHMOND ROAD SITTING ON 4 PRIVATE AC.!
Over $13 Million Sold in 2010 Native of Charlottesville with over 25 years of local Real Estate Experience. Hall Of Fame
HERITAGE LAND COMPANY
CLOSE TO UVA
REALTORS速
Luxury end unit w/ 2 car garage in Cherry Hill! Exceptional design & finishes. Located in the heart of the city and better than new. Open living areas w/ beautiful hardwood floors & a great kitchen design w/ fabulous alcoves. Mstr suite w/ luxury bath & walk-in closet. 1st floor study, fam room, & full bth (could easily serve as 4th BR). Fenced rear yard! $299,900
EX C NE LU W SI V
HAROLD PAYNE 434-981-0071
Call Sharon, (434) 981-7200
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Rustic Cape Cod w/ charm galore just min. from the rapidly developing Zion X Road area. Features incl. 3 large BR & 2 full BA, incl. first floor master BR w/ attached BA & whirlpool tub. Bright Sunroom overlooking large rear deck. Full fin. walkout basement w/ rec-room & home office w/ full wall of custom bookcases. Level fenced yard w/ mature trees & landscaping. Spacious 18 X 25 kennel w/ utilities & fenced dog run. MLS#498221, $299,500
CALL SHARON 434-981-7200 LARGE FARMHOUSE Offering 7 or more BR, including a two room Mstr suite. Located on a fabulous 26 acre farm w/a small, beautiful lake, and hosting 2 cottages, a kennel, 3 car garage, other small outbuildings and an equipment shed. Almost all open, gently rolling to flat land, set on the corner of VSH 15 and 33 west (just east of Gordonsville). $799,000
2012 Awards of Excellence Winners
CALL SHARON 434-981-7200
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
434.466.4634
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
NEW to the MARKET
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JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
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CAAR 2011 Year End Market Report Charlottesville Area Association of REALTORS® Publishes 2012 Year-End Home Sales
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
NEWS & VIEWS
Charlottesville Area 2012 Year-End Highlights:
Market Overview There were 2,643 homes sold in the Greater Charlottesville area in 2012, which was up 14.9% (+343 sales) from 2011. This was the largest year-over-year increase since 2004. In the 4th Quarter, there was a 19% jump in sales compared to Q4-2011. The 148 attached homes sold represented a 23.3% increase over the same quarter last year, while the number of detached homes spiked 17.7% over Q4-2011. Fluvanna (+26.6%), Charlottesville (+25.3%), and Albemarle had the highest annual gains in sales in 2012. Nelson (-2.7%) was the only county with fewer sales than 2011.
Analysis of Charlottesville Short Sale and Foreclosures Foreclosed property sales were down 7.3% to 304 compared to 328 sales in 2011. Foreclosures represented an 11.5% share of all sales in 2012 compared to 14.3% last year. “The steady decline of distressed properties throughout 2012 gives consumers another reason to want to invest in homeownership,” says CAAR 2013 President-Elect John Ince. There was only 1 more short sale transaction in 2012 than in 2011, with the 111 short sales this year representing only 4% of the market. Total distressed sales (short sales + foreclosures) were down 5.7% versus 2011 while traditional sales, or those transactions not involving a foreclosure or short sale, were up n 20% in 2012.
• CAAR Year-End Market Report shows 15% increase in number of sales for area over 2011–highest yearly total since 2007; • Median sales price in region increased to $260,000 for 8% rise over Q4-2011.
• Overall sales in Greater Charlottesville were up 15% over 2011, resulting in largest year-over-year increase in seven years. • Active inventory to close 2012 was at the lowest level since year-end 2005 and down 13% from year-end 2011. • Median sales price for the region in Q4-2012 was up 8% over last quarter and Q4-2011 to $260,000. • New listings were up 9% from the same quarter last year—the largest increase since Q4-2006.
of where they ended up in the transaction process) represents a 5.9% decrease from the 4,802 new listings added in 2011, we remain a buyer’s market, though much closer to balance.
About CAAR Sales Price Activity & Decreasing Inventory of Homes for Sale Home prices showed signs of bottoming out in 2011, as the median sales price (or the middle point at which half the homes sold for more and half the homes sold for less) increased 2% to $249,750. Though modest, this was the first annual increase since 2007. The median sales price in the 4th Quarter, $260,000, was 8.3% higher than Q42011. Fluvanna (-6.8%) was the only county to experience a drop in median sale price. Albemarle (+4.8%) and Nelson (+4.0%) had the most significant increases, while Charlottesville (+1.7%), Greene (+1.0%) and Louisa (+0.9%) posted more modest gains. “The last figures of 2012 continue the overall trend we’ve seen in the past three quarters of positive prices and sales
combined with lower inventory,” reports CAAR 2013 President Denise Ramey. “This strong activity has given both buyers and sellers more confidence in the health of our market.” At year end, inventory was at the lowest level since year end 2005 and 13.3% down from the year end 2011 level, continuing what might be a positive trend for price gains in the Charlottesville area (less supply coupled with gains in demand). While the 4,519 new listings added throughout 2012 (irrespective
The Charlottesville Area Association of REALTORS® (CAAR) represents more than 1,000 real estate professionals in Charlottesville and Albemarle and the surrounding areas of Greene, Fluvanna, Nelson, Louisa counties. This 2012 Year-End Market Report is produced by the Charlottesville Area Association of REALTORS® using data from the CAAR MLS. For more information on this report or the real estate market, pick up a copy of the CAAR Real Estate Weekly, visit www.caar. com, or contact your REALTOR®.
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702 Laurelwood 702 Laurelwood Formerly a 1 bedroom unit, the owner transformed space into a 2nd bedroom complete with a bunk bed! New f looring in kitchen and bath 2010. Easy walk to skiing and Mountain Inn. Recently replaced stove, fridge, heat pump, dishwasher. $89,000! Contact Brian Chase www.goWintergreen.com 434-296-9860 (479168)
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1580 Vistas
326 Laurel Springs Drive
145 Rosewood Dr – Stoney Creek
204 Shamokin Springs Trail
One of the best golf views at Wintergreen! This 4 bedroom post and beam vacation home overlooks Devils Knob holes 7,8 and 9. Nice hardwood f loors, custom windows and wood burning f loor to ceiling stone fireplace highlight this gem. Level paved driveway. Only $399,500, call Steve Marianella at 434-566-1293 or smsales1@aol.com. (495116)
New Price! Model Golf Villa with 1st f loor master, 3 bedrooms, and 3 full baths. Superb quality, ready for occupancy. RoseWood Village is a 55+ maintenance free community located in the valley of Wintergreen’s Stoney Creek. Indulge in Wintergreen’s amenities plus those of Charlottesville & UVA. Start living today! $400,000. Contact Brian Chase 434-296-9860 (458400)
Only $49,000 for this nice lot overlooking Shamokin Springs Nature Preserve at wintergreen. Quiet area yet convenient to amenities ie golf, hiking, skiing and more! Listed by Steve Marianella 434-566-1293 Owner financing available. (MLS 494295)
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1925 High Ridge Place
800 Laurelwood
NO STEPS to access these panoramic views from this furnished 3 bedroom, 3 full bath end unit condo! Ready to enjoy the fall colors or the upcoming ski season at Wintergreen, this condo complex has elevators and recent exterior renovations. Family room has wood burning fireplace, large wraparound deck, full kitchen. $450,000. Listed by Steve Marianella, 434-566-1293, smsales1@aol.com (503945)
This cozy one bedroom condo is in the heart of the resort. Walk to ski, The Market, shops and dining. Warm up in front of your fireplace and enjoy winter views. Furnished and ready for ski season. Popular rental on the Wintergreen rental program. $80,000. Call Rod Phillips 434-987-6399.
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11 Cedar Drive Great value in this well maintained, cozy furnished three bedroom vacation home. New windows, new f looring, large wrap around deck and lots of charm in this getaway at Wintergreen. Nice stone wood burning fireplace where you can warm after a brisk hike or a day on the slopes. Level driveway, good location just off prestigious Devils Knob Loop. $255,000. Listed by Steve Marianella, 434-566-1293, smsales1@aol.com (504238)
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1002 Blue Ridge Drive Like New Inside, completely renovated! This Seven (7) Bedroom & Eight (8) bath home offers Three-level mountain living. Perfect for Rental Program! Great for Multiple Owners! Enjoy a short walk to the private “Propert y Owners Only” Chestnut Springs Pool & Pavilion. Surrounded by woods in a quiet rustic setting. New appliances, counter tops and hardwood f loors. $549,800. Call Tim Craig 540-416-8498. (503988)
1453 Ledges Condo
174 Millies Lane
2044 Stone Ridge
1296 Stoney Creek West
BEST value for 2 bedroom condo with million dollar mountain views. Two generous bedrooms and 2 full baths. Large living area and dining room open to views. Summer breezes 10+ degrees cooler than valley temps. Walk to Highlands ski lift and Wintergarden Spa & Fitness Center. Furnished. $179,000. Listed by Brian Chase www. goWintergreen.com 434-296-9860 (491462)
A beautiful farmhouse-style recreation(architect Glenn German)is skillfully designed to create this unique setting overlooking mature hardwoods, sloping lawn and stream. Tasteful stone entry prepares you for the extensive sculptured rock walls defining gardens and plateaus welcoming all to sit for awhile, have a lemonade or glass of wine. Three fireplaces; many antiques will convey; Brunswick Pool Table with two chairs; new roof, newly stained exterior: just a few reasons to consider this home! $579,000. Call Joan Mummery 434531-5033. (495459)
Charming furnished 2 bedroom Stone Ridge condo overlooks the 18th fairway and Shenandoah Valley. Great location close to golf clubhouse, tennis, hiking, pool, spa & cafe. Family room has plenty of space & charming fireplace w/ hand painted details. Kitchen has opening that overlooks family room & fireplace as well as adjacent dining room. Back deck is the perfect place to dine in nice weather.$164,000. Call Rod Phillips 434-987-6399. (504138)
With ARB approval, the existing home on this golf front lot will be removed to make room for a Winterwoods Homes luxury timber frame and stone design. This special lot is within 100 yards of Stoney Creek clubhouse. Already have your own lot? Choose from any of 40+ portfolio designs. $2,725,000. Call or click for more information. www.goWintergreen.com 434-296-9860 (462919)
remier Properties
Preserving the Wintergreen legacy - Protecting your investment.
The Mountain Inn P.O. Box 706 | Wintergreen, Virginia 22958 The Mountain Inn P.O. Box 706 Wintergreen, Virginia 22958 Toll Free: 866-905-9777 | Office: 434.325.8018 | Fax: 434.325.8017 Toll Free 866-905-9777 434.325.8018 Fax 434.325.8017 wintergreenresort.com web: wintergreenresort.com email: homes@wintergreenresort.com homes@wintergreenresort.com A partnership with Roy Wheeler Realty Company.
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Enjoy the View! This well maintained 2 bedroom condo has never been rented! Located in one of the most attractive & sought after condo complexes. All Appliances and furnishings convey. Master suite has jetted tub/shower. Tile in entry and baths. Wood burning fireplace, large deck for entertaining, wall of windows to enjoy the view. Many recent upgrades include new washer, dryer, water heater and dishwasher. Easy access with very few steps from the parking lot. $205,000. Come on up and enjoy the view! Call Tim Craig 540-416-8498. (503299)
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310 Fortunes Ridge One of the few view lots available under $150K. This lot has views to the west and south, and lots of mountain laurel too. Front of lot is level for a driveway. Quiet location almost at end of cul de sac. Bring your builder or let me introduce you to one! Listed by Steve Marianella for only $149,900 tel 434-566-1293, smsales1@aol.com (501048)
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1575 Vistas Condo This spectacular 1 bedroom, 2 full bath condo lives up to its name with sweeping views of mountains and valleys. Turn-key renovated: Granite in the kitchen and baths plus elegant, high-end furnishings. Walk to Tennis, Golf, Spa. $139,000. Contact Brian Chase www. goWintergreen.com 434-296-9860 (505427)
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17 Trillium Place Fabulous 4 bedroom, 4.5 bath, 2 car garage, Trillium golf townhome set high and across from Devils Knob 17th par 3. Excellent condition and beautifully furnished. Easy walk to Spa, Nature Foundation, Ski Shuttle. Views and walkout access to golf course for evening walks. $350,000. Contact Brian Chase www.goWintergreen.com 434-2969860 (505539)
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JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
Kluge-Ruhe Aboriginal Art Collection Hosts New Exhibit
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
Piedmont CASA Receives Dominion Foundation Grant
NEWS & VIEWS
NEWS &VIEWS Piedmont CASA (Court Appointed Special Advocates) received a $2,000 grant from Dominion Virginia Power Foundation to support the cost of recruiting, training, and supervising CASA Volunteers. CASA conducts at least two training sessions each year, in spring and fall, to train volunteers to advocate on behalf of abused and neglected children in the city of Charlottesville, and in Albemarle, Greene, and Louisa Counties. Financial support to help fund training, such as that awarded by Dominion, is indispensable to what CASA does. For more information visit pcasa.org or call 434.971.
The Kluge-Ruhe Aboriginal Art Collection of the University of Virginia will be hosting a new exhibit called We Bury Our Own. The opening reception is Friday, February 1 from 5:30 to 7:30 p.m. We Bury Our Own is a series of photographs and video works by leading contemporar y Abor iginal Australian artist Christian Thompson (Bidjara). It represents Thompson’s newest body of work, which explores the spiritual repatriation of archival materials in the Pitt Rivers Museum at Oxford. The exhibit will be on display through May 19.
Big Brothers Big Sisters Celebrates National Mentoring Month Big Brothers Big Sisters of the Central Blue Ridge is celebrating National Mentoring Month by inviting program alumni to share how the BBBS Program has changed their lives. “We invite anyone who has participated in the Big Brothers Big Sister program to contact us with their story,” said BBBS Executive Director Jackie Bright. “We want to celebrate the Bigs, Littles, families and providers who have been part of the Big Brother Big Sister program and its proven track record of success.” Recognizing that “a supportive mentor can mean the difference between struggle and success” to the child, President Obama declared January 2013 as National Mentoring Month. As part of the national celebration, Big Brothers Big Sisters America has launched the alumni search, and is offering incentives to alumni through its website at www.bbbs.org. The local alumni search is part of this effort, and the Central Blue Ridge chapter hopes that some of the alumni will want to rekindle their relationship with the local agency. “The local need is great,” said Bright. “We have more than 100 children waiting for that one adult who, by giving a couple of hours a week, can make a real difference in the life of that child, and make our community a better and more productive place.” Bright is hoping to hear from anyone who has been part of the Big Brothers Big Sisters program whether or not it was here in Central Virginia. Contact her at jbright@ bbbsocbr.org or call 434-244-0882. n
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www.caar.com Charlottesville Area Association of REALTORS® 500 Hillsdale Drive, Charlottesville, VA 22901 Phone: 434.817.2227 [CAAR] • Fax: 434.817.2836
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
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Why wear your REALTOR ® pin? Because three out of four consumers would choose to work with a REALTOR® rather than an agent who is not a member.* Simply wearing your pin lets everyone know that you’re a REALTOR®, a member of the National Association of REALTORS.® *2008 Public Awareness Campaign consumer tracking study
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CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
The most valuable square inch in real estate.
www . M ontague M iller. com New to the Market
View All Area Homes for Sale and Upcoming Open Houses
New to the Market
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
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WALKER SQUARE CONDO
Off Main St. Short walk to UVA/Med Ctr. or D/T Mall. 3rd floor corner condo w/ceiling to floor doors in LR/Kit. 2 oversized BR windows. Appliances convey. MLS# 505303, $159,000. Trish Owens, 434.825.5393 O/A
48 ACRES IN KESWICK
4 BR, 3.5 BA, first floor master, great room w/cathedral ceilings, huge unfin bsmnt for expansion. Ideal for hunting, horses, small vineyard or private retreat. $549,900. MLS# 486298. Sasha Farmer, 434.260.1435
KESWICK
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
Thoughtfully designed & beautifully maintained home on 27 wooded acres. Flowing floorplan w/high ceilings, 1st floor MA suite & study for one level living. Screened porch, deck & pool. MLS# 500562, $997,500. Rives Bailey, 227.4446
GORDONSVILLE
Historic property renovated w/ attention to detail. Located near bank, Visitors Cntr, Town Hall. Owner financing possible. . Zoned B-1. MLS# 499697, $199,000. Yates Nobles, 434.227.4444
HOLLY HILL
Large 4BR house, fin. bsmnt located N of Hollymead Town Cntr, CHO airport, DIA, NGIC. MBR, sitting room, hrdwd, bay windows, intercom/stereo system. MLS# 505325, $313,400. Brad Conner, 434.953.8124
GLENMORE
Beautiful custom showcase home in an upscale-gated golf community. Built w/quality materials & craftmanship on nearly one acre. MLS# 485265. $935,000. Glenmore Marketing Team. 434.951.7160
RUCKERSVILLE
Private view of woods w/deck & creek. Neutral colors, tiled BAs & hrdwd flrs. Wood stove, ss appliances. Family rm, full Ba, & utility rm on lower level. Unfin.area for workshop/storage. MLS# 502048, $205,000. Carla Myrtle, 434.962.8913
HEART OF THE CITY !
Central to everything. All-brick home w/ wooded back, upgraded kit w/granite, island, stainless steel, & lg bump-out morning rm. FULL FIN BSMNT! In desirable CHERRY HILL! MLS# 497842, $525,000. Sasha Farmer, 434.260.1435 www.montaguemiller.com/openhouse
WAYNESBORO
Brick Home in Brandon Hills w/recently updated kit, granite counters, ss appliances, lg rooms, hrdwd floors, fin. bsmnt. Fenced rear yard w/stamped concrete walks. MLS# 505048, $259,900. Kyle Olson, 540.649.4131
PRIVACY IN W. ALBEMARLE
4 BR, 3 Full +2 half BA home nestled on 3+ acres of mature woodlands in Waverly. Bonus room with built-ins, Oak floors, generator backup, & great schools. MLS# 461096. $549,500. Rives Bailey, 434.227.4446
NORTH GARDEN
Wonderful custom home on 21 wooded acres. Arts & Crafts detailing, heart pine floors, gourmet kit, generator. Maximum privacy. Mostly hardwood forest, natural area. MLS# 497585, $449,000. Carter Montague, 434.962.3419
ALBEMARLE
Immaculate property in Still Meadow. 5 BRs, 4.5 BAs w/ample living & storage space. Extensive landscaping w/views from screened porch. Spacious interior, renovated kit. MLS# 502811, $539,000. Rives Bailey, 434.227.4446
FISHERSVILLE
Immaculately detailed home w/lg kit, DR w/trey ceiling, sun room, private den, marble FP mantle. 2 car garage, walk in bsmnt storage. Professionally landscaped. MLS# 505007, $339,000 Kyle Olson, 540.649.4131
W ALBEMARLE
3.36 acres! Views from porch! Lg foyer, formal DR, home office, great room, 1st floor MBR suite, 3 lg BRs upstairs, screened porch! 2 car garage w/bonus unf storage space! MLS# 504884, $600,000. Sasha Farmer, 434.260.1435
HOLLYMEAD
Charming story & half w/5BRs/3BAs. Pond & lake views. Fenced back yard w/raised gardens. 2 decks. Fresh paint, ext. landscaping, 2 BRs on main w/full BA & laundry. MLS# 501058, $369,500. Glenda Howard, 434.981.0839
KEY WEST
FANTASTIC VALUE! Contemporary w/ open floor plan, soaring stone FP, cathedral ceilings & clerestory windows! Lower level has office, study, full BA, fam rm, 2 car garage. MLS# 486852, $249,000. Alice Nye Fitch, 981.4562
434.973.5393 800.793.5393 Charlottesville Westfield
®
Montague Miller & Co Realtors Raising YourRaise expectations of a Real of estate Company for 65 Years We Will Your Expectations a Real Estate Company
UVABARBOURSVILLE - RUGBY RD AReA
WeSTeRN ALBeMARLe WESTERN ALBEMARLE One level living, 2 BRs &home small office/ Beautiful large country on 2+ 3rd BR/nursery. floorplan, acres w/mtn views! 5Open BRs, 4 BAs, huge screened porch &Hrdwd deck. Huge walkout bsmnt. floors,laundry crown rm/pantry/mud rm lights & level 2 acre lot moulding, recessed & upgrades. 2 w/space for MLS# gardening. MLS# 504454, car garage. 496953, $459,900. $259,000. Rives434.465.0696 Bailey, 434.227.4446 Brian McCauley,
CHARLOTTeSVILLe IN THE CITY
2+ acreslocation in a cul-de-sac! Hrdwd Private on 1 acre in floors, lovely kit w/island, near cherry cabs, & ss applineighborhood, C’ville amenities. Walk ances. FullRd FINshops BSMNT w/rec office/ to Barracks & UVA. Deckrm, overlooks library,&&creek. walkout. MBR w/ceramic tile, woods Space for ext family. Many jetted tub. MLS# 503261, $584,900. updates+3-car garage. Yates Nobles, Sal Milione, 434.882.4000 996.0888 MLS# 498232, $1,200,000
extensively renovated 1920’s near Unique opportunity! Open home floorplan, Dtown/UVA Updated hrdwd flrs.Hospital. Upscale Kit. plumbing/ LR, DR, electric, refin. hrdwd flrs,4new ext.decking/ office on main level. BRs/2 BAs on stairs, new paint, water heater, 2nd level, incl.appliances, HUGE MBR. Walkout & more. MLS# Off st 502029, prking MLS# 501791, bsmnt $295,000. $269,000. Rives Bailey, 434.227.4446 Rives Bailey, 434.227.4446
DR. TUCKER HOUSE, C. 1820 eSMONT An architectural awaiting Affordable home intreasure good condition, restoration in historic in private setting on 1.8 Buckingham acres in S. Courthouse.One Jeffersonian Albemarle. level livinginfluences, w/2 BRs, 1wellBA, proportioned rooms, FPs,Howardsville original mantels large yard. Just min 7from & and flooring. James River. MLS# MLS# 496270, 503573, $155,000. $62,500. Carter Montague, Carter Montague,434.951.7156 434.951.7156
Custom Gaffney Home. 6 BR/5.5 BA w/ FANTASTIC VALUe! Contemporary gourmet kit, cherry cabs, open floorchef’s plan, soaring stone FP,granite cathecounters, lux&MA suite w/FP, marble,Lower heatdral ceilings clerestory windows! ed floors. FR w/coffered & rm, FP, 2 3 level has office, study, fullceilings BA, fam garage on 2 acre lot. MLS# 500959, car garage. MLS# 486852, $249,000. $999,900. Rives434.981.4562 Bailey, 434.227.4446 Alice Nye Fitch,
OLD BALLARD KeY WeSTFARM
in 2013! Visit our newly designed website at from Montague Miller & Co! www.MontagueMiller.com!
