The Real Estate Weekly 1.17.2018

VOL. 27 NO. 3 n JANUARY 17 - JANUARY 23, 2018

WWW.CAAR.COM

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 ®

FREE

A PUBLICATION OF THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS® Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange, Augusta

CAAR Publishes 2017

Opportunities and Resources Abound for

FIRST-TIME BUYERS

FOURTH QUARTER & YEAR-END HOME SALES

BY CELESTE M. SMUCKER

FOR SALE

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

2

Open House

New to Market

Join Our Team

Open Jan. 21st

Are you thinking about a career in real estate?

Are you an experienced real estate associate looking for a change?

2022 Chesi Circle

1-3

$459,000 - #569933 – Wickham Pond Premium lot, 2-car garage Christopher Eagle, 434-284-0425 DIR: 250 W to R on 240/Three Notched Road. L into second Wickham Pond entrance on Wickham Place. Go straight to Chesi Circle. House on L of cul-de-sac.

Mortgage Partners

Wonderful 4 BR Home

Albemarle Lake, Albemarle Co. $459,000 – MLS #570495 2-car garage, privacy on almost an acre D. B. Sandridge, 434-984-7479

To Be Built – Spring 2018 Delivery!

Greene Mtn Lake, Greene Co. $249,900 – MLS #570607 Jefferson model with open plan, 3 BR Tim Carson, 434-465-0846

At Real Estate III, we provide all of the training and tools you will need to launch a successful career.

We are redefining real estate in our area!

For more information call or email Tele Jenifer - Talent Attraction Director and New Agent Coordinator at 434-249-5915 TeleJenifer@RealEstateIII.com.

New to Market

Featured Builder Traditional Homes of Albemarle

Ben Aliff 434-996-0016 NMLS #202242 Movement Mortgage, LLC is an Equal Housing Lender. NMLS # 39179 (www.nmlsconsumeraccess. org) | 877-314-1499. Movement Mortgage, LLC is licensed by the "Virginia Bureau of Financial Institutions" #: MC-5112. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in.

Borrowers must qualify at closing for all benefits. “Movement Mortgage” is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company.

Impeccable End Unit Townhome Old Trail, Albemarle Co. $207,000 – MLS #570636 Mountain view! High-end finishes!

Gracie Haines, 434-953-8183

Fannie Mae Online Reserve Auction Lakeside, Louisa Co. $164,900 – MLS #570633 Thru 1/31 – call agent for details Kathy Conlon 434-531-2225

For more information visit www.traditionalhomesofalbemarle.com or contact Tim Carson 434-465-0846.

Feature Properties

Classic Manor Home -154 Acres

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

Woodville, Rappahannock Co. $1,950,000 – MLS #564156 Rolling pastures, pond, 60 ac of forest Rick Kohler, 540-675-1373

Excellent 83 +/- Ac Farm

Pratts, Madison Co. $495,000 – MLS #568871 Shaded paddocks, perfect for horses/cattle Jimmy Lavin, 804-869-2969

With 25 Years of Experience in the New Home Industry, Traditional Homes of Albemarle is proud to offer affordable priced homes with high quality construction and appointments. Tony Davis is highly motivated to deliver a great value to each of his homeowners and to ensure it will be a very sound investment for the future. Tony and his assistant and project coordinator, Lisa Shortridge, both provide attention to detail.

Georgian Custom Home Glenmore, Albemarle Co. $950,000 – MLS #561455 Attention to detail, 5 BR, 4.5 BA Jeff Gaffney, 434-981-1882 www.1695PaddingtonCircle.com

Immaculate 5 BR Home North Pines, Albemarle Co. $467,500 – MLS #567676 2 large master BR, 4.41 acres Dan Pettitt, 434-305-9471

Premier Luxury Condo

27.323 Acre Property

White Gables Condos, Albemarle Co. $735,000 – MLS #551517 Spacious 1 level living, great location Len Mailloux, 434-981-1972

Haywood, Madison Co. $495,000 – MLS #560929 Brick home, cottage and so much more Charles Shifflett, 434-882-0169

Special Country Retreat

New Home Under Construction

Barboursville, Albemarle Co. $425,000 – MLS #565353 2+ acres, winter mtn. views & more Len Mailloux, 434-981-1972 Bruce Langevin, 434-996-2693

www.RealEstateIII.com FindHome@RealEstateIII.com

Barboursville, Albemarle Co. $369,900 – MLS #565908 Min to NGIC & shopping, full bsmt Tim Carson, 434-465-0846

503 Faulconer Drive Charlottesville ∙ VA ∙ 22903 p: 434.295.1131 f: 434293.7377 e: homes@mcleanfaulconer.com

JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

3

EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers

RIVANNA FARM

30+/- acre riverfront, country estate with sweeping Blue Ridge Mountain views. The Rivanna River flows along the farm to the west. Surrounded by 320 acres of farm land in easement. A gracious Georgian manor with slate roof, a cobblestone courtyard and faced by two matching, 2 story residences. 12’ ceilings on main floor. Two large, elegant suites on the second floor with a great walk-in closet and dressing room. Estate offers Managers and Gardener’s houses. Pool and pool house. Landscaping includes lovely Gillette Gardens and terraces. Farm outbuildings in place. $3,500,000

SOLD

KING MOUNTAIN ROAD

OLD TRAIL DRIVE

1 story brick home with a deep sitting porch and lovely back patio. 3 bedrooms with optional 4th on main level. An eat in kitchen opens to a gracious family room with gas fireplace and crown molding. Beautiful 6 ‘ Castilian walnut floors. Large master suite with walk in closet and tray ceiling. Full, walk out terrace level includes: family room, full bath, exercise room as well as plenty of storage. Multiple green features. $664,000

SOLD

One level living in contemporary home, surrounded by acres of wooded common area for your privacy. Vaulted ceiling, fireplace and hardwood floors in living room, with large adjoining screened porch for entertaining. . Updated kitchen and bathrooms. with granite countertops and tiled floors. Split bedroom design with an additional bedroom and bath on lower level, plus rec room and 2 car garage. $349,000

4 BR, study & 2 car garage, on one level, plus partially fin basement in one of Charlottesville most desirable neigh-

borhoods. Full of charm, large windows, all brick w/

new roof, baths, windows, etc..

Hardwood floors, cedar closet, very large rear deck for enter-

taining, level, sunny, lot with mature shade trees. $450,000 Ring Sonja 981-3523

CALL SHARON Over 25 years of Real Estate experience. email: callsharon.today@yahoo.com cell: 434.981.7200

PEACOCK HILL, IVY

Sonja Casero

Multi-million-dollar top producer. email: sonjac2702@gmail.com cell: 434.981.3523

WWW.MCLEANFAULCONER.COM

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

MILTON HILLS DRIVE

Dramatic, contemporary country home, privately set on 3.3 acres at the end of a quiet cul-de-sac. Soaring ceiling in the great room with floor to ceiling stone fireplace. Huge state of the art kitchen with Wolf and Subzero appliances. One floor living plus a large 2 room loft. Extensive outdoor living spaces: covered front porch, rear screened porch and private deck. Lovely wooded lot. Privacy without seclusion. $595,000

SO LD

SO LD WEST FARM

QUANDARY FARM

Circa 1860, 100 AC homestead near Trump & Blenheim Vineyards.

Private compound w/ pro sound studio, pond, guest house & cabin. $995,000 MLS#550247

DOWNSIZE TO THE COUNTRY

Located on Rolling Rd, Fluvanna. 3 BR, 1 1/2 BA on 1+ acres.

Extensive decking surrounding above ground pool. $169,500 MLS#569114

EW

Extraordinary home c 1850 on 16+ AC. Classic finishes, vaulted ceilings, above garage apt. & rolling pastures in a private setting. $499,000 MLS#555704

N

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

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HOLLY SPRINGS FARM

OLD ORCHARD

Circa 1850, Excellent value of 74 acres in Scottsville. Vintage dependencies, new horse barn with indoor pool. $795,000 MLS#564151

A SPORTSMANS RETREAT

MODERN MANOR HOME

CARTER’S BRIDGE

Immaculate executive home privately situated in the Carters Bridge estate area. Additional acreage available. $849,500 MLS# 569206

SO LD

Look out over your own private lake from nearly every room!

Immaculate home on 31+ acres boasting privacy & tranquility. $895,000 MLS #558881

SO LD CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

FRAYS RIDGE ESTATE

Stately Albemarle estate of 21 acres. 9 bedrooms, pool, pond, 6 car garage, 4 kitchens. $2,200,000 MLS#513246

ESMONT COTTAGE

Classic 3BR 2B brick home, w/ full, unfin basement, built in 1973. Nicely preserved, on 3+ AC, in southern Albemarle. $198,500 MLS#554105

CO U N ND TR ER AC T

Come build your log cabin overlooking the 5 acre lake, near the Exquisite home w/ custom detailing throughout. 1st floor master, 3 generously sized bedrooms & ample outdoor living areas. center of this magnificent 178+ acre property. $1,350,000 MLS # 565879 $495,000 MLS#569558

LOCKWOOD FARM - 200 ACRES

Prime, gently rolling farmland near Scottsville. 3 ponds, serviceable barns and equipment shed. $650,000 MLS #550478

EDNAM FOREST Stately brick home on one of the finest elevated & sunny lots in Ednam Forest. Beautifully maintained w/ 4 BR & ample unfinished space.

$1,395,000 MLS#567918

Inside: JANUARY 17 - JANUARY 23, 2 0 1 8

10

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 ®

FREE

A PUBLICATION OF THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS® Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange, Augusta

EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers Farm, Estate and Residential Brokers 503 Faulconer Drive ∙ Charlottesville ∙ VA ∙ 22903

CAAR Publishes 2017

Opportunities and Resources Abound for

FIRST-TIME BUYERS

FOURTH QUARTER & YEAR-END HOME SALES

BY CELESTE M. SMUCKER

FOR SALE

OLD TRAIL DRIVE

1 story brick home with a deep sitting porch and lovely back patio.

3 bedrooms with optional 4th on main level. An eat in kitchen opens to a gracious family room with gas fireplace and crown molding. Beautiful 6 ‘ Castilian walnut floors.

Large master suite with walk in closet and tray ceiling. Full, walk out terrace level includes: family room, full bath, exercise room as well as plenty of storage. Multiple green features. $664,000

JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

What’s

5

WWW.CAAR.COM

VOL. 27 NO. 3 n JANUARY 17 - JANUARY 23, 2018

MILTON HILLS DRIVE

Dramatic, contemporary country home privately set on 3.3 acres at the end of a quiet cul-de-sac. Soaring ceiling in the great room with floor to ceiling stone fireplace. Huge state of the art kitchen featuring Wolf and Sub Zero appliances. One Floor living plus a large 2 room loft.

Extensive outdoor living spaces: covered front porch, rear screened porch and private deck. Lovely wooded lot. Privacy without seclusion. $595,000

Opportunities and Resources Abound for

18

Issue: IN EVERY

REAL ESTATE NEWS

CITY LIVING, WOODLAND SETTING

Greatly reduced! Architect designed unique home convenient to downtown, shops & UVa. 2 BR, 2 full baths upstairs & apartment on terrace level with separate entrance, has multiple possibilities. Cathedral ceilings and fireplace in living room with a 2nd FP in gorgeous master bedroom suite. Professionally landscaped woodland garden, 3 full baths, 4 BRs. $386,000

CAAR Publishes 2017 Fourth Quarter & Year-End Home Sales..... 6

CAAR Publishes

2017 Fourth Quarter & YearEnd Home Sales

FEATURE

Opportunities and Resources Abound for First-Time Buyers .....................12

BY CELESTE M. SMUCKER

Home Sales Stats ........................22

NEXT WEEK:

Mill Creek, Lake Reynovia Protect Your Home from Weather Events

SONJA CASERO

Multi-million-dollar top producer for over 20 years. email: sonjac2702@gmail.com cell: 434.981.3523 WWW.MCLEANFAULCONER.COM

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

BY CELESTE M. SMUCKER

NEWLY LISTED

Attractive, 1-level, easy-care living in established neighborhood. Convenient to NGIC, GE, Hollymead Town Center, etc.. Open floor plan with cathedral ceiling in great room, laminate & ceramic tile floors throughout. Well appointed kitchen with cherry cabinets, granite countertops & steel appl. Fully fenced backyard & large storage shed. $259,900

C U O N N D T E R R A C T

FIRST-TIME BUYERS

CALL SHARON

Over 25 years of Real Estate experience. email: callsharon.today@yahoo.com cell: 434.981.7200

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

6

Charlottesville Area Association of REALTORS® Publishes

2017 Fourth Quarter & Year-End Home Sales Greater Charlottesville Area 2017 Fourth Quarter Highlights: •

•

•

NEWS & VIEWS

•

•

•

Home sales increased 7.5 percent (863) compared to Q4 2016 (803), while year-end indicated a 4.0 percent gain.

Greater Charlottesville median sales price rose to $300,000 (12 percent) compared to Q4 2016 ($267,842), as year-end marked a 7.4 percent improvement.

The median days on the market for Q4 2017 remained steady at 71 days, unchanged from Q4 2016, while year-end showed a 8.5 percent decline (six days fewer).

New listings grew 13.4 percent (822) compared to Q4 2016 (725), as year-end marked a 2.8 percent increase.

Pending sales improved 17.6 percent (761) compared to Q4 2016 (647), while year-end showed a 7.5 percent surge.

Inventory of homes for sale declined 15.9 percent (939) in Q4 2017, as year-end indicated a 15.7 percent decrease.

Albemarle County Q4 2017 Closed Sales increased 13.9 percent for Single Family Detached homes and 7.3 percent for Single Family Attached homes. Pending Sales increased 12.7 percent for Single Family Detached homes and 24.3 percent for Single Family Attached homes. Inventory decreased 5.6 percent for Single Family Detached homes and 30.8 percent for Single Family Attached homes.

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

National Outlook There is an ongoing and undeniable national housing shortage. Year-overyear inventory levels have been down in most markets for several years now, and that trend is expected to persist in 2018. Amazingly, this has not dissuaded a burgeoning number of consumers to either forgo a first-time home purchase or relocate to another, presumably more ideal home. Having the financial ability to make a move clearly seems feasible to many eager buyers amidst a healthy economy, whether life events such as marriage, children, employment change or desirable downsizing is the reason for moving.

There are further positive signs on the horizon, as builder confidence has improved and construction job gains are measurably higher. It will still take more effort than one year can provide for building activity to reach a needed level for inventory balance, but a step in the right direction is welcome.

More sellers should feel ready and willing to list in 2018. Economic indicators such as unemployment rates and consumer confidence are in an im-

homes and 23.8 percent for Single-Family Attached homes. Inventory decreased 11.9 percent for Single Family Detached homes and 30.5 percent for Single Family Attached homes.

“Similar to the national challenge, the Greater Charlottesville market continues to experience extremely low supply of inventory of homes for sale,” said CAAR President Arleen Yobs. “At the end of 2017, we had an inventory of 939 homes for sale, compared to 1,116 homes in 2016—a 15.9 percent decrease. If a seller is contemplating putting their house on the market, now is definitely a great time to do it—it is a seller’s market.”

“The Greater Charlottesville market continues to remain strong, that is clearly indicated by higher closed sales (4.0 percent), median sales price (7.4 percent), and pending sales (7.5 percent) when comparing 2017 to 2016,” said CAAR President-Elect Tele Jenifer.

“Considering we had such a large surge of pending sales in Q4 2017 (17.6 percent) could indicate a solid start to the first quarter of 2018.”

City of Charlottesville Q4 2017 Closed Sales increased 11.4 percent for Single Family Detached homes and 11.5 percent for Single Family Attached homes. Pending Sales decreased 3.1 percent for Single Family Detached homes but increased 21.7 percent for Single Family Attached homes. Inventory decreased 2.9 percent for Single Family Detached homes and 52.8 percent for Single Family Attached homes.

Fluvanna County Q4 2017

proved state, and sellers currently hold the keys in the buyer-seller relationship. This does not mean that sellers can set their price and watch the offers roll in. On the contrary, buyers will be poised to test prevailing price points, particularly in markets where home price increases are outpacing wage growth and in light of the fact that

mortgage rates are expected to increase further in 2018.

Greater Charlottesville Q4 2017 Closed Sales increased 8.6 percent for Single Family Detached homes and 4.0 percent for Single Family Attached homes. Pending Sales increased 15.6 percent for Single Family Detached

Closed Sales increased 5.5 percent for Single Family Detached homes but remained flat for Single Family Attached homes. Pending Sales increased 15.1 percent for Single Family Detached homes but decreased 100.0 percent (0 sold in Q4 2017 vs. 2 sold in Q4 2016) for Single Family Attached homes. Inventory decreased 20.9 percent for Single Family Detached homes and 100.0 percent (0 in Q4 2017 vs. 3 in Q4 2017) for Single Family Attached homes.

Closed Sales increased 10.3 percent for Single Family Detached homes but remained flat for Single Family Attached homes. Pending Sales increased 39.0 percent for Single Family Detached homes but remained flat for Single Family Attached homes. Inventory decreased 23.1 percent for Single Family Detached homes but remained flat for Single Family Attached homes.

Louisa County Q4 2017 Closed Sales increased 2.7 percent for Single Family Detached homes and 40.0 percent for Single Family Attached homes. Pending Sales increased 33.3 percent for Single Family Detached homes and 125.0 percent (9 sold in Q4 2017 vs. 4 sold in Q4 2016) for Single Family Attached homes. Inventory decreased 20.6 percent for Single Family Detached homes but increased 300.0 percent (4 sold in Q4 2017 vs. 1 sold in Q4 2016) for Single Family Attached homes.

Nelson County Q4 2017

About CAAR The Charlottesville Area Association of REALTORS® (CAAR) represents more than 1,000 real estate professionals in Charlottesville and Albemarle and the surrounding areas of Fluvanna, Greene, Louisa, and Nelson counties. This 2017 Fourth Quarter & YearEnd Market Report is produced by the Charlottesville Area Association of REALTORS® using data from the CAAR MLS, pulled Friday, January 5, 2018.

For more information on this report or the real estate market, contact a REALTOR® today using MYCAAR.COM. NOTE: The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. n

www.caar.com

using a REALTOR® is a

7

NEWS & VIEWS

Closed Sales decreased 13.2 percent for Single Family Detached homes and 23.3 percent for Single Family At-

tached homes. Pending Sales increased 11.4 percent for Single Family Detached homes and 12.5 percent for Single Family Attached homes. Inventory decreased 8.0 percent for Single Family Detached homes and 23.2 percent for Single Family Attached homes.

JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

Greene County Q4 2017

bright idea!

5990 BUCK RIDGE RD | FREE UNION

3715 ASHLEIGH WAY

Open Sunday, January 21, 12-2 pm FABULOUS SMALL FARM of 7.79 acres, privately situated in northern Albemarle. Stunning 3BR/3BA home looks out on the efficiently fenced pastures and barn with automatic waterers. A 2 car garage, mower shed and sophisticated astronomic observatory are included. Everything is in excellent and move in condition. $550,000. www.GerriRussell.com 434-531-9581. (569576) Hosting Agent: Gerri Russell Directions: From Pantops, 20 N, left onto Gilbert Station Road, left on Ashleigh Way Road to end of cul de sac.

A Virginia Tradition Since 1927 Ednam Hall • 1100 Dryden Lane • Charlottesville, VA 22903 Ph (434) 951-5155 • F (434) 951-5190 homes@roywheeler.com • www.roywheeler.com

GRIER MURPHY Real Estate Broker, GRI

434.466.5850 griermurphy@nestrealty.com NestRealty.com/GrierMurphy 126 Garrett Street, Ste D, Charlottesville, VA 22902 800-325-6378 (NEST) | NestRealty.com

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

MLS# 560248 $369,500

WALK to Glass House Winery to UNWIND after your traffic-free commute! This lovely Free Union home sits on nearly 4 PEACEFUL ACRES and has gorgeous winter MOUNTAIN VIEWS. Hardwood floors throughout the main level and ALL NEW CARPET upstairs. The ample eat-in kitchen, with NEW flooring, has access to one of the MANY DECKS and features local soapstone counters and cherry cabinets. Upstairs are 2 bedrooms, an adjacent full bath as well as a nicely proportioned master suite with garden tub. 2 NEW Heat pumps and roof less than 5 years old. A WHOLE HOUSE GENERATOR for peace of mind during inclement weather and don’t miss the full, unfinished basement for storage! WESTERN ALBEMARLE SCHOOLS!

