2110 Ivy Road   |   Charlottesville, VA 22903

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924 Rainier Rd, Charlottesville VA 22903

  • $2,950,000
  • MLS #:654060

Neighborhood: Cherry Hill
Square Ft Finished: 2,536
Square Ft Unfinished: 400
Elementary School: Johnson (Charlottesville)
Middle School: Walker & Buford
High School: Charlottesville

Property Type: residential
Subcategory: Attached
HOA: HOA
Area: Charlottesville
Year Built: 2008
Price per Sq. Ft: $1163.25
6 Cherry Hill homes offered individually or as an investment package. Leased through Summer 2025. Super popular with UVA Medical and JAG. Near UVA Hospital, Campus and Downtown pedestrian mall. Luxury 3-level, 3-4 BR homes with 2 car detached garages and fenced rear courtyards! Two floor plans offered. Slight variations per home. Owner/Broker Licensed in Va. Recent zoning changes may allow for add'l income opportunities-verify. Strong rental history with steady stream of very qualified renters from UVA Hospital/JAG. Solid appreciation and annual rent increases. Homes often rent site unseen, within days of listing. Often, multi-year leases, from 2- 8 years. Super Location w subdivision green spaces, picnic tables, and walking trails. Nearby Smith Aquatic and Fitness Center, Ix Park, as well as 5th Street Shopping Ctr-Wegmans, Dicks, Panera, Alamo Drafthouse... Adjacent to Johnson Elementary. Easy I-64 access. Net ROI 9% (Income-Expenses, with depreciation). Add Historical appreciation 7.89% for a tremendous 16.89% return Each property owned by a different entity. Homes are occupied by tenants through Summer 2025. Lease extensions likely on some homes. Tenants pay HOA, covers landscaping/snow removal.
1st Floor Master Bedroom: No
HOA fee: $708
Stories: 3 Story
View: Residential View
Security: Deadbolts
Fence: Privacy Fence
Yard: Fenced, Landscaped, Mature, Nearly Level
Land Description: Landscaped
Windows/Ceiling: 9' Ceilings, Transom, Vaulted/Cathedral Ceiling
Garage Num Cars: 2.0
Cooling: Central AC, Heat Pump
Air Conditioning: Central AC, Heat Pump
Heating: Natural Gas
Gas: Natural Gas
Water: Public Water
Sewer: Public Sewer
Features: Dual Vanities, Walk-in Closet
Green Exterior: Cement siding
Basement: No
Appliances: Dishwasher, Disposal, Eat-in, Electric Range, Island, Microwave, Pantry, Recessed Light, Refrigerator
Kitchen Features: Granite
Amenities: Area Maint
Laundry: Dryer, Washer
Bath Features: Attach Primary Bath, Separate Vanities
Possession: Settlement
Kickout: No
Annual Taxes: $4,016
Tax Year: 2024
Legal: Zoned R-C per City records
Directions: From UVA Hospital, take Lee St to Rt on Roosevelt Brown Blvd to Rt on Cherry Ave. Left into Cherry Hill Subdivision on Rainier Rd. Left onto Bing Ln From JPA, left on Cleveland, left on Cherry. Rt into Cherry Hill on Rainier Rd. Home on the left

Days on Market: 90
Updated: 8/07/24
Courtesy of: Barrington Realty Llc

Price Reduced

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    Directions:
    From UVA Hospital, take Lee St to Rt on Roosevelt Brown Blvd to Rt on Cherry Ave. Left into Cherry Hill Subdivision on Rainier Rd. Left onto Bing Ln From JPA, left on Cleveland, left on Cherry. Rt into Cherry Hill on Rainier Rd. Home on the left
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    Listing Office: Barrington Realty Llc
    Happy Friday, friends! See whatโ€™s going on in and around Charlottesville this weekend by checking out our list below! โฌ‡๏ธ