EARLYSVILLE eARLYSVILLe
Bright spacious rooms, foyer, gracious Blue Ridge views fromopen this custom home. LR & formal DRw/hrdwd w/bay window. Sunroom Unique design & stone floors, w/cathedral ceiling,high updated MBA w/tile granite counters, ceilings, stone & & whirlpool rmbsmnt. w/FP. Wooded marble FPs, tub, & fullfam unfin. 5 acres, 2 acre lot, 2 car 502375, barn - potential forgarage. horses.MLS# MLS# 502489, $309,000. 434.981.1421 $899,900. Anita RivesDunbar, Bailey, 434.227.4446
OPPORTUNITIES e XC e P T I OLAND N A L VA LU e A N D LO C AT I O N O L D OLD LYNCHBURG RD BLUE RIDGE MEADOW
Exceptional & location 4.5& miles Gem of a lotvalue w/ gorgeous mtn vista out, beautiful views! Large 10 21 acres acre of lothardwoods in West. and pine. nestled Several onto building sites, Albemarle the side of stream property. Plat and soil inBear DenonMtn in Greenwood Highlands. formation.Priced assessment. MLS# 494918, below $489,000. Carter MLS# 504427, $159,900 Doug Burke Montague, 434.951.7156 434.951.7122
STANARDSVILLE GLeNMORe
4 BRs, 2.5 BAs. cottage Lg rooms w/hrdwd Gorgeous 1 level style home floors. Kitc has granite, gas, w/stunning floorplan. 3 natural level living. farm sink..landscaped Large DR & family room/ Superbly wooded lot. 2 parlor. BRs Office on 1stw/lg floor.BAs. 2 MBRs. guest upstairs Lower MLS#w/extra 499105, Doug Burke, level BR$339,000. & Kit. MLS# 504180, 996.6791, Glenmore Barb McMurry, Team,996.4120 951.7106 $589,000.
SOUTHERN NeLSON ALBEMARLE COUNTY
REDUCED!! 4.8 acre parcel, minutes 33 wooded acres, long road frontage on from Monticello, Ash Lawn-Highland, Norwood Rd. Long creek on property w/ Trump Vineyards Blenheim Vineyards. multiple building & sites. Local mtn views. Easy James accessRiver. to I-64, UVa, division Downtown Near Possible poCville. MLS# Carter tential. MLS#497146, 504989,$90,000. $59,500.Edwina St.Rose, 434.284.0094 Montague, 434.951.7156
434.227.4444 866.435.9764 Charlottesville Downtown
HOWARDSVILLe - NeLSON CO. GREENE COUNTY enjoy ruralwooded living - beautiful lot w/ Elevated mtn topblding nestled in access to James River. 5 acres open pasGreene Valley. 3.17 acres. Vacation, camptureorland w/private rd front in Highlands ing residental homesite. Min. to Conon the James. for & horses & resiway River fishing,Great Parkway VA conservadence. Deeded 30 acre rection area. Winteraccess views. to MLS# 503270, reation area. 504444, $44,800. $30,000. DougMLS# Burke, 434.996.6791 Carter Montague, 434.951.7156
GREENWOOD AUGUSTA COUNTY Elevated top nestled in Blue Ridge. Wooded mtn parcel with mtn views of 74.48 AC, 4.5&Miles from Crozet. Blue Ridge Allegheny Mtns. Several Private bldg sites, Approved springs, mature hrdwds. and Quiet! for conventional Views Greenwood/Crozet. septic. to Several home sites to Division choose rights. MLS# 495900, $799,900. from. MLS# 504136, $280,000. Kyle Doug 951-7122 Olson,Burke, 540.649.4131
GORDONSVILLE OWeNSVILLe RD
Spacious one story home. has lots elegant, casual 6,000 sq ftKit one owner of cabinets & counter space, custom home on 5+ ac. Firstconnects floor MA to dining area. LR has gas FP near with stone suite. Beautiful setting, Merihearth. MA Suite connects to private wether Lewis. extensive landscaping. bath As Is. MLS# 505118, Pool. area. MLS# Sold 498958, $1,425,000. Trish $65,000. Kyle Olson, 540.649.4131 Owens, 434.825.5393. O/A
Home
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434.951.7161 office
concierg@montaguemiller.com We’ll find you a perfect fit for all your home repair & remodeling projects!
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
CHeRRY HILL ALBEMARLE
ALL BRICK end unit w/granite counters, 3 Open land surrounding this cute story bump-out (brkfast fin. country cottage! Overrm, 13MBR/BA, acres part bsmnt w/space for add’l cleared, part wooded. 3 BR) BRs,Spacious 1 lg full MA closet, sep BA. suite Porchw/walk-in and landscaped yard.soaking MLS# tub/shower. MLS# 503334, $309,000. 504970, $265,000. Rives Bailey, Sasha Farmer, 434.260.1435 434.227.4446
W ishing You a Happy and Prosperous Celebrating 65 Years of New Year! VA Service in Central
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-02
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T HOME BUYING for newlyweds
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
FEATURE
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
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By Celeste M. Smucker, PhD
oday many newlyweds look forward to settling into their own home and enjoying the personal and financial benefits that come with it. Consequently, it is not unusual for couples to purchase a home prior to or just after walking down the aisle. Fortunately, while home ownership is recognized by most experts as a good long term investment, today’s market with its favorable prices and historically low interest rates makes it an even better bet for newlyweds looking to build equity while living in their own home. Since a home purchase is a complex process and a big financial commitment, if you are a couple anticipating the purchase of your first home it is important to gain an understanding of the real estate market along with critical features and benefits to look for in both your new home and the neighborhood it is in. Determining the size of the house you can jointly and comfortably afford is also an essential part of this process. For all of these reasons you will want to find both a REALTOR® and a local lender you trust so that you get the help you need along the way and avoid the many potential pitfalls of home buying. When should you start your search? If you and your future spouse are looking forward to a June wedding and want to purchase a new home prior to that time, the time to start the process is now. Find the Right Real Estate Professionals Finding a REALTOR® and lender to assist you with purchasing and financing your home is critical for couples buying their first house. For those with more experience, professional help is still essential. Not only are there always changes and updates in the way real estate is conducted, but Inessa Telefus, with Loring Woodriff Real Estate Associates, cautioned that people not from Charlottesville may be surprised to find that the process here is different from the last place they bought a house. The same is true of the mortgage market, which has undergone significant changes in the last several years. Julie Holbrook, Associate Broker with Charlotte Ramsey Realtors, Inc., explained that when it comes to purchasing a home, “lending is the hard part now.” She advises her buyers to gather their tax returns and pay stubs and find a local lender that they can work with. Lee McAllister, Senior Loan Officer with Fulton Mortgage, added that she encourages couples buying their first house to come for an in person meeting. continued on page 16
McConnell Angus Farm
Bellvoir
Older Cape Cod of 2,763 square feet with full basement (wine cellar) situated under tall oaks on 4.5 acres overlooking pond. Adjoining building lot securing ownership of pond also available. (See MLS#444215) Reduced to $232,000. MLS#491168
Just minutes down Rt. 29 South, this exceptional tract of 410 acres of hardwood timber features rolling to steep topography, springs, cascading streams, miles of trails, mountain views, and beautiful rock outcroppings. Offered at less than $2,500 an acre. $995,000. MLS#495947
Showcase registered Angus Farm of 350 acres in the heart of Somerset with beautiful Blue Ridge Views. Spectacular new home, show barn, lake and everything is in immaculate condition. A rare find. $5,250,000. MLS#497826
A fine equestrian estate of 43 acres in the heart of Keswick. Newly renovated brick manor home, guest cottage, 4 stall center aisle barn, board fenced pastures. Privately situated with poolside gardens and Southwest mountain views. $2,450,000. MLS#504340
River Retreat
Arrowhead Meadow
32 Thomas Ridge Lane
Kincora
Private enjoyment of trout stocked South River on 12+ acres in Greene. Immaculate newly renovated light filled home situated perfectly on plateau above river affording great pastoral, river, mountain views. Includes shop/studio $650,000. MLS#503366.
Minutes to town, this 22 acre parcel fronts on Rt. 29 South, and features open meadow, a wooded elevated plateau, year round stream, mountain views, and (2) small lot development rights. Well priced at $295,000. MLS#495949
Albemarle estate parcel of 47+ acres ideal for significant home with 2 division rights in a protected community of large farms and estates. Pastures, mountain views and frontage along Turkey Run Stream. $1,200,000. MLS#479728
Private Keswick property of 31+ acres featuring a beautiful Cyprus sided farmhouse with in-ground pool, workshop. Lovely grounds with vegetable and herb gardens, bluestone terraces and wrap around Ipe decking, wooded trails. Includes Cedar log guest cabin. $985,000. MLS#504205
E C U D E
James River Road Lots
Heathcote, c. 1915
Idyllic Nelson Cabin
Lyndhurst Farm
Beautiful land parcels in Southern Albemarle on the road to Howardsville. Good agricultural land comprising (4) adjoining parcel totaling 80 acres. $695,000. MLS#504646 See MLS#503486/403488/ 503487/503483 for individual parcel listings.
Gracious country manor of 16+ acres in the heart of Keswick. Old oaks, boxwood, guest home, 3 car-garage with workshop, fenced pastures. 4 bedroom, 4 bath home with 6 fireplaces, completely renovated and restored. $1,495,000. MLS#495458.
This is the mountain getaway you’ve always wanted. Charming chestnut cabin c.1812 on nearly 100 acres near the Blue Ridge Parkway. Fall asleep to the sound of the cascading waterfall, fish in the pond. $395,000 MLS#498621
Shenandoah Valley farm of 152 acres fronting on bold creek and adjoining Blue Ridge Parkway forest land. Renovated and expanded manor home, rental home, big beautiful cattle barn and large well fenced pasture. $900,000. MLS#495348
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
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Homes and Land of Charlottesville Virginia
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You’ve Planned your dream wedding, now let me help plan your dream home!
BLUE SPRINGS FARM • MLS#495368, $995,000
BRANCHLANDS • MLS#505322, $184,900
CARRSBROOK • MLS#505207, $319,000
LAKE MONTICELLO • MLS#505435, $165,000
RENTAL IN KESWICK • MLS#504882, $2,400/mo.
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5.82 ac. in BARBOURSVILLE • MLS#500329, $309,500
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GN WA OEWT LF E COLRF UISRO RST N EINT & LOG T
2 ac. LOTS AVAIL • MLS#500238 - $143,900
SHENANDOAH CROSSING • MLS#498434 - $35,000
PALMYRA • MLS#501958, $325,000(168.70+/- ac)
www.CynthiaHash.com
REALTOR®
CSSS, AHA, GRI, CRPS, SRES, GREEN Cell: (434) 531-5351 Email: hash@kw.com • Fax: (801) 681-0286
www.FindHomesInCharlottesville.com
1885 Seminole Trail, Suite 100 • Charlottesville, VA 22901 Each office independently owned & operated
It can all be handled by phone, she said, but especially for people new to the process if you do it that way “lots gets lost in translation.” How do you find professionals to work with? Ask friends and family members for recommendations, Holbrook said. They won’t recommend people they don’t like or weren’t comfortable working with. Start by communicating with each other, adds McAllister, since you will need to find professionals that interact well with both of you. Then ask your friends and relatives lots of questions about the people they have worked with. For example, what did they like about their REALTOR® or lender? Were they responsive? Knowledgeable? How quickly did they return calls? The same day? Within 24 hours? How patient were they? Patience is a particularly important quality in professionals working with first time buyers, said Susan Stewart with Roy Wheeler Realty. Not only must they be willing to go over the process in great detail and stay in close touch, but the REALTOR® should expect to show you lots of properties especially if you are buyers not committed to a particular neighborhood or community. New buyers typically don’t realize how little they know about how real estate
works. Holbrook shared that one of her first timers recently told her, “I didn’t have a clue. Thanks for taking me all the way through the process. I had no idea.” Homebuyer Education Buying a house is a big financial commitment and it is an important decision that affects the parties for many years. One way to become better educated on the process is to attend homebuyer education seminars. These are available at Piedmont Housing Alliance, and online at the VHDA (Virginia Housing Development Authority) website. Some real estate companies offer seminars as well. Stewart explained that her company will be offering one in March. Telefus always starts by asking buyers a lot of questions, encouraging the couple to list both pros and cons of different scenarios. This can help them work through a situation where, for example, the husband wants to live on acreage while the wife may be more comfortable living in town. In encouraging them to communicate about what they want, she asks them to develop a vision of where they will be in five years. Does it include children? If so they might be very unhappy if they buy a one-bedroom condo. How about pets? Will they need a fenced continued on page 18
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News? Send your press releases and newsworthy items for submission in the Real Estate Weekly’s News & Views to editorrew@ gmail.com
• Over 4200 sq ft including a 900 sq ft sunroom! Simply amazing home! Call for your personal tour!
Charity Cox
540-294-5682 www.homesweethome4u.net
$749,900
165 Braxton Rd
MLS# 505104 • Price $153,900
Gorgeous manufactured home on a permanent foundation,situated on 8.0 private acres. This home features an open floor plan, kitchen with center island,three large bedrms, master bedrm with walkin closet, bathrm with soaking tub and separate shower. New rear deck, water pump, and septic system were installed in 2012.This home is just like new, move in condition. There are four out-buildings that provide lots of storage space and room for a workshop. Easy access to I 64,HWY 15 and HWY 250.
1137 Jordan Store Rd Gorgeous ranch home situated on 4.053 private acres. Features two bed rooms,the third bed room was converted to a dining room,two full bath rooms and one half bath room. There is a large rear deck walk out from the kitchen. A great place to relax and enjoy nature. There is a large walk out basement with full bath room, and walk-in closet. A great area for entertainment, family room, or man cave.It has lots of potential. The Owners replaced the roof in 2006.Minutes from Zion X Roads, 30 mins from Cville.
Joseph Griffin C- 434.327.2554
MLS# 504755 • Price $149,000
“
A house is not a home unless it contains food and fire for the mind as well as the body.
Benjamin Franklin
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03 CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
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Real Estate Weekly
• Stately brick home on a large shady lot loaded with outdoor spaces!
U N D E R
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• Your chance to own a designers home! Currently featured in Better Homes & Gardens magazine for bathroom design!
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JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
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continued from page 16
yard, or acreage where a dog can run? In most cases compromise is inevitable. She described a situation where she worked with a young couple who looked everywhere for the right home. Previously the wife had lived in a neighborhood while the husband was in a town home. They finally found the perfect house, but the wife thought it was too far out. By this point, however, they were well educated about all their options and she decided she could live with the commute. The result is a happy couple that enjoys their house. Holbrook has a similar process for working with couples. One big consideration she said is how they feel about doing yard work. Career couples, or those who are away a lot may prefer a situation like a town home or other type of community that provides exterior maintenance. Couples with children or those expecting to have children in the near future may have a lot of interest in local school systems. She encourages her buyers to drive around and look at subdivisions or check out the surrounding counties if they want a more rural lifestyle, and then ask friends and colleagues at work for advice and information about advantages and disadvantages of different areas. Newlyweds may have an additional challenge in that they may be less experi-
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
“It’s important not to let the house detract from the relationship.” enced at communicating with each other than are more established couples. For this reason it is particularly important both to educate themselves and to find professionals who can help them through the process. “Every couple has their own dynamics,” said Telefus, “and the REALTOR® can be the objective party that helps enhance the process. They need someone they both trust, someone who gives them information they need so they can discuss it and make educated decisions.” She described a couple she worked with who knew when they married that they wanted a family. They both worked in the Pantops area and found a house in
the country on that side of town. Now they have three children and they still love their house and have no intention of moving. “If it’s the right house people are happy there,” Telefus explained, “and it’s the agent who helps them to get to that place,” she continued. The Critical Loan Process Most agents require that their buyers see a lender before showing them any property. The lender prequalifies them by asking questions about their monthly incomes, the amount of cash they have to work with and what if any other monthly obligations they have such as car payments or credit card debt. He or she will also run credit reports on both parties. McAllister stressed that, “it is important for couples to understand each others credit.” A big issue for many first time buyers is having enough cash for the down payment. McAllister explained that many loan programs now allow buyers to use cash gifts towards their down payment and closing costs. This means newlyweds who anticipate receiving cash as a wedding gift should let their lender know as they may be able to use the money to help pay for their new home. There are also still some government programs that offer 100 percent financing, she added. After reviewing the couple’s situation, the lender will provide a prequalification
letter that states how much home they qualify for. The result may be a surprise and “may or may not be what they think they can afford,” McAllister added. Couples then share the letter with their agent who will include it when presenting a purchase offer to the seller’s agent to prove they are good for the loan. Some Pitfalls “Couples should definitely avoid buying more house than they can afford. They can always move up,” Holbrook said. “They need to pay attention to their real goals,” she continued, “as it’s easy to buy more house than they can afford.” They also need to consider how long they expect to stay. She suggested you consult with your agent about this as “some areas are better for resale than others.” A couple’s lifestyle is also an issue in considering how much house to buy. Telefus explained that young couples frequently want to travel and have money to go out and spend time together. If they are over extended on their house this may cause stress in their relationship if it prevents them from enjoying other kinds of activities. “It’s important not to let the house detract from the relationship,” she said. Buying a house because it’s a good deal without regard for potential maintenance issues can be another pitfall,
Stewart said. She said people read about all the foreclosures and are excited about getting a good price. “Foreclosures generally need work,” she continued, “and you may not end up ahead if you have to replace the roof or make other major repairs. Don’t buy something just because it’s a good deal, especially if you don’t have funds for maintenance.” Stewart always points out potential maintenance issues when showing homes to her buyers. It’s important for them to know as much as possible up front rather than waiting for the inspection, she said. Enjoy the Ride Finding and buying a first house can be a lot of fun for newlyweds and engaged couples who have the support of caring real estate professionals. As part of the process, another resource is the local bridal show on January 20th from 12:00 pm to 4:00 pm at the Omni. According to Khaliyah Barakhyahu of Heavenly Haven Productions, the show features information that will help couples with their wedding planning, such as photographers and florists. In addition, however, they can preview products they will need in their new home including household goods and kitchenware. n Celeste Smucker is a writer, editor and author of Sold on Me, Daily Inspiration for Real Estate Agents. She lives near Charlottesville.
• Your chance to own a designers home! Currently featured in Better Homes & Gardens magazine for bathroom design!
STAUNTON YOU CAN AFFORD TO OWN! Cross the mountain for a HUGE savings!!
• Over 4200 sq ft including a 900 sq ft sunroom! Simply 105 Forest Lane Unique 2 BR dome home located amazing home!
212 Adventure Trail, Waynesboro *3 brs, 2 baths, open floor plan rancher! *Paved dr, 1 car garage, clean & move in ready! *Great location! Hurry! Only $149,900
17 Kingston Ct, Stuarts Draft *3 brs, 2 baths, cul-de-sac location! *Hardwood floors, updated light fixtures, plumbing fixtures & paint! *Move in ready! Only $137,900
on a 5.22-acre parcel in the New Land property,
$749,900
Call for your personal tour! home of the internationally-renowned Monroe
Institute. Features include a Rinnai in-floor heating and hot water heating system. The bathroom has a whirlpool bath. The interior spaces are separated by partitioning (with the exception of the bathroom), so they can be arranged to suit the new owner. Located off the main roads so the traffic is all local. $139,000
Chestnut Flats Parcel D 10.29-acre Back Country property with no electric or septic. Great for small cabin for a getaway! Part of Wintergreen Resort. Listen to Stoney Creek from this parcel. There is also a small stream on the property. Hiking trail to top of Wintergreen Mountain. $69,500 141 Blundell Hollow Beautiful Afton parcel with panoramic mountain views and easy access to 151 for commuting—only 30 minutes to Charlottesville! Zoned agricultural with no animal restrictions, parcel is ideal for the animal lover, especially horses. Mini farm has creek, board fencing, paddocks, outbuildings, and barn/pavilion converted into a 1 BR and 1.5 BA apartment with kitchenette. Ideal vacation retreat or cottage with enough acreage to still build a dream home. $159,000
84 Mongomery Rd, Staunton *County location & schools! Located just off the interstate! *Brand new, open floor plan, pick your colors! *Full walkout basement! 1 year builders warranty! Only $169,900
Charity Cox
540-294-5682 www.homesweethome4u.net
21 JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
• Stately brick home on a large shady lot loaded with outdoor spaces!
