Ranch home in 1008 Sheridan Ave Charlottesville, VA
This 816-square-foot Ranch home in Charlottesville, VA includes 2 bedrooms and 1 bathroom. Its Ranch character defines the property's look.
| Price | $449,900 |
|---|
| Beds | 2 |
|---|
| Baths | 1 |
|---|
| Sqft | 816 |
|---|
| Architectural style | Ranch (60% match) |
|---|
| Address | 1008 Sheridan Ave Charlottesville, VA 22901 |
|---|
Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little under the area.
- At $450K, this home is 10% below the $500K median for 65 similar Ranch homes in Charlottesville, VA.
- That works out to $551 per square foot, 100% above the $276 comparable rate.
- New to market (5 days), so expect competition.
- The asking price has already been cut about 10%, a sign the seller is motivated.
| This home | $449,900 |
|---|
| Ranch median in Charlottesville, VA | $499,950 (65 homes) |
|---|
| Price per sq ft | $551 vs. $276 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,958/month with 20% down at a 7.28% 30-year fixed rate. You would need about $126,750 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,463/mo |
|---|
| Property tax (new-buyer reassessed rate) | $326/mo |
|---|
| Homeowners insurance | $169/mo |
|---|
| Total monthly | $2,958/mo |
|---|
| Down payment (20%) | $89,980 |
|---|
| Income needed | $126,750/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (55 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (55/100) |
|---|
| Beats renting in | 8% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $187,365 |
|---|
| Range (10th to 90th pct) | $104,038 to $291,340 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Charlottesville, VA where local data is thin.
Local home values
Typical home values in Charlottesville, VA have risen about 22% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto