April 2024 property transactions in Charlottesville: Mountain View developer buys another single-family house; Piedmont Community Land Trust sells another unit in Fifeville

Another look at what's getting purchased and for how much money

This year is moving fast and I wanted to get the summary of transactions for April before May ends. My research into the real estate market has become an important part of my overall reporting on the community and a city that has recently changed the rules of how development takes place. 

If you’ve not read one of these before, these blurbs are intended to be anecdotes of what’s happening. I do this work to track values over time and almost every single entry this month will lists both the 2024 and the 2020 assessment. Fundamental shifts have occurred during that time with the pandemic and a new Comprehensive Plan that points the way to more residential density. There’s also a relative lack of supply compared to demand for housing. What are your thoughts? Say so in the comments.  

This monthly look at recent property transactions is one of the only premiums that come with a paid Substack subscription. For the next seven days, the only way to see this is to chip in some money to ensure I can do all of the work. After that week, this list will be posted with the others on Information Charlottesville. Here’s the one from March 2024. 

Time is more precious on a nice spring day, so let’s just get to it.