(800) 361-5155 • (434) 361-2440 www.MountainAreaRealty.com 2788 B Rockfish Valley Highway • Nellysford, VA 22958
Tommy Brannock
434-981-1486
“MEADOW RUN” GARTH ROAD
WALK TO MERIWETHER LEWIS
BEDFORD HILLS IN EARLYSVILLE
CONVENIENCE IN “JOHNSON VILLAGE”
Conveniently located between Ivy and Foxfield, in the Meriwether Lewis school district, bucolic “Meadow Run” offers a light-filled Primary Residence plus Guest Cottage and old Barn on 8.6 acres. So peaceful, yet neighbors are within a comfortable distance. Custom designed and built oneowner Home features three fireplaces, 4 BRs + 3 full Bathrms, formal LR and DR, numerous built-ins and 2-story Foyer. This is a very unique offering!
Wonderful location for this 4 or 5 BR home on a secluded lot. Enjoy nature from every window. Home Office or 5th BR with private access. Formal LR and DR. Kitchen opens to Fam Rm with fireplace. Plenty of storage and fresh paint throughout - this home is “move-in” ready!
Spacious and comfortable, this well-maintained home offers formal and informal rooms, 5 BR’s, 3 full Bathrms, lovely Sun Rm, Family Rm with fireplace and a 3-car, detached Garage. Abundant Storage. Mature, 2-Acre lot with Pool conveniently located in established neighborhood. Excellent value!
Many recent improvements including fresh paint. Nice offering in popular community located near UVA and its Medical Center - City Bus stops in front. Lots of natural light. Screened Porch/Florida Room plus formal LR and DR, and Family Rm with fireplace. Great value per SF. Neat and clean - shows well and won’t last!
Offered for $1,049,000 www.MeadowRunHome.com
Offered for $449,000 www.IvyOaksHome.com
Offered for $439,000 www.BedfordHillsHome.com
Offered for $284,900 www.HomeNearUVA.com
OFF
813 E. Jefferson Street • Office: 434-977-3033 Call Toll Free: 800-277-3033 www.RealestateIII.com • email: tbrannock@realestateiii.com
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Historic Downtown Office
BHG Real Estate III’s Top Producer for 2011
22 JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
A Virginia Tradition Since 1927
Roy Wheeler Realty Co. Celebrating Over 85 years Of trust, traditiOn, and Market leadership Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 • (434) 951-5155 • Fax (434) 951-5190
IC R P W E N
RESIDENCE/COMMUNITY/SO CONVENIENT TO DOWNTOWN, UVA & I-64. IMMACUL ATE/SPACIOUS 5BR/4.5BA with seasonal Carters Mountain views! Large kitchen w/dining area, 1st floor master suite, hardwood flooring, IMPRESSIVE finished basement. EXCEPTIONAL!! $555,000. Dan Conquest 434-242-8573 dconquest@roywheeler.com (504493)
www.rOywheeler.COM
E
Email: homes@roywheeler.com
QUIET LIVING IN FLUVANNA on almost a one acre lot just 11 miles to I-64! This home features two master bedrooms, an eat-in kitchen, living room with fireplace; full basement with 3rd bedroom option, living area and full bath. No homeowner’s association, NO DUES! $140,000. Anne Lasley Mykich, 953-9996/9857561. (504595)
GREENE LEA HOME is ready for you to move in. Enjoy relaxing on the covered front porch or on the large back deck. Cedar-sided ranch offers 3BR/2BA and spread out in the basement family room. Part of the basement is unfinished so there is plenty of space for storage or just finish for your needs. Also available for rent. $219,000. www.KathyMarkwood.com 985-6454. (502183)
LOT 10 at Langdon Woods not only boasts a beautiful 4.42 acre wooded setting for your custom home but also a two story log cabin (with bathroom) that can be used for office space or a studio. Offered for $217,000. www.MaupinGroup.com Warren Maupin, 962-8939. (422851)
WONDERFUL FAMILY HOME in Western school dis-
CUSTOM BUILT HOME in Old Trail with w/5BR, in-
GORGEOUS 1/4 ACRE PARCEL overlooking the county park in Old Trail Village, close to the pool and the Old Trail Village area. This property offers a breathtaking and unobstructed Blue Ridge Mountain view and is predominately open. $164,900. www.DeniseRamey.com Denise Ramey 434-960-4333. (500600)
OLD TRAIL VILLAGE. Bring your builder! Live in one
LIKE NEW, BEAUTIFULLY MAINTAINED home in quiet, No. Albemarle neighborhood. Convenient to airport, NGIC, UVa Research Park and shopping yet feels like you’re worlds away from town. Large, level lot w/lake view, on quiet cul de sac. 1st & 2nd floor master suites. Quality construction, great location. $649,900. www. DeniseRamey.com Denise Ramey 434-960-4333. (502545)
FOX GLENN. Beautiful 3BR/2.5BA home with garden tub, great room, deck, garage and so much more. This brand new home can be yours with little to no money down. Many other lots/floor plans available and other subdivisions as well. Call for more details and to find out how you can own a home for less than what you pay in rent. Susan Stewart 434-2423550. (502732,504709)
ONE OF GREENE County’s newest communities offer lots from 2 to 6 acres. Protected by towering hardwoods, farms and views of the Blue Ridge Mtns. Enjoy feeling worlds apart yet only minutes from shopping and No. Albemarle County. Prices range from $125,000 to $166,000. Pick yours today! MatthewWoodsonProperties.com 960-5187. (470909)
CUTE BRICK RANCHER recently renovated including new HVAC, flooring, concrete driveway and appliances. Large deck, fenced backyard and a full walkout basement for future expansion with a new full bath already installed. 10 minutes to NGIC and shopping. Immediate possession. $198,900. www.MaupinGroup.com Warren Maupin, 962-8939. (504933).
CASA NOVA has been completely rebuilt into a charming
trict w/plenty of room for kids & pets to roam. Large eat-in kitchen w/island, granite & SS appliances, opens to large FR w/FP. Private back porch overlooks large level yard. Large master has adjoining room perfect for office/exercise/nursery. Unfinished walkout basement. $649,000. Christy and Rod Phillips, 434-987-6388. (502678)
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
O P S EN U N 1 D A 4 Y
CHARMING BRICK RANCH in Ruckersville. This home has been lovingly cared for and is waiting for new owners. Offering 3 bedrooms and one bath, eat-in kitchen, living room and all on one level. Large shed has “loft” space and electricity. All on over half an acre. $159,500. www.KathyMarkwood. com 985-6454. (504298)
cluding 1 on 1st floor w/full bath, finished basement, great views of mountains & park in desirable Old Trail. Great lot, great location, beautiful home. You’ll love the screened porch off the kitchen! Enjoy walking to the pool, the town center for coffee or dinner. $539,900. www.DeniseRamey.com Denise Ramey 434-960-4333. (505000)
of Central Virginia’s fastest growing communities with amenities such as golf, walking trails, county park and pool. Two parcels that offer year around Blue Ridge Mountain views in the Creekside section. 0.57+/- ac. lot for $239,000. 0.46+/ac lot for $225,000. www.DeniseRamey.com Denise Ramey 434-960-4333. (502810, 12)
This information, although deemed accurate at the time of publication, is not guaranteed.
farmhouse emphasizing architectural design and quality materials. A wonderful location with neighboring farms and pastoral views so typical of Virginia’s scenic Countryside! Wooden floors, FP, new appliances, wine cellar, southern-style front porch and a large brick terrace for outdoor entertaining. $493,000. Duke Merrick, 9625658. (504750)
A Virginia Tradition Since 1927
Roy Wheeler Realty Co. Celebrating Over 85 years Of trust, traditiOn, and Market leadership Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 • (434) 951-5155 • Fax (434) 951-5190
Email: homes@roywheeler.com
THIS WELL MAINTAINED AND AFFORDABLE HOME offers 3 bedrooms, 1.5 baths, large rear deck and screened in side porch. The open floor plan makes this cozy cottage feel roomy and welcoming. $139,000. MatthewWoodsonProperties.com 960-5187. (504776)
THIS WOODED BUILDING LOT offers a gentle rolling topography for your ideas of a new home. The lot lays nicely for a walk out basement or tall crawl space. $19,000. MatthewWoodsonProperties.com 960-5187. (504778)
BENTIVAR. Privacy on 4 acres. 4BR/3.5BA! Open flr plan. Spacious 1st flr Mstr Ste w/tray ceiling & 2 W-I closets. Gourmet Kit w/granite countertops, center island, hdwd flrs, cherry cabinets, gas cooktop. Fantastic w-o terrace level. All BR’s have W-I closets. Entertainment size deck. 1 year Home Warranty. $669,000. Byrd@ ByrdAbbott.com 242-9600. (500852)
WESTERN ALBEMARLE adjoining lots in thriving town of Crozet. Established neighborhood within walking distance to the Elementary School. Easy Charlottesville commute. 0.46 OR 0.50 acres for $70,000. Buy both at a great price! Call Anne Lasley Mykich, 953-9996/985-7561. (502366, 68)
R D E R D A U S C TI T C IO N
SPREAD OUT on this 4 acre lot overlooking a pond. This lot has mature hardwoods for privacy and a gently sloping topography for some great views across the pond. $45,000. MatthewWoodsonProperties.com 960-5187. (505024)
www.rOywheeler.COM
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
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BUILDING PARCEL AT KESWICK. A wonderful building lot of 4.2 +/- acres with water frontage on idyllic pond. Beautiful hardwoods. New road, well, survey, soil work. Bring the builder of your choice to build your dream home! Subject Lot #2 is part of a five lot subdivision in the heart of Keswick. $159,000. JimBonner. com 951-5102. jim@jimbonner.com (444215)
A TRUE GEM on a lovely residential street in the heart of Cville. Milton Grigg-designed for the present owner, now with a modern addition. The private lot is beautifully landscaped and the home offers many doors to access the terraces and gardens for outdoor enjoyment. $965,000. Jane Porter Fogleman Jane@foglemangroup.com 981-1274. (496718)
BUILDER REDUCING INVENTORY. Nearly 4 acres,
KESWICK ESTATES. All brick 4 bedroom, 2 bath home on 2.28 acres overlooking the 15th fairway in desirable older section. Formal rooms, plus paneled library and rec room, eat-in kitchen. Plenty of room for expansion in the partially finished basement. Great value at $450,000. Phyllis Novotny, 760-0548. (504181)
IMMACULATE HOME on 3 acres sits above a large beautiful lake with tons of privacy. Built in 2005 with hardwood floors, Pella windows and Hardi-Plank siding. Perfect for full time resident or vacation retreat. Lake access with a small dock for personal use. Neighborhood also has a private sand beach, picnic area and dock. $284,500. Christy and Rod Phillips, 434-987-6399. (502440)
TRANQUIL. Spectacular Blue Ridge Mountain views from every
room in this lovely light-filled home. Set on a knoll with 8.5 acres of gently rolling land, the home’s open floor plan with a first floor master lends itself to one level living. The deck, screened-in porch and pool offer indoor/outdoor entertaining spaces. $885,000. Frank Quayle, 951-5100. www.FJQiii@aol.com (498263)
ELEGANT, CUSTOM-BUILT brick home on beautiful lot in gated community. Great floor plan w/finished terrace level. Quality evident throughout with hardwood floors, gourmet eat-in kitchen, FR w/FP, screened porch and incredible yard! Popular schools, fabulous location convenient to shopping & airport. $799,900. www. DeniseRamey.com Denise Ramey 434-960-4333. (504064)
SPRING CREEK. Golfer’s dream home sits on a lake that borders the 18th hole. The views are stunning. Lovely brick Virginia home features one floor living, 4BR/3BA, totally modern kitchen with stainless appliances, breakfast nook and bar, laundry room off the 2 car garage. Walk to the club for swimming, tennis, or golf. $350,000. Kay Sands 825-6129. (501905)
IF YOU EVER WANTED TO live in the Spring Creek Subdi-
vision for under $250,000 - now is your chance. Oversized great room flows to the dining and kitchen area, perfect for entertaining or family time. Upstairs boasts 3 oversized bedrooms with the master suite having 2 walk-in closets. Come live the Spring Creek Dream! $219,900. Sharon L. Williams, 434-906-5069. (503280)
VIEWS OF MOUNTAINS farmland and pond are visible from this home. Many upgrades have been added to this 2 bedroom, 2 bath home. Wonderful outdoor areas can be enjoyed from the covered front porch and the rear patio with fireplace. And so close to shopping. $248,000. MatthewWoodsonProperties.com 9605187. (498618)
GORDONSVILLE. This level 2 acre lot, offering privacy among large hardwoods, awaits your new home ideas. Lot is accessed by an established and shared private road for 4 lot subdivision. Located just outside the town of Gordonsville and convenient to Charlottesville or Town of Orange. $59,000. MatthewWoodsonProperties. com 960-5187. (494958)
WATERFRONT LOT with views of lake. Picture your new
LARGE WOODED LOT with the potential for outstanding Blue Ridge Mountain views from an elevated house site in a lake community. 3 bedroom, conventional perk on file with the health department. Community beach access. $18,900. MatthewWoodsonProperties.com 960-5187. (501760)
BEAUTY, STYLE AND COMFORT is the only way to describe this home. Formal rooms, family room, screened porch, large terrace, 4BR/4.5BA, fenced yard; and just some of the special features are 2 gas fireplaces, 2 central vacs, whole house generator; the list goes on and on. $579,000. MatthewWoodsonProperties.com 960-5187. (498513)
BETTER THAN NEW and views to boot! Cape Cod-style home offers 3 bedrooms, 2 full baths, large level yard and fantastic views from the covered front porch. All this conveniently located just minutes from shopping, restaurants, NGIC and UVa Research Park. $275,000. MatthewWoodsonProperties.com 960-5187. (502346)
home on one of the few remaining lakefront lots in Greene Acres. The property has been perked for an engineered septic system. $29,000. MatthewWoodsonProperties.com 960-5187. (496994)
This information, although deemed accurate at the time of publication, is not guaranteed.
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
O P S EN U N 1 D A 4 Y
Langdon Woods lot 5 enjoys privacy and a little stream that traverses on the rear of the property. Perked for a 4 bedroom home and well is already in place. Reduced to $195,000. www.MaupinGroup.com Warren Maupin, 962-8939. (425792)
24 JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
New
105 Middlebury Ln, Greenecroft
to the area?
Looking for
$355,900 MLS# 505412
something
Mountain Valley Farms Lots
to do? In the market for a
new home?
Lots starting at $225,000
Ginger Slavic 434-981-0118 - Cell
www.GingerKnowsRealEstate.com gaslavic@realestateiii.com
Licensed to Sell Real Estate in the Commonwealth of Virginia
Real Estate Weekly
CAAR
Real
CAAR
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
We’ve got you covered.
Real Estate Weekly
• 28 Lots available from 3 to 29 acres • Country Estate Living 10 MINUTES FROM UVA! • Beautiful 20 Acre Lake • Pick your views- water or mountain • Perfect for a rural, tranquil lifestyle • New Owners & New Pricing • Come see this hidden gem!
MLS# 503433
Relax...
CAAR
• 4 Bedroom and 3 ½ Baths • First Floor Master • Over 3,100 finished square feet & 2 car garage • Custom Kitchen with Stainless Steel appliances • $17,400 below Assessment! • Many ENERGY EFFICIENT features • Owner/Agent
A Virginia Tradition Since 1927
Roy Wheeler Realty Co. Celebrating Over 85 years Of trust, traditiOn, and Market leadership Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 • 434-979-9200 • Toll Free: 800-211-4494
www.roywheeler.com/property/charlottesville-farms-and-estates
PRIVACY AND SECLUSION at end of private, country road. Unique compound of custom built contemporary main house, guest/pool house, 3 stall center-aisle barn and charming 2 bedroom rental cottage. Western School District. Property is 8 acres yet feels like much more. Peaceful setting among pastures and woods just minutes to town. $1,550,000. Adrienne Masterson, 5312285. (502836)
BUILD YOUR DREAM HOME on this wonderful building site. Surrounded by open land, woods and mountain views. No homeowner dues! This is raw land, the owner will plat 21 acres off the existing 27 acre tract for $175,000 or 27 acres for $200,000. Jan Shiflett, 2426057. (502948)
FANTASTIC LOCATION OUT GARTH ROAD to Free Union Road. Delightful mix of 2 acres rolling pasture and 9 acres hardwood forest with pastoral views and privacy. Division available up to 4 lots. $395,000. Ginger Ashcom 978-1066/953-8045. (504000)
ATTRACTIVE 21 ACRE PARCEL in the White Hall area of Albemarle County on Garth Road about 12 minutes from Barracks Road Shopping Center. Several home sites. Plenty of pasture and a perennial stream runs along the southern boundary. $548,000. Ginger Ashcom 978-1066/953-8045. (491691) Additional acreage available.
VERY PRIVATE building site of 42 acres with beautiful mountain views in western Albemarle nearby land in conservation easement. Suitable for two dwellings but may not be further divided. Additional land available. $849,000. Ginger Ashcom, 978-1066. (487373)
123 ACRES OF PRIVACY in Louisa and a great location for a secluded farm or private home site. Mostly wooded, but includes two large and secluded fields ready for any agricultural use. $325,000. Maury Atkins 540-223-2719. (497995)
MOSTLY WOODED 173 acre tract with superb frontage on Route 33 in Louisa. Beautiful rolling woodland with primarily mixed growth hardwoods, one section in pines. Old home place still standing. $499,000. Maury Atkins 540-223-2719. (497993)
AVENTADOR. Spectacular Albemarle estate overlooking a pastoral river valley. Gently rolling, board fenced pastures, old oaks and idyllic pond. Beautiful new brick Georgian manor home of 10,000+ square feet of the finest quality and detail. $4,250,000. JimBonner. com 951-5102. jim@jimbonner.com (493869)
GIVE ME LAND, LOTS OF LAND. How about 652 acres of rolling woodland near the James River in Nelson County? Perfect retreat for hunting and the river for fishing (with river access). Miles of good interior roads and trails with springs and streams traversing. Offered at less than $1,800 per acre. Divisions possible. $1,150,000. JimBonner.com 951-5102. jim@jimbonner.com (500388)
GLENDOWER, c. 1808. Classic Albemarle estate of nearly 600 acres featuring a rich history with a charming brick guest cottage dating to 1745. The handsome brick and slate main residence, of over 8500 sq. ft., was expanded in the 20th century with the help of noted architect, Floyd Johnson. A rare offering. $5,250,000. JimBonner.com 951-5102. jim@jimbonner.com (496651)
IVY FARM ESTATE. Beautiful brick Georgian home, built in 1976, of the finest quality, on a private plateau overlooking Ivy Creek, with 55 acres of rolling fields and forest, just minutes to town. Classically proportioned rooms, with 4 bedrooms, 3 full and 2 half baths. Garage and pool. More land available with division rights. $1,495,000. JimBonner.com 951-5102. jim@jimbonner.com (503476)
TURKEY RUN ESTATE PARCELS. Large estate parcels of 21 to 52 acres of gently rolling fields and forests in Albemarle County along historic Blenheim Road. Ideal for horses with extensive community trail system. Offered from $275,000. JimBonner.com 9515102. jim@jimbonner.com
TIMBER FRAME & STONE. Existing home on this golf front lot will be removed to make room for a Winterwoods Homes luxury timber frame and stone design. Special lot is within 100 yards of Stoney Creek clubhouse. Already have your own lot? Choose from any of 40+ portfolio designs. Dobie Mtn. Lookout design shown. $2,725,000. www. TheChaseTeam.com 296-9860. (462919)
K
E
S
W
IC
K
home near 64 in Fluvanna. OVER 13 ACRES INCLUDED! Full basement, paved circular drive, attached 2 car garage PLUS a detached garage/workshop. Includes a one year home warranty! Call Maury for details. $235,000. Maury Atkins 540-223-2719. (501792)
KINCORA. Private Keswick property of 31+ acres featuring a beautiful Cyprus-sided farmhouse with inground pool, workshop. Lovely grounds with vegetable and herb gardens, bluestone terraces, wrap around IPEX decking, wooded trails. Includes Cedar log guest cabin. $985,000. JimBonner.com 951-5102. jim@jimbonner.com (504205)
This information, although deemed accurate at the time of publication, is not guaranteed.
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
ONE LEVEL LIVING in this spacious brick ranch
A 10 C 0 R E S
W A HO R M R A E N T
Y
SPECTACULAR panoramic view from this land!! Super opportunity to build your dream home, horse farm, private & very protected site. Land can be cleared, has many more high spots on it and a couple of creeks. 54 acres. $679,000. (457575) Jane Porter Fogleman Jane@foglemangroup.com 981-1274.