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

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503 Faulconer Drive Charlottesville · VA · 22903 p: 434.295.1131 f: 434.293.7377 e: homes@mcleanfaulconer.com

MCL EAN FAULCONER INC. Farm, Estate and Residential Brokers THE CHIMNEYS

RAGGED MOUNTAIN FARM

UNBELIEVABLE VALUE IN IVY! Stately Federalstyle residence on 3+ acres, 1st and 2nd floor master suites, Chef ’s kitchen, superb finishes. Blue Ridge and Ragged Mtn. views. 10 minutes west of Charlottesville.

MLS #562334 $1,625,000 Steve McLean 434.981.1863

BEST COUNTRY CLUB VALUE!

GREAT PRICE for this well maintained 4-bedroom,Glenmore colonial, full unfin. basement, walk to club form quiet street. 50% club discount.

EXCELLENT VALUE! $519,000 MLS#562380 Jim Faulconer 434.981.0076

FARMINGTON COUNTRY CLUB

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

Classic 4 bedroom brick residence in most private 2.3 acre setting, beautiful views! Large formal rooms, custom design kitchen, two fireplaces, 2-car garage, walk-out basement. MLS#569134 Jim Faulconer 434.981.0076

Fabulous 273-acre country estate, base of Blue Ridge Mts., magnificent views in all directions. 9000 square foot restored residence, circa 1803, 2 guest homes, 2 barns. This home has amazing rooms, awardwinning gourmet kitchen, completely renovated and enlarged. The farm is in excellent condition, fenced, with 2 lakes and many creeks.

Visit: www.thechimneysfarm.com MLS#554020 $4,950,000 Jim Faulconer 434.981.0076

KESWICK ESTATE

Exquisite, 4-bedroom home with premium finishes, paneled study, 1st-floor master suite, home theater, infinity pool, charming guest house, and gorgeous gardens. Walk to Keswick Hall. MLS#556917 $1,895,000 Steve McLean 434.981.1863

CARAPAN

2.5 private acres in Keswick Estates. Private with lovely views of the golf course and distant mountains. Architecturally designed, 7,000+ square foot residence with 5 bedrooms. www.keswickestate.net MLS#451592 $1,825,000 Charlotte Dammann 434.981.1250

LENNOX

Historic, and private southern Albemarle Co. farm on 150+/- acres with guest cottage and charm among other large estates. Only 20 min. to Charlottesville.

MLS#561792 $1,695,000. Available with 23 acres, $785,000. Tim Michel 434.960.1124

BELLAIR

Charming c. 1953 brick home on private 1± acre lot offers 3 bedrooms, 2 full baths, living room, kitchen, dining room, 2 fireplaces and hardwood floors. Convenient, close-in location minutes west of the City limits.

MLS#566703 $849,000 Steve McLean 434.981.1863

KESWICK

Attractive Cape Cod with Southwest Mountain views situated on 3 acres in one of the most beautiful and protected sections of Albemarle County.

Convenient living in this 4-bedroom residence with living room, large kitchen/family room, dining area, sun room overlooking a pond and garage.

Minutes from amenities at Keswick Hall and Estate, Charlottesville and UVA. MLS#555617 $649,000 Charlotte Dammann 434.981.1250

ALICENT FARM

Circa 1920, classic Virginia brick residence on 121 acres next to Blue Ridge Mtns. and protected 500acre park. The perfect grazing farm or vineyard. Guest cottage & pond. www.alicentfarm.com MLS#559536 $1,975,000 Jim Faulconer 434.981.0076

WWW.MCLEANFAULCONER.COM

MCL EAN FAULCONER INC. Farm, Estate and Residential Brokers

BLENHEIM ROAD

Modern log home on private 22,58 acres, vintage 1900’s logs with contemporary plan, new stone fireplaces, gourmet kitchen, main level master, 4,418 finished square feet. Many special features. MLS#568186 $1,175,000 Will Faulconer, 434.987.9455

BELLEVUE

Circa 1769, 8,200 sq. ft., formal gardens, mountain views, 145± acres, full equestrian facilities, 2 cottages.

National Historic Registry. Visit: www.albemarleva. com MLS#537630 $3,800,000 Andrew Middleditch 434.981.1410

RED HILL ROAD

ANDREWSIA

Gorgeous 253+/- acre parcel with views of the mountains in the distance. Currently being used as fertile crop land. One of the best land parcels to come on the market in a long time. MLS#509267 $1,295,000 Charlotte Dammann 434.981.1250

BLACKWELLS HOLLOW

Stunning 360 mountain views on this wonderful rural property in Browns Cove, just N of White Hall.

Multitude of options. Made up of 4 parcels totaling 91.53 acres. $599,000 MLS#569167 Will Faulconer (434) 987-9455

VILLA DESTE COURT

Rare opportunity to purchase a terrific building lot in this residential neighborhood. Convenient to Orange and owned by the same family for many years. MLS#551408 $59,000 Charlotte Dammann 434.982.1250

Wonderful 13-lot community, minutes west of Charlottesville. Private, partly wooded, excellent homesites in a beautiful setting. Prime Western Albemarle location. 5- to 21-acre lots from $245,000. Steve McLean 434.981.1863

Two wonderful estate parcels in coveted Ragged Mountain Farm. Excellent building sites, complete privacy, beautiful Blue Ridge mountain views.

Murray/Henley/Western Albemarle school districts.

84.79 acres: MLS#563174 $1,295,000;100.22 acres:MLS#563171 $1,495,000 Steve McLean 434.981.1863

This 73.9-ac. farm on a knoll is the perfect horse or cattle farm. The 3-bedroom residence has a large porch, full unfinished basement, and 2-car garage.

Priced below tax assessment! MLS#559927 $679,000 Will Faulconer 434.987.9455

EXCEPTIONAL LARGE ACREAGE

HEWITT ROAD

WILLIS LANE

42.26 park-like acres approx. 1.5 mi. from historic Downtown Scottsville! Includes one division right.

Soil study complete. Currently in land use. Mountain views! Only 20 mi. from C’ville. MLS#530854 $337,000 Will Faulconer 434.987.9455

FARMINGTON

Superb construction and details in over 5,700 square foot, 4-bedroom, 5.5-bath residence. Generous great room/kitchen area, main level master suite. Lovely, very private 2 acres near clubhouse. MLS#556297 $2,500,000 Jim Faulconer 434.981.0076

WILMINGTON ROAD

Five wooded lots with no restrictions and approved for conventional septic systems located one mile east of Wilmington and surrounded by large farms. Perfect dream home location 10 min. to Palmyra. Steve McLean 434.981.1863

STONY POINT ROAD

Private 5 acre estate parcel with beautiful level home site among mature hardwoods. Conveniently located to Downtown Charlottesville & UVA. MLS#565885 $280,000 C. Dammann 434.981.1250

WWW.MCLEANFAULCONER.COM

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

503 Faulconer Drive Charlottesville · VA · 22903 p: 434.295.1131 f: 434.293.7377 e: homes@mcleanfaulconer.com

JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

9

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

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HISTORIC BELMONT

A SELECTION OF RECENT SALES

990 ALLENDALE DRIVE

8464 MOUNTAIN HOLLOW RD

4763 WREN COURT

1530 MILTON ROAD

172 BAYLOR LANE

2 HARDWARE RIVER RD

Represented Buyer

Under Contract - Represented Seller

202 DOUGLAS AVENUE, #3C • $423,500 Enjoy city life in this contemporary, light-infused condo of the coveted Belmont Lofts! An open floorplan, 11’ ceilings and hardwood floors. Master with walk-in shower. Suburban and panoramic views. Open kitchen with breakfast bar, a gas fireplace/stove in living room. Walk to all Belmont has to offer, the Downtown Mall and historic Charlottesville. MLS# 569528

Represented Buyer

Represented Seller

Genevieve Verlaak REALTOR®, Licensed in Virginia

(434) 996-6683

Represented Buyer & Seller

genevieve@loringwoodriff.com

Represented Buyer

W W W. L O R I N G WO O D R I F F. C O M

Homes In Great Condition With Acreage In Nelson $189,500 w/1 ac. MLS #566152 Shipman, VA 7 +- AC. AVAILABLE

$296,500 MLS# 564324 TYE RIVER - 33.54 AC.

• Custom-built Brick, 4 BR., 2 BA., 2,274 fin. sq. ft. Home w/ Basement • Open & Wooded Ac. w/Fruit Trees & Detached Garage • Recent HVAC, 15’ x 20’ Living Rm. w/Brick gas-logged FP • 12’x28’ Family Rm., All Appliances Convey, UG Invisible Pet Fencing, Experience • Elevated Building Site w/Blue Ridge Mtn. Views 104 High Peak Lanethe Valley!

P A S S I O N, E X P E R I E N C E, I N N O V A T I O N

2393 Falling Rock Drive

• Secluded 2,031 fin. sq. ft., 3 BR., 3 BA., Custom Home on 33.54 Wooded Ac. • 15’x21.6’ Great Rm. w/Cathedral Ceiling & Oak Floors • 2 Screened Porches, Full WalkOut Basement w/Apartment • Property in Land Use w/Low Taxes - $1,330/yr.; 736 sq. ft.

Outbldg.

• One acre along the Tye River for fishing, Canoeing, Swimming

93 WOODSIDE DR

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Motivated Seller! Well maintained, hardwood

floors, cathedral ceiling, open kitchen/dining area $305,000 w/3.34 ac. MLS #566877 Faber, VA + large LR. Huge master w/ trey ceiling, 2 closets private BA. Maint. free trex board deck, custom ADDITIONAL 2.98 AC. &built AVAILABLE 12'x 16' Shed w. elect. Level yard, nicely

$125,000 MLS 566256 Faber, VA

landscaped & backs up to quiet wooded area.

