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$199,900

Beds
2
Baths
1.0
sq ft
860

2527 Hydraulic Rd Unit 48, Charlottesville, VA 22901

2527 Hydraulic Rd Unit 48

CHARLOTTESVILLE, VA 22901

  • 26 days on market
Great Investment Opportunity! This updated 2 bedroom, 1 bath Solomon Court condo is located minutes from shops and restaurants, as well as Rt.29 and the 250 bypass. The condo community is 3.5 miles from downtown, UVA Medical Center, and UVA's graduate schools, and is located along the public bus line. The top floor condo features 860 finished sqft, LVP flooring, an open and light-filled living room and dining area, an updated kitchen with white cabinets and stainless appliances (gas range and refrigerator), two bedrooms with closet space, and a shared hallway bath. The condo offers central ac and gas heating. HOA fees include water/sewer, gas, basic cable, and trash (dumpster) pickup. One dedicated parking space is available per unit. There are unmarked spaces, available daily on a first come basis. Please note that this condo does not included a washer/dryer or hookups. There is an on-site laundry room within the community. *Please note: Condo is tenant-occupied with a lease in place through 5/13/2025*,Formica Counter,White Cabinets

Details

Property type

Condominium

Est. home value

$201,120

Lot size

Unknown

Price per sq ft

$233

Year built

1969

Annual property taxes

$874.5

Monthly HOA fee

$291

Price History

03/04/2025
Bright

Bright #661462

Listed
$199,900

Schools & Community

Elementary school: 

GREER

Middle school: 

Unknown

High school: 

ALBEMARLE

School district: 

ALBEMARLE COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$118,082
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$65,826
Cash to seller
$118,082

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Heritage Mortgage Llc

Loan start date

January 2021

Original loan amount

$72,750

Est. remaining balance

$65,826

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Raeford Leonard Black Ii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 7:45 PM

Listing updated: 03/29/2025 at 9:33 AM

Listed by: STEVEN BRADEN, BRADEN PROPERTY MANAGEMENT Phone #: (434) 973-3003

MLS: Bright #661462

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