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
25
GOING GREEN
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
26
WHY IT PAYS TO USE A REALTOR®
M CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
BY CELESTE M. SMUCKER, PHD any couples look forward to buying a home and enjoying the associated financial and personal benef its. Fortunately, for those in the home buying mode, not only is it still a buyers’ market, but interest rates continue at all time lows; and of course, when two people combine their finances, they can afford a nicer house. If you’re ready to purchase a home, there are many reasons why it pays to use the services of a professional REALTOR®. Not only are they experienced negotiators, but they are familiar with the value of properties in your area and know the other professionals, such as inspectors, attorneys and lenders, all of whom must work closely together to get you to closing on time with a minimum of fuss. Your agent will start by asking a lot of questions about the type of home you want and determine if you have special requirements. You will want to consider not only the home and the yard, but also the neighborhood. You also will need to decide if you want a single family home,
a townhome, or a condo. Another important step is to confer with your lender to find out exactly how much home you qualify for and to obtain a prequalification letter. In some cases you may want two letters, one that states the most you feel comfortable paying on a monthly basis, and another that states the maximum you qualify for. That way, if your perfect home is just a little more expensive than you expected, you can still prove you are good for it if you decide to make an offer. When you and your agent are clear on the type of home you want, they will line up appointments for you to see some interiors. As a professional who sees lots of houses and who is familiar with the inventory, your agent will be able to point out the features and benefits of each property and advise you about whether it is appropriately priced for the neighborhood. When you find a home you love, your agent will consult with you about how to structure an offer that will be appealing to the seller. While price may be first and foremost, there are many other considerations that are part of the negotiation. Questions such as how quickly you can get loan approval and go to closing,
whether you are asking the seller to leave appliances, when you will do your inspection, and the size of your earnest money check can all influence the seller’s acceptance of your offer. Having a professional agent on your side to help you structure your offer and then present it convincingly to the seller’s agent are crucial to achieving a successful outcome. At this point, your agent’s job is to help you purchase your home at the best possible price and for the most favorable terms. It is always great news when you learn that a seller has accepted your contract. While it may feel like the most difficult part is behind you, in fact this is when your agent will really go to work. At this point their job is to coordinate the many tasks that must be completed so that you move smoothly to closing. A big milestone along the way is the home inspection. For this you hire a qualified inspector to examine every part of the house, including the attic and crawl space, test the appliances and check the heating and air system. They also will look for leaking pipes, possible electrical problems, wood rot, the integrity of the roof and a host of other issues that may
impact the value of your investment and the quality of your life in the home. When they present their report, once again your agent goes to work. If there are issues with the house, your agent will create an addendum to present to the seller’s agent requesting the repairs you would like completed prior to closing. Certain types of repairs may be required as a condition of obtaining your loan or to assure the appraisal. This can be a delicate part of the process, and you need all of your agent’s experience and skill at negotiation to assure the contract stays on track. Once the main home inspection is complete, your agent will be busy facilitating completion of other inspections that may be required, such as radon, termite and well and septic if the house is in a rural area. They also will coordinate with your lender, your attorney and/or title company to confirm that all paperwork is complete as well as negotiate dates and times of the seller’s move out so that you know exactly when you can move in and begin enjoying your new home. n Celeste Smucker is a writer, editor and author of Sold on Me Daily Inspiration
So happy together…
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
27
On the website, you'll find the area's best... • Photographers • Jewelers • Wedding planners • Stylists • DJs
inspiring content in the magazine, we’re your first stop on the road to wedded bliss. CENTRAL VIRGINIA’S BEST GUIDE TO GETTING MARRIED
• Bridal shops • Lodging options • Caterers
...and much more!
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
The perfect companions, C-VILLE Weddings and cvilleweddings.com provide brides-to-be with a comprehensive guide to planning their big day. With vendor listings online and fresh,
• Videographers • Venues
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
28
Farm, EstatE and rEsidEntial BrokErs
mEriWEthEr school – close to town, 5 Br, brick georgian, elegant and comfortable, superbly constructed and beautifully decorated with over 8,500 total sq/ft. rEal valuE at $1,495,000. Jim Faulconer (434)981-0076 mls#503530
EnJoY YEar-round BluE ridgE mtn. viEWs from this 4,131+/- finished sq.ft. residence on 9.82+/ acres approximately 12 minutes west of charlottesville. 4 Br, 4 Ba, formal & informal spaces. murray/henley/ Western albemarle school districts. $789,000. mls #496068 steve mclean (434) 295-1131 ofc/9811863 cell.
ExtraordinarY contEmPorarY of highest quality, designed by stoa. offering panoramic Blue ridge views, river frontage, 42 acres including 2nd buildable parcel, 4 Br, pool, 1st floor master & more. tim michel (434)960-1124 #489522
BlandEmar Farm EstatEs - the setting is exceptional with bold mountain views, beautiful streams and hardwood forest and lovely open pasture land. andrew middleditch, 981-1410.
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
octonia highlands - unique preservation community located approximately 20 miles north of charlottesville offering 21 estate parcels ranging in size from 2 to 3.25+/- acres. magnificent farmland, mtn. & Blue ridge mtn. views. Protected area & very scenic! Prices from $95,000 - $175,000. steve mclean (434) 295-1131.
doWntoWn classic. gracious 4Br brick residence, superb location just off Park street within walking distance to downtown mall. this charming home is quality-built with well-proportioned rooms, large unfinished basement, detached 1-car garage, private fenced-in backyard. $794,500 steve mclean (434)981-1863 mls#499564
Fabulous value and location! classic brick georgian with modern floorplan, over 7000 finished sq/ ft. Excellent craftsmanship and quality materials, main level master, gourmet kitchen, much more. $1,599,000 Jim Faulconer (434)981-0076 #496416
lovely brick home built in 1987 in Farmington. living & dining rooms, library, sunroom, spacious, bright kitchen & guest suite on 1st floor. three bedrooms on 2nd flr. + bonus room, lots of closets & office or playroom. Exquisite grounds, rock walls, slate terrace, garden areas. $1,750,000. Betsy swett, 249-2922, mls#499712
ivY - Quality 5,600+ fin. sq.ft. custom home designed by vito cetta offers superb craftsmanship & superior finishes both inside & out. gorgeous rural setting, 42+ private acres, pond, streams, 1 mile of hiking trails - all within 8 miles of uva. guest apartment, pool, pool house/workshop, 3-car garage. $2,200,000. mls #505441. steve mclean (434) 9811863.
toWnhomE dEvEloPmEnt ProPErtY - rare opportunity for townhome development on 28+ acres in lexington, virginia. Wonderful views & easy access to rt. 11 & i-81. Preliminary plan for 122 townhomes has been approved. $779,000. mls #500654 steve mclean (434) 295-1131 ofc/981-1863 cell.
PicturEsQuE rural sEtting - 101+ acres of pristine rural countryside located in eastern orange county. charming 3Br/2.5Ba home, complete privacy, beautiful setting, great mix of open & wooded land, barn, storage buildings & huge pond. $850,000. mls #493830 steve mclean (434) 295-1131.
tuckEdaWaY - timeless character & charm are embodied in this early vernacular home on 9 acres. truly tucked in an idyllic private valley with a meandering stream & beautiful rock outcroppings yet totally convenient to town. lovingly maintained & first time on the market in 40 + years. charlotte dammann (434)981-1250 $598,000
stony Point. like new. hardwood floors, gourmet kitchen, two fireplaces, 3 bedrooms, bonus bedroom/office, 2.5 baths, upgrades include: new hvac, new roof, whole-house-generator, fenced yard, extensive decking. mls 502746. $269,000. call Elizabeth Feil matthews, 1-434-284-2105
503 FaulconEr drivE - charlottEsvillE, virginia 22903 PhonE (434) 295-1131 Fax (434) 293-7377 Email: homes@mcleanfaulconer.com - WEBsitE: www.mcleanfaulconer.com
Farm, EstatE and rEsidEntial BrokErs
Fox ridgE Farm - spectacular 200+ acre country estate offers extensive equestrian facilities, complete privacy, extensive frontage on moorman’s river & sweeping Blue ridge mtn. views. Elegant brick manor home, pool, pool house, multiple residences/cottages. numerous outbuildings, 6 ponds, trails. $12,950,000. mls #503593 steve mclean (434) 295-1131.
Exquisite English country home on a premiere 2.5 acres in keswick Estates. lovely views of the golf course & mountains in the distance yet very private. the architecturally designed 7000+ sq ft residence offers lr; dr; gourmet kitchen; library, & office; media rm & 4 additional Bdrs. c dammann (434)981-1250. #451592 $2,500,000
ivY oaks - wonderful 4 bedroom house privately situated on 2 acres in ivy. minutes west of the city limits, convenient to schools, shopping $479,000. charlotte dammann (434)981-1250 #486644
ivY vallEY-superb and spacious 6 Br brick georgian; over 11,000 sq/ft offering quality construction, moderate technology; finished with beautiful materials and details; Blue ridge views and mintues to town. Well priced at $1,795,000. Jim Faulconer (434)981-0076.
shEEP crEEk Farm - spectacular mountain retreat situated on 96 acres adjacent to the Blue ridge Parkway & Peaks of otter. gorgeous contemporary custom residence w/ multi-level decks overlooking a wonderful mnt. spring creek. andrew middleditch (434)981-1410 or charlotte dammann (434)981-1250.
“Woodville” c. 1892 -lovely country estate in a pristine park like setting of over 21 acres in southern albemarle. very private setting with mountain views room for horses. andrew middleditch, (434)981-1410. #504165
Exceptional Waterfront Property on the rivanna reservoir, offered for the first time for sale. Winding river & mountain views. 10 minutes to Barracks road. this special property contains two historic log cabins incorporated into a modern family retreat on 10.5 acres, designed by the renowned architect marshall Wells. 4 fireplaces, cathedral ceilings, gunnite pool with pavilion and pool house. virginia soapstone and river rock used throughout. $1,295,000 (mls# 505609) Elizabethfeilmatthews@gmail.com 434-284-2105
kEsWick countrY cluB-spectacular new residence on golf course, PricEd to sEll!!! 10,000 total square feet (7,794 finished), superb quality and craftsmanship, Priced below tax assessment: $1,975,000. Jim Faulconer (434) 981-0076
stunning mountain viEWs! 10.057 acres in reva area of culpeper. Breathtaking views and a pastoral and protected setting. conveniently located, 1 mile from us-29. $162,500. call Will Faulconer(434) 987-9455. mls#502816
remarkable home with more than enough space for the whole family! Quality built with private back yard and community access to the reservoir. Walk out basement has kitchenette & full bathroom. gail hubbard (434)242-7073. #502934
immaculatE condition - 3 Br brick home, just south of town, on 1.27 acres, almost level yard, in “like-new” condition. Features include: formal living and dining rooms, spacious kitchen/family w fireplace. large deck, over 2,000 fin.sq.ft. and 2000 unfin.sq.ft. well priced, $369,000. mls#498687. call Jim Faulconer (434) 981 0076
holladaY housE- Queen anne style victorian circa 1883 residence is elegant & gracious. located on the campus of hampton sydney college on 3.38 acre. $395,000 charlotte dammann (434)9811250 #504300
503 FaulconEr drivE - charlottEsvillE, virginia 22903 PhonE (434) 295-1131 Fax (434) 293-7377 Email: homes@mcleanfaulconer.com - WEBsitE: www.mcleanfaulconer.com
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
Pristine mcguffey hill condo- complete renovation 2012. all new: stainless steel appliances, hardwood floors, bathrooms. one block from downtown mall. $ 365,000. Elizabethfeilmatthews@gmail.com 434-284-2105 mls# 505640
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
29
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
30
HOME SALES S T A T S FOR THE WEEK ENDING 01-04-13
There were
20 SALES in the seven-county area.
THE
ADVERTISING Beth Wood ads@caar.com 434.817.9330
124 HARRIS ROAD
CITY OF CHARLOTTESVILLE $225,000 $200 per fin. square foot On market for 0 Days
Lindsay Bowerman salessupport@caar.com 434.220.1685 EDITORIAL COORDINATOR Joanne DiMaggio editorrew@gmail.com
• Four were in Albemarle with
an average price of $240,150
GRAPHIC DESIGN Max March max@c-ville.com
• Three were in
Charlottesville with an average price of $178,167
• One was in Fluvanna with a price of $103,000
Staff:
1138 HOLLANDS ROAD FLUVANNA $103,000 $107 per fin. square foot On market for 5 Days
Lian LaRussa lian@c-ville.com Sean Raynor sean@c-ville.com
• Five were in Greene with an average price of $224,969
• Two
were in Louisa with an average price of $247,500
CAAR
• One was in Madison with a price of $240,000
95 MAGNOLIA COURT
• Two
were in Nelson with an average price of $127,500
• Two
were in Orange with an average price of $218,500
5
4
Crozet
2
Scottsville 6
Orange
15
29 20
33
Gordonsville
Louisa
22
33 53
20
29
Nelson
3
Charlottesville
6
1
15
231
250
151
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
Greene
Albemarle 240
64
2
Madison 33
15
64
Fluvanna 6
250
1
2
SAMPLE
Sales:
PREDDY CREEK | GREENE COUNTY $257,000 $112 per fin. square foot On market for 18 days
Local Government Information (Note: Real estate tax information gathered from local government Web sites and is believed but not guaranteed to be accurate as of publication date. Towns may assess real estate taxes in addition to those charged by each county.)