• 3/4 BR., 3 1/2 BA., 2,255 fin. sq. ft.

Custom Home • Oak & Ceramic Flrs., 8’x45’ 1336 ROSSER AVE Front Porch, Screened Porch All Brick, 1 level in park like setting. Close to shopping, & short commute to • schools All Appliances Convey, 11’x14.6’ Charlottesville, Staunton, & Harrisonburg. Great Kitchen w/Skylights, 2-Zone floor plan, arched doors between LR & DR, 2 FP, Heat Pump beautiful hardwood floors, large kitchen w/ center island. Screened porch & mature landscaping.

• Full Walk-Out Basement w/WorkGAAR MLS#68098 • $158,000 shop & 1/2 BA., 9’x18’ Sun Porch • Fronts on DR Paved State Rd., w/ 41 EMERALD HILL driveway & Blue Ridge Fishersville - 6paved BR, 4 BA. Gourmet kit.: granite counters, stainless appl., hdwd floors.

Mtn. Views Formal dining w. wainscoting, chair rail & crown 104 Edgehill Way GAAR MLS#67900 • $167,900

molding. Open floor plan, gas FP w/ marble hearth. Gleaming oak hardwood & custom trim throughout. 1st & 2nd floor master BR w/BA. Elevated pastoral view.

GAAR MLS#66763 • $318,000

www.CaroleSaundersRealEstate.com KOLSON.MONTAGUEMILLER.COM Kyle. Olson • 540.649.4131 • aftonchap@gmail.com passion . experience innovation

®

®

• CR. 1894 Farmhouse w/3 BR., 2 BA. on 1.63 ac., 1,761 fin. sq. ft., fronts on a paved State Rd.

UNDER CONTRACT

• Easy Commute to Charlottesville, 4 mi. off US 29, Recently painted Exterior and Interior

• Pine Floors, Metal Roof, Family Rm. w/Wood Stove, Main Level Bedroom

186 SHILOH LOOP

• Taxes - $760.00, Well & Septic, Outbuilding, ADDITIONAL 7 +- AC. AVAILABLE

carole c. saunders, gri

cell 434.981.3089 | office 434.946.5522 | carolevar@aol.com

“I had been living in a home that was not safe or healthy for me or anyone else.

I don’t know where I would be living today if it weren’t for AHIP.” —Seniors Safe at Home client

Courtney Sargeant, Charlottesville native returns to her real estate roots.

Safe at Home

Courtney Sargeant Realtor ®

Mobile: 434-962-3100 CourtneySargeant7@gmail.com

Representing properties and advising clients since 1927.

Ednam Hall | 1100 Dryden Lane, Charlottesville, VA 22903 434-951-5155 | www.RoyWheeler.com | Homes@RoyWheeler.com

Nelson County 10008 Crabtree Falls Highway More than 500 feet of frontage on South Fork Tye River, fabled trout water, with level area for camping, spring water, and adjoining the National Forest! Once the site of a cabin, there is a septic system remaining (purchaser to verify utility) and bold spring.

Near Crabtree Falls, the Appalachian Trail, Blue Ridge Parkway and Wilderness Areas. Short trip to Nelson County’s many attractions including Wintergreen Resort, breweries and wineries. This 6.3-acre property is a perfect basecamp. Come see a fine outdoor parcel in the prettiest county in Virginia. $97,500

elderly neighbors are waiting for critical home repairs right now. Your support will keep them safe.

Seniors Safe at Home helps local senior citizens age in place by taking care of urgent repairs: leaking roofs, access ramps, plumbing and electrical issues, failed furnaces, and more.

S E N I O R S

Safe at Home

AHIP + CAAR + BRHBA | AHIPVA.org

136 Court Street Renovated, handicap-accessible

2 BR, 1 BA cottage on a double lot in Lovingston.

Improvements include replacement of windows/doors, insulation, electric upgrade, plumbing and HVAC, kitchen, utility room and renovation of bath with roll-in tile shower.

One-level living with spacious rooms, hardwood floors in living areas, gas log fireplace, sunroom/porch, covered porches, large yard with open lot, paved driveway, and garage. Easy access to Route 29. $149,000

1037 Pounding Branch Road Charming log home nestled in the woods close to Route 151—a destination for wineries, craft beer, and outdoor recreation. Renovated with new roof, flooring, plumbing, fixtures and baths. Kitchen has new cabinets, appliances, granite countertops, and tile backsplash. Two master suites, two living areas, woodstove, porches, sunroom, deck with outdoor shower and paved drive. Only 25 minutes to Charlottesville. $269,900

S P O N S O R S

Champion: Wells Fargo Benefactors: Pape and Company, Inc. and Home Instead Senior Care Supporters: Better Living, Inc.; Central Virginia Waterproofing; and Blue Ridge Termite and Pest Management

(800) 361-5155 • (434) 361-2440 www.MountainAreaRealty.com 2788 Rockfish Valley Highway • Nellysford, VA 22958

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Welcome back to Roy Wheeler Realty Company!

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Opportunities and Resources Abound for

FIRST-TIME BUYERS

BY CELESTE M. SMUCKER

uying a first home is an exciting event and something families look forward to, sometimes for years. Today’s first timers, primarily Millennials, are no exception. Most want to be home owners and, according to a 2017 article at Business Insider, over 66 percent of them expect to realize this dream over the next five years.

This is good news for the real estate industry and for Charlottesville-area sellers in the under $300 thousand price range who are ready to move into their next home.

At the same time, the National Association of REALTORS® reports that “Despite solid interest in buying a home [on the part of Millennials]—sparked by steady job gains, record low mortgage rates and higher rents—the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many firsttime buyers out of the market.”

Often, too, Millennials face another challenge: a mountain of student loan debt that can make it difficult to save a down payment or qualify for a loan.

Fortunately there are many resources to help them overcome these challenges, starting with agents and lenders ready to walk them through the process and show them ways they may not be aware of to manage student loan debt and find the homes they qualify for, as well as advise them on how best to negotiate with sellers so they can move forward with a successful purchase.

A big key for these buyers is to talk to their lender early says Andy Zemon, Sales Manager and Loan Officer with Waterstone Mortgage Corporation in Charlottesville. The decisions they make today about seemingly unrelated issues that impact their credit scores can have a long-term impact on their ability to buy a home.

It is also critical for these buyers to hire a REALTOR® and “put trust in them” as the experts who have helped many others through this complex process, said Jamie White with Montague, Miller & Co. - Downtown.

So contact your real estate pros today. Not only will they help you decide if you are ready and able to buy, they can also give you the education you need to make good decisions and help ease you into home ownership with a minimum amount of stress. And if you are not quite ready to buy today, your lender can help structure a plan to get you there as soon as possible.

First Steps The NAR reports that 99 percent of Millennial buyers start their home

In Albemarle, Charlottesville, In Albemarle, Greene, Fluvanna, Greene, Louisa & Charlottesville, Madison Fluvanna & Louisa

www.GingerKnowsRealEstate.com

200 WILD TURKEY LN

Quiet, private, 3BR/2BA retreat! Enjoy wildlife from the 18 x 12 screened covered front porch or 6 x 11.5 back porch. 5.99 Ac in 2 sep. parcels. Det. garage/shop building w/electricity, great shop area or room for animals. Wooded area partially fenced.

MLS#566763, $164,900

13 JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

Working with First Time Homeand BuyersSellers since 1979 Connecting Buyer Knowledge • Experience • Customer Service

FANTASTIC HOMES FOR THE FIRST TIME HOME BUYER

52 ASHLEIGH DR

Convenient county location. 2BR/2BA Townhome with screened porch and private backyard. Great room with cathedral ceilings , gas log FP. HOA covers roof, lawn care & snow removal. New roof.

MLS#566944, $164,900

Ginger Slavic

434.981.0118 • gaslavic@cs.com 350 Old Ivy Way • Ste 200 • Charlottesville Va

Gordonsville - Affordable ranch on 1.3 lovely private acres. 3 BRs, living room w/HW floors, eat-in kitchen & 1 full Bath. Beautiful yard w/ mature landscaping. Many recent upgrades & improvements: Roof 3yrs old, Central AC unit, 1 yr old, Double hung windows w/screens 1yr old, Gutters w/guards 3yrs old, Storm doors w/ screens 2 yrs old, & large metal shed 2 yrs old.

This home has lots of potential & waiting for new Owner. 10 minutes from Zion X Roads, Easy access to Hwy 15, 250 & I 64. 25 min to C’VILLE, & 45 min to Richmond.

MLS#565884, $119,000

“

540-949-8830(o)

540-241-4341(m)

1615 Jefferson Hwy Ste 101 Fishersville VA 22939

Vacation Year Round at

Lake Monticello

10046 Three Notch Road, Troy VA, 22974

www.monticellorealtors.com

434.327.2554 joegriffin@realestateiii.com

“

Oh, but anyway, Toto, we’re home. Home!

And this is my room, and you’re all here.

And I’m not gonna leave here ever, ever again, because I love you all, and - oh, Auntie Em - there’s no place like home!

Judy Garland as Dorothy, The Wizard of Oz

• Gated Residential Community • 350 Acre Recreational Lake with 5 Beachs • Great Fishing • City Services • Clubhouse, Pool, Tennis

• Convenient To Shopping • 18 Hole PGA Golf Course • Activity groups for all ages • Waterfront Homes Sold By Boat • Community Tour Available at our website www.monticellorealtors.com

Conveniently located just 25 minutes from Charlottesville, you’ll find a whole new lifestyle. Take Route 53 from C’ville to a left on VSH 618 (Lake Monticello Road).

Our office is on the right

We Sell Homes by Boat! Open 7 Days a Week

Monticello country, realtors 2704 Lake Monticello Road • Palmyra, VA 22963

434.589.3539 • 800.225 LAKE

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Joe Griffin

GINNY WILSON

Associate Broker

FEATURE

880 PADDOCK WOOD RD

Call Ginny for your personal tour

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FEATURE

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

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searches online prior to contacting an agent.

This means the internet is the source of much of their initial education and while this makes them much savvier first-time buyers than their parents were, many of these real estate newcomers may not be skeptical enough to question the validity of the info out there, said Julia Morris with Fulton Mortgage.

She advises them to “just do a little homework” starting with a reliable site such as that of the Piedmont Housing Alliance (PHA) to get familiar with the terminology, the procedures, and the requirements for buying a home.

A good example of common misinformation is the oft-repeated suggestion that buyers need to be prepared to save as much as 20 percent of the house price for their down payment, something that is far from the truth, Zemon said.

Instead he suggests buyers contact their lender to help determine how much house they can afford. If the down payment amount is a challenge, as it is for many first-time buyers, there are a number of different options available, some of which can be accessed through PHA. The lender can also assist them with choosing the right loan package. For example, buyers may be familiar with USDA loans as they offer 100 percent financing and have received a lot of press lately. While this program is a great opportunity for some, Morris said, it’s not the only one and may not be the best one for everyone.

She recently worked with a young couple who was better off with a 100 percent loan package that included a VHDA (Virginia Housing Development Authority) loan combined with a second loan from FHA. This formula also covered 100 percent of the home price, but because of the way it was structured, the buyers will not have to pay a monthly PMI (Private Mortgage Insurance) premium saving them lots of money over the life of the loan.

Call Your Lender Early A big issue for first timers, Zemon said, is they often wait too long to consult their lender. He regularly counsels renters to call their lender right after they sign a one-year commitment on an apartment or house if they plan to buy a home when their lease is up.

Buyers paying off student loans can also get helpful advice from their lenders. There are alternative ways to structure this obligation and a lender can direct the buyers to resources that help them make decisions that keep open the possibility of purchasing a home

Contact your lender to help determine how much house you can afford.

DOUG BURKE 434-996-6791 • dougburkerealtor@gmail.com 2581 WICKHAM RD in Louisa

GREAT FIXER UPPER for the first time homebuyer or investor. 3 bedrooms, 1 bath on 5.58 acres. Great commute to Charlottesville or Richmond! Sold as is. MLS#568120, $123,500

JUDI MARSHALL CROSON 540-894-1311 • judimarshallcroson@gmail.com

2 acre MINI FARM in Orange

3 BR’s near the town of Orange. Large yard - lot’s of possibilities. Almost, ready to move in. 1st floor BR & BA. Homestead type self sufficiancy possibilities on this mini farm. $1,500 carpet allowance incl. Mostly hardwood floors. Large detached 3 car garage/ workshop. MLS#567547, $149,900

Rob Nigmond 540.406.0106 | robertnigmond@aol.com 580 Jefferson Dr LAKE MONTICELLO

848 BEAGLE LN • CROZET

MAJOR Price Reduction. Under $170,000.

Bring your offer. Country living - Western Albemarle schools. Privacy & well over an acre of land, 16’ X 20’ screened porch w/ wood ceiling & skylights, large open living & family room, chicken coop for fresh eggs + 12 X 20 barn style storage unit.

Chiles Peach Orchard literally right down the road. MLS#563058, $169,900

Linda Finkel • 434-294-7124 • linda.finkel55@gmail.com

Wayne Hills

SHERRY C ANDERSEN

-

Adorable one & a half story affordable 3 BR, 1 BA located in an established neighborhood in Waynesboro!

Large upstairs BR(gameroom/office/storage?). Hardwood floors under the carpets!

Enjoy watching the sunset & relaxing on the back deck. Spacious, fenced backyard.

Certified energy efficient home + New roof, siding & gutters(‘15) + Storage bldg.

MLS#568384, $129,000

540-649-0925 • sherry.andersen@klinemay.com

Beechgrove Virginia Farmhouse

American Farmhouse, w/ original twoover-two floor plan w/ gable at the front of the house. Renovated, with 3 bedrooms, 1 bath, almost an acre, minutes to Wintergreen. Built to last in the early 1900’s & on the site that was once the original Beechgrove store.

MLS#570082, $149,000

Sara McGann • 434.996.4962 • sbmcgann@gmail.com Mountain Area Realty • 2788 Rockfish Valley Hwy • Nellysford VA 22958

First Time Home Buyer or Investor

Great opportunity for an affordable home or investment property in Nelson County.

3BR ranch with nice back yard, hardwood floors, separate living room & dining room, low maintenance vinyl siding, double paned windows + new front & rear decks.

MLS#565490, $50,000

Sara McGann • 434.996.4962 • sbmcgann@gmail.com Mountain Area Realty • 2788 Rockfish Valley Hwy • Nellysford VA 22958

KYLE R OLSON 540-649-4131 • AFTONCHAP@GMAIL.COM 3151 OLD LYNCHBURG RD

FEATURE

1st Dominion Realty • 943 Glenwood Lane • Charlottesville, VA 22901

One Story Ranch w/3 BRs, 2 BA’s & open floor plan. Large family room & decent sized kitchen w/ample cabinets. Large rear deck overlooks private yard. EASY commute anywhere in Central Virginia.

MLS#570517, $135,000

20 minutes to Charlottesville, ideal for the first time home buyer or investor. Addition added to rear of home. 2 stall horse barn & storage shed on 2.36 ac. Portion of the property is fenced for horses. Home has new roof, heat pump & well pump.

MLS#567173, $172,900

Anne L. Lohr • Cell (434) 987-2740 • alohr456@gmail.com Real Estate III • 2271 Seminole Trail • Charlottesville, Virginia 22901

Charlottesville Towers - 511 N First St

6th floor condo downtown - walk to restaurants, galleries, shops, & entertainment venues. Enjoy a pretty view over a garden by day & stars & city lights by night from your balcony! Open floor plan w/many closets. Lovely common areas, great parking too. This is the perfect pieda-terre for enjoying downtown living!

MLS#570356, $179,000

Sabina Martin Associate Broker, CRS, SRES, ABR, GRI

434.981.1147 • sabinarmartin@gmail.com

764 JEFFERSON DR • Lake Monticello

Much larger than it appears! 4 BR & 3 baths.

Large master on main level. Great room w/ vaulted ceilings & gas fp. Kitchen w/ large pantry & new stainless appl. Large back deck w/wooded view & large fenced in area.

Terrace level w/workshop, laundry rm, den, craft & exercise rms, office, 4th br, seller will consider credit toward new flooring.

Mls#568220, $225,000

CHERYL SPRANGEL 434-981-6695 • cherylre3@comcast.net

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A few homes for the FIRST TIME HOME BUYER!

Northern Albemarle! 3 large BR’s, 2 full BA’s, master bath w/jetted tub, large kitchen w/breakfast nook, family room with views, all on 5 acres. Room for a garden. Minutes to NGIC, Hollymead town Center & Charlottesville MLS#560778, $174,900

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All on 5 Acres 1275 SIMMONS GAP RD

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while they pay off their outstanding college debt.

Some graduates may have multiple loans and there are some “great plans available,” for consolidation, Morris said. Or they may be able to choose a repayment plan based on income, she continued, which often results in reasonable and more manageable payments. However, “often they do nothing,” which can leave them in a difficult situation if they want to become home owners.

Many first timers have good credit and can proceed right into getting pre-qualified for their mortgage loan.

Others, however, may have marginal or damaged credit including outstanding collections. In that instance lenders can either help them to develop a plan of action so they qualify for a mortgage in the future, or refer them to a housing counselor at PHA for a similar service.

In any case, talk to your lender first before taking action on credit issues, Zemon explained, adding that buyers with collections often want to pay them off quickly thinking this will enhance their credit scores. However, while this may seems logical, buyers need to consult with their lenders first about how to do it correctly since otherwise they may have “no shot at getting a house.” Some collections need to be paid off immediately, others not, he said. Bottom line, get advice before taking action.

For first timers with clean credit, the first call still needs to be to their lender who can ask the key questions, run some numbers and let buyers know the answers to two crucial pieces of information: how much their monthly payments will be and how much house they can afford. Their lender will also educate them about costs of home ownership they may not be aware of such as taxes, insurance or Home Owner Association (HOA) fees.

Nobody wants to find the perfect house, fall in love with it and then find out it’s out of their price range, or that the monthly payments are way more than they are comfortable with even if they are qualified to buy it. Talking to the lender first helps avoid this kind of heart break.

When buyers are deemed qualified to obtain a loan, the lender writes a pre-qualification or pre-approval letter. With this in hand, buyers are now ready to talk to their REALTOR® about which homes to view.

When they find one they like, their agent will use the lender’s letter to prove to sellers they are serious and qualified to follow through on their

offer. This is especially critical in our current market where multiple offers on popular homes are not uncommon.

First-Time Buyer Market The real estate market is active at all price points, so much so that agents’ biggest complaint is the lack of inventory, which can be frustrating for first timers who may be bidding against others for some of the same homes.

This means an important agent function is to educate first-time buyers to expect competition, explained John Updike with Roy Wheeler Realty Co.

He advises his buyers “if you lose out on the first offer, keep plugging away.”

It is important to “be proactive and stick to it,” he added.

A year ago a first-time buyer wanting to live in Charlottesville City or Albemarle County might have been able to find a property under $250 thousand or even close to $200 thousand. Rob Alley with RE/MAX Realty Specialists sold a two bedroom home on Druid Avenue for $245 thousand a few months back. An investor bought the home for $105 thousand, repaired it and updated the floor plan making

it appealing and affordable for some lucky first-time buyers.

Today buyers looking in the City or in Albemarle County may be fortunate to find what they want under $300 thousand, Updike said, adding he is looking forward to spring when more homes will be on the market.

First-time buyers willing to live in an attached property may still find a few affordable townhomes on the market in Albemarle. Updike referenced some in Crozet, outside of Old Trail, and White described some at Pavilions of Pantops currently on the market at the $270 thousand price point, as well as a few in the mid-$200 thousands at Sunset Overlook Townes near the new 5th Street Station.

If you are a first-time buyer willing to commute a ways to a Charlottesville-area job, or one who works out of their home, there are also affordable homes further out, some with acreage.

Updike recently showed a $233 thousand home in Fluvanna County to a young couple, and other agents report availability in surrounding areas such as Madison or Nelson Counties.

One popular, nearby community is Scottsville where first-time buyers can still find homes and be relatively close in. Often they have grown up in the area and decide they love it too much to leave, explained Debi Dotson with BHG Real Estate III - Glenmore. She has worked with a number of first timers this year who settled in Scottsville and now commute to Charlottesville for jobs.

Another possibility is Orange County where Keller William’s Tom Woolfolk described an active market in the $150 thousand to $200 thousand price range which, he says, “will always do well if the house is decent.” Orange even has a few options near $100 thousand, but first timers should be aware they may not be in a condition that is acceptable to lenders.

For those buyers willing to drive over Afton Mountain, Augusta County, where the median sales price was $163,515 the end of 2017, has much to offer first-time buyers as well.

If you are a Millennial or other firsttime buyer ready to make the move into your own home, now is a great time to go for it. Interest rates remain low and prices, while rising, are still reasonable.

Call your lender and your agent today.

They will walk you through the process and help you manage any challenges so you can get moved and start enjoying your new home. n Celeste Smucker is a writer and blogger who lives near Charlottesville.

79 Millstone Ln $239,900 3 Bed 2.5 Bath 1932SqFt MLS#569379

38 Woodlawn Dr $259,900 5Bed 3.5Bath 3313 SqFt MLS#569419

17 JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

Our Featured Listings

319 N Main St $208,900 3Bed 1.5Bath 2744 SqFt MLS#558782 Hegarty & Peery Real Estate Partners info@cvillevahomes.com www.cvillevahomes.com 434-535-2BUY(2289)

Nelson County 10008 Crabtree Falls Highway More than 500 feet of frontage on South Fork Tye River, fabled trout water, with level area for camping, spring water, and adjoining the National Forest! Once the site of a cabin, there is a septic system remaining (purchaser to verify utility) and bold spring.

Near Crabtree Falls, the Appalachian Trail, Blue Ridge Parkway and Wilderness Areas. Short trip to Nelson County’s many attractions including Wintergreen Resort, breweries and wineries. This 6.3-acre property is a perfect basecamp. Come see a fine outdoor parcel in the prettiest county in Virginia. $97,500

2 BR, 1 BA cottage on a double lot in Lovingston.

Improvements include replacement of windows/doors, insulation, electric upgrade, plumbing and HVAC, kitchen, utility room and renovation of bath with roll-in tile shower.

One-level living with spacious rooms, hardwood floors in living areas, gas log fireplace, sunroom/porch, covered porches, large yard with open lot, paved driveway, and garage. Easy access to Route 29. $149,000

1037 Pounding Branch Road Charming log home nestled in the woods close to Route 151—a destination for wineries, craft beer, and outdoor recreation. Renovated with new roof, flooring, plumbing, fixtures and baths. Kitchen has new cabinets, appliances, granite countertops, and tile backsplash. Two master suites, two living areas, woodstove, porches, sunroom, deck with outdoor shower and paved drive. Only 25 minutes to Charlottesville. $269,900

(800) 361-5155 • (434) 361-2440 www.MountainAreaRealty.com 2788 Rockfish Valley Highway • Nellysford, VA 22958

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136 Court Street Renovated, handicap-accessible

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

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A Virginia Tradition Since 1927 Charlottesville: 434-951-5155

®

®

Greene: 434-985-2348

Zion Crossroads: 434-589-2611

Ednam Hall • Dryden Lane • Charlottesville, VA 22903

PRNE IC W E

Homes@RoyWheeler.com • www.RoyWheeler.com

OUTSTANDING UVA LOCATION! Very near Grounds, the fitness center and Scott Stadium, this lovely brick duplex enjoys a solid rental history and income. The main house is 3BR/2BA and the rear unit is 1BR/1BA. There is lots of off street parking and a large open back yard which is used for Stadium parking. Hardwood floors, gas heat and well maintained. $459,900. Mike Peters 434-981-3995. (5570296)

DELIGHTFUL 1200 SQUARE FOOT, 3 bedroom ranch home on a corner lot in Lake Monticello. Open floor plan, laminate flooring throughout (NO CARPET) newer appliances, windows, roof, flooring, lighting. All appliances convey including washer and dryer. Lot allows for room to add future garage as well and is very low maintenance. $149,900.

Susan Stewart, 434-242-3550. (569652)

QUALITY WELL-BUILT HOME on one level with soaring 11ft ceilings in the great room open to the gourmet kitchen with beamed ceiling, screened porch, formal dining room, hardwood floors in the main living areas. Master suite with 6 ft tile shower, double sinks, & walk in closet. Bonus room with loft open to below. $559,900. susanstewart76@gmail. com Susan Stewart 434-242-3550. (563315)

THE CABIN AT WINTERGREEN is a rare and unique resort mountain property coming on the market for the first time. It is a generously proportioned, hand-hewn chestnut log cabin, built by renowned, master restorationist, Charles McRaven, a light-filled and charmingly sophisticated take on cabin living. Meticulously decorated and lovingly maintained property. $779,000. Julie Holbrook, 989-4415 and Bob Bollinger, 305-8863. (567445)

JUST STEPS FROM HISTORIC DOWNTOWN MALL, fine dining and great entertainment is a 1 bedroom sophisticated urban retreat. This penthouse condo offers open kitchen, living and dining. 10" ceilings, bamboo floors and great storage. One on site deeded parking space. All in a secure elevator building. Downtown living at its best! $228,000.

Alex Ix, 434-962-0509. (561922)

BRIDGEWATER II. TO BE BUILT, 2,313 finished sq. ft. on full basement. Owners & secondary bedrooms on the main level.

Hardwood in foyer, kitchen/breakfast and dining room. Tile in all baths. Maple cabinets and granite, 9 ft. ceilings, fireplace. Spring Creek features a top ranked golf course, 24-hour gated security, clubhouse and more only 15 minutes to Cville. $374,900. Bevin Cetta Boisvert, 434-996-8633. (564260)

BEECHWOOD. Escape from the city to your own private retreat. Includes, hunting, swimming, hiking, enclosed gazebo w/hot tub, garage/workshop. Home features granite counters, stainless appliances, 3BR/2BA, sunroom, LR, family room, separate dining, wood floors, ceramic tile, all on private 78 mostly wooded acres with creek. $380,000. Julie Holbrook, 434-989-4415. (567298)

LOCKWOOD FARM. 202+ ACRES. Prime & gently rolling farmland mostly open with approximately 30 acres in woods in Fluvanna County, near Scottsville. Including (3) ponds and more springs! Old, serviceable barns, (5) bay equipment shed. Perimeter and cross-fenced, very long road frontage on (2) state roads. An excellent agricultural parcel! $650,000. JimBonner.com 434-9515102. jim@jimbonner.com (550478)

A RARE FIND! Tucked away down a winding paved driveway you'll find a beautifully manicured brick ranch home on 55+ acres with a 1200 sq ft. barn. 1st floor master bedroom, office, guest/in-law space with separate entrance. Finished basement offers 2nd full kitchen, bar & billiard room, family room w/stone fireplace, walk-out to a side patio. $595,000.

Kim Johnson, 434-465-5138. (563051)

GOBBLERS KNOB. Tranquil and undisturbed, yet so convenient to Cville and Ruckersville. Custom log home carefully constructed with top grade materials and meticulously maintained. Private 2nd flr master with ensuite bath and spacious loft area. 2BR/1BA on 1st flr. Full-length front porch.

Full, unfin basement. TRULY A MUST SEE! $495,000.

Kathryn Bentley, 434-989-6769. (559073)

ENJOY COUNTRY LIVING on 30+ acres where you can bring your horses and create memories of a lifetime with your dream home. This 2 homesite parcel is mostly wooded with electricity routed to the property. No HOA. Minutes to Cunningham School. Bring your own builder or use one of ours! $125,000. susanstewart76@gmail.com Susan Stewart 434-242-3550. (570487)

WONDERFUL BUILDING LOT in Wildwood Valley.

Lot offers fantastic mountain views across adjacent farmland.

Wooded lot with gently rolling topo. Great lot for your new home ideas. Lots 61 and 62 are also listed for $47,000 each, see mls#s 570463, 464 or both lots for $75,000. MatthewWoodsonProperties.com 434-960-5187. (570462)

EXCELLENT OPPORTUNITY to own a large tract of mostly wooded land near the town of Gordonsville. Existing home and buildings are not salvageable and have no value.

From traffic circle in Gordonsville head south on 15S/33E to left on Louisa Rd. Go approximately 1 mile to left on Hanback Rd to property on left. $99,000. MatthewWoodsonProperties.com 434-960-5187. (547653)

SPECTACULAR MOUNTAIN VIEWS. This 8 acre (zoned C1) has a dramatic, buildable and completely private pad site. Just minutes from the Shenandoah National Park & Blue Ridge Parkway. Adjacent 8.0 acre lot (mls 566559) is also available for $67,000 or purchase both for $119,000 (mls 566561). MatthewWoodsonProperties.com 434-9605187. (566560)

M

O SE TIV LL AT ER ED

WHAT A SUPER HOUSE in a great location only 15-20 minutes from Pantops and an easy ride to NGIC. The home features a gas FP, surround sound in the living room and basement family room, stainless steel appliances, cathedral ceilings in the living room and dining area, hardwood floors in the kitchen and foyer.You need to see this gem to appreciate. $279,000. Bonnie & Joe Field, 434-589-2611. (569683)

D RE

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AC RE AG E CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

WELL-KEPT COLONIAL-STYLE home situated on a quiet cul-de-sac walking distance to restaurants, shopping, doctor’s offices and trails. 1st floor features office, family room, gas FP, kitchen w/cherry cabinets, granite counters, hardwood floors. Upstairs has 4 generous bedrooms. Fencedin backyard/patio and two-car garage. $279,000. Bevin Cetta Boisvert, 434-996-8633. (568482)

Celebrating Over Eighty-Five Years

Western Albemarle: 434-205-4355

19 GORGEOUS EUROPEAN inspired manor home with exquisite details offering one level living and easy accessibility.

1st floor master and 3 generous bedrooms, all well well-appointed private baths. Minutes from the Shoppes at Stonefield & Barracks Road. Cottage home adjacent that can also be acquired in separate offering. $1,350,000. Karen S. Dowell, 434-531-6948 and Jim Bonner, 434-951-5102. (565879)