๐ŸŒŸ Fun for the Family ๐ŸŒŒ

Date Night Drop-Off at Virginia Discovery Museum @vadiscovery (09/13)

Light House Studio Presents the 23rd Annual Youth Film Festival at The Paramount Theater of Charlottesville @theparamounttheater (09/13)

Second Friday Under the Stars at Ivy Creek Natural Area @ivycreek.foundation (09/13)

Second Saturdays: September at Bellair Farm @bellairfarmcsa (09/14)

Family Studio Day: September at Second Street Gallery @secondstreetgallery (09/14)

๐Ÿง˜โ€โ™€๏ธ Adults Night Out ๐Ÿš™

Veritas Supper Series with International Chef Michael Hunter at Veritas Vineyards and Winery @veritaswinery (09/13)

Salute the Sun Yoga on the Lawn at Potterโ€™s Craft Cider @potterscraftcider (09/14)

The Woolly Bully Beer Festival at The Wool Factory @the_wool_factory (09/14)

Introduction to Block Printing at Be Just Cville @bejustcville (09/15)

Merrie Mill Farm & Vineyardโ€™s 4th Annual Vintage British Car Show at Merrie Mill Farm and Vineyard @merriemillfarmandvineyard (09/15)

๐Ÿฅ• Festivals & Annual Events ๐Ÿฅฆ

2024 Zinc. Vintage Market at Misty Mountain Camp Resort @zincvintagemarket (09/13 - 09/14)

20 Wild Years: Rockfish Wildlife Sanctuary Gala at Potterโ€™s Craft Cider @potterscraftcider (09/13)

Get Better Crozet Community Health Fair at Claudius Crozet Park @stpaulsivy (09/14)

Creatures Great & Small Festival at Scottsville Pavilion (09/15)

CVILLE VEGFEST at IX Art Park @ixartpark (09/15)

#localevents #Charlottesvilleevents #Charlottesville #local #weekend #weekendevents #storyhouserealestate #storyhousere
    On this day, we remember and honor those we lost on September 11, 2001. We stand united in reflecting on the bravery, strength, and resilience shown by so many.

May we always carry forward the spirit of courage and unity that arose from that day. ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ•ฏ๏ธ
    COMING SOON | ๐Ÿ  128 Quince Lane, Charlottesville, Virginia 22902 | MLS#656643 | $325,000 | ๐Ÿ›๏ธ 3 bed ๐Ÿ› 1.5 bath | ๐ŸŽ‰ OPEN HOUSE Saturday, September 14th from 11 AM - 1 PM hosted by Aaron AND Sunday, September 15th from 11 AM - 1 PM hosted by Abby!

This 3-bed, 1.5-bath, 1,200-finished sq. ft. end-unit townhome features an opened-up open concept first floor layout (2021), a newer roof (2021), and new light fixtures (2021), first-floor LVP flooring (2021), dishwasher (2023), hot water heater (2022), washer (2024), and dryer (2024)!

Relax on the back patio, featuring stunning wooded views, neatly tiered gardens, storage shed, and a very private fenced-in backyard. Prepare meals in the light-filled kitchen, featuring ample butcher block countertop space, floating shelves, and pantry. Formally host dinners in the large, light-filled dining room!

Rest easy in the primary bedroom with ensuite full bath access, and utilize one of the other two bedrooms as a home office, exercise room, or guest bedroom.

Enhance your quality of life with low HOA fees ($172/yr) and having walk/run trails and a playground conveniently located within walking distance from the house!

๐Ÿ“ Enjoy being conveniently located within Charlottesvilleโ€™s highly sought-after Willoughby neighborhood, only 5 minutes from 5th Street Station, The Downtown Mall, and UVA hospital and grounds!

๐Ÿ“ฉ Email showings@storyhouseRE.com with questions!

#Charlottesvillerealestate #StoryHouseRealEstate #StoryHouseRE #startyournextstory #comingsoon #Charlottesville #StartYourStoryWithUs