CITY OF CHARLOTTESVILLE www.charlottesville.org Real estate tax rate: $.95 per $100 of assessment ALBEMARLE COUNTY www.albemarle.org Real estate tax rate: $.762 per $100 of assessment FLUVANNA COUNTY www.co.fluvanna.va.us Real estate tax rate: $0.5981 per $100 of assessment GREENE COUNTY www.gcva.us Real estate tax rate: $.69 cents per $100 of assessment LOUISA COUNTY www.louisacounty.com Real estate tax rate: $.65 per $100 of assessment MADISON COUNTY www.madisonco.virginia.gov Real estate tax rate: $.59 cents per $100 of assessment
1087 OLD FOX TRAIL LANE WESTERN RIDGE | ALBEMARLE $289,000 $129 per fin. square foot On market for 81 days
NELSON COUNTY www.nelsoncounty.com Real estate tax rate: $.60 per $100 of assessment ORANGE COUNTY http://orangecountyva.gov Real estate tax rate: $.72 cents per $100 of assessment
The REAL ESTATE WEEKLY is published weekly by the CAAR Real Estate Weekly, Inc., a wholly owned subsidiary of the Charlottesville Area Association of REALTORS®, Inc. Copyright All rights reserved. Reproduction in whole or in part without permission of the publisher is strictly prohibited. All advertising published in the REAL ESTATE WEEKLY is believed to be truthful and accurate. No advertising will be published in the Real Estate Weekly if it is known to be inaccurate or untruthful, but this publication does not warrant, nor is it liable for, the accuracy or truthfulness of the advertising placed within this publication. Neither the CAAR Real Estate Weekly, Inc., nor its corporate parent, the Charlottesville Area Association of REALTORS®, Inc., assume any responsibility and shall have no liability whatsoever for errors, including without limitation, typographical errors or omissions in the REAL ESTATE WEEKLY. Any reference made to the CAAR Real Estate Weekly, Inc. or the Charlottesville Area Association of REALTORS®, Inc. is not to be construed as making any representation, warranty, or guarantee by the corporations concerning the information on properties advertised in the REAL ESTATE WEEKLY. The content of all ads contained herein are solely the responsibility of the advertiser. The opinions and statements contained in advertising or elsewhere in this publication are those of the authors of such opinions and are not necessarily those of the CAAR Real Estate Weekly, Inc., or the Charlottesville Area Association of REALTORS®. The CAAR Real Estate Weekly, Inc. reserves the right to edit or refuse any advertising it deems inappropriate or misleading. No advertising will be published in the Real Estate Weekly if it is known to be inaccurate or untruthful. Every effort has been made to assure accuracy, but this publication does not warrant, nor is it liable for the advertising placed within this publication. This publication will not accept advertising that refers to or attempts to establish fees or rates of commissions charged for services rendered. Information on advertising placement may be obtained by calling 434-817-9330. All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination.” Virginia Fair Housing Law also makes it illegal to discriminate because of elderliness (age 55 and over).
We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
CAAR Real Estate Weekly Is printed on 100% recycled paper
308 E. East Main Street • Charlottesville, VA 22902 Tel.: 434-817-9330 • FAX: 434-817-2714 e-mail: ads@caar.com Send your news and/or press releases to editorrew@gmail.com
DANCING CREEK FARM -
CHATEAU CHARMAROLLES III -
ALBEMARLE COUNTY
ALBEMARLE COUNTY
208 acres in southern Albemarle County. This property must be seen in the winter to fully appreciate all it has to offer. Beautiful hardwood forests and many additional building sites can be found on the 208 acres locates 20 minutes from Charlottesville. A 200-yr old 3bed 2bath timber frame house was moved to this site in 2000 with 9.5 ft. ceilings, a copper and slate roof and wrap-around porch overlooking the valley. Additional development rights, walking and jeep trails with privacy and easy accessibility to town. $1,100,000 MLS 504458
Historic Greenwood, 55-ac. A 5 bedroom French Provincial located at the center of a private 55-acre tract in the Historic greenwood district of W. albemarle Co. Ideal for a horse enthusiast or someone seeking privacy and strolls along miles of trails on Stockton Mill Creek. A spacious home with high ceilings, beautiful moldings, gourmet kitchen, 5-bay detached garage, scenic views and privacy. $1,695,000 MlS 497049
JANUARY 17 - JANUARY 23, 2013 n ISSUE 22-03
Virginia Sporting EStatES
31
Murdoch Matheson
434.981.7439 & 434.951.4185 • mmatheson@farmandestate.com • www.murdoch-matheson.com
Encouraging and accepting diversity in your neighborhood gives us all a richer life.
Celebrating the 40th Anniversary of the Fair Housing Act
www.ARicherLife.org Piedmont Housing Alliance’s Fair Housing Program 434-817-2436
CAAR REAL ESTATE WEEKLY n WWW.CAAR.COM
Live life in full color.
401 Park Street Charlottesville, VA 22902
434.977.4005 lwoodriff@loringwoodriff.com
STATELY ELEGANCE ON STUNNING PARCEL
ONE-LEVEL LIVING IN DUNLORA
owensville road $1,295,000 Situated on over 4.5 manicured acres with just under 6,000 finished square feet and only minutes to town. This stately home is rich in character with impressive moldings, high ceilings and exceptional attention to detail. The rooms are gracious and the design thoughtful with both formal and informal spaces, a 1st-flr master suite, cozy family room, large open kitchen & light-filled sunroom which overlooks the exquisite grounds & infinity pool. A perfect home for entertaining! Lindsay Milby (434) 962-9148.
1319 PENDLETON COURT • $380,000 One-level living, open design, impressive vaulted great room and abundant natural light describes this rare offering located on a private cul-de-sac in the front section of Dunlora. The rooms flow naturally from formal to informal spaces with a split bedroom design, private master suite, 1st-flr laundry and 2nd-flr loft with attic storage. Lindsay Milby (434) 962-9148. MLS# 505195
STATELY HOME ON 3 PRIVATE ACRES
INCREDIBLE VALUE AND QUALITY
CONVENIENCE IN ALBEMARLE
2835 EARLYSVILLE ROAD • $575,000 Custom built home on a beautiful secluded lot, just 6 mins to Barracks Rd & 4 mins to Hollymead Town Ctr. Grand foyer, formal dining/living rms, kitchen w/eat-in, great room & 1st-floor BR. Gorgeous hardwoods, extensive trim details & crown molding. Pool & cabana. Erin Garcia (434) 981-7245. MLS# 503874
23 ACRES MOMENTS TO UVA • $1,199,900 Totally private, tranquil estate property moments from town. Remarkable design, finish & setting. The 6,500 sf residence incl’ 5 BR & 5.5 BA. Energy features incl’ Amvic building system & solar water heaters. Protected setting adjacent to a large estate in easement. Dennis Woodriff (434) 531-0140. MLS# 505033
5295 TANAGER WOODS • $650,000 Custom-built home just 10 mins to Hollymead Town Center on a private, partially wooded/cleared lot. With both 1st & 2nd flr master suites, gorgeous hardwoods throughout, formal living & dining rooms. Expansive front porch and spacious deck. Full finished basement. Erin Garcia (434) 981-7245. MLS# 504288
BRING YOUR OWN BUILDER – REDUCED
DRAMATIC LIVING STEPS FROM UVA
DOWNTOWN CLASSIC WITH APARTMENT
TANAGER WOODS PARCEL • $164,900 Spectacular, level 3.4 acre parcel in Tanager Woods on quiet cul-desac with mature hardwoods. In N. Albemarle, Tanager Woods is a small established community with parcels of 2-7 acres. Well on the property provides 50 gallons/min. Affordable, coveted lot ready to go with 4-BR soil test with beautiful surroundings. MLS# 504712
UNIVERSITY CIRCLE • $595,000 A modern interior is combined with a classic 1916 Beaux Arts exterior to create a unique offering only mins to Downtown. Features incl’ high ceilings, heart pine flrs, new kitchen & bathrms, open design, abundant light, built-ins, large walk-in closets, front/ rear porches. Lindsay Milby (434) 962-9148. MLS# 498147
726 PARK STREET • $525,000 This classic, N. Downtown home on over 1/3 of an acre offers 5 BR & 3 full BA in over 2,800 sf of sunny, sophisticated living spaces within walking distance of Downtown. The terrace-level apt is light filled & charming, as is the entire home. New roof, rear play area, garage, quality 1950’s brick construction. MLS# 505556
QUALITY, PRIVACY AND PROXIMITY
260 TERRELL ROAD WEST • $949,000 This gracious 1-level Craftsman sits on 3.48 serene acres less than 3 miles from UVA. Custom built & recently remodeled, offering a stunning kitchen sunroom, commercial appliances, a master w/large windows overlooking a pond, elegant master bath, 3 wood-burning fireplaces, a nanny suite and add’l bedrooms on walk-out lower level. Joan Jay, (434) 906-1806. MLS# 502782
2461 Garth road $649,000
GARTH RD PROPERT Y ON 3 ACRES – REDUCED
Highly desired Western Albemarle home located on immaculately maintained 3 acres. This beautiful property has the convenience of proximity to town along with secluded mountain views. One-owner, all-brickhome, hardwoods, 2 fireplaces. All bedrooms & living space are on the 1st floor for 1-level living. Finished basement as a media room. 2-car garage, used as a workshop/ converted to cottage/home business. Energy efficient. Endless possibilities. Erin Garcia (434) 981-7245. MLS# 504211
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