KESWICK HILL, the perfect country house! Total renovation & new construction in 2016. 26-acres originally part of Old Keswick Estate. First level master with beautiful bathroom, fireplace & private study w/fireplace, living room w/fireplace, gourmet kitchen, sun porch, mountain views, mature trees & landscaping. Sought-after Keswick location. $1,270,000. Duke Merrick, 434-962-5658. (561768)

ELEGANT RESIDENCE c.1967 with spacious, beautifully-proportioned rooms. Large 1st floor master w/FP. 4 add’l BR, 3.5BA. 4 gas FP, 1 wood-burning. Sun room opens to deck. Kitchen with custom island opens to morning room. Mature landscaping with boxwood, cherry and fig trees on 1.87 acres abutting 140 ac. parklike property under conservation easement. $1,595,000. Frank Quayle, 434-951-5100. (567720)

DETAILED CRAFTSMANSHIP in a 4BR/4BA estate offers a 19 acre private setting amid 360 degree Blue Ridge Mountain views CONVENIENT TO CHARLOTTESVILLE. Refinished white pine flooring, arched doorways, front & back staircases, 7 fireplaces & stone flooring. Tennis court & 52’ pool complete the setting. $950,000. Simone Kerber Alley, 434-760-0076. (558909)

THIS 30.33 ACRES IS A LOVELY BLEND of open and wooded land. Plenty of wildlife to view and open land to garden on. Bring your builder and start living the good life. $110,000. www.GerriRussell.com 434-531-9581. (545874)

ENVISION YOUR DREAM HOME on this property of over 9.5 acres. Just minutes out of Ruckersville or Stanardsville. Take a drive out, it is worth it!

From Ruckersville take 33W to left on Amicus. Property on right. $95,000. MatthewWoodsonProperties. com 434-960-5187. (568554)

10+/- ACRES OF PRIVATE WOODLANDS with quick access to Route 29. Mature hardwoods and two creeks. Perked for a three bedroom septic field and no HOA fees. $95,000. MatthewWoodsonProperties.com Matthew Woodson, 434-9605187. (558168)

LAST LOT AVAILABLE in Willow Lake, just South of PVCC! At the end of the cul-de-sac, and slopes to the rear for great walkout basement potential. Close to 64 and Wegmans! $99,000.

Maury Atkins 540-223-2719. (564365)

ONE OF GREENE COUNTY’S newest communities offers lots from 2 to 3.25 acres. Protected by towering hardwoods, farms and views of the Blue Ridge Mountains. Enjoy feeling worlds apart yet only minutes from shopping and Northern Albemarle County. Prices range from $49,000 to $69,000.

Pick yours today! MatthewWoodsonProperties.com 434960-5187. (554047, 48, 50)

LOCATION, LOCATION, LOCATION!! 5 minutes to Pantops, 45 minutes to Short Pump. This is a great lot for you to build the home you have always wanted. Gently rolling terrain surrounded by hardwood forest offering privacy and 1+ acres in Albemarle County. Proximity to the city while still having a secluded feel. $30,000. Gavin Sherwood, 434962-0226. (550977)

PRIVATELY SITUATED 13.07 acre parcel within 2 miles of the Shenandoah National Park and minutes from the quaint town of Stanardsville. Parcel enjoys a beautiful mountain and valley view with multiple locations for a home site.

Currently there is an existing 200-year-old 4 room cabin on the property being sold strictly AS-IS. $149,900. info@ stevewhiterealtor.com Steve White, 434-242-8355. (567385)

BEAUTIFUL ALMOST 9 ACRE PARCEL has a full 1/4 mile frontage near the lower end of Ballenger Creek, one of Fluvanna County's larger creeks. The VDOT-approved entrance road leads to the grassy area above and beyond the combined natural and man-made stone walls and terrace. (More acreage available see mls 565157 & 565304). $139,500. info@stevewhiterealtor.com Steve White, 434242-8355. (565156)

NICE ROLLING LAND OF 21 ACRES, mostly cleared with long views to the east. The property enjoys a spring-fed creek running through center, Northwest to Southeast. Modern metal/shed barn. This would be a great place to build your homestead! $149,500. Peter Lee, 434-286-3398. (563143)

77 ACRES of pristine woodland and stream/pond area. Long state road frontage with $110K of pine harvest ready. Build a fantastic home just 5 min. from Gordonsville. Rolling land.

Hardpack/stone driveway in place. Truly a special retreat surrounded by Virginia wildlife. Subdiv potential. Pictures cannot tell the story! $282,000. Fiona Tustian, 540-661-9089.

FionaTustian1@gmail.com (553128)

THOSE SEARCHING for magnificent mountain views, tranquil surroundings and a gorgeous rural setting, this 35+ acre parcel in Free Union is the answer. 16 theoretical development rights make it a perfect drawing board for a developer with a vision. Would also be great for a conservation easement, agricultural/farm use, vineyard, or private, hilltop estate. $575,000. Kathryn Bentley, 434-989-6769. (557086)

ALL LOTS - $34,900 EACH or $125,000 for all lots, ready to build on with perc sites. Close to Culpeper, Fredericksburg and all points North in Merry Meadows Subdivision. Lots range from 2.0277 acres to 2.4371 acres. Lee Wyatt, 540-718-3065. (516261)

Trust, Tradition & Market Leadership

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

Wintergreen: 434-325-8018

AC RE S

Downtown: 434-296-7171

JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

19

SO LD

SO LD WEST FARM

QUANDARY FARM

Circa 1860, 100 AC homestead near Trump & Blenheim Vineyards.

Private compound w/ pro sound studio, pond, guest house & cabin. $995,000 MLS#550247

DOWNSIZE TO THE COUNTRY

Located on Rolling Rd, Fluvanna. 3 BR, 1 1/2 BA on 1+ acres.

Extensive decking surrounding above ground pool. $169,500 MLS#569114

EW

Extraordinary home c 1850 on 16+ AC. Classic finishes, vaulted ceilings, above garage apt. & rolling pastures in a private setting. $499,000 MLS#555704

N

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

20

HOLLY SPRINGS FARM

OLD ORCHARD

Circa 1850, Excellent value of 74 acres in Scottsville. Vintage dependencies, new horse barn with indoor pool. $795,000 MLS#564151

A SPORTSMANS RETREAT

MODERN MANOR HOME

CARTER’S BRIDGE

Immaculate executive home privately situated in the Carters Bridge estate area. Additional acreage available. $849,500 MLS# 569206

SO LD

Look out over your own private lake from nearly every room!

Immaculate home on 31+ acres boasting privacy & tranquility. $895,000 MLS #558881

SO LD CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

FRAYS RIDGE ESTATE

Stately Albemarle estate of 21 acres. 9 bedrooms, pool, pond, 6 car garage, 4 kitchens. $2,200,000 MLS#513246

ESMONT COTTAGE

Classic 3BR 2B brick home, w/ full, unfin basement, built in 1973. Nicely preserved, on 3+ AC, in southern Albemarle. $198,500 MLS#554105

CO U N ND TR ER AC T

Come build your log cabin overlooking the 5 acre lake, near the Exquisite home w/ custom detailing throughout. 1st floor master, 3 generously sized bedrooms & ample outdoor living areas. center of this magnificent 178+ acre property. $1,350,000 MLS # 565879 $495,000 MLS#569558

LOCKWOOD FARM - 200 ACRES

Prime, gently rolling farmland near Scottsville. 3 ponds, serviceable barns and equipment shed. $650,000 MLS #550478

EDNAM FOREST Stately brick home on one of the finest elevated & sunny lots in Ednam Forest. Beautifully maintained w/ 4 BR & ample unfinished space.

$1,395,000 MLS#567918

New to Market

Join Our Team

Open Jan. 21st

Are you thinking about a career in real estate?

Are you an experienced real estate associate looking for a change?

2022 Chesi Circle

1-3

$459,000 - #569933 – Wickham Pond Premium lot, 2-car garage Christopher Eagle, 434-284-0425 DIR: 250 W to R on 240/Three Notched Road. L into second Wickham Pond entrance on Wickham Place. Go straight to Chesi Circle. House on L of cul-de-sac.

Mortgage Partners

Wonderful 4 BR Home

Albemarle Lake, Albemarle Co. $459,000 – MLS #570495 2-car garage, privacy on almost an acre D. B. Sandridge, 434-984-7479

To Be Built – Spring 2018 Delivery!

Greene Mtn Lake, Greene Co. $249,900 – MLS #570607 Jefferson model with open plan, 3 BR Tim Carson, 434-465-0846

At Real Estate III, we provide all of the training and tools you will need to launch a successful career.

We are redefining real estate in our area!

For more information call or email Tele Jenifer - Talent Attraction Director and New Agent Coordinator at 434-249-5915 TeleJenifer@RealEstateIII.com.

New to Market

JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

Open House

21

Featured Builder Traditional Homes of Albemarle

Ben Aliff 434-996-0016 NMLS #202242

Impeccable End Unit Townhome Old Trail, Albemarle Co. $207,000 – MLS #570636 Mountain view! High-end finishes!

Gracie Haines, 434-953-8183

Fannie Mae Online Reserve Auction Lakeside, Louisa Co. $164,900 – MLS #570633 Thru 1/31 – call agent for details Kathy Conlon 434-531-2225

For more information visit www.traditionalhomesofalbemarle.com or contact Tim Carson 434-465-0846.

Feature Properties

Classic Manor Home -154 Acres Woodville, Rappahannock Co. $1,950,000 – MLS #564156 Rolling pastures, pond, 60 ac of forest Rick Kohler, 540-675-1373

Excellent 83 +/- Ac Farm

Pratts, Madison Co. $495,000 – MLS #568871 Shaded paddocks, perfect for horses/cattle Jimmy Lavin, 804-869-2969

With 25 Years of Experience in the New Home Industry, Traditional Homes of Albemarle is proud to offer affordable priced homes with high quality construction and appointments. Tony Davis is highly motivated to deliver a great value to each of his homeowners and to ensure it will be a very sound investment for the future. Tony and his assistant and project coordinator, Lisa Shortridge, both provide attention to detail.

Georgian Custom Home Glenmore, Albemarle Co. $950,000 – MLS #561455 Attention to detail, 5 BR, 4.5 BA Jeff Gaffney, 434-981-1882 www.1695PaddingtonCircle.com

Immaculate 5 BR Home North Pines, Albemarle Co. $467,500 – MLS #567676 2 large master BR, 4.41 acres Dan Pettitt, 434-305-9471

Premier Luxury Condo

27.323 Acre Property

White Gables Condos, Albemarle Co. $735,000 – MLS #551517 Spacious 1 level living, great location Len Mailloux, 434-981-1972

Haywood, Madison Co. $495,000 – MLS #560929 Brick home, cottage and so much more Charles Shifflett, 434-882-0169

Special Country Retreat

New Home Under Construction

Barboursville, Albemarle Co. $425,000 – MLS #565353 2+ acres, winter mtn. views & more Len Mailloux, 434-981-1972 Bruce Langevin, 434-996-2693

www.RealEstateIII.com FindHome@RealEstateIII.com

Barboursville, Albemarle Co. $369,900 – MLS #565908 Min to NGIC & shopping, full bsmt Tim Carson, 434-465-0846

CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

Movement Mortgage, LLC is an Equal Housing Lender. NMLS # 39179 (www.nmlsconsumeraccess. org) | 877-314-1499. Movement Mortgage, LLC is licensed by the "Virginia Bureau of Financial Institutions" #: MC-5112. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in.

Borrowers must qualify at closing for all benefits. “Movement Mortgage” is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company.

JANUARY 17 - JANUARY 24. 2018 ISSUE 2703

22

HOME SALES STATS

ENDING THE WEEK OF JANUARY 7, 2018

There were 39 sales in the 11 county and city areas n 15 were in Albemarle with an average price of $373,498 n n n n n n n n n

6 were in Charlottesville with an average price of $337,583 1 was in Fluvanna with a price of $435,000 1 was in Greene with a price of $324,000 4 were in Louisa with an average price of $172,250 1 was in Madison with a price of $248,000 5 were in Nelson with an average price of $320,200 2 were in Orange with an average price of $194,178 2 were in Staunton with an average price of $193,000 2 were in Waynesboro with an average price of $182,450

THE

Staff:

PUBLISHER

Aimee Atteberry aimee@c-ville.com

MARKETING SERVICES Beth Wood beth@caarrew.com 434.817.9330

EDITORIAL COORDINATOR Celeste Smucker editor@caarrew.com

DESIGN Tracy Federico designer@c-ville.com

HOMES SOLD

Henry Jones rewdesigner@c-ville.com

3275 GATEWAY CIRCLE FOREST LAKES

1221 RURITAN LAKE ROAD SCOTTSVILLE

6498 BYRD MILL ROAD LOUISA

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.

1454 JOHN TUCKER ROAD MADISON

18094 WOLF TRAP COURT GORDONSVILLE

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CAAR REAL ESTATE WEEKLY WWW.CAAR.COM

LOCAL GOVERNMENT (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

GREENE COUNTY

CITY OF STAUNTON

LOUISA COUNTY

CITY OF WAYNESBORO

MADISON COUNTY

ALBEMARLE COUNTY

NELSON COUNTY

www.charlottesville.org Real estate tax rate: $.95 per $100 www.staunton.va.us Real estate tax rate: $.95 per $100 www.waynesboro.va.us Real estate tax rate: $.80 per $100 www.albemarle.org Real estate tax rate: $.839 per $100

FLUVANNA COUNTY

www.co.fluvanna.va.us Real estate tax rate: $.917 per $100

www.gcva.us Real estate tax rate: $.775 per $100 www.louisacounty.com Real estate tax rate: $.72 per $100 www.madisonco.virginia.gov Real estate tax rate: $.68 per $100 www.nelsoncounty.com Real estate tax rate: $.72 per $100

ORANGE COUNTY

www.nelsoncounty.com Real estate tax rate: $.804 per $100

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

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“I had been living in a home that was not safe or healthy for me or anyone else.

I don’t know where I would be living today if it weren’t for AHIP.”

Working with First Time Homeand BuyersSellers since 1979 Connecting Buyer Knowledge • Experience • Customer Service

—Seniors Safe at Home client

In Albemarle, Charlottesville, In Albemarle, Greene, Fluvanna, Greene, Louisa & Charlottesville, Madison Fluvanna & Louisa

179

Ginger Slavic

434.981.0118 • gaslavic@cs.com 350 Old Ivy Way • Ste 200 • Charlottesville Va

Welcome back to Roy Wheeler Realty Company! elderly neighbors are waiting for critical home repairs right now. Your support will keep them safe.

Seniors Safe at Home helps local senior citizens age in place by taking care of urgent repairs: leaking roofs, access ramps, plumbing and electrical issues, failed furnaces, and more.

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Champion: Wells Fargo Benefactors: Pape and Company, Inc. and Home Instead Senior Care Supporters: Better Living, Inc.; Central Virginia Waterproofing; and Blue Ridge Termite and Pest Management

Courtney Sargeant, Charlottesville native returns to her real estate roots.

Courtney Sargeant Realtor ®

Mobile: 434-962-3100 CourtneySargeant7@gmail.com

Representing properties and advising clients since 1927.

Ednam Hall | 1100 Dryden Lane, Charlottesville, VA 22903 434-951-5155 | www.RoyWheeler.com | Homes@RoyWheeler.com

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JJANUARY 17 - JANUARY 24. 2018 ISSUE 2703

23

401 Park Street Charlottesville, VA 22902

BEAUTIFUL VIEWS IN CORY FARM

434.977.4005 lwoodriff@loringwoodriff.com

5360 WINDY RIDGE ROAD $425,000 This well maintained home sits on a level, corner lot with beautiful views of the Blue Ridge Mountains in highly desirable Cory Farm. 1st floor master with large attached bath, dual vanities & jetted tub. Larger upstairs bedroom has attached office/sitting room.

Stone gas fireplace open to family room and dining room. Stone patio with serpentine sitting wall, builtin gas grill, and stained pergola with mature vines.

Extensive and mature edible landscaping surrounds the lot. Jay Reeves (434) 466-8348. MLS# 570376

LOVELY CONDO IN UNIVERSITY VILLAGE

500 CRESTWOOD DRIVE, #2208 • $369,500 The extremely well-cared for condo is flooded with natural light & has just been painted throughout! 2 spacious bedrooms, with multiple walk-in closets, 2 full baths & study. Indoor garage parking space. University Village is a wonderful 55+ community offering many amenities. Billie Magerfield (434) 962-8865. MLS# 566897

SPACIOUS GEORGIAN IN MERIWETHER LEWIS

WALK TO DOWNTOWN

SPACIOUS HOME IN STILL MEADOW

2525 WIND RIVER ROAD • $824,900 Wonderful opportunity to purchase in a neighborhood of distinctive homes that borders the Mechum River. 3.4 acre lot with open and wooded areas, terraced rear yard, & spectacular treetop screened porch.

2 master suites, finished 3rd level bonus room & finished terrace level. Kristin Cummings Streed (434) 409-5619. MLS# 564863

1006 LONG STREET • $532,000 Short walk to Downtown via lovely Locust Ave! Enjoy light-filled home with 5 beds, 3.5 baths, wood floors, dining room, living room with fireplace, huge deck & inviting front porch w/ incredible night views of Pantops area. Full unfinished basement. Off-street parking & fenced backyard. Inessa Telefus (434) 989-1559. MLS# 569592

1121 PHEASANT CROSSING • $474,000 Located across the street from the Club, this is one of the nicest, fenced yards in Still Meadow! Spacious 2-level home with open concept floor plan featuring 5 distinctive areas of living space on the 1st floor, including Home Office. Level backyard with deck. Tommy Brannock (434) 981-1486. MLS# 561580

65 ACRES - MERIWETHER LEWIS DISTRICT

LOADED WITH UPGRADES - WICKHAM POND

PRIVATE SETTING IN GLENMORE

5289 FREE UNION ROAD • $1,100,000 Elim Farm is 65 acres nestled on a knoll overlooking expansive Blue Ridge Mountain vistas. Wrap-around front porch of this Cape Cod flaunts 360˚ views. 2 small ponds, pasture and mature hardwoods. Built in 2006 with materials from the area, including local pine floors. Erin Garcia (434) 981-7245. MLS# 568184

1856 WICKHAM PLACE • $399,000 This nearly new home is loaded with upgrades & has a great open floor plan. Main level features granite kitchen counters, hardwood floors, open eating area by kitchen & a flex room that can be used as formal dining, formal living or office. Upgraded master suite. Convenient to Downtown Cville, UVA, and Crozet. Lisa Lyons (434) 987-1767.

3667 NEWBRIDGE ROAD • $825,000 Over $100K reduction! Stunning home offering privacy & the convenience of Glenmore Country Club. Built to uncompromising standards with reclaimed building materials. Great room with striking floor-to-ceiling stone fireplace & seasonal mountain views.

Gourmet kitchen. Billie Magerfield (434) 962-8865. MLS# 561027

PRIVACY IN THE CITY

1028 COTTONWOOD ROAD • $315,000 Enjoy the half acre wooded lot backing the Rivanna Trail with amazing privacy, yet is a short distance to Downtown. Located on a quiet cul de sac, this home features 3 bedrooms, 1.5 bath up & a large finished lower level. Many recent upgrades.

Sydney Robertson sydney@loringwoodriff.com. MLS# 569256

490 WILLWOOD DRIVE $399,900 One level living made easy with thoughtful spaces with 2 bedrooms along with full finished terrace level that could easily function as an in-law or teen suite, or rent out for more income! Large rear yard & side yard is fenced. Many recent updates incl’ Trane heat pump, roof, hot water heater, new flooring in kitchen, interior paint, and more! Don’t miss this incredible opportunity to live in Earlysville that offers privacy yet convenience to downtown Cville, UVA, Stonefield, NGIC and more. Angela Dotson (434) 981-6302. MLS# 570360

WWW.LORINGWOODRIFF.COM

AMAZING PROPERTY ON 2 ACRES - EARLYSVILLE